ATLASJanus Henderson Mortgage-Backed Securities ETF (JMBS): outlook, holdings and fees
Janus Henderson Mortgage-Backed Securities ETF (JMBS) is an exchange-traded fund and is managed by Janus Henderson. The expense ratio is 0.21% and the yield is 6.11%. The ten largest holdings are 2% of the fund.
Fund data as of Oct 14, 2026 · Price Nov 2, 2026
ATLAS view on JMBS
| Last price | $43.46 (+0.1%) |
|---|---|
| ATLAS chance of a higher price in 1 month | 65% |
| Likely 1-month range (50%) | $43.25 – $44.16 |
| Normal 1-day range (±1σ) | ±0.4% |
| Distribution yield | 6.11% |
ATLAS probabilities use the same calibrated model as every stock page. A fair value is shown for companies, not funds; the holdings below link to the fair value of each company.
JMBS fund facts
| Issuer | Janus Henderson |
|---|---|
| Theme | Other strategies |
| Assets under management | $6.3B |
| Expense ratio | 0.21% |
| Number of holdings | 11 |
| Portfolio turnover | 49% |
| Inception | Sep 12, 2018 |
| Exchange | NYSE |
The fund seeks to achieve its investment objective by investing mainly in mortgage-related instruments. Under normal circumstances, it will invest at least 80%, and often times substantially all, of its net assets (plus any borrowings for investment purposes) in a portfolio of mortgage-related fixed income instruments of varying maturities. Additionally, the fund may invest in derivatives.
JMBS top holdings
| Holding | Sector | Weight |
|---|---|---|
| Fidelity® MSCI Financials Index ETF FNCL | – | 0.51% |
| ProShares Ultra Russell2000 UWM | – | 0.46% |
| Gladstone Commercial Corporation GOOD | Real Estate | 0.42% |
| POINT Biopharma Global Inc PNT | Healthcare | 0.33% |
| Chimera Investment Corporation CIM | Real Estate | 0.24% |
| Protek Capital Inc. PRPM | Technology | 0.20% |
| New Residential Investment Corp NRZ | Financial | 0.12% |
| Fabrinet FN | Technology | 0.01% |
| First Industrial Realty Trust Inc FR | Real Estate | 0.01% |
| SPDR® S&P Global Natural Resources ETF GNR | – | 0.01% |
Holdings with an ATLAS page link to their probability range, fair value and earnings calendar.
JMBS returns and risk
| Year to date | -3.2% |
|---|---|
| 1 year | -1.8% |
| 3 years (annualised) | +5.0% |
| 5 years (annualised) | -0.1% |
| 10 years (annualised) | 0.0% |
| Volatility (3 years) | 6.6% |
| Sharpe ratio (3 years) | 0.04 |
Past returns do not guarantee future results.
JMBS: frequently asked questions
What does JMBS invest in?
Janus Henderson Mortgage-Backed Securities ETF invests in a portfolio of securities. Its largest holdings are Fidelity® MSCI Financials Index ETF (0.5%), ProShares Ultra Russell2000 (0.5%), Gladstone Commercial Corporation (0.4%), POINT Biopharma Global Inc (0.3%), Chimera Investment Corporation (0.2%).
What is the JMBS expense ratio?
0.21% a year: about $21.00 for every $10,000 invested.
What is the JMBS dividend yield?
6.11%. ATLAS does not hold the exact distribution dates for ETFs.
Will JMBS go up?
Nobody can know. The ATLAS model puts the chance of a higher price in one month at 65%, with a likely range (50%) of $43.25 to $44.16 from $43.46 today. It is a probability, not a prediction.
How has JMBS performed?
Year to date -3.2%, one year -1.8%, three years +5.0% a year, five years -0.1% a year. Past returns do not guarantee future results.
Similar ETFs: Other strategies
- iShares Russell 1000 ETF (IWB)
- Vanguard Extended Market ETF (VXF)
- State Street SPDR S&P MidCap 400 ETF Trust (MDY)
- iShares S&P 100 ETF (OEF)
- iShares Russell 3000 ETF (IWV)
- Vanguard Mortgage-Backed Securities ETF (VMBS)
- State Street SPDR Portfolio S&P 1500 Composite Stock Market ETF (SPTM)
- iShares Preferred and Income Securities ETF (PFF)
Educational information, not investment advice. Disclaimer