Janus Henderson Mid Cap Value Fund - T Shares
JMCVX
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
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 151 Detroit Street Denver CO United States of America 80206
- IPO Date
- Aug 12, 1998
- CIK
- 0000277751
- Website
- janushenderson.com
- Similar Companies
- Business
- Janus Henderson Mid Cap Value Fund - T Shares (JMCVX) is an open-end mutual fund that seeks capital appreciation by investing at least 80% of its net assets in equity securities of mid-sized companies whose market capitalization, at the time of purchase, falls within the capitalization range of the Russell Midcap Value Index; the fund employs a high-conviction, bottom-up process emphasizing downside risk assessment before upside potential, typically holding 60 to 90 stocks selected for strong management teams, stable balance sheets, durable competitive advantages, and attractive valuations. Key portfolio sectors include industrials (18.62%), financial services (16.85%), consumer cyclical (13.97%), technology (8.53%), and real estate (8.28%), with top holdings such as Alliant Energy Corp (2.94%), Casey's General Stores Inc (2.75%), Expand Energy Corp (2.56%), Agree Realty Corp (2.30%), and Freeport-McMoRan Inc (2.26%); the fund may allocate up to 20% to foreign securities, cash equivalents, or securities outside the mid-cap range during unfavorable market conditions. The T Shares class, with a net expense ratio of 0.89%, a minimum initial investment of $2,500, and an annual turnover of approximately 37%, targets institutional and retail investors seeking defensive mid-cap value exposure with lower volatility than the benchmark. Managed by Janus Henderson Investors, a global asset manager headquartered in Denver, Colorado, with additional key offices in London, United Kingdom, the fund traces its inception to August 12, 1998, and forms part of the firm's broader equity offerings serving individual investors, financial intermediaries, and institutional clients worldwide; current portfolio managers include Justin Tugman (since March 2015), with comanager Kevin Preloger set to retire at the end of 2025 after joining in April 2013. Janus Henderson Investors, formed in 2017 through the merger of Janus Capital Group (founded 1969) and Henderson Group (roots in 1934), oversees approximately $331 billion in assets under management across equities, fixed income, and alternatives. Recent developments include the planned retirement of comanager Kevin Preloger at year-end 2025, leaving Justin Tugman to continue leading the strategy with ratings unchanged; at the parent company level, Janus Henderson completed the acquisition of Victory Park Capital Advisors in October 2024, bolstering its private credit capabilities, and formed a joint venture with Privacore Capital in June 2023 for alternative investments distribution, while receiving a non-binding acquisition proposal in December 2025 from Trian Fund Management and General Catalyst.