Please ensure Javascript is enabled for purposes of website accessibility VIT Balanced Portfolio - Janus Henderson Investors
For Financial Professionals in the US

VIT Balanced Portfolio

For 30 years, this dynamic allocation strategy has delivered our equity and fixed income expertise in a one-stop core solution.

NAV
$52.59
As of 07/19/2024

1-Day Change
-$0.29 (-0.55%)
 As of 07/19/2024

YTD Return
10.36%
As of 07/19/2024

Morningstar Rating

As of 06/30/2024

Overview

30 YEAR HISTORY OF

Providing S&P 500®-Like Returns with Significantly Less Volatility

Fund Highlights

  • High-conviction large-cap growth equities paired with an active intermediate-term bond strategy
  • Dynamic asset allocation approach that migrates between 35%-70% equity depending on market conditions
  • Integrated research allows our equity and fixed income analysts to work side by side covering the same global sectors
Balance Scale

ABOUT THIS PORTFOLIO

Balanced Portfolio’s dynamic asset allocation strategy has the flexibility to defensively position ahead of market volatility while seeking strong risk-adjusted returns. Unlike many competitor products, where asset allocations are constrained by static targets, the Fund’s asset allocations may vary between 35% to 65% equities depending on market conditions.

WHY INVEST IN THIS PORTFOLIO

Dynamic Asset Allocation
The portfolio managers make allocation decisions based on their view of overall market risk and careful examination of individual security valuations across equity and fixed income markets.

Integrated Research
Our equity and fixed income analysts work side-by-side covering the same global sectors, facilitating deeper analysis of a company’s fundamental outlook and understanding of management’s true intentions.

Seeks Consistent Results
The end result is a multi-asset, core holding portfolio offering the potential for long-term capital appreciation with the flexibility to navigate uncertain and volatile markets.

PORTFOLIO MANAGEMENT

Jeremiah Buckley, CFA

Jeremiah Buckley, CFA

Portfolio Manager

Industry since 1998. Joined Firm in 1998.

Greg Wilensky, CFA

Greg Wilensky, CFA

Head of U.S. Fixed Income | Portfolio Manager

Industry since 1993. Joined Firm in 2020.

Michael Keough

Michael Keough

Portfolio Manager

Industry since 2006. Joined Firm in 2007.

Performance

RETURNS (%) (As of 06/30/2024)
VIT Balanced Portfolio Service Class S&P 500® Index Bloomberg U.S. Aggregate Bond Index Balanced Index (60%S&P500/40% BBUSAgg)
 
3M YTD 1YR 3YR 5YR 10YR Since Inception
(09/02/1993)
VIT Balanced Portfolio Service Class 3.05 10.29 16.60 4.51 8.89 8.27 9.57
S&P 500® Index 4.28 15.29 24.56 10.01 15.04 12.86 10.45
Bloomberg U.S. Aggregate Bond Index 0.07 -0.71 2.63 -3.02 -0.23 1.35 4.26
Balanced Index (60%S&P500/40% BBUSAgg) 2.62 8.14 14.58 4.27 8.29 7.83 7.91
Returns quoted are past performance and do not guarantee future results; current performance may be lower or higher. Investment returns and principal value will vary; there may be a gain or loss when shares are sold.

Performance for Service Shares prior to 12/31/99 reflects the performance of Institutional Shares, adjusted to reflect the expenses of Service Shares.

Returns include reinvestment of dividends and capital gains. Returns greater than one year are annualized.

RETURNS (%) (As of 06/30/2024)
VIT Balanced Portfolio Service Class S&P 500® Index Bloomberg U.S. Aggregate Bond Index Balanced Index (60%S&P500/40% BBUSAgg)
 
3M YTD 1YR 3YR 5YR 10YR Since Inception
(09/02/1993)
VIT Balanced Portfolio Service Class 3.05 10.29 16.60 4.51 8.89 8.27 9.57
S&P 500® Index 4.28 15.29 24.56 10.01 15.04 12.86 10.45
Bloomberg U.S. Aggregate Bond Index 0.07 -0.71 2.63 -3.02 -0.23 1.35 4.26
Balanced Index (60%S&P500/40% BBUSAgg) 2.62 8.14 14.58 4.27 8.29 7.83 7.91
Returns quoted are past performance and do not guarantee future results; current performance may be lower or higher. Investment returns and principal value will vary; there may be a gain or loss when shares are sold.

Performance for Service Shares prior to 12/31/99 reflects the performance of Institutional Shares, adjusted to reflect the expenses of Service Shares.

Returns include reinvestment of dividends and capital gains. Returns greater than one year are annualized.

