ACTXX Fees and Costs — Janus Henderson Government Money Market Fund, Class T
Data updated: 2026-09-14
The net expense ratio is 0.46%: a 0.20% management fee plus 0.29% other expenses, less a 0.03% fee waiver. There are no sales loads or redemption fees.
ACTXX Fees and Expenses
Annual operating expenses and sales charges of ACTXX. Prospectus, as of June 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.20% |
| 12b-1 fee | — |
| Other expenses | 0.29% |
| Gross expense ratio | 0.49% |
| Fee waiver | −0.03% |
| Net expense ratio | 0.46% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| 7-day yield | 4.15% |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
ACTXX Costs Over Time
On $10,000 invested in ACTXX, assuming 5% a year before costs, total costs come to $291 over 5 years, cutting the return by 0.48% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.46%) | $48 | $152 | $264 |
| Lost growth on money paid in costs | $0 | $7 | $27 |
| Total costs | $48 | $159 | $291 |
| Value after costs | $10,452 | $11,417 | $12,472 |
| Impact on return, per year | 0.48% | 0.48% | 0.48% |
ACTXX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending June 30, 2026.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $42.6B
- Portfolio turnover (prospectus): —
- Securities lending: none during the year
ACTXX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| ING Financial Markets LLC | $10.2B | 24.16% |
| RBC Capital Markets, LLC | $8.7B | 20.60% |
| Wells Fargo Securities, LLC | $8.3B | 19.79% |
| Goldman Sachs & Co. LLC | $7.4B | 17.56% |
| Credit Agricole Securities (USA) Inc. | $4.4B | 10.39% |
| HSBC Securities (USA) Inc. | $2.8B | 6.64% |
| Academy Securities, Inc. | $122.2M | 0.29% |
| BMO Capital Markets Corp. | $103.8M | 0.25% |
| Barclays Capital, Inc. | $74.2M | 0.18% |
| Deutsche Bank Securities Inc. | $65.6M | 0.16% |
Janus Henderson Government Money Market Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| ACJXX | Class I | 0.20% | — |
| ACOXX | Class N | 0.20% | — |
| ACDXX | Class D | 0.33% | — |
| ACTXX | Class T | 0.46% | — |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.