Janus Henderson's JAAA Passes $10 Billion in CLO ETFs
Via Bloomberg
The Story
The Janus Henderson AAA CLO ETF (JAAA) has surpassed $10 billion in assets, securing a dominant 90% market share in the rapidly expanding niche for top-rated collateralized loan obligation funds.
Driven by elevated interest rates and institutional interest, the fund has nearly doubled in size this year by offering high-credit-quality exposure with significantly better returns than the broader bond market.
Driven by elevated interest rates and institutional interest, the fund has nearly doubled in size this year by offering high-credit-quality exposure with significantly better returns than the broader bond market.
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