Jensen Quality Growth Fund
JENIX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
•
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
- Lake Oswego, OR 97035 New York OR United States of America 97239
- IPO Date
- Jul 30, 2003
- CIK
- 0000887215
- Website
- jenseninvestment.com
- Similar Companies
- Business
- Jensen Quality Growth Fund Class I (JENIX) is an open-end mutual fund managed by Jensen Investment Management Inc. that seeks long-term capital appreciation and preservation by investing primarily in high-quality U.S. large-cap companies exhibiting consistent returns on equity above 15% over the prior 10 years, excellent financial condition, and sustainable competitive advantages; the fund maintains a concentrated portfolio typically comprising 25 to 30 stocks, with approximately 99.6% allocated to U.S. equities and minimal cash holdings, focusing on sectors such as technology, healthcare, financials, and consumer discretionary. The fund offers Class I shares with a net expense ratio of 0.60%, a minimum initial investment of $250,000, and daily pricing, available to U.S. investors through financial advisors and platforms. Managed by a team including Robert McIver (since 2005), Kurt Havnaer, Allen Bond, Adam Calamar, and Jeffrey Wilson (promoted to portfolio manager in early 2025), the strategy emphasizes low portfolio turnover and risk mitigation relative to broad market indices like the S&P 500. Jensen Investment Management Inc., the fund's adviser, founded in 1988 by Val Jensen and headquartered in Lake Oswego, Oregon, oversees approximately $8.2 billion in assets under management across three core strategies, including the Jensen Quality Growth, Jensen Quality Mid Cap, and Jensen Global Quality Growth approaches; the firm is 100% employee-owned, with recent additions to ownership including Phil Bennett and Sarah Stevens in 2024, Holly Campbell, Crista DesRochers, and Alisa Millerd in 2025. The Jensen Quality Growth Fund, originally launched as the Jensen Portfolio in 1992 and renamed in 2018, targets institutional and high-net-worth investors seeking blend-style large-cap exposure with lower volatility than the Russell 1000 Growth Index. Recent developments include the August 2024 launch of the Jensen Quality Growth ETF (JGRW), which reached $69 million in assets by July 2025 and applies the same investment philosophy in a more liquid, tax-efficient structure managed by the identical team; in 2024, the firm renamed its Quality Value Strategy to Jensen Quality Mid Cap Strategy. Portfolio activity in 2024-2025 featured nine changes in 2024, adding positions in Zoetis, McDonald's, Sherwin-Williams, Copart, and Cadence Design Systems while exiting Pfizer, Moody's, Starbucks, and Ball Corporation; 2025 updates involved selling Home Depot and Accenture to fund purchases of Veeva Systems, adding Amazon and Broadcom, and trimming Amphenol and Zoetis amid shifting growth prospects and valuations. Leadership enhancements comprise Jannis Fingberg's promotion to Global Quality Growth portfolio manager and ongoing team expansions to sustain the firm's disciplined, team-based process.