Please ensure Javascript is enabled for purposes of website accessibility Triton Fund - Janus Henderson Investors
For Financial Professionals in the US

JSMGX Triton Fund

Our in-depth fundamental research strategy seeks differentiated small-cap companies with the potential to quickly grow into mid-size companies.

NAV
$26.27
As of 04/22/2024

1-Day Change
$0.20 (0.77%)
As of 04/22/2024

Morningstar Rating

As of 03/31/2024

Morningstar Medalist Rating ™

Silver Morningstar Analyst Rating
As of 01/11/2024

Overview

ABOUT THIS FUND

A moderately positioned, small-mid-cap growth fund seeking to provide consistent relative returns with lower volatility than the index. The Fund invests in small-cap companies with differentiated business models and sustainable competitive advantages that are positioned to grow market share regardless of economic conditions.

WHY INVEST IN THIS FUND

Unique Business Models
Seeks small-cap companies that stand out from competitors – through differentiated business models, innovative approaches or unique products or services – that are using their competitive advantages to grow over a multi-year time frame.

Deep, Specialized Team
In-depth fundamental research supported by a team of analysts, a team of small mid-cap specialists and a portfolio management team with experience looking for small-cap companies early in their life cycle that have the potential to grow into mid-size companies.

Moderate Approach to Growth
The Fund offers the potential for capital appreciation through exposure to small companies having the potential to quickly grow into mid-size companies with a focus on resilient business models positioned to weather a variety of market environments.

Strong Risk-Adjusted Performance vs. Peers

10-Year Rankings in Morningstar Small Growth Category (525 funds) as of 03/31/24

Chart: Janus Henderson Triton Fund 10-Year Rankings in Morningstar Small Growth Category (525 funds) as of 03/31/24

Triton Fund 3-Year rankings in Morningstar Small Growth Category as of 03/31/24: Alpha – 45th percentile ranked 236 of 569 funds, Sharpe Ratio – 46th percentile ranked 237 of 569 funds, Standard Deviation – 90th percentile ranked 514 of 569 funds and Beta – 89th percentile ranked 503 of 569 funds.

PORTFOLIO MANAGEMENT

Jonathan Coleman, CFA

Portfolio Manager

Industry since 1994. Joined Firm in 1994.

Scott Stutzman, CFA

Portfolio Manager | Research Analyst

Industry since 2001. Joined Firm in 2007.

Aaron Schaechterle

Portfolio Manager | Research Analyst

Industry since 2006. Joined Firm in 2022.

Performance

RETURNS (%) (As of 03/31/2024)
Triton Fund - I Shares Russell 2500TM Growth Index Russell 2000® Growth Index
 
3M YTD 1YR 3YR 5YR 10YR Since Inception
(02/25/2005)
Triton Fund - I Shares 6.28 6.28 14.48 -0.29 6.96 9.51 11.33
Russell 2500TM Growth Index 8.51 8.51 21.12 -0.81 9.39 9.55 9.66
Russell 2000® Growth Index 7.58 7.58 20.35 -2.68 7.38 7.89 8.49
RETURNS (%) (As of 03/31/2024)
Triton Fund - I Shares Russell 2500TM Growth Index Russell 2000® Growth Index
 
3M YTD 1YR 3YR 5YR 10YR Since Inception
(02/25/2005)
Triton Fund - I Shares 6.28 6.28 14.48 -0.29 6.96 9.51 11.33
Russell 2500TM Growth Index 8.51 8.51 21.12 -0.81 9.39 9.55 9.66
Russell 2000® Growth Index 7.58 7.58 20.35 -2.68 7.38 7.89 8.49
Calendar Year Returns (%)
Triton Fund - I Shares Russell 2500TM Growth Index
2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Triton Fund - I Shares 14.62 -23.63 7.10 28.54 28.45 -5.13 27.07 10.59 1.35 9.58
Russell 2500TM Growth Index 18.93 -26.21 5.04 40.47 32.65 -7.47 24.46 9.73 -0.19 7.05

MORNINGSTAR PERCENTILE

(As Of 03/31/2024)
1 YR 3 YR 5 YR 10 YR SINCE INCEPTION
Percentile Ranking 73 42 79 32 2
Small Growth | Rank/Count 422/582 211/566 413/549 157/521 8/417
(As Of 03/31/2024)
1 YR 3 YR 5 YR 10 YR SINCE INCEPTION
Percentile Ranking 73 42 79 32 2
Small Growth | Rank / Count 422/582 211/566 413/549 157/521 8/417

GROWTH OF A HYPOTHETICAL INVESTMENT

Triton Fund - I Shares Russell 2500TM Growth Index Small Growth

RETURNS-BASED STATISTICS (As of 03/31/2024 Class I Shares)

RISK / REWARD
VS. Russell 2500 Growth TR USD
3YR 5YR
Information Ratio 0.09 -0.41
Alpha -0.10 -1.84
Tracking Error 5.54 5.48
Beta 0.87 0.94
R-squared (%) 94.21 94.45
UP/DOWN MARKET CAPTURE (%)
VS. Russell 2500 Growth TR USD
3YR 5YR
Up Capture Ratio 88.76 86.34
Down Capture Ratio 92.37 95.89
STANDARD DEVIATION 3YR 5YR
Triton Fund 19.36 22.20
Russell 2500 Growth TR USD 21.64 23.00
SHARPE RATIO 3YR 5YR
Triton Fund -0.15 0.22
Russell 2500 Growth TR USD -0.16 0.31
ANNUAL FEES & EXPENSES (As of the most recent prospectus)
CLASS I SHARES
Management Fees 0.64%
Other Expenses 0.13%
Total Gross Expenses 0.77%
Waivers 0.00%
Total Net Expenses 0.77%

Portfolio

Index represents the Russell 2500™ Growth Index.

Top Holdings (As of 03/31/2024)
% of Fund
SS&C Technologies Holdings Inc 2.29
Rentokil Initial PLC (ADR) 2.02
Blackbaud Inc 2.00
WEX Inc 1.85
Teledyne Technologies Inc 1.83
Alight Inc 1.78
Broadridge Financial Solutions Inc 1.71
OSI Systems Inc 1.67
Cboe Global Markets Inc 1.66
LPL Financial Holdings Inc 1.59
TOTAL 18.40
View full holdings
Portfolio Characteristics (As of 03/31/2024)
  FUND INDEX
Number of Holdings
Equity Issues
123 1256
Market Capitalization
Weighted Average
$8.75B $8.01B
Portfolio Turnover Rate
(1-year trailing)
20.27% -
Price/Earnings Ratio
(1-year forward)
18.47 21.17
Price/Book Ratio
3.27 4.93
Earnings Growth Rate
(1-year forward)
13.83% 19.37%
Sector Allocation % OF FUND % of Index % OF FUND % of Index (As of 03/31/2024)
Regional Allocation % OF FUND % of Index % OF FUND % of Index (As of 03/31/2024)
Market Capitalization Range of Equity Holdings % OF FUND % of Index % OF FUND % of Index (As of 03/31/2024)
Developed vs Emerging Markets % OF FUND % of Index % OF FUND % of Index (As of 03/31/2024)

Documents