JFLEX: Janus Henderson Flexible Bond I

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JFLEX Janus Henderson Flexible Bond I


Profile

JFLEX - Profile

Vitals

  • YTD Return 2.5%
  • 3 Yr Annualized Return 1.5%
  • 5 Yr Annualized Return 0.3%
  • Net Assets $4.05 B
  • Holdings in Top 10 18.2%

52 WEEK LOW AND HIGH

$10.82
$10.01
$10.83

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.52%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 219.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $1,000,000
  • IRA N/A

Fund Classification


Distributions

  • YTD Total Return 2.5%
  • 3 Yr Annualized Total Return 1.5%
  • 5 Yr Annualized Total Return 0.3%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 3.17%
DIVIDENDS
  • Dividend Yield 0.2%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Janus Henderson Flexible Bond Fund
  • Fund Family Name
    Janus Henderson
  • Inception Date
    Jul 06, 2009
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Michael Keough

Fund Description

The fund normally invests at least 80% of its net assets (plus any borrowings for investment purposes) in bonds. Bonds include, but are not limited to, government notes and bonds, corporate bonds, convertible bonds, commercial and residential mortgage-backed securities, and zero-coupon bonds. It will invest at least 65% of its assets in investment grade debt securities. The fund will limit its investment in high-yield/high-risk bonds, also known as "junk" bonds, to 35% or less of its net assets.


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Categories

Fund Company Quick Screens

JFLEX - Fund Company Quick Screens


Performance

JFLEX - Performance

Return Ranking - Trailing

Period JFLEX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.5% -3.1% 10.6% 42.84%
1 Yr 8.1% -3.3% 26.9% 12.24%
3 Yr 1.5%* -4.7% 5.9% 49.26%
5 Yr 0.3%* -5.6% 12.5% 50.31%
10 Yr 0.3%* -5.2% 3.9% 65.71%

* Annualized

Return Ranking - Calendar

Period JFLEX Return Category Return Low Category Return High Rank in Category (%)
2019 6.2% -1.7% 18.3% 15.44%
2018 -4.0% -11.7% 4.6% 81.96%
2017 0.6% -6.0% 8.3% 67.23%
2016 -0.1% -7.8% 7.7% 42.64%
2015 -2.5% -18.3% 3.0% 74.41%

Total Return Ranking - Trailing

Period JFLEX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.5% -3.1% 10.6% 42.02%
1 Yr 8.1% -3.3% 26.9% 12.17%
3 Yr 1.5%* -4.7% 8.1% 55.85%
5 Yr 0.3%* -5.6% 12.5% 60.89%
10 Yr 1.1%* -5.2% 7.0% 35.84%

* Annualized

Total Return Ranking - Calendar

Period JFLEX Return Category Return Low Category Return High Rank in Category (%)
2019 6.2% -1.7% 18.3% 15.98%
2018 -4.0% -11.7% 6.5% 85.24%
2017 0.6% -6.0% 10.4% 72.31%
2016 -0.1% -7.8% 10.7% 48.35%
2015 -2.5% -12.6% 4.2% 81.01%

NAV & Total Return History


Holdings

JFLEX - Holdings

Concentration Analysis

JFLEX Category Low Category High JFLEX % Rank
Net Assets 4.05 B 690 K 259 B 17.40%
Number of Holdings 483 1 17668 34.05%
Net Assets in Top 10 743 M -216 M 21.4 B 14.29%
Weighting of Top 10 18.23% 2.5% 100.0% 58.76%

Top 10 Holdings

  1. United States Treasury Bonds 2.25% 2.93%
  2. United States Treasury Notes 1.75% 2.79%
  3. United States Treasury Notes 2.38% 2.77%
  4. United States Treasury Notes 2% 2.22%
  5. Federal National Mortgage Association 3% 1.98%
  6. United States Treasury Notes 2.38% 1.35%
  7. Government National Mortgage Association 4% 1.24%
  8. Government National Mortgage Association 0% 1.18%
  9. United States Treasury Bonds 3% 0.92%
  10. Government National Mortgage Association 0% 0.84%

Asset Allocation

Weighting Return Low Return High JFLEX % Rank
Bonds
94.84% 80.02% 159.74% 70.67%
Cash
4.78% -59.74% 19.63% 22.79%
Convertible Bonds
0.24% 0.00% 7.23% 39.59%
Preferred Stocks
0.15% 0.00% 7.43% 8.57%
Stocks
0.00% -0.98% 25.43% 92.82%
Other
0.00% -8.60% 31.85% 90.46%

Bond Sector Breakdown

Weighting Return Low Return High JFLEX % Rank
Corporate
42.90% 0.00% 99.62% 13.33%
Securitized
37.29% 0.00% 98.40% 20.11%
Government
15.03% -2.21% 122.41% 39.98%
Cash & Equivalents
4.78% -29.57% 27.25% 25.33%
Derivative
0.00% -0.83% 22.35% 93.96%
Municipal
0.00% 0.00% 100.11% 98.61%

Bond Geographic Breakdown

Weighting Return Low Return High JFLEX % Rank
US
92.83% 58.28% 156.78% 51.23%
Non US
2.01% -12.35% 26.76% 58.52%

Expenses

JFLEX - Expenses

Operational Fees

JFLEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.52% 0.01% 38.00% 79.20%
Management Fee 0.40% 0.00% 1.10% 57.27%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.00% 0.50% N/A

Sales Fees

JFLEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.50% 5.75% N/A
Deferred Load N/A 0.25% 5.50% N/A

Trading Fees

JFLEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.50% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

JFLEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 219.00% 0.00% 489.00% 93.72%

Distributions

JFLEX - Distributions

Dividend Yield Analysis

JFLEX Category Low Category High JFLEX % Rank
Dividend Yield 0.24% 0.00% 3.43% 51.38%

Dividend Distribution Analysis

JFLEX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Quarterly Monthly Monthly

Net Income Ratio Analysis

JFLEX Category Low Category High JFLEX % Rank
Net Income Ratio 3.17% 0.00% 6.30% 19.34%

Capital Gain Distribution Analysis

JFLEX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Dividend Payout History

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Fund Manager Analysis

JFLEX - Fund Manager Analysis

Managers

Michael Keough


Start Date

Tenure

Tenure Rank

Dec 31, 2015

4.09

4.1%

Michael Keough is a Portfolio Manager at Janus Henderson Investors, responsible for co-managing the Core Plus, U.S. Corporate Credit, Intermediate Fixed Income, and Long Duration strategies. Mr. Keough joined Janus as a research analyst in January 2007. Prior to his investment management career, he served as a captain in the United States Air Force working as a defense acquisition officer. Mr. Keough received his bachelor of science degree in business management from the United States Air Force Academy, where he was recognized as a Distinguished Graduate in the management department.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.02 33.19 7.42 0.08