JGLTX Fees and Costs — Janus Henderson Global Technology and Innovation Portfolio, Institutional Shares
Data updated: 2026-08-26
The net expense ratio is 0.73%: a 0.64% management fee plus 0.09% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $360K in broker commissions, 0.0285% of average net assets, and portfolio turnover was 50%.
JGLTX Fees and Expenses
Annual operating expenses and sales charges of JGLTX. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.64% |
| 12b-1 fee | — |
| Other expenses | 0.09% |
| Gross expense ratio | 0.73% |
| Fee waiver | — |
| Net expense ratio | 0.73% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
JGLTX Costs Over Time
On $10,000 invested in JGLTX, assuming 5% a year before costs, total costs come to $477 over 5 years, cutting the return by 0.80% 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 0.73%) | $77 | $240 | $417 |
| Trading costs (broker commissions) | $3 | $9 | $16 |
| Lost growth on money paid in costs | $0 | $12 | $44 |
| Total costs | $80 | $261 | $477 |
| Value after costs | $10,420 | $11,315 | $12,286 |
| Impact on return, per year | 0.80% | 0.80% | 0.80% |
JGLTX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0285%
- Total broker commissions: $360K
- Bought from dealers (principal trades, not a cost): $7.7M
- Portfolio turnover (prospectus): 50%
- Securities on loan, average value: $1.0M
- Net income from securities lending: $16K (0.001% of average net assets)
JGLTX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| JP Morgan Securities LLC | $68K | 23.40% |
| Merrill Lynch, Pierce, Fenner & Smith Inc. | $63K | 21.41% |
| Morgan Stanley | $35K | 11.99% |
| Jefferies LLC | $32K | 10.81% |
| Goldman Sachs & Co. LLC | $30K | 10.11% |
| UBS Securities LLC | $25K | 8.62% |
| Liquidnet, Inc. | $11K | 3.75% |
| RBC Capital Markets, LLC | $11K | 3.63% |
| Citigroup Global Markets Inc. | $10K | 3.29% |
| CLSA Americas, LLC | $9K | 2.98% |
JGLTX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Morgan Stanley | $7.7M | 100.00% |
Janus Henderson Global Technology and Innovation Portfolio Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| JGLTX | Institutional Shares | 0.73% | — |
| C000028740 | Service Shares | 0.97% | — |
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.