Janus Contrarian Fund (JSVAX)

Investing Opportunistically in Non-Consensus Equity Ideas



Inception Date2/29/2000
NAV (As of 9/23/16)$18.58
Total Net Assets (As of 8/31/16)$2.82B
Annual Expense Ratio
(As of fiscal year end 9/30/15)
GROSS 1.04%
NET 1.04%

Performance (As of 6/30/16)
1 Year-14.98%
3 Year3.97%
5 Year6.58%
10 Year4.29%
Morningstar (As of 8/31/16)
CategoryMid-Cap 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.

Returns greater than one year are annualized.

Net expense ratios reflect the expense waiver, if any, Janus Capital has contractually agreed to through 2/1/17.

Quarterly Commentary - Q2 2016


The Fund underperformed its benchmark during the period.

Our investments in major airlines suffered from pricing weakness, which overwhelmed numerous positive factors.

Stocks with volatile earnings continue to be punished, providing good buying opportunities for the Fund, especially in companies going through turnarounds.


Dan Kozlowski

Daniel R. Kozlowski, CFA

Fund Manager since 2011
Industry since 1999