Janus Henderson Mid Cap Value Fund Class S
JMVIX
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 Denver CO United States of America 80206
- IPO Date
- Jan 2, 2003
- CIK
- 0000277751
- Website
- janushenderson.com
- Similar Companies
- Business
- Janus Henderson Mid Cap Value Fund Class S (JMVIX) is an open-end mutual fund that seeks capital appreciation by investing primarily in equity securities of mid-capitalization value companies. The fund allocates at least 80% of its net assets (plus any borrowings for investment purposes) to common stocks of mid-sized companies whose market capitalizations fall within the range of the Russell Midcap Value Index at the time of purchase; it may invest up to 20% in securities outside this range under normal circumstances. It employs a defensive value strategy focused on high-quality companies with strong management teams, stable balance sheets, durable competitive advantages, and attractive valuations, targeting excess returns over full market cycles with lower volatility than the benchmark as measured by standard deviation, beta, and down-market capture; the high-conviction portfolio typically holds 60 to 90 stocks, emphasizing business fundamentals over economic fluctuations, with top holdings including Casey's General Stores Inc., Alliant Energy Corp., Agree Realty Corp., Expand Energy Corp., and Freeport-McMoRan Inc. Janus Henderson Mid Cap Value Fund Class S forms part of the broader Janus Henderson Investors product suite within the mid-cap value category, managed by a team led by Justin Tugman (since March 2015), with comanager Kevin Preloger set to retire at year-end 2025 after joining in April 2013. The fund, with approximately $2.0 billion in total net assets across its share classes, distributes dividends annually and exhibits a turnover rate of 37%, a 12-month yield of 0.37%, and an adjusted expense ratio of 1.140% for the Class S shares. It primarily targets institutional and high-net-worth investors seeking mid-cap value exposure, with geographic focus on U.S. equities (over 94% allocation), supplemented by limited non-U.S. stocks. Inaugurated on August 12, 1998, and domiciled in the United States, the fund operates under Janus Henderson Investors, a global active asset manager headquartered in London with significant operations in Denver, formed in 2017 via the merger of Janus Capital Group and Henderson Global Investors. Janus Henderson manages $483.8 billion in client assets across equities, fixed income, multi-asset, and alternatives, serving over 60 million people worldwide through offices in 27 cities. Recent developments at the parent firm include the April 2025 strategic partnership with Guardian Life Insurance Company, under which Janus Henderson assumed management of $45 billion in investment-grade public fixed income assets, received up to $400 million in seed capital for fixed income innovation, and co-developed multi-asset model portfolios; additionally, the August 2024 acquisition of Victory Park Capital bolstered private credit capabilities, with the deal closing in Q4 2024.