JHYAX: Janus Henderson High-Yield Fund - MutualFunds.com
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Trending ETFs

Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$8.66

-

4.43%

$0.38

0.98%

Vitals

YTD Return

2.0%

1 yr return

11.3%

3 Yr Avg Return

6.9%

5 Yr Avg Return

6.0%

Net Assets

$1.21 B

Holdings in Top 10

9.2%

52 WEEK LOW AND HIGH

$8.66
$8.01
$8.68

Expenses

OPERATING FEES

Expense Ratio 0.98%

SALES FEES

Front Load 4.75%

Deferred Load N/A

TRADING FEES

Turnover 120.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$2,500

IRA

$500


Fund Classification

Fund Type

Open End Mutual Fund

Investment Style

High Yield Bond


Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$8.66

-

4.43%

$0.38

0.98%

JHYAX - Profile

Distributions

  • YTD Total Return 2.0%
  • 3 Yr Annualized Total Return 5.2%
  • 5 Yr Annualized Total Return 5.0%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 4.71%
DIVIDENDS
  • Dividend Yield 4.4%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Janus Henderson High-Yield Fund
  • Fund Family Name
    Janus Henderson
  • Inception Date
    Jul 06, 2009
  • Shares Outstanding
    N/A
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Seth Meyer

Fund Description

The fund normally invests at least 80% of its net assets (plus any borrowings for investment purposes) in high-yield/high-risk securities rated below investment grade. Securities rated below investment grade may include their unrated equivalents or other high-yielding securities the portfolio managers believe offer attractive risk/return characteristics. It may include derivatives that have characteristics similar to the securities in which the fund may directly invest.


JHYAX - Performance

Return Ranking - Trailing

Period JHYAX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.0% -69.1% 12.5% 26.49%
1 Yr 11.3% -16.2% 44.9% 28.63%
3 Yr 6.9%* -12.1% 17.4% 21.82%
5 Yr 6.0%* -5.6% 13.4% 35.95%
10 Yr 6.2%* 1.8% 10.9% 44.53%

* Annualized

Return Ranking - Calendar

Period JHYAX Return Category Return Low Category Return High Rank in Category (%)
2020 -0.1% -75.1% 399.1% 48.63%
2019 9.4% -56.9% 226.1% 13.45%
2018 -8.2% -61.3% -0.4% 45.76%
2017 0.1% -49.0% 18.8% 80.80%
2016 6.4% -25.2% 28.6% 73.20%

Total Return Ranking - Trailing

Period JHYAX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.0% -69.1% 12.5% 26.75%
1 Yr 6.0% -18.7% 52.4% 81.23%
3 Yr 5.2%* -12.1% 16.3% 67.32%
5 Yr 5.0%* -5.6% 12.7% 70.56%
10 Yr 5.7%* 1.8% 10.9% 66.28%

* Annualized

Total Return Ranking - Calendar

Period JHYAX Return Category Return Low Category Return High Rank in Category (%)
2020 -0.1% -75.1% 399.1% 48.63%
2019 9.4% -56.9% 23.9% 15.59%
2018 -8.2% -61.3% 0.9% 54.55%
2017 0.1% -49.0% 18.8% 84.31%
2016 6.4% -25.2% 39.0% 78.96%

NAV & Total Return History


JHYAX - Holdings

Concentration Analysis

JHYAX Category Low Category High JHYAX % Rank
Net Assets 1.21 B 2.66 M 30.1 B 33.06%
Number of Holdings 272 1 2534 59.50%
Net Assets in Top 10 109 M -557 M 4.07 B 34.91%
Weighting of Top 10 9.24% 3.0% 100.0% 66.46%

Top 10 Holdings

  1. 2020 Cash Mandatory Exchangeable Trust 0% 2.10%
  2. General Electric Company 5% 1.86%
  3. Allegheny Technologies Incorporated 7.88% 1.52%
  4. ALTICE FRANCE S.A 7.38% 1.48%
  5. CCO Holdings, LLC/ CCO Holdings Capital Corp. 5.12% 1.48%
  6. First Quantum Minerals Ltd. 7.25% 1.41%
  7. Altice France Holdings S A 10.5% 1.33%
  8. ARD Finance S.A. 6.5% 1.29%
  9. LABL Escrow Issuer LLC 10.5% 1.22%
  10. Teva Pharmaceutical Finance Netherlands III B.V. 3.15% 1.17%

