Janus Henderson Mid Cap Value L
- JMIVX
- Price as of: Feb 25, 2021
-
$17.32
N/A N/A
- Primary Theme
- U.S. Mid-Cap Value Equity
- Fund Company
- Janus
- Share Class
JMIVX - Snapshot
Vitals
- YTD Return 5.0%
- 3 Yr Annualized Return 2.8%
- 5 Yr Annualized Return 9.6%
- Net Assets $2.62 B
- Holdings in Top 10 25.5%
52 WEEK LOW AND HIGH
Expenses
OPERATING RELATED FEES
- Expense Ratio 1.05%
SALES FEES
- Front Load N/A
- Deferred Load N/A
BROKERAGE FEES
- Turnover 37.00%
TRADING FEES
- Max Redemption Fee N/A
Min Investment
- Standard (Taxable) $250,000
- IRA N/A
Fund Classification
-
Primary Theme
U.S. Mid-Cap Value Equity
- Fund Type Open End Mutual Fund
- Investment Style Mid-Cap Value
JMIVX - Profile
Distributions
- YTD Total Return 5.0%
- 3 Yr Annualized Total Return 2.8%
- 5 Yr Annualized Total Return 9.6%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.20%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NameJanus Henderson Mid Cap Value Fund
-
Fund Family NameJanus Henderson
-
Inception DateAug 12, 1998
-
Shares OutstandingN/A
-
Share ClassInst
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerKevin 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 | 5.0% | -16.8% | 31.8% | 92.86% |
1 Yr | -1.1% | -21.3% | 40.5% | 91.43% |
3 Yr | 2.8%* | -9.0% | 13.3% | 54.01% |
5 Yr | 9.6%* | 1.6% | 16.2% | 60.00% |
10 Yr | 7.7%* | 6.0% | 11.7% | 80.82% |
* Annualized
Return Ranking - Calendar
Period | JMIVX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2020 | -2.5% | -49.5% | 626.7% | 75.36% |
2019 | 27.4% | -14.6% | 40.9% | 13.50% |
2018 | -24.8% | -56.9% | 14.0% | 72.89% |
2017 | 2.4% | -62.6% | 24.1% | 76.86% |
2016 | 8.3% | -14.6% | 28.1% | 81.19% |
Total Return Ranking - Trailing
Period | JMIVX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 5.0% | -16.8% | 31.8% | 93.33% |
1 Yr | -1.1% | -24.7% | 40.5% | 86.67% |
3 Yr | 2.8%* | -10.0% | 13.3% | 51.09% |
5 Yr | 9.6%* | 1.6% | 16.2% | 55.90% |
10 Yr | 7.7%* | 6.0% | 11.7% | 78.93% |
* Annualized
Total Return Ranking - Calendar
Period | JMIVX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2020 | -2.5% | -49.5% | 626.7% | 75.36% |
2019 | 27.4% | -14.6% | 40.9% | 13.50% |
2018 | -13.5% | -32.7% | 15.2% | 30.69% |
2017 | 14.1% | -3.5% | 26.9% | 28.57% |
2016 | 19.3% | -6.1% | 29.0% | 31.94% |
NAV & Total Return History
JMIVX - Holdings
Concentration Analysis
JMIVX | Category Low | Category High | JMIVX % Rank | |
---|---|---|---|---|
Net Assets | 2.62 B | 5.09 M | 28.5 B | 20.43% |
Number of Holdings | 69 | 3 | 2364 | 66.27% |
Net Assets in Top 10 | 669 M | 541 K | 7.56 B | 18.53% |
Weighting of Top 10 | 25.45% | 5.0% | 100.0% | 40.86% |
Top 10 Holdings
- BWX Technologies Inc 3.44%
- Globe Life Inc 3.14%
- Equity Lifestyle Properties Inc 2.91%
- Public Storage 2.78%
- Alliant Energy Corp 2.73%
- The Hartford Financial Services Group Inc 2.68%
- Citizens Financial Group Inc 2.61%
- Laboratory Corp of America Holdings 2.59%
- Fox Corp Class B 2.51%
- Equity Commonwealth 2.50%
Asset Allocation
Weighting | Return Low | Return High | JMIVX % Rank | |
---|---|---|---|---|
Stocks | 98.08% | 85.03% | 100.13% | 56.06% |
Cash | 1.92% | -0.13% | 12.87% | 44.18% |
Preferred Stocks | 0.00% | 0.00% | 6.07% | 78.62% |
Other | 0.00% | -0.17% | 4.93% | 76.72% |
Convertible Bonds | 0.00% | 0.00% | 0.00% | 77.91% |
