For Financial Professionals in the US

HDIVX Dividend & Income Builder Fund

A global strategy that aims to provide investors a stream of high income over time from both equity and fixed income securities

NAV
$14.97
As of 05/11/2021

1-Day Change
-$0.15 (-0.99%)
As of 05/11/2021

YTD Return
7.62%
As of 05/11/2021

Overview

ABOUT THIS FUND

A globally diversified portfolio of income-producing securities. The Fund combines dividend-paying equities of U.S. and non-U.S. companies with an allocation to fixed income securities, including but not exclusively, high-yield and investment-grade corporate bonds. The Fund employs a bottom-up stock selection process with asset allocation decisions driven by an assessment of the relative attractiveness of income opportunities and views on the market environment.

WHY INVEST IN THIS FUND

Seeks High & Rising Income
We seek to provide a level of income which exceeds the average yield of global stocks and aims to provide a growing stream of income over time.

Risk-Aware Asset Allocation
The fixed income allocation is used opportunistically to potentially preserve capital when the portfolio management team thinks the macro environment dictates. This allows the team to seek to reduce volatility further where appropriate.

Experienced Management Team
Respected equity and fixed income teams with extensive investment management experience.

Knowledge. Shared

At Janus Henderson, we believe in the sharing of expert insight for better investment and business decisions.

We call this ethos Knowledge. Shared.

PORTFOLIO MANAGEMENT

Ben Lofthouse, CFA

Head of Global Equity Income | Portfolio Manager

Industry since 1998. Joined Firm in 2004.

Alex Crooke

Co-Head of Equities – EMEA and Asia Pacific | Portfolio Manager

Industry since 1990. Joined Firm in 1994.

Faizan Baig, CFA

Portfolio Manager

Industry since 2007. Joined Firm in 2015.

Jenna Barnard, CFA

Co-Head of Strategic Fixed Income | Portfolio Manager

Industry since 2001. Joined Firm in 2002.

John Pattullo

Co-Head of Strategic Fixed Income | Portfolio Manager

Industry since 1993. Joined Firm in 1997.

Performance

RETURNS (%) (As of 03/31/2021)
Dividend & Income Builder Fund - Class I Shares MSCI World Index℠ 75% MSCI World/25% BBgBarc Global Agg Credit (USD Hedged) Index
 
3M YTD 1YR 3YR 5YR Since Inception
(08/01/2012)
Dividend & Income Builder Fund - Class I Shares 3.66 3.66 32.71 6.46 7.46 7.87
MSCI World Index℠ 4.92 4.92 54.03 12.81 13.36 11.95
75% MSCI World/25% BBgBarc Global Agg Credit (USD Hedged) Index 2.89 2.89 41.32 11.23 11.29 10.11
RETURNS (%) (As of 04/30/2021)
Dividend & Income Builder Fund - Class I Shares MSCI World Index℠ 75% MSCI World/25% BBgBarc Global Agg Credit (USD Hedged) Index
 
3M YTD 1YR 3YR 5YR Since Inception
(08/01/2012)
Dividend & Income Builder Fund - Class I Shares 7.10 6.25 29.03 6.78 7.77 8.09
MSCI World Index℠ 10.91 9.80 45.33 14.10 14.03 12.41
75% MSCI World/25% BBgBarc Global Agg Credit (USD Hedged) Index 7.64 6.65 34.18 12.29 11.78 10.46
CALENDAR YEAR RETURNS (%)
Dividend & Income Builder Fund - Class I Shares MSCI World Index℠
2013 2014 2015 2016 2017 2018 2019 2020
Dividend & Income Builder Fund - Class I Shares 20.81 1.10 1.68 4.45 17.78 -9.07 18.84 5.20
MSCI World Index℠ 26.68 4.94 -0.87 7.51 22.40 -8.71 27.67 15.90

