Janus Henderson B-BBB CLO ETF (JBBB)
| Assets | $1.41B |
| Expense Ratio | 0.49% |
| PE Ratio | n/a |
| Shares Out | 28.65M |
| Dividend (ttm) | $3.76 |
| Dividend Yield | 7.62% |
| Ex-Dividend Date | Dec 2, 2024 |
| Payout Ratio | n/a |
| 1-Year Return | +2.51% |
| Volume | 377,013 |
| Open | 49.31 |
| Previous Close | 49.28 |
| Day's Range | 49.29 - 49.38 |
| 52-Week Low | 47.87 |
| 52-Week High | 49.49 |
| Beta | 0.18 |
| Holdings | 278 |
| Inception Date | Jan 11, 2022 |
About JBBB
Fund Home PageThe Janus Henderson B-BBB CLO ETF (JBBB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund of floating-rate collateralized loan obligations (CLOs) of varying maturities, rated between BBB+ and B- from global issuers. JBBB was launched on Jan 11, 2022 and is issued by Janus Henderson.
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 2, 2024 | $0.317 | Dec 6, 2024 |
| Nov 1, 2024 | $0.312 | Nov 7, 2024 |
| Oct 1, 2024 | $0.351 | Oct 7, 2024 |
| Sep 3, 2024 | $0.370 | Sep 9, 2024 |
| Aug 1, 2024 | $0.326 | Aug 7, 2024 |
| Jul 1, 2024 | $0.275 | 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...
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 ...
JBBB: Perceived Risk Is Overblown
Janus Henderson B-BBB CLO ETF offers a high dividend yield of 7.7%, making it a reliable income source, especially in a low-return market environment. The ETF's diverse portfolio of B to BBB rated CLO...
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,...
JBBB: Time For A Pause?
The JBBB ETF gives investors access to BBB-B rated CLO debt tranches. The JBBB ETF has benefited from credit spreads collapsing to cycle-lows, driving strong performance in the last few months despite...
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...
JBBB: Balancing Risk Vs. Reward
It is prudent to consider risk management in high-yield investments during a potential market correction. JBBB offers lower risk CLO investment with 7.8% yield, suitable for a cash-like alternative. C...
JBBB Vs. CLOZ: Which High-Yield CLO ETF Is Best For Income Investors?
JAAA and JBBB are both actively-managed ETFs investing in senior loan CLO tranches. JBBB focuses on BBB-rated tranches, CLOZ an even mix of BBB and BB. Both funds are broadly similar, with strong yiel...
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 Investment-Grade ETF Buys, With Yields Up To 8.0%
Investment-grade bonds offer investors strong yields with low credit risk. A couple of ETFs offer exposure to these securities with some added benefits, including potential tax advantages and above-av...
JBBB: 2 Reasons We're Avoiding This 8.1% Yield B-BBB CLO ETF
The Janus Henderson B-BBB CLO ETF offers exposure to U.S. collateralized loan obligations within the category of securitized fixed income securities. The fund has a distribution yield of 8.1% and has ...
JBBB: A Good Fund To Pair Against Bonds
Collateralized loan obligations, or CLOs, are complex financial instruments consisting of a pool of loans, offering a way to invest in corporate debt with a mechanism to mitigate interest rate risk. T...
9-11% Yielding Floating-Rate Securities For A Slow-Go Fed
The consensus is turning against floating-rate securities but a move away from them is much too soon in our view. Recent data, such as strong payrolls and increased average hourly earnings, suggests t...
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.
Higher-Yield ETFs By Asset Class
ETFs offer investors diversified exposure to different asset classes, including U.S. and international equities, fixed-rate and variable rate bonds. Within each market sub-segment some ETFs offer part...
Juan's Top Dividend ETFs For 2024
On Seeking Alpha, I focus on dividend ETFs targeted towards income investors and retirees. Dividend ETFs focusing on bonds and fixed-income securities have seen significant dividend growth these past ...
JBBB: BBB CLO ETF, Growing 8.1% Yield, Strong Risk-Adjusted Returns
JBBB invests in CLO tranches of senior secured loans, focusing on BBB tranches. The fund yields 7.9% with below-average credit risk, a strong value proposition and risk-return profile. The fund has be...
JAAA & JBBB: Why I'm Still Favoring Quality Credit
The Janus Henderson CLO ETFs offer investors opportunities to invest in higher spread, lower risk loans. Rising default rates are affecting credit differently across the board, and CLOs show strength ...
The Best Floating Rate Funds For Income Investors And Retirees
Floating rate securities have strong yields, low duration, and have significantly outperformed YTD. There are several strong floating rate funds available to investors. Credit risk varies, but there a...
JBBB: Leveraged Play On Bank Loans
The Janus Henderson BBB CLO ETF provides exposure to floating-rate CLO tranches rated from B to BBB. CLOs have historically had better credit performance than similarly rated corporate bonds, but with...
Senior Loans Or CLO Debt, Which Is Best For Income Investors And Retirees?
Federal Reserve hikes have led to strong dividend growth in most variable rate securities and funds. Two of these are senior loans and CLO debt tranches. A look at the similarities, and differences, b...
The Best 3 CLO ETFs For Income Investors And Retirees
Collateralized loan obligations, or CLOs, offer investors good growing dividends and low interest rate risk. Their performance since inception has been outstanding, if somewhat short. A quick look at ...