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JMIVX Janus Henderson Mid Cap Value L

  • Fund
  • JMIVX
  • Price as of: Jul 19, 2019
  • $15.62 - $0.05 - 0.32%
  • Category
  • Mid Cap Value Equities

JMIVX - Profile

Vitals

  • YTD Return 20.1%
  • 3 Yr Annualized Return -2.9%
  • 5 Yr Annualized Return -9.1%
  • Net Assets $3.24 B
  • Holdings in Top 10 30.1%

52 WEEK LOW AND HIGH

$15.62
$12.40
$17.99

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.93%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 41.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

Closed to new investors as of Mar 31, 2000

STANDARD (TAXABLE)

$250,000

IRA

N/A

Investment Themes

CATEGORY

Mid Cap Value Equities
  • Fund Type Open End Mutual Fund
  • Investment Style Mid-Cap Value

Distributions

  • YTD Total Return 20.4%
  • 3 Yr Annualized Total Return 9.0%
  • 5 Yr Annualized Total Return 7.0%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.73%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name Janus Henderson Mid Cap Value Fund
  • Fund Family Name Janus Henderson
  • Inception Date Aug 12, 1998
  • Shares Outstanding N/A
  • Share Class Inst
  • Currency USD
  • Domiciled Country United States
  • Manager Kevin Preloger

Fund Description

The fund primarily invests in the common stocks of mid-sized companies whose stock prices are believed to be undervalued by the fund's portfolio managers. It invests at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities of companies whose market capitalization falls, at the time of purchase, within the 12-month average of the capitalization range of the Russell Midcap® Value Index. The fund may invest, under normal circumstances, up to 20% of its net assets in securities of companies having market capitalizations outside of the aforementioned market capitalization ranges.

JMIVX - Performance

Return Ranking - Trailing

Period JMIVX Return Category Return Low Category Return High Rank in Category (%)
YTD 20.1% -4.4% 27.7% 15.76%
1 Yr -10.3% -33.3% 5.1% 41.21%
3 Yr -2.9%* -14.7% 11.9% 78.48%
5 Yr -9.1%* -12.9% 8.2% 91.29%
10 Yr -0.9%* -1.0% 13.2% 96.60%

* Annualized


Return Ranking - Calendar

Period JMIVX Return Category Return Low Category Return High Rank in Category (%)
2018 -24.8% -40.8% -8.9% 65.76%
2017 2.4% -16.5% 19.6% 75.00%
2016 8.3% -16.4% 28.0% 79.43%
2015 -23.1% -30.9% 0.2% 90.48%
2014 -14.1% -44.7% 12.4% 95.12%

Total Return Ranking - Trailing

Period JMIVX Return Category Return Low Category Return High Rank in Category (%)
YTD 20.4% -4.4% 27.7% 14.55%
1 Yr 3.5% -27.9% 9.3% 9.70%
3 Yr 9.0%* -8.0% 14.8% 8.54%
5 Yr 7.0%* -9.9% 9.3% 13.55%
10 Yr 10.6%* 2.8% 14.5% 56.80%

* Annualized


Total Return Ranking - Calendar

Period JMIVX Return Category Return Low Category Return High Rank in Category (%)
2018 -13.5% -35.2% -2.7% 25.45%
2017 14.1% -5.9% 26.9% 28.80%
2016 19.3% -2.5% 28.0% 25.95%
2015 -3.7% -25.7% 5.0% 31.43%
2014 9.1% -44.0% 17.4% 42.86%

NAV & Total Return History

JMIVX - Holdings

Concentration Analysis

JMIVX Category Low Category High JMIVX % Rank
Net Assets 3.24 B 1.73 M 30.1 B 17.88%
Number of Holdings 60 27 2612 74.24%
Net Assets in Top 10 965 M 243 K 8.88 B 14.85%
Weighting of Top 10 30.05% 7.8% 52.4% 22.42%

