JMBS: Janus Henderson Mortgage-Backed Securities ETF - MutualFunds.com

Welcome to MutualFunds.com

Please help us personalize your experience and select the one that best describes you.

Your personalized experience is almost ready.

Join other Individual Investors receiving FREE personalized market updates and research. Join other Institutional Investors receiving FREE personalized market updates and research. Join other Financial Advisors receiving FREE personalized market updates and research.

Thank you!

Check your email and confirm your subscription to complete your personalized experience.

Thank you for your submission

We hope you enjoy your experience

Channels

Fixed income news, reports, video and more.

Municipal bonds news, reports, video and more.

Practice management news, reports, video and more.

Portfolio management news, reports, video and more.

Retirement news, reports, video and more.

Learn from industry thought leaders and expert market participants.

Deepen your understanding of Responsible Investing.

Enhance retirement outcomes with helpful tactics.

Janus Henderson Mortgage-Backed Sec ETF

JMBS - Snapshot

Vitals

  • YTD Return 3.1%
  • 3 Yr Annualized Return N/A
  • 5 Yr Annualized Return N/A
  • Net Assets $579 M
  • Holdings in Top 10 59.9%

52 WEEK LOW AND HIGH

$53.61
$51.00
$53.97

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.35%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 348.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) N/A
  • IRA N/A

Fund Classification


Compare JMBS to Popular Intermediate-Term U.S. Treasury Bond Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$10.72

0.00%

$27.01 B

1.96%

$0.21

1.61%

-

iShares MBS ETF

MBB | ETF

$110.15

-0.02%

$23.83 B

2.20%

$2.42

1.90%

-

$14.93

-0.13%

$20.00 B

1.13%

$0.17

8.19%

-

-

-

$15.06 B

-

-

6.63%

-

$54.11

-0.02%

$13.38 B

2.04%

$1.10

1.77%

-

JMBS - Profile

Distributions

  • YTD Total Return 3.1%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 3.05%
DIVIDENDS
  • Dividend Yield 2.6%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Janus Henderson Mortgage-Backed Securities ETF
  • Fund Family Name
    Janus Henderson
  • Inception Date
    Sep 12, 2018
  • Shares Outstanding
    10799195
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Nick Childs

Fund Description

The fund seeks to achieve its investment objective by investing mainly in mortgage-related instruments. Under normal circumstances, it will invest at least 80%, and often times substantially all, of its net assets (plus any borrowings for investment purposes) in a portfolio of mortgage-related fixed income instruments of varying maturities. Additionally, the fund may invest in derivatives.


JMBS - Performance

Return Ranking - Trailing

Period JMBS Return Category Return Low Category Return High Rank in Category (%)
YTD 3.1% -0.8% 8.6% 60.43%
1 Yr 5.6% 1.1% 9.0% 33.05%
3 Yr N/A* 1.9% 5.6% N/A
5 Yr N/A* 1.2% 4.0% N/A
10 Yr N/A* 0.6% 5.1% N/A

* Annualized

Return Ranking - Calendar

Period JMBS Return Category Return Low Category Return High Rank in Category (%)
2019 3.3% -48.1% 7.1% 55.60%
2018 N/A -5.4% 0.2% N/A
2017 N/A -2.4% 0.9% N/A
2016 N/A -9.3% 1.4% N/A
2015 N/A -4.5% 3.3% N/A

Total Return Ranking - Trailing

Period JMBS Return Category Return Low Category Return High Rank in Category (%)
YTD 3.1% -0.8% 8.6% 60.43%
1 Yr 5.6% -2.5% 9.0% 30.13%
3 Yr N/A* 1.1% 5.6% N/A
5 Yr N/A* 0.8% 4.0% N/A
10 Yr N/A* 0.6% 5.1% N/A

* Annualized

Total Return Ranking - Calendar

Period JMBS Return Category Return Low Category Return High Rank in Category (%)
2019 3.3% 0.3% 7.1% 59.05%
2018 N/A -3.4% 2.0% N/A
2017 N/A -2.4% 4.6% N/A
2016 N/A -9.3% 1.5% N/A
2015 N/A -4.5% 3.3% N/A

