Janus Capital Group, Inc. announced the launch of the Janus Short Duration Income ETF (VNLA), its first actively managed, fixedincome exchange traded fund.
The Janus Short Duration Income ETF seeks a steady income stream and capital preservation across various market cycles, by selecting fixed income instruments that can provide a 2%-3% return above the three-month LIBOR rate.
Rather than tracking a benchmark, the fund is designed to move beyond conventional constraints and provide positive absolute returns. It represents an expansion of Janus’ global macro fixed income lineup and can be used as a traditional core fixed income diversifier which can also reduce risk in an investor’s portfolio.
Nick Maroutsos and Daniel Siluk, on Janus’ Global Macro Fixed Income Team, are portfolio managers of the ETF. Members of the team have been managing short duration income strategies together for almost 10 years, and VNLA is an extension of that core expertise.
“The key in short duration bond investing is to capitalize on structural inefficiencies in fixedincome markets,” Maroutsos said. “We believe we can better position this fund to outperform through market cycles by actively looking for value across sectors and geographies using a wide range of fixedincome instruments.”
The Short Duration Income ETF represents an expansion of Janus’ global macro fixed income lineup.
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