Skip to Content
Morningstar

Janus Henderson Balanced D JANBX

Morningstar Medalist Rating
Medalist Rating as of | See Janus Henderson Investment Hub
  • NAV / 1-Day Return 38.93  /  0.22 %
  • Total Assets 23.6 Bil
  • Adj. Expense Ratio
    0.700%
  • Expense Ratio 0.700%
  • Distribution Fee Level Below Average
  • Share Class Type No Load
  • Category Moderate Allocation
  • Investment Style Large Growth
  • Credit Quality / Interest Rate Sensitivity Medium / Moderate
  • Status Limited
  • TTM Yield 2.11%
  • Turnover 79%

USD | NAV as of Sep 29, 2023 | 1-Day Return as of Sep 29, 2023, 11:57 PM GMT+0

Morningstar’s Analysis JANBX

Will JANBX 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 JANBX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the JANBX 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 JANBX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A decent multi-asset strategy.

Associate Analyst Spencer Brown

Spencer Brown

Associate Analyst

Summary

Three experienced portfolio managers implement a sensible process at Janus Henderson Balanced, but two elements continue to give pause: The current leadership configuration has a limited record and turnover continues in the supporting analyst ranks. The fund earns a Morningstar Medalist Rating of Neutral.

by Spencer Brown
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings JANBX

More JANBX Holdings
  • Current Portfolio Date
  • Equity Holdings 66
  • Bond Holdings 573
  • Other Holdings 10
  • % Assets in Top 10 Holdings 22.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Microsoft Corp

5.65
1,369,417,248
Technology

Apple Inc

3.67
889,321,027
Technology

Janus Henderson Cash Liquidity Fund Llc, 5.1900%

3.24
784,274,288
Cash and Equivalents

Alphabet Inc Class C

2.42
586,684,540
Communication Services

Mastercard Inc Class A

2.19
531,335,714
Financial Services

NVIDIA Corp

1.97
476,927,131
Technology

UnitedHealth Group Inc

1.84
445,911,837
Healthcare

United States Treasury Bonds 3.875%

1.38
334,897,875
Government

Progressive Corp

1.35
327,540,034
Financial Services

United Parcel Service Inc Class B

1.32
320,643,475
Industrials