Despite a strong start, the managers on Janus Henderson Balanced have a limited track record working together and executing a multi-asset strategy. The Morningstar Analyst Rating remains Neutral while they build out more experience.
Janus Henderson Balanced A JDBAX
NAV / 1-Day Return
42.98
/
0.94
%
Total Assets
29.8 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.
0.900%
Expense Ratio
0.900%
Fee Level
Low
Longest Manager Tenure
6.06
years
Category
Allocation--50% to 70% Equity
Investment Style
Large GrowthCredit Quality / Interest Rate Sensitivity
Medium / ModerateStatus
Open
TTM Yield
0.65%
Turnover
60%
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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 JDBAX 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 JDBAX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the JDBAX 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 JDBAX’s parent organization’s priorities and whether they’re in line with investors’ interests.
Off to a promising start, but it’s still early days for this management team.
