Janus Henderson Enterprise Fund
Actively managed U.S. stock fund
Janus Henderson Enterprise Fund seeks long-term growth of capital.
The fund invests primarily in common stocks of medium-sized companies within the Russell Midcap Growth Index range, using a bottom-up approach to identify companies with attractive growth potential, returns on invested capital, and competitive positioning; it considers environmental, social, and governance factors alongside fundamental analysis. Because portfolio management selects securities based on its assessment of individual company fundamentals rather than tracking an index, the fund's holdings and returns may diverge from the Russell Midcap Growth Index. The fund may also hold foreign securities and lend its securities to generate additional income.
What you own
| Company | Weight | Value | Shares | Reported price |
|---|---|---|---|---|
Flex Ltd. | 5.41% | $1.21B | 7.5M | $162.07 |
3.36% | $753.29M | 3.2M | $237.33 | |
3.17% | $709.90M | 7.5M | $94.54 | |
RVTYRevvity, Inc. | 2.86% | $639.68M | 5.7M | $111.26 |
2.82% | $631.32M | 2.2M | $289.43 | |
2.80% | $627.17M | 2.2M | $281.68 | |
Janus Henderson Cash Liquidity Fund LLC | 2.77% | $621.61M | — | — |
DASHDoorDash, Inc. | 2.72% | $609.80M | 3.3M | $184.53 |
ARMKAramark | 2.56% | $573.61M | 10.1M | $56.90 |
2.53% | $565.71M | 848.3K | $666.90 |
Reported price is the fund's own reported value divided by its own reported shares at 2026-06-30 — not a live quote, and not what the fund paid.
All 85 holdings, with the share counts as filed, open with a free account.
What the fund is made of
Percentages are of fund net assets. Rounding, liabilities and short positions can make totals differ from 100%.
| Stocks | 97.18% |
| Cash & short-term | 2.78% |
| Derivatives | 0.03% |
Derivatives are shown at market value, not notional exposure.
By sector
- Industrials
- 20.7%
- Information Technology
- 19.0%
- Health Care
- 15.8%
- International
- 15.3%
- 10 other sectors
- 29.1%
- Industrials
- 20.7%
- Information Technology
- 19.0%
- Health Care
- 15.8%
- International
- 15.3%
- Consumer Discretionary
- 7.9%
- Utilities
- 5.6%
- Financials
- 5.6%
- Cash
- 2.8%
- Other
- 2.3%
- Materials
- 1.7%
- Real Estate
- 1.3%
- Energy
- 1.1%
- Consumer Staples
- 0.5%
- Communication Services
- 0.4%
How it has done
JAENX share class · total returns with dividends reinvested
Volatility over the last 12 months: 11.67%. Past returns are a record, not a forecast.
May 2026 and Jun 2026 have been filed since the trailing figures were struck, so they are not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.
The 8 share classes hold the same portfolio
| Share class | Expense ratio | 1 year | 3 years | 5 years | Worst fall |
|---|---|---|---|---|---|
| 0.91% | +15.31% | +27.58% | +37.78% | -10.50% | |
| 1.14% | +15.05% | +26.75% | +36.28% | -10.58% | |
| 1.76% | +14.40% | +24.73% | +32.74% | -10.79% | |
| 0.76% | +15.46% | +28.04% | +38.73% | -10.46% | |
| 1.41% | +14.72% | +25.66% | +34.30% | -10.68% | |
| 1.16% | +15.01% | +26.58% | +36.00% | -10.59% | |
| 0.79% | +15.44% | +27.98% | +38.50% | -10.46% | |
| 0.66% | +15.56% | +28.45% | +39.43% | -10.41% |
These classes hold the same portfolio, so the 6.69pp spread over 5 years is the cost difference between them — roughly 1.34pp a year — not a difference in what they own.
Fees & fund details
Janus Henderson Enterprise Fund is an actively managed U.S. equity fund.
- Asset class
- Equity
- Region
- United States
- Management
- Actively managed
- Fund type
- Open-end fund
- Expense ratio, by class
- 0.66% – 1.76%· JAENX 0.91%
- Portfolio turnover
- 17.00% a year · as of 2026 Q1
Turnover is how much of the portfolio was replaced in a year.
Classified from what the fund holds, not from its name · 2026 Q2. The summary is a paraphrase of the prospectus; the objective is verbatim.
What changed this quarter
Positions that entered or left the fund since its previous filing. Positions that were only resized are not listed.
19 new· the largest 8
22 exited· the largest 8
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