# Janus Detroit Street Trust - Janus Henderson Asset-Backed Securities ETF (JABS): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/jabs 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: 2025-07-22 JABS is actively managed and invests primarily in USD-denominated, asset-backed securities (ABS), including CLOs, CMOs, agency/non-agency MBS, private structures, and pass-through certificates. It targets ABS rated A- or higher or unrated securities of comparable quality, with downgrades reviewed post-purchase. Investments may span various maturities, and durations, and may have fixed, floating, or variable interest rates. The fund also includes Rule 144A securities with resale restrictions. Derivatives, limited to interest rate futures, are used solely for hedging portfolio risks. In selec... ## Key Facts | Metric | Value | |---|---| | Price | $49.46 | | Expense Ratio | 0.34% | | Assets Under Management | $179.3M | | NAV | $49.45 | | Holdings Count | 183 | | Distribution Yield (TTM) | 4.87% | | Annual Distribution (TTM) | $2.41 /share | | Distribution Frequency | Monthly | | 52-Week Range | $48.79 – $54.31 | | Beta | 0.03 | ## Latest Distribution - Amount: $0.1621 /share - Ex-date: 2026-09-30 - Pay date: 2026-10-06 ## Frequently Asked Questions ### What does JABS invest in? JABS is actively managed and invests primarily in USD-denominated, asset-backed securities (ABS), including CLOs, CMOs, agency/non-agency MBS, private structures, and pass-through certificates. It targets ABS rated A- or higher or unrated securities of comparable quality, with downgrades reviewed post-purchase. Investments may span various maturities, and durations, and may have fixed, floating, or variable interest rates. The fund also includes Rule 144A securities with resale restrictions. Derivatives, limited to interest rate futures, are used solely for hedging portfolio risks. In selecting securities, the fund employs a research-driven process that integrates top-down and bottom-up analysis, combining fundamentals, valuations, market technical indicators, and quantitative models. Cash and other fixed-income securities may also be held. ### What is the expense ratio of JABS? Janus Detroit Street Trust - Janus Henderson Asset-Backed Securities ETF (JABS) charges an expense ratio of 0.34%. This is the annual fee deducted from fund assets to cover management and operations. ### What is JABS's dividend yield? JABS's trailing-twelve-month yield is 4.87%, calculated from the sum of dividends over the past year divided by the current price. ### What is the duration of JABS? Effective duration measures JABS's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. JABS's current duration is published on the fund's factsheet on the issuer's website. ### What is the credit quality of JABS? JABS'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 JABS? Yield to maturity (YTM) is the total return you'd earn from JABS if every bond in the portfolio is held to maturity at the current price. JABS'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 JABS pay a dividend? Yes, Janus Detroit Street Trust - Janus Henderson Asset-Backed Securities ETF (JABS) distributes dividends to shareholders. The trailing-twelve-month yield is 4.87%. Full dividend history is on this page. ### How often does JABS pay dividends? Janus Detroit Street Trust - Janus Henderson Asset-Backed Securities 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 JABS's next ex-dividend date? The most recently announced ex-dividend date for JABS 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 JABS's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.34% 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 JABS charge its expense ratio? The expense ratio is deducted in tiny daily slices from JABS'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 JABS cost more than a fund like VOO? JABS is actively managed (current expense ratio 0.34%). 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 JABS's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to JABS? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as JABS (0.34%) 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/jabs - Distribution history: https://www.dividenddata.com/funds/jabs/dividend - Holdings & diversification: https://www.dividenddata.com/funds/jabs/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/jabs/expenses - Peer comparison: https://www.dividenddata.com/funds/jabs/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.