For Individual Investors in the US

JANIX Triton Fund

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

NAV
$24.71
As of 03/24/2023

1-Day Change
$0.09 (0.37%)
As of 03/24/2023

YTD Return
1.40%
As of 03/24/2023

Morningstar Rating

As of 02/28/2023

Morningstar Analyst Rating
Silver Morningstar Analyst Rating
As of 02/28/2023

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.

Knowledge Shared

At Janus Henderson, we believe in the sharing of expert insight for better investment and business decisions. We call this ethos Knowledge Shared.

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.

Performance

RETURNS (%) (As of 12/31/2022)
Triton Fund - Class D Shares Russell 2500™ Growth Index Russell 2000® Growth Index
 
3M YTD 1YR 3YR 5YR 10YR Since Inception
(02/25/2005)
Triton Fund - Class D Shares 7.29 -23.68 -23.68 1.64 5.04 10.52 10.87
Russell 2500™ Growth Index 4.72 -26.21 -26.21 2.88 5.97 10.62 8.80
Russell 2000® Growth Index 4.13 -26.36 -26.36 0.65 3.51 9.20 7.63
RETURNS (%) (As of 02/28/2023)
Triton Fund - Class D Shares Russell 2500™ Growth Index Russell 2000® Growth Index
 
3M YTD 1YR 3YR 5YR 10YR Since Inception
(02/25/2005)
Triton Fund - Class D Shares 1.60 7.59 -8.35 8.07 5.89 10.72 11.22
Russell 2500™ Growth Index 1.83 8.27 -8.24 8.10 7.34 10.69 9.20
Russell 2000® Growth Index 1.78 8.76 -7.92 6.51 5.06 9.31 8.06
Calendar Year Returns (%)
Triton Fund - Class D Shares Russell 2500™ Growth Index
2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Triton Fund - Class D Shares -23.68 7.09 28.47 28.42 -5.16 27.01 10.53 1.31 9.51 36.48
Russell 2500™ Growth Index -26.21 5.04 40.47 32.65 -7.47 24.46 9.73 -0.19 7.05 40.65
GROWTH OF A HYPOTHETICAL INVESTMENT

RETURNS-BASED STATISTICS (As of 02/28/2023 Class I Shares)

RISK / REWARD
VS. Russell 2500™ Growth Index
3YR 5YR
Information Ratio 0.00 -0.28
Alpha 0.45 -0.94
Tracking Error 5.77 5.11
Beta 0.94 0.94
R-squared (%) 95.01 95.24
UP/DOWN MARKET CAPTURE (%)
VS. Russell 2500™ Growth Index
3YR 5YR
Up Capture Ratio 91.92 89.05
Down Capture Ratio 92.64 93.85
STANDARD DEVIATION 3YR 5YR
Triton Fund 24.79 22.54
Russell 2500™ Growth Index 25.77 23.39
SHARPE RATIO 3YR 5YR
Triton Fund 0.29 0.20
Russell 2500™ Growth Index 0.28 0.26
ANNUAL FEES & EXPENSES (As of Fiscal Year End, 09/30/2022)
CLASS D SHARES
Management Fees 0.64%
Other Expenses 0.15%
Total Gross Expenses 0.79%
Waivers 0.00%
Total Net Expenses 0.79%

Portfolio

Index represents the Russell 2500™ Growth Index.

Top Holdings (As of 02/28/2023)
% of Fund
Catalent Inc 2.32
Crown Holdings Inc 2.24
Rentokil Initial PLC (ADR) 2.20
ON Semiconductor Corp 2.14
SS&C Technologies Holdings Inc 2.14
Sensient Technologies Corp 1.77
LPL Financial Holdings Inc 1.74
Alight Inc 1.64
OSI Systems Inc 1.63
Ziff Davis Inc 1.57
Total 19.39
View full holdings
Portfolio Characteristics (As of 02/28/2023)
  FUND INDEX
Number of Holdings
Equity Issues
128 1326
Market Capitalization
Weighted Average
$7.32B $5.66B
Portfolio Turnover Rate
(1-year trailing)
10.89% -
Price/Earnings Ratio
(1-year forward)
17.10 17.02
Price/Book Ratio
3.01 4.18
Earnings Growth Rate
(1-year forward)
14.54% 18.06%
Sector Allocation % OF FUND % of Index % OF FUND % of Index (As of 02/28/2023)
Regional Allocation % OF FUND % of Index % OF FUND % of Index (As of February 28, 2023)
Market Capitalization Range of Equity Holdings % OF FUND % of Index % OF FUND % of Index (As of 02/28/2023)
Developed vs Emerging Markets % OF FUND % of Index % OF FUND % of Index (As of February 28, 2023)

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