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Morningstar

Janus Henderson Mortgage-Backed Sec ETF JMBS

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

Morningstar’s Analysis JMBS

Will JMBS outperform in 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 JMBS’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the JMBS 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 JMBS’s parent organization’s priorities and whether they’re in line with investors’ interests.

More than a sprinkle of nongovernment debt.

Analyst Chiayi Tsui

Chiayi Tsui

Analyst

Summary

Janus Henderson Mortgage-Backed Securities ETF JMBS embraces the opportunity to generate alpha through active management, but its sometimes outsize exposure to nongovernment debt relative to peers warrants caution. It receives a Morningstar Analyst Rating of Neutral.

by Chiayi Tsui
Rated on Published on

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Portfolio Holdings JMBS

More JMBS Holdings
  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 525
  • Other Holdings 3
  • % Assets in Top 10 Holdings 17.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Federal National Mortgage Association 2.5%

21.83
683,085,914
Securitized

Federal National Mortgage Association 2%

7.77
243,151,630
Securitized

Federal National Mortgage Association 3%

7.51
235,140,628
Securitized

Government National Mortgage Association 3%

3.36
105,300,283
Securitized

Fnma Pass-Thru I 6.5%

2.61
81,689,828
Securitized

Federal National Mortgage Association 3.5%

2.61
81,543,323
Securitized

Fnma Pass-Thru I 4%

2.39
74,679,878
Securitized

Government National Mortgage Association 4.5%

2.32
72,617,443
Securitized

Government National Mortgage Association 4%

2.24
70,096,671
Securitized

Janus Henders Cash Liqudity Fund

2.15
67,220,945
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