Janus Henderson High-Yield Fund - N Shares
JHYNX
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
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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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
- May 31, 2012
- CIK
- 0000277751
- Website
- janushenderson.com
- Similar Companies
- Business
- Janus Henderson High-Yield Fund - N Shares (JHYNX) is an open-end mutual fund that seeks high current income, with capital appreciation as a secondary objective. The fund normally invests at least 80% of its net assets (plus any borrowings for investment purposes) in high-yield/high-risk securities rated below investment grade, including their unrated equivalents or other high-yielding securities that portfolio managers believe offer attractive risk/return characteristics; its portfolio typically comprises U.S. and non-U.S. corporate bonds (approximately 70% and 19% of assets, respectively), bank loans, cash equivalents, convertibles, preferred stock, and minor allocations to government securities and equities. It operates within the high yield bond category, targeting institutional investors with a minimum initial investment of $1 million, and features a net expense ratio of 0.63%, daily pricing, and monthly distributions. Janus Henderson High-Yield Fund - N Shares was incepted on May 31, 2012, as part of the broader High-Yield Fund strategy launched in 1995, and is managed by Janus Henderson Investors, a global asset manager formed in 2017 from the merger of Janus Capital Group (founded 1969 in Denver, Colorado) and Henderson Group (roots in 1934, London). The N share class, with approximately $27 million in assets, contributes to the fund's total net assets of around $694 million, primarily serving U.S. investors through platforms like Schwab and other broker-dealers. The fund benefits from Janus Henderson's global research team, which covers issuers across credit qualities and capital structures to assess fundamental risks and identify outperformers. Portfolio management includes Brent Olson (since June 2019), Thomas Ross (since October 2022), and Brad Smith (since September 2024), reflecting recent team enhancements to bolster the research-first approach amid evolving credit cycles. On the parent company level, Janus Henderson has pursued strategic growth through acquisitions, including Tabula Investment Management (European ETFs, May 2024), a majority stake in Victory Park Capital Advisors (global private credit, announced August 2024 and closed Q4 2024), and earlier joint ventures like Privacore Capital (alternative assets, June 2023), aimed at diversifying offerings and expanding private credit capabilities. These moves support broader platform enhancements, such as active management updates to Growth Alpha ETFs (effective mid-May 2025), aligning with client demand for innovative fixed income and alternatives strategies. The fund maintains a high-conviction, active approach with global resources, focusing on risk-adjusted returns in U.S.-centric high-yield markets while monitoring macro and security-specific risks.