Janus Funds of Denver last week closed its $50 billion Janus Fund to new investors, according to the company. The company also filed a registration statement with the SEC last week for a new fund, the Janus Fund 2, according to Shelly Grice, spokesperson for Janus.
The closing of the Janus Fund will affect new investors only. Existing shareholders can continue to buy shares and reinvest any dividends or capital gains distributions, according to the company. The fund will continue to accept investments from defined contribution plans and discretionary investment advisors who currently invest in the fund through financial intermediaries.