JELM ETF — Janus Henderson Equity Linked Moderate Income ETF

Janus Henderson Equity Linked Moderate Income ETF (JELM)

JELM is an ETF. its distribution rate is 7.59%, its trailing-12-month yield is 1.83%, its expense ratio is 0.59%. Dividend Vision Distribution Safety Score™ is 50/100 (Unproven). Total return is 3.2% over the past 0.4 years, 4.4 points behind SPY at 7.6%.

At the current 7.59% distribution rate, a $10,000 investment would generate approximately $759 per year, or $63.25 per month.

Janus Henderson Equity Linked Moderate Income ETF is an equity ETF that seeks to generate income through an options-based strategy on equity holdings. The fund distributes income at a high current rate with a 0.59% expense ratio. It appeals to income-focused investors seeking regular distributions from an equity-based strategy.

JELM performance versus SPY

Price and return data through 2026-09-18.

Total return is 3.2% over the past 0.4 years, 4.4 points behind SPY at 7.6%.

JELM key facts

Distribution Safety Score™

50 · Unproven

Issuer

Janus Henderson

Asset type

ETF

Asset class

Equity

Expense ratio

0.59%

Distribution rate

7.59%

Distribution frequency

Monthly

Trailing yield

1.83%

Last close

$25.61 (as of 2026-09-18)

NAV

$25.47

Premium / discount

0.55% premium

AUM

$56,039,632

Average volume

6361.0

Last dividend

$0.162

Last ex-dividend date

08/31/2026 (as of 2026-08-31)

Last payment date

09/04/2026 (as of 2026-09-04)

How Dividend Vision calculates yield and returns

Distribution rate (7.59%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (1.83%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Janus Henderson or company page; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

JELM risks and drawbacks

Total return has trailed SPY over the available window.

Who may consider JELM — and who may not

It is a weaker fit for investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

Frequently asked questions

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