JSMFX — Janus Henderson Sustainable Multi-Asset Allocation Fund

JSMFX Fund Overview

JSMFX — Janus Henderson Sustainable Multi-Asset Allocation Fund is a US mutual fund managed by Janus Investment Fund, categorised as Capital Appreciation / Growth Allocation. 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: Capital Appreciation / Growth Allocation
• Assets under management: $3.13M
• 1-year return: 7.9%
• Ticker: JSMFX
• SEC CIK: 0000277751
• SEC series ID: S000077246
• Share class ID: C000237477

JSMFX Investment Objective and Strategy

Janus Henderson Sustainable Multi-Asset Allocation Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Janus Investment Fund.

Investment objective

Janus Henderson Sustainable Multi-Asset Allocation Fund seeks long-term capital appreciation.

Principal investment strategy

The Fund seeks to achieve its investment objective by investing in other Janus Henderson exchange-traded funds (ETFs) and mutual funds (together, underlying funds) that incorporate certain environmental, social, and governance (ESG) factors in their principal investment strategies. In pursuing their principal investment strategies, the underlying funds, using a combination of third-party inputs and internally generated analysis, focus on sustainable investments. Sustainable investments include issuers that are aligned with positive environmental and social impact themes, or, in the Advisers view, companies whose products and services contribute to positive environmental or social change and sustainable economic development, or whose products, services, and activities are considered to contribute to or benefit from the goal of achieving net zero carbon emissions through decarbonization of the global economy.

The underlying funds sustainable investment universe is first selected by applying broad-based negative screens to seek to avoid investing in securities of issuers that the Adviser believes have a negative impact on society or the environment. The underlying funds do not apply ESG factors in managing exposure to certain investments, which may include cash, cash equivalents, U.S. Treasuries, and certain derivatives, such as index-based derivatives or derivatives used to manage interest rate risk. Through its investments in underlying funds, the Fund may have exposure to issuers that are economically tied to countries throughout the world. The Fund will normally allocate approximately 50-70% of its investments in underlying funds that provide exposure primarily to equity securities and approximately 30-50% of its investments in underlying funds that provide exposure primarily to fixed-income instruments.

The underlying equity funds may invest in securities of any market capitalizations. The underlying fixed-income funds primarily invest in investment grade debt, including corporate bonds, government securities, mortgage- and asset-backed securities, bank loans, and commercial paper, and may invest in securities of any maturity. Because it invests in other funds, the Fund is considered a fund of funds. In selecting the Funds investments in an underlying fund, the portfolio managers consider the underlying funds style classifications, style exposures, and correlations relative to the underlying funds benchmark index. Allocating the Funds investments across the equity and fixed-income asset classes involves a process that combines strategic asset allocation and dynamic asset allocation. Factors that the portfolio managers consider in the strategic asset allocation process include the long-term return, risk, and correlation expectations of an asset class.

The dynamic asset allocation process is intended to give the Fund the flexibility to reflect the portfolio managers shorter-term market views by considering cyclical market patterns, policy trends, and sentiment in different regions. The portfolio managers continually monitor asset class allocations and rebalance the Funds investments in the underlying funds on a monthly basis. The portfolio managers also regularly review the allocation of Fund assets in the underlying funds and may modify the underlying funds weightings or substitute other underlying funds to emphasize and mitigate risk exposures that may arise as a result of the implementation of the allocations. When market conditions dictate a more defensive strategy, the Fund or an underlying fund may temporarily hold cash or invest its assets in temporary investments.

As a result, the Fund may not achieve its investment objective. Refer to Appendix A of the Prospectus for a brief description of the investment strategies of each of the currently available underlying funds. The underlying funds may change at any time without prior notice.

JSMFX Performance

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

JSMFX Risk Information

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

• 1-year volatility (annualised): 13.0%

JSMFX Costs and Fees

JSMFX costs about $74 per $10,000 invested per year in fund expenses.

• Net expense ratio: 0.74%
• Gross expense ratio: 2.23%
• Brokerage commissions: 9.49 bps of average net assets (SEC N-CEN)

JSMFX Cashflows

Over the 12 months to 2023-09, Janus Henderson Sustainable Multi-Asset Allocation Fund had net inflows of $5.22M, from monthly SEC N-PORT filings.

JSMFX Debt Constituents

No individual debt constituents are reported in Janus Henderson Sustainable Multi-Asset Allocation Fund's latest SEC N-PORT filing.

JSMFX Prospectus and SEC Filings

Official Janus Henderson Sustainable Multi-Asset Allocation Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

• Prospectus (485BPOS) — filed 2022-10-28
• Prospectus (485BPOS) — filed 2022-08-16
• Portfolio holdings (N-PORT) — filed 2023-11-29
• Portfolio holdings (N-PORT) — filed 2023-08-29
• Portfolio holdings (N-PORT) — filed 2023-05-30
• Annual census (N-CEN) — filed 2023-09-13

Related Funds

Other Capital Appreciation / Growth Allocation funds tracked on ABC INVEST:

• Catalyst/Millburn Hedge Strategy Fund (MBXAX)
• Roundhill Magnificent Seven ETF (MAGS)
• SPDR Bridgewater All Weather ETF (ALLW)
• Capital Appreciation Value Fund (JCAVX)
• Goldman Sachs Growth Strategy Portfolio (GGSIX)

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.