Janus Henderson Mid Cap Value Fund (JMIVX)
Janus Henderson Mid Cap Value Fund operates in the Asset Management industry of the Financial Services sector. The stock last traded at $16.51, down 1.14% on the session, giving a market capitalisation of $3.68B. Its beta of 0.87 implies it has historically moved less than the broad market.
The Janus Henderson Mid Cap Value Fund primarily concentrates its investments on the equity shares of medium-sized businesses that its investment team identifies as undervalued. A fundamental rule of the fund is to commit a minimum of 80% of its net holdings (plus any capital borrowed for investment) to stocks of companies whose market value, when purchased, aligns with the capitalization scope of the Russell Midcap® Value Index. Additionally, under typical market conditions, the fund may allocate up to one-fifth of its net assets to securities issued by companies with market capitalizations outside of these defined ranges.
Janus Henderson Mid Cap Value Fund is most often compared with the following Financial Services names: