Janus Henderson Launches Securitized Income Exchange Traded Fund

By: Janus Henderson Investors via Business Wire

November 09, 2023 at 08:30 AM EST

JSI expands the firm’s securitized suite of active ETFs to cover virtually the entire U.S. investable securitized market

Janus Henderson Investors (NYSE/ASX: JHG) today announced it has launched the Janus Henderson Securitized Income ETF (JSI or Fund).

The Fund will be managed by Portfolio Managers John P. Kerschner, CFA and Nick Childs, CFA.

JSI aims to generate high income through exposure to what we believe are the most attractive opportunities on a risk-adjusted basis across the U.S. securitized market. The actively managed Fund expects to invest in sectors including ABS, CMBS, CLOs, Mortgage Credit, Agency MBS, among others. The investment objective of the Fund will be to seek current income with a focus on preservation of capital.

“We believe securitized credit offers some of the most compelling yields available in the fixed income market with minimal interest rate risk. Investors are generally underexposed to securitized credit and JSI offers direct exposure to key areas of the securitized markets that investors otherwise wouldn't have the ability to access,” said John Kerschner, Head of U.S. Securitized Products and Portfolio Manager on the Fund at Janus Henderson.

“The securitized market is sizable and provides a significant opportunity for investors, and JSI is another example of Janus Henderson addressing client needs through our highly differentiated suite of ETFs. Understanding the challenges of our clients – and their clients – is key to enabling us to blend our best ideas and capabilities to define tailored products and outcomes,” said Nick Cherney, Head of Innovation at Janus Henderson.

Janus Henderson is a pioneer in providing innovative fixed income solutions designed to meet clients’ long-term objectives. JSI will complement Janus Henderson’s suite of actively managed fixed income ETFs, including the Janus Henderson AAA CLO ETF (JAAA), the industry’s fastest growing active fixed income ETF in the last three years,* which offers floating rate exposure to CLOs primarily rated AAA. It also includes the Janus Henderson Mortgage-Backed Securities ETF (JMBS), which invests primarily in high-quality agency mortgage-backed securities, the global Janus Henderson Short Duration Income ETF (VNLA), which seeks to deliver returns above cash with low volatility across rate environments, and the Janus Henderson B-BBB CLO ETF (JBBB), which offers floating rate exposure to CLOs primarily rated BBB.

According to Bloomberg data as of November 7, 2023, Janus Henderson is the fifth largest provider of active fixed income ETFs in the US by assets under management (AUM).

*Per Bloomberg data as of November 7, 2023, based on 3-year percentage AUM growth.

Notes to editors

About Janus Henderson

Janus Henderson Group is a leading global active asset manager dedicated to helping clients define and achieve superior financial outcomes through differentiated insights, disciplined investments, and world-class service.

As of September 30, 2023, Janus Henderson had approximately US$308.3 billion in assets under management, more than 2,000 employees, and offices in 24 cities worldwide. Headquartered in London, the company is listed on the NYSE and ASX.

Source: Janus Henderson Group plc

Investing involves risk, including the possible loss of principal and fluctuation of value. There is no assurance the stated objective(s) will be met.

Please consider the charges, risks, expenses, and investment objectives carefully before investing. A prospectus or, if available, a summary prospectus will contain this and other information. You can obtain a copy of the prospectus by calling Janus Henderson at 800.668.0434. The final prospectus should be read carefully before investing.

Securitized products, such as mortgage- and asset-backed securities (MBS and ABS) and Collateralized Loan Obligations (CLOs), are more sensitive to interest rate changes, have extension and prepayment risk, and are subject to more credit, valuation, and liquidity risk than other fixed-income securities. Concentrated investments in a single sector, industry or region will be more susceptible to factors affecting that group and may be more volatile than less concentrated investments or the market as a whole.

Actively managed portfolios may fail to produce the intended results. No investment strategy can ensure a profit or eliminate the risk of loss.

Janus Henderson Investors US LLC is the investment adviser and ALPS Distributors, Inc. is the distributor. ALPS is not affiliated with Janus Henderson or any of its subsidiaries.