Janus Henderson B-BBB CLO ETF
$47.21−0.02 (−0.04%)
- 0.47%
- $1.5B
- +5.2%
- 6.30%
- 0.4M sh
- $47.33
- low $46.42high $48.30
The ETF.net JBBB Grade
C
Score 42 out of 100
- 23 of 34
Score 42 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.D27 out of 100Rank 24 of 34Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.D29 out of 100Rank 27 of 33Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.B62 out of 100Rank 10 of 34Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.B59 out of 100Rank 17 of 34Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A89 out of 100Rank 3 of 34
Our read on JBBB
CMost CLO ETFs stop at AAA. JBBB deliberately goes down the stack to BBB+ through B- tranches: floating-rate income with real credit risk attached, from the same Janus Henderson shop that runs its AAA sibling.
The fund seeks capital preservation and current income through floating-rate exposure to collateralized loan obligations generally rated from BBB+ through B-.
Why people hold it
- The mezzanine option in a shelf full of AAA funds. While category leaders JAAA, CLOA and PAAA buy top-of-stack paper, JBBB targets CLOs rated BBB+ through B-.janushenderson.com
- CLO coupons float with short-term rates, so interest-rate duration is minimal. Stated goals are capital preservation and current income, and it pays monthly.
- Spread across roughly 220 positions inside a multi-billion-dollar, moderately traded fund, running as a standard 1940 Act ETF since January 2022.
Worth knowing
- 0.47% a year, close to double the 0.25% median for CLO funds and the roughly 0.20% the large AAA rivals charge.
- BBB+ to B- tranches sit further down the credit ladder than the AAA paper most peers hold. More credit risk is the point, not an accident.
- Floating rate cuts both ways: as short-term rates move lower, the coupons the portfolio collects reset lower with them.
JBBB Holdings
- Bonds
- 289
- 20%
- FX Forward|USD|11/04/2026
Sectors
- Financials100.0%
Geography
- United States100.00%
JBBB Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.Not enough history yet.
JBBB$10,522
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | JBBB |
|---|---|
| Year to date | +3.6% |
| 1 month | +0.3% |
| 3 months | +1.1% |
| 1 year | +5.2% |
| 3 years | +7.5% |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | JBBB |
|---|---|---|
| 2026 YTD | +3.6% | |
| 2025 | +4.4% | |
| 2024 | +10.7% | |
| 2023 | +16.9% | |
| 2022 | −6.6% |
JBBB in the news
JBBB Dividends
- 6.30%
- $2.97
- $0.25 per share
- Monthly
Distribution history
JBBB Risk
- 2.9%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.99
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −10.8%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.10
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
JBBB Cost
0.47%
JBBB0.47%
- The middle half of Collateralized Loan Obligations (CLO) funds
- Median 0.29%
25 of the 34 Collateralized Loan Obligations (CLO) funds charge less.
Other funds in Collateralized Loan Obligations (CLO)
- CFCLOFidelity CLO ETFExpense ratio 0.45%1 year return —
- CAAADPGIM AAA CLO Aggregate Duration ETFExpense ratio 0.19%1 year return —
- DCLOZEldridge BBB-B CLO ETFExpense ratio 0.50%1 year return +6.0%
- DBCLOiShares BBB-B CLO Active ETFExpense ratio 0.45%1 year return +6.2%
- DDSCODoubleLine Securitized Credit ETFExpense ratio 0.50%1 year return —