Janus Growth & Income Fund: A Comprehensive Guide to JGI

Introduction

The Janus Growth & Income Fund (JGI) is an actively managed diversified fund that seeks to provide long-term capital appreciation and current income. The fund invests primarily in a portfolio of large-cap growth and value stocks, with a focus on companies with strong fundamentals and a history of dividend growth.

Historical Performance

Since its inception in 1989, JGI has delivered consistent returns to investors. Over the past 10 years, the fund's average annual return has been 8.9%, outperforming the S&P 500 Index's return of 7.6%.

Portfolio Construction

JGI's portfolio is carefully constructed to achieve its investment objectives. The fund's asset allocation is typically:

• 60-75% in large-cap growth stocks
• 25-40% in large-cap value stocks
• Up to 5% in cash and cash equivalents

The fund's portfolio managers use a fundamental research approach to identify companies with strong balance sheets, high earnings growth potential, and a history of paying dividends.

Dividend Policy

JGI is known for its consistent dividend payments. The fund has paid a dividend every year since its inception, with a current yield of around 2.5%. The fund's dividend payments have increased consistently over time, with a 10-year annualized growth rate of 5.7%.

Fees and Expenses

The expense ratio for JGI is 0.85%, which is slightly above the average expense ratio for similar funds. However, the fund's consistent performance and dividend payments have made it a popular choice among investors.

Common Mistakes to Avoid

• Chasing performance: Do not invest in JGI based solely on its past performance. The fund's future performance is not guaranteed.
• Investing too much: Do not allocate too much of your portfolio to JGI. Diversify your investments across multiple asset classes and funds.
• Ignoring the risks: Investing in stocks always carries some risk. Be aware of the potential risks involved in investing in JGI before committing your money.

Why JGI Matters

• Long-term growth: JGI has a proven track record of delivering long-term capital appreciation.
• Dividend income: The fund's dividend payments provide a source of current income for investors.
• Market resilience: JGI has outperformed the market during both bull and bear markets.

Benefits of Investing in JGI

• Potential for capital appreciation: The fund's portfolio of growth stocks has the potential to generate significant capital gains.
• Consistent income: The fund's dividend payments provide a stable source of income.
• Diversification: JGI's portfolio of large-cap stocks provides diversification to your overall investment portfolio.

FAQs

1. What is the minimum investment amount for JGI?
   - $1,000

2. Is JGI a good choice for retirement savings?
   - Yes, JGI's combination of growth potential and dividend income can make it a suitable long-term investment for retirement.

3. How often does JGI pay dividends?
   - Quarterly

4. What is the current expense ratio for JGI?
   - 0.85%

5. Can I invest in JGI through a retirement account?
   - Yes, JGI is available in both traditional and Roth IRA accounts.

6. What are the risks of investing in JGI?
   - Market volatility, interest rate changes, and company-specific risks.

7. How should I monitor my investment in JGI?
   - Review your investment performance regularly and speak to a financial advisor if you have any concerns.

8. What are some alternatives to JGI?
   - Vanguard Growth & Income Fund (VIG)
   - iShares Core Growth Allocation ETF (AOR)
   - Fidelity Balanced Fund (FBALX)

Table 1: JGI Performance Summary

Table 2: JGI Portfolio Allocation

Table 3: JGI Fees and Expenses

Table 4: JGI Dividend History