On Wednesday, Janus Henderson Investors launched its newest fund, the Janus Henderson Emerging Markets Debt Hard Currency ETF (JEMB). This ETF is now available on the NYSE Arca.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| PF Phillip Fitzsimmons Hennion & Walsh Asset Management Inc. | 174,007 | $9.06M | $9.28M | $221,175.24 | 2.44% |
Andrew Stafford PREVAIL INNOVATIVE WEALTH ADVISORS, LLC | 22,440 | $1.18M | $1.2M | $19,284.8 | 1.64% |
| QFW QTR Family Wealth LLC QTR Family Wealth LLC | 10,040 | $545,005.09 | $535,784.6 | -$9,220.49 | -1.69% |
| ARCA Exchange | US Country |
The fund is an investment vehicle that specializes in emerging markets debt securities. Its primary investment strategy revolves around allocating at least 80% of its net assets, along with any borrowings intended for investment purposes, in hard currency-denominated debt securities. These securities include a wide array of debt instruments ranging from fixed and floating rate securities to asset-backed securities (ABS), mortgage-backed securities (MBS), and perpetual bonds. Given its investment focus, the fund aims to leverage the growth potential of emerging markets while providing investors with exposure to debt securities. Notably, the fund operates as a non-diverse entity, indicating a concentrated investment approach in certain debt instruments or markets.
These are types of debt securities where the interest rate can either remain constant (fixed) throughout the term of the bond or can vary (floating) based on a benchmark interest rate. The fund invests in both fixed and floating rate securities to diversify its interest rate risk and to provide a mix of stable and variable income opportunities for its investors.
ABS are a type of investment secured by a pool of assets, typically loans or receivables. By investing in ABS, the fund gains exposure to the credit quality of the underlying assets without the need to own the assets directly. This type of security can offer attractive yields and diversification benefits.
MBS are a type of asset-backed security that is secured by a mortgage or collection of mortgages. These securities provide the fund with regular interest and principal payments as the underlying home loans are paid off. Investing in MBS allows the fund to participate in the real estate sector indirectly while receiving a stream of income generated from mortgage repayments.
Perpetual bonds are a type of bond with no maturity date. These bonds pay a steady stream of interest forever. While they may offer lower yields compared to traditional fixed-term bonds, perpetual bonds provide continuous income and can be an effective way for the fund to achieve long-term income objectives.