# Janus Henderson Adaptive Risk Managed U.S. Equity Fund (JRSNX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/jrsnx 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: Passive Index · Inception: 2014-10-28 The Janus Henderson Adaptive Risk Managed U.S. Equity Fund typically allocates at least 80% of its total assets (including any leveraged capital for investment purposes) to the stock holdings of American companies. These investments broadly include common shares, depositary receipts, and real estate investment trusts (REITs). The fund endeavors to generate returns similar to the broader market, as measured by the Russell 1000® Index, but with a diminished level of price fluctuation over a complete economic cycle. More precisely, it aims to keep its volatility between approximately 0% and 40... ## Key Facts | Metric | Value | |---|---| | Price | $12.90 | | Expense Ratio | 0.58% | | Assets Under Management | $599.5M | | NAV | $12.90 | | Holdings Count | — | | Distribution Yield (TTM) | 9.64% | | Annual Distribution (TTM) | $1.24 /share | | Distribution Frequency | Annual | | 52-Week Range | $11.19 – $13.38 | | Beta | 0.87 | ## Latest Distribution - Amount: $1.2432 /share - Ex-date: 2025-12-09 - Pay date: 2025-12-09 ## Frequently Asked Questions ### What does JRSNX invest in? The Janus Henderson Adaptive Risk Managed U.S. Equity Fund typically allocates at least 80% of its total assets (including any leveraged capital for investment purposes) to the stock holdings of American companies. These investments broadly include common shares, depositary receipts, and real estate investment trusts (REITs). The fund endeavors to generate returns similar to the broader market, as measured by the Russell 1000® Index, but with a diminished level of price fluctuation over a complete economic cycle. More precisely, it aims to keep its volatility between approximately 0% and 40% lower than that of the Russell 1000 Index. ### What is the expense ratio of JRSNX? Janus Henderson Adaptive Risk Managed U.S. Equity Fund (JRSNX) charges an expense ratio of 0.58%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is JRSNX? Janus Henderson Adaptive Risk Managed U.S. Equity Fund (JRSNX) manages $599.5M 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 JRSNX actively managed or an index fund? JRSNX is a passive index fund. It tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (JRSNX's is 0.58%) because there's no security selection cost. ### When was JRSNX launched? Janus Henderson Adaptive Risk Managed U.S. Equity Fund (JRSNX) launched in October 2014 and is managed by Janus Henderson. ### How has JRSNX performed? JRSNX'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 JRSNX pay a dividend? Janus Henderson Adaptive Risk Managed U.S. Equity Fund (JRSNX) currently distributes little or no income. Trailing-twelve-month yield is 9.64%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does JRSNX pay dividends? Janus Henderson Adaptive Risk Managed U.S. Equity 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 JRSNX's dividend yield? JRSNX's trailing-twelve-month yield is 9.64%, calculated from the sum of dividends over the past year divided by the current price. ### When is JRSNX's next ex-dividend date? The most recently announced ex-dividend date for JRSNX 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 JRSNX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.58% 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 JRSNX charge its expense ratio? The expense ratio is deducted in tiny daily slices from JRSNX'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 JRSNX cost more than a fund like VOO? JRSNX is a passive index fund (current expense ratio 0.58%). Differences from broad-market ETFs like VOO usually come from index licensing fees, asset class (bond funds typically run cheaper than equity), or fund scale (smaller funds spread fixed operating costs across less AUM). ### Are there cheaper alternatives to JRSNX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as JRSNX (0.58%) 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/jrsnx - Distribution history: https://www.dividenddata.com/funds/jrsnx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/jrsnx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/jrsnx/expenses - Peer comparison: https://www.dividenddata.com/funds/jrsnx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.