Janus Henderson CLO ETF surpasses $20bn of assets

Janus Henderson’s collateralised loan obligation (CLO) ETF in the US has surpassed $20bn (£16.1bn) in assets under management, making it the largest CLO ETF in the market.

The Janus Henderson AAA CLO ETF (JAAA) launched in October 2020, enabling US investors to access floating rate, AAA-rated CLOs.

Fund assets grew by over 200 per cent year-on-year in 2024, making Janus Henderson the third largest active fixed income ETF provider.

Read more: Janus Henderson launches AAA CLO ETF in Europe

The fund is managed by John Kerschner, Nick Childs and Jessica Shill.

“We are pleased to reach this $20bn milestone in less than five years and are encouraged by the continued interest in our CLO ETFs across retail, intermediary, and institutional clients,” said Kerschner.

Read more: Janus Henderson buys majority stake in Victory Park Capital

“JAAA has demonstrated its benefits including diversification, attractive floating-rate yield, high credit quality, and liquidity through various market events, which have helped contribute to the growth of the asset class.”

Nick Cherney, head of innovation at Janus Henderson, added: “The continued growth of JAAA demonstrates clearly that innovative solutions that address client needs will always be the core of any successful product offering. JAAA has enabled the addition of this important asset class to a whole range of portfolios which historically were unable to benefit from the compelling attributes of CLO allocations in a robust fixed income portfolio.”

Read more: CLO ETF market grows to $19bn