Janus Henderson Income ETF

JIII

Market cap $191M

JIII is an active ETF investing in a wide assortment of bond sub-asset classes, including corporate bonds, treasuries, MBS, CLOs, and more. It is roughly 50-50 investment-grade and non-investment grade, ensuring reasonable quality and income. It offers investors a 6.4% yield, closer to high-yield bonds than investment-grade. Realized volatility and drawdowns are quite low too.

Earlier today, Janus Henderson rolled out the Janus Henderson Income ETF (JIII). The fund seeks to provide current income, along with long-term capital appreciation prospects.