Name
As of 11/22/2024Price
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
15.4%
1 yr return
28.2%
3 Yr Avg Return
4.7%
5 Yr Avg Return
6.2%
Net Assets
$2.49 B
Holdings in Top 10
22.7%
52 WEEK LOW AND HIGH
$24.8
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 2.13%
SALES FEES
Front Load N/A
Deferred Load 1.00%
TRADING FEES
Turnover 53.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$2,500
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 11/22/2024Price
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
JCSCX - Profile
Distributions
- YTD Total Return 15.4%
- 3 Yr Annualized Total Return 4.7%
- 5 Yr Annualized Total Return 6.2%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.06%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameJanus Henderson Small Cap Value Fund
-
Fund Family NameJanus Henderson Funds
-
Inception DateApr 22, 2003
-
Shares OutstandingN/A
-
Share ClassC
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerJustin Tugman
Fund Description
The Fund pursues its investment objective by investing primarily in the common stocks of small companies and focuses on companies whose stock prices are believed to be undervalued by the Fund’s portfolio management or that have fallen out of favor with the market. The Fund invests, under normal circumstances, at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities of small companies whose market capitalization, at the time of initial purchase, is less than the 12-month average of the maximum market capitalization for companies included in the Russell 2000® Value Index. The market capitalizations within the index will vary, but as of June 30, 2024, they ranged from approximately $3 million to $13.14 billion. The 12-month average of the maximum market capitalization for companies included in the Russell 2000 Value Index for the one-year period ended June 30, 2024 was $8.48 billion. From time to time, the Fund may invest in shares of companies through initial public offerings. The Fund may also invest in foreign securities, as well as in real estate investment trusts (“REITs”) and similar REIT-like entities.As defensive value managers, portfolio management generally looks for companies with:•strong management teams;•strong and stable balance sheets and solid recurring free cash flows;•attractive relative and absolute valuation ratios or that have underperformed recently;•favorable reward to risk characteristics;•sustainable competitive advantages that are trading at attractive valuations; and•strong long-term prospects.Portfolio management’s philosophy is to weigh a security’s downside risk before considering its upside potential, which may help provide an element of capital preservation.As part of its investment process, portfolio management considers environmental, social, and governance (“ESG”) risks and opportunities (“ESG Factors”) that it believes are financially material, alongside other fundamental investment factors. Examples of potential financially material ESG Factors include corporate governance, company culture, exposure to climate change, and human capital management. To assess ESG Factors, portfolio management uses issuer reports, third-party data, and internally-generated analyses and may engage directly with issuers. ESG Factors are one of many considerations in the investment decision-making process and may not be determinative in deciding to include or exclude an investment from the portfolio.The Fund may seek to earn additional income through lending its securities to certain qualified broker-dealers and institutions, 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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JCSCX - Performance
Return Ranking - Trailing
