Janus Henderson Mid Cap Value Fund
JMIVX
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
- IPO Date
- Aug 12, 1998
- CIK
- 0000277751
- Similar Companies
- Business
- Janus Henderson Mid Cap Value Fund (JMIVX) is an open-end mutual fund managed by Janus Henderson Investors that seeks capital appreciation by investing primarily in equity securities of mid-cap value companies. The fund allocates at least 80% of its net assets to securities within the market capitalization range of the Russell Midcap Value Index at the time of purchase, with up to 20% flexibility for other capitalizations; it emphasizes high-quality companies featuring strong management, stable balance sheets, durable competitive advantages, and attractive valuations to deliver excess returns over full market cycles with lower downside risk, as measured by standard deviation, beta, and down-market capture. The portfolio typically holds 60 to 90 high-conviction stocks across sectors including financial services (19.28%), industrials (17.98%), and consumer cyclical (12.85%), with top holdings such as Casey's General Stores Inc., Alliant Energy Corp., and Expand Energy Corp.; it maintains high active share versus its benchmark through a bottom-up, fundamentals-driven process that prioritizes reward/risk ratios over broad economic fluctuations. Launched on July 6, 2009, with the broader strategy originating in 1998, JMIVX operates from the United States under Janus Henderson Investors, a British-American global asset manager formed in 2017 from the merger of Janus Capital Group (founded 1969 in Denver, Colorado) and Henderson Global Investors (roots in 1934 in London, UK), headquartered across Denver and London with approximately 25 offices worldwide. Recent developments include the planned retirement of longtime co-portfolio manager Kevin Preloger at year-end 2025, with comanager Justin Tugman (in place since 2015) continuing to lead the strategy alongside any successors; meanwhile, parent company Janus Henderson pursued growth through acquisitions such as Victory Park Capital (announced August 2024, closed Q4 2024) to bolster private credit capabilities, a strategic partnership with NBK Wealth (May 2024) forming an emerging markets private capital division, and ongoing M&A activity to diversify offerings amid client demand for alternatives and ETFs.