Janus Global Unconstrained Fund Quote

JUCNX Fund  USD 8.84  0.01  0.11%   

Performance

9 of 100

 
Low
 
High
OK

Odds Of Distress

Less than 38

 
100  
 
Zero
Below Average
Janus Global is trading at 8.84 as of the 28th of March 2024; that is 0.11 percent up since the beginning of the trading day. The fund's open price was 8.83. Janus Global has about a 38 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Janus Global Unconstrained are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 7th of June 2022 and ending today, the 28th of March 2024. Click here to learn more.
The fund pursues its investment objective by investing, under normal circumstances, at least 80 percent of its net assets in bonds. Its average portfolio duration may range from negative two years to plus four years. The fund may invest in derivatives, which are instruments that have a value derived from, or directly linked to, an underlying asset, such as equity securities, fixed-income securities, commodities, currencies, interest rates, or market indices.. More on Janus Global Unconstrained

Moving together with Janus Mutual Fund

  0.68JGCAX Janus Global AllocationPairCorr
  0.68JGCCX Janus Global AllocationPairCorr
  0.69JGCIX Janus Global AllocationPairCorr
  0.68JGCSX Janus Global AllocationPairCorr

Janus Mutual Fund Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Janus Global's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Janus Global or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Fund ConcentrationJanus Henderson Funds, Large Funds, Nontraditional Bond Funds, Nontraditional Bond, Janus Henderson (View all Sectors)
Update Date31st of March 2024
Janus Global Unconstrained [JUCNX] is traded in USA and was established 28th of March 2024. Janus Global is listed under Janus Henderson category by Fama And French industry classification. The fund is listed under Nontraditional Bond category and is part of Janus Henderson family. This fund currently has accumulated 1.1 B in assets under management (AUM) with no minimum investment requirementsJanus Global Unconst is currently producing year-to-date (YTD) return of 0.93% with the current yeild of 0.0%, while the total return for the last 3 years was 2.1%.
Check Janus Global Probability Of Bankruptcy

Instrument Allocation

Sector Allocation

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Janus Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Janus Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Janus Global Unconstrained Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

Top Janus Global Unconstrained Mutual Fund Constituents

VALValarisStockEnergy
PFFIShares Preferred AndEtfPreferred Stock
NBBNuveen Build AmericaEtfAsset Management
TATT IncStockCommunication Services
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Janus Global Target Price Odds Analysis

Based on a normal probability distribution, the odds of Janus Global jumping above the current price in 90 days from now is about 7.95%. The Janus Global Unconstrained probability density function shows the probability of Janus Global mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Janus Global Unconstrained has a beta of -0.0817. This indicates as returns on benchmark increase, returns on holding Janus Global are expected to decrease at a much lower rate. During the bear market, however, Janus Global Unconstrained is likely to outperform the market. Additionally, janus Global Unconstrained has an alpha of 0.0192, implying that it can generate a 0.0192 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 8.84HorizonTargetOdds Above 8.84
90.85%90 days
 8.84 
7.95%
Based on a normal probability distribution, the odds of Janus Global to move above the current price in 90 days from now is about 7.95 (This Janus Global Unconstrained probability density function shows the probability of Janus Mutual Fund to fall within a particular range of prices over 90 days) .

Janus Global Unconst Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Janus Global market risk premium is the additional return an investor will receive from holding Janus Global long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Janus Global. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Janus Global's alpha and beta are two of the key measurements used to evaluate Janus Global's performance over the market, the standard measures of volatility play an important role as well.

Janus Global Against Markets

Picking the right benchmark for Janus Global mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Janus Global mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Janus Global is critical whether you are bullish or bearish towards Janus Global Unconstrained at a given time. Please also check how Janus Global's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Janus Global without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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How to buy Janus Mutual Fund?

Before investing in Janus Global, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Janus Global. To buy Janus Global fund, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Janus Global. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Janus Global fund. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Janus Global Unconstrained fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Janus Global Unconstrained fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Janus Global Unconstrained, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.

Already Invested in Janus Global Unconstrained?

The danger of trading Janus Global Unconstrained is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Janus Global is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Janus Global. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Janus Global Unconst is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Janus Global Unconstrained. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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When running Janus Global's price analysis, check to measure Janus Global's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Janus Global is operating at the current time. Most of Janus Global's value examination focuses on studying past and present price action to predict the probability of Janus Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Janus Global's price. Additionally, you may evaluate how the addition of Janus Global to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Janus Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Janus Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Janus Global's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.