# Janus Henderson Venture Fund (JVTAX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/jvtax 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: 2011-05-06 This fund primarily focuses on smaller enterprises, committing at least half of its equity investments to such companies. It also maintains the option to allocate capital to larger corporations that demonstrate robust potential for expansion. The portfolio manager defines these smaller companies as those whose market capitalization, at the moment of their initial purchase, corresponds to the scope of firms within the Russell 2000® Growth Index. Additionally, the fund may diversify into international securities, potentially including those originating from burgeoning global markets. ## Key Facts | Metric | Value | |---|---| | Price | $85.65 | | Expense Ratio | 1.04% | | Assets Under Management | $3.21B | | NAV | $85.65 | | Holdings Count | — | | Distribution Yield (TTM) | 5.53% | | Annual Distribution (TTM) | $4.73 /share | | Distribution Frequency | Annual | | 52-Week Range | $75.63 – $96.95 | | Beta | 1.17 | ## Latest Distribution - Amount: $4.7323 /share - Ex-date: 2025-12-05 - Pay date: 2025-12-05 ## Frequently Asked Questions ### What does JVTAX invest in? This fund primarily focuses on smaller enterprises, committing at least half of its equity investments to such companies. It also maintains the option to allocate capital to larger corporations that demonstrate robust potential for expansion. The portfolio manager defines these smaller companies as those whose market capitalization, at the moment of their initial purchase, corresponds to the scope of firms within the Russell 2000® Growth Index. Additionally, the fund may diversify into international securities, potentially including those originating from burgeoning global markets. ### What is the expense ratio of JVTAX? Janus Henderson Venture Fund (JVTAX) charges an expense ratio of 1.04%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is JVTAX? Janus Henderson Venture Fund (JVTAX) manages $3.21B 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 JVTAX actively managed or an index fund? JVTAX 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 (JVTAX's is 1.04%) because there's no security selection cost. ### When was JVTAX launched? Janus Henderson Venture Fund (JVTAX) launched in May 2011 and is managed by Janus Henderson. ### How has JVTAX performed? JVTAX'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 JVTAX pay a dividend? Janus Henderson Venture Fund (JVTAX) currently distributes little or no income. Trailing-twelve-month yield is 5.53%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does JVTAX pay dividends? Janus Henderson Venture 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 JVTAX's dividend yield? JVTAX's trailing-twelve-month yield is 5.53%, calculated from the sum of dividends over the past year divided by the current price. ### When is JVTAX's next ex-dividend date? The most recently announced ex-dividend date for JVTAX 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 JVTAX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 1.04% 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 JVTAX charge its expense ratio? The expense ratio is deducted in tiny daily slices from JVTAX'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 JVTAX cost more than a fund like VOO? JVTAX is a passive index fund (current expense ratio 1.04%). 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 JVTAX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as JVTAX (1.04%) 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/jvtax - Distribution history: https://www.dividenddata.com/funds/jvtax/dividend - Holdings & diversification: https://www.dividenddata.com/funds/jvtax/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/jvtax/expenses - Peer comparison: https://www.dividenddata.com/funds/jvtax/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.