JASBX Fees and Costs — Janus Henderson Short Duration Flexible Bond Fund, Class T
Data updated: 2026-09-14
The net expense ratio is 0.64%: a 0.44% management fee plus 0.34% other expenses, less a 0.14% fee waiver. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $17K in broker commissions, 0.0024% of average net assets, and portfolio turnover was 167%.
JASBX Fees and Expenses
Annual operating expenses and sales charges of JASBX. Prospectus, as of June 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.44% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.34% |
| Gross expense ratio | 0.78% |
| Fee waiver | −0.14% |
| Net expense ratio | 0.64% |
| 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 |
JASBX Costs Over Time
On $10,000 invested in JASBX, assuming 5% a year before costs, total costs come to $405 over 5 years, cutting the return by 0.67% 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 0.64%) | $67 | $210 | $366 |
| Trading costs (broker commissions) | $0 | $1 | $1 |
| Lost growth on money paid in costs | $0 | $10 | $37 |
| Total costs | $67 | $222 | $405 |
| Value after costs | $10,433 | $11,355 | $12,358 |
| Impact on return, per year | 0.67% | 0.67% | 0.67% |
JASBX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending June 30, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0024%
- Total broker commissions: $17K
- Bought from dealers (principal trades, not a cost): $1.7B
- Portfolio turnover (prospectus): 167%
- Securities on loan, average value: $1.3M
- Net income from securities lending: $7K (0.001% of average net assets)
JASBX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $10K | 57.16% |
| Citigroup Global Markets Inc. | $5K | 29.02% |
| UBS Securities LLC | $838 | 4.90% |
| Barclays Capital, Inc. | $790 | 4.62% |
| Merrill Lynch, Pierce, Fenner & Smith Inc. | $446 | 2.61% |
| Morgan Stanley & Co. LLC | $290 | 1.70% |
JASBX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $315.0M | 21.94% |
| Goldman Sachs & Co. LLC | $211.2M | 14.71% |
| Merrill Lynch, Pierce, Fenner & Smith Inc. | $210.9M | 14.69% |
| Wells Fargo Securities, LLC | $168.2M | 11.72% |
| Morgan Stanley & Co. LLC | $165.0M | 11.49% |
| BMO Capital Markets Corp. | $120.0M | 8.36% |
| Barclays Capital, Inc. | $93.1M | 6.49% |
| Citigroup Global Markets Inc. | $72.7M | 5.06% |
| Citadel Securities LLC | $40.0M | 2.78% |
| TD SECURITIES (USA) LLC | $39.6M | 2.76% |
Janus Henderson Short Duration Flexible Bond Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| JSHNX | Class N | 0.40% | none |
| JSHIX | Class I | 0.45% | none |
| JNSTX | Class D | 0.52% | — |
| JASBX | Class T | 0.64% | none |
| JSHAX | Class A | 0.70% | 2.50% |
| JSHSX | Class S | 0.90% | none |
| JSHCX | Class C | 1.45% | none |
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.