Janus Detroit Street Trust-Janus Henderson B-BBB CLO ETF

JBBB is an actively managed fund of floating-rate collateralized loan obligations (CLOs) of varying maturities, rated between BBB+ and B- from global issuers.

Janus Henderson AAA CLO ETF

The Janus Henderson CLO ETFs offer investors opportunities to invest in higher spread, lower risk loans. Rising default rates are affecting credit differently across the board, and CLOs show strength that other fixed income products have not. The comparison to investment grade corporate bonds shows CLOs as clear winners, with quality credit shining above lower quality.

JAAA & JBBB: Why I'm Still Favoring Quality Credit

Apollo Senior Floating Rate Fund

VanEck Vectors BDC Income ETF

Panagram Bbb-B Clo Etf

Franklin Senior Loan ETF

iShares Floating Rate Bond ETF

WisdomTree Bloomberg Floating Rate Treasury Fund

XAI Octagon Floating Rate & Alternative Income Term Trust

Floating rate securities have strong yields, low duration, and have significantly outperformed YTD. There are several strong floating rate funds available to investors. Credit risk varies, but there are options with minimal risk and high yields in the floating rate space.

The Best Floating Rate Funds For Income Investors And Retirees

The Janus Henderson BBB CLO ETF provides exposure to floating-rate CLO tranches rated from B to BBB. CLOs have historically had better credit performance than similarly rated corporate bonds, but with rising interest rates and increasing corporate bankruptcies, their credit performance may be at risk. The JBBB ETF can be thought of as a leveraged play on senior bank loans - BKLN. Depending on your forward views on credit, JBBB can be attractive or unattractive.

JBBB: Leveraged Play On Bank Loans

Invesco Senior Loan ETF

 SPDR Blackstone Senior Loan ETF

Federal Reserve hikes have led to strong dividend growth in most variable rate securities and funds. Two of these are senior loans and CLO debt tranches. A look at the similarities, and differences, between these two asset classes follows.

Senior Loans Or CLO Debt, Which Is Best For Income Investors And Retirees?

Collateralized loan obligations, or CLOs, offer investors good growing dividends and low interest rate risk. Their performance since inception has been outstanding, if somewhat short. A quick look at 3 CLO ETFs follows.

The Best 3 CLO ETFs For Income Investors And Retirees

Blue Owl Capital Corp

The market has grudgingly adjusted to a higher-for-longer short-term rate environment. This, along with an inverted yield curve, means that floating-rate income securities remain compelling holdings. We highlight a number of attractive double-digit yielding securities across ETFs, BDCs, and preferreds.

Higher For Longer Means Opportunities In 10%+ Yielding Floating-Rate Securities

Nuveen Credit Strategies Income Fund

Oxford Lane Capital

Oxford Lane Capital Corp 6.75 % Cum Red Pfd Shs Series -2024-

Oxford Lane Capital Corp 7 1/2 % Term Cum Pfd Shs Series -2023-

We review CEF market valuation and performance through the second week of August and highlight recent market action. CEFs rallied slightly on the week but remain in the hold in August. CEF distribution changes may affect the historical relative value relationships of similar funds.

CEF Weekly Review: Distribution Changes And Discount Relationships

JAAA and JBBB are both actively-managed ETFs investing in senior loan CLO tranches. JAAA focuses on AAA tranches, JBBB on BBB. A comparison of these two funds follows.

JAAA Vs. JBBB: Which CLO ETF Is Best For Income Investors And Retirees?

Arlington Asset Investment

Annaly Capital

Saratoga Investment

Siriuspoint Ltd

We take a look at the action in preferreds and baby bonds through the first week of July and highlight some of the key themes we are watching. Preferreds were down on the week as higher Treasury yields took their toll. We discuss some of the differences between preferreds and funds with a case study of floating-rate NLY.PF and JBBB.

Preferreds Weekly Review: Preferreds Vs. Fund Considerations

Global X Interest Rate Hedge ETF

JBBB offers a strong and growing 7.1% yield, making it an attractive income investment option. JBBB has low interest rate risk and below-average credit risk, providing a good risk-return profile for investors. The fund compares favorably to its peers in terms of yield, credit risk, and interest rate risk, making it a solid buy.

JBBB: BBB CLO ETF, Low Interest Rate Risk, Growing 7.1% Yield

As Baron Rothschild once said: "Invest when there's blood in the streets". The credit markets seem to have some blood in them too, and we are seeing continuing bargains in high yield corporate credit.

JBBB And CLOZ: Safer, Higher-Rated CLO Debt Paying In The Double-Digits

Ares Dynamic Credit Allocation Fund

Blackrock AAA CLO ETF

The broader CLO sector remains an attractive income destination for not just its high yields but also its historical resilience. We take a look at the different ways investors can choose to allocate to the sector across the risk and yield spectrum.

Our 8-10% Yielding Picks And Pans In The CLO Sector

JBBB is an exchange traded fund focusing on BBB rated CLO paper. The vehicle IPO-ed only recently, namely in January 2022.

JBBB: A Nice BBB CLO Offering From Janus Henderson, 7.4% Yield

Eagle Point Income Company Inc

The CLO asset class is worth a look by income investors due to its strong historic profile, high yields and rising income levels. The asset class offers a wide variety of securities across the entire risk spectrum, with yields from mid-single-digit to double-digit levels.

These High-Yielding CLO Securities Are Finally Worth Holding

Western Asset Mortgage Opportunity Fund

Angel Oak Financial Strategies Income Term Trust

Golub Capital BDC

SPDR Bloomberg High Yield Bond ETF

The income market has gyrated widely this year in response to changing market conditions and Fed's stance. We discuss why we didn't chase the June-August rally and why we are now seeing value reemerge in this latest bout of weakness.

Income Opportunities Come Back In The Triple Dip

Vaneck CLO ETF

Nuveen Mortgage Opportunity Term Fund

Most bread-and-butter income sectors took significant losses this year and this includes high-quality sectors like investment-grade bonds which normally outperform in weakness. In this article, we highlight a trio of niche and overlooked income sectors: CLO debt, asset-backed securities, and non-agency residential mortgages.

Attractive Income Opportunities In Niche And Resilient Sectors

It's the first CLO ETF that can invest in junk-rated debt

News for Janus Detroit Street Trust-Janus Henderson B-BBB CLO ETF ETF (JBBB)