JMUSX: Janus Henderson Multi-Sector Income S

Welcome to MutualFunds.com. Please help us personalize your experience.

Select the one that best describes you

Your personalized experience is almost ready.

Join other Individual Investors receiving FREE personalized market updates and research. Join other Institutional Investors receiving FREE personalized market updates and research. Join other Financial Advisors receiving FREE personalized market updates and research.

Thank you!

Check your email and confirm your subscription to complete your personalized experience.

Thank you for your submission, we hope you enjoy your experience

Channels

Find the latest content and information here about the 2019 Charles Schwab Impact Conference.

Advisors

Receive email updates about fund flows, news, upcoming CE accredited webcasts from industry thought leaders and more.

Content focused on helping financial advisors build successful client relationships and grow their business.

Content geared towards helping financial advisors build better client portfolios.

Get insights on the industry trends and investment news from leading fund managers and experts.

JMUSX Janus Henderson Multi-Sector Income S

  • Fund
  • JMUSX
  • Price as of: Jan 17, 2020
  • $10.02
    - $0.00 - 0.00%

Profile

JMUSX - Profile

Vitals

  • YTD Return 0.5%
  • 3 Yr Annualized Return 0.8%
  • 5 Yr Annualized Return 0.4%
  • Net Assets $2.19 B
  • Holdings in Top 10 10.6%

52 WEEK LOW AND HIGH

$10.02
$9.52
$10.04

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.36%

SALES FEES

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

BROKERAGE FEES

  • Turnover 142.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $2,500
  • IRA $500

Fund Classification

  • Primary Caregory
  • Fund Type Open End Mutual Fund
  • Investment Style Multisector Bond

Distributions

  • YTD Total Return 0.5%
  • 3 Yr Annualized Total Return 1.0%
  • 5 Yr Annualized Total Return 0.5%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 4.47%
DIVIDENDS
  • Dividend Yield 2.5%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Janus Henderson Multi-Sector Income Fund Class S
  • Fund Family Name
    Janus Henderson
  • Inception Date
    Feb 28, 2014
  • Shares Outstanding
    N/A
  • Share Class
    S
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    John Lloyd

Fund Description

The fund pursues its investment objective by primarily investing, under normal circumstances, in a multi-sector portfolio of U.S. and non-U.S. debt securities of varying maturities that the portfolio managers believe have high income potential. It may invest up to 65% of its net assets in below investment grade securities.


Get Updates About JMUSX

Sign up for Advisor Access to receive email updates about JMUSX competitors, news, CE accredited webcasts and more.

Please Enter Your Email
Please Select Your Advisor Type

Categories

Fund Company Quick Screens

JMUSX - Fund Company Quick Screens


Performance

JMUSX - Performance

Return Ranking - Trailing

Period JMUSX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.5% -2.4% 4.6% 58.45%
1 Yr 5.3% -36.6% 178.5% 47.28%
3 Yr 0.8%* -34.6% 40.7% 53.85%
5 Yr 0.4%* -34.3% 21.5% 43.82%
10 Yr N/A* -3.6% 8.7% N/A

* Annualized

Return Ranking - Calendar

Period JMUSX Return Category Return Low Category Return High Rank in Category (%)
2019 5.6% -35.1% 177.6% 56.56%
2018 -4.0% -48.0% 0.8% 15.72%
2017 0.8% -14.8% 11.2% 81.57%
2016 2.4% -11.2% 19.1% 67.03%
2015 -2.9% -51.1% 4.0% 8.30%

Total Return Ranking - Trailing

Period JMUSX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.5% -2.4% 4.6% 58.45%
1 Yr 5.3% -36.6% 178.5% 52.44%
3 Yr 1.0%* -34.6% 40.7% 68.90%
5 Yr 0.5%* -34.3% 22.2% 55.78%
10 Yr N/A* -3.6% 8.7% N/A

* Annualized

Total Return Ranking - Calendar

Period JMUSX Return Category Return Low Category Return High Rank in Category (%)
2019 5.6% -35.1% 177.6% 58.31%
2018 -4.0% -48.0% 4.8% 38.68%
2017 1.4% -14.8% 14.0% 80.55%
2016 2.6% -11.2% 22.5% 75.27%
2015 -2.9% -51.1% 4.0% 28.22%

NAV & Total Return History


Holdings

JMUSX - Holdings

Concentration Analysis

JMUSX Category Low Category High JMUSX % Rank
Net Assets 2.19 B 100 K 134 B 25.77%
Number of Holdings 498 6 7570 44.66%
Net Assets in Top 10 190 M -42.1 B 5.96 B 39.04%
Weighting of Top 10 10.61% 4.5% 410.5% 80.90%

Top 10 Holdings

  1. Federal National Mortgage Association 0% 2.24%
  2. Federal National Mortgage Association 0% 1.56%
  3. Federal National Mortgage Association 0% 1.13%
  4. Federal National Mortgage Association 0% 1.11%
  5. Federal National Mortgage Association 3.5% 0.93%
  6. CSC Holdings, LLC 5.75% 0.76%
  7. UBM PLC 5.75% 0.73%
  8. UPSTART SECURITIZATION TRUST 2019-2 4.78% 0.73%
  9. Aleris International, Inc. 10.75% 0.72%
  10. FREEPORT-MCMORAN INC 3.55% 0.70%

