Janus Henderson AAA CLO ETF

JAAA seeks to provide current income by actively selecting investment-grade floating rate collateralized loan obligations (CLO) securities of various maturities from issuers around the globe.

Blackrock AAA CLO ETF

Vaneck CLO ETF

Panagram Bbb-B Clo Etf

Invesco AAA CLO Floating Rate Note ETF

Janus Detroit Street Trust-Janus Henderson B-BBB CLO ETF

Palmer Square CLO Senior Debt ETF

Palmer Square Credit Opportunities ETF

Several firms are planning to launch collateralized loan obligation (CLO) ETFs, enhancing options for investors. CLOs have provided attractive risk-adjusted returns over the past decade, especially when compared to other fixed income investments.

CLO ETFs in Focus: Virtus, Blondbloxx, Nuveen Plot Entrance

iShares Core U.S. Aggregate Bond ETF

ARK 21Shares Bitcoin ETF

Avantis U.S. Small Cap Value ETF

Blackrock Flexible Income ETF

Bitwise Bitcoin ETP Trust

Vanguard Total Bond Market ETF

Capital Group Dividend Value ETF

Blackrock US Equity Factor Rotation ETF

Ishares Ethereum Trust

Fidelity Wise Origin Bitcoin Fund

iShares Bitcoin Trust

iShares Core S&P 500 ETF

JPMorgan Nasdaq Equity Premium Income ETF

iShares 0-3 Month Treasury Bond ETF

SPDR Portfolio S&P 500 ETF

iShares 20+ Year Treasury Bond ETF

Vanguard S&P 500 ETF

Vanguard Total Stock Market ETF

Approximately 150 U.S.-listed ETFs gathered more than $1 billion in the first eight months of 2024. As I looked through the leaderboard, a few key themes jumped out.

Active, Crypto & Core ETFs, Oh My

Eagle Point Credit

Oxford Lane Capital

CLOs have several tranches. Equity tranches are the riskiest ones, but also have the highest yields, and strongest potential returns. Debt tranches are safer and lower-yielding, some significantly so, some moderately so.

CLO Debt ETFs Or CLO Equity CEFs: Which Are Best For Income Investors And Retirees

Capital Group Core Plus Income ETF

Capital Group Municipal Income ETF

Dimensional National Municipal Bond ETF

Fidelity Total Bond ETF

Goldman Sachs Community Municipal Bond ETF

Goldman Sachs Ultra Short Municipal Income ETF

JPMorgan Ultra-Short Municipal Income ETF

iShares National Muni Bond ETF

PIMCO Intermediate Municipal Bond Active ETF

AB Tax Aware Short Duration Municipal ETF

T Rowe Price Total Return ETF

Vanguard Tax-Exempt Bond Index ETF

Actively managed ETFs continued to gain traction in July with $24 billion of net inflows. This represented 19% of the industry's net inflows, which remains impressive given the 7% share of the assets.

Growing Supply of Active Municipal Bond ETFs

Equities are down, due to bearish sentiment, mediocre economic news, and the unwinding of the Japanese carry trade. High-yield bonds and senior loans are seeing some pain too, albeit much reduced. CLO ETFs keep chugging along, without significant losses or underperformance.

CLOs In The Current Market Selloff

Avantis International Small Cap Value ETF

Angel Oak Income ETF

Pacer US Cash Cows 100 ETF

iShares 7-10 Year Treasury Bond ETF

iShares iBoxx $ Investment Grade Corporate Bond ETF

Global X MLP & Energy Infrastructure ETF

Cohen & Steers Quality Income Realty Fund

Vanguard Small Cap Value ETF

Vanguard Real Estate ETF

Vanguard Value ETF

Vanguard Total International Stock ETF

Vanguard International High Dividend Yield ETF

Energy Select Sector SPDR Fund

Undervalued industries, regions, and equity market segments offer investors the potential for strong, market-beating returns. There are ETFs tracking most of these. An overview of the cheapest sectors, and ETFs tracking these, follows.

Most Undervalued Asset Classes, Equity Industries, Segments, And Regions - 2H2024

AXS First Priority CLO Bond ETF

CLO ETF performance has been outstanding these past few years. Most have seen below-average drawdowns, significant dividend growth, and massive outperformance with above-average yields. Yields range from 6.4% to 8.9%, and that is without leverage or excessive credit risk.

Is CLO Outperformance Set To Continue?

Eagle Point Credit Company Inc - 6.6875% NT REDEEM 30/04/2028 USD 25

Oxford Square Capital

CLOs remain very popular investment vehicles and have seen sizable inflows recently, judging by the AUM of open-end funds. We highlight some of the dynamics and key themes in the CLO market that can help investors guide their allocations. Current CLO market themes include a lack of new loans, drop in credit spreads, strong demand for CLO exposure, and improvement in CLO portfolio quality.

Picks And Themes In The CLO Sector

The Janus Henderson AAA CLO ETF is a low-duration asset with the necessary attributes to protect against rising market volatility. JAAA ETF invests in investment-grade collateralized loan obligations, providing sustainable dividends and low concentration risk. Although its 6%+ dividend yield might recede in a lower interest rate environment, I anticipate it will sustain a decent "throughout the cycle" yield.

JAAA: A Defensive Play To Consider Amid Rising Market Volatility

On this week's episode of ETF Prime, host Nate Geraci unpacks the rise of active ETFs in 2024 with VettaFi Investment Strategist Cinthia Murphy. Later, Geraci welcomes Kaitlin Hendrix, asset allocation research director at Dimensional Fund Advisors, to discuss the firm's new unified managed account (UMA) platform.

