Is Jensen Quality Growth Fund J (JENSX) a Strong Mutual Fund Pick Right Now?
Mutual Fund Report for JENSX
On the lookout for a Mutual Fund Equity Report fund? Starting with Jensen Quality Growth Fund J (JENSX - Free Report) is one possibility. JENSX holds a Zacks Mutual Fund Rank of 1 (Strong Buy), which is based on nine forecasting factors like size, cost, and past performance.History of Fund/ManagerJENSX finds itself in the Jensen family, based out of Lake Oswego, OR. Jensen Quality Growth Fund J debuted in August of 1992.
Since then, JENSX has accumulated assets of about $2.42 billion, according to the most recently available information. The fund's current manager is a team of investment professionals.PerformanceObviously, what investors are looking for in these funds is strong performance relative to their peers. This fund in particular has delivered a 5-year annualized total return of 12.06%, and it sits in the top third among its category peers.
Investors who prefer analyzing shorter time frames should look at its 3-year annualized total return of 11.36%, which places it in the top third during this time-frame.When looking at a fund's performance, it is also important to note the standard deviation of the returns. The lower the standard deviation, the less volatility the fund experiences. JENSX's standard deviation over the past three years is 19.33% compared to the category average of 17.68%.
Over the past 5 years, the standard deviation of the fund is 17% compared to the category average of 15.57%. This makes the fund more volatile than its peers over the past half-decade.Risk FactorsInvestors should note that the fund has a 5-year beta of 0.9, so it is likely going to be less volatile than the market at large. Because alpha represents a portfolio's performance on a risk-adjusted basis relative to a benchmark, which is the S&P 500 in this case, one should pay attention to this metric as well.
JENSX's 5-year performance has produced a positive alpha of 1.87, which means managers in this portfolio are skilled in picking securities that generate better-than-benchmark returns.HoldingsExploring the equity holdings of a mutual fund is also a valuable exercise. This can show us how the manager is applying their stated methodology, as well as if there are any inherent biases in their approach. For this particular fund, the focus is primarily on equities that are traded in the United States.This fund is currently holding about 94.34% stock in stocks, which have an average market capitalization of $291.14 billion.
The fund has the heaviest exposure to the following market sectors: With turnover at about 10.87%, this fund is making fewer trades than comparable funds.ExpensesFor investors, taking a closer look at cost-related metrics is key, since costs are increasingly important for mutual fund investing. Competition is heating up in this space, and a lower cost product will likely outperform its otherwise identical counterpart, all things being equal. In terms of fees, JENSX is a no load fund.
It has an expense ratio of 0.81% compared to the category average of 0.99%. JENSX is actually cheaper than its peers when you consider factors like cost.Investors need to be aware that with this product, the minimum initial investment is $2,500; each subsequent investment needs to be at least $100.Bottom LineOverall, Jensen Quality Growth Fund J ( JENSX ) has a high Zacks Mutual Fund rank, and in conjunction with its comparatively strong performance, average downside risk, and lower fees, Jensen Quality Growth Fund J ( JENSX ) looks like a good potential choice for investors right now.This could just be the start of your research on JENSXin the Mutual Fund Equity Report category. Consider going to URL for additional information about this fund, and all the others that we rank as well for additional information.
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