An incredibly stable and focused team for this flexible world bond approach warrants an upgrade to our People Pillar rating to High from Above Average. Under our enhanced ratings framework, which places a greater focus on fees, the Morningstar Analyst Rating for the institutional share class of Janus Henderson Developed World Bond is increased to Silver from Bronze. More expensive share classes are rated Bronze and Neutral.
Janus Henderson Developed World Bond C HFACX
NAV / 1-Day Return
9.83
/
0.20
%
Total Assets
2.2 Bil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
1.580%
Expense Ratio
1.580%
Fee Level
Below Average
Longest Manager Tenure
12.19
years
Category
World Bond-USD Hedged
Credit Quality / Interest Rate Sensitivity
Low / ModerateMin. Initial Investment
2,500
Status
Open
TTM Yield
3.80%
Effective Duration
4.38
years
Premium
Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will HFACX outperform in 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 HFACX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the HFACX 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 HFACX’s parent organization’s priorities and whether they’re in line with investors’ interests.
A flexible global bond strategy continues to stand out.
