JGDIX Fees and Costs — Janus Henderson Global Income Managed Volatility Fund, Class I
Data updated: 2022-05-31
The net expense ratio is 0.60%: a 0.55% management fee plus 0.29% other expenses, less a 0.24% fee waiver. There are no sales loads or redemption fees. In fiscal 2021 the fund paid $136K in broker commissions, 0.0991% of average net assets, and portfolio turnover was 117%.
JGDIX Fees and Expenses
Annual operating expenses and sales charges of JGDIX. Prospectus, as of October 31, 2021.
| Annual operating expenses | |
|---|---|
| Management fee | 0.55% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.29% |
| Gross expense ratio | 0.84% |
| Fee waiver | −0.24% |
| Net expense ratio | 0.60% |
| 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 |
JGDIX Costs Over Time
On $10,000 invested in JGDIX, assuming 5% a year before costs, total costs come to $440 over 5 years, cutting the return by 0.73% 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 0.60%) | $63 | $197 | $343 |
| Trading costs (broker commissions) | $10 | $33 | $57 |
| Lost growth on money paid in costs | $0 | $11 | $40 |
| Total costs | $73 | $241 | $440 |
| Value after costs | $10,427 | $11,335 | $12,323 |
| Impact on return, per year | 0.73% | 0.73% | 0.73% |
JGDIX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending June 30, 2021.
- Explicit cost rate (commissions ÷ average net assets): 0.0991%
- Total broker commissions: $136K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 117%
- Securities on loan, average value: $873K
- Net income from securities lending: $6K (0.004% of average net assets)
JGDIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| JP Morgan Securities LLC | $44K | 32.91% |
| UBS Securities LLC | $17K | 12.42% |
| Morgan Stanley | $15K | 10.83% |
| Macquarie Capital (USA) Inc. | $12K | 9.10% |
| SG AMERICAS SECURITIES, LLC | $12K | 9.03% |
| Piper Jaffray & Co. | $9K | 6.55% |
| Credit Suisse Securities (USA) LLC | $8K | 5.90% |
| Instinet, LLC | $7K | 5.23% |
| Rosenblatt Securities Inc. | $5K | 4.07% |
| Nomura Securities International, Inc. | $5K | 3.95% |
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.