Janus Henderson Value Plus Income Fund

C000090766 Fund Overview

Janus Henderson Value Plus Income Fund is a US mutual fund managed by Janus Investment Fund, categorised as Money Market. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.

• Type: US mutual fund
• Manager: Janus Investment Fund
• Category: Money Market
• Assets under management: $62.85M
• 1-year return: 34.2%
• SEC CIK: 0000277751
• SEC series ID: S000029570
• Share class ID: C000090766

C000090766 Investment Objective and Strategy

Janus Henderson Value Plus Income Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Janus Investment Fund.

Investment objective

Janus Henderson Value Plus Income Fund seeks capital appreciation and current income.

Principal investment strategy

The Fund pursues its investment objective by normally investing 50-60% of its assets in fixed-income securities and investing the remainder in equity securities and cash equivalents. Fixed-Income Securities. The Funds fixed-income investments generate total return from a combination of current income and capital appreciation, but income is usually the dominant portion. The Fund normally invests the portion of its assets allocated to fixed-income investments in a multi-sector portfolio of U.S. and non-U.S. debt securities that the fixed-income portfolio managers believe have high income potential. The Fund may invest up to 65% of the fixed-income portion of its assets in below investment grade securities. The Funds fixed-income investment sectors include, but are not limited to: (i) government notes and bonds; (ii) corporate bonds, including high-yield/high-risk bonds, also known as junk bonds; (iii) commercial loans; (iv) commercial and residential mortgage-backed securities; (v) asset-backed securities; (vi) convertible securities and preferred stock; and (vii) emerging market debt.

The Fund may invest in fixed-income securities of varying maturities. The Funds fixed-income portfolio managers believe that by investing in multiple sectors that potentially have low correlation to each other, the volatility of the Funds fixed-income portion may be reduced. The Fund may not have exposure to all of these investment sectors, and the Funds exposure to any one investment sector will vary over time. The Fund may also invest in money market instruments and zero-coupon bonds. The Fund may enter into to be announced or TBA commitments when purchasing mortgage-backed securities or other securities. The Fund may also invest in floating rate obligations, such as collateralized loan obligations, floating rate senior secured syndicated bank loans, floating rate unsecured loans, and other floating rate bonds, loans and notes.

Floating rate obligations feature rates that reset regularly, maintaining a fixed spread over the London InterBank Offered Rate (LIBOR) or the prime rates of large money-center banks. The interest rates on floating rate obligations typically reset quarterly, although rates on some obligations may adjust at other intervals. In addition to considering economic factors such as the effect of interest rates on the Funds fixed-income investments, the Funds fixed-income portfolio managers apply a bottom up approach in choosing investments. This means that the portfolio managers look at income-producing securities one at a time to determine if a security is an attractive investment opportunity and if it is consistent with the Funds investment policies. The portfolio managers additionally consider the expected risk-adjusted return on a particular investment and the Funds overall risk allocations and volatility.

Equity Securities. The Funds equity investments generate total return from a combination of capital appreciation and current income. Such equity investments may include companies of any size, but the Fund will invest primarily in large- and mid-sized companies whose stock prices the portfolio managers believe to be undervalued or have the potential for high relative dividend yields, or both. The Funds equity portfolio managers invest in companies which have fallen out of favor with the market or that appear to be temporarily misunderstood by the investment community. The Funds equity portfolio managers generally look for companies with: strong balance sheets and solid recurring free cash flows; attractive relative and absolute valuation ratios or that have underperformed recently; and favorable reward to risk characteristics The portfolio managers philosophy is to weigh a securitys downside risk before considering its upside potential, which may help provide an element of capital preservation.

The Fund may also invest in foreign securities, which may include investments in emerging markets. The Fund may also invest its assets in derivatives, which are instruments that have a value derived from, or directly linked to, an underlying asset, such as equity securities, fixed-income securities, commodities, currencies, interest rates, or market indices. In particular, the Fund may use index and single-name credit default swaps, forward currency exchange contracts, interest rate futures, and put and call options. The Fund may use derivatives for various investment purposes, such as to manage portfolio or currency risk, enhance returns, manage duration, or for hedging purposes. Janus Capital manages the Funds fixed-income investments and Perkins manages the Funds equity investments. The Funds portfolio managers collaborate in determining the Funds overall asset allocation.

The Fund may periodically adjust its mix of equity and fixed-income investments in response to changing economic and market conditions, including outside the range of 50-60% of its assets in fixed-income securities. Due to the nature of the fixed-income securities in which the Fund invests, it may have relatively high portfolio turnover compared to other funds.

C000090766 Holdings

Top 10 holdings of Janus Henderson Value Plus Income Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.

View all C000090766 holdings

C000090766 Portfolio Allocation

Asset-class allocation of Janus Henderson Value Plus Income Fund by percentage of net assets, from the latest SEC N-PORT filing.

C000090766 Performance

Total returns for C000090766 (as of 2026-10-01), from SEC filings.

C000090766 Risk Information

Risk metrics for C000090766, derived from monthly returns in SEC filings.

• 1-year volatility (annualised): 9.7%

C000090766 Costs and Fees

C000090766 costs about $82 per $10,000 invested per year in fund expenses.

• Net expense ratio: 0.82%
• Gross expense ratio: 1.23%
• Portfolio turnover: 110%
• Brokerage commissions: 6.02 bps of average net assets (SEC N-CEN)

C000090766 Cashflows

Over the 12 months to 2021-03, Janus Henderson Value Plus Income Fund had net inflows of $56.59M, from monthly SEC N-PORT filings.

C000090766 Debt Constituents

Largest debt holdings of Janus Henderson Value Plus Income Fund by percentage of net assets, from the latest SEC N-PORT filing.

C000090766 Prospectus and SEC Filings

Official Janus Henderson Value Plus Income Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

• Prospectus (485BPOS) — filed 2020-10-28
• Prospectus (485BPOS) — filed 2019-11-18
• Prospectus (485BPOS) — filed 2018-11-19
• Portfolio holdings (N-PORT) — filed 2021-06-01
• Portfolio holdings (N-PORT) — filed 2021-03-01
• Portfolio holdings (N-PORT) — filed 2020-11-30
• Annual census (N-CEN) — filed 2020-09-11
• Annual census (N-CEN) — filed 2019-09-13

Related Funds

Other Money Market funds tracked on ABC INVEST:

• Emerald Growth Fund (HSPCX)
• Barings Active Short Duration Bond Fund (BXDIX)
• IVA Worldwide Fund (IVWAX)
• Stadion Tactical Growth Fund (ETFDX)
• BBH Partner Fund - Select Short Term Assets (BBSTX)

Data Sources

ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.