# Janus Henderson Mid Cap Value Fund - T Shares (JMCVX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/jmcvx 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: 1998-08-12 This fund primarily focuses its investments on the common shares of medium-sized companies that its investment team believes are trading below their true value. A minimum of 80% of its total assets (including any borrowed funds used for investment) are allocated to equity securities of companies whose market capitalization, at the time of purchase, aligns with the size parameters of the Russell Midcap® Value Index. Under typical market conditions, the fund also has the flexibility to commit up to 20% of its net assets to companies with market values outside of these specified mid-cap ranges. ## Key Facts | Metric | Value | |---|---| | Price | $16.96 | | Expense Ratio | 1.06% | | Assets Under Management | $3.78B | | NAV | $16.96 | | Holdings Count | — | | Distribution Yield (TTM) | 8.65% | | Annual Distribution (TTM) | $1.47 /share | | Distribution Frequency | Annual | | 52-Week Range | $14.96 – $17.63 | | Beta | 0.83 | ## Latest Distribution - Amount: $1.4664 /share - Ex-date: 2025-12-09 - Pay date: 2025-12-09 ## Frequently Asked Questions ### What does JMCVX invest in? This fund primarily focuses its investments on the common shares of medium-sized companies that its investment team believes are trading below their true value. A minimum of 80% of its total assets (including any borrowed funds used for investment) are allocated to equity securities of companies whose market capitalization, at the time of purchase, aligns with the size parameters of the Russell Midcap® Value Index. Under typical market conditions, the fund also has the flexibility to commit up to 20% of its net assets to companies with market values outside of these specified mid-cap ranges. ### What is the expense ratio of JMCVX? Janus Henderson Mid Cap Value Fund - T Shares (JMCVX) charges an expense ratio of 1.06%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is JMCVX? Janus Henderson Mid Cap Value Fund - T Shares (JMCVX) manages $3.78B 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 JMCVX actively managed or an index fund? JMCVX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy. ### When was JMCVX launched? Janus Henderson Mid Cap Value Fund - T Shares (JMCVX) launched in August 1998 and is managed by Janus Henderson. ### How has JMCVX performed? JMCVX'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 JMCVX pay a dividend? Janus Henderson Mid Cap Value Fund - T Shares (JMCVX) currently distributes little or no income. Trailing-twelve-month yield is 8.65%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does JMCVX pay dividends? Janus Henderson Mid Cap Value Fund - T Shares pays dividends Annual. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is JMCVX's dividend yield? JMCVX's trailing-twelve-month yield is 8.65%, calculated from the sum of dividends over the past year divided by the current price. ### When is JMCVX's next ex-dividend date? The most recently announced ex-dividend date for JMCVX was 2025-12-09. 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 JMCVX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 1.06% 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 JMCVX charge its expense ratio? The expense ratio is deducted in tiny daily slices from JMCVX'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 JMCVX cost more than a fund like VOO? JMCVX's strategy (current expense ratio 1.06%) 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 JMCVX sits within its own category, which is the comparison that actually matters. ### Are there cheaper alternatives to JMCVX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as JMCVX (1.06%) 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/jmcvx - Distribution history: https://www.dividenddata.com/funds/jmcvx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/jmcvx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/jmcvx/expenses - Peer comparison: https://www.dividenddata.com/funds/jmcvx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.