Janus Henderson Adaptive Risk Managed US Equity Fund - A Shares (JRSAX)

Fund Assets	628.65M
Expense Ratio	0.90%
Min. Investment	$2,500
Turnover	113.00%
Dividend (ttm)	1.21
Dividend Yield	8.54%
Dividend Growth	181.65%
Payout Frequency	Annual
Ex-Dividend Date	Dec 9, 2025

Previous Close	13.31
YTD Return	9.26%
1-Year Return	16.54%
5-Year Return	55.91%
52-Week Low	11.29
52-Week High	13.47
Beta (5Y)	0.89
Holdings	83
Inception Date	Dec 30, 2005

About JRSAX

Janus Henderson Adaptive Risk Managed US Equity Fund - A Shares is an actively managed mutual fund designed to deliver long-term capital growth while emphasizing risk management. The fund primarily invests at least 80% of its assets in U.S. equity securities, seeking exposure to a broad cross-section of large-cap companies. Its distinctive feature lies in the systematic, quantitative approach that incorporates options market data to assess and adapt to shifting investor expectations and market conditions. This methodology aims to generate competitive returns with lower volatility, targeting a risk profile that may be up to 40% below that of broad market indices like the Russell 1000. The portfolio typically features prominent names from sectors such as technology, healthcare, financial services, and consumer goods. By employing adaptive risk strategies, the fund seeks to preserve capital during downturns and participate in market upswings, making it a notable choice among diversified U.S. equity mutual funds focused on managing volatility and capital preservation.

• Fund Family: Janus Henderson
• Category: Large Blend
• Performance Rating: Below Average
• Risk Rating: Below Average
• Stock Exchange: NASDAQ
• Ticker Symbol: JRSAX
• Share Class: Class A
• Index: Russell 1000 TR USD

Performance

JRSAX had a total return of 16.54% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.06%.

Equivalent Funds

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

Symbol	Provider	Name	Expense Ratio
VTCLX	Vanguard	Vanguard Tax-Managed Capital Appreciation Fund Admiral Shares	0.05%

Other Share Classes

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

Symbol	Share Class	Expense Ratio
JRSNX	Class N	0.58%
JRSIX	Class I	0.65%
JRSDX	Class D	0.70%
JRSTX	Class T	0.82%

Top 10 Holdings

45.14% of assets

Name	Symbol	Weight
NVIDIA Corporation	NVDA	7.97%
Alphabet Inc.	GOOGL	7.87%
Apple Inc.	AAPL	6.67%
Microsoft Corporation	MSFT	4.90%
Amazon.com, Inc.	AMZN	4.25%
JPMorgan Chase & Co.	JPM	3.27%
Walmart Inc.	WMT	2.91%
Broadcom Inc.	AVGO	2.80%
Berkshire Hathaway Inc.	BRK.B	2.40%
Bank of America Corporation	BAC	2.11%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 9, 2025	$1.20584	Dec 9, 2025
Dec 10, 2024	$0.42813	Dec 10, 2024
Dec 11, 2023	$0.3604	Dec 11, 2023
Dec 22, 2022	$0.21493	Dec 22, 2022
Dec 22, 2021	$3.15527	Dec 22, 2021
Dec 21, 2020	$1.48757	Dec 21, 2020

Data Sources: Tiingo, Financial Modeling Prep, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Financial Modeling Prep. Several fund data points are also provided by Finnhub.

Last checked:

Aug 7, 2026

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