Download Perkins Mid Cap Value Fund (Class S)

Perkins Mid Cap Value Fund (Class S)
As of December 31, 2015
Category: Mid-Cap Value
Some mid-cap value funds focus on
medium-size companies while others
land here because they own a mix of
small-,
mid-,
and
large-cap
stocks. All look for stocks that are
less expensive or growing more slowly
than the market.
Many of their
holdings come from financial, energy,
and manufacturing sectors.
What is the investment’s strategy?
The
investment
seeks
capital
appreciation.
The
fund
primarily
invests in the common stocks of midsized companies whose stock prices
the portfolio managers believe to be
undervalued. It invests at least 80%
of
its
net
assets
(plus
any
borrowings for investment purposes)
in equity securities of companies
whose market capitalization falls, at
the time of purchase, within the 12month average of the capitalization
range of the Russell Midcapfi Value
Index. The fund may invest, under
normal circumstances, up to 20% of
its net assets in securities of
companies
having
market
capitalizations
outside
of
the
aforementioned
market
capitalization
ranges.
Other Considerations
Returns shown are the historical
performance of the oldest share class
of the fund, adjusted to reflect the
fees and expenses of this share class.
These adjusted historical returns are
not actual returns. Adjusted historical
returns
can
only
provide
an
approximation of what the performance
of a new share class might have been
had it existed for the periods shown.
Mid-capitalization
companies
are
generally less established and their
stocks may be more volatile and less
liquid than the securities of larger
companies. Companies that issue value
securities may have experienced adverse
business developments or may be subject
to special risks that have caused their
securities to be out of favor. If a
portfolio manager s assessment of a
company s prospects is wrong, or if the
market does not recognize the value of
the company, the price of its
securities may decline or may not
approach the value that the portfolio
manager anticipates. An investment in
real estate securities is subject to
greater
price
volatility
and
the
special
risks
associated
with
investments in such funds. Derivatives
may increase the volatility of a fund s
net asset value and may result in a
loss to a fund.
Other Information
12b-1 fee:
Expense Ratio (gross) **:
Fund Inception Date:
Total Fund Assets($mil):
Ticker:
0.25%
0.94% of fund assets
07/06/2009
175.36
JMVIX
Company:
Janus
Capital
LLC. Telephone: 877-335-
PODFSJMVIX-12/15
Morningstar Style Box ™ Morningstar Rating*
Cash
Stocks*
Bonds
Other
*Foreign Stock
(% of stocks)
Cyclical
Basic Materials
Consumer Cyclical
Financial Services
Real Estate
Defensive
Consumer Defensive
Healthcare
Utilities
Sensitive
Communication Services
Energy
Industrials
Technology
Long %
41.31
1.49
6.89
22.73
10.20
26.71
11.91
6.88
7.92
31.98
0.00
7.25
14.95
9.78
Top Ten Holdings as of 09/30/2015 ^
Casey’s General Stores Inc
Torchmark Corp
PPL Corp
Alliant Energy Corp
Fifth Third Bancorp
Waste Connections Inc
Citizens Financial Group Inc
Laboratory Corp of America Hldgs
Dr Pepper Snapple Group Inc
Marsh & McLennan Companies Inc
Medium
% of Assets
3.19
2.51
2.50
2.34
2.32
2.22
2.14
2.02
1.88
1.80
1
2
Small
Value
Industry Sectors as of 09/30/2015 ^
✭✭
✭✭
✭✭
Large
Net %
5.93
94.07
0.00
0.00
1.79
3
Blend Growth
Overall 1
3 Year 2
5 Year 3
Out of 407 Mid-Cap Value Funds
Out of 407 Mid-Cap Value Funds
Out of 343 Mid-Cap Value Funds
Past performance is no
guarantee of future results.
* For each fund with at least a three-year history, Morningstar calculates a Morningstar Rating™
based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a fund’s monthly
performance (including the effects of sales charges, loads, and redemption fees), placing more
emphasis on downward variations and rewarding consistent performance. The top 10% of funds in each
category receive five stars, then next 22.5% receive four stars, the middle 35% receive three stars,
the next 22.5% receive two stars, and the bottom 10% receive one star. The Overall Morningstar
Rating™ for a fund is derived from a weighted average of the performance figures associated with its
three-, five- and 10-year (if applicable) Morningstar Rating™ metrics.
Average Annual Total Returns as of 12/31/2015
YTD
Perkins Mid Cap Value S
Mid-Cap Value Average
Russell Midcap Value Index
-4.09%
-5.41
-4.78
1Year
-4.09%
-5.41
-4.78
3Year
5Year
10Year
9.42%
11.50
13.40
6.99%
9.06
11.25
Since
Inception
-6.59
7.61
11.13%
---
Performance data quoted represents past performance. Past performance is no guarantee of
future results. Due to market volatility, current performance may be less or higher than the
figures shown. Investment return and principal value will fluctuate so that upon redemption,
shares may be worth more or less than their original cost. Performance data does not reflect
deduction of redemption fee, which, if such fee exists, would lower performance. For current
to
the
most
recent
month-end
performance
information,
please
visit
www.NYLIM.com/retirement.
Performance
Hypothetical Growth of $10,000
Perkins Mid Cap Value S $ 18,018
Russell Midcap Value Index $ 25,179
25,000
20,000
15,000
10,000
12/09
12/10
Volatility Analysis
Best 3-month Period
Worst 3-month Period
12/11
12/12
12/13
Sep. 10-Nov. 10
Jul. 11-Sep. 11
12/14
12/15
12.05%
-15.95%
▼
Moderate
Investment
Low
High
Category
▲
This investment has shown a relatively moderate range of price fluctuations in the
past. For this reason, it currently lands in the middle third of all investments with
records of at least three years. However, this investment may experience larger or
smaller price declines or price increases depending on market conditions. To offset
some of the investment’s risk, investors may wish to own investments with different
portfolio makeups or investment strategies.
** Expense ratio (gross) does not include fee waivers or expense reimbursements which result in lower actual cost to the investor.
^ The portfolio composition, industry sectors, top ten holdings, and credit analysis are presented to illustrate examples of securities that
the fund has bought and diversity of areas in which the fund may invest and may not be representative of the fund’s current or future
investments. The top ten holdings do not include money market instruments and/or futures contracts. The figures presented are as of date
shown, do not include the fund’s entire investment portfolio, and may change at any time.
Mid-Cap Value Average is the average annual total return of the universe of mutual funds designated by Morningstar, Inc. as comprising the
Morningstar Mid-Cap Value category.
Portfolio Manager(s)
Kevin Preloger
Justin Tugman
Thomas M. Perkins
Management
Management
2687
Stock Investment
Portfolio Snapshot as of 09/30/2015 ^
Portfolio Composition
Russell Midcap Value Index: A market-weighted total return index that measures the performance of companies within the Russell Midcap Index
having lower price-to-book ratios and lower forecasted growth values. The Russell Midcap Index includes firms 201 through 1000, based on
market capitalization, from the Russell 3000 Index. The Russell 3000 Index represents 98% of the of the investable US equity market. An
investment cannot be made directly into an index.
Fund data, Style Box and Rating © 2011 Morningstar, Inc. All Rights reserved. This information: (1) is proprietary to Morningstar and/or its
content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely.
Neither Morningstar nor
its content providers are responsible for any damages or losses arising from the use of this information.
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