Janus Contrarian Fund (JSVAX)
Investing Opportunistically in Non-Consensus Equity Ideas



Inception Date2/29/2000
NAV (As of 3/5/15 )$22.37
Total Net Assets (As of 1/31/15)$4.39B
Annual Expense Ratio
(As of fiscal year end 9/30/14)
GROSS 0.89%
NET 0.89%

Performance (As of 12/31/14)
1 Year17.32%
3 Year26.25%
5 Year13.48%
10 Year8.89%
Morningstar (As of 2/28/15)
CategoryLarge Blend
Style Box

Returns quoted are past performance and do not guarantee future results; current performance may be lower or higher. Investment returns and principal value will vary; there may be a gain or loss when shares are sold. For the most recent month-end performance click here.

Net expense ratios reflect the expense waiver, if any, Janus Capital has contractually agreed to through 2/1/16.

Client Commitment

A U.S. centric equity fund, unconstrained by cap and style, investing opportunistically in non-consensus ideas. Through deep fundamental analysis, we seek to identify underfollowed, underappreciated and undervalued companies undergoing significant, positive change at the company, industry or market sentiment level.

Client Commitment Video

Why Invest in the Fund


We concentrate our research and analysis on evolving, misunderstood and controversial investment ideas where we have a differentiated view from the market. The approach aims to avoid stocks already well known and valued by the market.


The Fund seeks to capitalize on non-consensus equity investments unconstrained by market cap and style. We seek to be early to evolving investments.


The Fund offers exposure to securities undergoing changes at the company, industry or market sentiment level that we believe will positively impact the stock price. This approach aims to provide long-term risk-adjusted returns greater than broad equity markets.


Taking a Differentiated View Helped Deliver Higher Quartile Total Returns vs. Majority of Peers
Janus Contrarian Fund vs. Morningstar Large Blend Peers as of 12/31/14
Past performance is no guarantee of future results. Based on the Fund’s “parent” share class (typically that with the longest history).Performance varies by share class.