JNDVX Fees and Costs — Janus Henderson U.S. Dividend Income Fund, Class N
Data updated: 2026-08-26
The net expense ratio is 0.00% (0.57% before fee waivers). There are no sales loads or redemption fees. In fiscal 2024 the fund paid $4K in broker commissions, 0.0193% of average net assets, and portfolio turnover was 59%.
JNDVX Fees and Expenses
Annual operating expenses and sales charges of JNDVX. Prospectus, as of September 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.60% |
| 12b-1 fee | 0.66% |
| Other expenses | 1.26% |
| Gross expense ratio | 0.57% |
| Fee waiver | −0.69% |
| Net expense ratio | 0.00% |
| 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 | Yes |
JNDVX Costs Over Time
On $10,000 invested in JNDVX, assuming 5% a year before costs, total costs come to $12 over 5 years, cutting the return by 0.02% 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 0.00%) | $0 | $0 | $0 |
| Trading costs (broker commissions) | $2 | $6 | $11 |
| Lost growth on money paid in costs | $0 | $0 | $1 |
| Total costs | $2 | $7 | $12 |
| Value after costs | $10,498 | $11,570 | $12,751 |
| Impact on return, per year | 0.02% | 0.02% | 0.02% |
JNDVX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2024.
- Explicit cost rate (commissions ÷ average net assets): 0.0193%
- Total broker commissions: $4K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 59%
- Securities on loan, average value: $0
- Net income from securities lending: $0 (0.000% of average net assets)
JNDVX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Merrill Lynch, Pierce, Fenner & Smith Inc. | $508 | 14.32% |
| Morgan Stanley | $486 | 13.72% |
| Goldman Sachs & Co. LLC | $434 | 12.24% |
| UBS Securities LLC | $413 | 11.67% |
| BestEx Research Securities, LLC | $382 | 10.78% |
| RBC Capital Markets, LLC | $331 | 9.34% |
| Cowen and Company | $277 | 7.83% |
| JP Morgan Securities LLC | $267 | 7.55% |
| Wells Fargo Securities, LLC | $224 | 6.33% |
| Jefferies LLC | $221 | 6.23% |
Janus Henderson U.S. Dividend Income Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| JNDVX | Class N | 0.00% | — |
| JIDVX | Class I | 0.69% | — |
| JDDVX | Class D | 0.81% | — |
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.