Janus Henderson Asset-Backed Securities ETF (JABS)

JABS: Investment Grade ABS Securities Via This Fund

The Janus Henderson Asset-Backed Securities ETF targets income generation through short-duration, investment-grade ABS bonds, offering sector diversification and higher yield potential. JABS maintains a high-quality portfolio, overweight single-A-rated assets, with minimal sub-investment grade exposure, aiming to limit downside risk. The ETF provides a 5% 30-day SEC yield and a 0.33% expense ratio, positioning itself as a direct competitor to UYLD in the short-duration ABS space.