Description

The Janus Henderson Small Cap Value Fund primarily seeks its investment objective by focusing on the common stocks of smaller companies that its portfolio managers deem to be undervalued. Typically, at least 80% of the fund's total net assets (plus any capital borrowed for investment) are committed to equity securities of such small companies. For this fund, a 'small company' is characterized by a market capitalization, at the moment of purchase, that falls below the trailing 12-month average of the largest market capitalizations represented in the Russell 2000® Value Index. Up to 20% of the fund's net assets may also be held in cash or equivalent liquid instruments.