# Janus Henderson High-Yield Fund Class A (JHYAX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/jhyax 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: Actively Managed · Inception: 2005-08-04 The Janus Henderson High-Yield Fund Class A typically dedicates at least 80% of its total net assets (including any funds borrowed for investment purposes) to speculative-grade debt. These are high-yield, higher-risk securities that carry a rating below investment grade. The fund's investment universe can also extend to unrated securities considered equivalent to such non-investment-grade debt, as well as other income-producing assets that the portfolio managers believe present attractive risk-adjusted return opportunities. ## Key Facts | Metric | Value | |---|---| | Price | $7.15 | | Expense Ratio | 0.94% | | AUM (All Share Classes) | $1.33B | | NAV | $7.15 | | Holdings Count | — | | Distribution Yield (TTM) | 6.47% | | Annual Distribution (TTM) | $0.46 /share | | Distribution Frequency | Monthly | | 52-Week Range | $7.09 – $7.55 | | Beta | 0.71 | ## Latest Distribution - Amount: $0.0362 /share - Ex-date: 2026-09-30 - Pay date: 2026-09-30 ## Frequently Asked Questions ### What does JHYAX invest in? The Janus Henderson High-Yield Fund Class A typically dedicates at least 80% of its total net assets (including any funds borrowed for investment purposes) to speculative-grade debt. These are high-yield, higher-risk securities that carry a rating below investment grade. The fund's investment universe can also extend to unrated securities considered equivalent to such non-investment-grade debt, as well as other income-producing assets that the portfolio managers believe present attractive risk-adjusted return opportunities. ### What is the expense ratio of JHYAX? Janus Henderson High-Yield Fund Class A (JHYAX) charges an expense ratio of 0.94%. This is the annual fee deducted from fund assets to cover management and operations. ### What is JHYAX's dividend yield? JHYAX's trailing-twelve-month yield is 6.47%, calculated from the sum of dividends over the past year divided by the current price. ### How big is JHYAX? Janus Henderson High-Yield Fund Class A (JHYAX) is one share class of a fund that manages $1.33B across all of its share classes (JAHYX, JDHCX, JDHYX, JHYFX, JHYNX, JHYRX report the same total). Our data does not carry the assets of this share class alone. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is JHYAX actively managed or an index fund? JHYAX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (JHYAX's is 0.94%) in exchange for the discretion to over- or under-weight positions. ### When was JHYAX launched? Janus Henderson High-Yield Fund Class A (JHYAX) launched in August 2005 and is managed by Janus Henderson. ### Does JHYAX pay a dividend? Yes, Janus Henderson High-Yield Fund Class A (JHYAX) distributes dividends to shareholders. The trailing-twelve-month yield is 6.47%. Full dividend history is on this page. ### How often does JHYAX pay dividends? Janus Henderson High-Yield Fund Class A pays dividends Monthly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### When is JHYAX's next ex-dividend date? The most recently announced ex-dividend date for JHYAX was 2026-09-30. The next ex-date typically follows Monthly; once announced it appears at the top of the dividend history table on this page. ### How much will JHYAX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.94% 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 JHYAX charge its expense ratio? The expense ratio is deducted in tiny daily slices from JHYAX'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 JHYAX cost more than a fund like VOO? JHYAX is actively managed (current expense ratio 0.94%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether JHYAX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to JHYAX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as JHYAX (0.94%) 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/jhyax - Distribution history: https://www.dividenddata.com/funds/jhyax/dividend - Holdings & diversification: https://www.dividenddata.com/funds/jhyax/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/jhyax/expenses - Peer comparison: https://www.dividenddata.com/funds/jhyax/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.