Name
As of 04/22/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
3.1%
1 yr return
15.1%
3 Yr Avg Return
1.4%
5 Yr Avg Return
N/A
Net Assets
$31.2 M
Holdings in Top 10
34.8%
52 WEEK LOW AND HIGH
$14.2
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 8.65%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 12.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$2,500
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/22/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
JEGRX - Profile
Distributions
- YTD Total Return 3.1%
- 3 Yr Annualized Total Return 1.4%
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio -0.27%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameJanus Henderson Global Sustainable Equity Fund
-
Fund Family NameJanus Henderson Funds
-
Inception DateJun 25, 2020
-
Shares OutstandingN/A
-
Share ClassR
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerAaron Scully
Fund Description
The Fund pursues its investment objective by investing, under normal circumstances, at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities. The Fund will typically invest in companies whose products and services are considered by portfolio management as contributing to positive environmental or social change and sustainable economic development, including those that are strategically aligned with environmental and social megatrends such as climate change, resource constraints, growing populations, and aging populations.The Fund typically invests at least 40% of its net assets in securities of issuers or companies that are economically tied to different countries throughout the world, excluding the United States. An issuer is deemed to be economically tied to a country or countries if one or more of the following tests are met: (i) the issuer is organized in, or its primary business office or principal trading market of its equity is located in, the country; (ii) a majority of the issuer’s revenues are derived from one or more countries; or (iii) a majority of the issuer’s assets are located in one or more countries. The Fund’s investments may be in non-U.S. currency or U.S. dollar-denominated.The Fund generally invests in a core group of 50-70 equity securities, which consist primarily of common stocks, but may also include other types of instruments, such as depositary receipts and warrants. The Fund may also invest in real estate investment trusts (“REITs”). The Fund will invest primarily in larger, well-established companies but may also invest in mid- and small-sized companies. The Fund’s uninvested assets may be held in cash or cash equivalents.In selecting investments, portfolio management employs a “bottom-up” approach that focuses on fundamental research. To identify the universe of investible securities for the Fund, portfolio management first employs positive selection criteria that seeks to identify companies that derive at least 50% of their current or future expected revenues from at least one of ten environmental and social themes. Environmental themes include efficiency, cleaner energy, water management, environmental services, and sustainable transport. Social themes include sustainable property and finance, safety, quality of life, knowledge and technology, and health.Next, portfolio management applies broad-based negative screens, which rely on third-party inputs, to seek to avoid securities of issuers that, in the determination of the Adviser, are significantly engaged in or derive more than de minimis revenue from industries, activities, or assets considered by portfolio management to have a negative impact on society or the environment. A current list of such industries, activities, or assets, which may evolve over time, follows:•alcohol;•animal testing (non-medical);•armaments;•chemicals of concern;•fossil fuel extraction and refining;•fossil fuel power generation;•fur;•gambling;•genetic engineering;•intensive farming;•meat and dairy production;•nuclear power;•pornography;•tobacco; and•United Nations Global Compact and Organization for Economic Co-operation and Development violators.In selecting investments, portfolio management will then consider, among other factors, a company’s growth potential, competitive positioning, operational quality, and strategy. Portfolio management may also consider factors such as a company’s historic and projected return on capital, balance sheets, and financial models. Portfolio management will also consider environmental, social, and governance (“ESG”) factors,which may include climate change, deforestation, biodiversity, human rights, company culture, community relations, board structure and diversity, executive pay, and corporate reporting. Portfolio management seeks to maintain a portfolio of securities that has a carbon footprint and carbon intensity that is at least 20% below the MSCI World Indexsm. At portfolio management’s discretion, the Fund will engage with a company’s management regarding matters that may include shareholder rights, governance and remuneration, climate change, carbon emissions, pollution, biodiversity, human capital, and diversity and inclusion.Portfolio management evaluates and applies ESG and sustainable investment criteria relying on a mix of third-party data and internally-generated analyses based on information that may include web-based research reports from a company or independent sources, as well as corporate engagement. Portfolio management does not apply these ESG factors in managing the Fund’s exposure to cash and cash equivalents.The Fund will generally consider selling a stock if, in portfolio management’s opinion, there has been a regulatory, industry, or position-level change that may impair a company’s revenue growth. The Fund will also consider selling a stock if, in portfolio management’s opinion, the company’s business model no longer meets the sustainable investment criteria employed in managing the Fund.
