- Business
- Janus Henderson Growth and Income Fund (JDNRX) is an open-end mutual fund managed by Janus Henderson Investors that seeks long-term capital growth and current income by investing primarily in dividend-paying common stocks of high-quality, large-cap companies exhibiting revenue growth, earnings growth, dividend increases, financial stability, high free cash flow, and intelligent capital allocation; the actively managed portfolio typically holds 60 to 80 such U.S.-focused blend-style equities, with top holdings including Microsoft Corp., Alphabet Inc., Broadcom Inc., Apple Inc., and JPMorgan Chase & Co., and sector allocations led by technology (37%), financial services (19%), and communication services (12%). The Class R shares, with a net expense ratio of 1.37%, are available to retirement plans and certain intermediaries in the United States, with a minimum initial investment of $2,500. The fund, domiciled in the United States with daily pricing, launched on July 6, 2009, and is led by portfolio manager Jeremiah Buckley since July 25, 2014.
Janus Henderson Investors, the fund's investment manager, resulted from the 2017 merger of Janus Capital Group (founded 1969, Denver) and Henderson Global Investors (origins 1934, London), and maintains dual headquarters in London and Denver while operating globally. In recent years, the firm has pursued strategic expansions including a 2024 majority stake acquisition in Victory Park Capital to bolster private credit capabilities, partnerships with NBK Wealth for emerging markets private investments and with CNO Financial Group to scale private strategies, the acquisition of European ETF provider Tabula Investment Management, and a 2025 multifaceted alliance with Guardian Life closing in October under which Janus Henderson manages $45 billion in investment-grade fixed income assets, receives equity warrants, and gains up to $400 million in seed capital for fixed income innovations. These initiatives reflect ongoing diversification into alternatives, ETFs, and insurance-linked strategies amid positive net flows and organic growth as of Q3 2025.