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


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
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 4/27/17)$13.54
Daily NAV Change$-0.02
Daily NAV % Change-0.15%
Total Net Assets (As of 3/31/17)$109.11M
Annual Expense Ratio
(As of fiscal year end 6/30/16)
GROSS 1.00%
NET 0.77%
Morningstar Fee Level
(As of 3/31/17)
Fee Level Group
(out of 359 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 3/31/17)
CategoryUS Fund Mid-Cap Blend
Overall Rating™
(Based on risk-adjusted returns)
377 Funds Rated
View all Ratings
Style Box
Performance (As of 3/31/17)
YTD (As of 4/27/17) 4.07%
1 Year 21.24%
3 Year 8.86%
5 Year 10.54%
Since Inception 12.63%

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

Data as of 3/31/17. Index represents the Russell 3000® Value Index.

TOP HOLDINGS (% of Fund)

Alphabet Inc 4.66
Pfizer Inc 4.08
Cedar Fair LP 4.04
Equity LifeStyle Properties Inc 3.88
Johnson & Johnson 3.42
Wells Fargo & Co 3.06
Laboratory Corp of America Holdings 2.63
OceanFirst Financial Corp 2.58
Citizens Financial Group Inc 2.53
Synopsys Inc 2.38


Health Care 19.83 10.35
Financials 16.92 26.97
Industrials 13.10 10.36
Information Technology 12.23 10.03
Real Estate 11.27 5.06
Energy 8.81 11.64
Consumer Discretionary 5.50 4.91
Consumer Staples 3.29 8.01
Materials 1.41 3.07
Utilities 0.61 6.24
Cash & Equivalents 7.03 -

Why Invest in the Fund


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.


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.


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.


Alec Perkins

Alec Perkins

Fund Manager since 2013
Industry since 2002

Bob Perkins

Robert Perkins

Fund Manager since 2011
Industry since 1966