Janus Henderson U.S. Equity Enhanced Income ETF (JUDO)

The Janus Henderson U.S. Equity Enhanced Income ETF (JUDO) is an actively managed fund from Janus Henderson Investors that seeks to generate income while maintaining exposure to U.S. stocks.

The strategy combines a portfolio of U.S. equities with an options overlay. Writing call options on stocks or indexes produces premium income, which the fund aims to pay out to shareholders, while the stock portfolio provides participation in market gains up to the limits set by the options sold.

Janus Henderson's investment team manages both the equity selection and the option-writing program, adjusting strike prices and coverage as market conditions change. The approach is meant to offer a different balance of income and growth than a plain stock index fund.