On Wednesday, Janus Henderson expanded its ETF lineup with the launch of the Janus Henderson Asset-Backed Securities ETF (JABS).
JABS is an actively managed fund that looks to generate a mix of income and capital preservation. The fund has a net expense ratio of 33 basis points.
As the fund title implies, JABS primarily focuses its assets toward investing in asset-backed securities. Principally, the JABS portfolio team zeroes in on asset-backed securities with an investment-grade credit quality.
With a research-driven investment process, JABS blends top-down and bottom-up strategies to construct its fixed income portfolio. This includes an analysis of fundamentals, relative value, and sector-specific indicators. By doing so, the fund looks to construct a resilient risk profile across different sectors and industries.
“Having securitized assets in their portfolio is designed to help our clients diversify risk exposures, access better yield opportunities, manage duration, and improve credit quality,” said John Kerschner, global head of securitized products and portfolio manager at Janus Henderson. “We believe that JABS will build on the success of our leading securitized products franchise, with the potential to help clients achieve superior financial outcomes.”
Unlocking Opportunity in Fixed Income
JABS hits the market at a crucial moment for fixed income investors. With all eyes on the Federal Reserve and a potential shift in leadership, it could pay off to take on a fixed income strategy that applies disciplined and experienced active management.
Meanwhile, Janus Henderson is continuing to build out a competitive lineup of exchange traded funds. Currently, the firm has around $35 billion in assets under management.
“Janus Henderson has been building out a strong ETF lineup, and we expect there will be more to come,” noted Todd Rosenbluth, head of research at VettaFi. “For ETF-minded advisors and investors who know the firm for JAAA, there is more to learn about Janus Henderson.”
See More: Janus Henderson’s ETF Lineup Is More Than CLOs
JAAA, the Janus Henderson AAA CLO ETF, isn’t the only fund holding a significant share of assets under management. The Janus Henderson Mortgage-Backed Securities ETF (JMBS) currently has over $5 billion in assets under management.
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