Please ensure Javascript is enabled for purposes of website accessibility Securitized Income ETF - Janus Henderson Investors - US Advisor
{{banner.link_text}}
For Financial Professionals in the US

JSI Securitized Income ETF

Aims to generate high income through exposure to our best ideas across the U.S. securitized market.

NAV
$52.07
As of 02/21/2025

1-Day Change
$0.12 (0.23%)
 As of 02/21/2025

YTD Return
1.39%
As of 02/21/2025

Overview

About This ETF

For investors looking for income diversification and higher yield potential. JSI aims to generate income with lower drawdown risk by actively allocating to high-quality opportunities across the U.S. securitized market.

Why Invest in this ETF

Underrepresented opportunities
Offers direct access to the growing and complex securitized market often underrepresented in fixed income benchmarks.

Income diversification
Helps diversify a traditional fixed income portfolio, by potentially reducing credit risk, dampening overall duration, and increasing average credit quality.

Best ideas
Rigorous yield per unit of risk analysis designed to identify best ideas across the securitized opportunity set.

Why invest in securitized?

Explore each of the U.S. securitized market
sectors to better understand their distinct
characteristics and potential benefits.

Learn more

Portfolio Management

John Kerschner, CFA

Head of US Securitised Products | Portfolio Manager

Industry since 1990. Joined Firm in 2010.

Nick Childs, CFA

Head of Structured and Quantitative Fixed Income | Portfolio Manager

Industry since 2003. Joined Firm in 2017.

Performance

RETURNS (%) (As of 12/31/2024)
Nav Market-Price ICE BofA US ABS & CMBS TR
 
3M YTD 1YR Since Inception
(11/08/2023)
Nav 0.25 7.40 7.40 9.26
Market-Price 0.25 7.55 7.55 9.85
ICE BofA US ABS & CMBS TR -0.14 5.96 5.96 7.93
Returns quoted are past performance and do not guarantee future results; current performance may be lower or higher. Investment returns and principal value will vary; there may be a gain or loss when shares are sold.

Returns include reinvestment of dividends and capital gains. Returns greater than one year are annualized.

Shares of ETFs are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Market returns are based upon the midpoint of the bid/ask spread at 4:00 p.m. Eastern time (when NAV is normally determined for most ETFs), and do not represent the returns you would receive if you traded shares at other times. Ordinary brokerage commissions apply and will reduce returns.
RETURNS (%) (As of 01/31/2025)
Nav Market-Price ICE BofA US ABS & CMBS TR
 
3M YTD 1YR Since Inception
(11/08/2023)
Nav 2.09 0.83 7.27 9.33
Market-Price 2.01 0.77 7.27 9.83
ICE BofA US ABS & CMBS TR 1.29 0.67 5.53 7.94
Returns quoted are past performance and do not guarantee future results; current performance may be lower or higher. Investment returns and principal value will vary; there may be a gain or loss when shares are sold.

Returns include reinvestment of dividends and capital gains. Returns greater than one year are annualized.

Shares of ETFs are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Market returns are based upon the midpoint of the bid/ask spread at 4:00 p.m. Eastern time (when NAV is normally determined for most ETFs), and do not represent the returns you would receive if you traded shares at other times. Ordinary brokerage commissions apply and will reduce returns.
Calendar Year Returns (%)
Nav ICE BofA US ABS & CMBS TR
2024
Nav 7.40
ICE BofA US ABS & CMBS TR 5.96
Returns quoted are past performance and do not guarantee future results; current performance may be lower or higher. Investment returns and principal value will vary; there may be a gain or loss when shares are sold.

Returns include reinvestment of dividends and capital gains. Returns greater than one year are annualized.

Shares of ETFs are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Market returns are based upon the midpoint of the bid/ask spread at 4:00 p.m. Eastern time (when NAV is normally determined for most ETFs), and do not represent the returns you would receive if you traded shares at other times. Ordinary brokerage commissions apply and will reduce returns.

Premium/Discount History

Morningstar Percentile

 (As of 12/31/2024)
1 YR 3 YR 5 YR 10 YR SINCE INCEPTION
Percentile Ranking 7 - - - 5
Short-Term Bond | Rank/Count 25/555 -/- -/- -/- 14/551
 (As of 01/31/2025)
1 YR 3 YR 5 YR 10 YR SINCE INCEPTION
Percentile Ranking 5 - - - 5
Short-Term Bond | Rank / Count 19/558 -/- -/- -/- 15/551

Growth of a Hypothetical Investment

@Nav ICE BofA US ABS & CMBS TR Short-term Bond
Source: Morningstar, Inc.

