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Posted by
Two Blokes Jun 18 -
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Stock
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Janus Henderson AAA CLO ETF provides a strong yield pickup over Treasury floating-rate ETFs like TFLO, with near-zero duration due to its floating-rate structure. The ETF invests only in AAA-rated CLO tranches, which have experienced zero defaults over 30 years. Even under stressed conditions, default rates would need to be historically extreme and sustained to eliminate outperformance.