# Janus Henderson Small-Mid Cap Value Fund - T Shares (JSVTX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/jsvtx 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: Actively Managed · Inception: 2011-12-15 This fund aims to achieve long-term capital growth for its investors. Under typical market conditions, it accomplishes this by dedicating at least 80% of its net assets (including any borrowed funds for investment) to common shares of small and medium-sized businesses. The portfolio also has the flexibility to invest in foreign securities, potentially including those from developing economies. Should the portfolio manager determine that market conditions are unfavorable for investing or if attractive opportunities are scarce, the fund may increase its holdings in cash or similar liquid inve... ## Key Facts | Metric | Value | |---|---| | Price | $16.12 | | Expense Ratio | 1.15% | | AUM (All Share Classes) | $65.0M | | NAV | $16.12 | | Holdings Count | — | | Distribution Yield (TTM) | 8.64% | | Annual Distribution (TTM) | $1.39 /share | | Distribution Frequency | Annual | | 52-Week Range | $14.82 – $17.31 | | Beta | 1.02 | ## Latest Distribution - Amount: $1.3927 /share - Ex-date: 2025-12-09 - Pay date: 2025-12-09 ## Frequently Asked Questions ### What does JSVTX invest in? This fund aims to achieve long-term capital growth for its investors. Under typical market conditions, it accomplishes this by dedicating at least 80% of its net assets (including any borrowed funds for investment) to common shares of small and medium-sized businesses. The portfolio also has the flexibility to invest in foreign securities, potentially including those from developing economies. Should the portfolio manager determine that market conditions are unfavorable for investing or if attractive opportunities are scarce, the fund may increase its holdings in cash or similar liquid investments. ### What is the expense ratio of JSVTX? Janus Henderson Small-Mid Cap Value Fund - T Shares (JSVTX) charges an expense ratio of 1.15%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is JSVTX? Janus Henderson Small-Mid Cap Value Fund - T Shares (JSVTX) is one share class of a fund that manages $65.0M across all of its share classes (JSVSX, JVSAX, JVSCX, JVSIX, JVSNX report 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 JSVTX actively managed or an index fund? JSVTX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (JSVTX's is 1.15%) in exchange for the discretion to over- or under-weight positions. ### When was JSVTX launched? Janus Henderson Small-Mid Cap Value Fund - T Shares (JSVTX) launched in December 2011 and is managed by Janus Henderson. ### How has JSVTX performed? JSVTX'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 JSVTX pay a dividend? Janus Henderson Small-Mid Cap Value Fund - T Shares (JSVTX) currently distributes little or no income. Trailing-twelve-month yield is 8.64%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does JSVTX pay dividends? Janus Henderson Small-Mid Cap Value Fund - T Shares pays dividends Annual. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is JSVTX's dividend yield? JSVTX's trailing-twelve-month yield is 8.64%, calculated from the sum of dividends over the past year divided by the current price. ### When is JSVTX's next ex-dividend date? The most recently announced ex-dividend date for JSVTX 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 JSVTX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 1.15% 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 JSVTX charge its expense ratio? The expense ratio is deducted in tiny daily slices from JSVTX'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 JSVTX cost more than a fund like VOO? JSVTX is actively managed (current expense ratio 1.15%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether JSVTX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to JSVTX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as JSVTX (1.15%) 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/jsvtx - Distribution history: https://www.dividenddata.com/funds/jsvtx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/jsvtx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/jsvtx/expenses - Peer comparison: https://www.dividenddata.com/funds/jsvtx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.