Janus Henderson VIT Flexible Bond Instl JAFLX |
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Release date as of 2022-05-31. Data on page is subject to change. |
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Overall Morningstar Rating™
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What is this?
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As of 2022-05-31 |
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Out of 568 Intermediate Core-Plus Bond Funds
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Total Fund Assets ($ Mil) |
591.23 |
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Investment Objective & Strategy |
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The investment seeks to obtain maximum total return, consistent with preservation of capital.
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The Portfolio pursues its investment objective by primarily investing, under normal circumstances, at least 80% of its net assets (plus any borrowings for investment purposes) in bonds. The Portfolio’s average portfolio duration may normally range from 3 years to 7 years. The Portfolio will limit its investment in high-yield/high-risk bonds (also known as “junk” bonds) to 35% or less of its net assets. |
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Morningstar Category: Intermediate Core-Plus Bond |
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Intermediate-term core-plus bond portfolios invest primarily in investment-grade U.S. fixed-income issues including government, corporate, and securitized debt, but generally have greater flexibility than core offerings to hold non-core sectors such as corporate high yield, bank loan, emerging-markets debt, and non-U.S. currency exposures. Their durations (a measure of interest-rate sensitivity) typically range between 75% and 125% of the three-year average of the effective duration of the Morningstar Core Bond Index.
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There are no additional fund specific investment risks (e.g. liquidity risk, currency risk, foreign investment risk, etc.) associated with this fund beyond the normal risks generally associated with investing in a mutual fund. |
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% of Net Assets |
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U.S. Stocks |
0.0 |
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Non-U.S. Stocks |
0.0 |
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Bonds |
88.0 |
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Cash |
9.7 |
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Other |
2.3 |
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Data through 2022-03-31 |
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Morningstar Fixed-Income Sectors |
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% Fund |
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Government |
31.99 |
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Corporate |
23.53 |
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Securitized |
34.76 |
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Municipal |
0.00 |
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Cash & Equivalents |
9.71 |
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Other |
0.00 |
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% Bonds |
AAA |
61.39 |
AA |
1.57 |
A |
7.43 |
BBB |
15.97 |
BB |
6.57 |
B |
0.82 |
Below B |
0.00 |
Not Rated |
6.25 |
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Total Number of Stock Holdings |
0 |
Total Number of Bond Holdings |
448 |
% of Net Assets in Top 10 Holdings |
27.82 |
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Turnover % |
(as of 2021-12-31) |
160.00 |
30 Day SEC Yield % |
2.22 |
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Maturity Date
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Shares
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Value $000
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% of Net Assets
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United States Treasury Notes 1.25% |
2026-12-31 |
44,719 |
42,251 |
6.18 |
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United States Treasury Notes 1.875% |
2032-02-15 |
40,520 |
38,912 |
5.69 |
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United States Treasury Notes 1.5% |
2027-01-31 |
25,838 |
24,691 |
3.61 |
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United States Treasury Bonds 1.75% |
2041-08-15 |
17,069 |
14,794 |
2.16 |
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United States Treasury Bonds 1.875% |
2051-11-15 |
16,191 |
14,203 |
2.08 |
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Federal National Mortgage Association 3.5% |
2048-08-25 |
13,726 |
13,745 |
2.01 |
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Federal National Mortgage Association 2.5% |
2049-08-25 |
13,516 |
12,891 |
1.88 |
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United States Treasury Notes 0.875% |
2026-09-30 |
10,731 |
9,988 |
1.46 |
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United States Treasury Bonds 1.375% |
2050-08-15 |
12,315 |
9,478 |
1.39 |
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United States Treasury Notes 1.125% |
2028-08-31 |
10,098 |
9,303 |
1.36 |
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Lending, Short Sale, Foreign Securities, Loss of Money, Not FDIC Insured, Active Management, High Portfolio Turnover, Market/Market Volatility, High-Yield Securities, Mortgage-Backed and Asset-Backed Securities, Other, Restricted/Illiquid Securities, Derivatives, Fixed-Income Securities, Sovereign Debt, Variable-Rate Securities |
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Show Risk Definitions |
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Inception Date: 1993-09-13 |
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Greg J. Wilensky (2020-02-01) |
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Greg Wilensky, CFA
Head of U.S. Fixed Income | Portfolio Manager
Greg Wilensky is Head of U.S. Fixed Income and Portfolio Manager at Janus Henderson Investors, a position he has held since 2020. He is responsible for co-managing the Core Plus and Short Duration strategies and co-manages the fixed income portion of the Balanced strategy, all since 2020. Prior to joining the firm, Mr. Wilensky served as senior vice president, director of the U.S. multi-sector fixed income team and held several director and portfolio manager positions that spanned short duration, inflation-protected fixed income, securitized assets and multi-asset strategies at AllianceBernstein from 1996 to 2019. Prior to that, he was a treasury manager – corporate finance at AT&T Corp. from 1993 to 1996.
Mr. Wilensky received his bachelor of science degree in business administration from Washington University, graduating magna cum laude. He also earned an MBA with high honors from the University of Chicago. Mr. Wilensky holds the Chartered Financial Analyst designation and has 27 years of financial industry experience. |
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Michael Keough (2015-12-31) |
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Michael Keough is a Portfolio Manager at Janus Henderson Investors, responsible for co-managing the Core Plus, U.S. Corporate Credit, Intermediate Fixed Income, and Long Duration strategies. Mr. Keough joined Janus as a research analyst in January 2007. Prior to his investment management career, he served as a captain in the United States Air Force working as a defense acquisition officer.
Mr. Keough received his bachelor of science degree in business management from the United States Air Force Academy, where he was recognized as a Distinguished Graduate in the management department. |
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Janus Henderson Investors US LLC |
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Past performance is no guarantee of future results.
Returns will vary and shares may be worth more or less than their original cost when sold.
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