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Trending ETFs

Janus Henderson Emerging Markets Fund

mutual fund
HEMDX
Payout Change
Pending
Price as of:
$9.53 -0.11 -1.14%
primary theme
Emerging Markets Equity
HEMDX (Mutual Fund)

Janus Henderson Emerging Markets Fund

Payout Change
Pending
Price as of:
$9.53 -0.11 -1.14%
primary theme
Emerging Markets Equity
HEMDX (Mutual Fund)

Janus Henderson Emerging Markets Fund

Payout Change
Pending
Price as of:
$9.53 -0.11 -1.14%
primary theme
Emerging Markets Equity

Name

As of 10/31/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$9.53

$54.5 M

0.48%

$0.05

1.76%

Vitals

YTD Return

7.1%

1 yr return

15.2%

3 Yr Avg Return

-6.5%

5 Yr Avg Return

2.0%

Net Assets

$54.5 M

Holdings in Top 10

40.2%

52 WEEK LOW AND HIGH

$9.6
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.76%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 76.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$2,500

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 10/31/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$9.53

$54.5 M

0.48%

$0.05

1.76%

HEMDX - Profile

Distributions

  • YTD Total Return 7.1%
  • 3 Yr Annualized Total Return -6.5%
  • 5 Yr Annualized Total Return 2.0%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 4.63%
DIVIDENDS
  • Dividend Yield 0.5%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    Janus Henderson Emerging Markets Fund
  • Fund Family Name
    Janus Henderson Funds
  • Inception Date
    Dec 31, 2010
  • Shares Outstanding
    N/A
  • Share Class
    D
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Daniel Graña

Fund Description

The Fund pursues its investment objective by investing, under normal circumstances, at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities of companies in emerging market countries. Equity securities include common stocks and related securities, such as preferred stock and convertible securities. The Fund also invests in securities that have contractual restrictions that prohibit or limit their public resale. Emerging market countries are all countries represented by the MSCI Emerging Markets Indexsm and/or those countries considered to be developing by the World Bank, the International Finance Corporation or the United Nations. These countries typically are located in the Asia-Pacific region, Eastern Europe, Central and South America, and Africa.Companies in emerging market countries are broadly defined to include any company that meets one or more of the following tests: (i) its country of organization, its primary business office, and/or the principal trading market of its stock are located in an emerging market country; (ii) 50% or more of its assets are located in emerging market countries, (iii) 50% or more of its revenues are derived from emerging market countries; or (iv) a company with similar emerging markets exposure.In addition to the Fund’s main investments, the Fund may invest no more than 20% of its net assets in the securities of issuers in developed market countries.The Fund may invest in derivatives.Derivative instruments 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. In particular, the Fund may invest in derivatives such as futures, options, forward currency contracts, warrants, and swaps (including total return swaps) for various investment purposes, such as to gain exposure to a particular portion of the market or to manage or hedge portfolio risk.Portfolio management employs both a “top-down” and “bottom-up” approach to select investments for the Fund. The top-down approach involves a macro analysis of factors that include an issuer’s economic growth profile, the stages of a country’s development, and trends in a country’s governance and regulatory framework. The bottom-up analysis focuses on fundamental research and considers, among other factors, a company’s valuation, growth potential, competitive positioning, projected future earnings, cash flows, governance, and dividends. The Fund has the ability to invest more heavily in either growth or value securities depending on market conditions and portfolio management’s convictions.The Fund will generally consider selling a stock when, in portfolio management’s opinion, there is a deterioration in the factors considered in selecting investments for the Fund, including changes in a country’s stage of development, governance, or regulatory framework. The Fund will also consider selling a stock when, in portfolio management’s opinion, a company’s fundamentals or a company’s revenue growth has slowed, or there has been changes in a company’s risk/reward potential.At times, the Fund may invest to a significant degree in issuers located in a single country or region, which particularly includes China, or may also invest in Chinese companies listed on U.S. exchanges structured as variable interest entities. In addition, the Fund may invest in securities issued by small- and mid-sized companies and in less seasoned issuers.
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HEMDX - Performance

Return Ranking - Trailing

Period HEMDX Return Category Return Low Category Return High Rank in Category (%)
YTD 7.1% -12.2% 32.7% 75.35%
1 Yr 15.2% -1.5% 50.3% 88.73%
3 Yr -6.5%* -14.1% 11.4% 80.41%
5 Yr 2.0%* -4.6% 11.8% 71.41%
10 Yr N/A* -2.1% 6.7% 77.87%

* Annualized

Return Ranking - Calendar

Period HEMDX Return Category Return Low Category Return High Rank in Category (%)
2023 7.1% -6.5% 35.5% 65.22%
2022 -26.6% -50.1% -2.4% 69.90%
2021 -4.6% -33.1% 22.5% 45.64%
2020 21.4% -22.1% 80.1% 36.16%
2019 12.3% -0.7% 42.0% 85.26%

Total Return Ranking - Trailing

Period HEMDX Return Category Return Low Category Return High Rank in Category (%)
YTD 7.1% -12.2% 32.7% 75.35%
1 Yr 15.2% -1.5% 50.3% 88.73%
3 Yr -6.5%* -14.1% 11.4% 80.41%
5 Yr 2.0%* -4.6% 11.8% 71.41%
10 Yr N/A* -2.1% 6.7% 75.35%

