Janus Henderson Emerging Markets Fund
HEMSX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
•
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
- Address
- Denver CO 80206 Denver CO United States of America 80206
- IPO Date
- Jun 5, 2017
- CIK
- 0000277751
- Similar Companies
- Business
- Janus Henderson Emerging Markets Fund (ticker: HEMSX) is an actively managed open-end mutual fund that seeks capital appreciation and income by investing primarily in equity securities of companies domiciled in or conducting the majority of their business in emerging market countries, as defined by the MSCI Emerging Markets Index, World Bank developing economy classifications, or the investment manager's assessment; the fund employs a style-agnostic, all-cap approach across industries, emphasizing opportunities beyond traditional indexes by reducing exposure to state-owned enterprises, incorporating governance analysis at the intersection of country risks, corporate fundamentals, and political developments, and utilizing derivatives such as total return swaps for efficient portfolio management, risk reduction, or achieving the investment objective of outperforming the MSCI Emerging Markets Index by 2% annualized over rolling five-year periods before fees. The fund targets long-term investors seeking exposure to dynamic emerging economies including those in Asia, Latin America, Eastern Europe, Africa, and the Middle East, with supplemental holdings permissible in non-emerging market equities, cash, and money market instruments. Managed by Janus Henderson Investors, a global asset manager founded through the 2017 merger of Janus Capital Group (established 1969, Denver, Colorado) and Henderson Group (established 1934, London, United Kingdom), with primary headquarters at 151 Detroit Street, Denver, CO, and additional major offices in London and worldwide locations supporting operations across equities, fixed income, multi-asset, and alternatives segments serving institutional, advisor, and retail clients. Share classes of the fund, including Class S (HEMSX, inception around 2017), Class A (HEMAX, inception 2010), Class C (HEMCX), Class D (HEMDX), and others, offer varying fee structures and minimum investments, with total net assets for certain classes recently reported around $20-22 million USD prior to recent developments. In a significant operational change announced in 2025, the Board of Trustees approved the fund's liquidation and termination, effective on or about July 30, 2025, with new shareholder investments ceasing on or about May 30, 2025, potentially triggering distributions of income and capital gains; this closure reflects strategic portfolio rationalization amid evolving market conditions. Janus Henderson, the fund's parent, has pursued aggressive expansion in recent years, including the 2024 acquisitions of Tabula Investment Management for European ETFs focused on fixed income and sustainable strategies, a strategic partnership with NBK Wealth to form an emerging markets private capital division tapping sovereign and corporate demand, and Victory Park Capital Advisors for global private credit capabilities to complement its securitized credit franchise, alongside receiving a non-binding $46 per share acquisition proposal from Trian Fund Management and General Catalyst in October 2025. These moves underscore Janus Henderson's focus on diversifying offerings, scaling alternatives and ETFs, and responding to client demand across public and private markets.