Janus Henderson AAA CLO ETF
Key Statistics
Historical Performance
Total return including reinvested distributions, from adjusted closing prices.
Price History
Price history is being compiled for this fund.
Top Holdings
Top 25 holdings as of Apr 30, 2026 · source: SEC N-PORT. Full holdings & prospectus →
About JAAA
TheFund pursues its investment objective by investing, under normal circumstances, at least 90% of its net assets (plus any borrowings madefor investment purposes) in CLOs of any maturity that are rated AAA (or equivalent by a nationally recognized statistical rating organization(“NRSRO”)) at the time of purchase, or if unrated, determined to be of comparable credit quality by the Adviser. For purposesof the Fund’s investment policies, CLOs are floating- or fixed-rate debt securities issued in different tranches, with varyingdegrees of risk, by a trust or other special purpose vehicle and backed by an underlying portfolio consisting primarily of below investmentgrade corporate loans. Such loans may include domestic and foreign senior secured loans, senior unsecured loans and subordinate corporateloans, which may individually be rated below investment grade or the equivalent if unrated. The underlying loans are selected by a CLO’smanager. Under normal market conditions, the Fund will seek to maintain a minimum of 80% of its portfolio in AAA-rated CLOs. After purchase,a CLO may have its rating reduced below the minimum rating required by the Fund for purchase. In such cases, the Fund willconsiderwhether to continue to hold the CLO. The Fund may temporarily deviate from the 80% policy while deploying new capital as the result ofcash creation or redemption activity, or during unusual market conditions, or highly unusual market conditions such as a downgrade inthe rating of one or more CLOs. TheFund may invest its remaining assets in other high-quality CLOs with a minimum rating of A- at the time of purchase or if unrated, determinedto be of comparable credit quality by the Adviser. No CLO, at the time of purchase by the Fund, will have a rating that is below A- (orequivalent by an NRSRO). An NRSRO is a credit rating agency that is registered with the Securities and Exchange Commission (“SEC”)that issues credit ratings that the SEC permits other financial firms to use for certain regulatory purposes. TheFund will only invest in CLOs with a minimum initial total offering size of $250 million and minimum initial senior AAA tranche sizeof $100 million. TheFund will invest primarily in CLOs that are U.S. dollar denominated. However, the Fund may from time to time invest up to 30% of itsnet assets in CLOs that are denominated in foreign currencies. To the extent the Fund invests in non-U.S. dollar denominated securities,it will seek to hedge its exposure to foreign currency to U.S. dollars, as described more fully below. TheFund may purchase CLOs both in the primary and secondary markets. TheFund will not invest more than 5% of its portfolio in any single CLO, and will not invest more than 15% of its portfolio in CLOs managedby a single CLO manager. TheFund will limit its investment in fixed-rate CLOs to a maximum of 10% of its net assets. The Fund may invest in derivatives. Derivatives are instruments that have a value derived from, or directly linked to, an underlying referenceasset, such as fixed-income securities, interest rates, currencies, or market indices. The Fund's use of derivatives will be limited to(i) currency forward contracts or futures contracts to hedge any foreign currency exposure back to the U.S. dollar, (ii) interest rateswaps or interest rate futures to hedge exposure in fixed-rate CLOs to a floating-rate, in accordance with the Fund's investment objective,and (iii) total return swaps in accordance with the Fund's investment objective. The Fund will limit total return swaps to no more than10% of its net assets valued at notional value. Derivatives will not be used for any other purposes. Portfoliomanagement applies a “bottom up” approach to selecting investments to purchase and sell. This means that portfolio managementlooks at securities one at a time to determine if a security is an attractive investment opportunity and if it is consistent with theFund’s investment policies. Portfoliomanagement’s analysis with respect to security selection includes due diligence of CLO managers to discern each manager’sinvestment process, credit sector analysis, risk appetite, approach to risk management, and corporate governance. Additional factors,such as the CLO manager’s tenure and track record in the CLO market, issuance record and secondary market trading frequency, assistin portfolio management’s analysis of both quality and liquidity. Under normal circumstances, the Fund will generally sell or disposeof its portfolio investments to take advantage of mispricing in the secondary market or when, in the opinion of the Adviser, the initialinvestment thesis changes with respect to a particular security or CLO manager, including as the result of changing market conditions. TheFund is “actively-managed” and, thus, does not seek to replicate the performance of a specified index. Accordingly, portfoliomanagement has discretion on a daily basis to manage the Fund’s portfolio in accordance with the Fund’s investment objective.
JAAA News
- Janus Henderson’s AAA CLO ETF (JAAA), the World’s Largest CLO ETF, Surpasses $30 Billion in Assets Under Management
- Ocean Park Asset Management LLC Has $5.57 Million Holdings in Janus Henderson AAA CLO ETF $JAAA
- Wealthcare Advisory Partners LLC Reduces Stock Holdings in Janus Henderson AAA CLO ETF $JAAA
- Investors poured $2.3 billion into this riskier corner of the bond market in July
- Responsive Playbooks and the JAAA Inflection
- Janus Henderson AAA CLO ETF $JAAA Position Increased by Herbst Group LLC
- Breakwater Capital Group Buys 49,707 Shares of Janus Henderson AAA CLO ETF $JAAA
- Next big push in ETF industry? Why these risk assets are gaining traction as interest rate uncertainty persists
- Your 5% CD Is Gone and the Bank’s Renewal Offer Is Insulting. These 3 ETFs Keep Paying After the Fed Stops
- Your 5% CD Is Gone and the Bank’s Renewal Offer Is Insulting. These 3 ETFs Keep Paying After the Fed Stops
- Scoop up more yield amid Fed rate uncertainty with these portfolio tweaks
- Understanding the Setup: (JAAA) and Scalable Risk
Data for JAAA is aggregated from third-party providers (Tiingo, Nasdaq, Finnhub) and SEC filings, may be delayed at least 20 minutes, and may be incomplete or contain errors. Nothing here is investment advice. Verify with the official prospectus before investing.