Bonds | 0.00% | 0.00% | 1.20% | 79.10% |
Stock Sector Breakdown
Weighting | Return Low | Return High | JMIVX % Rank | |
---|---|---|---|---|
Financial Services | 22.93% | 0.00% | 55.31% | 18.05% |
Industrials | 13.61% | 0.00% | 29.02% | 68.65% |
Real Estate | 11.64% | 0.00% | 36.07% | 10.21% |
Technology | 11.21% | 0.00% | 23.28% | 34.20% |
Consumer Cyclical | 9.99% | 0.00% | 35.55% | 81.24% |
Basic Materials | 8.41% | 0.00% | 19.58% | 16.39% |
Utilities | 8.09% | 0.00% | 22.63% | 22.33% |
Healthcare | 5.77% | 0.00% | 31.63% | 78.86% |
Communication Services | 3.82% | 0.00% | 23.04% | 30.64% |
Consumer Defense | 3.66% | 0.00% | 24.58% | 75.06% |
Energy | 0.88% | 0.00% | 25.63% | 90.74% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | JMIVX % Rank | |
---|---|---|---|---|
US | 94.17% | 12.09% | 100.00% | 60.10% |
Non US | 3.91% | 0.00% | 80.31% | 34.20% |
JMIVX - Expenses
Operational Fees
JMIVX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.05% | 0.01% | 43.95% | 54.17% |
Management Fee | 0.72% | 0.00% | 1.25% | 57.48% |
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 | 3.50% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
JMIVX 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.
JMIVX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 37.00% | 4.00% | 488.00% | 31.89% |
JMIVX - Distributions
Dividend Yield Analysis
JMIVX | Category Low | Category High | JMIVX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 4.02% | 80.05% |
Dividend Distribution Analysis
JMIVX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annually | Annually | Quarterly | Annually |
Net Income Ratio Analysis
JMIVX | Category Low | Category High | JMIVX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.20% | -1.16% | 4.83% | 46.76% |
Capital Gain Distribution Analysis
JMIVX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Dividend Payout History
Date | Amount |
---|---|
Dec 20, 2018 | $0.194 |
Dec 21, 2017 | $0.087 |
Dec 21, 2016 | $0.153 |
Dec 21, 2015 | $0.257 |
Dec 19, 2014 | $0.704 |
Dec 19, 2013 | $0.403 |
Dec 20, 2012 | $0.145 |
Dec 20, 2010 | $0.188 |
Dec 18, 2009 | $0.054 |
Jun 24, 2009 | $0.087 |
Dec 12, 2003 | $0.143 |
JMIVX - Fund Manager Analysis
Managers
Kevin Preloger
Start Date
Tenure
Tenure Rank
Apr 01, 2013
7.84
7.8%
Kevin Preloger is a Portfolio Manager at Perkins and has served as a co-portfolio manager of the Mid Cap Value Fund since May 2020. Mr. Preloger joined Perkins in 2002 as a research analyst covering the financial services sector. He was named co-portfolio manager of the Large Cap Value strategy in 2006 and became sole portfolio manager in 2018. He was named co-portfolio manager of the Mid Cap Value strategy in 2013 and the SMID Cap Value strategy in 2017. Prior to joining Perkins, he worked as an analyst at ABN AMRO/LaSalle Bank Wealth Management and covered the financial services and technology sectors during his five-year tenure at the firm. Mr. Preloger received his bachelor of arts degree in economics from Northwestern University.
Justin Tugman
Start Date
Tenure
Tenure Rank
Mar 19, 2015
5.88
5.9%
Justin Tugman, CFA, is a Portfolio Manager at Perkins and has served as a co-portfolio manager of the Mid Cap Value Fund since May 2020. 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.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 34.26 | 7.75 | 9.59 |