Reported about 1 year ago
Janus Henderson's ETF tracking the collateralized loan obligations (CLOs) has surpassed $10 billion in assets, solidifying its dominance in the niche market. With the Janus Henderson AAA CLO ETF (JAAA) holding a 90% share of the top-rated CLO ETF market, the fund has seen significant growth and outperformed other competitors like the Janus Henderson B-BBB CLO ETF (JBBB). Despite not being the first or the cheapest fund, JAAA's actively managed exposure and institutional use case have contributed to its success and growth, especially in a category expected to expand in the future.
Source: YAHOO