# Janus Henderson Multi-Sector Income Fund - T Shares (JMUTX): Mutual Fund Facts & Distributions

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- Issuer: Janus Henderson · Asset class: Bond
- Strategy: Thematic · Inception: 2014-03-05

This fund seeks to generate significant income by primarily allocating its capital, under typical market conditions, to a globally diversified portfolio of fixed-income securities. These debt instruments originate from both U.S. and international markets, encompass a range of maturities, and are chosen by the portfolio managers for their strong income-generating potential. While the fund generally caps its exposure to speculative-grade (or "junk") bonds at 65% of its total assets, this limit can be temporarily surpassed in unusual situations, such as receiving unexpectedly large allocations...

## Key Facts

| Metric | Value |
|---|---|
| Price | $8.39 |
| Expense Ratio | 0.82% |
| Assets Under Management | $7.08B |
| NAV | $8.39 |
| Holdings Count | — |
| Distribution Yield (TTM) | 6.21% |
| Annual Distribution (TTM) | $0.52 /share |
| Distribution Frequency | Monthly |
| 52-Week Range | $8.35 – $8.82 |
| Beta | 0.70 |

## Latest Distribution

- Amount: $0.0417 /share
- Ex-date: 2026-09-30
- Pay date: 2026-09-30

## Frequently Asked Questions

### What does JMUTX invest in?

This fund seeks to generate significant income by primarily allocating its capital, under typical market conditions, to a globally diversified portfolio of fixed-income securities. These debt instruments originate from both U.S. and international markets, encompass a range of maturities, and are chosen by the portfolio managers for their strong income-generating potential. While the fund generally caps its exposure to speculative-grade (or "junk") bonds at 65% of its total assets, this limit can be temporarily surpassed in unusual situations, such as receiving unexpectedly large allocations of new bond offerings.

### What is the expense ratio of JMUTX?

Janus Henderson Multi-Sector Income Fund - T Shares (JMUTX) charges an expense ratio of 0.82%. This is the annual fee deducted from fund assets to cover management and operations.

### What is JMUTX's dividend yield?

JMUTX's trailing-twelve-month yield is 6.21%, calculated from the sum of dividends over the past year divided by the current price.

### What is the duration of JMUTX?

Effective duration measures JMUTX's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. JMUTX's current duration is published on the fund's factsheet on the issuer's website.

### What is the credit quality of JMUTX?

JMUTX'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 JMUTX?

Yield to maturity (YTM) is the total return you'd earn from JMUTX if every bond in the portfolio is held to maturity at the current price. JMUTX'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.

### Does JMUTX pay a dividend?

Yes, Janus Henderson Multi-Sector Income Fund - T Shares (JMUTX) distributes dividends to shareholders. The trailing-twelve-month yield is 6.21%. Full dividend history is on this page.

### How often does JMUTX pay dividends?

Janus Henderson Multi-Sector Income Fund - T Shares pays dividends Monthly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page.

### When is JMUTX's next ex-dividend date?

The most recently announced ex-dividend date for JMUTX 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 JMUTX's expense ratio cost me over 30 years?

On a $10,000 investment compounding at 7% gross return, a 0.82% 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 JMUTX charge its expense ratio?

The expense ratio is deducted in tiny daily slices from JMUTX'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 JMUTX cost more than a fund like VOO?

JMUTX's strategy (current expense ratio 0.82%) 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 JMUTX sits within its own category, which is the comparison that actually matters.

### Are there cheaper alternatives to JMUTX?

The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as JMUTX (0.82%) 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/jmutx
- Distribution history: https://www.dividenddata.com/funds/jmutx/dividend
- Holdings & diversification: https://www.dividenddata.com/funds/jmutx/diversification
- Fees & cheaper alternatives: https://www.dividenddata.com/funds/jmutx/expenses
- Peer comparison: https://www.dividenddata.com/funds/jmutx/peers

Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.