Janus Henderson Contrarian Fund
Fund
JCNIX
Price as of:
$31.55
- $0.01
- 0.03%
Primary Theme
fund company
Name
As of 11/20/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
22.5%
1 yr return
37.0%
3 Yr Avg Return
5.0%
5 Yr Avg Return
12.9%
Net Assets
$4.71 B
Holdings in Top 10
40.6%
52 WEEK LOW AND HIGH
$31.6
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.29%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 37.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$2,500
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 11/20/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
JCNIX - Profile
Distributions
- YTD Total Return 22.5%
- 3 Yr Annualized Total Return 5.0%
- 5 Yr Annualized Total Return 12.9%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.09%
- Dividend Yield 0.1%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameJanus Henderson Contrarian Fund
-
Fund Family NameJanus Henderson Funds
-
Inception DateFeb 29, 2000
-
Shares OutstandingN/A
-
Share ClassS
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerNick Schommer
Fund Description
The Fund pursues its investment objective by investing, under normal circumstances, at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities with the potential for long-term growth of capital. The Fund normally invests in a portfolio of 35-55 common stocks. Portfolio management seeks to invest in companies where the stock price trades at a significant discount to portfolio management’s estimate of fair value and whose intrinsic value portfolio management believes will grow over time. The Fund is classified as nondiversified, which allows it to hold larger positions in securities compared to a fund that is classified as diversified. The Fund may invest in companies of any size, from larger, well-established companies to smaller, emerging growth companies. The Fund may also invest in fixed-income instruments, such as convertible securities and preferred stock. The Fund may invest in foreign securities.Portfoliomanagement applies a “bottom up” approach in choosing investments. In other words, portfolio management looks at companies one at a time to determine if a company is an attractive investment opportunity and if it is consistent with the Fund’s investment policies. In conducting the “bottom up” analysis, portfolio management seeks to identify durable businesses whose stocks are available at market prices below portfolio management’s estimate of their intrinsic value, whose intrinsic value is expected to grow over time, and whose management teams are aligned with shareholders. Portfolio management will generally consider selling a stock when, in portfolio management’s opinion, the business shows declining fundamentals, the stock is overvalued, or if the investing thesis for owning the stock has changed.The Fund may seek to earn additional income through lending its securities to certain qualified broker-dealers and institutions on a short-term or long-term basis, in an amount equal to up to one-third of its total assets as determined at the time of the loan origination.
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JCNIX - Performance
Return Ranking - Trailing
| Period | JCNIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 22.5% | -10.8% | 50.7% | 13.17% |
| 1 Yr | 37.0% | -1.2% | 54.6% | 5.32% |
| 3 Yr | 5.0%* | -22.1% | 22.5% | 49.72% |
| 5 Yr | 12.9%* | -0.2% | 24.8% | 10.06% |
| 10 Yr | 9.5%* | 2.7% | 16.0% | 33.18% |
* Annualized
Return Ranking - Calendar
| Period | JCNIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 12.8% | -12.9% | 28.8% | 50.14% |
| 2022 | -22.0% | -52.6% | 20.1% | 73.30% |
| 2021 | 9.4% | -43.8% | 32.4% | 59.42% |
| 2020 | 25.8% | -10.6% | 82.1% | 3.00% |
| 2019 | 28.1% | -8.5% | 37.5% | 14.01% |
Total Return Ranking - Trailing
| Period | JCNIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 22.5% | -10.8% | 50.7% | 13.17% |
| 1 Yr | 37.0% | -1.2% | 54.6% | 5.32% |
| 3 Yr | 5.0%* | -22.1% | 22.5% | 49.72% |
| 5 Yr | 12.9%* | -0.2% | 24.8% | 10.06% |
| 10 Yr | 9.5%* | 2.7% | 16.0% | 33.18% |
* Annualized
Total Return Ranking - Calendar
| Period | JCNIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 21.0% | 1.2% | 31.3% | 11.83% |
| 2022 | -21.9% | -45.7% | 21.1% | 92.05% |
| 2021 | 20.4% | -30.2% | 52.8% | 79.42% |
| 2020 | 27.2% | -8.4% | 84.3% | 4.20% |
| 2019 | 42.5% | 1.0% | 43.4% | 1.91% |
NAV & Total Return History
JCNIX - Holdings
Concentration Analysis
| JCNIX | Category Low | Category High | JCNIX % Rank | |
|---|---|---|---|---|
| Net Assets | 4.71 B | 728 K | 175 B | 7.28% |
| Number of Holdings | 46 | 1 | 2780 | 79.83% |
| Net Assets in Top 10 | 1.87 B | 399 K | 13.2 B | 5.60% |
| Weighting of Top 10 | 40.61% | 0.5% | 100.0% | 18.26% |
Top 10 Holdings
- Caesars Entertainment Inc New COM 5.37%
- Oracle Corp. COM USD0.01 4.60%
- Vertiv Holdings Co COM CL A 4.49%
- Teleflex Incorporated COM USD1 4.31%
- Amazon.com, Inc. COM USD0.01 3.87%
- Sempra COM NPV 3.86%
- Marvell Technology Inc COM 3.80%
- PNC Financial Services Group Inc. COM USD5 3.61%
- Advanced Micro Devices, Inc. COM USD0.01 3.41%
- American Electric Power Co, Inc. COM USD6.50 3.29%
