Perkins Small Cap Value Fund (JSCVX)

Defensive Small-Cap Value Equities

SHARE CLASS

FUND FACTS (JSCVX)

Inception Date10/21/1987
NAV (As of 8/31/15 )$21.27
Total Net Assets (As of 7/31/15)$1.66B
Annual Expense Ratio
(As of fiscal year end 6/30/14)
GROSS 0.83%
NET 0.83%

Performance (As of 6/30/15)
1 Year4.85%
3 Year14.60%
5 Year12.17%
10 Year8.79%
Morningstar (As of 7/31/15)
CategorySmall Value
Overall Rating™
(Based on risk-adjusted returns)

View All Ratings

366 Funds Rated
Analyst Rating
Equity
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 11/1/15.

Quarterly Commentary - Q2 2015

EXECUTIVE SUMMARY

The Fund outperformed its benchmark, led by stock selection in financials, which benefited from rising interest rates.

The weighted average market cap declined further as we continue to find better values at the lower end of the small-cap range.

We reduced health care and consumer staples on strength and added to energy and industrials on weakness.

FUND MANAGEMENT

Bob Perkins

Robert Perkins

Fund Manager since 1987
Industry since 1966

Justin Tugman, CFA

Justin Tugman, CFA

Fund Manager since 2009
Industry since 2000

Tom Reynolds

Tom Reynolds

Fund Manager since 2013
Industry since 1999