Asset Allocation

Weighting Return Low Return High JHYAX % Rank
Bonds
92.27% 0.00% 149.08% 67.58%
Preferred Stocks
2.30% 0.00% 13.89% 5.22%
Stocks
2.23% 0.00% 38.15% 18.76%
Cash
1.94% -46.64% 100.00% 64.72%
Convertible Bonds
1.25% 0.00% 19.02% 55.03%
Other
0.00% -53.57% 32.06% 82.48%

Stock Sector Breakdown

Weighting Return Low Return High JHYAX % Rank
Technology
37.92% 0.00% 60.77% 2.04%
Consumer Cyclical
18.99% 0.00% 100.00% 8.74%
Financial Services
16.89% 0.00% 100.00% 16.54%
Healthcare
12.97% 0.00% 42.19% 5.95%
Basic Materials
6.84% 0.00% 100.00% 23.98%
Industrials
6.39% 0.00% 100.00% 16.91%
Utilities
0.00% 0.00% 100.00% 87.92%
Real Estate
0.00% 0.00% 100.00% 85.50%
Energy
0.00% 0.00% 100.00% 97.40%
Communication Services
0.00% 0.00% 100.00% 92.75%
Consumer Defense
0.00% 0.00% 100.00% 84.94%

Stock Geographic Breakdown

Weighting Return Low Return High JHYAX % Rank
US
2.23% -1.89% 35.96% 15.16%
Non US
0.00% -0.04% 5.61% 88.32%

Bond Sector Breakdown

Weighting Return Low Return High JHYAX % Rank
Corporate
98.01% 0.00% 100.00% 20.77%
Cash & Equivalents
1.99% 0.00% 100.00% 73.13%
Derivative
0.00% 0.00% 46.55% 87.19%
Securitized
0.00% 0.00% 95.35% 88.18%
Municipal
0.00% 0.00% 11.44% 82.71%
Government
0.00% 0.00% 99.67% 88.43%

Bond Geographic Breakdown

Weighting Return Low Return High JHYAX % Rank
US
79.13% 0.00% 135.78% 59.01%
Non US
13.14% 0.00% 96.89% 41.24%

JHYAX - Expenses

Operational Fees

JHYAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.98% 0.03% 4.79% 39.31%
Management Fee 0.57% 0.00% 1.84% 58.48%
12b-1 Fee 0.25% 0.00% 1.00% 52.20%
Administrative Fee N/A 0.00% 0.50% N/A

Sales Fees

JHYAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 4.75% 0.00% 5.75% 8.38%
Deferred Load N/A 0.00% 5.50% N/A

Trading Fees

JHYAX 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.

JHYAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 120.00% 0.00% 349.00% 86.83%

JHYAX - Distributions

Dividend Yield Analysis

JHYAX Category Low Category High JHYAX % Rank
Dividend Yield 4.43% 0.00% 34.04% 83.03%

Dividend Distribution Analysis

JHYAX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

JHYAX Category Low Category High JHYAX % Rank
Net Income Ratio 4.71% -2.17% 10.53% 58.37%

Capital Gain Distribution Analysis

JHYAX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Semi-Monthly Semi-Monthly Semi-Monthly

Dividend Payout History

View More +

JHYAX - Fund Manager Analysis

Managers

Seth Meyer


Start Date

Tenure

Tenure Rank

Dec 31, 2015

5.67

5.7%

Seth Meyer is a Portfolio Manager at Janus Henderson Investors responsible for co-managing the High Yield, Global High Yield, Multi-Sector Credit and Short Duration High Yield strategies. He also has co-managed the fixed income portion of the Perkins Value Plus Income strategy since 2018. Seth was promoted to assistant portfolio manager supporting primarily the High Yield and Short Duration High Yield strategies in 2012. He joined Janus in 2004 as a product manager covering a variety of equity and fixed income strategies before becoming a credit analyst. Prior to Janus, he was a consultant relations manager at OppenheimerFunds. Seth received his bachelor of science degree in business administration with a concentration in finance from the University of Colorado. He holds the Chartered Financial Analyst designation and has 21 years of financial industry experience.

Brent Olson


Start Date

Tenure

Tenure Rank

Jun 28, 2019

2.18

2.2%

Brent Olson is a Portfolio Manager and Credit Analyst at Janus Henderson Investors. Brent rejoined Janus Henderson in 2017. Prior to this, he was a lead portfolio manager at Scout Investments on a growth equity strategy that emphasised fixed income metrics and credit data points to select stocks. Before Scout, he oversaw high-yield and leveraged equity research as well as managed fixed income products at Three Peaks Capital Management from 2005 until 2013. From 2000 until 2004, he was an investment analyst at Invesco Funds Group. He started his financial career in 1997 as a credit analyst.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.06 37.05 6.82 2.17