Janus Henderson B-BBB CLO ETF
JBBB
Chicago Board Options Exchange- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Bonds
- Address
- 151 Detroit Street Denver CO United States of America 80206
- IPO Date
- Jan 12, 2022
- CIK
- 0001500604
- Website
- janushenderson.com
- Similar Companies
- Business
- Janus Henderson B-BBB CLO ETF (JBBB) is an actively managed exchange-traded fund that provides floating-rate exposure to collateralized loan obligations (CLOs) rated between BBB+ and B- from global issuers; it invests at least 80% of its net assets in such CLOs of varying maturities, seeking capital preservation, current income, low default risk, diversification benefits relative to traditional fixed income, and yield potential through an efficient ETF structure offering liquidity, transparency, and lower costs historically accessible mainly to institutional investors. The ETF, part of Janus Henderson Investors' suite of fixed income products including the AAA CLO ETF (JAAA), targets investors seeking protection from rising interest rates via floating-rate coupons and low correlations to broader bond markets. Launched on January 11, 2022, and domiciled in the United States as a portfolio of Janus Detroit Street Trust, JBBB trades on the CBOE exchange with headquarters aligned to Janus Henderson's operations at 151 Detroit Street, Denver, Colorado. JBBB operates within the securitized bond-focused segment of the fixed income market, emphasizing loan participation funds collateralized predominantly by below-investment-grade corporate loans; its portfolio holds approximately 234 positions, primarily asset-backed securities (92.86%), with a net expense ratio of 0.48%, dividend yield around 7.64%, and assets under management exceeding $1.41 billion as of late 2025. The fund serves retail and institutional investors in the U.S. market, with global CLO issuer exposure but primary availability in the United States. Managed by Portfolio Managers John Kerschner and Nick Childs since inception, with Jessica Shill as associate since January 2023, it carries a preliminary NAIC 2.C designation for 2025. Recent developments for the Janus Henderson group, which issues JBBB, include surpassing $1 billion in AUM for the ETF in July 2024; completion of the majority stake acquisition of Victory Park Capital Advisors, a global private credit manager, in October 2024 to expand private credit capabilities and product offerings; and a April 2025 strategic partnership with Guardian Life Insurance Company of America, under which Janus Henderson manages Guardian's $45 billion investment-grade public fixed income portfolio, boosting its global fixed income assets over $147 billion and enhancing insurance asset management presence. These moves reflect Janus Henderson's focus on scaling fixed income and alternatives expertise, including CLO strategies like JBBB. No specific product launches or reorganizations directly tied to JBBB have been announced in the past 1-2 years.