Janus Henderson’s collateralised mortgage obligation (CLO) ETF within the US has surpassed $20bn (£16.1bn) in property underneath administration, making it the biggest CLO ETF out there.
The Janus Henderson AAA CLO ETF (JAAA) launched in October 2020, enabling US traders to entry floating charge, AAA-rated CLOs.
Fund property grew by over 200 per cent year-on-year in 2024, making Janus Henderson the third largest energetic mounted earnings ETF supplier.
Learn extra: Janus Henderson launches AAA CLO ETF in Europe
The fund is managed by John Kerschner and Jessica Shill.
“We’re happy to achieve this $20bn milestone in lower than 5 years and are inspired by the continued curiosity in our CLO ETFs throughout retail, middleman, and institutional shoppers,” stated Kerschner.
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“JAAA has demonstrated its advantages together with diversification, engaging floating-rate yield, excessive credit score high quality, and liquidity via varied market occasions, which have helped contribute to the expansion of the asset class.”
Nick Cherney, head of innovation at Janus Henderson, added: “The continued development of JAAA demonstrates clearly that revolutionary options that handle shopper wants will at all times be the core of any profitable product providing. JAAA has enabled the addition of this essential asset class to an entire vary of portfolios which traditionally have been unable to learn from the compelling attributes of CLO allocations in a sturdy mounted earnings portfolio.”
Learn extra: CLO ETF market grows to $19bn