C000028728 Fees and Costs — Janus Henderson Global Research Portfolio, Service Shares
Data updated: 2026-08-26
The net expense ratio is 1.07%: a 0.72% management fee, a 0.25% 12b-1 fee plus 0.10% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $344K in broker commissions, 0.0347% of average net assets, and portfolio turnover was 31%.
C000028728 Fees and Expenses
Annual operating expenses and sales charges of C000028728. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.72% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.10% |
| Gross expense ratio | 1.07% |
| Fee waiver | — |
| Net expense ratio | 1.07% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
C000028728 Costs Over Time
On $10,000 invested in C000028728, assuming 5% a year before costs, total costs come to $690 over 5 years, cutting the return by 1.16% 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 1.07%) | $112 | $350 | $607 |
| Trading costs (broker commissions) | $4 | $11 | $20 |
| Lost growth on money paid in costs | $0 | $18 | $63 |
| Total costs | $116 | $379 | $690 |
| Value after costs | $10,384 | $11,197 | $12,073 |
| Impact on return, per year | 1.16% | 1.16% | 1.16% |
C000028728 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0347%
- Total broker commissions: $344K
- Bought from dealers (principal trades, not a cost): $6.4M
- Portfolio turnover (prospectus): 31%
- Securities on loan, average value: $2.3M
- Net income from securities lending: $21K (0.002% of average net assets)
C000028728 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Merrill Lynch, Pierce, Fenner & Smith Inc. | $39K | 14.55% |
| UBS Securities LLC | $37K | 13.73% |
| JP Morgan Securities LLC | $37K | 13.56% |
| Goldman Sachs & Co. LLC | $36K | 13.32% |
| Barclays Capital Inc. | $30K | 11.11% |
| Morgan Stanley | $25K | 9.14% |
| Citigroup Global Markets Inc. | $24K | 8.87% |
| Jefferies LLC | $17K | 6.13% |
| Robert W. Baird & Co. Inc. | $13K | 5.01% |
| Nomura Securities International, Inc. | $12K | 4.58% |
C000028728 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| UBS Securities LLC | $5.2M | 82.06% |
| RBC Capital Markets, LLC | $1.1M | 17.94% |
Janus Henderson Global Research Portfolio Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| JAWGX | Institutional Shares | 0.82% | — |
| C000028728 | Service Shares | 1.07% | — |
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.