About JMUSX
Janus Henderson Multi-Sector Income Fund Class S is an open-ended mutual fund that specializes in diversified fixed income investments. Its primary objective is to deliver high current income, with a secondary emphasis on long-term capital appreciation. To achieve this, the fund holds a multi-sector portfolio composed of a broad range of debt securities, including U.S. and international government bonds, corporate bonds, commercial loans, mortgage-backed securities, asset-backed securities, and convertible bonds. Derivative instruments may also be used for risk management and income generation.
A distinctive feature of this fund is its dynamic allocation strategy, employing bottom-up, fundamental analysis to identify attractive risk-adjusted opportunities across different fixed income sectors. The fund typically maintains a significant allocation—between 35% and 65%—in below-investment-grade bonds, balancing income generation with risk control. Its active management style allows for allocations that may differ substantially from its benchmark, the Bloomberg U.S. Aggregate Bond Index.
With a large and diversified portfolio, the Janus Henderson Multi-Sector Income Fund Class S plays a significant role for investors seeking a steady stream of income with lower volatility than single-sector or high-yield-focused bond funds, making it a core holding in many income-focused strategies.
Fund Family Janus Henderson
Category Multisector Bond
Performance Rating Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol JMUSX
Share Class Class S
Index Bloomberg U.S. Aggregate Bond TR
JMUSX had a total return of 9.45% in the past year, including dividends. Since the fund's
inception, the average annual return has been 9.41%.