Shareholder notice: Upcoming repositioning of the fund
The Board of Trustees of Janus Henderson Absolute Return Income Opportunities Fund recently approved changes to the Fund’s name, investment objective, strategies, and benchmark. These changes are part of an initiative to reposition the Fund to shift its focus from employing an “absolute return” strategy to investing in a multi-sector portfolio of debt securities that portfolio management believes have high income potential. The repositioning will be effective on or about March 4, 2026. Shareholders should consider whether the Fund remains an appropriate investment. Please see the supplement to the Fund’s prospectus for more detail.
Client Commitment
This benchmark-agnostic fund has the flexibility to invest across global fixed income markets. The Fund has latitude to act on high-conviction ideas and seeks to achieve positive absolute returns in a variety of market environments.
Why Invest in the Portfolio
Experienced Investors: The investment team focuses on managing strategies with absolute return targets that seek to provide a stable and consistent performance with a low tolerance for risk. The team has managed unconstrained, absolute return portfolios through marked periods of extreme volatility and stress.
Investment Flexibility Across a Global Opportunity Set: The Fund invests broadly across global fixed income markets and is not constrained by benchmark-specific guidelines. This latitude allows the team to fully express high-conviction active views and potentially or seeks to avoid areas where we see greater downside risk.
Uncorrelated Sources of Return: The Fund seeks to provide positive long-term returns through the combination of core fixed income securities and derivative-based, return-seeking strategies. This allows access to potential sources of returns that are intended to be uncorrelated to traditional risk assets.
