Please ensure Javascript is enabled for purposes of website accessibility VIT Enterprise Portfolio - Janus Henderson Investors
{{banner.link_text}}
For Financial Professionals in the US

VIT Enterprise Portfolio

A differentiated mid-cap growth strategy that takes a moderate approach to an asset class known for the potential for rapid growth

NAV
$74.05
As of 11/04/2024

1-Day Change
$0.11 (0.15%)
 As of 11/04/2024

YTD Return
14.22%
As of 11/04/2024

Morningstar Rating

As of 09/30/2024

Morningstar Medalist Rating ™

Silver Morningstar Analyst Rating
As of 09/30/2024

Overview

About This Portfolio

By taking a moderate approach to an asset class with potential for rapid growth, this mid-cap growth fund has demonstrated lower volatility than the index. Unlike many competitor products that focus on short-term growth rates, this strategy seeks to invest in companies exhibiting sustainable and durable growth.

Why Invest in This Portfolio

Smart Growth Approach

The Portfolio’s investment approach focuses on long-duration, sustainable-growth companies with strong competitive advantages and large addressable markets. We seek to avoid companies with rapid but unsustainable, short-term growth profiles.

Deep, Specialized Team

The Portfolio benefits from experienced Portfolio Managers with expertise in mid-cap investing; in-depth fundamental research conducted by a dedicated team of experts exclusively focused on small-mid-cap companies; and the broader support of an insightful team of equity investment professionals.

Growth Potential with Tempered Volatility

The portfolio offers exposure to medium-size companies with resilient business models and is designed to weather a variety of market environments and take on moderately less risk than the index.

Portfolio Management

Brian Demain, CFA
Brian Demain, CFA

Portfolio Manager

Industry since 1999. Joined Firm in 1999.

Philip Cody Wheaton, CFA
Philip Cody Wheaton, CFA

Portfolio Manager | Research Analyst

Industry since 2001. Joined Firm in 2001.

Performance

RETURNS (%) (As of 09/30/2024)
VIT Enterprise Portfolio Service Class Russell Midcap® Growth Index
 
3M YTD 1YR 3YR 5YR 10YR Since Inception
(09/13/1993)
VIT Enterprise Portfolio Service Class 9.66 15.60 26.50 6.44 10.90 13.00 11.02
Russell Midcap® Growth Index 6.54 12.91 29.33 2.32 11.48 11.30 10.15
Returns quoted are past performance and do not guarantee future results; current performance may be lower or higher. Investment returns and principal value will vary; there may be a gain or loss when shares are sold.
High absolute short-term performance is not typical and may not be achieved in the future. Such results should not be the sole basis for evaluating material facts in making an investment decision.

Performance for Service Shares prior to 12/31/99 reflects the performance of Institutional Shares, adjusted to reflect the expenses of Service Shares.

Returns include reinvestment of dividends and capital gains. Returns greater than one year are annualized.

RETURNS (%) (As of 09/30/2024)
VIT Enterprise Portfolio Service Class Russell Midcap® Growth Index
 
3M YTD 1YR 3YR 5YR 10YR Since Inception
(09/13/1993)
VIT Enterprise Portfolio Service Class 9.66 15.60 26.50 6.44 10.90 13.00 11.02
Russell Midcap® Growth Index 6.54 12.91 29.33 2.32 11.48 11.30 10.15
Returns quoted are past performance and do not guarantee future results; current performance may be lower or higher. Investment returns and principal value will vary; there may be a gain or loss when shares are sold.
High absolute short-term performance is not typical and may not be achieved in the future. Such results should not be the sole basis for evaluating material facts in making an investment decision.

Performance for Service Shares prior to 12/31/99 reflects the performance of Institutional Shares, adjusted to reflect the expenses of Service Shares.

Returns include reinvestment of dividends and capital gains. Returns greater than one year are annualized.

Calendar Year Returns (%)
VIT Enterprise Portfolio Service Class Russell Midcap® Growth Index
2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
VIT Enterprise Portfolio Service Class 17.78 -16.15 16.54 19.18 35.16 -0.66 27.09 12.10 3.77 12.24
Russell Midcap® Growth Index 25.87 -26.72 12.73 35.59 35.47 -4.75 25.27 7.33 -0.20 11.90
Returns quoted are past performance and do not guarantee future results; current performance may be lower or higher. Investment returns and principal value will vary; there may be a gain or loss when shares are sold.

