Janus Global Bond Fund (JGBDX)
Global Multi-Sector Approach, Dynamic Core Holding

FUND SNAPSHOT (JGBDX)

Who Should Consider This Fund?

Investors looking for a global bond fund that can serve as a core holding in a portfolio. The Fund seeks to provide risk adjusted returns and preserve capital.

Asset ClassFixed Income
Global/International
Share Class D
RISK TOLERANCE SPECTRUM
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. 

Yields

Distribution Yield at NAV (As of 1/31/17)

2.68%
30 Day SEC Yield (As of 1/31/17)
with waivers
without waivers

1.28%
1.12%
Distribution FrequencyMonthly
Fund Facts
Inception Date12/28/2010
NAV (As of 2/24/17)$9.33
Daily NAV Change$0.01
Daily NAV % Change0.11%
Total Net Assets (As of 1/31/17)$236.90M
Annual Expense Ratio
(As of fiscal year end 6/30/16)
GROSS 0.93%
NET 0.75%

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

Morningstar (As of 1/31/17)
CategoryUS Fund World Bond
Overall Rating™
(Based on risk-adjusted returns)
315 Funds Rated
View all Ratings
Fixed Income
Style Box
Performance (As of 12/31/16)
YTD (As of 2/24/17) 1.45%
1 Year 0.25%
3 Year 0.41%
5 Year 1.39%
Since Inception 2.25%

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 dynamic, global multi-sector fixed income fund seeks risk-adjusted returns and capital preservation. Our approach leverages a bottom-up, fundamentally driven investment process. 

Client Commitment Video

Fund Overview

CALENDAR YEAR PERFORMANCE
Data as of 1/31/17

TOP HOLDINGS (% of Fund)

Japanese Government CPI Linked Bond , 0.10%, 03/10/2026 4.09
New Zealand Government Bond , 5.00%, 03/15/2019 3.96
Canadian Government Bond , 1.50%, 06/01/2023 3.10
Spain Government Inflation Linked Bond , 1.80%, 11/30/2024 2.85
Australia Government Bond , 5.75%, 05/15/2021 2.24
Portugal Obrigacoes do Tesouro OT , 4.75%, 06/14/2019 2.06
Colombian TES , 7.50%, 08/26/2026 1.35
Starwood Retail Property Trust 2014-STAR , 4.02%, 11/15/2027 1.35
Canadian Government Bond , 0.75%, 03/01/2021 1.22
Nordea Hypotek AB , 1.00%, 04/08/2022 1.18
TOTAL23.40

SECTOR ALLOCATION (% of Fund)

Treasuries 40.05
Credit-Investment Grade 26.05
Inflation Linked 11.40
Credit-High Yield 5.62
CMBS 5.55
ABS 5.13
Non-US Collateralized 2.29
Bank Loans 0.53
Government Related 0.51
Cash & Equivalents 2.87

Treasuries include U.S. Treasuries and non-U.S. Government securities.

Why Invest in the Fund

DYNAMIC CORE GLOBAL BOND HOLDING

The Fund emphasizes risk-adjusted returns and capital preservation while seeking to identify the best opportunities across fixed income sectors globally. The strategy uses a bottom-up, fundamentally driven investment process.

INTEGRATED RESEARCH

Partnership and fluid communication between fixed income and equity analysts promote idea generation. Credit research emphasizes free cash flow generation, quality of management and security valuation.

SOPHISTICATED RISK MANAGEMENT

Our proprietary fixed income portfolio and risk-management system, Quantum Global, is integrated into the investment process at each step. We identify and measure the sources of risk in the portfolio at multiple levels to confirm that the portfolio is positioned as intended.

FUND MANAGEMENT

Chris Diaz

Chris Diaz, CFA

Fund Manager since 2011
Industry since 1997

Ryan Myerberg

Ryan Myerberg

Fund Manager since 2015
Industry since 2002