Key stats
About Janus Detroit Street Trust Janus Henderson Emerging Markets Debt Hard Currency ETF
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Inception date
Aug 13, 2024
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Janus Henderson Investors US LLC
Distributor
ALPS Distributors, Inc.
JEMB focuses on emerging market debt, denominated in stable hard currencies like the USD or Euro. The strategy aims to capitalize on the growth potential of emerging markets while mitigating currency risk through hard currency exposure. Investments include government, quasi-sovereign, and corporate bonds, as well as asset- and mortgage-backed securities. Specifically, the portfolio can allocate up to 30% to corporate debt and up to 10% to ABS, MBS, contingent convertible bonds, and distressed securities. Additionally, the fund manages risk through derivatives, such as forward currency contracts and interest rate futures, and may invest up to 20% of its assets in total return swaps. Portfolio managers make investment decisions using a bottom-up approach to select securities and adapt to market conditions. Currency exposure is primarily hedged to the US dollar, though the fund may hold other hard currencies. Up to one-third of the funds assets may be allocated to lending.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Government
Corporate
Bonds, Cash & Other100.00%
Government72.29%
Corporate25.30%
Cash2.42%
Stock breakdown by region
Latin America32.51%
Middle East17.78%
Africa15.16%
Europe14.75%
Asia10.04%
North America9.76%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
JEMB invests in bonds. The fund's major sectors are Government, with 72.29% stocks, and Corporate, with 25.30% of the basket. The assets are mostly located in the Latin America region.
JEMB shares are issued by Janus Henderson Group Plc under the brand Janus Henderson. The ETF was launched on Aug 13, 2024, and its management style is Active.
JEMB expense ratio is 0.52% meaning you'd have to pay 0.52% of your investment to help manage the fund.
JEMB follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
JEMB invests in bonds.