Performance for Service Shares prior to 12/31/99 reflects the performance of Institutional Shares, adjusted to reflect the expenses of Service Shares.

Returns include reinvestment of dividends and capital gains. Returns greater than one year are annualized.

Morningstar Percentile

 (As of 09/30/2024)
1 YR 3 YR 5 YR 10 YR SINCE INCEPTION
Percentile Ranking 43 9 41 8 14
Mid-Cap Growth | Rank/Count 228/531 43/522 185/498 37/455 18/127
 (As of 10/31/2024)
1 YR 3 YR 5 YR 10 YR SINCE INCEPTION
Percentile Ranking 40 8 44 8 14
Mid-Cap Growth | Rank / Count 228/537 40/529 211/505 41/463 18/127

Returns-Based Statistics (As of 09/30/2024 Class SERVICE Shares)

RISK / REWARD
VS. Russell Mid Cap Growth TR Index		 3YR 5YR
Information Ratio 0.52 -0.03
Alpha 3.85 0.93
Tracking Error 8.22 8.18
Beta 0.81 0.86
R-squared (%) 86.38 86.25
UP/DOWN MARKET CAPTURE (%)
Russell Mid Cap Growth TR Index		 3YR 5YR
Up Capture Ratio 92.35 86.81
Down Capture Ratio 83.46 89.33
STANDARD DEVIATION 3YR 5YR
Enterprise Portfolio 18.59 20.13
Russell Mid Cap Growth TR Index 21.31 21.66
SHARPE RATIO 3YR 5YR
Enterprise Portfolio 0.16 0.43
Russell Mid Cap Growth TR Index -0.06 0.41
Annual Fees & Expenses (As of the most recent prospectus)
SERVICE SHARES
Management Fees 0.64%
12b-1 Fees 0.25%
Other Expenses 0.08%
Total Gross Expenses 0.97%
Total Net Expenses 0.97%

Portfolio

Index represents the Russell MidCap® Growth Index.

Top Holdings (As of 09/30/2024)
% of Fund
Constellation Software Inc/Canada 4.94
GoDaddy Inc 3.67
Teleflex Inc 3.08
SS&C Technologies Holdings Inc 3.07
Boston Scientific Corp 3.00
Intact Financial Corp 2.98
Revvity Inc 2.52
Flex Ltd 2.43
WEX Inc 2.37
W R Berkley Corp 2.12
TOTAL 30.18
View full holdings
Portfolio Characteristics (As of 09/30/2024)
  PORTFOLIO INDEX
Number of Holdings
Equity Issues		 80 288
Market Capitalization
Weighted Average		 $28.38B $27.27B
Portfolio Turnover Rate
(1-year trailing)		 12.82% -
Price/Earnings Ratio
(1-year forward)		 19.40 25.62
Price/Book Ratio
 3.69 9.25
Earnings Growth Rate
(1-year forward)		 13.64% 20.55%
Sector Allocation % of Fund % of Index % of Fund % of Index As of 09/30/2024
Equity country, regional, sector and industry weights primarily based on MSCI and GICS classifications.
Regional Allocation % of Fund % of Index % of Fund % of Index As of 09/30/2024
Developed vs Emerging Markets % of Fund % of Index % of Fund % of Index As of 09/30/2024
Market Capitalization Range of Equity Holdings % of Fund % of Index % of Fund % of Index As of 09/30/2024

Documents

Related Insights

Our intellectual capital is readily available and central to our Knowledge Shared approach"
Related Insights
Top-of-mind market risks for U.S. equities
Oct 2, 2024
Timely & Topical

Top-of-mind market risks for U.S. equities

How top-of-mind risks for our portfolio managers differ from the concerns investors worry will impact their finances in the months ahead.

5 min read

Seeking to capitalize on insurance’s extended cycle
Sep 24, 2024
Timely & Topical

Seeking to capitalize on insurance’s extended cycle

The factors driving an extended insurance pricing cycle in the U.S. and how to navigate the growth opportunities and risks present in this evolving landscape.

6 min read

U.S. equities: The dawn of a new era?
Jun 11, 2024
Timely & Topical

U.S. equities: The dawn of a new era?

Janus Henderson’s recent Global Investment Summit explored growth drivers in equities, highlighting key investment themes and opportunities across the market capitalization spectrum.

9 min read

Choose region

Country

Language

What type of investor are you?