C000077603 Fees and Costs — Janus Henderson Large Cap Value Fund, Class C
Data updated: 2021-06-01
The net expense ratio is 1.73%: a 0.58% management fee, a 1.00% 12b-1 fee plus 0.59% other expenses, less a 0.44% fee waiver. This share class carries a deferred sales charge of up to 1.00%. In fiscal 2020 the fund paid $26K in broker commissions, 0.0263% of average net assets, and portfolio turnover was 49%.
C000077603 Fees and Expenses
Annual operating expenses and sales charges of C000077603. Prospectus, as of October 31, 2020.
| Annual operating expenses | |
|---|---|
| Management fee | 0.58% |
| 12b-1 fee | 1.00% |
| Other expenses | 0.59% |
| Gross expense ratio | 2.17% |
| Fee waiver | −0.44% |
| Net expense ratio | 1.73% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 1.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
C000077603 Costs Over Time
On $10,000 invested in C000077603, assuming 5% a year before costs, total costs come to $1,082 over 5 years, cutting the return by 1.84% 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 |
| Sales charges | $103 | $0 | $0 |
| Fund expenses (net expense ratio 1.73%) | $182 | $562 | $967 |
| Trading costs (broker commissions) | $3 | $9 | $15 |
| Lost growth on money paid in costs | $0 | $28 | $100 |
| Total costs | $288 | $599 | $1,082 |
| Value after costs | $10,212 | $10,977 | $11,681 |
| Impact on return, per year | 2.88% | 1.84% | 1.84% |
C000077603 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending June 30, 2020.
- Explicit cost rate (commissions ÷ average net assets): 0.0263%
- Total broker commissions: $26K
- Bought from dealers (principal trades, not a cost): $1.1B
- Portfolio turnover (prospectus): 49%
- Securities lending: none during the year
C000077603 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Credit Suisse Securities (USA) LLC | $4K | 16.09% |
| Robert W. Baird & Co. Inc. | $3K | 14.58% |
| Cowen and Company | $3K | 13.16% |
| JP Morgan Securities LLC | $3K | 11.67% |
| Sanford C. Bernstein & Co., LLC | $2K | 8.42% |
| Merrill Lynch, Pierce, Fenner & Smith Inc. | $2K | 8.18% |
| Liquidnet, Inc. | $2K | 7.89% |
| Morgan Stanley | $2K | 7.89% |
| Citigroup Global Markets Inc. | $2K | 7.13% |
| Jefferies LLC | $1K | 4.99% |
C000077603 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| ING Financial Markets LLC | $1.1B | 100.00% |
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.