Janus Henderson Mortgage-Backed Securities ETF

Frequently Asked Questions About JMBS

What does JMBS invest in?

The Janus Henderson Mortgage-Backed Securities ETF (JMBS) is designed to achieve its investment goals by concentrating its holdings primarily in debt securities linked to mortgages. Typically, under ordinary market circumstances, the fund dedicates a substantial portion—at least 80%, and often nearly all—of its total investable capital (which includes any funds borrowed for investment purposes) to a diverse portfolio of mortgage-backed fixed-income instruments, spanning a variety of maturity dates. Furthermore, the fund has the option to employ derivatives as part of its strategy.

What is the expense ratio of JMBS?

Janus Henderson Mortgage-Backed Securities ETF (JMBS) charges an expense ratio of 0.21%. This is the annual fee deducted from fund assets to cover management and operations.

What is JMBS's dividend yield?

JMBS's trailing-twelve-month yield is 5.44%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of JMBS?

Effective duration measures JMBS's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. JMBS's current duration is published on the fund's factsheet on the issuer's website.

What is the credit quality of JMBS?

JMBS'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 JMBS?

Yield to maturity (YTM) is the total return you'd earn from JMBS if every bond in the portfolio is held to maturity at the current price. JMBS'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.