Janus Henderson U.S. Low Volatility Portfolio
Data updated: 2023-05-30
C000117905 — Janus Henderson U.S. Low Volatility Portfolio. Developed ex-US Mid Cap Blend / Core Equity. Holdings, fees, performance and SEC filings.
C000117905 Fund Overview
Janus Henderson U.S. Low Volatility Portfolio is a US mutual fund managed by Janus Aspen Series, categorised as Developed ex-US Mid Cap Blend / Core Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Janus Aspen Series
- Category: Developed ex-US Mid Cap Blend / Core Equity
- Assets under management: $3.34M
- 1-year return: -2.3%
- SEC CIK: 0000906185
- SEC series ID: S000038239
- Share class ID: C000117905
C000117905 Investment Objective and Strategy
Janus Henderson U.S. Low Volatility Portfolio describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Janus Aspen Series.
Investment objective
Janus Henderson U.S. Low Volatility Portfolio (“U.S. Low Volatility Portfolio”) seeks capital appreciation.
Principal investment strategy
The Portfolio invests, under normal circumstances, at least 80% of its net assets (plus any borrowings for investment purposes) in U.S. stocks from the universe of the S&P 500 Index, utilizing Intech Investment Management LLCs (Intech) mathematical investment process. The S&P 500 Index is an unmanaged index of 500 stocks that is generally representative of the performance of larger companies in the United States. Over time, and under normal market conditions, the Portfolio seeks to achieve market-like returns over the long-term, with lower absolute volatility than the S&P 500 Index (the Portfolios benchmark index). In this context, absolute volatility refers to the variation in the returns of the Portfolio and the benchmark index as measured by standard deviation. The Portfolio pursues its investment objective by applying a mathematical investment process to construct an investment portfolio from the universe of stocks within the S&P 500 Index.
The goal of this process is to combine stocks that individually have higher relative volatility and lower correlations with each other in an effort to reduce the Portfolios absolute volatility, while still generating market-like returns over a full market cycle. Although the Portfolio may underperform its benchmark index in sustained up markets, this strategy seeks to minimize losses in down markets. In applying this strategy, Intech establishes target proportions of its holdings from stocks within the S&P 500 Index using an optimization process designed to determine the most effective weightings of each stock in the Portfolio. Once Intech determines such proportions and the Portfolios investments are selected, the Portfolio is periodically rebalanced to the set target proportions and re-optimized.
The rebalancing techniques used by Intech may result in a higher portfolio turnover rate compared to a buy and hold strategy. The Portfolio may lend portfolio securities on a short-term or long-term basis, in an amount equal to up to one-third of its total assets as determined at the time of the loan origination.
C000117905 Holdings
Top 10 holdings of Janus Henderson U.S. Low Volatility Portfolio by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Southern Co | 0.06% |
| Procter & Gamble Co | 0.05% |
| Consolidated Edison Inc | 0.04% |
| Walmart Inc | 0.03% |
| Johnson & Johnson | 0.03% |
| General Mills Inc | 0.03% |
| McDonald's Corp | 0.03% |
| Kimberly-Clark Corp | 0.03% |
| AutoZone Inc | 0.02% |
| Kellogg Co | 0.02% |
C000117905 Portfolio Allocation
Asset-class allocation of Janus Henderson U.S. Low Volatility Portfolio by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 1.0% |
C000117905 Performance
Total returns for C000117905 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | -2.3% |
| 3 years (annualised) | 13.1% |
C000117905 Risk Information
Risk metrics for C000117905, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 20.1%
C000117905 Costs and Fees
C000117905 costs about $77 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.77%
- Gross expense ratio: 0.82%
- Portfolio turnover: 157%
- Brokerage commissions: 8.88 bps of average net assets (SEC N-CEN)
C000117905 Cashflows
Over the 12 months to 2023-03, Janus Henderson U.S. Low Volatility Portfolio had net inflows of $35.23M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2023-03 | $308.59K |
| 2023-02 | $420.70K |
| 2023-01 | $590.58K |
| 2022-12 | $455.98K |
| 2022-11 | $20.86M |
| 2022-10 | $225.31K |
C000117905 Debt Constituents
No individual debt constituents are reported in Janus Henderson U.S. Low Volatility Portfolio's latest SEC N-PORT filing.
C000117905 Prospectus and SEC Filings
Official Janus Henderson U.S. Low Volatility Portfolio filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2022-06-09
- Prospectus (485BPOS) — filed 2022-04-29
- Prospectus (485BPOS) — filed 2021-04-30
- Portfolio holdings (N-PORT) — filed 2023-05-30
- Portfolio holdings (N-PORT) — filed 2023-03-01
- Portfolio holdings (N-PORT) — filed 2022-11-29
- Annual census (N-CEN) — filed 2023-03-16
- Annual census (N-CEN) — filed 2021-03-16
Related Funds
Other Developed ex-US Mid Cap Blend / Core Equity funds tracked on ABC INVEST:
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.