Janus Henderson Flexible Bond Fund
JDFRX
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
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Bonds
- Address
- Denver CO 80206 Denver CO United States of America 80206
- IPO Date
- Oct 4, 2004
- CIK
- 0000277751
- Website
- janushenderson.com
- Similar Companies
- Business
- Janus Henderson Flexible Bond Fund (JDFRX) 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 a diversified portfolio of bonds. The fund employs a research-driven investment process featuring a Strategic Asset Allocation (SAA) as a starting point superior to traditional benchmarks, supplemented by sector rotation, security selection, and dynamic risk budgeting across market cycles; its portfolio emphasizes U.S. bonds (88.85%), including corporate bonds (28.44%), agency mortgage-backed securities (24.74%), asset-backed securities (13.19%), government securities (12.41%), and commercial mortgage-backed securities (12.28%), with additional exposure to non-U.S. bonds (7.90%) and cash equivalents (3.26%). Top holdings as of the latest reporting include U.S. Treasury Note 3.625% (7.02%), United States Treasury Notes 4.25% (4.68%), Booz Allen Hamilton Inc 5.95% (0.91%), United States Treasury Bonds 4.75% (0.77%), and Janus Henderson Emerging Markets Debt Hard Currency ETF (0.71%), reflecting a mid credit quality and moderate interest-rate sensitivity profile within the Intermediate Core-Plus Bond category. Launched on July 6, 2009, and domiciled in the United States with total net assets of approximately $2.72 billion, the fund's Class R shares (JDFRX) carry a net expense ratio of 1.15% and a minimum initial investment of $2,500, targeting retirement and institutional investors available for sale in the U.S. It is managed by a team led by Michael Keough (since December 31, 2015), Greg Wilensky (since February 1, 2020), and John Lloyd (since June 1, 2024), leveraging Janus Henderson Investors' global research capabilities. Janus Henderson Investors, the fund's parent, originated from the 2017 merger of Janus Capital Group (founded 1969 in Denver, Colorado) and Henderson Global Investors (roots in 1934, London), and maintains headquarters at 151 Detroit Street, Denver, Colorado, with additional key offices in London and operations worldwide across financial services segments. In recent developments, Janus Henderson acquired a majority stake in Victory Park Capital, a U.S.-based private credit manager with $6 billion in assets under management, in late 2024 to bolster its private credit and securitized assets capabilities; the deal closed in Q4 2024 and proved neutral-to-accretive to earnings per share in 2025. Further, in October 2025, the firm received a non-binding acquisition proposal from Trian Fund Management and General Catalyst Group at $46.00 per share for all outstanding shares, prompting the board to form a special committee for evaluation while emphasizing continuity for stakeholders. These strategic moves align with Janus Henderson's $457 billion in assets under management as of June 30, 2025, enhancing its position in fixed income and alternatives.