Janus Henderson Venture Fund Class D
JANVX
NASDAQ- -
USD
- -
- -
- -
- -
(- -)
Recent
price
- -
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- Janus Henderson Venture Fund Class D (JANVX) is an open-end mutual fund managed by Janus Henderson Investors that seeks capital appreciation by investing primarily in small-sized growth companies, defined as those with market capitalizations within the range of the Russell 2000 Growth Index at the time of purchase; it normally allocates at least 50% of its equity assets to such companies while also permitting investments in larger companies exhibiting strong growth potential, foreign securities including emerging markets, and limited exposure to cash and other assets. The fund's portfolio emphasizes sectors such as technology (approximately 29%), industrials (22%), and healthcare (21%), with top holdings including Stride Inc., SS&C Technologies Holdings Inc., Descartes Systems Group Inc., OSI Systems Inc., and LPL Financial Holdings Inc., representing about 12% of assets under management totaling roughly $3 billion as of mid-2025. It features a net expense ratio of 0.79%, daily pricing, and a minimum initial investment of $2,500 for Class D shares. Janus Henderson Venture Fund Class D is led by portfolio manager Jonathan D. Coleman since May 2013, alongside co-managers Scott Stutzman (since July 2016) and Aaron Schaechterle (since September 2023), supported by a specialized small- and mid-cap research team conducting in-depth fundamental analysis to identify companies with differentiated business models, sustainable competitive advantages, and potential for market share growth across economic cycles. The fund maintains moderate positioning relative to its benchmark, targeting consistent returns with lower volatility, active share exceeding 88%, and annual turnover around 23%, while diversifying across approximately 132 equity holdings with a weighted average market cap of $6.82 billion. Launched on April 30, 1985, the fund operates under Janus Henderson Group plc, a global asset manager formed by the 2017 merger of Janus Capital Group (founded 1969 in Denver, Colorado) and Henderson Global Investors (roots in 1934, London), with the parent company headquartered in London and maintaining significant U.S. operations including in Denver. It primarily serves individual and institutional investors in the United States through various share classes, with availability focused on domestic markets but portfolio exposure extending to non-U.S. stocks (about 11%). In recent developments, Janus Henderson Group has pursued strategic growth through acquisitions and partnerships, including a May 2024 deal with NBK Wealth to form an emerging markets private capital division and an August 2024 agreement to acquire a majority stake in Victory Park Capital to bolster private credit capabilities, enhancing the firm's alternatives offerings amid client demand; an October 2025 announcement further confirmed the Victory Park integration to scale private credit solutions. At the fund level, portfolio characteristics showed resilience in Q1 2025 with a -8.61% return outperforming the Russell 2000 Growth Index's -11.12%, alongside updated sector weights as of June 30, 2025, reflecting ongoing active management. These parent-level expansions support broader capabilities available to funds like JANVX, with no reported fund-specific reorganizations or manager changes in the past two years.