Janus Henderson AA-A CLO ETF

The Janus Henderson AA-A CLO ETF is an actively managed exchange-traded fund that invests primarily in high-quality collateralized loan obligations (CLOs) rated AA to A. Launched in February 2026 with $100 million in seed capital from The Guardian Life Insurance Company of America, it seeks capital preservation and current income through exposure to these investment-grade securities backed by diversified portfolios of below-investment-grade corporate loans. Positioned between Janus Henderson's established JAAA (AAA-rated) and JBBB (BBB-rated) CLO ETFs, the fund targets a yield profile—such as the 5.1% yield to worst for A-rated CLOs as of January 30, 2026—that balances potential returns and risk in the securitized market. Managed by experienced portfolio managers John Kerschner, Nick Childs, and Jessica Shill, it emphasizes broad diversification, historically low daily volatility, and low correlation to traditional fixed income, enhancing portfolio resilience. As part of Janus Henderson's leading active securitized ETF suite, which includes over $38 billion in assets across 15 funds as of December 31, 2025, this ETF expands access to a robust asset class known for risk-adjusted performance amid evolving economic conditions.