# JELM (Janus Henderson Equity Linked Moderate Income ETF)

Janus Henderson · Income ETFs · data as of Nov 12, 2026

Promise check: Delivered. Over the time since its launch to Nov 12, 2026, JELM paid 3.3% in cash and returned 4.1% in total, covering 124.2% of its payout. https://etfiq.com/promise-index/income/

Since launch in Apr 2026, JELM paid 3.3% in cash and returned 4.1% in total.

## Key facts

- JELM, cash paid, since launch, on its starting price: 3.3%, as of Nov 12, 2026.
- JELM, total return, since launch: +4.1%, as of Nov 12, 2026.
- JELM, benchmark: not set, as of Nov 12, 2026.
- JELM, latest payout, annualized on today’s price: 8.4%, as of Nov 12, 2026.
- JELM, last payment (paid monthly), ex-date Oct 30, 2026: $0.1767, as of Oct 30, 2026.
- JELM, net assets: $68m (issuer page, as of Nov 12, 2026).
- JELM, expense ratio: 0.59% (497 XBRL, Apr 24, 2026).

## JELM over each window to Nov 12, 2026

| Window | Total return | Cash paid | Price |
| --- | --- | --- | --- |
| 1 month | −0.5% | 0.7% | −1.2% |
| 3 months | +1.0% | 2.0% | −1.0% |
| 6 months | +3.6% | 3.3% | +0.3% |
| Since launch | +4.1% | 3.3% | +0.8% |

## JELM key stats

- High since Apr 22, 2026, daily closes to Nov 12, 2026: $25.91 on Sep 16, 2026 (computed by ETFIQ from Tiingo daily prices)
- Low since Apr 22, 2026, daily closes to Nov 12, 2026: $25.00 on Apr 27, 2026 (computed by ETFIQ from Tiingo daily prices)
- Close on Nov 12, 2026, within that range: $25.32, 35% of the way from the low to the high (computed by ETFIQ from Tiingo daily prices)

## JELM return of capital and tax

- Options it writes (holdings as of Jul 31, 2026): Option exposure through swaps or notes, not listed options
- Rule 19a-1 notices: not read by ETFIQ
- Return of capital, annual report: not yet filed

Not tax advice.

## JELM trading

- Not scored.
- $1,000: about $2.40, 0.24%, one way.
- $10,000: about $24, 0.24%, one way.
- The full trading page: https://etfiq.com/funds/jelm/trading/

## JELM for holders outside the US

- US tax withheld on dividends, no treaty: 30% (<https://www.irs.gov/pub/irs-lbi/tax-treaty-table-1.pdf>)
- Treaty rates on dividends (IRS table, read Oct 30, 2026): 65 countries, 10% to 30% (<https://www.irs.gov/individuals/international-taxpayers/tax-treaty-tables>)
- JELM interest-related and short-term gain dividends: not read by ETFIQ
- US estate tax filing threshold, non-resident holders: $60,000 (<https://www.irs.gov/instructions/i706na>)
- Share class: Distributing (<https://etfiq.com/learn/non-us-holders>)

Facts from the IRS, not tax advice.

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Strategy | option income | ETFIQ |
| Benchmark | Not set | ETFIQ |
| How the benchmark is set | ETFIQ sets no benchmark for it. JELM has no published holdings, and its prospectus names no one reference, so none could be read. | ETFIQ |
| Pays | monthly | ETFIQ |
| Net assets | $68m | issuer page, as of Nov 12, 2026 |
| Latest payout, annualized | 8.4% | ETFIQ |
| Expense ratio | 0.59% | 497 XBRL, Apr 24, 2026 |
| Cash paid, since launch, Apr 22, 2026, over today’s price | 3.2% | ETFIQ |
| First traded | Apr 22, 2026 | ETFIQ |
| Pays | monthly | ETFIQ |
| Typical gap between ex-dates | 31 days | ETFIQ |
| Typical wait from ex-date to payment | 2 days | ETFIQ |
| Last paid, per share | $0.1767 ex Oct 30, 2026 | ETFIQ |
| Cash paid in the 12 months to Nov 12, 2026, 6 distributions, ex May 29, 2026 to Oct 30, 2026 | $0.821 | ETFIQ |

## Questions

### How much has JELM paid since it launched?

Over the period from its first trade on Apr 22, 2026 to Nov 12, 2026, JELM paid 3.3% of its starting price in cash distributions, while the price rose 0.8%.

### How often does JELM pay, and how much?

JELM pays monthly. The latest distribution annualizes to 8.4% at its price on Nov 12, 2026, which is not a promise; the next one can differ.

### When does JELM next pay a distribution?

JELM pays monthly. The last distribution went ex on Oct 30, 2026 at $0.1767 a share. The next is not declared; on a cadence of about 31 days the ex-date falls near Nov 30, 2026, which is an ETFIQ projection. Payment usually follows the ex-date by 2 days.

### What does JELM cost?

The prospectus expense ratio is 0.59% a year.


## Cite this page

ETFIQ, JELM, income ETFs, data as of Nov 12, 2026. https://etfiq.com/funds/jelm
Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms. The underlying files are at <https://etfiq.com/data/>.

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