Janus Henderson Launches Securitized Income ETF

Janus Henderson Investors has launched its sixth active U.S. fixed income exchange-traded fund (ETF) with an income offering that covers “virtually the entire U.S. investable securitized market.”

The Janus Henderson Securitized Income ETF (JSI) includes ABS, CMBS, CLOs, mortgage credit, agency MB, among other sectors. The fund will be managed by portfolio managers John Kerschner and Nick Childs.

“Investors are generally underexposed to securitized credit and JSI offers direct exposure to key areas of the securitized markets that investors otherwise wouldn’t have the ability to access,” said Kerschner, who also heads U.S. securitized products at Janus Henderson.

JSI will complement the firm’s suite of actively managed fixed income ETFs, including the Janus Henderson AAA CLO ETF (JAAA), which offers floating rate exposure to CLOs primarily rated AAA; the Janus Henderson Mortgage-Backed Securities ETF (JMBS), which invests primarily in high-quality agency mortgage-backed securities; the global Janus Henderson Short Duration Income ETF (VNLA), which seeks to deliver returns above cash with low volatility across rate environments; and the Janus Henderson B-BBB CLO ETF (JBBB), which offers floating rate exposure to CLOs primarily rated BBB.

Janus Henderson said it is estimated to be the fifth largest provider of active fixed-income ETFs in the U.S. as ranked by assets under management, that total $9.2 billion.