Janus Henderson Contrarian Fund (JCNAX)
| Fund Assets | 5.18B |
| Expense Ratio | 0.90% |
| Min. Investment | $2,500 |
| Turnover | 52.00% |
| Dividend (ttm) | 2.92 |
| Dividend Yield | 8.56% |
| Dividend Growth | -6.31% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 5, 2025 |
| Previous Close | 32.55 |
| YTD Return | 20.92% |
| 1-Year Return | 23.84% |
| 5-Year Return | 47.41% |
| 52-Week Low | 24.23 |
| 52-Week High | 33.32 |
| Beta (5Y) | 1.18 |
| Holdings | 41 |
| Inception Date | Jul 6, 2009 |
About JCNAX
The Janus Henderson Contrarian Fund Class A is a mutual fund focused on achieving long-term capital growth. It predominantly invests at least 80% of its net assets in equity securities, with flexibility to choose companies of any size, spanning from large established businesses to small emerging growth firms. The fund follows a contrarian investment strategy, seeking opportunities in companies where the market underestimates their business models, possesses undervalued assets, or overlooks their growth potential. This approach often leads it to invest in stocks trading at a significant discount to the manager’s estimate of intrinsic value, aiming to capitalize as these values are realized over time. The fund’s concentrated portfolio allows for high-conviction positions and is actively managed without strict adherence to sector weightings, offering the potential for differentiated exposure across various U.S. industries. Established in 2009 and managed by Janus Henderson, the fund plays a distinctive role in the market by identifying misunderstood or out-of-favor companies, contributing to market efficiency and diversification for its investors.
Performance
JCNAX had a total return of 23.84% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.08%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
45.48% of assets| Name | Symbol | Weight |
|---|---|---|
| Taiwan Semiconductor Manufacturing Company Limited | TSM | 5.74% |
| Amazon.com, Inc. | AMZN | 5.41% |
| Oracle Corporation | ORCL | 4.73% |
| Marvell Technology, Inc. | MRVL | 4.45% |
| Capital One Financial Corporation | COF | 4.42% |
| The PNC Financial Services Group, Inc. | PNC | 4.41% |
| Nebius Group N.V. | NBIS | 4.39% |
| Lumentum Holdings Inc. | LITE | 4.20% |
| Janus Henderson Cash Liquidity Fund Llc | n/a | 3.93% |
| Howmet Aerospace Inc. | HWM | 3.80% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 5, 2025 | $2.92441 | Dec 5, 2025 |
| Dec 6, 2024 | $3.12128 | Dec 6, 2024 |
| Dec 7, 2023 | $1.78913 | Dec 7, 2023 |
| Dec 20, 2022 | $0.06167 | Dec 20, 2022 |
| Dec 20, 2021 | $2.7929 | Dec 20, 2021 |
| Dec 17, 2020 | $0.40925 | Dec 17, 2020 |