Morningstar Magazine - April/May 2018 - Cover4

YOUR LENS DETERMINES YOUR PERSPECTIVE
BROADEN YOUR EXPOSURE
Fixed Income.
Develop a clearer picture.
Photography is not the only market that has
completely changed over the past decade.
Allocations to non-core bond strategies have
grown at a much faster rate than core according
to our proprietary database of thousands of client
portfolios. Morningstar® data also shows noncore bond strategies are more than three times
what they were 10 years ago.
When exposures change this dramatically, new
risks develop as well.
Each piece of the fixed income spectrum
requires its own lens. Janus Henderson has the
expertise to help you develop better portfolios.
Strategic Income Fund (HFAIX)
·

Global Unconstrained Bond Fund (JUCIX)

·

Flexible Bond Fund (JFLEX)

·

Short Duration Income ETF (VNLA)

To learn more about our insights, visit
blog.janushenderson.com

Please consider the charges, risks, expenses and investment objectives carefully before investing. For a prospectus or, if available, a summary
prospectus containing this and other information, please call Janus Henderson at 800.668.0434 or download the file from janushenderson.com/
info. Read it carefully before you invest or send money.
Investing involves risk, including the possible loss of principal and fluctuation of value. Fixed income securities are subject to interest rate, inflation, credit and default risk. The
bond market is volatile. As interest rates rise, bond prices usually fall, and vice versa.
The return of principal is not guaranteed, and prices may decline if an issuer fails to make timely payments or its credit strength weakens. Foreign securities are subject
to additional risks including currency fluctuations, political and economic uncertainty, increased volatility, lower liquidity and differing financial and information reporting
standards, all of which are magnified in emerging markets. Derivatives can be highly volatile and more sensitive to changes in economic or market conditions than other
investments. This could result in losses that exceed the original investment and may be magnified by leverage.
The ETF (Exchange Traded Fund) is not a money market fund and does not attempt to maintain a stable net asset value. The ETF is new and has less than one year of
operating history.
Janus Capital Management LLC is the investment adviser and ALPS Distributors, Inc. is the distributor of the ETF. ALPS is not affiliated with Janus Henderson or any of its
subsidiaries.
Janus Henderson is a trademark of Janus Henderson Investors. © Janus Henderson Investors. The name Janus Henderson Investors includes HGI Group Limited, Henderson Global
Investors (Brand Management) Sarl and Janus International Holding LLC. Mutual funds distributed by Janus Henderson Distributors.
C-0917-12375 09-15-18


http://blog.janushenderson.com http://www.janushenderson.com/INFO http://www.janushenderson.com/INFO

Table of Contents for the Digital Edition of Morningstar Magazine - April/May 2018

Contents
Morningstar Magazine - April/May 2018 - Cover1
Morningstar Magazine - April/May 2018 - Cover2
Morningstar Magazine - April/May 2018 - 1
Morningstar Magazine - April/May 2018 - 2
Morningstar Magazine - April/May 2018 - Contents
Morningstar Magazine - April/May 2018 - 4
Morningstar Magazine - April/May 2018 - 5
Morningstar Magazine - April/May 2018 - 6
Morningstar Magazine - April/May 2018 - 7
Morningstar Magazine - April/May 2018 - 8
Morningstar Magazine - April/May 2018 - 9
Morningstar Magazine - April/May 2018 - 10
Morningstar Magazine - April/May 2018 - 11
Morningstar Magazine - April/May 2018 - 12
Morningstar Magazine - April/May 2018 - 13
Morningstar Magazine - April/May 2018 - 14
Morningstar Magazine - April/May 2018 - 15
Morningstar Magazine - April/May 2018 - 16
Morningstar Magazine - April/May 2018 - 17
Morningstar Magazine - April/May 2018 - 18
Morningstar Magazine - April/May 2018 - 19
Morningstar Magazine - April/May 2018 - 20
Morningstar Magazine - April/May 2018 - 21
Morningstar Magazine - April/May 2018 - 22
Morningstar Magazine - April/May 2018 - 23
Morningstar Magazine - April/May 2018 - 24
Morningstar Magazine - April/May 2018 - 25
Morningstar Magazine - April/May 2018 - 26
Morningstar Magazine - April/May 2018 - 27
Morningstar Magazine - April/May 2018 - 28
Morningstar Magazine - April/May 2018 - 29
Morningstar Magazine - April/May 2018 - 30
Morningstar Magazine - April/May 2018 - 31
Morningstar Magazine - April/May 2018 - 32
Morningstar Magazine - April/May 2018 - 33
Morningstar Magazine - April/May 2018 - 34
Morningstar Magazine - April/May 2018 - 35
Morningstar Magazine - April/May 2018 - 36
Morningstar Magazine - April/May 2018 - 37
Morningstar Magazine - April/May 2018 - 38
Morningstar Magazine - April/May 2018 - 39
Morningstar Magazine - April/May 2018 - 40
Morningstar Magazine - April/May 2018 - 41
Morningstar Magazine - April/May 2018 - 42
Morningstar Magazine - April/May 2018 - 43
Morningstar Magazine - April/May 2018 - 44
Morningstar Magazine - April/May 2018 - 45
Morningstar Magazine - April/May 2018 - 46
Morningstar Magazine - April/May 2018 - 47
Morningstar Magazine - April/May 2018 - 48
Morningstar Magazine - April/May 2018 - 49
Morningstar Magazine - April/May 2018 - 50
Morningstar Magazine - April/May 2018 - 51
Morningstar Magazine - April/May 2018 - 52
Morningstar Magazine - April/May 2018 - 53
Morningstar Magazine - April/May 2018 - 54
Morningstar Magazine - April/May 2018 - 55
Morningstar Magazine - April/May 2018 - 56
Morningstar Magazine - April/May 2018 - 57
Morningstar Magazine - April/May 2018 - 58
Morningstar Magazine - April/May 2018 - 59
Morningstar Magazine - April/May 2018 - 60
Morningstar Magazine - April/May 2018 - 61
Morningstar Magazine - April/May 2018 - 62
Morningstar Magazine - April/May 2018 - 63
Morningstar Magazine - April/May 2018 - 64
Morningstar Magazine - April/May 2018 - 65
Morningstar Magazine - April/May 2018 - 66
Morningstar Magazine - April/May 2018 - 67
Morningstar Magazine - April/May 2018 - 68
Morningstar Magazine - April/May 2018 - 69
Morningstar Magazine - April/May 2018 - 70
Morningstar Magazine - April/May 2018 - 71
Morningstar Magazine - April/May 2018 - 72
Morningstar Magazine - April/May 2018 - 73
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Morningstar Magazine - April/May 2018 - 75
Morningstar Magazine - April/May 2018 - 76
Morningstar Magazine - April/May 2018 - 77
Morningstar Magazine - April/May 2018 - 78
Morningstar Magazine - April/May 2018 - 79
Morningstar Magazine - April/May 2018 - 80
Morningstar Magazine - April/May 2018 - Cover3
Morningstar Magazine - April/May 2018 - Cover4
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