JABS – Janus Henderson Asset-Backed Secs ETF – ETF Investment Strategy | Morningstar

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Strategy

The investment seeks current income with a focus on preservation of capital. The fund pursues its investment objective by investing, under normal circumstances, at least 80% of its net assets (plus borrowings for investment purposes) in asset-backed securities (“ABS”). Asset-backed securities are debt securities that entitle their holders to payments that depend primarily on the assets underlying the securities. The fund is non-diversified.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
JABS	Janus Henderson Asset-Backed Securities ETF	ETF	Open	—		Jul 22, 2025	$173.65M	0.330%	—	—	$43.13M

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