Nov. 02, 2025 9:53 PM ETJanus Henderson B-BBB CLO ETF (JBBB)JBBBBinary Tree Analytics5.42K FollowersSummaryJBBB, a robust exchange-traded fund, currently faces significant headwinds from lower rates and tight spreads.Investors should focus on undervalued assets and avoid those with multiple negative factors, as is the case with JBBB.JBBB has underperformed in 2025, barely producing the total return of a portfolio of treasuries.With BBB CLO prices at historic highs, there is significant downside going into 2026 in case of a recession.Andrii Dodonov/iStock via Getty ImagesThesisOk, the title might be a bit dramatic, but it does its job of highlighting an asset class that is only facing headwinds. As an investor and individual, you want to buy assets or objects that are undervalued (thinkThis article was written byBinary Tree Analytics5.42K FollowersWith an investment banking cash and derivatives trading background, Binary Tree Analytics ('BTA') aims to provide transparency and analytics in respect to capital markets instruments and trades. BTA focuses on CEFs, ETFs and Special Situations, and aims to deliver high annualized returns with a low volatility profile. We have been investing for over 20 years after obtaining a Finance major at a top university.Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.Comments