| Period | JCSCX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 15.4% | -9.4% | 28.2% | 55.66% |
| 1 Yr | 28.2% | 4.7% | 43.2% | 62.26% |
| 3 Yr | 4.7%* | -11.9% | 70.9% | 64.01% |
| 5 Yr | 6.2%* | -2.3% | 53.0% | 97.96% |
| 10 Yr | 6.7%* | -3.0% | 28.1% | 82.24% |
* Annualized
Return Ranking - Calendar
| Period | JCSCX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 6.8% | -6.0% | 33.6% | 72.81% |
| 2022 | -14.7% | -36.7% | 212.9% | 39.13% |
| 2021 | 19.8% | -62.0% | 147.6% | 52.37% |
| 2020 | -7.8% | -24.8% | 31.3% | 95.17% |
| 2019 | 25.0% | -21.7% | 34.0% | 12.80% |
Total Return Ranking - Trailing
| Period | JCSCX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 15.4% | -9.4% | 28.2% | 55.66% |
| 1 Yr | 28.2% | 4.7% | 43.2% | 62.26% |
| 3 Yr | 4.7%* | -11.9% | 70.9% | 64.01% |
| 5 Yr | 6.2%* | -2.3% | 53.0% | 97.96% |
| 10 Yr | 6.7%* | -3.0% | 28.1% | 82.24% |
* Annualized
Total Return Ranking - Calendar
| Period | JCSCX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 12.2% | 1.8% | 35.4% | 77.30% |
| 2022 | -10.7% | -36.7% | 250.0% | 45.17% |
| 2021 | 21.6% | -3.0% | 157.9% | 94.51% |
| 2020 | -7.6% | -13.5% | 33.4% | 98.47% |
| 2019 | 25.0% | -1.5% | 34.3% | 25.87% |
NAV & Total Return History
JCSCX - Holdings
Concentration Analysis
| JCSCX | Category Low | Category High | JCSCX % Rank | |
|---|---|---|---|---|
| Net Assets | 2.49 B | 2.79 M | 54 B | 21.23% |
| Number of Holdings | 88 | 10 | 1599 | 67.22% |
| Net Assets in Top 10 | 542 M | 762 K | 3.2 B | 18.16% |
| Weighting of Top 10 | 22.67% | 5.2% | 92.2% | 45.15% |
Top 10 Holdings
- Chord Energy Corp. COM NEW 3.00%
- Piper Sandler Companies COM USD0.01 2.49%
- Kirby Corp COM USD0.10 2.35%
- Ameris Bancorp COM USD1 2.30%
- STAG Industrial, Inc. COM USD0.01 2.25%
- AXIS Capital Holdings Limited COM USD0.0125 2.20%
- Fulton Financial Corporation COM USD2.50 2.13%
- Commercial Metals Company COM USD5 2.09%
- Encore Wire Corp COM USD0.01 2.02%
- Eastern Bankshares Inc COM 1.85%
Asset Allocation
| Weighting | Return Low | Return High | JCSCX % Rank | |
|---|---|---|---|---|
| Stocks | 98.75% | 7.22% | 105.88% | 48.58% |
| Other | 1.48% | -1.83% | 31.19% | 10.85% |
| Cash | 0.06% | 0.00% | 39.68% | 91.27% |
| Preferred Stocks | 0.00% | 0.00% | 1.16% | 68.63% |
| Convertible Bonds | 0.00% | 0.00% | 2.63% | 67.94% |
| Bonds | 0.00% | 0.00% | 79.66% | 68.40% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | JCSCX % Rank | |
|---|---|---|---|---|
| Financial Services | 22.33% | 0.00% | 35.71% | 60.14% |
| Industrials | 16.17% | 0.65% | 48.61% | 58.94% |
| Real Estate | 11.78% | 0.00% | 44.41% | 19.81% |
| Healthcare | 10.42% | 0.00% | 25.76% | 8.94% |
| Technology | 9.32% | 0.00% | 34.03% | 44.44% |
| Consumer Cyclical | 8.59% | 0.00% | 51.62% | 81.16% |
| Energy | 8.31% | 0.00% | 29.42% | 47.58% |
| Basic Materials | 6.54% | 0.00% | 67.30% | 30.19% |
| Utilities | 2.59% | 0.00% | 13.86% | 49.28% |
| Consumer Defense | 2.42% | 0.00% | 13.22% | 78.02% |
| Communication Services | 1.54% | 0.00% | 24.90% | 70.53% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | JCSCX % Rank | |
|---|---|---|---|---|
| US | 97.02% | 7.22% | 105.88% | 58.49% |
| Non US | 1.73% | 0.00% | 76.17% | 20.99% |
JCSCX - Expenses
Operational Fees
| JCSCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 2.13% | 0.05% | 37.04% | 8.25% |
| Management Fee | 0.94% | 0.00% | 1.50% | 86.52% |
| 12b-1 Fee | 1.00% | 0.00% | 1.00% | 95.88% |
| Administrative Fee | N/A | 0.01% | 0.35% | N/A |
Sales Fees
| JCSCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 3.50% | 5.75% | N/A |
| Deferred Load | 1.00% | 1.00% | 4.00% | 74.42% |
Trading Fees
| JCSCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 0.50% | 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.
| JCSCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 53.00% | 7.00% | 252.00% | 53.37% |
JCSCX - Distributions
Dividend Yield Analysis
| JCSCX | Category Low | Category High | JCSCX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 14.14% | 97.64% |
Dividend Distribution Analysis
| JCSCX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annual | Quarterly | Annual |
Net Income Ratio Analysis
| JCSCX | Category Low | Category High | JCSCX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | -0.06% | -1.43% | 4.13% | 80.43% |
Capital Gain Distribution Analysis
| JCSCX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 11, 2023 | $1.042 | CapitalGainLongTerm |
| Dec 22, 2022 | $0.946 | CapitalGainLongTerm |
| Dec 22, 2021 | $0.355 | OrdinaryDividend |
| Dec 21, 2020 | $0.036 | OrdinaryDividend |
| Dec 20, 2018 | $1.473 | CapitalGainLongTerm |
| Dec 21, 2017 | $0.386 | CapitalGainShortTerm |
| Dec 21, 2017 | $1.571 | CapitalGainLongTerm |
| Dec 21, 2016 | $0.014 | CapitalGainShortTerm |
| Dec 21, 2016 | $0.715 | CapitalGainLongTerm |
| Dec 21, 2016 | $0.002 | OrdinaryDividend |
| Dec 21, 2015 | $0.417 | CapitalGainShortTerm |
| Dec 21, 2015 | $2.239 | CapitalGainLongTerm |
| Dec 19, 2014 | $1.283 | CapitalGainShortTerm |
| Dec 19, 2014 | $4.467 | CapitalGainLongTerm |
| Dec 19, 2013 | $0.069 | CapitalGainShortTerm |
| Dec 19, 2013 | $1.234 | CapitalGainLongTerm |
| Dec 20, 2012 | $0.899 | CapitalGainLongTerm |
| Dec 20, 2012 | $0.002 | OrdinaryDividend |
| Dec 22, 2011 | $0.862 | CapitalGainShortTerm |
| Dec 22, 2011 | $1.900 | CapitalGainLongTerm |
| Dec 20, 2010 | $0.609 | CapitalGainLongTerm |
| Dec 20, 2010 | $0.016 | OrdinaryDividend |
JCSCX - Fund Manager Analysis
Managers
Justin Tugman
Start Date
Tenure
Tenure Rank
Mar 13, 2009
13.22
13.2%
Justin Tugman, CFA, is a Co-Portfolio Manager of Janus Henderson. Mr. Tugman joined Perkins, an affiliate of Janus Capital, in June 2004. Mr. Tugman has co-managed the Small Cap Value strategy since 2009, the Mid Cap Value strategy since 2015 and the SMID Cap Value strategy since 2017. Mr. Tugman served as a research analyst through 2012, covering the energy and utility sectors upon joining Perkins in 2004. Prior to joining Perkins, he worked at Simmons & Company International as an analyst covering the energy sector during his four-year tenure at the firm. Mr. Tugman received his bachelor of science degree in finance from the University of Wyoming and an MBA with a concentration in finance from Tulane University. He holds the Chartered Financial Analyst designation.
Craig Kempler
Start Date
Tenure
Tenure Rank
Oct 03, 2017
4.66
4.7%
Craig Kempler, CFA, is Co-Portfolio Manager of Janus Henderson Small Cap Value Fund, which he has co-managed since October 2017. Mr. Kempler joined Perkins in May 2005 as a research analyst. Prior to that, Mr. Kempler worked at Independence Investments for two years as an analyst responsible for the technology sector. He also served as an investment analyst with McDonald Investments/Key Bank. Mr. Kempler holds a Bachelor of Arts degree in Economics and Political Science from Denison University and a Master of Business Administration degree in Finance and Accounting from Indiana University. Mr. Kempler holds the Chartered Financial Analyst designation.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.08 | 37.45 | 8.27 | 3.58 |