JMBS - Holdings

Concentration Analysis

JMBS Category Low Category High JMBS % Rank
Net Assets 579 M 15.7 M 27 B 68.05%
Number of Holdings 277 10 15289 64.32%
Net Assets in Top 10 435 M 3.11 M 10.5 B 50.21%
Weighting of Top 10 59.86% 9.3% 100.0% 9.69%

Top 10 Holdings

  1. ABN AMRO Bank N.V. 0.1% 23.24%
  2. Government National Mortgage Association 3% 8.15%
  3. Fnma Pass-Thru I 1% 7.56%
  4. Federal National Mortgage Association 3% 6.44%
  5. Federal National Mortgage Association 4% 6.27%
  6. Federal National Mortgage Association 4% 6.19%
  7. Federal National Mortgage Association 4% 5.71%
  8. Federal National Mortgage Association 1.5% 5.48%
  9. Federal National Mortgage Association 3% 5.29%
  10. Federal National Mortgage Association 3% 4.86%

Asset Allocation

Weighting Return Low Return High JMBS % Rank
Bonds
76.68% 52.55% 134.60% 96.68%
Convertible Bonds
23.24% 0.00% 23.24% 0.41%
Cash
0.08% -36.00% 34.17% 82.57%
Stocks
0.00% 0.00% 11.87% 31.95%
Preferred Stocks
0.00% 0.00% 0.46% 32.78%
Other
0.00% -0.86% 21.32% 35.27%

Bond Sector Breakdown

Weighting Return Low Return High JMBS % Rank
Securitized
77.25% 0.00% 100.00% 30.71%
Corporate
22.68% 0.00% 22.68% 0.41%
Cash & Equivalents
0.07% 0.00% 38.62% 94.61%
Derivative
0.00% 0.00% 8.89% 37.76%
Municipal
0.00% 0.00% 14.60% 49.79%
Government
0.00% 0.00% 100.00% 90.87%

Bond Geographic Breakdown

Weighting Return Low Return High JMBS % Rank
US
76.68% 49.70% 134.60% 95.85%
Non US
0.00% 0.00% 5.23% 55.19%

JMBS - Expenses

Operational Fees

JMBS Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.35% 0.03% 2.72% 84.58%
Management Fee 0.30% 0.00% 0.85% 36.51%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.45% N/A

Sales Fees

JMBS Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.00% 4.50% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

JMBS Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 1.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

JMBS Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 348.00% 5.07% 421.00% 96.43%

JMBS - Distributions

Dividend Yield Analysis

JMBS Category Low Category High JMBS % Rank
Dividend Yield 2.63% 0.00% 2.63% 0.41%

Dividend Distribution Analysis

JMBS Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Quarterly Monthly Monthly

Net Income Ratio Analysis

JMBS Category Low Category High JMBS % Rank
Net Income Ratio 3.05% 0.14% 3.60% 1.28%

Capital Gain Distribution Analysis

JMBS Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Dividend Payout History

View More +

JMBS - Fund Manager Analysis

Managers

Nick Childs


Start Date

Tenure

Tenure Rank

Sep 12, 2018

2.14

2.1%

Nick Childs, CFA, joined Janus Capital in 2017. Prior to joining Janus Capital, he was a portfolio manager at Proprietary Capital, LLC from 2012 to 2016, where he managed alternative fixed income strategies specializing in MBS, absolute return investing. Mr. Childs holds a Bachelor of Science degree from the University of Denver. Mr. Childs holds the Chartered Financial Analyst designation.

John Kerschner


Start Date

Tenure

Tenure Rank

Sep 12, 2018

2.14

2.1%

John Kerschner, CFA, is Head of U.S. Securitized Products of Janus Henderson Investors. He also performs duties as a fixed-income analyst. Mr. Kerschner joined Janus Capital in December 2010. Prior to joining Janus Capital, Mr. Kerschner was director of portfolio management at BBW Capital Advisors from 2009-2010 and the Global Head of Credit Investing for Woodbourne Investment Management from 2007-2009.Kerschner is a senior portfolio manager with Smith Breeden. Kerschner joined Smith Breeden in 1994. Mr. Kerschner holds a Bachelor of Science degree (cum laude) in Biology from Yale University and a Master of Business Administration degree from the Fuqua School of Finance at Duke University, where he was designated a Fuqua Scholar. Kerschner holds the Chartered Financial Analyst designation.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 30.05 8.17 5.77
Continue to site >
Trending ETFs