# Janus Henderson Balanced Fund (JDBAX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/jdbax for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Janus Henderson · Asset class: Equity - Strategy: Thematic · Inception: 2005-01-25 The Janus Henderson Balanced Fund aims to achieve its investment goals by typically allocating between 35% and 65% of its portfolio to stocks, with the remaining portion invested in bonds and cash. A minimum of 25% of its total capital is dedicated to senior fixed-income instruments. The fund also has the flexibility to hold money market instruments and can invest in debt with both fixed and floating interest rates, spanning a range of maturities. Importantly, its exposure to higher-risk, high-yield bonds is strictly limited to 35% of the fixed-income segment of its net assets. ## Key Facts | Metric | Value | |---|---| | Price | $49.26 | | Expense Ratio | 0.89% | | Assets Under Management | $26.80B | | NAV | $49.26 | | Holdings Count | — | | Distribution Yield (TTM) | 8.40% | | Annual Distribution (TTM) | $4.14 /share | | Distribution Frequency | Quarterly | | 52-Week Range | $44.79 – $52.03 | | Beta | 0.92 | ## Latest Distribution - Amount: $0.2031 /share - Ex-date: 2026-09-30 - Pay date: 2026-09-30 ## Frequently Asked Questions ### What does JDBAX invest in? The Janus Henderson Balanced Fund aims to achieve its investment goals by typically allocating between 35% and 65% of its portfolio to stocks, with the remaining portion invested in bonds and cash. A minimum of 25% of its total capital is dedicated to senior fixed-income instruments. The fund also has the flexibility to hold money market instruments and can invest in debt with both fixed and floating interest rates, spanning a range of maturities. Importantly, its exposure to higher-risk, high-yield bonds is strictly limited to 35% of the fixed-income segment of its net assets. ### What is the expense ratio of JDBAX? Janus Henderson Balanced Fund (JDBAX) charges an expense ratio of 0.89%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is JDBAX? Janus Henderson Balanced Fund (JDBAX) manages $26.80B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is JDBAX actively managed or an index fund? JDBAX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy. ### When was JDBAX launched? Janus Henderson Balanced Fund (JDBAX) launched in January 2005 and is managed by Janus Henderson. ### How has JDBAX performed? JDBAX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon. ### Does JDBAX pay a dividend? Janus Henderson Balanced Fund (JDBAX) currently distributes little or no income. Trailing-twelve-month yield is 8.40%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does JDBAX pay dividends? Janus Henderson Balanced Fund pays dividends Quarterly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is JDBAX's dividend yield? JDBAX's trailing-twelve-month yield is 8.40%, calculated from the sum of dividends over the past year divided by the current price. ### When is JDBAX's next ex-dividend date? The most recently announced ex-dividend date for JDBAX was 2026-09-30. The next ex-date typically follows Quarterly; once announced it appears at the top of the dividend history table on this page. ### How much will JDBAX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.89% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does JDBAX charge its expense ratio? The expense ratio is deducted in tiny daily slices from JDBAX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does JDBAX cost more than a fund like VOO? JDBAX's strategy (current expense ratio 0.89%) is different from a broad-market index tracker like VOO, so its fee belongs to a different cohort. The Cost Verdict card above shows you where JDBAX sits within its own category, which is the comparison that actually matters. ### Are there cheaper alternatives to JDBAX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as JDBAX (0.89%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/jdbax - Distribution history: https://www.dividenddata.com/funds/jdbax/dividend - Holdings & diversification: https://www.dividenddata.com/funds/jdbax/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/jdbax/expenses - Peer comparison: https://www.dividenddata.com/funds/jdbax/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.