Calendar Year Returns (%)
VIT Balanced Portfolio Service Class Balanced Index (60%S&P500/40% BBUSAgg)
2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
VIT Balanced Portfolio Service Class 15.13 -16.62 16.91 14.03 22.27 0.43 18.13 4.32 0.41 8.24
Balanced Index (60%S&P500/40% BBUSAgg) 16.62 -15.52 14.32 14.20 21.03 -2.12 13.29 7.84 1.25 10.23

MORNINGSTAR PERCENTILE

(As Of 06/30/2024)
1 YR 3 YR 5 YR 10 YR SINCE INCEPTION
Percentile Ranking 14 19 18 11 7
Moderate Allocation | Rank/Count 88/737 115/698 99/676 52/594 12/200
(As Of 06/30/2024)
1 YR 3 YR 5 YR 10 YR SINCE INCEPTION
Percentile Ranking 14 19 18 11 7
Moderate Allocation | Rank / Count 88/737 115/698 99/676 52/594 12/200

GROWTH OF A HYPOTHETICAL INVESTMENT

Balanced Portfolio - Service Shares Balanced Index (60%S&P500/40% BBUSAgg) Moderate Allocation
Source: Morningstar, Inc.
This graph compares the performance of a hypothetical $1 investment in the fund, the fund’s Morningstar category average and its benchmark(s).

RETURNS-BASED STATISTICS (As of 06/30/2024 Inst Shares)

RISK / REWARD
VS. Balanced Index (60%S&P500/40% BBUSAgg)		 3YR 5YR
Information Ratio 0.32 0.44
Alpha 0.48 0.57
Tracking Error 1.50 1.84
Beta 1.02 1.05
R-squared (%) 98.67 97.98
UP/DOWN MARKET CAPTURE (%)
VS. Balanced Index (60%S&P500/40% BBUSAgg)		 3YR 5YR
Up Capture Ratio 105.74 110.15
Down Capture Ratio 102.52 106.22
STANDARD DEVIATION 3YR 5YR
Balanced Portfolio 12.82 12.37
Balanced Index (60%S&P500/40% BBUSAgg) 12.45 11.69
SHARPE RATIO 3YR 5YR
Balanced Portfolio 0.12 0.55
Balanced Index (60%S&P500/40% BBUSAgg) 0.08 0.51
ANNUAL FEES & EXPENSES (As of the most recent prospectus)
SERVICE SHARES
Management Fees 0.55%
12b-1 Fees 0.25%
Other Expenses 0.07%
Total Gross Expenses 0.87%
Total Net Expenses 0.87%

Portfolio

Index represents the S&P 500® Index.

Top Holdings (As of 06/30/2024)
% of Fund
Microsoft Corp 6.45
NVIDIA Corp 5.38
Apple Inc 3.45
Alphabet Inc 3.11
Amazon.com Inc 2.50
Meta Platforms Inc 2.18
Mastercard Inc 2.11
UnitedHealth Group Inc 1.73
Lam Research Corp 1.66
Progressive Corp 1.45
TOTAL 30.02
View full holdings
Portfolio Characteristics (As of 06/30/2024)
 
Number of Holdings
Equity Issues		 65
Number of Holdings
Debt Issues		 726
Market Capitalization
Weighted Average		 $1,105.27B
Portfolio Turnover Rate
(1-year trailing)		 82.06%
Price/Earnings Ratio
(1-year forward)		 23.97
Price/Book Ratio
 7.99
Earnings Growth Rate
(1-year forward)		 20.30%
Weighted Average Maturity
(years)		 5.43
Effective Duration
(years)		 6.38
Yield to Worst
 5.55%
Asset Allocation:
Equity Fixed Income Cash & Equivalents
Sector Allocation % of Fund % of Fund As of 06/30/2024
Equity country, regional, sector and industry weights primarily based on MSCI and GICS classifications. Fixed income country, regional, sector and industry weights primarily based on Bloomberg classifications.
Regional Allocation % of Fund % of Fund As of 06/30/2024
Developed vs Emerging Markets % of Fund % of Fund As of 06/30/2024
Market Capitalization Range of Equity Holdings % of Fund % of Fund As of 06/30/2024
Credit Quality of Fixed Income Holdings % of Fund % of Fund As of 06/30/2024
Credit quality ratings reflect the middle rating received from Moody’s, Standard & Poor’s and Fitch, where all three agencies have provided a rating. If only two agencies rate a security, the lowest rating is used. If only one agency rates a security, that rating is used. Ratings are measured on a scale that ranges from Aaa (highest) to D (lowest).
Maturity Breakdown of Fixed Income Holdings % of Fund % of Fund As of 06/30/2024

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