* Annualized

Total Return Ranking - Calendar

Period HEMDX Return Category Return Low Category Return High Rank in Category (%)
2023 7.7% -2.7% 42.0% 78.40%
2022 -26.6% -42.2% 1.9% 78.15%
2021 -1.7% -32.5% 33.1% 52.53%
2020 22.6% -20.0% 81.6% 35.04%
2019 14.0% 2.3% 42.0% 90.56%

NAV & Total Return History


HEMDX - Holdings

Concentration Analysis

HEMDX Category Low Category High HEMDX % Rank
Net Assets 54.5 M 682 K 103 B 84.45%
Number of Holdings 57 9 7534 84.59%
Net Assets in Top 10 11.8 M 290 K 23.8 B 85.71%
Weighting of Top 10 40.15% 2.9% 101.1% 29.31%

Top 10 Holdings

  1. Taiwan Semiconductor Manufacturing Co., Ltd. TWD10 9.79%
  2. Samsung Electronics Co Ltd. KRW100 8.92%
  3. Bharti Airtel Ltd. INR5 3.19%
  4. Tencent Holdings Ltd. HKD0.00002 3.14%
  5. HDFC Bank Ltd. INR1 2.96%
  6. AIA Group Ltd, Hong Kong NPV 2.57%
  7. BYD Co Ltd. 'H'CNY1 2.47%
  8. ICICI Bank Ltd. INR2 2.43%
  9. Full Truck Alliance Co Ltd SPONSORED ADS 2.41%
  10. HDFC Life Insurance Co Ltd. INR10 2.28%

Asset Allocation

Weighting Return Low Return High HEMDX % Rank
Stocks
93.05% 0.00% 107.82% 85.01%
Preferred Stocks
2.04% 0.00% 13.31% 22.27%
Cash
0.94% -2.03% 98.08% 72.41%
Other
0.00% -1.11% 26.93% 80.81%
Convertible Bonds
0.00% 0.00% 7.40% 78.00%
Bonds
0.00% 0.00% 88.10% 79.97%

Stock Sector Breakdown

Weighting Return Low Return High HEMDX % Rank
Technology
32.07% 0.00% 47.50% 8.09%
Financial Services
21.36% 0.00% 48.86% 54.89%
Consumer Cyclical
9.77% 0.00% 48.94% 80.71%
Basic Materials
8.87% 0.00% 30.03% 40.85%
Communication Services
8.26% 0.00% 39.29% 57.30%
Consumer Defense
5.98% 0.00% 25.90% 55.60%
Industrials
4.82% 0.00% 43.53% 70.50%
Healthcare
4.49% 0.00% 16.53% 38.16%
Utilities
2.94% 0.00% 39.12% 22.98%
Real Estate
1.45% 0.00% 17.15% 56.88%
Energy
0.00% 0.00% 24.80% 96.74%

Stock Geographic Breakdown

Weighting Return Low Return High HEMDX % Rank
Non US
86.48% 0.00% 100.18% 50.98%
US
6.57% 0.00% 100.95% 63.45%

HEMDX - Expenses

Operational Fees

HEMDX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.76% 0.03% 29.98% 27.53%
Management Fee 1.00% 0.00% 2.00% 82.47%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.12% 0.01% 0.85% 66.51%

Sales Fees

HEMDX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.50% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

HEMDX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

HEMDX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 76.00% 0.00% 189.00% 76.42%

HEMDX - Distributions

Dividend Yield Analysis

HEMDX Category Low Category High HEMDX % Rank
Dividend Yield 0.48% 0.00% 9.74% 84.31%

Dividend Distribution Analysis

HEMDX Category Low Category High Category Mod
Dividend Distribution Frequency Annual Annual Quarterly Annual

Net Income Ratio Analysis

HEMDX Category Low Category High HEMDX % Rank
Net Income Ratio 4.63% -1.98% 17.62% 1.02%

Capital Gain Distribution Analysis

HEMDX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

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HEMDX - Fund Manager Analysis

Managers

Daniel Graña


Start Date

Tenure

Tenure Rank

Sep 16, 2019

2.71

2.7%

Daniel J. Grana is Portfolio Manager, Emerging Market Equity at Janus Henderson Investors, a position he has held since joining the firm in 2019. Daniel is responsible for the Emerging Market Equity strategy and co-manages the emerging markets sleeve of the International Opportunities strategy. Previously, he managed emerging market equities at Putnam Investments from 2003 and was an analyst on the emerging markets team from 1999 to 2002. Before Putnam, he spent four years in the Latin America investment banking group at Merrill Lynch.

Matthew Culley


Start Date

Tenure

Tenure Rank

Mar 01, 2022

0.25

0.3%

Matthew Culley is a Portfolio Manager at Janus Henderson Investors responsible for co-managing the All-Cap Emerging Market Equity and Asia Pacific ex Japan Growth Equity strategies since 2022. Additionally, he serves as a Research Analyst focused on the Communications, Technology and Consumer sectors. Before joining the firm as an assistant portfolio manager in 2019, Matthew was a co-portfolio manager on a global equity fund and an analyst covering global equities, including global and emerging market consumer and technology, at Putnam Investments. He started with Putnam in 2008 as an investment associate on the equities team. Matthew earned a bachelor of science degree in finance and economics from Boston College. He has 14 years of financial industry experience.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.09 33.71 6.66 13.42