Please ensure Javascript is enabled for purposes of website accessibility Global Bond Fund - Janus Henderson Investors
For Institutional Investors in the US

JGBIX Global Bond Fund

A dynamic global bond fund that seeks superior risk-adjusted returns relative to the benchmark over a market cycle

NAV
$7.68
As of 02/27/2024

1-Day Change
$0.00 (0.00%)
As of 02/27/2024

YTD Return
-3.21%
As of 02/27/2024

Overview

Notice:

The Board of Trustees of the Fund approved a plan to liquidate and terminate Janus Henderson Global Bond Fund, with such liquidation effective on or about February 29, 2024, or at such other time as may be authorized by the Trustees. See the prospectus supplement for further details.
Effective January 2, 2024, the Fund will no longer accept investments by new shareholders. The Fund may be required to make a distribution of any income and/or capital gains of the Fund in connection with its liquidation.

ABOUT THIS FUND

This dynamic, global multi-sector fixed income fund seeks risk-adjusted returns and capital preservation.

WHY INVEST IN THIS FUND

Risk Management: Our risk process is focused on understanding portfolio behaviors and adjusting the risk exposure over a market cycle, seeking to deliver superior risk-adjusted returns relative to the benchmark.

Cross asset collaboration: We draw on the input and experience of specialists across different asset classes. Incorporating these insights results in a deeper understanding of the current investment regime, helping us to identify the major turning points and specific opportunities.

Scenario-driven research: Investment decisions are made through a probabilistic lens, not a central forecast. Our assessment is informed by considering the distribution of potential outcomes and in turn a focus on relative attractiveness of fixed income sectors.

PORTFOLIO MANAGEMENT

Helen Anthony, CFA

Portfolio Manager

Industry since 2010. Joined Firm in 2010.

John Pattullo

Co-Head of Global Bonds | Portfolio Manager

Industry since 1993. Joined Firm in 1997.

Jenna Barnard, CFA

Co-Head of Global Bonds | Portfolio Manager

Industry since 2001. Joined Firm in 2002.

Performance

RETURNS (%) (As of 12/31/2023)
Global Bond Fund - I Shares Bloomberg Global Aggregate Bond Index
 
3M YTD 1YR 3YR 5YR 10YR Since Inception
(12/28/2010)
Global Bond Fund - I Shares 9.63 5.01 5.01 -6.81 -0.62 0.32 1.21
Bloomberg Global Aggregate Bond Index 8.10 5.72 5.72 -5.51 -0.32 0.38 0.95
RETURNS (%) (As of 01/31/2024)
Global Bond Fund - I Shares Bloomberg Global Aggregate Bond Index
 
3M YTD 1YR 3YR 5YR 10YR Since Inception
(12/28/2010)
Global Bond Fund - I Shares 9.06 -1.97 -0.78 -7.19 -1.25 0.01 1.05
Bloomberg Global Aggregate Bond Index 7.90 -1.38 0.94 -5.67 -0.89 0.13 0.84
Calendar Year Returns (%)
Global Bond Fund - I Shares Bloomberg Global Aggregate Bond Index
2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Global Bond Fund - I Shares 5.01 -18.56 -5.35 13.04 5.95 -2.32 7.44 0.20 -4.30 5.81
Bloomberg Global Aggregate Bond Index 5.72 -16.25 -4.71 9.20 6.84 -1.20 7.39 2.09 -3.15 0.59

MORNINGSTAR PERCENTILE

(As Of 12/31/2023)
1 YR 3 YR 5 YR 10 YR SINCE INCEPTION
Percentile Ranking 77 82 63 45 30
Global Bond | Rank/Count 144/192 154/192 113/178 82/160 54/146
(As Of 01/31/2024)
1 YR 3 YR 5 YR 10 YR SINCE INCEPTION
Percentile Ranking 82 86 63 54 31
Global Bond | Rank / Count 150/180 158/180 109/169 91/151 56/146

RETURNS-BASED STATISTICS (As of 12/31/2023 Class I Shares)

RISK / REWARD
VS. Bloomberg Global Aggregate Bond TR Index
3YR 5YR
Information Ratio -0.76 -0.16
Alpha -0.10 0.04
Tracking Error 1.80 1.85
Beta 1.15 1.13
R-squared (%) 98.46 96.67
UP/DOWN MARKET CAPTURE (%)
VS. Bloomberg Global Aggregate Bond TR Index
3YR 5YR
Up Capture Ratio 111.49 111.32
Down Capture Ratio 113.53 111.50
STANDARD DEVIATION 3YR 5YR
Global Bond Fund 10.15 8.61
Bloomberg Global Aggregate Bond TR Index 8.77 7.50
SHARPE RATIO 3YR 5YR
Global Bond Fund -0.88 -0.28
Bloomberg Global Aggregate Bond TR Index -0.87 -0.29
ANNUAL FEES & EXPENSES (As of the most recent prospectus)
CLASS I SHARES
Management Fees 0.60%
Other Expenses 0.35%
Total Gross Expenses 0.95%
Waivers -0.24%
Total Net Expenses 0.71%

Portfolio

Index represents the Bloomberg Barclays Global Aggregate Bond Index.

Top Holdings (As of 01/31/2024)
% of Fund
Japan Government Ten Year Bond, 0.10%, 06/20/29 4.11
China Government Bond, 2.68%, 05/21/30 3.44
China Government Bond, 2.00%, 06/15/25 3.32
Japan Government Ten Year Bond, 0.40%, 06/20/25 2.92
China Government Bond, 3.29%, 05/23/29 2.80
Bundesrepublik Deutschland Bundesanleihe, 1.70%, 08/15/32 2.75
Japan Government Ten Year Bond, 0.10%, 06/20/31 2.47
Japan Government Ten Year Bond, 0.20%, 09/20/32 2.44
United Kingdom Gilt, 1.62%, 10/22/28 2.29
Pay Stockholm Interbank Offered Rates 3 Month Receive Fixed 3.2045%, 3.20%, 10/21/32 2.24
Total 28.78
View full holdings
Portfolio Characteristics (As of 01/31/2024)
  FUND INDEX
Number of Holdings
Debt Issues
229 29458
Portfolio Turnover Rate
(1-year trailing)
25.35% -
Weighted Average Maturity
(years)
8.62 10.26
Effective Duration
(years)
8.13 6.62
Yield to Worst
3.42% 3.59%

Yield to Worst is a portfolio level calculation that excludes cash and cash related costs.

Sector Allocation % OF FUND % of Index % OF FUND % of Index (As of 01/31/2024)
Regional Allocation % OF FUND % of Index % OF FUND % of Index (As of January 31, 2024)
Developed vs Emerging Markets % OF FUND % of Index % OF FUND % of Index (As of January 31, 2024)
Maturity Breakdown of Fixed Income Holdings % OF FUND % of Index % OF FUND % of Index (As of 01/31/2024)
Credit Quality of Fixed Income Holdings % OF FUND % of Index % OF FUND % of Index (As of January 31, 2024)

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