VNLA – Janus Short Duration Income ETF

Seeking Attractive Returns and Steady Income

NAV: $50.16

1-Day Change: $0.00 (0.00%)

As of market close 4/27/17
  • ACTIVE
  • QUICK FACTS (VNLA)

    Pricing Data (As of market close 04/27/17)
    Closing Market Price$50.19
    Bid/Ask Midpoint$50.18
    Day High$50.20
    Day Low$50.16
    Trading Volume (Shares)11,670
    Premium/Discount (%)0.04%
    Shares Outstanding1.00M
    Yield & Expenses

    Distribution Yield at NAV
    (As of 03/31/2017)

    0.63%
    30 Day SEC Yield
    (As of 3/31/17)
    1.61%
    Distribution FrequencyMonthly
    Total Net Assets
    (As of 4/27/17)
    $50.16M
    Annual Expense Ratio
    (Estimated)
    GROSS 0.35%
    NET 0.35%
    Fund Details
    Inception Date 11/16/2016
    CUSIP 47103U886
    Category
    Morningstar (As of 03/31/2017)
    US Fund World Bond
    Intraday Value (IOPV) VNLAIV
    Exchange NYSE
    Primary Benchmark 3-Month USD LIBOR

    ETF Objective

    Janus Short Duration Income ETF (VNLA) seeks to provide a steady income stream with capital preservation across various market cycles. The Fund seeks to consistently outperform the LIBOR 3-month rate by a moderate amount through various market cycles while at the same time providing low volatility.

    Overview

    Janus Short Duration Income ETF is an actively managed fixed income ETF with the potential to deliver returns above cash. The strategy seeks to provide a steady income stream with low volatility and capital preservation across economic cycles. Rather than tracking a benchmark, the Fund is designed to move beyond conventional constraints and provide positive absolute returns. The strategy can also act as a traditional fixed income diversifier and potentially reduce risk in an investor’s portfolio.

    Why Invest in VNLA

    Seeks Attractive Returns Above Cash

    The strategy combines an actively managed core portfolio of predominantly high quality investment grade fixed income assets, diversified across sectors and geographies, with high conviction tactical trades. We target positive, absolute returns by seeking to select fixed-income instruments that can provide a return of 2% to 3% above 3-Month USD LIBOR (a proxy for cash), while aiming to preserve capital.

    Low Volatility Approach

    We seek to provide an uncorrelated return profile to traditional fixed income that focuses on downside mitigation. Our low-volatility approach means investors may consider the strategy as an alternative to single sector and fixed-term passive options or as a way to put cash to work for potentially higher yield.

    Nimble and Flexible

    The team applies its experience in absolute return bond investing to seek out value and return potential in different market environments. We are free to take advantage of unique opportunities within countries and sectors that may be overlooked or underrepresented in market indices.

    PORTFOLIO MANAGEMENT

    Nick Maroutsos

    Nick Maroutsos

    Portfolio Manager since 2016
    Industry since 1999

    Dan Kozlowski

    Daniel Siluk

    Portfolio Manager since 2016
    Industry since 2003