Janus Global Allocation Fund - Conservative (JMSCX)
Disciplined Global Allocation Seeking Risk-Adjusted Growth


Who Should Consider This Fund?

Investors looking for a diversified core investment with a focus on fixed income that can anchor their portfolio. The Fund actively re-allocates between stocks, bonds and alternatives in an attempt to provide strong risk adjusted returns over the long-term.

Asset ClassGlobal/International
Asset Allocation
Share Class D
target risk conservative

Funds are placed on the risk tolerance spectrum to demonstrate the wide spectrum of risk levels among asset classes in which they are expected to typically invest. The spectrum is for informational purposes only, is not intended to be forward looking and is subject to change. 

Fund Facts
Inception Date12/30/2005
NAV (As of 4/28/17)$12.51
Daily NAV Change$-0.02
Daily NAV % Change-0.16%
Total Net Assets (As of 3/31/17)$229.42M
Annual Expense Ratio
(As of fiscal year end 6/30/16)
GROSS 0.96%
NET 0.96%
Morningstar Fee Level
(As of 3/31/17)
Fee Level Group
(out of 79 funds)
World Allocation No Load

Net expense ratios reflect the expense waiver, if any, Janus Capital has contractually agreed to through 11/1/17.

Morningstar (As of 3/31/17)
CategoryUS Fund World Allocation
Overall Rating™
(Based on risk-adjusted returns)
396 Funds Rated
View all Ratings
Style Box
Fixed Income
Style Box
Performance (As of 3/31/17)
YTD (As of 4/28/17) 4.86%
1 Year 4.24%
3 Year 1.93%
5 Year 4.56%
10 Year 5.24%

Returns quoted are past performance and do not guarantee future results; current performance may be lower or higher. Investment returns and principal value will vary; there may be a gain or loss when shares are sold. For the most recent month-end performance click here.

Returns greater than one year are annualized.

Client Commitment

This fund of funds offers broad global diversification for investors by utilizing the full spectrum of Janus' investment expertise and solutions, with the goal of providing higher risk-adjusted returns than the broad markets.

Fund Overview

Data as of 3/31/17

TOP HOLDINGS (% of Fund)

Janus Global Bond Fund 37.77
Janus Short-Term Bond Fund 6.19
Janus Flexible Bond Fund 6.06
Janus Diversified Alternatives Fund 5.60
Janus Overseas Fund 5.56
Janus Adaptive Global Allocation Fund 5.19
Perkins Large Cap Value Fund 3.68
Perkins International Value Fund 3.35
Janus Emerging Markets Fund 3.01
INTECH International Managed Volatility Fund 2.63

Why Invest in the Fund


This fund actively allocates across a range of actively-managed equity, fixed income and alternative asset classes while providing opportunity for higher returns and lower volatility through the benefits of diversification.


The Portfolio Managers select from the full range of Janus, INTECH, and Perkins investment expertise to build this portfolio, allowing for more complete diversification across investment styles, geographies, and asset classes.


Targeting an allocation of 30-50% equities, 50-65% fixed income, and 0-20% alternatives, this fund may be suitable for conservative investors desiring a well-diversified portfolio that seeks to exceed the long-term returns of fixed income markets.


Enrique Chang

Enrique Chang

Fund Manager since 2014
Industry since 1988

Ashwin Alankar, Ph.D.

Ashwin Alankar, Ph.D.

Fund Manager since 2014
Industry since 2001