JAAA - JAAA: High Yield Low Duration Make It An Attractive Option
2024-06-20 07:08:20 ET
Summary
- 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.
Janus Henderson AAA CLO ETF ( JAAA ) has been gaining popularity in the realm of fixed-income ETFs. Since the beginning of 2022, JAAA's AUM has skyrocketed to $10.25B....
JAAA: High Yield, Low Duration Make It An Attractive Option