Asset Allocation

Weighting Return Low Return High JMUSX % Rank
Bonds
89.51% 31.46% 157.00% 60.34%
Cash
9.75% -76.54% 45.73% 22.19%
Stocks
0.51% -1.77% 22.96% 32.12%
Preferred Stocks
0.22% 0.00% 54.19% 44.66%
Other
0.00% -32.79% 26.24% 72.19%
Convertible Bonds
0.00% 0.00% 11.31% 94.38%

Stock Sector Breakdown

Weighting Return Low Return High JMUSX % Rank
Financial Services
100.00% 0.00% 100.00% 1.93%
Utilities
0.00% 0.00% 100.00% 81.47%
Technology
0.00% 0.00% 48.41% 76.45%
Real Estate
0.00% 0.00% 100.00% 72.97%
Industrials
0.00% 0.00% 100.00% 80.31%
Healthcare
0.00% 0.00% 80.24% 77.22%
Energy
0.00% 0.00% 100.00% 87.64%
Communication Services
0.00% 0.00% 100.00% 78.38%
Consumer Defense
0.00% 0.00% 23.83% 71.81%
Consumer Cyclical
0.00% 0.00% 100.00% 83.01%
Basic Materials
0.00% 0.00% 100.00% 75.29%

Stock Geographic Breakdown

Weighting Return Low Return High JMUSX % Rank
US
0.51% -1.09% 22.23% 32.02%
Non US
0.00% -1.88% 4.62% 74.72%

Bond Sector Breakdown

Weighting Return Low Return High JMUSX % Rank
Corporate
50.86% 0.00% 96.88% 30.90%
Securitized
39.33% 0.00% 98.45% 19.10%
Cash & Equivalents
9.80% 0.28% 47.61% 29.78%
Derivative
0.00% -1.18% 44.06% 80.34%
Municipal
0.00% 0.00% 36.84% 79.49%
Government
0.00% 0.00% 99.36% 97.75%

Bond Geographic Breakdown

Weighting Return Low Return High JMUSX % Rank
US
74.27% 13.75% 140.38% 37.08%
Non US
15.24% -8.93% 74.05% 64.33%

Expenses

JMUSX - Expenses

Operational Fees

JMUSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.36% 0.00% 76.93% 39.77%
Management Fee 0.60% 0.00% 2.25% 56.27%
12b-1 Fee 0.25% 0.00% 1.00% 44.39%
Administrative Fee 0.25% 0.01% 0.50% 84.48%

Sales Fees

JMUSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.00% 5.75% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

JMUSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 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.

JMUSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 142.00% 2.00% 899.00% 80.59%

Distributions

JMUSX - Distributions

Dividend Yield Analysis

JMUSX Category Low Category High JMUSX % Rank
Dividend Yield 2.47% 0.00% 6.35% 7.20%

Dividend Distribution Analysis

JMUSX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Annually Monthly Monthly

Net Income Ratio Analysis

JMUSX Category Low Category High JMUSX % Rank
Net Income Ratio 4.47% 0.87% 10.10% 21.64%

Capital Gain Distribution Analysis

JMUSX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

JMUSX - Fund Manager Analysis

Managers

John Lloyd


Start Date

Tenure

Tenure Rank

Feb 28, 2014

5.84

5.8%

John Lloyd is Executive Vice President and Co-Portfolio Manager of Janus Multi-Sector Income Fund, which he has co-managed since inception. He also performs duties as a fixed-income analyst. Mr. Lloyd joined Janus as a research analyst in January 2005. Mr. Lloyd holds a Bachelor of Arts degree in Economics from the University of Michigan and a Master of Business Administration degree from the Tuck School of Business at Dartmouth College.

Seth Meyer


Start Date

Tenure

Tenure Rank

Feb 28, 2014

5.84

5.8%

Seth Meyer is a Portfolio Manager at Janus Henderson Investors responsible for co-managing the High Yield, Global High Yield, Multi-Sector Credit and Short Duration High Yield strategies. He also has co-managed the fixed income portion of the Perkins Value Plus Income strategy since 2018. Seth was promoted to assistant portfolio manager supporting primarily the High Yield and Short Duration High Yield strategies in 2012. He joined Janus in 2004 as a product manager covering a variety of equity and fixed income strategies before becoming a credit analyst. Prior to Janus, he was a consultant relations manager at OppenheimerFunds. Seth received his bachelor of science degree in business administration with a concentration in finance from the University of Colorado. He holds the Chartered Financial Analyst designation.

John Kerschner


Start Date

Tenure

Tenure Rank

Feb 28, 2014

5.84

5.8%

John Kerschner, CFA, is Executive Vice President and Co-Portfolio Manager of Janus Multi-Sector Income Fund, which he has co-managed since inception. He also performs duties as a fixed-income analyst. Mr. Kerschner joined Janus Capital in December 2010. Prior to joining Janus Capital, Mr. Kerschner was director of portfolio management at BBW Capital Advisors from 2009-2010 and the Global Head of Credit Investing for Woodbourne Investment Management from 2007-2009.Kerschner is a senior portfolio manager with Smith Breeden. Kerschner joined Smith Breeden in 1994. Mr. Kerschner holds a Bachelor of Science degree (cum laude) in Biology from Yale University and a Master of Business Administration degree from the Fuqua School of Finance at Duke University, where he was designated a Fuqua Scholar. Kerschner holds the Chartered Financial Analyst designation.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 28.65 5.49 5.0