Janus Detroit Street Trust Janus Henderson AAA CLO ETF (JAAA)
| Assets | $16.52B |
| Expense Ratio | 0.21% |
| PE Ratio | n/a |
| Shares Out | 325.10M |
| Dividend (ttm) | $3.24 |
| Dividend Yield | 6.36% |
| Ex-Dividend Date | Dec 2, 2024 |
| Payout Ratio | n/a |
| 1-Year Return | +0.79% |
| Volume | 4,651,437 |
| Open | 50.84 |
| Previous Close | 50.80 |
| Day's Range | 50.78 - 50.84 |
| 52-Week Low | 49.87 |
| 52-Week High | 50.99 |
| Beta | 0.03 |
| Holdings | 436 |
| Inception Date | Oct 16, 2020 |
About JAAA
Fund Home PageThe Janus Detroit Street Trust Janus Henderson AAA CLO ETF (JAAA) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund seeks to provide current income by actively selecting investment-grade floating rate collateralized loan obligations (CLO) securities of various maturities from issuers around the globe. JAAA was launched on Oct 16, 2020 and is issued by Janus Henderson.
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 2, 2024 | $0.281 | Dec 6, 2024 |
| Nov 1, 2024 | $0.253 | Nov 7, 2024 |
| Oct 1, 2024 | $0.273 | Oct 7, 2024 |
| Sep 3, 2024 | $0.279 | Sep 9, 2024 |
| Aug 1, 2024 | $0.264 | Aug 7, 2024 |
| Jul 1, 2024 | $0.277 | Jul 8, 2024 |
News
Three Buys In This Fed-Fueled Sell Off
The Fed's revised guidance for only two rate cuts in 2025 caused market panic, despite a current rate cut to 4.25-4.5%. Floating rate instruments like CLOs remain attractive due to their high-yield an...
I'm Seeking Up To 8% Yields For My Cash, Here Are My 3 Favorite ETFs
As clients inquire about next year's income, I recommend three favorite income funds to include in their portfolios. These funds are designed to generate reliable income and are primarily non-equity b...
The Largest Bond ETFs Are Good, But These ETFs Are Better
The largest bond ETFs are almost exclusively index funds focusing on the broader bond market, or on specific bond sub-asset classes. These ETFs are reasonable investments, but investors can do much be...
5 ETFs To Retire With In 2025
This article covers a five-ETF portfolio built to replace and beat out a traditional 60/40. This portfolio could be built by a DIY investor with ease. It would be simple to monitor and rebalance. The ...
Meet A Retirement Portfolio That Works Like An Annuity
Annuities offer guaranteed protection and income, but ETFs can mimic these benefits with more liquidity and fewer fees, though no investment is risk-free. Innovator's ETFs provide 100% downside protec...
CLO ETFs: Resilient in the Face of Lower Rates?
Two years ago, the Federal Reserve's rate-hiking campaign ushered in a wave of interest in CLOs. Sticky inflation and higher-for-longer rates drove investors to seek refuge in high-quality, floating-r...
High Yield, Low Risk - How JAAA Yields 6.5% With AAA-Rated Paper
Janus Henderson AAA CLO ETF offers a yield of 6.5% by investing in AAA-rated CLOs. CLOs have a stigma due to their association with subprime CDOs, but AAA-rated CLOs like JAAA have proven remarkably r...
JAAA: Biggest And Best AAA CLO ETF Despite Many New Active Ones Recently Issued
2024 has seen a record-breaking launch of over 300 actively managed ETFs, spurred by the SEC's 2019 Rule 6c-11. Janus Henderson AAA CLO ETF, a top-performing AAA-rated collateralized loan obligation E...
Breakeven Federal Reserve Cuts For Short-Term And Variable Rate ETFs
Federal Reserve cuts will lead to lower dividend yields on ultra short-term and variable rate investments. Most of these trade with healthy spreads to comparable fixed-rate bonds. Breakevens vary thou...
