JMBS
Janus Henderson Mortgage-Backed Securities ETF
📎 Investment Objective
The Janus Henderson Mortgage-Backed Securities ETF (JMBS) seeks to provide current income by investing primarily in mortgage-backed securities.
Overview
ETF tracking Janus Henderson Mortgage-Backed Securities ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Janus Henderson Mortgage-Backed Securities ETF (JMBS) seeks to provide current income by investing primarily in mortgage-backed securities.
🎯 Investment Strategy
The fund invests at least 80% of its net assets in mortgage-backed securities, which are debt securities backed by residential or commercial mortgages. The portfolio manager aims to construct a diversified portfolio of mortgage-backed securities to generate current income.
✨ Key Features
- Focuses on mortgage-backed securities, which are backed by residential or commercial mortgages
- Seeks to provide current income through exposure to the mortgage-backed securities market
- Actively managed by an experienced portfolio management team
- Low expense ratio of 0.00%
⚠️ Primary Risks
- Interest rate risk: The value of mortgage-backed securities may decline when interest rates rise
- Prepayment risk: Homeowners may refinance or pay off their mortgages sooner than expected, impacting the fund's returns
- Credit risk: The underlying mortgages may default, leading to losses for the fund
- Liquidity risk: Mortgage-backed securities may become difficult to sell, especially during periods of market stress
👤 Best For
This ETF may be suitable for investors seeking current income and exposure to the mortgage-backed securities market. It may be appropriate as a component of a diversified fixed-income portfolio, particularly for investors with a medium-term investment horizon and a moderate risk tolerance.