Asset Allocation
| Weighting | Return Low | Return High | JCNIX % Rank | |
|---|---|---|---|---|
| Stocks | 97.36% | 0.86% | 100.67% | 76.47% |
| Bonds | 1.12% | 0.00% | 72.71% | 3.92% |
| Cash | 0.11% | 0.00% | 99.07% | 92.72% |
| Convertible Bonds | 0.09% | 0.00% | 1.78% | 2.80% |
| Preferred Stocks | 0.00% | 0.00% | 11.46% | 66.39% |
| Other | 0.00% | -0.01% | 51.08% | 74.79% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | JCNIX % Rank | |
|---|---|---|---|---|
| Consumer Cyclical | 23.09% | 2.49% | 46.48% | 4.78% |
| Healthcare | 19.20% | 0.00% | 24.06% | 3.65% |
| Technology | 14.77% | 0.00% | 40.65% | 60.11% |
| Financial Services | 9.11% | 0.00% | 46.10% | 93.26% |
| Basic Materials | 7.49% | 0.00% | 16.35% | 13.76% |
| Industrials | 6.48% | 0.00% | 45.89% | 94.66% |
| Utilities | 5.05% | 0.00% | 18.97% | 33.15% |
| Communication Services | 5.03% | 0.00% | 30.98% | 9.83% |
| Real Estate | 4.49% | 0.00% | 25.82% | 73.60% |
| Energy | 2.88% | 0.00% | 58.13% | 79.21% |
| Consumer Defense | 2.40% | 0.00% | 32.18% | 84.55% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | JCNIX % Rank | |
|---|---|---|---|---|
| US | 96.22% | 0.86% | 100.25% | 79.55% |
| Non US | 1.13% | 0.00% | 10.11% | 12.61% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | JCNIX % Rank | |
|---|---|---|---|---|
| Corporate | 4.12% | 0.00% | 97.58% | 8.43% |
| Cash & Equivalents | 0.11% | 0.00% | 100.00% | 83.19% |
| Derivative | 0.00% | -0.01% | 15.16% | 72.55% |
| Securitized | 0.00% | 0.00% | 0.00% | 65.66% |
| Municipal | 0.00% | 0.00% | 0.00% | 65.66% |
| Government | 0.00% | 0.00% | 42.40% | 65.96% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | JCNIX % Rank | |
|---|---|---|---|---|
| US | 1.12% | 0.00% | 71.79% | 3.92% |
| Non US | 0.00% | 0.00% | 0.92% | 65.55% |
JCNIX - Expenses
Operational Fees
| JCNIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.29% | 0.03% | 19.40% | 29.30% |
| Management Fee | 0.60% | 0.00% | 1.50% | 39.15% |
| 12b-1 Fee | 0.25% | 0.00% | 1.00% | 52.98% |
| Administrative Fee | 0.25% | 0.01% | 0.30% | 92.45% |
Sales Fees
| JCNIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 3.50% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
| JCNIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| JCNIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 37.00% | 0.00% | 304.00% | 45.28% |
JCNIX - Distributions
Dividend Yield Analysis
| JCNIX | Category Low | Category High | JCNIX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.06% | 0.00% | 29.78% | 7.56% |
Dividend Distribution Analysis
| JCNIX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annual | SemiAnnual | Annual |
Net Income Ratio Analysis
| JCNIX | Category Low | Category High | JCNIX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | -0.09% | -2.06% | 3.38% | 74.37% |
Capital Gain Distribution Analysis
| JCNIX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 07, 2023 | $0.018 | OrdinaryDividend |
| Dec 07, 2023 | $1.708 | CapitalGainLongTerm |
| Dec 20, 2022 | $0.034 | OrdinaryDividend |
| Dec 20, 2021 | $2.789 | OrdinaryDividend |
| Dec 17, 2020 | $0.312 | OrdinaryDividend |
| Dec 17, 2019 | $0.047 | OrdinaryDividend |
| Dec 17, 2019 | $0.303 | CapitalGainShortTerm |
| Dec 17, 2019 | $2.018 | CapitalGainLongTerm |
| Dec 18, 2018 | $0.667 | CapitalGainShortTerm |
| Dec 18, 2018 | $0.751 | CapitalGainLongTerm |
| Dec 19, 2017 | $0.150 | CapitalGainShortTerm |
| Dec 19, 2017 | $1.318 | CapitalGainLongTerm |
| Dec 19, 2016 | $0.682 | CapitalGainLongTerm |
| Dec 17, 2015 | $0.505 | CapitalGainLongTerm |
| Dec 17, 2014 | $0.104 | CapitalGainShortTerm |
| Dec 17, 2014 | $2.173 | CapitalGainLongTerm |
| Dec 17, 2014 | $0.014 | OrdinaryDividend |
| Dec 18, 2012 | $0.030 | OrdinaryDividend |
JCNIX - Fund Manager Analysis
Managers
Nick Schommer
Start Date
Tenure
Tenure Rank
Jul 03, 2017
4.91
4.9%
"Nick Schommer is a Portfolio Manager at Janus Henderson Investors and has managed the Opportunistic Alpha strategy since 2017. He has also co-managed the Concentrated Growth and Concentrated All Cap Growth strategies since 2016. Prior to joining Janus in 2013, Nick spent a year working as an associate portfolio manager at Thornburg Investment Management. Before that, he was a research analyst at Marsico Capital Management for more than four years, leading the coverage of the financial services sector on a global basis. Previous to his investment management career, Nick was a captain in the United States Army and served in Iraq and Kuwait. He was awarded the Bronze Star Medal for exceptionally distinguished service during Operation Iraqi Freedom. Nick received his bachelor of science degree in chemistry from the United States Military Academy at West Point, where he was recognised as a Distinguished Cadet and Phi Kappa Phi. He earned his MBA from the University of California – Los Angeles, Anderson School of Management, where he was a Student Investment Fund Fellow. Nick holds the Chartered Financial Analyst designation and has 12 years of financial industry experience."
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.25 | 38.44 | 7.29 | 5.78 |