CLO Debt ETFs Or CLO Equity CEFs: Which Are Best For Income Investors And Retirees
CLOs have several tranches. Equity tranches are the riskiest ones, but also have the highest yields, and strongest potential returns. Debt tranches are safer and lower-yielding, some significantly so,...
CLOs In The Current Market Selloff
Equities are down, due to bearish sentiment, mediocre economic news, and the unwinding of the Japanese carry trade. High-yield bonds and senior loans are seeing some pain too, albeit much reduced. CLO...
Most Undervalued Asset Classes, Equity Industries, Segments, And Regions - 2H2024
Undervalued industries, regions, and equity market segments offer investors the potential for strong, market-beating returns. There are ETFs tracking most of these. An overview of the cheapest sectors...
Is CLO Outperformance Set To Continue?
CLO ETF performance has been outstanding these past few years. Most have seen below-average drawdowns, significant dividend growth, and massive outperformance with above-average yields. Yields range f...
Picks And Themes In The CLO Sector
CLOs remain very popular investment vehicles and have seen sizable inflows recently, judging by the AUM of open-end funds. We highlight some of the dynamics and key themes in the CLO market that can h...
JAAA: A Defensive Play To Consider Amid Rising Market Volatility
The Janus Henderson AAA CLO ETF is a low-duration asset with the necessary attributes to protect against rising market volatility. JAAA ETF invests in investment-grade collateralized loan obligations,...
3 Bank Funds To Buy For Your Retirement Income
The financial sector is still out of favor due to rate shock, income is pouring into the willings' coffers. You can invest in banks, bank-like institutions, or both. Don't neglect this sector. Lower r...
JAAA: High Yield, Low Duration Make It An Attractive Option
Janus Henderson AAA CLO ETF has seen a significant increase in AUM to $10.25B since the beginning of 2022. JAAA's holdings consist of 369 AAA CLO tranches with a weighted average maturity of 3.99 year...
Janus Henderson's Kerschner on AAA CLO ETF (JAAA)
When interests rates go up the Janus Henderson AAA CLO ETF (Ticker: JAAA) does well and the ETF has hit $10B since its October 2020 launch. Janus Henderson Head of Securitized Products John Kerschner ...
JAAA: The Train Already Left The Station
Janus Henderson AAA CLO ETF offers exposure to high-quality Collateralized Loan Obligation debt instruments with a focus on triple-A rated quality. JAAA provides a high level of dividend income, makin...
U.S. Weekly FundFlows Insight Report: Fixed Income ETFs Record Largest Inflow In Over Five Years, Adding $9.4 Billion
After seeing their third-largest weekly outflow on record, money markets have recorded three straight weeks of inflows. Mixed-assets funds was the only group to suffer outflows. Spot bitcoin ETFs saw ...
JAAA: Remain A Buy On Fed Pause
The Janus Henderson AAA CLO ETF provides retail investors access to high-quality AAA-debt tranches of Collateralized Loan Obligations (CLOs). JAAA has performed better than expected, returning 8.5% si...
3 Reasons CLO ETFs Are A Buy, Even If The Fed Cuts
CLO ETFs offer investors strong yields with little credit or interest rate risk. These are variable rate ETFs, and should see declining dividends as the Fed cuts rates. I still think they are buys, fo...
3 ETFs For Short-Term Risk-Averse Investors
With prices, valuations, and inflation elevated, some investors are looking for comparatively safe, high-quality investments. T-bills, short-term TIPs, and AAA-rated CLOs are three of the best investm...
JAAA Remains A Strong Income Fund, Even As Rate Cuts Loom
JAAA focuses on AAA-rated CLO tranches. It offers investors a good 6.2% yield and has outperformed bond peers since inception at very low risk. Yields should drop as the Fed cuts rates, but these seem...
JAAA Vs. JBBB: Opting For Positive Duration And High Quality
Sustained core inflation suggests an interest rate pivot isn't a given. However, we think the probability of a mid-to-late 2024 pivot remains high.