Janus Henderson Equity Linked Moderate Income ETF JELM | CBOE

Company Info

Janus Henderson Equity Linked Moderate Income ETF (JELM) had its IPO on , and is traded on CBOE stock exchange.

Janus Henderson Equity Linked Moderate Income ETF is an actively managed exchange-traded fund designed to seek high current income through innovative structured income strategies. It provides investors with access to a diversified portfolio of equity-linked instruments, including autocallable and stability equity-linked notes (ELNs) as well as swaps that replicate ELN payout structures. These instruments offer exposure to single stocks, single indices, and index baskets, while incorporating downside barrier mitigation features to reshape the traditional risk-return tradeoff by harvesting equity volatility. Unlike conventional bonds or dividend stocks, the ETF packages professionally managed equity-linked strategies that aim for differentiated income with reduced principal risk under certain conditions. Managed by an experienced team with deep expertise in derivatives and structured credit, the fund diversifies across underlying equities, bank counterparties, and maturities to balance yield, volatility, correlation, and credit exposure. It serves income-focused investors, advisors, and institutions looking for alternatives to traditional fixed income and equity investments in today's markets.

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