JIDVX
Janus Henderson U.S. Dividend Income Fund
JANUS INVESTMENT FUND
Expense ratio1
1.42%
Net assets2
$59.77M
Holdings2
60
Category
US Equity
2025 return3
17.79%

Investment objective & strategy

As of Jan. 28, 2026 · prospectus

Objective. Janus Henderson U.S. Dividend Income Fund seeks to provide current income and aims to provide a growing stream of income per share over time.The Funds secondary objective is to seek to provide long-term capital appreciation.

Strategy. The Fund pursues its investment objective by investing, under normal circumstances, at least 80% of its net assets (plus any borrowings for investment purposes) in a portfolio of dividend-paying equity securities of U.S. companies. An issuer is deemed to be economically tied to the United States if one or more of the following tests are met: (i) the issuer is organized in, or its primary business office or principal trading market of its equity is located in, the United States; (ii) a majority of the issuers revenues are derived from the United States; or (iii) a majority of the issuers assets are located in the United States. The Fund generally invests in a core group of approximately 40-60 equity securities, … The Fund pursues its investment objective by investing, under normal circumstances, at least 80% of its net assets (plus any borrowings for investment purposes) in a portfolio of dividend-paying equity securities of U.S. companies. An issuer is deemed to be economically tied to the United States if one or more of the following tests are met: (i) the issuer is organized in, or its primary business office or principal trading market of its equity is located in, the United States; (ii) a majority of the issuers revenues are derived from the United States; or (iii) a majority of the issuers assets are located in the United States. The Fund generally invests in a core group of approximately 40-60 equity securities, including common stocks. The Fund will invest primarily in larger, well-established companies. Portfolio management primarily seeks to identify high-quality companies with the ability to grow revenue and cash flows and produce growing dividend streams through disparate economic environments. Such companies, in portfolio managements view, have the ability to participate in market gains while offering resilient dividends. Security selection will be based upon an analysis of a broad range of metrics, including returns on invested capital, balance sheet strength, and revenue growth potential. The Fund will generally consider selling a security when, in portfolio managements opinion, there is a risk of significant deterioration in the companys fundamentals, or there is a change in business strategy or issuer-specific business outlook that affects the original investment case. The Fund will also consider selling a security if, in portfolio managements opinion, it has become overvalued or if a superior investment opportunity arises. The Fund may lend portfolio securities, in an amount equal to up to one-third of its total assets as determined at the time of the loan origination. As part of its investment process, portfolio management considers environmental, social, and governance (ESG) risks and opportunities (ESG Factors) that it believes are financially material, alongside other fundamental investment factors. Examples of potential financially material ESG Factors include: corporate governance, company culture, exposure to climate change, and human capital management. To assess ESG Factors, portfolio management uses issuer reports, third-party data, and internally-generated analyses and may engage directly with issuers. ESG Factors are one of many considerations in the investment decision-making process, may not be determinative in deciding to include or exclude an investment from the portfolio, and may not be considered for every investment decision.

Top holdings

As of March 31, 2026 · N-PORT
SecurityTickerValue% of fund
JPMORGAN CHASE and CO $2.61M 4.37%
CHEVRON CORP $2.05M 3.43%
JOHNSON&JOHNSON $2.03M 3.40%
ALPHABET INC CL C $1.90M 3.18%
PHILIP MORRIS INTL INC $1.69M 2.83%
APPLIED MATERIALS INC $1.69M 2.82%
VERIZON COMMUNICATIONS INC $1.61M 2.70%
CONOCOPHILLIPS $1.61M 2.69%
CISCO SYSTEMS INC $1.44M 2.41%
RTX CORP $1.40M 2.34%
View all holdings →

Allocation by sector

As of March 31, 2026 · N-PORT
View portfolio breakdown →

Portfolio moves

Dec 31, 2025 → Mar 31, 2026
Opened
13
Exited
8
Increased
16
Decreased
30
Unchanged
1

How many positions this fund opened, exited, grew, trimmed, or left unchanged between its two most recent N-PORT snapshots — net changes between point-in-time reports, not a trade log.

View portfolio moves →

Similar funds

Funds whose portfolios most overlap this one, by weight
FundOverlapNet exp.
Janus Henderson Growth and Income Fund · JAGIX, JDNAX, JGICX, JGINX, JDNRX, JADGX, JNGIX, JDNNX 60% 0.62%
Nuveen Life Large Cap Value Fund · TLLVX 44% 0.52%
Nuveen Large Cap Value Fund · TRLIX, TCLCX, TRLCX, TRCPX, TRLHX, TRLWX 43% 0.00%
View all similar funds →

Footnotes

  1. Expense ratio as of January 28, 2026, from the fund's prospectus.
  2. Net assets and holdings count as of March 31, 2026, from the fund's N-PORT filing.
  3. Total return for calendar year 2025, before tax and after fund expenses. As reported in the fund's prospectus performance bar chart.

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