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Janus Diversified Alternatives Fund Class N Shares (JDANX)

9.89
Net Asset Value
+0.10%
1 Day
-2.37%
Year-to-Date
Overall Morningstar Rating
Multialternative
Style or Category
No Load
Sales Expenses
1.25%
Expense Ratio
--
Morningstar Risk Rating™
Investment Objective The investment seeks absolute return with low correlation to stocks and bonds. Under normal market conditions, the fund pursues its investment objective by investing in a diverse group of return drivers, each a type of risk premium (collectively, "risk premia"), across equity, fixed income, commodity, and currency asset classes. Risk premia refers to the return that is expected for assuming a particular market risk. It employs a proprietary multi-factor process to allocate the fund's assets across the various risk premia. The fund is non-diversified.

Performance

1 month-1.49% 3 years--
3 months-3.51% 5 years--
1 year+0.89% Since inception+0.47%
Data through --

Peer Comparisonvs. Multialternative

 JDANXCategory
Performance 5-yr return--+4.19%
Expense ratio1.25%2.04%
Risk 5 year sharpe ratio--0.78
Net assets$66.0M$371.0M
Average market cap--$25.4B
Average P/E--19.8
Portfolio turnover59%59%

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Fund Management and Purchase Info

Fund familyJanus
Fund manager & tenureAndrew Weisman / 2 Years
Minimal initial investment$0.00
Minimum IRA investment--

Holdings

Cash100.00%
U.S. stock0.00%
International stock0.00%
Fixed income0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
Holdings not available.