- What does JDFAX invest in?
- This fund primarily focuses on fixed-income securities, with a minimum of 80% of its net assets (including any capital borrowed for investment purposes) allocated to various types of bonds. These debt instruments encompass government and corporate bonds, commercial and residential mortgage-backed securities, asset-backed securities, credit risk transfer instruments, and money market instruments. A significant portion, specifically at least 65% of its net assets, will be held in investment-grade debt securities. Furthermore, the fund's exposure to higher-risk, high-yield bonds (commonly referred to as "junk bonds") is strictly limited to 35% or less of its net assets.
- What is the expense ratio of JDFAX?
- Janus Henderson Flexible Bond Fund Class A (JDFAX) charges an expense ratio of 0.83%. This is the annual fee deducted from fund assets to cover management and operations.
- What is JDFAX's dividend yield?
- JDFAX's trailing-twelve-month yield is 4.34%, calculated from the sum of dividends over the past year divided by the current price.
- What is the duration of JDFAX?
- Effective duration measures JDFAX's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. JDFAX's current duration is published on the fund's factsheet on the issuer's website.
- What is the credit quality of JDFAX?
- JDFAX's credit quality breakdown — the share of holdings rated AAA through CCC and below — is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.
- What is the yield to maturity of JDFAX?
- Yield to maturity (YTM) is the total return you'd earn from JDFAX if every bond in the portfolio is held to maturity at the current price. JDFAX's YTM is published on the fund's factsheet on the issuer's website — it differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.
