Fund Evaluator:

Janus Henderson Low Dur Mlt-Sct Inc D Overview

Janus Henderson Low Dur Mlt-Sct Inc D (JUCDX) is an actively managed Taxable Bond Short-Term Bond fund. Janus Henderson launched the fund in 2014.

The investment seeks to maximize total return, consistent with preservation of capital. Under normal circumstances, in a multi-sector portfolio of U.S. and non-U.S. debt securities of varying maturities that portfolio management believes have high income potential relative to other fixed-income instruments available at a given point in time. 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.

About Janus Henderson Low Dur Mlt-Sct Inc D (JUCDX)

There are 5 members of the management team with an average tenure of 2.61 years: John Lloyd (2026), Daniel Siluk (2021), Dylan Bourke (2021), Addison Maier (2024), John Kerschner (2026). Management tenure is more important for actively managed funds than passive index funds.

The fund has 2 primary benchmarks: Bloomberg US Agg Bond TR USD index with a weighting of 100% and Bloomberg US Aggregate 1-3 Yr TR USD index with a weighting of 100%. Janus Henderson Low Dur Mlt-Sct Inc D has 223 securities in its portfolio. The top 10 holdings constitute 14.6% of the fund’s assets. The fund meets the SEC requirement of being classified as a diversified fund. The fund is not considered to have an ESG focus with its investment selection and management.

Janus Henderson Low Dur Mlt-Sct Inc D is part of the Fixed Income global asset class and is within the Taxable Bond fund group. Janus Henderson Low Dur Mlt-Sct Inc D has 19.7% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 0.0%. There is 0.0% allocated to foreign stock, and 0.3% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 94.5% (74.8% domestic bond, 19.7% foreign bond and 0.2% convertible bond). Janus Henderson Low Dur Mlt-Sct Inc D has 5.1% of the portfolio in cash.

Assets Under Management

The fund has $21 million in total assets, which is below the $893 million average for the Short-Term Bond category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.

JUCDX Performance and Fees

The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Janus Henderson Low Dur Mlt-Sct Inc D expense ratio is average compared to funds in the Short-Term Bond category. Janus Henderson Low Dur Mlt-Sct Inc D has an expense ratio of 0.52%, which is 21% lower than its category average, making the fund expense ratio grade a C. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.

High portfolio turnover can translate to higher expenses and lower aftertax returns. Janus Henderson Low Dur Mlt-Sct Inc D has a portfolio turnover rate of 72%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 134% for the Short-Term Bond category.

Recently, in the month of June 2026, Janus Henderson Low Dur Mlt-Sct Inc D returned 0.3%, which earned it a grade of A, as the Short-Term Bond category had an average return of 0.1%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.

Janus Henderson Low Dur Mlt-Sct Inc D has a trailing yield of 4.91%, which is above the 4.15% category average. The fund normally distributes its income monthly.

It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.

Janus Henderson Low Dur Mlt-Sct Inc D Grades

Year to date, the fund has returned 1.7%, 0.8 percentage points better than the category, which translates into a grade of A. The fund has returned 5.4% over the past year (grade of A), 6.2% over the past three years (grade of A) and 3.8% per year over the past five years (grade of A) and 2.6% per year over the past 10 years (grade of B).

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