About JHYAX
Janus Henderson High-Yield Fund Class A is a fixed income mutual fund that primarily invests at least 80% of its net assets in high-yield, non-investment grade debt securities and preference shares issued by U.S. companies, seeking high current income with secondary capital appreciation. This high-conviction, active strategy emphasizes a research-driven approach to security selection and portfolio construction, aiming to generate competitive risk-adjusted returns while mitigating drawdowns through careful management of credit cycle risks. The fund benefits from global credit expertise, with analysts covering issuers across various sectors and capital structures to identify outperformers and monitor fundamental risks. Its portfolio features diversified holdings in corporate bonds from industries such as energy, healthcare, gaming, software, and mining, including notable positions in issuers like Garda World Security Corp, Tallgrass Energy Partners, Jane Street Group, and LifePoint Health, alongside U.S. Treasury futures for hedging. Janus Henderson High-Yield Fund Class A plays a key role in the high-yield bond market by providing investors access to income-generating opportunities in below-investment-grade debt, supported by a team-focused, macro-aware process.
Fund Family Janus Henderson
Category High Yield Bond
Performance Rating Below Average
Risk Rating High
Stock Exchange NASDAQ
Ticker Symbol JHYAX
Share Class Class A
Index Bloomberg U.S. Corporate High Yield TR
JHYAX had a total return of 6.51% in the past year, including dividends. Since the fund's
inception, the average annual return has been 3.43%.
