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

JAIGX VIT Overseas Portfolio

Invests in select international companies across market-cap and style spectrum where we believe the market underestimates free-cash-flow growth

NAV
$44.24
As of 04/22/2024

1-Day Change
$0.58 (1.33%)
 As of 04/22/2024

YTD Return
5.16%
As of 04/22/2024

Morningstar Rating

As of 03/31/2024

Overview

ABOUT THIS PORTFOLIO

An international equity fund seeking to grow capital by investing with conviction in companies outside the U.S. where the portfolio managers believe the market underestimates free-cash-flow growth. The Fund considers both growth and value criteria as it seeks to deliver strong, risk-adjusted returns over the long term, regardless of prevailing market conditions.

WHY INVEST IN THIS PORTFOLIO

Flexible International All-Cap Equities

The portfolio managers have the flexibility to invest in 30 to 60 companies outside the U.S. and across the market cap and style spectrum where free-cash-flow growth is believed to be underestimated by the market. The portfolio managers search for both growing companies and attractive valuations.

Differentiated & Uncorrelated Insights

The intersection of independent viewpoints and differentiated perspectives between the portfolio managers and research analysts should lead to potentially greater and more consistent excess returns over time.

Exacting Portfolio Construction

Taking a prudent approach to portfolio construction and risk management, the portfolio managers aim to drive superior risk-adjusted returns over the full market cycle through stock selection in an effort to avoid persistent biases.

PORTFOLIO MANAGEMENT

Julian McManus

Julian McManus

Portfolio Manager

Industry since 1994. Joined Firm in 2004.

Christopher O'Malley, CFA

Christopher O'Malley, CFA

Co-Portfolio Manager | Research Analyst

Industry since 1998. Joined Firm in 2017.

Performance

RETURNS (%) (As of 03/31/2024)
VIT Overseas Portfolio Institutional Class MSCI All Country World ex USA IndexSM
 
3M YTD 1YR 3YR 5YR 10YR Since Inception
(05/02/1994)
VIT Overseas Portfolio Institutional Class 8.44 8.44 13.01 5.90 10.74 4.48 8.53
MSCI All Country World ex USA IndexSM 4.69 4.69 13.26 1.93 5.96 4.25
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.

Returns include reinvestment of dividends and capital gains. Returns greater than one year are annualized.

RETURNS (%) (As of 03/31/2024)
VIT Overseas Portfolio Institutional Class MSCI All Country World ex USA IndexSM
 
3M YTD 1YR 3YR 5YR 10YR Since Inception
(05/02/1994)
VIT Overseas Portfolio Institutional Class 8.44 8.44 13.01 5.90 10.74 4.48 8.53
MSCI All Country World ex USA IndexSM 4.69 4.69 13.26 1.93 5.96 4.25
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.

Returns include reinvestment of dividends and capital gains. Returns greater than one year are annualized.

Calendar Year Returns (%)
VIT Overseas Portfolio Institutional Class MSCI All Country World ex USA IndexSM
2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
VIT Overseas Portfolio Institutional Class 10.87 -8.60 13.58 16.30 27.02 -14.94 31.12 -6.45 -8.59 -11.87
MSCI All Country World ex USA IndexSM 15.62 -16.00 7.82 10.65 21.51 -14.20 27.19 4.50 -5.66 -3.87

MORNINGSTAR PERCENTILE

(As Of 03/31/2024)
1 YR 3 YR 5 YR 10 YR SINCE INCEPTION
Percentile Ranking 61 8 3 53 4
Foreign Large Blend | Rank/Count 406/749 50/707 17/672 264/528 4/109
(As Of 03/31/2024)
1 YR 3 YR 5 YR 10 YR SINCE INCEPTION
Percentile Ranking 61 8 3 53 4
Foreign Large Blend | Rank / Count 406/749 50/707 17/672 264/528 4/109

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

RISK / REWARD
VS. MSCI ACWI Ex USA NR Index		 3YR 5YR
Information Ratio 0.81 0.90
Alpha 4.04 4.34
Tracking Error 4.79 4.98
Beta 1.05 1.09
R-squared (%) 92.47 94.02
UP/DOWN MARKET CAPTURE (%)
VS. MSCI ACWI Ex USA NR Index		 3YR 5YR
Up Capture Ratio 119.35 124.50
Down Capture Ratio 99.24 102.46
STANDARD DEVIATION 3YR 5YR
Overseas Portfolio 17.92 19.74
MSCI ACWI Ex USA NR Index 16.42 17.58
SHARPE RATIO 3YR 5YR
Overseas Portfolio 0.17 0.43
MSCI ACWI Ex USA NR Index -0.05 0.22
ANNUAL FEES & EXPENSES (As of the most recent prospectus)
INSTITUTIONAL SHARES
Management Fees 0.79%
Other Expenses 0.10%
Total Gross Expenses 0.89%
Total Net Expenses 0.89%

Portfolio

Index represents the MSCI All Country World ex-U.S. Index℠.

Top Holdings (As of 03/31/2024)
% of Portfolio
Taiwan Semiconductor Manufacturing Co Ltd 5.91
BAE Systems PLC 5.05
Teck Resources Ltd 4.41
BNP Paribas SA 4.34
ASML Holding NV 3.74
Samsonite International SA 3.60
Dai-ichi Life Holdings Inc 3.55
Deutsche Telekom AG 3.38
Canadian Natural Resources Ltd 3.24
Liberty Media Corp-Liberty Formula One 3.20
TOTAL 40.42
View full holdings
Portfolio Characteristics (As of 03/31/2024)
  PORTFOLIO INDEX
Number of Holdings
Equity Issues		 53 2231
Market Capitalization
Weighted Average		 $110.11B $84.27B
Portfolio Turnover Rate
(1-year trailing)		 31.99% -
Price/Earnings Ratio
(1-year forward)		 14.65 13.58
Price/Book Ratio
 2.07 1.92
Earnings Growth Rate
(1-year forward)		 13.45% 14.70%
Sector Allocation % OF PORTFOLIO % of Index % OF PORTFOLIO % of Index (As of 03/31/2024)
Equity country, regional, sector and industry weights primarily based on MSCI and GICS classifications.
Regional Allocation % OF PORTFOLIO % of Index % OF PORTFOLIO % of Index (As of 03/31/2024)
Market Capitalization Range of Equity Holdings % OF PORTFOLIO % of Index % OF PORTFOLIO % of Index (As of 03/31/2024)
Developed vs Emerging Markets % OF PORTFOLIO % of Index % OF PORTFOLIO % of Index (As of 03/31/2024)

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