- ISIN
- US47103E7343
- Issuer
- Janus Henderson
- Inception Date
- Dec 29, 2005
- Category
- Global Allocation
- Min. Investment
- $2,500
- Distribution Policy
- Distributing
- Asset Class
- Multi-Asset
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
Share Price Chart
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Performance
JMSCX Performance Chart
Janus Henderson Global Allocation Fund - Conservative (JMSCX) is up 5.6% since the beginning of the year. JMSCX is currently trading at $14 per share. Investors who bought $1,000 worth of JMSCX shares 5 years ago would now be looking at an investment worth $1,159.
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Returns By Period
Janus Henderson Global Allocation Fund - Conservative (JMSCX) has returned 5.62% so far this year and 14.44% over the past 12 months. Over the last ten years, JMSCX has returned 5.08% per year, falling short of the S&P 500 Index benchmark, which averaged 13.66% annually.
Janus Henderson Global Allocation Fund - Conservative
- 1D
- 0.30%
- 1M
- 3.21%
- YTD
- 5.62%
- 6M
- 6.10%
- 1Y
- 14.44%
- 3Y*
- 10.21%
- 5Y*
- 3.00%
- 10Y*
- 5.08%
Benchmark (S&P 500 Index)
- 1D
- -0.74%
- 1M
- 4.90%
- YTD
- 10.35%
- 6M
- 10.28%
- 1Y
- 26.52%
- 3Y*
- 20.83%
- 5Y*
- 12.30%
- 10Y*
- 13.66%
JMSCX Monthly Returns History
Based on dividend-adjusted daily data since Jan 3, 2006, JMSCX's average daily return is +0.02%, while the average monthly return is +0.39%. At this rate, an investment would double in approximately 14.8 years.
Historically, 65% of months were positive and 35% were negative. The best month was Nov 2020 with a return of +6.3%, while the worst month was Oct 2008 at -8.2%. The longest winning streak lasted 14 consecutive months, and the longest losing streak was 5 months.
On a daily basis, JMSCX closed higher 50% of trading days. The best single day was Oct 13, 2008 with a return of +3.4%, while the worst single day was Dec 27, 2013 at -5.2%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 1.56% | 1.00% | -3.88% | 4.04% | 2.59% | 0.37% | 5.62% | ||||||
| 2025 | 1.64% | 0.76% | -1.85% | 0.60% | 2.56% | 2.74% | 0.40% | 1.61% | 1.98% | 0.93% | 0.38% | 0.45% | 12.82% |
| 2024 | -0.72% | 1.08% | 2.32% | -2.97% | 2.34% | 1.06% | 2.44% | 1.61% | 1.51% | -2.22% | 2.19% | -2.00% | 6.61% |
| 2023 | 5.51% | -3.11% | 2.08% | 0.56% | -1.93% | 1.78% | 1.48% | -2.00% | -3.34% | -2.21% | 6.18% | 4.78% | 9.53% |
| 2022 | -3.61% | -1.38% | -1.49% | -5.95% | 0.18% | -5.87% | 3.97% | -3.36% | -6.58% | 2.11% | 6.21% | -1.70% | -16.89% |
| 2021 | -0.59% | 1.04% | -0.00% | 2.58% | 0.79% | 0.36% | 0.50% | 0.56% | -2.39% | 1.22% | -1.63% | 1.63% | 4.04% |
Benchmark Metrics
Janus Henderson Global Allocation Fund - Conservative has an annualized alpha of 1.10%, beta of 0.34, and R2 of 0.74 versus S&P 500 Index. Calculated based on daily prices since January 04, 2006.
- This fund participated in 50.74% of S&P 500 Index downside but only 42.13% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.34 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
- 1.10%
- Beta
- 0.34
- R²
- 0.74
- Upside Capture
- 42.13%
- Downside Capture
- 50.74%
Expense Ratio
JMSCX has an expense ratio of 0.27%, which is considered low.
Return for Risk
Risk / Return Rank
JMSCX ranks 56 for risk / return — on par with similar mutual funds. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Janus Henderson Global Allocation Fund - Conservative (JMSCX) and compare them to S&P 500 Index.
| JMSCX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.05 | ||
| Sortino ratioReturn per unit of downside risk | +0.14 | ||
| Omega ratioGain probability vs. loss probability | 1.43 | 1.41 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 2.72 | 2.93 | -0.21 |
| Martin ratioReturn relative to average drawdown | 11.67 | 13.52 | -1.85 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Dividends
Dividend History
Janus Henderson Global Allocation Fund - Conservative provided a 2.21% dividend yield over the last twelve months, with an annual payout of $0.30 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.30 | $0.30 | $0.28 | $0.19 | $0.24 | $1.31 | $0.63 | $0.60 | $0.47 | $0.75 | $0.15 | $0.65 |
Dividend yield | 2.21% | 2.34% | 2.40% | 1.68% | 2.37% | 10.31% | 4.68% | 4.85% | 4.01% | 5.93% | 1.28% | 5.48% |
Monthly Dividends
The table displays the monthly dividend distributions for Janus Henderson Global Allocation Fund - Conservative. 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 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.30 | $0.30 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.28 | $0.28 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.19 | $0.19 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.24 | $0.24 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.31 | $1.31 |
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 Global Allocation Fund - Conservative. 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 Global Allocation Fund - Conservative was 28.37%, occurring on Mar 9, 2009. Recovery took 398 trading sessions.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -28.37%Mar 2009 | 1y 4mo | 1y 7mo | 2y 11moNov 2007 - Oct 2010 |
Bear market2022 | -24.04%Oct 2022 | 1y 1mo | 2y 8mo | 3y 9moSep 2021 - Jun 2025 |
COVID crash2020 | -16.28%Mar 2020 | 1mo 4d | 3mo 24d | 4mo 28dFeb 2020 - Jul 2020 |
2016 correction2016 | -10.50%Jan 2016 | 8mo 27d | 1y 3mo | 1y 12moApr 2015 - Apr 2017 |
Rate-hike selloffLate 2018 | -9.74%Dec 2018 | 10mo 28d | 6mo 10d | 1y 5moJan 2018 - Jul 2019 |
Drawdown Indicators
| JMSCX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -28.37% | -56.78% | +28.41% |
Max Drawdown (1Y)Largest decline over 1 year | -5.40% | -9.10% | +3.70% |
Max Drawdown (3Y)Largest decline over 3 years | -8.06% | -18.90% | +10.84% |
Max Drawdown (5Y)Largest decline over 5 years | -24.04% | -25.43% | +1.39% |
Max Drawdown (10Y)Largest decline over 10 years | -24.04% | -33.92% | +9.88% |
Current DrawdownCurrent decline from peak | 0.00% | -0.74% | +0.74% |
Average DrawdownAverage peak-to-trough decline | -4.63% | -10.72% | +6.09% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.26% | 1.97% | -0.71% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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