Janus Multi Sector Income Fund Quote
| JMUAX Fund | USD 8.42 0.01 0.12% |
Performance0 of 100
| Odds Of DistressLess than 22
|
Janus Multi-sector is trading at 8.42 as of the 25th of April 2024; that is -0.12 percent decrease since the beginning of the trading day. The fund's open price was 8.43. Janus Multi-sector has about a 22 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over 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 1st of May 2023 and ending today, the 25th of April 2024. Click here to learn more.
The fund pursues its investment objective by primarily investing, under normal circumstances, in a multi-sector portfolio of U.S. and non-U.S. debt securities of varying maturities that the portfolio managers believe have high income potential. Its investments in below investment grade securities are limited to 65 percent of its net assets, but under unusual circumstances, such as when new issue allocations are higher than expected, this limit may be exceeded on a temporary basis.. More on Janus Multi Sector Income
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.
| Fund Concentration | Janus Henderson Funds, Large Funds, Multisector Bond Funds, Multisector Bond, Janus Henderson (View all Sectors) |
| Update Date | 31st of March 2024 |
Janus Multi Sector Income [JMUAX] is traded in USA and was established 25th of April 2024. Janus Multi-sector is listed under Janus Henderson category by Fama And French industry classification. The fund is listed under Multisector Bond category and is part of Janus Henderson family. This fund currently has accumulated 482.62 M in assets under management (AUM) with no minimum investment requirementsJanus Multi Sector is currently producing year-to-date (YTD) return of 0.31% with the current yeild of 0.07%, while the total return for the last 3 years was -0.74%.
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 78.22%. 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 has a beta of 0.1923. This indicates as returns on the market go up, Janus Multi-sector average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Janus Multi Sector Income will be expected to be much smaller as well. Additionally, janus Multi Sector Income has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
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 78.22 (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 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 Deviation | 0.2295 | |||
| Semi Deviation | 0.2976 | |||
| Standard Deviation | 0.3098 | |||
| Variance | 0.096 |
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.
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.Did you try this?
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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 Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Janus Multi Sector 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 nation. Note that the Janus Multi Sector 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 Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.