Assets in Janus Henderson AAA CLO ETF Exceed 20 Billion USD
AI-Generated Summary
The Janus Henderson AAA CLO ETF has surpassed 20 billion USD in assets, boosted by strong investor demand for floating rate exposure and outperforming its closest rival.
Assets in the world's largest exchange-traded fund tracking collateralized loan obligations have risen above $20 billion for the first time since its launch less than five years ago. This increase is largely due to investors seeking exposure to floating rates.
The Janus Henderson AAA CLO ETF, with the ticker JAAA, has added nearly $4 billion since the start of the year and now totals $20.2 billion, according to data compiled by Bloomberg. This growth has allowed Janus to extend its lead over its competitors in the CLO fund market, being approximately ten times larger than its nearest competitor, the $2 billion PGIM AAA CLO ETF (PAAA).
GettyImages-1135666461.jpg?mbid=social_retweet)
