Perkins Select Value Fund (JVSAX)

Data as of 3/31/2014 unless otherwise noted

Fund Overview

Opportunistic all-cap value
  • Diversified portfolios of what we believe are high-quality, undervalued stocks
  • Disciplined valuation process measures downside risk before upside potential
  • All cap strategy with flexibility to invest based on market conditions and valuation

Performance

Inception: Dec 15, 2011
1 Year
3 Year
5 Year
10 Year
Since Fund Inception
Class A Shares @NAV
16.52% N/A N/A N/A 17.52%
@MOP
9.85% N/A N/A N/A 14.53%
Russell 3000® Value Index 21.65% 14.63% 21.88% 7.62% 25.13%

* Information Regarding Sales Charge Reductions and Waivers >

Returns quoted are past performance and do not guarantee future results; current performance may be lower or higher. Investment returns and principal value will vary; there may be a gain or loss when shares are sold.


Performance shown for Class A Shares at Maximum Offering Price (MOP) includes the Fund's maximum sales charge of 5.75%. Performance shown at Net Asset Value (NAV) does not include this sales charge and would have been lower had this sales charge been taken into account.


Returns quoted reflect the expense waiver, if any, Janus Capital has contractually agreed to through 11/1/14.


Net expense ratios reflect the expense waiver, if any, Janus Capital has contractually agreed to through 11/1/14.


Returns greater than one year are annualized.


Morningstar Style Box™ (As of 3/31/2014)

Equity Style

Mid Blend

Portfolio Analysis

Top Holdings

% of Fund

View All Holdings (PDF)

Irish Continental Group PLC 3.51%
Casey's General Stores, Inc. 3.46%
Baxter International, Inc. 3.42%
Merck & Co., Inc. 2.97%
Abbott Laboratories 2.91%
OceanFirst Financial Corp. 2.67%
Laboratory Corp. of America Holdings 2.28%
Plains All American Pipeline L.P. 2.24%
Occidental Petroleum Corp. 2.22%
Stryker Corp. 1.99%
TOTAL 27.67%

Asset Allocation

% of Fund
Asset Allocation Chart
US Common Stock 75.22%
Non-US Common Stock 15.38%
Cash & Equivalents 9.40%
Total 100.00%

Sector Allocation

Health Care
26.86%
Industrials
16.89%
Financials
14.86%
Information Technology
11.15%
Energy
10.29%
Consumer Staples
4.84%
Consumer Discretionary
2.50%
Materials
1.71%
Telecommunication Services
0.95%
Utilities
0.55%
Cash & Equivalents
9.40%
Total
100.00%
Email, Facebook, Twitter, LinkedIn

Fund update:

Order Perkins Select Value Fund Literature Here!

To order our Fact Sheet or Commentary on the Perkins Select Value Fund, click above.

Management

Robert H. Perkins | Alec Perkins

Robert H. Perkins

Joined Perkins 1980
Tenure on fund: Since 2011

Read More about Robert H. Perkins

Alec Perkins
Alec Perkins

Joined Perkins 2002
Tenure on fund: Since 2013

Read More about Alec Perkins

Analysis Tools powered by Morningstar™

Morningstar

Overall Morningstar Rating™

Morningstar does not currently rate this share class

View detailed Morningstar ratings

Ratings are based on risk-adjusted returns. The Overall Morningstar Rating™ for a fund is derived from a weighted average of the performance figures associated with its three-, five- and ten-year (if applicable) Morningstar Rating™ metrics.


As of 3/31/2014

Fund Facts 

CUSIP 47103E239
Inception 12/15/2011
Total Net Assets (as of 03/31/2014) $ 86.0M
Total Number of Equity Issues 68
Total Number of Debt Issues 0
Weighted Average Market Capitalization ($ billion) $ 29.17
Portfolio Turnover Rate 69.66%
Annual Expense Ratios (as of fiscal year-end 06/30/2013)
Gross 1.33%
Net 1.14%
Alpha (3-Year-Fund) N/A
Beta (3-Year-Fund) N/A
R-Squared (3-Year-Fund) N/A
Sharpe Ratio (3-Year - Fund) N/A
Sharpe Ratio (3-Year - Russell 3000 Value Index) 1.09
Standard Deviation (3-Year - Fund) N/A
Standard Deviation (3-Year - Russell 3000 Value Index) 13.42

Please consider the charges, risks, expenses and investment objectives carefully before investing. Please see a prospectus, or if available, a summary prospectus containing this and other information. Read it carefully before you invest or send money.


Returns include reinvestment of dividends and capital gains.


The expense ratios shown reflect estimated annualized expenses that the Fund expects to incur during its initial fiscal year.


A Fund's performance may be affected by risks that include those associated with nondiversification, non-investment grade debt securities, high-yield/high-risk securities, undervalued or overlooked companies, investments in specific industries or countries and potential conflicts of interest. Additional risks to a Fund may also include, but are not limited to, those associated with investing in foreign securities, emerging markets, initial public offerings, real estate investment trusts (REITs), derivatives, short sales, commodity-linked investments, and companies with relatively small market capitalizations. Each Fund has different risks. Please see a Janus prospectus for more information about risks, Fund holdings and other details.


Ratings and/or rankings may be based, in part, on the performance of a predecessor fund or share class and are calculated by Morningstar using a performance calculation methodology that differs from that used by Janus. Differences in the methodologies may lead to variances in calculating total performance returns, in some cases this variance may be significant, thereby potentially affecting the rating/ranking of the Fund[s]. The rating/rankings are displayed for informational purposes only and should not be relied upon when making investment decisions.


©2014 Morningstar, Inc. All Rights Reserved.


When an expense waiver is in effect, it may have a material effect on the total return or yield, and therefore the ranking and/or rating for the period.


For each fund with at least a three-year history, Morningstar calculates a Morningstar Rating™ based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a fund's monthly performance (including the effects of sales charges, loads, and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. The top 10% of the funds in each category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars and the bottom 10% receive 1 star. The Morningstar Rating™ may differ among share classes of a mutual fund as a result of different sales loads and/or expense structures. It may be based, in part, on the performance of a predecessor Fund.


Ratings and Rankings are for the share class shown only; other classes may have different performance characteristics.


The Morningstar Style BoxTM reveals a fund's investment strategy. For equity funds the vertical axis shows the market capitalization of the stocks owned and the horizontal axis shows investment style (value, blend or growth).


A Fund's portfolio may differ significantly from the securities held in the index. The index is unmanaged and not available for direct investment; therefore its performance does not reflect the expenses associated with the active management of an actual portfolio.


Perkins Investment Management LLC is an indirect subsidiary of Janus Capital Group Inc. and serves as the sub-adviser on certain products.


Janus Distributors LLC


Janus International Holding LLC © 2001-2014. All rights reserved.