JANUS Mutual Fund Quote

Mutual Funds . USA . 
Fund . JANUS MULTI-SECTOR INCOME
JMUDX Fund  USD 8.45  0.03  0.35%   

Market Performance

6 of 100

 
0
 
100

Odds Of Distress

Less than 1

 
100  
 
0
JANUS MULTI-SECTOR is trading at 8.45 as of the 4th of June 2023; that is -0.35 percent decrease since the beginning of the trading day. The fund's open price was 8.48. JANUS MULTI-SECTOR has a very small chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. Equity ratings for JANUS MULTI SECTOR INCOME are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 6th of December 2022 and ending today, the 4th of June 2023. Click here to learn more.
ISIN
US47103D5207
The investment seeks high current income with a secondary focus on capital appreciation. Janus Henderson is traded on NASDAQ Exchange in the United States. More on JANUS MULTI SECTOR INCOME

Moving together with JANUS Mutual Fund

+0.96PIMIXPIMCO INCOME FUNDPairCorr
+0.96PONRXPIMCO INCOME FUNDPairCorr
+0.96PONPXPimco Incme FundPairCorr
+0.96PIINXPIMCO INCOME FUNDPairCorr
+0.96PONCXPIMCO INCOME FUNDPairCorr
+0.96PIPNXPIMCO INCOME FUNDPairCorr
+0.96PONAXPIMCO INCOME FUNDPairCorr

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 MULTI-SECTOR's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding JANUS MULTI-SECTOR or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Macroaxis Advice
The buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of JANUS MULTI-SECTOR's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Cautious HoldFairly Valued
Beta In Three Year0.76
Startdate28th of February 2014
JANUS MULTI SECTOR INCOME [JMUDX] is traded in USA and was established 4th of June 2023. The fund is listed under Multisector Bond category and is part of Janus Henderson family. JANUS MULTI-SECTOR INCOME currently has accumulated 3.45 B in assets under management (AUM) with minimum initial investment of 2.5 K. , while the total return for the last 3 years was 3.03%.
Check JANUS MULTI-SECTOR 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 MULTI SECTOR INCOME 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.

JANUS MULTI-SECTOR Target Price Odds Analysis

Based on a normal probability distribution, the odds of JANUS MULTI-SECTOR jumping above the current price in 90 days from now is about 45.3%. The JANUS MULTI SECTOR INCOME probability density function shows the probability of JANUS MULTI-SECTOR mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon JANUS MULTI SECTOR INCOME has a beta of -0.1584. This indicates as returns on benchmark increase, returns on holding JANUS MULTI-SECTOR are expected to decrease at a much lower rate. During the bear market, however, JANUS MULTI SECTOR INCOME is likely to outperform the market. Additionally, the company has an alpha of 0.021, implying that it can generate a 0.021 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 8.45HorizonTargetOdds Above 8.45
53.69%90 days
 8.45 
45.30%
Based on a normal probability distribution, the odds of JANUS MULTI-SECTOR to move above the current price in 90 days from now is about 45.3 (This JANUS MULTI SECTOR INCOME probability density function shows the probability of JANUS Mutual Fund to fall within a particular range of prices over 90 days) .

JANUS MULTI-SECTOR INCOME Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. JANUS MULTI-SECTOR market risk premium is the additional return an investor will receive from holding JANUS MULTI-SECTOR 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 MULTI-SECTOR. 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 MULTI-SECTOR's alpha and beta are two of the key measurements used to evaluate JANUS MULTI-SECTOR's performance over the market, the standard measures of volatility play an important role as well.
Mean Deviation0.3109
Semi Deviation0.238
Standard Deviation0.381
Variance0.1451

JANUS MULTI-SECTOR Against Markets

Picking the right benchmark for JANUS MULTI-SECTOR 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 MULTI-SECTOR 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 MULTI-SECTOR is critical whether you are bullish or bearish towards JANUS MULTI SECTOR INCOME at a given time. Please also check how JANUS MULTI-SECTOR's historical prices are related to one of the top price index indicators.
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Be your own money manager

Our tools can tell you how much better you can do entering a position in JANUS MULTI-SECTOR 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 MULTI-SECTOR, 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 MULTI-SECTOR. To buy JANUS MULTI-SECTOR fund, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of JANUS MULTI-SECTOR. 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 MULTI-SECTOR fund. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located JANUS MULTI SECTOR INCOME 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 MULTI SECTOR INCOME 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 MULTI SECTOR INCOME, 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 MULTI SECTOR INCOME?

The danger of trading JANUS MULTI SECTOR INCOME 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 MULTI-SECTOR 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 MULTI-SECTOR. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile JANUS MULTI-SECTOR INCOME 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 MULTI SECTOR INCOME. 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 price. Note that the JANUS MULTI-SECTOR INCOME information on this page should be used as a complementary analysis to other JANUS MULTI-SECTOR's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.

Complementary Tools for JANUS Mutual Fund analysis

When running JANUS MULTI-SECTOR's price analysis, check to measure JANUS MULTI-SECTOR'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 MULTI-SECTOR is operating at the current time. Most of JANUS MULTI-SECTOR's value examination focuses on studying past and present price action to predict the probability of JANUS MULTI-SECTOR'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 MULTI-SECTOR's price. Additionally, you may evaluate how the addition of JANUS MULTI-SECTOR to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between JANUS MULTI-SECTOR's value and its price as these two are different measures arrived at by different means. Investors typically determine if JANUS MULTI-SECTOR is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, JANUS MULTI-SECTOR'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.
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