JSI - Janus Henderson Short Term Income Managed Account Q4 2024 Commentary
2025-02-16 02:14:00 ET
Summary
- The Portfolio returned 0.38% (gross) and the Bloomberg 1-3 Year US Gov/Credit Index returned -0.02%.
- Our overweight allocation to credit spread risk contributed, as did an underweight allocation to interest rate risk. Overall security selection detracted on a relative basis.
- 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) |
| 0.38 |
| — |
| — |
| — |
| — |
| — |
| 2.01 |
| Composite (Net) |
| 0.01 |
| — |
| — |
| — |
| — |
| — |
| 1.38 |
| Bloomberg 1-3 Year US Gov/Credit Index |
| -0.02 |
| — |
| — |
| — |
| — |
| — |
| 1.73 |