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JEGRX - Performance
Return Ranking - Trailing
| Period | JEGRX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 3.1% | -35.6% | 29.2% | N/A |
| 1 Yr | 15.1% | 17.3% | 252.4% | N/A |
| 3 Yr | 1.4%* | -3.5% | 34.6% | N/A |
| 5 Yr | N/A* | 0.1% | 32.7% | N/A |
| 10 Yr | N/A* | -6.9% | 18.3% | N/A |
* Annualized
Return Ranking - Calendar
| Period | JEGRX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 22.5% | -24.3% | 957.1% | N/A |
| 2022 | -24.6% | -38.3% | 47.1% | N/A |
| 2021 | N/A | -54.2% | 0.6% | N/A |
| 2020 | N/A | -76.0% | 54.1% | N/A |
| 2019 | N/A | -26.1% | 47.8% | N/A |
Total Return Ranking - Trailing
| Period | JEGRX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 3.1% | -35.6% | 29.2% | N/A |
| 1 Yr | 15.1% | 11.4% | 252.4% | N/A |
| 3 Yr | 1.4%* | -3.5% | 34.6% | N/A |
| 5 Yr | N/A* | 0.1% | 32.7% | N/A |
| 10 Yr | N/A* | -6.9% | 18.3% | N/A |
* Annualized
Total Return Ranking - Calendar
| Period | JEGRX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 22.5% | -24.3% | 957.1% | N/A |
| 2022 | -24.1% | -33.1% | 47.1% | N/A |
| 2021 | N/A | -44.4% | 1.8% | N/A |
| 2020 | N/A | -6.5% | 54.1% | N/A |
| 2019 | N/A | -14.4% | 47.8% | N/A |
NAV & Total Return History
JEGRX - Holdings
Concentration Analysis
| JEGRX | Category Low | Category High | JEGRX % Rank | |
|---|---|---|---|---|
| Net Assets | 31.2 M | 199 K | 133 B | 89.14% |
| Number of Holdings | 52 | 1 | 9075 | 62.78% |
| Net Assets in Top 10 | 10.9 M | -18 M | 37.6 B | 90.75% |
| Weighting of Top 10 | 34.82% | 9.1% | 100.0% | 51.60% |
Top 10 Holdings
- MICROSOFT CORP 7.35%
- NVIDIA Corp 4.11%
- WABTEC CORP 3.74%
- Xylem Inc/NY 3.12%
- SCHNEIDER ELECTRIC SE 3.04%
- ICON PLC 2.84%
- Janus Henderson Cash Liquidity Fund 2.83%
- Progressive Corp/The 2.73%
- HUMANA INC 2.58%
- INTACT FINANCIAL CORP 2.48%
Asset Allocation
| Weighting | Return Low | Return High | JEGRX % Rank | |
|---|---|---|---|---|
| Stocks | 98.79% | 61.84% | 125.47% | 92.40% |
| Preferred Stocks | 0.00% | -0.01% | 5.28% | 86.34% |
| Other | 0.00% | -13.98% | 19.14% | 87.67% |
| Convertible Bonds | 0.00% | 0.00% | 4.46% | 85.24% |
| Cash | 0.00% | -174.70% | 23.12% | 6.61% |
| Bonds | 0.00% | -1.50% | 161.67% | 85.79% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | JEGRX % Rank | |
|---|---|---|---|---|
| Technology | 40.50% | 0.00% | 49.87% | 1.32% |
| Financial Services | 16.76% | 0.00% | 38.42% | 57.60% |
| Industrials | 15.59% | 0.00% | 44.06% | 35.24% |
| Consumer Cyclical | 8.63% | 0.00% | 40.94% | 55.62% |
| Healthcare | 5.81% | 0.00% | 35.42% | 92.84% |
| Utilities | 5.51% | 0.00% | 29.12% | 13.33% |
| Real Estate | 4.27% | 0.00% | 39.48% | 11.12% |
| Communication Services | 2.41% | 0.00% | 57.66% | 87.67% |
| Consumer Defense | 0.52% | 0.00% | 73.28% | 93.28% |
| Energy | 0.00% | 0.00% | 21.15% | 95.59% |
| Basic Materials | 0.00% | 0.00% | 38.60% | 98.68% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | JEGRX % Rank | |
|---|---|---|---|---|
| US | 66.74% | 0.13% | 103.82% | 41.30% |
| Non US | 32.06% | 0.58% | 99.46% | 80.95% |
JEGRX - Expenses
Operational Fees
| JEGRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 8.65% | 0.01% | 44.27% | N/A |
| Management Fee | 0.75% | 0.00% | 1.82% | 62.58% |
| 12b-1 Fee | 0.50% | 0.00% | 1.00% | 69.62% |
| Administrative Fee | 0.25% | 0.01% | 0.76% | N/A |
Sales Fees
| JEGRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 2.50% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| JEGRX 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.
| JEGRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 12.00% | 0.00% | 395.00% | 8.03% |
JEGRX - Distributions
Dividend Yield Analysis
| JEGRX | Category Low | Category High | JEGRX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 3.26% | 85.67% |
Dividend Distribution Analysis
| JEGRX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Quarterly | Annually | Annually | Annually |
Net Income Ratio Analysis
| JEGRX | Category Low | Category High | JEGRX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | -0.27% | -4.27% | 12.65% | N/A |
Capital Gain Distribution Analysis
| JEGRX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Semi-Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 20, 2022 | $0.068 | OrdinaryDividend |
| Dec 30, 2011 | $0.037 | OrdinaryDividend |
| Dec 31, 2010 | $0.045 | OrdinaryDividend |
| Jul 28, 2010 | $0.003 | ExtraDividend |
| Dec 30, 2009 | $0.024 | OrdinaryDividend |
| Apr 30, 2009 | $0.006 | OrdinaryDividend |
| Dec 24, 2008 | $0.323 | OrdinaryDividend |
| Apr 11, 2008 | $0.017 | OrdinaryDividend |
| Dec 21, 2007 | $0.079 | OrdinaryDividend |
| Apr 11, 2007 | $0.207 | OrdinaryDividend |
JEGRX - Fund Manager Analysis
Managers
Aaron Scully
Start Date
Tenure
Tenure Rank
Jun 25, 2020
1.93
1.9%
Aaron Scully is a Portfolio Manager on the Global Equity SRI Team at Janus Henderson Investors, a position he has held since 2019. From 2017, he was an assistant portfolio manager and was a research analyst from 2009 to 2019 focused on the real estate, infrastructure, and financial sectors. Aaron joined Janus in 2001 as a corporate financial analyst, became a research associate in 2004 and was promoted to junior equity analyst in 2007. Prior to that, he worked as a financial analyst in the financial development program at Cardinal Health. Aaron received his bachelor of science degree in finance from Indiana University. He holds the Chartered Financial Analyst designation.
Hamish Chamberlayne
Start Date
Tenure
Tenure Rank
Jun 25, 2020
1.93
1.9%
"Hamish Chamberlayne is Head of SRI at Janus Henderson Investors. He is also Portfolio Manager of the Janus Henderson Global Sustainable Equity and Institutional Global Responsible Managed strategies, a role he has had since 2012. Hamish joined Henderson in 2011 from Gartmore, where he was an equity analyst with the global equity team. Prior to this, from 2004 to 2007 he worked as a senior auditor at PricewaterhouseCoopers, where he covered a variety of sectors, including energy, technology, and communications. He began his career at Burlington Consultants in 2003 performing commercial due diligence on businesses identified as acquisition targets by private equity houses. Hamish graduated with a master’s degree in chemistry from New College, Oxford University. He holds the Chartered Financial Analyst designation and is a qualified accountant. He has 16 years of financial industry experience."
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.01 | 35.82 | 6.24 | 1.25 |