Janus Henderson Research Fund Class A (JRAAX)

Fund Assets	27.66B
Expense Ratio	0.86%
Min. Investment	$2,500
Turnover	33.00%
Dividend (ttm)	10.72
Dividend Yield	12.09%
Dividend Growth	147.31%
Payout Frequency	Annual
Ex-Dividend Date	Dec 5, 2025

Previous Close	83.54
YTD Return	-11.43%
1-Year Return	8.06%
5-Year Return	69.11%
52-Week Low	64.34
52-Week High	97.45
Beta (5Y)	n/a
Holdings	80
Inception Date	Jul 6, 2009

About JRAAX

Janus Henderson Research Fund Class A is a mutual fund focused on long-term capital appreciation through investments primarily in common stocks with strong growth potential. As part of the large growth category, the fund targets shares of large U.S. companies expected to outpace the broader market in revenue and earnings expansion. Its portfolio is concentrated in prominent technology and communication services firms, with significant positions in companies like NVIDIA, Microsoft, Apple, Meta Platforms, Amazon, and Alphabet. This emphasis on major growth-oriented sectors reflects the fund’s approach to capturing innovation-driven market trends. The fund maintains a relatively concentrated portfolio, with nearly 58% of assets allocated to its top ten holdings, highlighting its conviction in select market leaders. Managed by Janus Henderson, the fund features an expense ratio below the category average and employs a front-end load fee structure. It is designed for investors seeking exposure to high-growth U.S. equities, aiming to benefit from the sustained expansion of industry leaders within the large-cap growth space.

• Fund Family: Janus Henderson
• Category: Large Growth
• Performance Rating: Above Average
• Risk Rating: Average
• Stock Exchange: NASDAQ
• Ticker Symbol: JRAAX
• Share Class: Class A
• Index: Russell 1000 Growth TR

Performance

JRAAX had a total return of 8.06% in the past year, including dividends. Since the fund's inception, the average annual return has been 20.67%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

Symbol	Provider	Name	Expense Ratio
FBCGX	Fidelity	Fidelity Blue Chip Growth K6 Fund	0.46%
FHOFX	Fidelity	Fidelity Series Large Cap Growth Index Fund	n/a
LGILX	Schwab	Schwab Select Large Cap Growth Fund	0.75%
FBGRX	Fidelity	Fidelity Blue Chip Growth Fund	0.69%
FBGKX	Fidelity	Fidelity Blue Chip Growth Fund - Class K	0.59%

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
JRANX	Class N	0.55%
JRAIX	Class I	0.64%
JNRFX	Class D	0.67%
JAMRX	Class T	0.79%

Top 10 Holdings

59.83% of assets

Name	Symbol	Weight
NVIDIA Corporation	NVDA	14.08%
Microsoft Corporation	MSFT	10.87%
Alphabet Inc.	GOOG	6.64%
Apple Inc.	AAPL	6.27%
Broadcom Inc.	AVGO	5.92%
Amazon.com, Inc.	AMZN	4.81%
Meta Platforms, Inc.	META	3.81%
Eli Lilly and Company	LLY	3.16%
Visa Inc.	V	2.30%
Mastercard Incorporated	MA	1.97%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 5, 2025	$10.71945	Dec 5, 2025
Dec 6, 2024	$4.33443	Dec 6, 2024
Dec 7, 2023	$1.8962	Dec 7, 2023
Dec 20, 2022	$0.11421	Dec 20, 2022
Dec 20, 2021	$8.85359	Dec 20, 2021
Dec 17, 2020	$1.83887	Dec 17, 2020