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About Janus Detroit Street Trust Janus Henderson Asset-Backed Securities ETF
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Inception date
Jul 23, 2025
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Janus Henderson Investors US LLC
Distributor
ALPS Distributors, Inc.
JABS is actively managed and invests primarily in USD-denominated, asset-backed securities (ABS), including CLOs, CMOs, agency/non-agency MBS, private structures, and pass-through certificates. It targets ABS rated A- or higher or unrated securities of comparable quality, with downgrades reviewed post-purchase. Investments may span various maturities, and durations, and may have fixed, floating, or variable interest rates. The fund also includes Rule 144A securities with resale restrictions. Derivatives, limited to interest rate futures, are used solely for hedging portfolio risks. In selecting securities, the fund employs a research-driven process that integrates top-down and bottom-up analysis, combining fundamentals, valuations, market technical indicators, and quantitative models. Cash and other fixed-income securities may also be held.
Related funds
Classification
What's in the fund
Exposure type
Cash
Securitized
Stock breakdown by region
Top 10 holdings
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
JABS trades at 50.25 USD today, its price has risen 0.38% in the past 24 hours. Track more dynamics on JABS price chart.
JABS net asset value is 50.19 today — it's risen 0.36% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
JABS assets under management is 130.03 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
JABS fund flows account for 99.98 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
JABS invests in cash. See more details in our Analysis section.
JABS expense ratio is 0.33%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, JABS isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
No, JABS doesn't pay dividends to its holders.
JABS trades at a premium (0.12%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
JABS shares are issued by Janus Henderson Group Plc
JABS follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jul 23, 2025.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.