Janus Henderson Multi-Sector Income Fund (JMUIX) belongs to the Multisector Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with JMUIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to JMUIX
JMUIX charges 0.69% annually. There are 30 mutual funds in the Multisector Bonds category with lower expense ratios, going as low as 0.05%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Doubleline Selective Credit Fund | 0.05% | — | Aug 2014 | JMUIX vs DBSCX | |
| Vanguard Multi-Sector Income Bond Fund Admiral Sha... | 0.30% | — | Oct 2021 | JMUIX vs VMSAX | |
| JPMorgan Income Fund Class I | 0.40% | — | Jun 2014 | JMUIX vs JMSIX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | 0.40% | — | Jul 2016 | JMUIX vs BWDTX | |
| Mercer Opportunistic Fixed Income Fund | 0.44% | — | Aug 2013 | JMUIX vs MOFIX |
Best Risk-Adjusted Alternatives to JMUIX
JMUIX has a PortfoliosLab risk / return rank of 76. There are 23 mutual funds in the Multisector Bonds category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Nationwide Amundi Strategic Income Fund | 99 | — | Nov 2015 | JMUIX vs NWXHX | |
| Nationwide Strategic Income A | 99 | — | Nov 2015 | JMUIX vs NWXEX | |
| Rational Special Situations Income Fund | 98 | — | Jul 2019 | JMUIX vs RFXIX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | 98 | — | Jul 2016 | JMUIX vs BWDTX | |
| Oaktree Diversified Income Fund Inc. Class D | 98 | — | Nov 2021 | JMUIX vs ODIDX |
Top Performing JMUIX Alternatives (YTD)
JMUIX is at 0.78% YTD. There are 38 mutual funds in the Multisector Bonds category with higher YTD returns, going as high as 3.47%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| abrdn Income Credit Strategies Fund | 3.47% | — | Jan 2011 | JMUIX vs ACP | |
| BrandywineGLOBAL - Flexible Bond Fund | 3.07% | — | May 2016 | JMUIX vs LFLIX | |
| Saba Capital Income & Opportunities Fund | 3.06% | — | Dec 1987 | JMUIX vs BRW | |
| Intrepid Income Fund | 2.85% | — | Aug 2010 | JMUIX vs ICMUX | |
| Nationwide Amundi Strategic Income Fund | 2.57% | — | Nov 2015 | JMUIX vs NWXHX |
Lowest Volatility Alternatives to JMUIX
JMUIX has 3.33% 1-year volatility. There are 46 mutual funds in the Multisector Bonds category with lower 1-year volatility, going as low as 1.17%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Nationwide Amundi Strategic Income Fund | 1.17% | — | Nov 2015 | JMUIX vs NWXHX | |
| Nationwide Strategic Income A | 1.24% | — | Nov 2015 | JMUIX vs NWXEX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | 1.31% | — | Jul 2016 | JMUIX vs BWDTX | |
| Rational Special Situations Income Fund | 1.38% | — | Jul 2019 | JMUIX vs RFXIX | |
| Oaktree Diversified Income Fund Inc. Class D | 1.47% | — | Nov 2021 | JMUIX vs ODIDX |
Lowest Drawdown Alternatives to JMUIX
JMUIX has a 1-year max drawdown of -2.50%. There are 33 mutual funds in the Multisector Bonds category with shallower 1-year drawdowns, going as shallow as -0.41%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Nationwide Amundi Strategic Income Fund | -0.41% | — | Nov 2015 | JMUIX vs NWXHX | |
| Nationwide Strategic Income A | -0.43% | — | Nov 2015 | JMUIX vs NWXEX | |
| Rational Special Situations Income Fund | -0.72% | — | Jul 2019 | JMUIX vs RFXIX | |
| CrossingBridge Low Duration High Yield Fund | -0.73% | — | Jan 2018 | JMUIX vs CBLDX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | -1.00% | — | Jul 2016 | JMUIX vs BWDTX |
Other Mutual Funds from Janus Henderson
The 10 most viewed Janus Henderson mutual funds shown here include JNGTX, JNRFX, JAGTX and span 7 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Janus Henderson Global Technology and Innovation F... | Technology Equities | 30 | 18.30% | — | Dec 1998 | JMUIX vs JNGTX | |
| Janus Henderson Research Fund Class D | Large Cap Growth Equities, Actively Managed | 10 | 1.17% | — | May 1993 | JMUIX vs JNRFX | |
| Janus Global Technology and Innovation Fund | Technology Equities | 29 | 18.23% | — | Dec 1998 | JMUIX vs JAGTX | |
| Janus Henderson Enterprise Fund | Mid Cap Growth Equities | 22 | 7.83% | — | Sep 1992 | JMUIX vs JANEX | |
| Janus Henderson Forty Fund | Large Cap Growth Equities | 8 | -0.18% | — | May 1997 | JMUIX vs JARTX | |
| Janus Henderson Balanced Fund | Diversified Portfolio | 27 | 3.19% | — | Aug 1992 | JMUIX vs JANBX | |
| Janus Henderson Triton Fund | Small Cap Growth Equities | 49 | 14.10% | — | Feb 2005 | JMUIX vs JANIX | |
| Janus Henderson Global Technology and Innovation F... | Technology Equities | 29 | 18.32% | — | Dec 1998 | JMUIX vs JATIX | |
| Janus Henderson Contrarian Fund | Mid Cap Blend Equities | 19 | 14.02% | — | Feb 2000 | JMUIX vs JACNX | |
| Janus Henderson Forty Fund Class D | Large Cap Growth Equities | 8 | 0.04% | — | Dec 2009 | JMUIX vs JFRDX |
Often Compared With JMUIX
Investors most often compare JMUIX with VWELX, VGCAX, VBIAX. These 20 comparison targets span 10 categories, based on PortfoliosLab usage data.
Compare JMUIX with Any Fund or Stock
Compare JMUIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair JMUIX with funds that move differently
Janus Henderson Multi-Sector Income Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to JMUIX.
Explore JMUIX Diversifiers