# Janus Henderson Mid Cap Value Fund (JMVAX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/jmvax 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: 2005-11-30 The Janus Henderson Mid Cap Value Fund primarily seeks investment opportunities in mid-sized companies whose stock prices, in the view of its portfolio managers, are currently undervalued. A significant portion of the fund's capital, specifically at least 80% of its net assets (which includes any borrowed funds for investing purposes), is allocated to equity securities of businesses whose market capitalization, at the time of purchase, falls within the range defined by the Russell Midcap® Value Index. Under typical circumstances, the fund maintains the discretion to invest up to 20% of its... ## Key Facts | Metric | Value | |---|---| | Price | $16.70 | | Expense Ratio | 0.91% | | Assets Under Management | $3.72B | | NAV | $16.70 | | Holdings Count | — | | Distribution Yield (TTM) | 8.92% | | Annual Distribution (TTM) | $1.49 /share | | Distribution Frequency | Annual | | 52-Week Range | $14.82 – $17.49 | | Beta | 0.83 | ## Latest Distribution - Amount: $1.4894 /share - Ex-date: 2025-12-09 - Pay date: 2025-12-09 ## Frequently Asked Questions ### What does JMVAX invest in? The Janus Henderson Mid Cap Value Fund primarily seeks investment opportunities in mid-sized companies whose stock prices, in the view of its portfolio managers, are currently undervalued. A significant portion of the fund's capital, specifically at least 80% of its net assets (which includes any borrowed funds for investing purposes), is allocated to equity securities of businesses whose market capitalization, at the time of purchase, falls within the range defined by the Russell Midcap® Value Index. Under typical circumstances, the fund maintains the discretion to invest up to 20% of its net assets in companies whose market capitalizations lie beyond these specified mid-cap parameters. ### What is the expense ratio of JMVAX? Janus Henderson Mid Cap Value Fund (JMVAX) charges an expense ratio of 0.91%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is JMVAX? Janus Henderson Mid Cap Value Fund (JMVAX) manages $3.72B 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 JMVAX actively managed or an index fund? JMVAX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy. ### When was JMVAX launched? Janus Henderson Mid Cap Value Fund (JMVAX) launched in November 2005 and is managed by Janus Henderson. ### How has JMVAX performed? JMVAX'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 JMVAX pay a dividend? Janus Henderson Mid Cap Value Fund (JMVAX) currently distributes little or no income. Trailing-twelve-month yield is 8.92%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does JMVAX pay dividends? Janus Henderson Mid Cap Value 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 JMVAX's dividend yield? JMVAX's trailing-twelve-month yield is 8.92%, calculated from the sum of dividends over the past year divided by the current price. ### When is JMVAX's next ex-dividend date? The most recently announced ex-dividend date for JMVAX 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 JMVAX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.91% 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 JMVAX charge its expense ratio? The expense ratio is deducted in tiny daily slices from JMVAX'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 JMVAX cost more than a fund like VOO? JMVAX's strategy (current expense ratio 0.91%) 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 JMVAX sits within its own category, which is the comparison that actually matters. ### Are there cheaper alternatives to JMVAX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as JMVAX (0.91%) 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/jmvax - Distribution history: https://www.dividenddata.com/funds/jmvax/dividend - Holdings & diversification: https://www.dividenddata.com/funds/jmvax/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/jmvax/expenses - Peer comparison: https://www.dividenddata.com/funds/jmvax/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.