(JBBB) Janus Detroit Street Trust - Overview
Etf: CLO, US-Dollar, Debt, Securitized, Floating-Rate
Dividends
| Dividend Yield | 7.35% |
| Yield on Cost 5y | 8.68% |
| Yield CAGR 5y | 16.42% |
| Payout Consistency | 96.3% |
| Payout Ratio | - |
| Risk 5d forecast | |
|---|---|
| Volatility | 5.17% |
| Relative Tail Risk | -17.8% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | -0.01 |
| Alpha | -2.03 |
| Character TTM | |
|---|---|
| Beta | 0.167 |
| Beta Downside | 0.256 |
| Drawdowns 3y | |
|---|---|
| Max DD | 4.51% |
| CAGR/Max DD | 2.01 |
Description: JBBB Janus Detroit Street Trust January 16, 2026
The Janus Detroit Street Trust – Janus Henderson B-BBB CLO ETF (ticker JBBB) restricts exposure to lower-rated collateralized loan obligations, capping any holdings of CLOs rated BB+ or below at 15% of net assets (or the equivalent credit quality if unrated). The portfolio is concentrated in U.S.-dollar-denominated CLOs, and derivatives may be used solely for hedging existing credit-risk exposures.
Key market metrics that shape JBBB’s performance include: (1) the average weighted yield of U.S. CLOs, which has hovered around 5.2% ± 0.3% in the past 12 months; (2) the fund’s effective duration, typically 3–4 years, making it moderately sensitive to changes in the Federal Reserve’s policy rate; and (3) the sector’s historical default rate, which has been sub-1% for BB-BBB rated tranches over the last decade, indicating relatively low credit-event risk despite the leveraged nature of the underlying loans. Economic drivers such as the Fed’s interest-rate trajectory and corporate credit-spread compression directly affect both the price stability of the underlying CLOs and the hedging cost of any derivatives used.
If you’re looking to deepen your analysis, a quick review of ValueRay’s CLO-sector dashboard can surface additional risk-adjusted performance data and peer comparisons that may help refine your investment thesis.
What is the price of JBBB shares?
Over the past week, the price has changed by -0.06%, over one month by +0.54%, over three months by +1.50% and over the past year by +4.02%.
Is JBBB a buy, sell or hold?
What are the forecasts/targets for the JBBB price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 54.5 | 13.9% |
JBBB Fundamental Data Overview February 03, 2026
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 1.17b USD (1.17b + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
EV/FCF = unknown (FCF TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 1.17b)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 1.17b / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 6.53% (E(1.17b)/V(1.17b) * Re(6.53%) + (debt-free company))
Discount Rate = 6.53% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Fair Price DCF = unknown (Cash Flow 0.0)