Typically, the Janus Henderson Short Duration Flexible Bond Fund commits at least 80% of its total assets, which includes any capital obtained through borrowing for investment, to debt instruments with short to medium maturities. These holdings encompass a variety of securities, such as corporate bonds, corporate notes, and government-issued debt, including those from government agencies. Furthermore, the fund has the discretion to allocate up to 35% of its portfolio to higher-risk, higher-yielding bonds, commonly referred to as "junk bonds."