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Janus Henderson VIT Mid Cap Value Instl  JAMVX
Release date as of 2022-05-31. Data on page is subject to change.
Snapshot Ratings & Risk Portfolio Nuts & Bolts
  Morningstar Report
Overall Morningstar
Rating™
What is this?
As of 2022-05-31
Out of 393
Mid-Cap Value Funds
Morningstar®
Style Box™
What is this?
As of 2022-03-31
Total Fund Assets ($ Mil)
124.94
View Historical Morningstar Star Ratings and Definitions
  Investment Objective & Strategy  
The investment seeks capital appreciation.
The Portfolio pursues its investment objective by investing primarily in the common stocks of mid-sized companies whose stock prices are believed to be undervalued by the portfolio managers. It invests, under normal circumstances, at least 80% of its net assets in equity securities of companies whose market capitalization falls, at the time of purchase, within the capitalization range of the Russell Midcap® Value Index. The Portfolio may invest up to 20% of its net assets in securities of companies having market capitalizations outside of the aforementioned market capitalization ranges.
  Morningstar Category: Mid-Cap Value
Some mid-cap value portfolios focus on medium-size companies while others land here because they own a mix of small-, mid-, and large-cap stocks. All look for U.S. stocks that are less expensive or growing more slowly than the market. Stocks in the middle 20% of the capitalization of the U.S. equity market are defined as mid-cap. Value is defined based on low valuations (low price ratios and high dividend yields) and slow growth (low growth rates for earnings, sales, book value, and cash flow). 
  Investment Risks
Mid Cap Funds: The securities of companies with market capitalizations below $10 billion may be more volatile and less liquid than the securities of larger companies.
  Portfolio Profile
Asset Allocation
% of Net Assets
Bullet U.S. Stocks U.S. Stocks 94.3
Bullet Non-U.S. Stocks Non-U.S. Stocks 3.0
Bullet Bonds Bonds 0.0
Bullet Cash Cash 2.8
Bullet Other Other 0.0
Asset Allocation Rescaled Graph
Data through 2022-03-31
Morningstar Equity Sectors
% of Stocks
Cyclical 42.94
Basic Materials 7.93
Consumer Cyclical 11.48
Financial Services 14.97
Real Estate 8.56
Sensitive 38.91
Communication Services 5.34
Energy 6.25
Industrials 17.02
Technology 10.30
Defensive 18.14
Consumer Defensive 1.95
Healthcare 11.02
Utilities 5.17
Data through 2022-03-31
Holding Status
Total Number of Stock Holdings 77
Total Number of Bond Holdings 0
% of Net Assets in Top 10 Holdings 21.73
Turnover % (as of 2021-12-31) 63.00
30 Day SEC Yield % 0.00
Top Holdings
Sector P/E % of Net
Assets
RenaissanceRe Holdings Ltd --- 2.54
Laboratory Corp of America Holdings 11.32 2.46
Coterra Energy Inc Ordinary Shares 12.62 2.34
Equity Lifestyle Properties Inc --- 2.25
Alliant Energy Corp 23.46 2.19
Casey's General Stores Inc 24.37 2.07
The Hartford Financial Services Group Inc 10.00 2.01
Baker Hughes Co Class A 85.67 2.01
Envista Holdings Corp Ordinary Shares 28.32 1.96
State Street Corporation 9.81 1.90
Data through 2022-03-31
  Principal Risks   
Foreign Securities, Long-Term Outlook and Projections, Loss of Money, Not FDIC Insured, Value Investing, Active Management, Market/Market Volatility, Equity Securities, IPO, Cash Drag, Mid-Cap, Real Estate/REIT Sector
Show Risk Definitions
  Other Information
Inception Date: 2003-05-01
Portfolio Manager(s)
Kevin Preloger   (2013-04-30)
Kevin Preloger is Co-Portfolio Manager of Janus Henderson. He was a Portfolio Manager at Perkins. He joined Perkins in 2002 as a research analyst covering the financial services sector. He was named co-portfolio manager of the Large Cap Value strategy in 2006 and became sole portfolio manager in 2018. He was named co-portfolio manager of the Mid Cap Value strategy in 2013 and the SMID Cap Value strategy in 2017. Prior to joining Perkins, he worked as an analyst at ABN AMRO/LaSalle Bank Wealth Management and covered the financial services and technology sectors during his five-year tenure at the firm. Mr. Preloger received his bachelor of arts degree in economics from Northwestern University.
Justin Tugman   (2015-03-19)
Justin Tugman, CFA, is a Co-Portfolio Manager of Janus Henderson. Mr. Tugman joined Perkins, an affiliate of Janus Capital, in June 2004. Mr. Tugman has co-managed the Small Cap Value strategy since 2009, the Mid Cap Value strategy since 2015 and the SMID Cap Value strategy since 2017. Mr. Tugman served as a research analyst through 2012, covering the energy and utility sectors upon joining Perkins in 2004. Prior to joining Perkins, he worked at Simmons & Company International as an analyst covering the energy sector during his four-year tenure at the firm. Mr. Tugman received his bachelor of science degree in finance from the University of Wyoming and an MBA with a concentration in finance from Tulane University. He holds the Chartered Financial Analyst designation.
Investment Advisor(s)
Janus Henderson Investors US LLC
Issuer
Janus Henderson
Subadvisor(s)
---
Show Data Definitions

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