ETFs & Mutual Funds
Biggest CLO ETF Jumps Past $20 Billion as Assets Surge
- Janus AAA CLO fund has gained nearly $4 billion in 2025
- Biggest CLO ETFs are picking up record inflows from investors
This article is for subscribers only.
Assets in the world’s largest exchange-traded fund tracking collateralized loan obligations rose above $20 billion for the first time less than five years after its launch, fueled by investors seeking exposure to floating rates.
The Janus Henderson AAA CLO ETF (ticker JAAA) has added nearly $4 billion from the start of the year and stood at $20.2 billion on Feb. 6, data compiled by Bloomberg show. That’s helped Janus extend its lead over the CLO fund pack, where it’s around ten times larger than its closest competitor, the roughly $2 billion PGIM AAA CLO ETF (PAAA).