Janus Henderson Balanced Fund (JDBAX)
Janus Henderson Balanced Fund operates in the Asset Management industry of the Financial Services sector, headquartered in Denver, CO, US. The stock last traded at $50.69, up 0.34% on the session, giving a market capitalisation of $28.68B. Its beta of 0.92 implies it has historically moved less than the broad market.
The Janus Henderson Balanced Fund aims to achieve its investment goals by typically allocating between 35% and 65% of its portfolio to stocks, with the remaining portion invested in bonds and cash. A minimum of 25% of its total capital is dedicated to senior fixed-income instruments. The fund also has the flexibility to hold money market instruments and can invest in debt with both fixed and floating interest rates, spanning a range of maturities. Importantly, its exposure to higher-risk, high-yield bonds is strictly limited to 35% of the fixed-income segment of its net assets.
Janus Henderson Balanced Fund is most often compared with the following Financial Services names: