Please ensure Javascript is enabled for purposes of website accessibility Income ETF - Janus Henderson Investors - GWP Hub
{{banner.link_text}}

JIII Income ETF

Designed for investors seeking consistent yield, JIII combines diverse income sources across fixed income sectors. Our Income ETF navigates the space between a traditional core bond fund, and a single sector constrained high yield fund

NAV
$50.42
As of 06/02/2026

1-Day Change
$0.09 (0.18%)
 As of 06/02/2026

YTD Return
0.84%
As of 06/02/2026

Overview

About this ETF

For investors seeking high current income with a secondary focus on capital appreciation. JIII aims to generate higher yields than those of standard core-plus portfolios and greater diversification than single-sector, high-yield strategies.

Why Invest in this ETF

Our Team
Culture of collaboration, global integration, and respectful challenge with a research-first mentality

Disciplined Risk Budgeting
Disciplined investment process targets repeatable performance by dynamically allocating around our starting point, the Strategic Asset Allocation (SAA)

High Conviction
Bottom-up idea generation across a diverse set of return sources, seeking to opportunistically enhance yield per unit of risk

ETF PULSE: Markets don't stand still - and neither should your ETF strategy.

Download PDF

Portfolio Management

John Kerschner, CFA: Global Head of Securitised Products | Portfolio Manager
John Kerschner, CFA

Global Head of Securitised Products | Portfolio Manager

Industry since 1990. Joined Firm in 2010.

John Lloyd: Global Head of Multi-Sector Credit | Portfolio Manager
John Lloyd

Global Head of Multi-Sector Credit | Portfolio Manager

Industry since 1998. Joined Firm in 2005.

Performance

RETURNS (%) (As of 31/12/2025)
Nav Market-Price Bloomberg U.S. Aggregate Bond Index
 
3M YTD 1YR Since Inception
(12/11/2024)
Nav 1.60 8.07 8.07 7.54
Market-Price 1.63 8.30 8.30 7.94
Bloomberg U.S. Aggregate Bond Index 1.10 7.30 7.30 6.21
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.
Performance for very short time periods may not be indicative of future performance.

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 31/12/2025)
Nav Market-Price Bloomberg U.S. Aggregate Bond Index
 
3M YTD 1YR Since Inception
(12/11/2024)
Nav 1.60 8.07 8.07 7.54
Market-Price 1.63 8.30 8.30 7.94
Bloomberg U.S. Aggregate Bond Index 1.10 7.30 7.30 6.21
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.
Performance for very short time periods may not be indicative of future performance.

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 Bloomberg U.S. Aggregate Bond Index
2025
Nav 8.07
Bloomberg U.S. Aggregate Bond Index 7.30
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
DISTRIBUTION OVERVIEW
Ex-DateRecord DatePayable DateOrdinary IncomeShort-Term Capital GainsLong-Term Capital GainsTotal Distribution
01/30/202601/30/202602/05/2026$0.2419370$0.0000000$0.0000000$0.2419370
12/22/202512/22/202512/29/2025$0.3737950$0.3745930$0.0000000$0.7483880
12/01/202512/01/202512/05/2025$0.2574390$0.0000000$0.0000000$0.2574390
11/03/202511/03/202511/07/2025$0.2858230$0.0000000$0.0000000$0.2858230
10/01/202510/01/202510/07/2025$0.3054630$0.0000000$0.0000000$0.3054630
09/02/202509/02/202509/08/2025$0.2801060$0.0000000$0.0000000$0.2801060
08/01/202508/01/202508/07/2025$0.2770800$0.0000000$0.0000000$0.2770800
View Full History

Portfolio

Index represents the Bloomberg U.S. Aggregate Bond Index

Top Holdings (As of 06/02/2026)
% of Fund
Fannie Mae or Freddie Mac|5.5|03/12/2026, 5.50%, 03/12/26 5.21
Janus Henderson Emerging Markets Debt Hard Currency ETF 3.95
Fannie Mae or Freddie Mac|3.5|03/12/2026, 3.50%, 03/12/26 3.15
Fannie Mae or Freddie Mac|3|03/12/2026, 3.00%, 03/12/26 2.74
Fannie Mae or Freddie Mac|4.5|03/12/2026, 4.50%, 03/12/26 2.46
Fannie Mae or Freddie Mac|6|03/12/2026, 6.00%, 03/12/26 2.31
Fannie Mae or Freddie Mac|5|03/12/2026, 5.00%, 03/12/26 2.15
Fannie Mae or Freddie Mac|4|03/12/2026, 4.00%, 03/12/26 1.50
Ginnie Mae|3.5|02/19/2026, 3.50%, 02/19/26 1.25
Connecticut Avenue Securities Trust 2024-R03|6.49728|03/25/2044, 6.50%, 03/25/44 0.96
View full holdings

Download

Portfolio Characteristics (As of 05/02/2026)
 
Number of Holdings
Debt Issues		 381
Portfolio Turnover Rate
(1-year trailing)		 -
Weighted Average Maturity
(years)		 4.90
Effective Duration
(years)		 3.67
Yield to Worst
 5.97%
Sector Allocation % of Fund % of Fund As of 05/02/2026
Fixed Income country and/or regional weights primarily based on Bloomberg classifications.
Regional Allocation % of Fund % of Fund As of 02/05/2026
Maturity Breakdown of Fixed Income Holdings % of Fund % of Fund As of 05/02/2026
Credit Quality of Fixed Income Holdings % of Fund % of Fund As of 02/05/2026

The credit rating displayed is determined based on the availability of ratings from specific agencies. If Moody's, S&P, and Fitch all provide ratings, the middle rating of the three is shown. If only two of these agencies provide ratings, the more conservative (lower) rating is displayed. Should only one of these agencies offer a rating, that rating alone is used. In cases where none of the primary agencies (Moody's, S&P, Fitch) provide a rating, ratings from secondary agencies KBRA or DBRS are considered. If both secondary agencies provide ratings, the more conservative of the two is shown. If only one secondary agency provides a rating, that rating is displayed.

Underlying ETFs are assigned a split rating. The rating displayed is the lower rating. For example, for a split rating of Aaa/Baa, Baa is shown.

Documents

Related Insights

Differentiated insights are central to our investment approach.

Asset-backed securities: How structural mechanisms shape investor outcomes
5 Feb 2026
Features & Outlooks

Asset-backed securities: How structural mechanisms shape investor outcomes

Today’s ABS structures provide better transparency and investor protections.

Read More

Global Perspectives: Actively managing opportunities and risks in multi-sector fixed income
3 Feb 2026
Features & Outlooks

Global Perspectives: Actively managing opportunities and risks in multi-sector fixed income

Why active management, fundamental research, and selectivity across sectors are key to identifying opportunities while managing volatility in fixed income.

Read More

Multi-Sector Credit Asset Allocation Perspectives: Supportive growth meets tactical opportunities
29 Jan 2026
Features & Outlooks

Multi-Sector Credit Asset Allocation Perspectives: Supportive growth meets tactical opportunities

As we navigate emerging bifurcation and increasing opportunities, we look at the sectors and themes like AI that are driving our asset allocation and security selection.

Read More

Choose region

Country

Language

What type of investor are you?