Janus Henderson AAA CLO ETF

Frequently Asked Questions About JAAA

What does JAAA invest in?

To achieve its investment objective, the Janus Henderson AAA CLO ETF (JAAA) typically allocates a substantial portion—at least 90%—of its net assets to Collateralized Loan Obligations (CLOs). These primary holdings must possess an AAA credit rating at the time of acquisition, or if unrated, be determined by the Adviser to be of equivalent credit quality. The fund maintains flexibility regarding maturity, investing in CLOs across various durations. Up to 10% of the remaining portfolio may be invested in other high-quality CLOs. For these supplemental investments, a minimum credit rating of A- is required upon purchase, or they must be judged by the Adviser to exhibit comparable credit strength if unrated.

What is the expense ratio of JAAA?

Janus Henderson AAA CLO ETF (JAAA) charges an expense ratio of 0.20%. This is the annual fee deducted from fund assets to cover management and operations.

How big is JAAA?

Janus Henderson AAA CLO ETF (JAAA) manages $29.11B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is JAAA actively managed or an index fund?

JAAA's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was JAAA launched?

Janus Henderson AAA CLO ETF (JAAA) launched in October 2020 and is managed by Janus Henderson.

How has JAAA performed?

JAAA's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.