Janus Henderson B-BBB CLO ETF (JBBB)Securitized Bond - Focused | Exchange Traded Fund | Cboe US
47.61 USD
+0.03
(0.063%)
⇧
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 47.45 -0.16 (-0.160%) ⇩ (Aug. 28, 2026, 7:56 p.m. EDT) |
Hot Take ↕ | Aug. 22, 2026, 4:45 a.m. EDT
The B-BBB CLO ETF offers a compelling income floor but lacks the explosive growth catalyst needed for a top-tier long-term rating. The 6.99% dividend yield is robust, driven by the floating-rate nature of the underlying loans, which typically tracks SOFR plus a spread. However, the recent price action reveals a critical tension: while the underlying assets are floating-rate and should theoretically be resilient to rising rates, the stock has drifted lower over the last two years, trading near its 52-week lows. This divergence suggests the market is pricing in a specific risk—likely credit spread compression or a fear that the 'B-BBB' slice is becoming too risky in a tightening cycle—rather than just a temporary dip. The technicals are flat, hovering around the 200-day average, offering no immediate momentum catalyst. For investors, this is a classic 'bond proxy' play: excellent for yield and capital preservation if rates stay stable, but the long-term rating is capped because the asset class itself is currently underperforming relative to its historical mean, and there is no visible inflection point driving a re-rating. |
| Model | MAE |
|---|---|
| AutoETS ✓ | 0.001725 |
| AutoARIMA | 0.001742 |
| MSTL | 0.001770 |
| AutoTheta | 0.002237 |
Forecast horizon: 45 days | Selected: AutoETS
| Forecast Reliability | |
|---|---|
| Score | 85% |
| H-stat | 0.29 |
| Ljung-Box p | 0.053 |
| Jarque-Bera p | 0.074 |
| Excess Kurtosis | 1.58 |
As of Aug. 22, 2026, 4:45 a.m. EDT: Speculators are positioning defensively with significant open interest in out-of-the-money puts (strikes 44 and 45) relative to calls, suggesting a fear of downside volatility or a hedge against credit spread widening. Implied volatility is notably higher for puts (53%) than calls (72% ATM), indicating asymmetric pricing where sellers demand more premium for downside protection than buyers pay for upside potential. The lack of call volume above the money suggests limited speculative bullishness.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.48% | 6.41% | 7.37% | — |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-07-31 | 0.227 | 0.480017 |
| 2026-06-30 | 0.231 | 0.487856 |
| 2026-05-29 | 0.227 | 0.479713 |
| 2026-04-30 | 0.237 | 0.500317 |
| 2026-03-31 | 0.221 | 0.474198 |
| 2026-02-27 | 0.248 | 0.530936 |
| 2026-01-30 | 0.247 | 0.516304 |
| 2025-12-22 | 0.285 | 0.598362 |
| 2025-12-01 | 0.263 | 0.551132 |
| 2025-11-03 | 0.296 | 0.617954 |
| 2025-10-01 | 0.290 | 0.605554 |
| 2025-09-02 | 0.273 | 0.566390 |
| 2025-08-01 | 0.249 | 0.518210 |
| 2025-07-01 | 0.333 | 0.691589 |
| 2025-06-02 | 0.299 | 0.620332 |
| 2025-05-01 | 0.377 | 0.790522 |
| 2025-04-01 | 0.320 | 0.660066 |
| 2025-03-03 | 0.280 | 0.570149 |
| 2025-02-03 | 0.271 | 0.549139 |
| 2024-12-23 | 0.336 | 0.683900 |
| 2024-12-02 | 0.317 | 0.645358 |
| 2024-11-01 | 0.312 | 0.634921 |
| 2024-10-01 | 0.351 | 0.722222 |
| 2024-09-03 | 0.370 | 0.760066 |
| 2024-08-01 | 0.326 | 0.666394 |
| 2024-07-01 | 0.275 | 0.561913 |
| 2024-06-03 | 0.313 | 0.638906 |
| 2024-05-01 | 0.302 | 0.619805 |
| 2024-04-01 | 0.250 | 0.513769 |
| 2024-03-01 | 0.310 | 0.643421 |
| 2024-02-01 | 0.297 | 0.615417 |
| 2023-12-22 | 0.339 | 0.707872 |
| 2023-12-01 | 0.353 | 0.747723 |
| 2023-11-01 | 0.323 | 0.692910 |
| 2023-10-02 | 0.335 | 0.709746 |
| 2023-09-01 | 0.345 | 0.727618 |
| 2023-08-01 | 0.311 | 0.661421 |
