C000183959 Fees and Costs — Janus Henderson US Growth Opportunities Fund, Class S
Data updated: 2020-02-27
The net expense ratio is 1.32%: a 0.75% management fee, a 0.25% 12b-1 fee plus 5.79% other expenses, less a 5.48% fee waiver. There are no sales loads or redemption fees. In fiscal 2019 the fund paid $7K in broker commissions, 0.0247% of average net assets, and portfolio turnover was 26%.
C000183959 Fees and Expenses
Annual operating expenses and sales charges of C000183959. Prospectus, as of January 31, 2020.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.25% |
| Other expenses | 5.79% |
| Gross expense ratio | 6.80% |
| Fee waiver | −5.48% |
| Net expense ratio | 1.32% |
| 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 |
C000183959 Costs Over Time
On $10,000 invested in C000183959, assuming 5% a year before costs, total costs come to $835 over 5 years, cutting the return by 1.41% 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 1.32%) | $139 | $431 | $745 |
| Trading costs (broker commissions) | $3 | $8 | $14 |
| Lost growth on money paid in costs | $0 | $22 | $77 |
| Total costs | $141 | $461 | $835 |
| Value after costs | $10,359 | $11,116 | $11,927 |
| Impact on return, per year | 1.41% | 1.41% | 1.41% |
C000183959 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
C000183959 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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.