# Janus Henderson AAA CLO ETF (JAAA): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/jaaa for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Janus Henderson · Asset class: Fixed Income - Strategy: Actively Managed · Inception: 2020-10-16 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... ## Key Facts | Metric | Value | |---|---| | Price | $50.63 | | Expense Ratio | 0.20% | | Assets Under Management | $32.53B | | NAV | $50.64 | | Holdings Count | 626 | | Distribution Yield (TTM) | 4.84% | | Annual Distribution (TTM) | $2.45 /share | | Distribution Frequency | Monthly | | 52-Week Range | $50.32 – $50.82 | | Beta | 0.02 | ## Latest Distribution - Amount: $0.2018 /share - Ex-date: 2026-09-30 - Pay date: 2026-10-06 ## Frequently Asked Questions ### 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. ### What is JAAA's dividend yield? JAAA's trailing-twelve-month yield is 4.84%, calculated from the sum of dividends over the past year divided by the current price. ### What is the duration of JAAA? Effective duration measures JAAA's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. JAAA's current duration is published on the fund's factsheet on the issuer's website. ### What is the credit quality of JAAA? JAAA's credit quality breakdown (the share of holdings rated AAA through CCC and below) is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds. ### What is the yield to maturity of JAAA? Yield to maturity (YTM) is the total return you'd earn from JAAA if every bond in the portfolio is held to maturity at the current price. JAAA's YTM is published on the fund's factsheet on the issuer's website. It differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid. ### Does JAAA pay a dividend? Yes, Janus Henderson AAA CLO ETF (JAAA) distributes dividends to shareholders. The trailing-twelve-month yield is 4.84%. Full dividend history is on this page. ### How often does JAAA pay dividends? Janus Henderson AAA CLO ETF pays dividends Monthly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### When is JAAA's next ex-dividend date? The most recently announced ex-dividend date for JAAA was 2026-09-30. The next ex-date typically follows Monthly; once announced it appears at the top of the dividend history table on this page. ### How much will JAAA's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.20% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does JAAA charge its expense ratio? The expense ratio is deducted in tiny daily slices from JAAA's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does JAAA cost more than a fund like VOO? JAAA is actively managed (current expense ratio 0.20%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether JAAA's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to JAAA? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as JAAA (0.20%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/jaaa - Distribution history: https://www.dividenddata.com/funds/jaaa/dividend - Holdings & diversification: https://www.dividenddata.com/funds/jaaa/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/jaaa/expenses - Peer comparison: https://www.dividenddata.com/funds/jaaa/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.