- ISIN
- US47103E7186
- 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
JNSMX Performance Chart
Janus Henderson Global Allocation Fund - Moderate (JNSMX) is up 8.4% since the beginning of the year. JNSMX is currently trading at $15 per share. Investors who bought $1,000 worth of JNSMX shares 5 years ago would now be looking at an investment worth $1,282.
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Returns By Period
Janus Henderson Global Allocation Fund - Moderate (JNSMX) has returned 8.36% so far this year and 19.26% over the past 12 months. Over the last ten years, JNSMX has returned 6.99% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
Janus Henderson Global Allocation Fund - Moderate
- 1D
- 0.90%
- 1M
- 2.47%
- YTD
- 8.36%
- 6M
- 8.19%
- 1Y
- 19.26%
- 3Y*
- 12.53%
- 5Y*
- 5.10%
- 10Y*
- 6.99%
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%
JNSMX Monthly Returns History
Based on dividend-adjusted daily data since Dec 30, 2005, JNSMX's average daily return is +0.02%, while the average monthly return is +0.50%. At this rate, an investment would double in approximately 11.6 years.
Historically, 61% of months were positive and 39% were negative. The best month was Nov 2020 with a return of +8.1%, while the worst month was Oct 2008 at -11.5%. The longest winning streak lasted 14 consecutive months, and the longest losing streak was 6 months.
On a daily basis, JNSMX closed higher 51% of trading days. The best single day was Oct 13, 2008 with a return of +5.5%, while the worst single day was Mar 16, 2020 at -6.2%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 2.16% | 0.88% | -4.85% | 5.86% | 3.38% | 0.97% | 8.36% | ||||||
| 2025 | 2.20% | 0.32% | -2.31% | 0.49% | 3.81% | 3.36% | 0.53% | 2.03% | 2.36% | 1.01% | 0.50% | 0.55% | 15.72% |
| 2024 | -0.51% | 2.23% | 2.76% | -3.18% | 2.86% | 0.98% | 2.59% | 1.66% | 1.55% | -2.30% | 2.43% | -2.28% | 8.87% |
| 2023 | 6.47% | -2.99% | 1.72% | 0.62% | -2.04% | 2.90% | 2.11% | -2.50% | -3.71% | -2.48% | 6.87% | 4.93% | 11.71% |
| 2022 | -4.36% | -1.34% | -0.88% | -6.51% | 0.26% | -6.60% | 4.68% | -3.51% | -7.64% | 3.35% | 7.33% | -2.49% | -17.38% |
| 2021 | -0.71% | 2.08% | 0.56% | 3.21% | 0.81% | 0.67% | 0.33% | 1.06% | -3.09% | 2.17% | -2.32% | 2.44% | 7.25% |
Benchmark Metrics
Janus Henderson Global Allocation Fund - Moderate has an annualized alpha of 0.49%, beta of 0.53, and R2 of 0.86 versus S&P 500 Index. Calculated based on daily prices since December 30, 2005.
- This fund participated in 68.39% of S&P 500 Index downside but only 58.39% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.53 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
- 0.49%
- Beta
- 0.53
- R²
- 0.86
- Upside Capture
- 58.39%
- Downside Capture
- 68.39%
Expense Ratio
JNSMX has an expense ratio of 0.25%, which is considered low.
Return for Risk
Risk / Return Rank
JNSMX ranks 58 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 - Moderate (JNSMX) 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.
| JNSMX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.01 | ||
| Sortino ratioReturn per unit of downside risk | +0.15 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 1.37 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 2.71 | 2.78 | -0.07 |
| Martin ratioReturn relative to average drawdown | 11.66 | 12.44 | -0.78 |
Dividends
Dividend History
Janus Henderson Global Allocation Fund - Moderate provided a 5.45% dividend yield over the last twelve months, with an annual payout of $0.79 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 | $0.79 | $0.79 | $0.52 | $0.18 | $0.32 | $1.78 | $0.63 | $0.73 | $0.57 | $0.95 | $0.23 | $1.10 |
Dividend yield | 5.45% | 5.90% | 4.28% | 1.53% | 2.96% | 13.36% | 4.49% | 5.72% | 4.86% | 7.24% | 1.87% | 9.16% |
Monthly Dividends
The table displays the monthly dividend distributions for Janus Henderson Global Allocation Fund - Moderate. 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 | $0.79 | $0.79 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.52 | $0.52 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.18 | $0.18 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.32 | $0.32 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.78 | $1.78 |
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 - Moderate. 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 - Moderate was 39.85%, occurring on Mar 9, 2009. Recovery took 491 trading sessions.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -39.85%Mar 2009 | 1y 4mo | 1y 11mo | 3y 3moNov 2007 - Feb 2011 |
Bear market2022 | -25.15%Oct 2022 | 1y 1mo | 1y 11mo | 3y 13dSep 2021 - Sep 2024 |
COVID crash2020 | -22.89%Mar 2020 | 1mo 4d | 4mo 15d | 5mo 19dFeb 2020 - Aug 2020 |
2011 correction2011 | -14.09%Oct 2011 | 5mo 4d | 5mo 12d | 10mo 16dMay 2011 - Mar 2012 |
Rate-hike selloffLate 2018 | -12.78%Dec 2018 | 10mo 28d | 10mo 9d | 1y 9moJan 2018 - Oct 2019 |
Drawdown Indicators
| JNSMX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -39.85% | -56.78% | +16.93% |
Max Drawdown (1Y)Largest decline over 1 year | -7.00% | -9.10% | +2.10% |
Max Drawdown (3Y)Largest decline over 3 years | -10.60% | -18.90% | +8.30% |
Max Drawdown (5Y)Largest decline over 5 years | -25.15% | -25.43% | +0.28% |
Max Drawdown (10Y)Largest decline over 10 years | -25.15% | -33.92% | +8.77% |
Current DrawdownCurrent decline from peak | -0.00% | -1.80% | +1.80% |
Average DrawdownAverage peak-to-trough decline | -5.92% | -10.71% | +4.79% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.62% | 2.03% | -0.41% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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