Janus Henderson Balanced Fund - N Shares (JABNX) is a mutual fund managed by Janus Henderson Investors that seeks long-term capital growth, consistent with preservation of capital and balanced by current income. The fund pursues its objective through a dynamic asset allocation strategy, normally investing 35%-70% of its assets in equity securities, including high-conviction large-cap growth equities, and the remainder in fixed-income securities such as an active intermediate-term bond strategy; it features integrated research where equity and fixed income analysts collaborate across global sectors. With over 30 years of history providing S&P 500-like returns with significantly less volatility, the fund operates primarily in the U.S. market as part of Janus Henderson Investors' broader offerings in equities, fixed income, and multi-asset solutions for institutional and retail investors worldwide. Janus Henderson Investors, the fund's manager, was formed in 2017 from the merger of Janus Capital Group (founded 1969) and Henderson Group, with global headquarters in London, UK, and a key U.S. office in Denver, Colorado. Recent developments include the confirmation of an acquisition proposal received in October 2025, under board review by a special committee; earlier strategic moves encompass two 2024 acquisitions in ETFs and emerging markets alongside a partnership with NBK Wealth to establish a new emerging markets private capital division.