Top 10 Holdings

  1. Equity Lifestyle Properties Inc 3.85%

  2. Evergy Inc 3.61%

  3. Torchmark Corp 3.15%

  4. RenaissanceRe Holdings Ltd 3.09%

  5. Equity Commonwealth 2.92%

  6. NewMarket Corp 2.82%

  7. Lamar Advertising Co Class A 2.80%

  8. The Hartford Financial Services Group Inc 2.69%

  9. Laboratory Corp of America Holdings 2.64%

  10. Cedar Fair LP 2.48%


Asset Allocation

Weighting Return Low Return High JMIVX % Rank
Stocks
96.18% 16.88% 100.07% 76.67%
Cash
3.82% -0.08% 65.64% 23.03%
Preferred Stocks
0.00% 0.00% 17.48% 59.39%
Other
0.00% -2.10% 5.50% 61.82%
Convertible Bonds
0.00% 0.00% 0.63% 57.58%
Bonds
0.00% 0.00% 27.89% 62.73%

Stock Sector Breakdown

Weighting Return Low Return High JMIVX % Rank
Financial Services
24.75% 1.95% 34.58% 18.79%
Industrials
14.72% 0.00% 35.95% 48.18%
Real Estate
14.32% 0.00% 17.98% 10.00%
Consumer Cyclical
9.84% 0.90% 33.24% 80.30%
Basic Materials
9.48% 0.00% 11.67% 7.58%
Utilities
7.42% 0.00% 13.12% 37.88%
Technology
5.25% 0.00% 35.74% 91.82%
Energy
4.04% 0.00% 18.93% 82.42%
Healthcare
3.40% 0.00% 23.78% 87.58%
Consumer Defense
2.95% 0.00% 12.24% 85.15%
Communication Services
0.00% 0.00% 5.51% 81.82%

Stock Geographic Breakdown

Weighting Return Low Return High JMIVX % Rank
US
92.54% 11.51% 99.86% 64.55%
Non US
3.64% 0.00% 37.99% 53.03%

JMIVX - Expenses

Operational Fees

JMIVX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.93% 0.00% 6.88% 72.73%
Management Fee 0.64% 0.06% 1.26% 22.12%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.47% N/A

Sales Fees

JMIVX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

JMIVX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.50% 2.00% N/A

Turnover 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.

JMIVX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 41.00% 2.00% 558.00% 45.76%

JMIVX - Distributions

Dividend Yield Analysis

JMIVX Category Low Category High JMIVX % Rank
Dividend Yield 0.01% 0.00% 0.04% 16.06%

Dividend Distribution Analysis

JMIVX Category Low Category High Category Mode
Dividend Distribution Frequency Annually Annually Monthly Annually

Dividend Payout History


Net Income Ratio Analysis

JMIVX Category Low Category High JMIVX % Rank
Net Income Ratio 0.73% -4.66% 6.58% 40.61%

Capital Gain Distribution Analysis

JMIVX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

JMIVX - Managers

Kevin Preloger

Manager

Start Date

Tenure

Tenure Rank

Apr 01, 2013

6.25

6.3%

Kevin Preloger is co-portfolio manager of the Perkins Large Cap Value strategy and a research analyst covering the financial services sector. Mr. Preloger joined Perkins in May 2002 as a research analyst covering the financial services sector. Prior to joining Perkins, he worked at ABN AMRO/LaSalle Bank Wealth Management as an analyst covering both the financial services and technology sectors during his five-year tenure at the firm.


Justin Tugman

Manager

Start Date

Tenure

Tenure Rank

Mar 19, 2015

4.28

4.3%

Justin Tugman, CFA, is a Co-Portfolio Manager. He is also Portfolio Manager of other Janus Henderson accounts. Mr. Tugman joined Perkins in June 2004 as a research analyst. Prior to joining Perkins, Mr. Tugman worked at Simmons & Company International as an analyst covering the energy sector during his four-year tenure at the firm. He received his bachelor of science degree in finance from the University of Wyoming and a Master’s degree in Finance from Tulane University. He holds the Chartered Financial Analyst designation.


Tenure Analysis

Category Low

0.0

Category High

30.85

Category Average

7.73

Category Mode

3.81