JMBS – Janus Henderson Mortgage-Backed Sec ETF – ETF Investment Strategy | Morningstar

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Strategy

The investment seeks a high level of total return consisting of income and capital appreciation. The fund seeks to achieve its investment objective by investing mainly in mortgage-related instruments. Under normal circumstances, it will invest at least 80%, and often times substantially all, of its net assets (plus any borrowings for investment purposes) in a portfolio of mortgage-related fixed income instruments of varying maturities. Additionally, the fund may invest in derivatives.

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
JMBS	Janus Henderson Mortgage-Backed Securities ETF	ETF	Open			Sep 12, 2018	$6.28B	0.210%	—	—	$365.62M

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