Janus Henderson Mid Cap Value Fund Class S

Frequently Asked Questions About JMVIX

What does JMVIX invest in?

This fund primarily directs its investments toward the ordinary shares of companies that are considered medium-sized. The portfolio managers aim to identify and purchase stocks of businesses they believe are undervalued in the market. At least 80% of the fund's total assets (which includes any borrowed funds used for investment) will be allocated to equity holdings of companies whose market capitalization, when initially acquired, falls within the parameters established by the Russell Midcap® Value Index. The fund retains the flexibility, during normal market conditions, to commit up to 20% of its assets to securities issued by companies whose market capitalizations are outside these specified ranges.

What is the expense ratio of JMVIX?

Janus Henderson Mid Cap Value Fund Class S (JMVIX) charges an expense ratio of 1.32%. This is the annual fee deducted from fund assets to cover management and operations.

How big is JMVIX?

Janus Henderson Mid Cap Value Fund Class S (JMVIX) is one share class of a fund that manages $3.88B across all of its share classes (JDPAX reports 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 JMVIX actively managed or an index fund?

JMVIX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (JMVIX's is 1.32%) in exchange for the discretion to over- or under-weight positions.

When was JMVIX launched?

Janus Henderson Mid Cap Value Fund Class S (JMVIX) launched in January 2003 and is managed by Janus Henderson.

How has JMVIX performed?

JMVIX'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.