Janus Henderson Small-Mid Cap Value Fund - I Shares

Frequently Asked Questions About JVSIX

What does JVSIX invest in?

The primary strategy of this fund involves committing a substantial portion, specifically no less than 80% of its capital (including funds acquired through borrowing for investment), to the common stock of companies categorized as small or mid-sized. These are specifically companies whose total market value falls beneath the rolling 12-month average of the top market capitalization found among constituents of the Russell 2500 Value Index. Additionally, if the portfolio managers deem market conditions unsuitable for new investments or struggle to find appealing opportunities, the fund may increase its allocation to cash or cash-like assets.

What is the expense ratio of JVSIX?

Janus Henderson Small-Mid Cap Value Fund - I Shares (JVSIX) charges an expense ratio of 1.01%. This is the annual fee deducted from fund assets to cover management and operations.

How big is JVSIX?

Janus Henderson Small-Mid Cap Value Fund - I Shares (JVSIX) manages $71.5M 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 JVSIX actively managed or an index fund?

JVSIX 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 (JVSIX's is 1.01%) because there's no security selection cost.

When was JVSIX launched?

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

How has JVSIX performed?

JVSIX'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.