ETF Prime: Murphy on the Rise of Active ETFs in 2024

John Hancock Financial Opportunities Fund

The financial sector is still out of favor due to rate shock, income is pouring into the willings' coffers. You can invest in banks, bank-like institutions, or both. Don't neglect this sector. Lower risk, higher yields, a retiree's dream.

3 Bank Funds To Buy For Your Retirement Income

Invesco Senior Loan ETF

Alpha Architect 1-3 Month Box ETF

iShares S&P 500 Growth ETF

JPMorgan Ultra-Short Income ETF

PIMCO Enhanced Short Maturity Active ETF

Invesco QQQ

VanEck Vectors Semiconductor ETF

iShares PHLX Semiconductor ETF

SPDR S&P 500 ETF Trust

 SPDR Blackstone Senior Loan ETF

Global X Uranium ETF

iShares Broad USD High Yield Corporate Bond ETF

Vanguard Growth ETF

Utilities Select Sector SPDR Fund

Markets steadily march on to record highs, as Q2 2024 wraps up. Many patterns that emerged earlier in the year once again prevailed through the fog of geopolitical and rate uncertainty.

The ETF Flowdown: Q2 2024

Janus Henderson AAA CLO ETF has seen a significant increase in AUM to $10.25B since the beginning of 2022. JAAA's holdings consist of 369 AAA CLO tranches with a weighted average maturity of 3.99 years and an effective duration of 0.21 years. CLOs offer unique characteristics such as floating rate coupon payments, making JAAA a desirable low-duration product in the current rate environment.

JAAA: High Yield, Low Duration Make It An Attractive Option

T.Rowe Price Small-Mid Cap ETF

T Rowe Price International Equity ETF

Investors poured $20 billion into actively managed ETFs in May, representing 21% of the industry's cash haul. This continues a yearlong trend.

Active ETFs Still Popular In May

Janus Henderson AAA CLO ETF offers exposure to high-quality Collateralized Loan Obligation debt instruments with a focus on triple-A rated quality. JAAA provides a high level of dividend income, making it attractive for income-focused investors, particularly those nearing or at retirement age. The risk profile of JAAA is low, with a majority of holdings rated AAA and a low historical default rate. However, the fund's performance may be affected by changes in interest rates.

JAAA: The Train Already Left The Station

Goldman Sachs TreasuryAccess 0-1 Year ETF

iShares Russell 2000 ETF

iShares U.S. Real Estate ETF

iShares TIPS Bond ETF

After seeing their third-largest weekly outflow on record, money markets have recorded three straight weeks of inflows. Mixed-assets funds was the only group to suffer outflows. Spot bitcoin ETFs saw an inflow a week after seeing their first outflow since the products launched.

U.S. Weekly FundFlows Insight Report: Fixed Income ETFs Record Largest Inflow In Over Five Years, Adding $9.4 Billion

The Janus Henderson AAA CLO ETF provides retail investors access to high-quality AAA-debt tranches of Collateralized Loan Obligations (CLOs). JAAA has performed better than expected, returning 8.5% since the last article, as credit spreads have tightened to near all-time lows. However, future returns may not be as strong because there is a gap between credit spreads and actual defaults.

JAAA: Remain A Buy On Fed Pause

CLO ETFs offer investors strong yields with little credit or interest rate risk. These are variable rate ETFs, and should see declining dividends as the Fed cuts rates. I still think they are buys, for three key reasons.

3 Reasons CLO ETFs Are A Buy, Even If The Fed Cuts

Panagram AAA CLO ETF

Pimco Senior Loan Active Exchange-Traded Fund

Fixed income ETFs gathered $51 billion of new money in the first quarter. This represented 26% of the industry's net inflows.

Looking to Loan ETFs

Vanguard Short-Term Inflation-Protected Securities ETF

With prices, valuations, and inflation elevated, some investors are looking for comparatively safe, high-quality investments. T-bills, short-term TIPs, and AAA-rated CLOs are three of the best investments in this area. There are fantastic ETFs covering each of these securities.

3 ETFs For Short-Term Risk-Averse Investors

JAAA focuses on AAA-rated CLO tranches. It offers investors a good 6.2% yield and has outperformed bond peers since inception at very low risk. Yields should drop as the Fed cuts rates, but these seem likely to remain competitive.

JAAA Remains A Strong Income Fund, Even As Rate Cuts Loom

Sustained core inflation suggests an interest rate pivot isn't a given. However, we think the probability of a mid-to-late 2024 pivot remains high.

JAAA Vs. JBBB: Opting For Positive Duration And High Quality

Vanguard Short-Term Bond ETF

BlackRock Ultra Short-Term Bond ETF

Vanguard High Dividend Yield ETF

Health Care Select Sector SPDR Fund

Consider bond ETFs from Vanguard, dividends, and growth stocks as cash moves off the sidelines.

King Cash Is Being Dethroned. What to Buy Now.

VanEck Vectors BDC Income ETF

iShares Fallen Angels USD Bond ETF

SPDR Portfolio High Yield Bond ETF

On Seeking Alpha, I focus on dividend ETFs targeted towards income investors and retirees. Dividend ETFs focusing on bonds and fixed-income securities have seen significant dividend growth these past two years. Some offer incredibly compelling yields. Of these, five funds stand out. A quick look at these follows.

Juan's Top Dividend ETFs For 2024

SPDR Bloomberg 1-3 Month T-Bill ETF

JAAA is one of my top-income ETFs for more conservative, short-term investors. The fund is broadly similar to t-bills and BIL, with a higher yield, but a bit more volatility. A comparison of these two funds follows.

JAAA Vs. BIL: Which Is Best For Income Investors And Retirees?

News for Janus Henderson AAA CLO ETF ETF (JAAA)