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.

Panagram Bbb-B Clo Etf

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

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

iShares Core U.S. Aggregate Bond ETF

Invesco Senior Loan ETF

Vanguard Total Bond Market ETF

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

Alpha Architect 1-3 Month Box ETF

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

PIMCO Enhanced Short Maturity Active 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?

Vaneck CLO ETF

iShares iBoxx High Yield Corporate Bond ETF

Vanguard Intermediate-Term Corporate Bond ETF

Fixed income ETF demand has been strong in 2023 led by Treasury ETFs. However, advisors have been rewarded by turning to alternatives in the fixed income space, such as those focused on the collateralized loan obligations (CLOs) market.

How CLOs Can Provide an Alternative to Traditional Bond ETFs

PIMCO Enhanced Short Maturity Active Exchange-Traded Fund ETF, a short-term bond ETF, has achieved positive returns and outperformed other fixed-income asset classes since early 2023. Other funds, including Janus Henderson AAA CLO ETF, have performed even better. An overview of the MINT ETF, and at some alternatives, follows.

MINT Is Good, But JAAA Is Better

Janus Henderson Mortgage-Backed Securities ETF

Janus Henderson Short Duration Income ETF

Janus Henderson Securitized Income ETF

Janus Henderson Investors has launched an active ETFs that covers almost the entire U.S. investable securitized market. The Janus Henderson Securitized Income ETF (NYSE Arca: JSI) seeks high income by investing across the U.S. securitized market.

Janus Henderson Launches Active Securitized Income ETF

The Janus Henderson CLO ETFs offer investors opportunities to invest in higher spread, lower risk loans. Rising default rates are affecting credit differently across the board, and CLOs show strength that other fixed income products have not. The comparison to investment grade corporate bonds shows CLOs as clear winners, with quality credit shining above lower quality.

JAAA & JBBB: Why I'm Still Favoring Quality Credit

Janus Henderson AAA CLO ETF provides investors with floating-rate exposure to high-quality AAA-rated CLOs. JAAA was the first ETF to offer direct exposure to the $700 billion+ AAA CLO market, previously only available to institutional investors. JAAA has a reasonable management fee of 0.22% and has historically outperformed other floating-rate investment products.

JAAA: A Great ETF Helping To Level The Playing Field

Apollo Senior Floating Rate Fund

Franklin Senior Loan ETF

iShares Floating Rate Bond ETF

WisdomTree Bloomberg Floating Rate Treasury Fund

XAI Octagon Floating Rate & Alternative Income Term Trust

Floating rate securities have strong yields, low duration, and have significantly outperformed YTD. There are several strong floating rate funds available to investors. Credit risk varies, but there are options with minimal risk and high yields in the floating rate space.

The Best Floating Rate Funds For Income Investors And Retirees

Avantis International Small Cap Value ETF

Avantis Emerging Markets Equity ETF

Avantis US Equity ETF

Avantis U.S. Small Cap Value ETF

Capital Group Dividend Value ETF

Capital Group Growth ETF

Dimensional US Core Equity 2 ETF

Dimensional International Core Equity Market ETF

Dimensional Core Fixed Income ETF

Dimensional Emerging Markets Core Equity 2 ETF

Dimensional Emerging Markets Value ETF

Dimensional International Core Equity 2 ETF

Dimensional International Value ETF

Dimensional US Equity ETF

Dimensional US High Profitability ETF

iShares MSCI Emerging Markets ETF

Fidelity Total Bond ETF

First Trust TCW Opportunistic Fixed Income ETF

JPMorgan Equity Premium Income ETF

JPMorgan Nasdaq Equity Premium Income ETF

Putnam ESG Core Bond ETF

PGIM Ultra Short Bond ETF

And, plenty of ink has been spilled about how much money has gone into active ETFs in 2023, and from a pure top-line flows perspective, it's true. A significant chunk of the $289 billion that has entered U.S.-listed ETFs year to date went into active products — 22%, in fact.

2023's Overactive Active ETF Flows Are Mostly a Mirage

 SPDR Blackstone Senior Loan ETF

Federal Reserve hikes have led to strong dividend growth in most variable rate securities and funds. Two of these are senior loans and CLO debt tranches. A look at the similarities, and differences, between these two asset classes follows.

Senior Loans Or CLO Debt, Which Is Best For Income Investors And Retirees?

Collateralized loan obligations, or CLOs, offer investors good growing dividends and low interest rate risk. Their performance since inception has been outstanding, if somewhat short. A quick look at 3 CLO ETFs follows.

The Best 3 CLO ETFs For Income Investors And Retirees

Janus Henderson AAA CLO ETF is a fixed income exchange traded fund that has performed well in 2023. AAA CLOs yield more than Treasuries due to their complexity and SPV structuring, as well as their issuance under Rule 144A. JAAA has a granular build with a short duration, allowing it to pass higher yields to investors in a rising rates environment.

JAAA: 'Higher For Longer' Rates Favor This CLO Fund

Nuveen Credit Strategies Income Fund

Oxford Lane Capital

Oxford Lane Capital Corp 6.75 % Cum Red Pfd Shs Series -2024-

Oxford Lane Capital Corp 7 1/2 % Term Cum Pfd Shs Series -2023-

We review CEF market valuation and performance through the second week of August and highlight recent market action. CEFs rallied slightly on the week but remain in the hold in August. CEF distribution changes may affect the historical relative value relationships of similar funds.

CEF Weekly Review: Distribution Changes And Discount Relationships

JAAA and JBBB are both actively-managed ETFs investing in senior loan CLO tranches. JAAA focuses on AAA tranches, JBBB on BBB. A comparison of these two funds follows.

JAAA Vs. JBBB: Which CLO ETF Is Best For Income Investors And Retirees?

AAA CLO securities have minimal credit and duration risk and boast yields north of 7%, offering excellent risk/reward in our view. We highlight a number of second-order risks and how these securities compare to investment-grade bonds. We also highlight a couple of funds that allocate to AAA CLO tranches.

JAAA: AAA CLOs - Best Risk/Reward In The Income Space

Avantis Core Municipal Fixed Income ETF

JPMorgan Ultra-Short Income ETF

iShares Broad USD High Yield Corporate Bond ETF

Vanguard Short-Term Corporate Bond ETF

BondBloxx Bloomberg One Year Target Duration US Treasury ETF

Fixed income ETFs continue to gain in popularity, but not all investors are taking the same approach. For all of them, though, it is important to think about what advantages ETFs offer to client portfolios.

Fixed Income ETFs Have Many Uses

Janus Henderson AAA CLO ETF provides retail investors access to the previously inaccessible AAA CLO asset class. JAAA has experienced a significant increase in assets under management, reaching nearly $3 billion in under two years, due to its floating rate nature and spread pick-up. The fund is an attractive yielding vehicle with minimal credit risk, making it a suitable option for investors seeking floating rate exposure and diversification benefits.

JAAA: Becoming A Powerhouse On The Back Of Higher Rates

The JAAA ETF gives investors access to AAA CLO tranches. The fund currently yields 6.1%.

JAAA: 6.1% Yield From Synthetic 'AAA' Assets

JAAA is an AAA CLO ETF. Credit and interest rate risk are low. Dividends are good and growing. Strong risk-return profile.

News for Janus Henderson AAA CLO ETF ETF (JAAA)