Janus Henderson Forty Fund
JFRNX
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
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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 New York NY United States of America 10179
- IPO Date
- May 31, 2012
- CIK
- 0000277751
- Website
- am.jpmorgan.com
- Similar Companies
- Business
- Janus Henderson Forty Fund Class N (JFRNX) is a concentrated large-cap growth mutual fund managed by Janus Henderson Investors that normally invests in a portfolio of 30 to 40 common stocks selected for their potential for long-term growth of capital; it emphasizes high-conviction positions in innovative wide-moat companies with sustainable competitive advantages, dominant market positions, and exposure to disruptive technologies, products, or business models, primarily in sectors such as technology, consumer cyclical, healthcare, financial services, and communication services. The fund offers Class N shares with a net expense ratio of 0.52%, a minimum initial investment of $1,000,000, daily pricing, and availability to investors in the United States, where it maintains a domicile and focuses predominantly on U.S. stocks (approximately 89% allocation) with smaller non-U.S. equity holdings. Top holdings typically include leading names like Microsoft Corp., Amazon.com Inc., NVIDIA Corp., Mastercard Inc., and Meta Platforms Inc., representing around 35% of the portfolio. Janus Henderson Investors, the fund's manager, operates as a global asset management firm headquartered in Denver, Colorado, with roots tracing back to Janus Capital Management founded in 1969 and Henderson Global Investors originating in 1934, culminating in their 2017 merger to form the current entity listed on the NYSE under ticker JHG. The firm provides a broad range of actively managed funds, exchange-traded funds (ETFs), alternatives including private credit and securitized products, and multi-asset solutions to individual, advisor, and institutional clients worldwide, with significant assets under management and operations across regions including the United States, United Kingdom, Europe, Asia-Pacific, and emerging markets. Recent developments at Janus Henderson include a multifaceted strategic partnership announced in April 2025 with The Guardian Life Insurance Company of America, under which Janus Henderson manages Guardian's $45 billion investment grade public fixed income portfolio, receives up to $400 million in seed capital for fixed income product innovation such as active ETFs (e.g., JAAA, JBBB, JMBS, VNLA), and co-develops proprietary multi-asset model portfolios for Guardian's broker-dealer and RIA arms. In August 2024, the firm acquired a majority stake in Victory Park Capital Advisors, a global private credit manager, to enhance its alternatives platform, complementing its $36.3 billion securitized credit franchise and targeting institutional clients like insurers, pensions, and sovereign wealth funds; this followed earlier 2024 moves such as the acquisition of Tabula for ETF expansion and a partnership with NBK Wealth for emerging markets private capital. These initiatives reflect Janus Henderson's strategic focus on diversification, private markets growth, and client-driven product development amid evolving market demands.