JIIDX Fees and Costs — Janus Henderson International Managed Volatility Fund, Class D
Data updated: 2022-05-31
The net expense ratio is 0.94%: a 0.55% management fee plus 0.77% other expenses, less a 0.38% fee waiver. There are no sales loads or redemption fees. In fiscal 2021 the fund paid $69K in broker commissions, 0.1324% of average net assets, and portfolio turnover was 128%.
JIIDX Fees and Expenses
Annual operating expenses and sales charges of JIIDX. Prospectus, as of October 31, 2021.
| Annual operating expenses | |
|---|---|
| Management fee | 0.55% |
| 12b-1 fee | — |
| Other expenses | 0.77% |
| Gross expense ratio | 1.32% |
| Fee waiver | −0.38% |
| Net expense ratio | 0.94% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
JIIDX Costs Over Time
On $10,000 invested in JIIDX, assuming 5% a year before costs, total costs come to $670 over 5 years, cutting the return by 1.13% 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 0.94%) | $99 | $308 | $533 |
| Trading costs (broker commissions) | $14 | $43 | $75 |
| Lost growth on money paid in costs | $0 | $17 | $61 |
| Total costs | $113 | $368 | $670 |
| Value after costs | $10,387 | $11,208 | $12,093 |
| Impact on return, per year | 1.13% | 1.13% | 1.13% |
JIIDX 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): 0.1324%
- Total broker commissions: $69K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 128%
- Securities on loan, average value: $74K
- Net income from securities lending: $884 (0.002% of average net assets)
JIIDX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| UBS Securities LLC | $25K | 36.67% |
| Instinet, LLC | $19K | 27.56% |
| Macquarie Capital (USA) Inc. | $7K | 10.61% |
| Credit Suisse Securities (USA) LLC | $7K | 10.35% |
| JP Morgan Securities LLC | $6K | 9.12% |
| SG AMERICAS SECURITIES, LLC | $2K | 3.37% |
| Morgan Stanley | $2K | 2.25% |
| Piper Jaffray & Co. | $24 | 0.03% |
| Guzman & Company | $23 | 0.03% |
| Rosenblatt Securities Inc. | $1 | 0.00% |
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.