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Rating:Janus Teams Up with One of its Subs for a New Fund Not Rated 1.0 Email Routing List Email & Route  Print Print
Friday, July 30, 2010

Janus Teams Up with One of its Subs for a New Fund

Reported by Armie Margaret Lee

Janus yesterday launched the Perkins Value Plus Income Fund. This marks the first product managed jointly by Janus' fixed income team and Perkins Investment Management, an indirect subsidiary of Janus Capital Group. [SEC filing]

Janus has a 78 percent stake in Perkins.

Class A shares (JPVAX of the fund) come with a net expense ratio of 101 basis points. Class C shares (JPVCX) sport an net expense ratio of 176 bps. 

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