Janus Henderson Dividend & Income Builder Fund
HDAVX
NASDAQ- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Income
- Address
- Denver CO 80206 Denver CO United States of America 80206
- IPO Date
- Aug 2, 2012
- CIK
- 0000277751
- Website
- janushenderson.com
- Similar Companies
- Business
- Janus Henderson Dividend & Income Builder Fund (HDAVX) is a mutual fund managed by Janus Henderson Investors that seeks current income exceeding the average yield on global stocks, with a secondary objective of long-term capital appreciation. The fund invests, under normal circumstances, at least 80% of its net assets in income-producing securities, including at least 50% in dividend-paying equity securities such as common stocks, preferred stocks, depository receipts, equity REITs, and other equity-related instruments of companies with strong long-term business prospects, profitable operations, and attractive dividend levels that are undervalued relative to peers; up to 30% in fixed-income securities, encompassing high-yield corporate bonds, investment-grade bonds, sovereign debt from U.S. and international issuers, unrated bonds, and floating-rate securities across any maturity and credit quality. It maintains a diversified portfolio with exposure to U.S. and non-U.S. issuers, including emerging markets, without geographic limitations beyond investing in at least three countries, and may employ derivatives like forward currency contracts for hedging or bank borrowings for leverage. Janus Henderson Investors, the fund's investment adviser headquartered in London with key U.S. operations in Denver, Colorado, resulted from the 2017 merger of Janus Capital (founded 1969) and Henderson Investors (roots in 1934). The fund, part of Janus Investment Fund, traces its strategy to a predecessor fund reorganized in June 2017, with HDAVX Class A shares available since inception on August 1, 2012. It targets long-term investors across global markets in the equity income and fixed-income segments, with total assets under management at approximately $135 million, an expense ratio of 1.16%, and a portfolio turnover of 62% as of recent data. In recent developments, Janus Henderson reported five consecutive quarters of positive net flows through Q2 2025, culminating in assets under management reaching a record $457 billion, driven by its U.S. intermediary business, institutional inflows, and product diversification into active ETFs, tokenized treasury funds, and alternatives. A transformative strategic partnership with The Guardian Life Insurance Company of America was announced, under which Janus Henderson assumed management of Guardian's $45-46.5 billion investment-grade public fixed-income portfolio, significantly bolstering fixed-income capabilities relevant to funds like HDAVX. Moody's upgraded Janus Henderson's outlook to positive in 2025, citing improved flows, financial strength with a net cash position, and debt/EBITDA below 1.0x, amid ongoing challenges in active equity strategies.