This graph compares the performance of a hypothetical $1 investment in the fund, the fund’s Morningstar category average and its benchmark(s). Fund performance is on a Net Asset Value (NAV) basis with net income reinvested where applicable.

DISTRIBUTION OVERVIEW
Ex-DateRecord DatePayable DateOrdinary IncomeShort-Term Capital GainsLong-Term Capital GainsTotal Distribution
02/03/202502/03/202502/07/2025$0.3041100$0.0000000$0.0000000$0.3041100
12/23/202412/23/202412/30/2024$0.3080830$0.0171550$0.0000000$0.3252380
12/02/202412/02/202412/06/2024$0.2850680$0.0000000$0.0000000$0.2850680
11/01/202411/01/202411/07/2024$0.2758360$0.0945950$0.0000000$0.3704310
10/01/202410/01/202410/07/2024$0.2834100$0.0000000$0.0000000$0.2834100
09/03/202409/03/202409/09/2024$0.2887620$0.0000000$0.0000000$0.2887620
08/01/2024 08/01/2024 08/07/2024 $0.2809180 $0.0000000$0.0000000$0.2809180
07/01/202407/01/202407/08/2024$0.2862980$0.0000000$0.0000000$0.2862980
View Full History

Portfolio

Index represents the Bloomberg U.S. Aggregate Bond Index

Top Holdings (As of 02/21/2025)
% of Fund
Fannie Mae or Freddie Mac|5.5|03/13/2025, 5.50%, 03/13/25 14.74
Fannie Mae or Freddie Mac|6.5|03/13/2025, 6.50%, 03/13/25 9.25
Janus Henderson AAA CLO ETF 4.86
Janus Henderson B-BBB CLO ETF 4.74
Fannie Mae or Freddie Mac|5|03/13/2025, 5.00%, 03/13/25 4.13
Fannie Mae or Freddie Mac|3.5|03/13/2025, 3.50%, 03/13/25 4.10
Fannie Mae or Freddie Mac|4|03/13/2025, 4.00%, 03/13/25 3.64
Fannie Mae or Freddie Mac|6|03/13/2025, 6.00%, 03/13/25 2.76
Federal Home Loan Banks|5.43293|12/25/2054, 5.43%, 12/25/54 2.07
Freddie Mac Stacr Remic Trust 2025-Hqa1|5.98763|02/25/2045, 5.99%, 02/25/45 1.37
View full holdings

Download

Portfolio Characteristics (As of 02/20/2025)
 
Number of Holdings
Debt Issues		 360
Portfolio Turnover Rate
(1-year trailing)		 52.19%
Weighted Average Maturity
(years)		 5.05
Effective Duration
(years)		 2.73
Yield to Worst
 7.32%
Sector Allocation % of Fund % of Fund As of 02/20/2025
Regional Allocation % of Fund % of Fund As of 02/20/2025
Maturity Breakdown of Fixed Income Holdings % of Fund % of Fund As of 02/20/2025
Credit Quality of Fixed Income Holdings % of Fund % of Fund As of 02/20/2025

Documents

Related Insights

Our intellectual capital is readily available and central to our Knowledge Shared approach"
Related Insights
Top-performing U.S. fixed income sectors of 2024: Securitized outpaces the Agg
Feb 18, 2025
Timely & Topical

Top-performing U.S. fixed income sectors of 2024: Securitized outpaces the Agg

Ranking the best-performing U.S. fixed income sectors of 2024.

3 min read

Busting the bias against U.S. securitized
Feb 11, 2025
Timely & Topical

Busting the bias against U.S. securitized

John Kerschner points out the biases that he believes may keep investors out of U.S. securitized assets

10 min read

U.S. MBS: Are Fannie and Freddie up for privatization?
Feb 6, 2025
Timely & Topical

U.S. MBS: Are Fannie and Freddie up for privatization?

Exploring the likelihood that Fannie Mae and Freddie Mac will be privatized.

7 min read

Choose region

Country

Language

What type of investor are you?