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Jensen Quality Value I JNVIX

Medalist Rating as of | See Jensen Investment Hub
  • NAV / 1-Day Return 18.91  /  −0.16 %
  • Total Assets 195.8 Mil
  • Adj. Expense Ratio
    0.820%
  • Expense Ratio 0.820%
  • Distribution Fee Level Average
  • Share Class Type Institutional
  • Category Mid-Cap Blend
  • Investment Style Mid Blend
  • Min. Initial Investment 250,000
  • Status Open
  • TTM Yield 0.60%
  • Turnover 16%

USD | NAV as of Jun 11, 2024 | 1-Day Return as of Jun 11, 2024, 10:14 PM GMT+0

Morningstar’s Analysis JNVIX

Will JNVIX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Jensen CIO Schoenstein to Retire in March 2025; No Change to Ratings

null Dan Culloton

Dan Culloton

Analyst Note

Longtime Jensen Quality Growth fund manager and chief investment officer Eric Schoenstein has announced he will retire in March 2025. It’s not clear if the firm will hire or appoint another CIO for Schoenstein, who has been a manager on Jensen Growth for 20 years and a member of the firm for 22. An experienced team will remain after Schoenstein steps down; each of the five other members of Quality Growth’s investment team has more than a dozen years of experience at the firm. During Schoenstein’s tenure, the firm has built the investment team responsible for its now three strategies from about six to a dozen. Schoenstein also is a named manager on Jensen Quality Value and Jensen Global Quality Growth, but seasoned hands, including Adam Calamar and Kevin Walkush, respectively, have taken the lead on those strategies in recent years. Jensen has managed successions of previous generations of managers before, including that of founder Val Jensen two decades ago. That record, a strong bench of investors, and Schoenstein’s yearlong transition period should smooth this handoff. There is no change to this strategy’s People, Process, or Parent Pillar ratings. Correction (March 28, 2024): A previous version of this analyst note incorrectly identified Allen Bond as the lead manager of Jensen Quality Value. The lead manager is Adam Calamar.

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Portfolio Holdings JNVIX

  • Current Portfolio Date
  • Equity Holdings
  • Bond Holdings
  • Other Holdings
  • % Assets in Top 10 Holdings 35.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Encompass Health Corp

4.09 8.3 Mil
Healthcare

Copart Inc

3.93 8.0 Mil
Industrials

Equifax Inc

3.81 7.7 Mil
Industrials

Broadridge Financial Solutions Inc

3.54 7.2 Mil
Technology

Laboratory Corp of America Holdings

3.48 7.1 Mil
Healthcare

Lennox International Inc

3.39 6.9 Mil
Industrials

Genuine Parts Co

3.39 6.9 Mil
Consumer Cyclical

The Kroger Co

3.38 6.9 Mil
Consumer Defensive

Tractor Supply Co

3.38 6.9 Mil
Consumer Cyclical

Charles River Laboratories International Inc

3.16 6.4 Mil
Healthcare