# Janus Henderson Contrarian Fund (JCNAX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/jcnax for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Janus Henderson · Asset class: Equity - Strategy: Actively Managed · Inception: 2005-08-04 This fund commits a minimum of 80% of its net assets, alongside any borrowed capital for investment purposes, to equity securities. Its primary goal is to achieve significant long-term growth of capital. The portfolio manager's approach involves identifying companies whose stock prices are trading at a considerable discount compared to the manager's estimated fair value, and whose underlying intrinsic worth is anticipated to increase over time. The fund has the flexibility to invest in companies of any market capitalization, from large, mature corporations to smaller, emerging businesses. I... ## Key Facts | Metric | Value | |---|---| | Price | $31.07 | | Expense Ratio | 0.90% | | AUM (All Share Classes) | $5.11B | | NAV | $31.07 | | Holdings Count | — | | Distribution Yield (TTM) | 9.41% | | Annual Distribution (TTM) | $2.92 /share | | Distribution Frequency | Annual | | 52-Week Range | $24.23 – $33.32 | | Beta | 1.32 | ## Latest Distribution - Amount: $2.9244 /share - Ex-date: 2025-12-05 - Pay date: 2025-12-05 ## Frequently Asked Questions ### What does JCNAX invest in? This fund commits a minimum of 80% of its net assets, alongside any borrowed capital for investment purposes, to equity securities. Its primary goal is to achieve significant long-term growth of capital. The portfolio manager's approach involves identifying companies whose stock prices are trading at a considerable discount compared to the manager's estimated fair value, and whose underlying intrinsic worth is anticipated to increase over time. The fund has the flexibility to invest in companies of any market capitalization, from large, mature corporations to smaller, emerging businesses. It operates on a non-diversified basis. ### What is the expense ratio of JCNAX? Janus Henderson Contrarian Fund (JCNAX) charges an expense ratio of 0.90%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is JCNAX? Janus Henderson Contrarian Fund (JCNAX) is one share class of a fund that manages $5.11B across all of its share classes (JCNIX, JCNNX, JCONX, JSVAX report the same total). Our data does not carry the assets of this share class alone. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is JCNAX actively managed or an index fund? JCNAX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (JCNAX's is 0.90%) in exchange for the discretion to over- or under-weight positions. ### When was JCNAX launched? Janus Henderson Contrarian Fund (JCNAX) launched in August 2005 and is managed by Janus Henderson. ### How has JCNAX performed? JCNAX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon. ### Does JCNAX pay a dividend? Janus Henderson Contrarian Fund (JCNAX) currently distributes little or no income. Trailing-twelve-month yield is 9.41%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does JCNAX pay dividends? Janus Henderson Contrarian Fund pays dividends Annual. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is JCNAX's dividend yield? JCNAX's trailing-twelve-month yield is 9.41%, calculated from the sum of dividends over the past year divided by the current price. ### When is JCNAX's next ex-dividend date? The most recently announced ex-dividend date for JCNAX was 2025-12-05. The next ex-date typically follows Annual; once announced it appears at the top of the dividend history table on this page. ### How much will JCNAX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.90% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does JCNAX charge its expense ratio? The expense ratio is deducted in tiny daily slices from JCNAX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does JCNAX cost more than a fund like VOO? JCNAX is actively managed (current expense ratio 0.90%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether JCNAX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to JCNAX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as JCNAX (0.90%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/jcnax - Distribution history: https://www.dividenddata.com/funds/jcnax/dividend - Holdings & diversification: https://www.dividenddata.com/funds/jcnax/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/jcnax/expenses - Peer comparison: https://www.dividenddata.com/funds/jcnax/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.