Perkins Select Value Fund (JSVDX)
Defensive Opportunistic All-Cap Value Equities

FUND SNAPSHOT (JSVDX)

Who Should Consider This Fund?

Investors looking to gain exposure to undervalued companies of all sizes but who prefer a defensive approach focused on minimizing losses while still participating in up markets.

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

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 Date12/15/2011
NAV (As of 2/24/17)$13.62
Daily NAV Change$0.02
Daily NAV % Change0.15%
Total Net Assets (As of 1/31/17)$110.37M
Annual Expense Ratio
(As of fiscal year end 6/30/16)
GROSS 1.00%
NET 0.77%
Morningstar Fee Level
(As of 1/31/17)
Fee Level Group
(out of 349 funds)
Mid Cap No Load

Net expense ratios reflect the expense waiver, if any, Janus Capital has contractually agreed to through 11/1/17.

Morningstar (As of 1/31/17)
CategoryUS Fund Mid-Cap Blend
Overall Rating™
(Based on risk-adjusted returns)
379 Funds Rated
View all Ratings
Equity
Style Box
Performance (As of 12/31/16)
YTD (As of 2/24/17) 4.69%
1 Year 19.36%
3 Year 8.66%
5 Year 12.10%
Since Inception 12.50%

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

A defensive all-cap value fund that seeks to provide attractive returns over a full market cycle by mitigating losses in down markets while participating in up markets. The strategy has the flexibility to move between market caps based on the most attractive opportunities and, at times, may hold an increased position in cash.

Fund Overview

CALENDAR YEAR PERFORMANCE
Data as of 1/31/17. Index represents the Russell 3000® Value Index.

TOP HOLDINGS (% of Fund)

Pfizer Inc 3.16
Laboratory Corp of America Holdings 2.92
Compass Minerals International Inc 2.88
Citizens Financial Group Inc 2.79
Equity LifeStyle Properties Inc 2.68
OceanFirst Financial Corp 2.57
Johnson & Johnson 2.57
Casey's General Stores Inc 2.24
Check Point Software Technologies Ltd 2.24
Cedar Fair LP 2.15
TOTAL26.20

SECTOR ALLOCATION (%)

 FUNDINDEX
Health Care 18.32 9.90
Financials 15.04 27.11
Industrials 13.05 10.41
Real Estate 10.44 5.03
Energy 8.84 12.46
Information Technology 8.70 9.65
Consumer Discretionary 5.62 4.99
Materials 3.72 3.14
Consumer Staples 3.14 7.70
Utilities 0.57 6.09
Cash & Equivalents 12.56 -

Why Invest in the Fund

DEFENSIVE APPROACH

Our disciplined valuation process measures downside risk before upside potential and invests in companies with favorable reward/risk ratios. Cash may be used opportunistically depending on market conditions.

HIGH-QUALITY COMPANIES

The Fund focuses on high-quality companies across the market-cap spectrum that can withstand an economic downturn given their balance sheet strength, earnings stability and operating efficiency.

RESULTS WITH HISTORICALLY LESS VOLATILITY

Focused on mitigating losses in down market conditions while participating in up markets, the Fund is designed to compound strong returns over a full market cycle with lower volatility than the index.

FUND MANAGEMENT

Alec Perkins

Alec Perkins

Fund Manager since 2013
Industry since 2002

Bob Perkins

Robert Perkins

Fund Manager since 2011
Industry since 1966