Janus Henderson Contrarian Fund
JCNAX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- Denver CO 80206 Denver CO United States of America 80206
- IPO Date
- Aug 4, 2005
- CIK
- 0000277751
- Website
- janushenderson.com
- Similar Companies
- Business
- Janus Henderson Contrarian Fund (JCNAX) is an open-end mutual fund that seeks long-term growth of capital by investing primarily in equity securities of companies with durable business models trading at significant discounts to their intrinsic value. The fund normally maintains a concentrated portfolio of 35-55 common stocks selected through bottom-up fundamental analysis across all market capitalizations, including mid-cap blend opportunities; at least 80% of its net assets (plus borrowings for investment purposes) are allocated to such equities, with current top holdings including Oracle Corp (approximately 7.7%), Capital One Financial Corp (6.2%), Surgery Partners Inc (5.4%), PNC Financial Services Group Inc (4.9%), and Caesars Entertainment Inc (4.8%), representing about 29% of the portfolio. Sector allocations emphasize financial services (25%), technology (22%), healthcare (18%), industrials (15%), and consumer cyclical (13%), with approximately 91% in U.S. stocks, 8% in non-U.S. stocks, and minimal cash. Launched on July 6, 2009, the fund is managed by Nick Schommer since July 3, 2017, and forms part of the offerings of Janus Henderson Investors, formed by the 2017 merger of Janus Capital (founded 1969) and Henderson Group (roots in 1934), with dual headquarters in Denver, Colorado, and London, United Kingdom. The fund operates within the U.S. market, available to U.S. investors with a minimum initial investment of $2,500, a net expense ratio of 0.89%, and a front-end load of 5.75%. In recent developments, Janus Henderson Investors received a non-binding acquisition proposal in October 2025 from Trian Fund Management and General Catalyst, offering $46 per share for outstanding ordinary shares not controlled by Trian, prompting formation of a special committee for review. Additionally, in June 2025, Janus Henderson closed a strategic partnership with Guardian Capital Group, under which it assumed management of Guardian's $45 billion investment-grade public fixed income portfolio while Guardian took stakes in certain Janus Henderson strategies. The firm marked its 90-year heritage milestone in April 2024 by ringing the New York Stock Exchange bell, amid ongoing portfolio adjustments reflected in updated holdings as of June 30, 2025, and August 31, 2025.