Janus Henderson Focused Income Managed Account Q4 2024 Commentary
Source: SeekingAlpha
2025-02-13 12:33:00 ET
Summary
- The Portfolio returned -0.80% (gross) and the Bloomberg US Aggregate Bond Index returned -3.06%.
- An underweight allocation to duration and overweight to credit spread risk contributed, while an underweight to investment-grade corporates and security selection within agency mortgage-backed securities detracted.
- In our view, overall yields remain attractive amid higher rates, while the U.S. economy should continue to support current spread levels.
Performance - USD (%)
| Cumulative | Annualized | ||||||
| Returns | 4Q24 | YTD | 1 Yr | 3 Yr | 5 Yr | 10 Yr | Since Inception (08/01/24) |
| Composite (gross) | -0.8 | — | — | — | — | — | 1.73 |
| Composite (Net) | -1.17 | — | — | — | — | — | 1.1 |
| Bloomberg US Aggregate Bond Index | -3.06 | — | — | — | — | — | -0.35 |
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Janus Henderson Focused Income Managed Account Q4 2024 Commentary
Janus Henderson Emerging Markets Debt Hard Currency ETF
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