Please ensure Javascript is enabled for purposes of website accessibility Global Equity Income Fund - Janus Henderson Investors - US Advisor
For Financial Professionals in the US

HFQTX Global Equity Income Fund

A high-conviction strategy that targets high, dependable income from high-yielding, high-quality global equities

NAV
$7.57
As of 01/22/2026

1-Day Change
$0.03 (0.40%)
As of 01/22/2026

YTD Return
4.27%
As of 01/22/2026

Overview

About this Fund

A long-only portfolio that seeks a high level of current income and steady capital appreciation. The Fund seeks global, high-quality, income-producing equities with a focus on international companies.

Why Invest in this Fund

Income, Regardless of Environment
With our global approach, we seek to take advantage of various market environments to find the best income-producing equities. We tend to focus on international equities where the income-generating potential may be greater.

Regional Rotation Strategy
We use a specialized rotation strategy intended to capitalize on the global seasonality of dividends.

Differentiated Income Option
The Fund may be an attractive alternative to preferred stock and fixed income. The Fund holds 100% equities with no leverage and a quarterly dividend distribution schedule.

Portfolio Management

Ben Lofthouse, CFA

Head of Global Equity Income | Portfolio Manager

Industry since 1998. Joined Firm in 2004.

Alex Crooke, ASIP

Portfolio Manager

Industry since 1990. Joined Firm in 1994.

Job Curtis, ASIP

Portfolio Manager

Industry since 1983. Joined Firm in 1987.

Charlotte Greville, CFA

Portfolio Manager

Industry since 2011. Joined Firm in 2011.

Performance

RETURNS (%) (As of 12/31/2025)
Global Equity Income Fund - Class T Shares MSCI World IndexSM 85% MSCI ACWI ex-US High Div Yld / 15% MSCI USA High Div Yld Index
 
3M YTD 1YR 3YR 5YR 10YR Since Inception
(11/30/2006)
Global Equity Income Fund - Class T Shares 5.93 29.80 29.80 15.34 10.16 7.70 5.61
MSCI World IndexSM 3.12 21.09 21.09 21.16 12.15 12.17 8.02
85% MSCI ACWI ex-US High Div Yld / 15% MSCI USA High Div Yld Index 6.21 27.98 27.98 16.63 10.74 8.89 5.47
RETURNS (%) (As of 12/31/2025)
Global Equity Income Fund - Class T Shares MSCI World IndexSM 85% MSCI ACWI ex-US High Div Yld / 15% MSCI USA High Div Yld Index
 
3M YTD 1YR 3YR 5YR 10YR Since Inception
(11/30/2006)
Global Equity Income Fund - Class T Shares 5.93 29.80 29.80 15.34 10.16 7.70 5.61
MSCI World IndexSM 3.12 21.09 21.09 21.16 12.15 12.17 8.02
85% MSCI ACWI ex-US High Div Yld / 15% MSCI USA High Div Yld Index 6.21 27.98 27.98 16.63 10.74 8.89 5.47
Calendar Year Returns (%)
Global Equity Income Fund - Class T Shares MSCI World IndexSM
2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Global Equity Income Fund - Class T Shares 29.80 7.11 10.37 -6.33 12.87 1.56 21.10 -15.74 19.25 4.79
MSCI World IndexSM 21.09 18.67 23.79 -18.14 21.82 15.90 27.67 -8.71 22.40 7.51

Morningstar Percentile

 (As of 12/31/2025) 1 YR 3 YR 5 YR 10 YR SINCE INCEPTION
Percentile Ranking 90 87 73 73 16
US Fund Foreign Large Value | Rank/Count 325/358 303/347 241/329 192/289 31/176
 (As of 12/31/2025) 1 YR 3 YR 5 YR 10 YR SINCE INCEPTION
Percentile Ranking 90 87 73 73 16
US Fund Foreign Large Value | Rank / Count 325/358 303/347 241/329 192/289 31/176

Growth of a Hypothetical Investment

Global Equity Income Fund - Class T Shares MSCI World IndexSM 85% MSCI ACWI ex-US High Div Yld / 15% MSCI USA High Div Yld Index Foreign Large Value

Returns-Based Statistics (As of 12/31/2025 Class I Shares)

RISK / REWARD
VS. 85% MSCI ACWI xUS HDY/15% MSCI USA HDY
3YR 5YR
Information Ratio -0.27 -0.09
Alpha 0.68 0.10
Tracking Error 3.69 3.98
Beta 0.84 0.94
R-squared (%) 87.37 89.93
UP/DOWN MARKET CAPTURE (%)
85% MSCI ACWI xUS HDY/15% MSCI USA HDY
3YR 5YR
Up Capture Ratio 87.25 95.16
Down Capture Ratio 83.58 96.21
STANDARD DEVIATION 3YR 5YR
Global Equity Income Fund 9.41 12.48
85% MSCI ACWI xUS HDY/15% MSCI USA HDY 10.49 12.64
SHARPE RATIO 3YR 5YR
Global Equity Income Fund 1.06 0.54
85% MSCI ACWI xUS HDY/15% MSCI USA HDY 1.06 0.57
Annual Fees & Expenses (As of the most recent prospectus)
CLASS T SHARES
Management Fees 0.65%
Other Expenses 0.30%
Total Gross Expenses 0.95%
Waivers 0.00%
Total Net Expenses 0.95%

Portfolio

Top Holdings (As of 12/31/2025)
% of Fund
British American Tobacco PLC 4.11
Imperial Brands PLC 2.95
TotalEnergies SE 2.94
Pfizer Inc 2.87
Samsung Electronics Co Ltd 2.57
MediaTek Inc 2.47
HSBC Holdings PLC 2.13
Rio Tinto PLC 2.09
Taiwan Semiconductor Manufacturing Co Ltd (ADR) 2.09
Banco de Sabadell SA 2.08
TOTAL 26.30
View full holdings
Portfolio Characteristics (As of 12/31/2025)
 
Number of Holdings
Equity Issues
69
Market Capitalization
Weighted Average
$121.87B
Portfolio Turnover Rate
(1-year trailing)
181.99%
Price/Earnings Ratio
(1-year forward)
12.38
Price/Book Ratio
2.11
Earnings Growth Rate
(1-year forward)
8.75%
Sector Allocation % of Fund % of Fund As of 12/31/2025
Regional Allocation % of Fund % of Fund As of 12/31/2025
Market Capitalization Range of Equity Holdings % of Fund % of Fund As of 12/31/2025

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