Janus Henderson Short Duration Income ETF

Frequently Asked Questions About VNLA

What does VNLA invest in?

This fund typically allocates a minimum of 80% of its net assets to a diverse collection of fixed-income securities with various maturity dates. It has the option to commit up to 20% of its capital to asset-backed securities, which must meet investment-grade standards or be assessed as having similar credit quality by the Adviser. The average duration of the portfolio is generally intended to stay within zero to two years of its benchmark index.

What is the expense ratio of VNLA?

Janus Henderson Short Duration Income ETF (VNLA) charges an expense ratio of 0.25%. This is the annual fee deducted from fund assets to cover management and operations.

What is VNLA's dividend yield?

VNLA's trailing-twelve-month yield is 4.71%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of VNLA?

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

What is the credit quality of VNLA?

VNLA'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 VNLA?

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