Janus Henderson Multi-Sector Income Fund Class I 

The Janus Henderson Multi-Sector Income Fund's primary objective is to generate substantial income. It achieves this by generally allocating its investments across a diversified range of U.S. and international fixed-income securities. These debt instruments, which vary in their maturity dates, are strategically selected by portfolio managers based on their perceived potential to deliver high income. While the fund typically restricts its holdings of lower-rated, below investment grade debt to a maximum of 65% of its total net assets, this threshold may be temporarily surpassed in specific, unusual market conditions, such as when the allocation of new bond issues is unexpectedly high.