MORNINGSTAR PERCENTILE

(As Of 03/31/2021)
1 YR 3 YR 5 YR 10 YR SINCE INCEPTION
Percentile Ranking 53 54 57 - 19
World Allocation Category|Rank/Count 249/471 259/436 223/410 -/- 62/365
(As Of 04/30/2021)
1 YR 3 YR 5 YR 10 YR SINCE INCEPTION
Percentile Ranking 52 59 56 - 20
World Allocation Category|Rank/Count 234/455 281/432 222/405 -/- 67/360
GROWTH OF A HYPOTHETICAL INVESTMENT

RETURNS-BASED STATISTICS (As of 03/31/2021 Class I Shares)

RISK / REWARD
VS. MSCI World Index℠
3YR 5YR
Information Ratio -1.03 -1.14
Alpha -2.74 -2.17
Tracking Error 6.15 5.15
Beta 0.73 0.73
R-squared (%) 92.92 90.98
UP/DOWN MARKET CAPTURE (%)
VS. MSCI World Index℠
3YR 5YR
Up Capture Ratio 63.29 65.63
Down Capture Ratio 78.09 80.20
STANDARD DEVIATION 3YR 5YR
Dividend & Income Builder Fund 13.64 11.27
MSCI World Index℠ 18.12 14.63
SHARPE RATIO 3YR 5YR
Dividend & Income Builder Fund 0.37 0.56
MSCI World Index℠ 0.63 0.83
ANNUAL FEES & EXPENSES (As of Fiscal Year End, 06/30/2020)
CLASS I SHARES
Management Fees 0.75%
Other Expenses 0.25%
Total Gross Expenses 1.00%
Waivers -0.09%
Total Net Expenses 0.91%

Portfolio

Index represents the MSCI World Index℠.

Top Holdings (As of 03/31/2021)
% of Fund
Microsoft Corp 3.38
Samsung Electronics Co Ltd 3.09
Zurich Insurance Group AG 2.97
Cisco Systems Inc/Delaware 2.53
Taiwan Semiconductor Manufacturing Co Ltd (ADR) 2.42
Nestle SA 2.14
Volvo AB 2.10
UPM-Kymmene Oyj 2.09
UBS Group AG 2.08
Medtronic PLC 1.84
Total 24.64
View Full Holdings
Portfolio Characteristics (As of 03/31/2021)
  FUND INDEX
Number of Holdings
Equity Issues
67 1586
Number of Holdings
Debt Issues
23 0
Market Capitalization
Weighted Average
$190.06B $320.01B
Portfolio Turnover Rate
(1-year trailing)
67.99% -
Price/Earnings Ratio
(1-year forward)
18.03 26.12
Price/Book Ratio
(1-year forward)
4.80 5.83
Earnings Growth Rate
(1-year forward)
12.93% 19.05%
Weighted Average Maturity
(years)
8.92 -
Effective Duration
(years)
6.05 0.00
Regional Allocations % OF FUND % of Index % OF FUND % of Index (As of 03/31/2021)
Europe 51.85 19.15
North America 39.14 69.47
Asia/Pacific Ex Japan 5.50 3.67
Japan 1.30 7.52
Latin America 0.41 0.01
Cash & Equivalents 1.80 -
MARKET CAPITALIZATION RANGE OF EQUITY HOLDINGS % OF FUND % OF INDEX % OF FUND % OF INDEX (As of 03/31/2021)
Over $100B 35.54 47.06
$50B to $100B 19.83 17.49
$10B to $50B 21.75 31.28
$5B to $10B 2.27 3.50
$1B to $5B 2.32 0.43
N/A 3.08 0.24
MATURITY BREAKDOWN OF FIXED INCOME HOLDINGS % OF FUND % OF INDEX % OF FUND % OF INDEX (As of 03/31/2021)
3 - 5 yrs 0.38 -
5 - 7 yrs 3.11 -
7 - 10 yrs 7.75 -
10 - 20 yrs 2.17 -

Documents

TOP