Perkins Large Cap Value Fund (JAPIX)

Defensive Large-Cap Value Equities



Inception Date12/31/2008
NAV (As of 5/26/17)$16.22
Total Net Assets (As of 4/30/17)$138.07M
Annual Expense Ratio
(As of fiscal year end 6/30/16)
GROSS 0.73%
NET 0.70%

Morningstar Fee Level
(As of 4/30/17)
Fee Level Group
(out of 1115 funds)
Large Cap Institutional

Performance (As of 3/31/17)
1 Year15.04%
3 Year6.87%
5 Year10.46%
Since Inception11.93%
Morningstar (As of 4/30/17)
CategoryUS Fund Large Value
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 11/1/17.

Quarterly Commentary - Q1 2017


The Fund outperformed led by stock selection in industrials and technology.

We added to industrials and technology and reduced exposure to financials

In our view, stocks are not cheap, which increases their vulnerability to price shocks.


Tom Perkins

Tom Perkins

Fund Manager since 2008
Industry since 1970

Kevin Preloger

Kevin Preloger

Fund Manager since 2008
Industry since 1997