Janus Henderson Venture D (JANVX) shows potential as a strong mutual fund pick despite mixed performance metrics
So, what’s the deal with JANVX? It’s part of the Small Cap Growth category, which usually focuses on stocks with big growth potential and a market cap under $2 billion. You’ll find a lot of small companies in emerging industries here.
This fund has been around since April 1985 and has over $1.79 billion in assets. Managed by a team of investment pros, it’s based in Boston, MA. Investors are always looking for strong performance, and while JANVX has a 5-year annualized return of 7.31%, it’s actually in the bottom third compared to its peers. If you look at the 3-year return, it’s just 0.13%, putting it in the middle third.
Keep in mind that the fund’s returns might not show all its expenses. If there are any fees not included, they could lower the returns. Also, the standard deviation of returns is something to watch. JANVX has a standard deviation of 21.48% over the last three years, which is higher than the category average of 15.51%. This means it’s been more volatile than its peers.
Speaking of volatility, the fund has a 5-year beta of 1.11, indicating it’s more volatile than the overall market. Its alpha is -6.74, suggesting the managers have struggled to pick stocks that beat the benchmark, which is the S&P 500.
When you look at the fund’s holdings, it’s mostly invested in U.S. stocks, with 81.13% in equities averaging a market cap of $7.20 billion. The biggest sectors it’s invested in are Technology, Health, and Industrial Cyclical. The fund has a turnover rate of about 18%, meaning the managers aren’t trading a lot compared to others.
Now, let’s talk expenses. JANVX is a no-load fund with an expense ratio of 0.79%, which is lower than the category average of 0.98%. It requires a minimum initial investment of $2,500, with subsequent investments needing to be at least $50.
In summary, even though JANVX has had some ups and downs, its low fees and strong Zacks Mutual Fund rank make it a solid option for investors right now. If you’re curious to learn more about JANVX and other funds, check out Zacks.com for more info. And if you’re into stocks, don’t forget to look at their Zacks Rank and tools for both new and seasoned investors.
