Janus Henderson Low Duration Multi-Sector Income Fund (JUCAX)
Janus Henderson Low Duration Multi-Sector Income Fund operates in the Asset Management - Income industry of the Financial Services sector, headquartered in Denver, CO, US. The stock last traded at $8.90, up 0.00% on the session, giving a market capitalisation of $51.1M. Its beta of 0.19 implies it has historically moved less than the broad market.
This fund primarily aims to achieve its investment objectives by dedicating at least 80% of its investable assets (comprising net assets plus any borrowings for investment purposes) to fixed-income securities. The portfolio's sensitivity to interest rate fluctuations, known as its average duration, is managed within a flexible range, potentially extending from negative two years to a maximum of four years. Furthermore, the fund has the discretion to utilize derivative instruments. These are sophisticated financial tools whose value is derived from, or directly linked to, an underlying asset, such as equity securities, fixed-income securities, commodities, currencies, interest rates, or broad market indices.
Janus Henderson Low Duration Multi-Sector Income Fund is most often compared with the following Financial Services names: