Janus Henderson Small-Mid Cap Value Fund

Frequently Asked Questions About JSVSX

What does JSVSX invest in?

The Janus Henderson Small-Mid Cap Value Fund aims to achieve its investment objectives by primarily focusing on a specific type of equity. Under normal operating conditions, the fund dedicates at least 80% of its total assets (including any capital obtained through borrowing for investment purposes) to purchasing common stocks. These stocks are issued by small and mid-sized companies. The fund defines these companies as those whose market capitalization does not exceed the 12-month average of the maximum market capitalization found within the Russell 2500™ Value Index. Additionally, the fund's portfolio managers retain the flexibility to increase its holdings in cash or similar liquid investments. This typically occurs when they perceive market conditions to be unfavorable for new investments, or when they are unable to identify sufficiently attractive investment opportunities.

What is the expense ratio of JSVSX?

Janus Henderson Small-Mid Cap Value Fund (JSVSX) charges an expense ratio of 1.41%. This is the annual fee deducted from fund assets to cover management and operations.

How big is JSVSX?

Janus Henderson Small-Mid Cap Value Fund (JSVSX) manages $64.2M 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 JSVSX actively managed or an index fund?

JSVSX 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 (JSVSX's is 1.41%) because there's no security selection cost.

When was JSVSX launched?

Janus Henderson Small-Mid Cap Value Fund (JSVSX) launched in December 2011 and is managed by Janus Henderson.

How has JSVSX performed?

JSVSX'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.