Janus Henderson Emerging Markets Fund - N Shares
HEMRX
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
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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
- Address
- Denver CO 80206 Denver CO United States of America 80206
- IPO Date
- Nov 30, 2015
- CIK
- 0000277751
- Similar Companies
- Business
- Janus Henderson Emerging Markets Fund - N Shares (HEMRX) is an open-end mutual fund that seeks long-term growth of capital by investing, under normal circumstances, at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities and equity-related instruments of companies located in emerging market countries or conducting a majority of their business in such markets; the fund targets companies of any market capitalization across all industries, including small-cap firms, and may also allocate to non-emerging market equities, cash equivalents, money market instruments, and derivatives such as total return swaps for efficient portfolio management, risk reduction, or achieving investment gains. It is actively managed with reference to the MSCI Emerging Markets Index (Net), aiming to outperform this benchmark by 2% per annum over rolling five-year periods before fees through a style-agnostic, all-cap approach emphasizing governance, country trends, and fundamental analysis; top holdings as of recent data include Taiwan Semiconductor Manufacturing Co Ltd (11.10%), HDFC Bank Ltd (4.76%), and Tencent Holdings Ltd (4.51%). The fund, classified as diversified under the 1940 Act, serves institutional and retail investors seeking exposure to emerging markets spanning MSCI-defined countries, World Bank developing economies, or those deemed developing by the investment manager, with primary operations through Janus Henderson Investors US LLC, an affiliate of Janus Henderson Group plc, headquartered in Denver, Colorado, and tracing origins to the 2017 merger of Janus Capital Group (founded 1969) and Henderson Global Investors (founded 1985). In a significant operational shift announced May 16, 2025, the Board of Trustees of Janus Investment Fund approved the liquidation and termination of the fund effective on or about July 30, 2025, ceasing new investments from approximately May 30, 2025, waiving contingent deferred sales charges for redemptions or exchanges, and planning automatic redemptions with potential capital gains distributions for remaining shareholders. This follows portfolio adjustments in 2024, including substantial reductions in Mexico exposure post-election due to policy concerns (e.g., sale of Grupo Financiero Banorte while retaining Wal-Mart de Mexico) and emphasis on structural tailwinds in supply chains benefiting India, Vietnam, Indonesia, and consumer recovery in India; the fund is increasing cash holdings ahead of liquidation to cover expenses and redemptions, potentially deviating from its strategy and incurring transaction costs. Janus Henderson Group, the parent entity managing approximately $457 billion in assets as of mid-2025, has pursued broader emerging markets expansion through 2024 acquisitions like NBK Capital Partners (rebranded Janus Henderson Emerging Markets Private Investments) and Tabula Investment Management for ETFs, alongside launching the Emerging Markets Debt Hard Currency ETF (JEMB) in August 2024, though these do not directly impact HEMRX.