- Sector
- Financial Services
- Industry
- Asset Management - Bonds
- Address
- Denver CO 80206 Denver CO United States of America 80206
- IPO Date
- May 3, 2001
- Business
- Janus Henderson Flexible Bond Fund (JADFX) is an open-end mutual fund managed by Janus Henderson Investors that seeks maximum total return, consistent with preservation of capital, by normally investing at least 80% of its net assets in bonds. The fund pursues a flexible core-plus strategy through a research-driven process involving strategic asset allocation, sector rotation, and bottom-up security selection across fixed income market inefficiencies; its portfolio emphasizes U.S. bonds (approximately 90%), including government securities such as U.S. Treasury notes and bonds, corporate bonds, agency mortgage-backed securities, commercial mortgage-backed securities, asset-backed securities, and limited high-yield bonds (capped at 35%), with minor allocations to cash equivalents, non-U.S. bonds, and emerging markets debt ETFs. Launched on July 6, 2009, the fund is domiciled in the United States and available primarily to U.S. investors, with total net assets of approximately $2.72 billion as of late 2025.
Janus Henderson Investors, the fund's manager, is a global asset management firm formed by the 2017 merger of Janus Capital Group (founded 1969 in Denver, Colorado) and Henderson Global Investors (roots dating to 1934 in London), headquartered at 151 Detroit Street, Denver, Colorado, with additional major offices in London and worldwide locations including Asia-Pacific, Europe, and the Middle East.
The fund is co-managed by an experienced team including Michael Keough (since 2015, industry since 2006), Greg Wilensky (since 2020, industry since 1993), and John Lloyd (since June 2024, industry since 1998), leveraging over 76 years of combined experience and a global research platform.
Recent developments at Janus Henderson Investors include the April 2025 strategic partnership with Guardian Life, under which Janus Henderson manages Guardian's $45 billion investment-grade public fixed income portfolio, receives equity warrants, and secures up to $400 million in seed capital for fixed income product innovation including securitized credit and active ETFs; acquisitions in 2024 of Victory Park Capital (global private credit, enhancing securitized assets), NBK Capital Partners (now Janus Henderson Emerging Markets Private Investments), and Tabula Investment Management; and a 2023 joint venture with Privacore Capital for alternative investments distribution.