Janus Henderson US Short-Term High Yield Bond UCITS ETF

Issuer: Janus Henderson

Asset Class: Fixed Income

TER: 40bps

Trading Currency: GBP

Pays Income: False

Listing Date: 08 May 2026

Ticker: JSHG

ISIN: IE0008C3G0Y9

This actively managed fund offers a targeted approach to the US high-yield corporate bond market, focusing specifically on short-duration securities. The primary objective is to generate a high level of income while actively managing risk to preserve capital. By leveraging a team of experienced credit analysts, the strategy employs a rigorous, bottom-up security selection process. This allows for dynamic positioning and the ability to navigate changing market conditions, distinguishing it from passive, index-tracking alternatives. The emphasis is on identifying fundamentally sound companies that offer attractive yields relative to their credit risk.

The portfolio is constructed primarily from US dollar-denominated high-yield corporate bonds with shorter maturities, typically targeting an average portfolio duration of around two to three years. This short-duration focus is a key strategic element, designed to reduce the portfolio's sensitivity to fluctuations in interest rates, which can be a significant source of volatility for fixed-income investments. The fund mainly invests in securities rated BB and B, aiming to capture the enhanced yield potential of this segment of the credit market while avoiding the most speculative, lower-rated debt. This approach seeks to provide investors with a compelling income stream coupled with reduced interest rate risk compared to broader high-yield market exposure. This strategy is well-suited for income-seeking investors who are mindful of potential interest rate volatility and prefer an active approach to credit selection.