Janus Henderson Diversified Alternatives Fund Class N (JDANX)

10.22
Net Asset Value
+0.20%
1 Day
+0.39%
Year-to-Date
Overall Morningstar Rating
Multialternative
Style or Category
No Load
Sales Expenses
1.32%
Expense Ratio
Average
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.

Performance

1 month-0.68% 3 years+2.68%
3 months-0.39% 5 years+2.38%
1 year+2.23% Since inception+1.94%
Data through --

Peer Comparisonvs. Multialternative

 JDANXCategory
Performance 5-yr return+2.38%+2.01%
Expense ratio1.32%1.78%
Risk 5 year sharpe ratio0.450.34
Net assets$114.9M$459.8M
Average market cap--$24.1B
Average P/E--16.2
Portfolio turnover16%16%

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Fund Management and Purchase Info

Fund familyJanus Henderson
Fund manager & tenureJohn Fujiwara / 5 Years
Minimal initial investment$1,000,000.00
Minimum IRA investment--

Holdings

Cash56.85%
Fixed income43.15%
U.S. stock0.00%
International stock0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
-- 17.83%
-- 14.90%
-- 10.41%