C000090768 Fees and Costs — Janus Henderson Value Plus Income Fund, Class S
Data updated: 2021-06-01
The net expense ratio is 1.18%: a 0.60% management fee, a 0.25% 12b-1 fee plus 0.83% other expenses, less a 0.50% fee waiver. There are no sales loads or redemption fees. In fiscal 2020 the fund paid $39K in broker commissions, 0.0602% of average net assets, and portfolio turnover was 110%.
C000090768 Fees and Expenses
Annual operating expenses and sales charges of C000090768. Prospectus, as of October 31, 2020.
| Annual operating expenses | |
|---|---|
| Management fee | 0.60% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.83% |
| Gross expense ratio | 1.68% |
| Fee waiver | −0.50% |
| Net expense ratio | 1.18% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
C000090768 Costs Over Time
On $10,000 invested in C000090768, assuming 5% a year before costs, total costs come to $772 over 5 years, cutting the return by 1.30% 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 1.18%) | $124 | $386 | $667 |
| Trading costs (broker commissions) | $6 | $20 | $34 |
| Lost growth on money paid in costs | $0 | $20 | $71 |
| Total costs | $130 | $425 | $772 |
| Value after costs | $10,370 | $11,151 | $11,991 |
| Impact on return, per year | 1.30% | 1.30% | 1.30% |
C000090768 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): 0.0602%
- Total broker commissions: $39K
- Bought from dealers (principal trades, not a cost): $113.8M
- Portfolio turnover (prospectus): 110%
- Securities on loan, average value: $57K
- Net income from securities lending: $146 (0.000% of average net assets)
C000090768 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| JP Morgan Securities LLC | $15K | 42.59% |
| Citigroup Global Markets Inc. | $3K | 9.74% |
| Credit Suisse Securities (USA) LLC | $3K | 7.75% |
| Goldman Sachs & Co. LLC | $3K | 7.60% |
| Cowen and Company | $2K | 6.88% |
| Morgan Stanley | $2K | 6.27% |
| Jefferies LLC | $2K | 5.26% |
| Sanford C. Bernstein & Co., LLC | $2K | 5.08% |
| Barclays Capital Inc. | $2K | 4.59% |
| BNP Paribas Securities Corp. | $2K | 4.23% |
C000090768 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Citigroup Global Markets Inc. | $14.3M | 16.05% |
| JP Morgan Securities LLC | $13.9M | 15.65% |
| Merrill Lynch, Pierce, Fenner & Smith Inc. | $13.1M | 14.70% |
| Morgan Stanley | $10.5M | 11.81% |
| Goldman Sachs & Co. LLC | $9.9M | 11.15% |
| Barclays Capital Inc. | $7.8M | 8.81% |
| Credit Suisse Securities (USA) LLC | $5.7M | 6.36% |
| Wells Fargo Securities, LLC | $5.2M | 5.86% |
| Natwest Markets Securities Inc. | $5.2M | 5.86% |
| Deutsche Bank Securities Inc. | $3.3M | 3.76% |
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.