# Janus Henderson Research Fund Class A (JRAAX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/jraax 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: 2009-07-06 This fund aims to achieve its investment objectives by primarily allocating capital to common stocks selected for their potential for significant growth. It maintains flexibility to invest across the market capitalization spectrum, including both large, established corporations and smaller, developing growth companies. Additionally, the fund may generate extra income by lending out its portfolio securities to approved broker-dealers and other financial entities. Such lending, which can be short or long-term, will not exceed one-third of the fund's total assets at the point of loan origination. ## Key Facts | Metric | Value | |---|---| | Price | $88.93 | | Expense Ratio | 1.03% | | Assets Under Management | $28.78B | | NAV | $88.93 | | Holdings Count | — | | Distribution Yield (TTM) | 12.05% | | Annual Distribution (TTM) | $10.72 /share | | Distribution Frequency | Annual | | 52-Week Range | $75.60 – $102.27 | | Beta | 1.16 | ## Latest Distribution - Amount: $10.7195 /share - Ex-date: 2025-12-05 - Pay date: 2025-12-05 ## Frequently Asked Questions ### What does JRAAX invest in? This fund aims to achieve its investment objectives by primarily allocating capital to common stocks selected for their potential for significant growth. It maintains flexibility to invest across the market capitalization spectrum, including both large, established corporations and smaller, developing growth companies. Additionally, the fund may generate extra income by lending out its portfolio securities to approved broker-dealers and other financial entities. Such lending, which can be short or long-term, will not exceed one-third of the fund's total assets at the point of loan origination. ### What is the expense ratio of JRAAX? Janus Henderson Research Fund Class A (JRAAX) charges an expense ratio of 1.03%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is JRAAX? Janus Henderson Research Fund Class A (JRAAX) manages $28.78B 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 JRAAX actively managed or an index fund? JRAAX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy. ### When was JRAAX launched? Janus Henderson Research Fund Class A (JRAAX) launched in July 2009 and is managed by Janus Henderson. ### How has JRAAX performed? JRAAX'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 JRAAX pay a dividend? Janus Henderson Research Fund Class A (JRAAX) currently distributes little or no income. Trailing-twelve-month yield is 12.05%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does JRAAX pay dividends? Janus Henderson Research Fund Class A pays dividends Annual. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is JRAAX's dividend yield? JRAAX's trailing-twelve-month yield is 12.05%, calculated from the sum of dividends over the past year divided by the current price. ### When is JRAAX's next ex-dividend date? The most recently announced ex-dividend date for JRAAX 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 JRAAX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 1.03% 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 JRAAX charge its expense ratio? The expense ratio is deducted in tiny daily slices from JRAAX'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 JRAAX cost more than a fund like VOO? JRAAX's strategy (current expense ratio 1.03%) 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 JRAAX sits within its own category, which is the comparison that actually matters. ### Are there cheaper alternatives to JRAAX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as JRAAX (1.03%) 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/jraax - Distribution history: https://www.dividenddata.com/funds/jraax/dividend - Holdings & diversification: https://www.dividenddata.com/funds/jraax/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/jraax/expenses - Peer comparison: https://www.dividenddata.com/funds/jraax/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.