Janus Henderson Tightens Grip on CLO ETFs with JAAA's $10 Billion Milestone
Via Bloomberg
Summary
The Janus Henderson AAA CLO ETF (JAAA) has surpassed $10 billion in assets, securing a dominant 90% market share in the rapidly expanding niche for top-rated collateralized loan obligation funds.
Driven by elevated interest rates and institutional interest, the fund has nearly doubled in size this year by offering high-credit-quality exposure with significantly better returns than the broader bond market.
