Morningstar

Janus Henderson Multi-Sector Income Fund Class T JMUTX

Morningstar Medalist Rating
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Medalist Rating as of See Janus Henderson Investment Hub
  • NAV / 1-Day Return$8.42  /  −0.12%
  • Fund Size$6.8B
  • Adjusted Expense Ratio0.810%
  • Net Expense Ratio0.780%
  • Fee Level: DistributionAverage
  • Share Class TypeNo Load
  • Morningstar CategoryMultisector Bond
  • Fixed-Income Style Box (Funds)Medium/Limited
  • Minimum Initial Investment$2,500
  • Investment StatusOpen
  • TTM Yield6.16%
  • Average Effective Duration3.82 yrs
NAV and 1-Day Return as of

Morningstar’s Analysis JMUTX

Will JMUTX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable JMUTX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the JMUTX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of JMUTX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A seasoned team and broader platform strengthen a distinctive multisector approach.

Principal Maciej Kowara

Maciej Kowara

Principal

Summary

Janus Henderson Multi-Sector Income remains a distinctive multisector bond offering, pairing a long-tenured specialist trio with an aggressive but disciplined framework that leans on securitized credit and selective spread risk. Its People rating moves to Above Average from Average because that stable leadership team now sits atop a stronger fixed-income platform.

by Maciej Kowara
Rated on Published on

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Portfolio Holdings JMUTX

More JMUTX Holdings
  • Current Portfolio Date
  • Equity Holdings—
  • Bond Holdings—
  • Other Holdings—
  • % Assets in Top 10 Holdings17.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Currency Contract - Usd

7.05612M
Derivative

Janus Henderson Cash Liquidity Fund Llc Funds

3.76326M
Cash and Equivalents

Federal National Mortgage Association 5.5%

3.53306M
Securitized

Federal National Mortgage Association 4.5%

2.16187M
Securitized

Federal National Mortgage Association 3.5%

2.11183M
Securitized

Federal National Mortgage Association 3%

2.00174M
Securitized

Federal National Mortgage Association 5%

1.84160M
Securitized

Federal National Mortgage Association 6%

1.70148M
Securitized

Janus Henderson Em Mkts Dbt Hrd Ccy ETF

1.46127M
—

Us Dollar

1.35117M
Cash and Equivalents

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