| 2023-07-03 | 0.346 | 0.758107 |
| 2023-06-01 | 0.304 | 0.671675 |
| 2023-05-01 | 0.312 | 0.687679 |
| 2023-04-03 | 0.328 | 0.727031 |
| 2023-03-01 | 0.302 | 0.657236 |
| 2023-02-01 | 0.287 | 0.619737 |
| 2022-12-23 | 0.286 | 0.635273 |
| 2022-12-01 | 0.289 | 0.642937 |
| 2022-11-01 | 0.246 | 0.563058 |
| 2022-10-03 | 0.248 | 0.568612 |
| 2022-09-01 | 0.243 | 0.527974 |
| 2022-08-01 | 0.193 | 0.423199 |
| 2022-07-01 | 0.183 | 0.403573 |
| 2022-06-01 | 0.166 | 0.357066 |
| 2022-05-02 | 0.137 | 0.277890 |
| 2022-04-01 | 0.127 | 0.257763 |
| 2022-03-01 | 0.125 | 0.251560 |
| Attribute | Value |
|---|---|
| All Time High | 50.45 |
| All Time Low | 43.33 |
| Ask | 48.09 |
| Ask Size | 1,100 |
| Average Daily Volume10 Day | 363,110 |
| Average Daily Volume3 Month | 361,633 |
| Average Volume | 361,633 |
| Average Volume10Days | 363,110 |
| Beta3 Year | 0.12 |
| Bid | 47.38 |
| Bid Size | 100 |
| Category | Securitized Bond - Focused |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 47.63 |
| Day Low | 47.56 |
| Dividend Yield | 6.99 |
| Esg Populated | 0 |
| Exchange | BTS |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 47.4315 |
| Fifty Day Average Change | 0.17850113 |
| Fifty Day Average Change Percent | 0.0037633458 |
| Fifty Two Week Change Percent | -1.2240648 |
| Fifty Two Week High | 48.32 |
| Fifty Two Week High Change | -0.7099991 |
| Fifty Two Week High Change Percent | -0.0146936895 |
| Fifty Two Week Low | 46.42 |
| Fifty Two Week Low Change | 1.1900024 |
| Fifty Two Week Low Change Percent | 0.025635555 |
| Fifty Two Week Range | 46.42 - 48.32 |
| First Trade Date Milliseconds | 1,641,997,800,000 |
| Full Exchange Name | Cboe US |
| Fullday Change | 0.0299988 |
| Fullday Change Percent | 0.0630491 |
| Fullday Price | 47.45 |
| Fund Family | Janus Henderson |
| Fund Inception Date | 1,641,859,200 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund will not invest more than 15% of its net assets in CLOs rated below investment grade (BB+ or lower) at the time of purchase by the fund, or if unrated, determined to be of comparable credit quality by the Adviser. It will invest primarily in CLOs that are U.S. dollar denominated. The fund may invest in derivatives only to mitigate (hedge) risks associated with the fund’s existing portfolio of CLOs. |
| Long Name | Janus Henderson B-BBB CLO ETF |
| Market | us_market |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_1683575508 |
| Nav Price | 47.46 |
| Net Assets | 1,405,389,950.0 |
| Net Expense Ratio | 0.47 |
| Open | 47.61 |
| Phone | 303-336-3863 |
| Post Market Change | -0.15999985 |
| Post Market Change Percent | -0.33606353 |
| Post Market Price | 47.45 |
| Post Market Time | 1,787,961,415 |
| Previous Close | 47.58 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.0299988 |
| Regular Market Change Percent | 0.0630491 |
| Regular Market Day High | 47.63 |
| Regular Market Day Low | 47.56 |
| Regular Market Day Range | 47.56 - 47.63 |
| Regular Market Open | 47.61 |
| Regular Market Previous Close | 47.58 |
| Regular Market Price | 47.61 |
| Regular Market Time | 1,787,947,200 |
| Regular Market Volume | 155,252 |
| Short Name | Janus Henderson B-BBB CLO ETF |
| Source Interval | 15 |
| Symbol | JBBB |
| Three Year Average Return | 0.0770493 |
| Total Assets | 1,405,389,952 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 1.43824 |
| Trailing Three Month Returns | 1.43824 |
| Triggerable | 1 |
| Two Hundred Day Average | 47.472874 |
| Two Hundred Day Average Change | 0.13712692 |
| Two Hundred Day Average Change Percent | 0.0028885321 |
| Type Disp | ETF |
| Volume | 155,252 |
| Yield | 0.0699 |
| Ytd Return | 2.17693 |