JSMFX Fees and Costs — Janus Henderson Sustainable Multi-Asset Allocation Fund, Class D
Data updated: 2023-11-29
The net expense ratio is 0.74% (2.23% before fee waivers). There are no sales loads or redemption fees. In fiscal 2023 the fund paid $2K in broker commissions, 0.0949% of average net assets.
JSMFX Fees and Expenses
Annual operating expenses and sales charges of JSMFX. Prospectus, as of October 31, 2022.
| Annual operating expenses | |
|---|---|
| Management fee | 0.05% |
| 12b-1 fee | — |
| Other expenses | 1.73% |
| Gross expense ratio | 2.23% |
| Fee waiver | −1.49% |
| Net expense ratio | 0.74% |
| 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 |
JSMFX Costs Over Time
On $10,000 invested in JSMFX, assuming 5% a year before costs, total costs come to $524 over 5 years, cutting the return by 0.88% 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 0.74%) | $78 | $243 | $422 |
| Trading costs (broker commissions) | $10 | $31 | $54 |
| Lost growth on money paid in costs | $0 | $14 | $48 |
| Total costs | $88 | $288 | $524 |
| Value after costs | $10,412 | $11,289 | $12,239 |
| Impact on return, per year | 0.88% | 0.88% | 0.88% |
JSMFX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending June 30, 2023.
- Explicit cost rate (commissions ÷ average net assets): 0.0949%
- Total broker commissions: $2K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): —
- Securities lending: none during the year
JSMFX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $1K | 43.39% |
| RBC Capital Markets, LLC | $696 | 29.91% |
| JP Morgan Securities LLC | $241 | 10.37% |
| Merrill Lynch, Pierce, Fenner & Smith Inc. | $224 | 9.62% |
| VIRTU ITG LLC | $74 | 3.18% |
| JANE STREET CAPITAL, LLC | $66 | 2.82% |
| Jefferies LLC | $11 | 0.46% |
| Cowen and Company | $6 | 0.26% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.