Morningstar

Janus Henderson AAA CLO ETF JAAA

Morningstar Medalist Rating
Medalist Rating as of | See Janus Henderson Investment Hub

Morningstar’s Analysis JAAA

Will JAAA outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable JAAA’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the JAAA management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of JAAA’s parent organization’s priorities and whether they’re in line with investors’ interests.

Experienced leadership and disciplined execution in AAA CLOs.

Principal Paul Olmsted

Paul Olmsted

Principal

Summary

Janus Henderson AAA CLO ETF continues to be a leader among a handful of newer collateralized loan obligation-focused offerings. Its growth to more than USD 25 billion is about 3 times the size of its next-largest competitor, placing it among the largest actively managed fixed-income exchange-traded funds. Janus’ experienced, securitized-focused managers and a solid due diligence process drive this strategy’s success.

by Paul Olmsted
Rated on Published on

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Portfolio Holdings JAAA

More JAAA Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 6.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Us Dollar

1.49 438M
Cash and Equivalents

KKR CLO 24 LTD 0%

0.84 249M
Securitized

AB BSL CLO 1 LTD 0%

0.78 229M
Securitized

Anchorage Capital Clo 16 Ltd. 0%

0.72 212M
Securitized

Palmer Square CLO 2018-2 Ltd 0%

0.68 200M
Securitized

Ares Lv Clo Ltd / Ares Lv Clo Llc 0%

0.67 197M
Securitized

CARLYLE US CLO 2021-8 LTD 0%

0.62 182M
Securitized

WISE CLO 2024-1 LT 0%

0.61 180M
Securitized

OAKTREE CLO 2019-2 LTD 0%

0.60 175M
Securitized

REGATTA FUNDING LTD 2022-19 0%

0.59 175M
Securitized

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