# Janus Henderson Forty D (JFRDX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/jfrdx 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: Thematic · Inception: 2017-01-27 To achieve its investment objective, this fund primarily invests in a concentrated portfolio of 30 to 40 common stocks, selected for their potential for capital appreciation. While it maintains the flexibility to invest in companies of various sizes, its main focus is on larger, more established businesses. The fund also has the option to include international securities in its holdings. It operates as a non-diversified investment vehicle. ## Key Facts | Metric | Value | |---|---| | Price | $53.57 | | Expense Ratio | 0.67% | | Assets Under Management | $22.96B | | NAV | $53.57 | | Holdings Count | — | | Distribution Yield (TTM) | 13.01% | | Annual Distribution (TTM) | $6.97 /share | | Distribution Frequency | Annual | | 52-Week Range | $44.68 – $62.39 | | Beta | 1.18 | ## Latest Distribution - Amount: $6.9669 /share - Ex-date: 2025-12-05 - Pay date: 2025-12-05 ## Frequently Asked Questions ### What does JFRDX invest in? To achieve its investment objective, this fund primarily invests in a concentrated portfolio of 30 to 40 common stocks, selected for their potential for capital appreciation. While it maintains the flexibility to invest in companies of various sizes, its main focus is on larger, more established businesses. The fund also has the option to include international securities in its holdings. It operates as a non-diversified investment vehicle. ### What is the expense ratio of JFRDX? Janus Henderson Forty D (JFRDX) charges an expense ratio of 0.67%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is JFRDX? Janus Henderson Forty D (JFRDX) manages $22.96B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is JFRDX actively managed or an index fund? JFRDX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy. ### When was JFRDX launched? Janus Henderson Forty D (JFRDX) launched in January 2017 and is managed by Janus Henderson. ### How has JFRDX performed? JFRDX'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 JFRDX pay a dividend? Janus Henderson Forty D (JFRDX) currently distributes little or no income. Trailing-twelve-month yield is 13.01%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does JFRDX pay dividends? Janus Henderson Forty D pays dividends Annual. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is JFRDX's dividend yield? JFRDX's trailing-twelve-month yield is 13.01%, calculated from the sum of dividends over the past year divided by the current price. ### When is JFRDX's next ex-dividend date? The most recently announced ex-dividend date for JFRDX 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 JFRDX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.67% 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 JFRDX charge its expense ratio? The expense ratio is deducted in tiny daily slices from JFRDX'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 JFRDX cost more than a fund like VOO? JFRDX's strategy (current expense ratio 0.67%) is different from a broad-market index tracker like VOO, so its fee belongs to a different cohort. The Cost Verdict card above shows you where JFRDX sits within its own category, which is the comparison that actually matters. ### Are there cheaper alternatives to JFRDX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as JFRDX (0.67%) 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/jfrdx - Distribution history: https://www.dividenddata.com/funds/jfrdx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/jfrdx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/jfrdx/expenses - Peer comparison: https://www.dividenddata.com/funds/jfrdx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.