C000183953 Fees and Costs — Janus Henderson US Growth Opportunities Fund, Class A
Data updated: 2020-02-27
The net expense ratio is 1.16%: a 0.75% management fee, a 0.25% 12b-1 fee plus 1.00% other expenses, less a 0.85% fee waiver. This share class carries a maximum front-end sales load of 5.75%. In fiscal 2019 the fund paid $7K in broker commissions, 0.0247% of average net assets, and portfolio turnover was 26%.
C000183953 Fees and Expenses
Annual operating expenses and sales charges of C000183953. Prospectus, as of January 31, 2020.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.25% |
| Other expenses | 1.00% |
| Gross expense ratio | 2.01% |
| Fee waiver | −0.85% |
| Net expense ratio | 1.16% |
| Sales charges | |
|---|---|
| Max front load | 5.75% |
| 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 |
C000183953 Costs Over Time
On $10,000 invested in C000183953, assuming 5% a year before costs, total costs come to $1,430 over 5 years, cutting the return by 2.47% 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 | $575 | $575 | $575 |
| Fund expenses (net expense ratio 1.16%) | $115 | $357 | $619 |
| Trading costs (broker commissions) | $2 | $8 | $13 |
| Lost growth on money paid in costs | $29 | $109 | $223 |
| Total costs | $721 | $1,049 | $1,430 |
| Value after costs | $9,779 | $10,527 | $11,333 |
| Impact on return, per year | 7.21% | 3.27% | 2.47% |
C000183953 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2019.
- Explicit cost rate (commissions ÷ average net assets): 0.0247%
- Total broker commissions: $7K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 26%
- Securities lending: none during the year
C000183953 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Liquidnet Europe Limited | $3K | 45.30% |
| Robert W. Baird Limited | $3K | 42.01% |
| KEYBANC CAPITAL MARKETS INC. | $504 | 7.42% |
| Cantor Fitzgerald & Co. | $358 | 5.27% |
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.