Janus Henderson Enterprise Fund Class N (JDMNX) is an actively managed open-end mutual fund offered by Janus Henderson Investors, focusing on long-term capital appreciation through investments primarily in common stocks of U.S. companies with market capitalizations above $2 billion. The fund employs a bottom-up fundamental research process to select securities exhibiting earnings growth, strong balance sheets, and attractive valuations; it maintains a diversified portfolio across sectors such as technology, healthcare, financials, consumer discretionary, and industrials, with typical holdings including established growth names like Microsoft, Visa, and UnitedHealth Group. Shares of the Class N are distributed through financial intermediaries with a minimum initial investment of $2,500 and an expense ratio of approximately 0.84% as of the latest prospectus. Janus Henderson Investors, headquartered in London, UK, with significant U.S. operations in Denver, Colorado, was formed in 2017 through the merger of Janus Capital Group (founded 1969) and Henderson Investors; the firm manages over $400 billion in assets globally across equity, fixed income, multi-asset, and alternative strategies for institutional and retail investors worldwide. Recent developments include the launch of new ESG-integrated share classes in 2024 and a strategic partnership with U.S. wealth platforms to expand retail access; in 2025, the fund benefited from portfolio manager enhancements amid market volatility, with no major reorganizations reported.