JAAA 📈 Janus Detroit Street Trust - Overview

The Janus Henderson AAA CLO ETF, listed on the NYSE ARCA under the ticker symbol JAAA, is an investment fund that seeks to achieve its objective by allocating a significant portion of its net assets to high-quality Collateralized Loan Obligations (CLOs). Specifically, the fund invests at least 90% of its net assets in AAA-rated CLOs, which are considered to be of the highest credit quality.

In addition to AAA-rated CLOs, the fund may also invest in other high-quality CLOs with a minimum rating of A- at the time of purchase. These CLOs are also carefully selected to ensure they meet the fund's credit quality standards. This diversified approach allows the fund to manage risk while seeking to generate returns for its investors.

It's worth noting that the fund's investment approach is guided by the adviser's expertise in evaluating credit quality. When a CLO is unrated, the adviser uses its own credit analysis to determine whether it is of comparable quality to AAA-rated or A-rated CLOs. This rigorous evaluation process helps to ensure that the fund's investments are aligned with its objective of providing investors with exposure to high-quality CLOs.

By focusing on AAA-rated and high-quality CLOs, the Janus Henderson AAA CLO ETF offers investors a unique opportunity to tap into the potential benefits of this asset class, including regular income and diversification. With its disciplined investment approach and rigorous credit evaluation process, the fund aims to provide investors with a stable and attractive source of returns over the long term.