Janus Henderson (NYSE:JHG) today announced it has launched the Janus Henderson Income ETF (Ticker: JIII).
The new ETF seeks high current income with a secondary focus on capital appreciation. The Fund pursues its investment objective by primarily investing across fixed income sectors in a portfolio of US and non-US debt securities of varying maturities that the investment team believes have high relative income potential. Janus Henderson's research expertise across corporate credit, securitized credit, and emerging market debt research provides the foundation for security selection within the portfolio.
The Fund is managed by Portfolio Managers John Kerschner, CFA, and John Lloyd. They are supported by the full resources of the Janus Henderson fixed income team, including credit research, securitized research, quantitative research, trading, and risk management. Mr. Kerschner and Mr. Lloyd have a successful track record in managing portfolios across fixed income sectors together over the past 10 years.
The investment team believes the Fund's overall volatility may be reduced by investing in multiple sectors that have lower correlation to each other.
John Kerschner, Head of U.S. Securitized Products and Portfolio Manager at Janus Henderson, said: "We believe the income solution space will be one of the fastest growing active ETF opportunities over the next five years. The launch of JIII demonstrates the expansion of our robust active fixed income ETF product offerings designed to meet client needs."
John Lloyd, Lead, Multi-Sector Credit Strategies and Portfolio Manager at Janus Henderson, said: "Our goal is to create a portfolio across all fixed income sectors, aiming to build a portfolio of best ideas across fixed income sectors, striving for higher yields than those of standard core-plus portfolios and greater diversification than single-sector, high-yield strategies."
Janus Henderson has been at the forefront of active fixed income ETF innovation and offers a number of pioneering fixed income ETFs. These include JAAA, the largest CLO ETF1, JBBB, the second largest CLO ETF2 which provides exposure to floating-rate CLOs generally rated BBB, JSI, which invests in opportunities across the U.S. securitized markets, JMBS, the largest actively managed mortgage-backed securities ETF3, VNLA, an active global short duration income ETF, JLQD, a corporate bond ETF, and JEMB, an emerging markets debt hard currency ETF. Janus Henderson is the fourth largest active fixed income ETF provider globally.4 The firm won Global Capital's inaugural CLO ETF Provider of the Year award in 2024.5
1 Source: Morningstar as of September 30, 2024
2 Source: Morningstar as of September 30, 2024
3 Source: Morningstar as of September 30, 2024
4 Source: Morningstar as of September 30, 2024
5 The CLO ETF Provider of the Year is chosen at Global Capital's discretion and is based on a process that includes both self-submitted applications and independent research conducted by the awarding body. Global Capital evaluates organizations based on their involvement in innovative or complex transactions, execution quality and structuring, business growth and advancement, and the extent of their securitization capabilities.
Notes to editors
About Janus Henderson
Janus Henderson Group is a leading global active asset manager dedicated to helping clients define and achieve superior financial outcomes through differentiated insights, disciplined investments, and world-class service. As of September 30, 2024, Janus Henderson had approximately US$382.3 billion in assets under management, more than 2,000 employees, and offices in 24 cities worldwide. The firm helps millions of people globally invest in a brighter future together. Headquartered in London, Janus Henderson is listed on the New York Stock Exchange.
Source: Janus Henderson Group plc
Please consider the charges, risks, expenses, and investment objectives carefully before investing. For a prospectus or, if available, a summary prospectus containing this and other information, please call Janus Henderson at 800.668.0434 or download the file from janushenderson.com/info. Read it carefully before you invest or send money.
Past performance is no guarantee of future results.
Investing involves risk, including the possible loss of principal and fluctuation of value. There is no assurance the stated objective(s) will be met.
Fixed income securities are subject to interest rate, inflation, credit and default risk. The bond market is volatile. As interest rates rise, bond prices usually fall, and vice versa. The return of principal is not guaranteed, and prices may decline if an issuer fails to make timely payments or its credit strength weakens.
High-yield or "junk" bonds involve a greater risk of default and price volatility and can experience sudden and sharp price swings.
Bank loans often involve borrowers with low credit ratings whose financial conditions are troubled or uncertain, including companies that are highly leveraged or in bankruptcy proceedings.
Securitized products, such as mortgage- and asset-backed securities, are more sensitive to interest rate changes, have extension and prepayment risk, and are subject to more credit, valuation and liquidity risk than other fixed-income securities.
Collateralized Loan Obligations (CLOs) are debt securities issued in different tranches, with varying degrees of risk, and backed by an underlying portfolio consisting primarily of below investment grade corporate loans. The return of principal is not guaranteed, and prices may decline if payments are not made timely or credit strength weakens. CLOs are subject to liquidity risk, interest rate risk, credit risk, call risk and the risk of default of the underlying assets.
Janus Henderson Investors US LLC is the investment adviser and ALPS Distributors, Inc. is the distributor. ALPS is not affiliated with Janus Henderson or any of its subsidiaries.
Janus Henderson is a trademark of Janus Henderson Group plc or one of its subsidiaries. © Janus Henderson Group plc.
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