JBBB

Janus Henderson B-BBB CLO ETF
*Unless otherwise stated, data provided by FactSet.

JBBB Fund Description

JBBB is an actively managed fund of floating-rate collateralized loan obligations (CLOs) of varying maturities, rated between BBB+ and B- from global issuers.

JBBB Factset Analytics Insight

JBBB seeks to provide capital preservation and current income by investing in floating-rate collateralized loan obligations (CLOs) of any maturity. The fund will primarily be composed of CLOs rated between BBB+ and B-, with up to 15% in below investment grade (BB+ or lower) loans, and up to 10% in CLOs (or ETFs which provide exposure to CLOs) rated above BBB+. It is important to note this fund’s specific credit range, as it will increase credit risk and liquidity risk relative to more senior CLO tranches. JBBB will generally invest in USD denominated CLOs, but may invest up to 30% in those denominated in foreign currencies. The portfolio managers have full discretion with regards to the daily management of the fund, and will utilize a “bottom-up” approach in selecting securities to buy and sell. The fund also limits each CLO to 5% of the fund, and will hedge any foreign currency exposure.

PERFORMANCE [as of 01/13/22] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
JBBB -- -- -- -- -- -- --
JBBB (NAV) -- -- -- -- -- -- --
No Underlying Index -- -- -- -- -- -- --
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All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

JBBB Summary Data

01/11/22
Open-Ended Fund
0.49%
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$26.53M
0.09%
N/A

JBBB Portfolio Data

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JBBB Index Data

No Underlying Index
Proprietary
Proprietary
N/A

JBBB Portfolio Management

0.49%
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JBBB Tax Exposures

20.00% / 39.60%
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Qualified dividends
No

JBBB Fund Structure

Open-Ended Fund
No
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Low
N/A

JBBB Factset Analytics Block Liquidity

As of 01/14/22
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of JBBB. JBBB is rated a N/A out of 5.

JBBB Tradability

529,456
$26.53M
529,456
$26.53M
0.09%
$0.05
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None
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N/A

JBBB Performance Statistics

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JBBB Holdings Statistics

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JBBB Avg Life Maturity Distribution

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JBBB OAS Breakdown

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Options Strategies for Outcome Investing

A collar strategy is a protective option strategy constructed by writing a call and buying a put with the same expiration date while being long the underlying security.