---
ticker: "JIII"
name: "Janus Henderson Income ETF"
url: "https://etf.net/etf/JIII"
grade: "C"
score: 47
graded_at: "2026-10-12"
category: "US Aggregate Bond"
category_rank: "90 of 117"
methodology: "https://etf.net/methodology"
---

# JIII: Janus Henderson Income ETF

Grade **C**, Score 47 of 100. Rank 90 of 117 in US Aggregate Bond.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 14 | 97 of 117 |
| Mission | 80 | 84 of 101 |
| Risk | 84 | 6 of 116 |
| Tradability | 34 | 91 of 117 |
| Holdings | 34 | 97 of 116 |
| Durability | 41 | 79 of 117 |

## Top holdings

The fund holds 537 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | — | FX Forward\|USD\|11/04/2026 | 12.48% |
| 2 | — | UMBS TBA 30yr 5.5% November Delivery, 5.50%, 11/12/26 | 4.15% |
| 3 | JSI | Janus Henderson Securitized Income ETF | 4.01% |
| 4 | JEMB | Janus Henderson Emerging Markets Debt Hard Currency ETF | 3.65% |
| 5 | JBBB | Janus Henderson B-BBB CLO ETF | 2.68% |
| 6 | — | UMBS TBA 30yr 5% November Delivery, 5.00%, 11/12/26 | 2.65% |
| 7 | — | UMBS TBA 30yr 4.5% November Delivery, 4.50%, 11/12/26 | 2.42% |
| 8 | — | UMBS TBA 30yr 3.5% November Delivery, 3.50%, 11/12/26 | 2.35% |
| 9 | — | UMBS TBA 30yr 3% November Delivery, 3.00%, 11/12/26 | 2.35% |
| 10 | — | UMBS TBA 30yr 6% November Delivery, 6.00%, 11/12/26 | 1.87% |
| 11 | — | Segregated Cash | 1.16% |
| 12 | — | UMBS TBA 30yr 4% November Delivery, 4.00%, 11/12/26 | 1.08% |
| 13 | — | GNMA II TBA 30yr 3.5% October Delivery, 3.50%, 10/20/26 | 1.04% |
| 14 | — | Structured Agency Credit Risk (STACR) Debt Notes, Series 2021-HQA4 B2 10.69029% 25-DEC-2041, 10.69%, | 0.61% |
| 15 | — | Connecticut Avenue Securities Trust 2022-R02 2B2 11.34029% 25-JAN-2042, 11.34%, 01/25/42 | 0.56% |
| 16 | — | ITT Holdings LLC 6.5% 01-AUG-2029, 6.50%, 08/01/29 | 0.55% |
| 17 | — | Connecticut Avenue Securities Trust 2024-R03 2B1 6.49029% 25-MAR-2044, 6.49%, 03/25/44 | 0.54% |
| 18 | — | BGSL Big Sky Funding LLC\|8.5\|12/31/2027, 8.50%, 12/31/27 | 0.51% |
| 19 | — | GWT Commercial Mortgage Trust 2024-WLF2 D 6.75621% 15-MAY-2041, 6.76%, 05/15/41 | 0.49% |
| 20 | — | PENN Entertainment, Inc. 6.75% 01-APR-2031, 6.75%, 04/01/31 | 0.47% |
| 21 | — | Sunoco LP 7.875% PERP, 7.88%, 03/18/99 | 0.46% |
| 22 | — | East West Invs Mgmt Clo 2019-1, 5.01%, 10/19/38 | 0.45% |
| 23 | — | EF Holdco Inc. 7.375% 30-SEP-2030, 7.38%, 09/30/30 | 0.45% |
| 24 | — | Structured Agency Credit Risk (STACR) Debt Notes, Series 2021-DNA7 B2 11.49029% 25-NOV-2041, 11.49%, | 0.43% |
| 25 | — | Six Flags Entertainment Corporation 8.625% 15-JAN-2032, 8.62%, 01/15/32 | 0.42% |
| 26 | — | Structured Agency Credit Risk (STACR) Debt Notes, Series 2020-DNA1 B2 9.05477% 25-JAN-2050, 9.05%, 0 | 0.42% |
| 27 | — | Hilton Grand Vacations Borrower Escrow LLC 4.875% 01-JUL-2031, 4.88%, 07/01/31 | 0.42% |
| 28 | — | Tallgrass Energy Partners, LP 6.75% 15-MAR-2034, 6.75%, 03/15/34 | 0.42% |
| 29 | — | SLM Corporation 6.495% 15-MAY-2032, 6.50%, 05/15/32 | 0.40% |
| 30 | — | Humana Inc. 6.625% 15-SEP-2056, 6.62%, 09/15/56 | 0.40% |

Source: etf.net, https://etf.net/etf/JIII. Please cite the page URL.