- ISIN
- US47103E2054
- Issuer
- Janus Henderson
- Inception Date
- Aug 31, 1992
- Category
- Diversified Portfolio
- Min. Investment
- $2,500
- Distribution Policy
- Distributing
- Asset Class
- Multi-Asset
- Asset Class Size
- Large-Cap
- Asset Class Style
- Growth
Share Price Chart
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Performance
JANBX Performance Chart
Janus Henderson Balanced Fund (JANBX) is up 3.9% since the beginning of the year. JANBX is currently trading at $50 per share. Investors who bought $1,000 worth of JANBX shares 5 years ago would now be looking at an investment worth $1,463.
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Returns By Period
Janus Henderson Balanced Fund (JANBX) has returned 3.93% so far this year and 14.83% over the past 12 months. Over the last ten years, JANBX has returned 10.43% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
Janus Henderson Balanced Fund
- 1D
- 0.89%
- 1M
- 1.50%
- YTD
- 3.93%
- 6M
- 3.89%
- 1Y
- 14.83%
- 3Y*
- 13.58%
- 5Y*
- 7.91%
- 10Y*
- 10.43%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
JANBX Monthly Returns History
Based on dividend-adjusted daily data since Sep 3, 1992, JANBX's average daily return is +0.03%, while the average monthly return is +0.62%. At this rate, an investment would double in approximately 9.3 years.
Historically, 63% of months were positive and 37% were negative. The best month was Dec 1998 with a return of +8.5%, while the worst month was Aug 1998 at -11.1%. The longest winning streak lasted 11 consecutive months, and the longest losing streak was 6 months.
On a daily basis, JANBX closed higher 53% of trading days. The best single day was Apr 9, 2025 with a return of +5.9%, while the worst single day was Dec 27, 1996 at -9.1%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.58% | -0.82% | -4.66% | 6.35% | 2.45% | 0.30% | 3.93% | ||||||
| 2025 | 2.03% | 0.09% | -4.07% | 0.47% | 4.78% | 4.53% | 1.31% | 1.21% | 2.33% | 1.68% | 0.19% | -0.22% | 14.99% |
| 2024 | 1.93% | 2.85% | 2.13% | -3.59% | 3.63% | 3.18% | 0.35% | 2.32% | 1.73% | -1.62% | 3.84% | -2.06% | 15.36% |
| 2023 | 4.65% | -2.31% | 2.94% | 1.58% | -0.85% | 2.88% | 1.95% | -1.26% | -3.94% | -1.67% | 7.08% | 3.94% | 15.38% |
| 2022 | -4.57% | -2.12% | 0.29% | -7.00% | -0.08% | -4.94% | 6.26% | -3.35% | -6.99% | 3.94% | 4.99% | -3.32% | -16.60% |
| 2021 | -1.56% | 1.51% | 1.70% | 4.06% | 0.25% | 2.39% | 2.53% | 1.61% | -3.66% | 4.77% | -0.09% | 2.78% | 17.22% |
Benchmark Metrics
Janus Henderson Balanced Fund has an annualized alpha of 2.35%, beta of 0.51, and R2 of 0.77 versus S&P 500 Index. Calculated based on daily prices since September 03, 1992.
- This fund participated in 61.16% of S&P 500 Index downside but only 60.25% of its upside - more exposed to losses than it benefited from rallies.
- This fund generated an annualized alpha of 2.35% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
- Beta of 0.51 indicates this fund moves significantly less than S&P 500 Index - a genuinely defensive profile with reduced participation in both market rallies and downturns.
- Alpha
- 2.35%
- Beta
- 0.51
- R²
- 0.77
- Upside Capture
- 60.25%
- Downside Capture
- 61.16%
Expense Ratio
JANBX has an expense ratio of 0.70%, placing it in the medium range.
Return for Risk
Risk / Return Rank
JANBX ranks 34 for risk / return — below 34% of mutual funds on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Janus Henderson Balanced Fund (JANBX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| JANBX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.44 | ||
| Sortino ratioReturn per unit of downside risk | -0.47 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.37 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | 1.80 | 2.78 | -0.98 |
| Martin ratioReturn relative to average drawdown | 7.70 | 12.44 | -4.74 |
Dividends
Dividend History
Janus Henderson Balanced Fund provided a 8.50% dividend yield over the last twelve months, with an annual payout of $4.24 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $4.24 | $4.24 | $3.18 | $0.95 | $0.73 | $2.07 | $1.02 | $1.05 | $2.19 | $1.53 | $0.75 | $1.68 |
Dividend yield | 8.50% | 8.78% | 6.96% | 2.25% | 1.95% | 4.50% | 2.49% | 2.85% | 7.06% | 4.65% | 2.55% | 5.81% |
Monthly Dividends
The table displays the monthly dividend distributions for Janus Henderson Balanced Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.22 | $0.00 | $0.00 | $0.00 | $0.22 | ||||||
| 2025 | $0.00 | $0.00 | $0.22 | $0.00 | $0.00 | $0.22 | $0.00 | $0.00 | $0.21 | $0.00 | $0.00 | $3.59 | $4.24 |
| 2024 | $0.00 | $0.00 | $0.24 | $0.00 | $0.00 | $0.23 | $0.00 | $0.00 | $0.23 | $0.00 | $0.00 | $2.49 | $3.18 |
| 2023 | $0.00 | $0.00 | $0.33 | $0.00 | $0.00 | $0.20 | $0.00 | $0.00 | $0.21 | $0.00 | $0.00 | $0.22 | $0.95 |
| 2022 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.41 | $0.73 |
| 2021 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $1.76 | $2.07 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Janus Henderson Balanced Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Janus Henderson Balanced Fund was 31.70%, occurring on Mar 9, 2009. Recovery took 477 trading sessions.
The current Janus Henderson Balanced Fund drawdown is 0.18%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -31.70%Mar 2009 | 1y 4mo | 1y 10mo | 3y 2moNov 2007 - Jan 2011 |
Dot-com crash2000–2002 | -31.07%Oct 2002 | 2y 6mo | 4y 4mo | 6y 11moMar 2000 - Feb 2007 |
COVID crash2020 | -22.49%Mar 2020 | 1mo 2d | 4mo 14d | 5mo 16dFeb 2020 - Aug 2020 |
Bear market2022 | -21.52%Oct 2022 | 9mo 20d | 1y 4mo | 2y 1moDec 2021 - Feb 2024 |
1998 correction1998 | -19.22%Oct 1998 | 2mo 20d | 2mo 1d | 4mo 21dJul 1998 - Dec 1998 |
Drawdown Indicators
| JANBX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.70% | -56.78% | +25.08% |
Max Drawdown (1Y)Largest decline over 1 year | -8.13% | -9.10% | +0.97% |
Max Drawdown (3Y)Largest decline over 3 years | -11.91% | -18.90% | +6.99% |
Max Drawdown (5Y)Largest decline over 5 years | -21.52% | -25.43% | +3.91% |
Max Drawdown (10Y)Largest decline over 10 years | -22.49% | -33.92% | +11.43% |
Current DrawdownCurrent decline from peak | -0.18% | -1.80% | +1.62% |
Average DrawdownAverage peak-to-trough decline | -6.63% | -10.71% | +4.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.90% | 2.03% | -0.13% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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