Janus Enterprise Fund (JANEX)
Moderate Mid-Cap Growth Equities

FUND SNAPSHOT (JANEX)

Who Should Consider This Fund?

Investors looking to invest in the stocks of medium-sized companies that have the potential for sustainable long-term growth, but want to do so with moderately less risk than the market.

Asset ClassDomestic Equity
Share Class D
RISK TOLERANCE SPECTRUM
target risk aggressive

Funds are placed on the risk tolerance spectrum to demonstrate the wide spectrum of risk levels among asset classes in which they are expected to typically invest. The spectrum is for informational purposes only, is not intended to be forward looking and is subject to change. 

Fund Facts
Inception Date9/1/1992
NAV (As of 1/20/17)$97.63
Daily NAV Change$0.32
Daily NAV % Change0.33%
Total Net Assets (As of 12/31/16)$11.03B
Annual Expense Ratio
(As of fiscal year end 9/30/15)
GROSS 0.84%
NET 0.84%

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

Morningstar (As of 12/31/16)
CategoryUS Fund Mid-Cap Growth
Overall Rating™
(Based on risk-adjusted returns)
588 Funds Rated
View all Ratings
Analyst Rating
Equity
Style Box
Performance (As of 12/31/16)
YTD (As of 1/20/17) 3.01%
1 Year 11.99%
3 Year 9.05%
5 Year 14.82%
10 Year 9.34%

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.

Client Commitment

By taking a moderate approach to an asset class with potential for fast growth, this mid-cap growth fund has demonstrated lower volatility than the index. Unlike many competitor products that focus on short-term growth rates, this strategy seeks to invest in companies exhibiting sustainable and durable growth.

Client Commitment Video

Fund Overview

CALENDAR YEAR PERFORMANCE
Data as of 12/31/16. Index represents the Russell Midcap® Growth Index.

TOP HOLDINGS (% of Fund)

TD Ameritrade Holding Corp 2.58
Lamar Advertising Co 2.52
Sensata Technologies Holding NV 2.44
Crown Castle International Corp 2.09
TE Connectivity Ltd 2.08
Verisk Analytics Inc 1.85
Quintiles IMS Holdings Inc 1.82
WEX Inc 1.81
Boston Scientific Corp 1.78
Sealed Air Corp 1.78
TOTAL20.75

SECTOR ALLOCATION (%)

 FUNDINDEX
Information Technology 32.14 21.92
Health Care 17.43 14.97
Industrials 17.23 14.91
Consumer Discretionary 10.28 23.61
Financials 7.14 5.45
Real Estate 4.60 4.72
Materials 2.09 5.21
Energy 0.83 1.44
Cash & Equivalents 8.26 -

Why Invest in the Fund

"SMART GROWTH" APPROACH

The Fund's investment approach focuses on long duration, sustainable growth companies with strong competitive advantages and large addressable markets. We seek to avoid companies with rapid-but-unsustainable, short-term growth profiles.

DEEP, SPECIALIZED TEAM

The Fund benefits from in-depth fundamental research, supported by a broad team of analysts, a team of small-mid cap specialists, and a portfolio manager with experience in the mid-cap space.

GROWTH POTENTIAL WITH TEMPERED VOLATILITY

Offering exposure to medium-sized companies with resilient business models, this equity fund is designed to weather a variety of market environments and take on moderately less risk than the index.

FUND MANAGEMENT

Brian Demain, CFA

Brian Demain, CFA

Fund Manager since 2007
Industry since 1999

Philip Cody Wheaton

Philip Cody Wheaton, CFA

Fund Manager since 2016
Industry since 2001