Top 5 Janus Henderson Funds for Retirement in 2020

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Janus Henderson Investors is a global investment manager with $294.4 billion in assets under management (AUM) as of March 2020. The company was formed in 2017 following the merger of Janus Capital Group (founded in the United States in 1969) and Henderson Global Investors (founded in the United Kingdom in 1934). Janus Henderson employs more than 2,000 investment professionals in 27 offices worldwide. Its fund managers typically have more than 20 years of investment experience and a decade of tenure at the firm.

Below we review five of the company’s key offerings.

Key Takeaways

  • Janus Capital Group and and Henderson Global Investors merged in 2017 to form Janus Henderson Investors.
  • The company had $294.4 billion in assets under management as of March 2020.
  • The fund manger employs more than 2,000 people at its 27 offices worldwide.

Janus Balanced Fund

The Janus Balanced Fund aims to provide returns similar to the S&P 500 Index but with less volatility. This is achieved by investing in large-cap growth companies and U.S. Treasury bonds. The fund takes a dynamic asset allocation approach to the market, holding between 35% and 65% of assets in equity positions, depending on investment conditions.

As of March 2020, the fund’s largest holding was Microsoft (MSFT). Its next largest holding was a U.S. Treasury bond. The fund had $17.5 billion in assets. Since its inception in September 1992, the fund’s Class T shares have returned 9.28% annually, compared to 9.01% for the S&P 500. Expenses for Class T shares are 0.83% annually.

Janus Growth and Income Fund

The Janus Growth and Income Fund is positioned in large-cap high-quality companies, which it defines has companies with records of revenue and earnings growth and dividend increases. As of March 2020, the fund held nearly $5 billion in assets invested in 61 companies. Top holdings include Microsoft (MSFT), Apple (AAPL) and Merck (MRK). Since its inception in May 1991, the fund’s Class D shares have returned 9.89% annually, compared to 9.2% for their benchmark, the S&P 500 index. Expenses are 0.76% annually.

Janus Global Allocation Fund Conservative

This fund invests in other Janus family funds. The aim is provide higher returns and lower volatility through global diversification. As of March 2020, the fund allocated 42% of holdings to the Janus Henderson Global Bond Fund. Another 20% had been allocated to the Janus Flexible Bond Fund. Since the fund’s inception in December 2005, the fund’s Class D shares have returned 4.94% annually. The expense ratio is 0.93%.

Janus Enterprise Fund

The Janus Enterprise Fund focuses on mid-cap growth companies with a track record of long, sustainable growth. Information technology companies account for nearly 35% of the fund’s holdings, followed by healthcare at 19%. The Janus Enterprise Fund is positioned in 80 companies, each with average market capitalization of $18 billion. As of March 2020, the fund held nearly $17 billion in assets. Since the fund’s inception in September 1992, the Class T shares have returned 10.24% annually. The expense ratio for Class T shares is 0.91%.

Janus Triton Fund

The Janus Triton Fund seeks out small to mid-cap growth companies that have the potential to outperform their peers through innovative business models or unique products or services. Healthcare and information technology each comprise about 25% of the fund’s more than 120 holdings. The typical company in the Janus Triton Fund has a $5 billion market capitalization. As of March 2020, the fund held $8.3 billion in assets. Since the fund’s inception in February 2005, the Class T shares have returned 10.14% annually. The expense ratio for Class T shares is 0.91%.

Fast Fact

Fund portfolio turnover rates can increase the holder’s tax liability, which makes mutual funds more suitable for holding in an IRA.

Bottom Line

Turnover rates of fund portfolios can add to tax liability, which makes these funds more suitable for holding in an IRA. Holding the Janus Balanced Fund or the Janus Growth and Income Fund inside a Roth IRA would allow returns to be withdrawn free of taxes.

Asset allocation depends on individual risk tolerance. Investors who are 20 years from retirement should consider a heavier allocation toward equities, which is offered by the Janus Balanced Fund, Janus Enterprise Fund and the Janus Triton Fund. Investors nearing retirement should consider a heavier allocation toward fixed-income, such as what is offered by the Janus Global Allocation Fund — Conservative.



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