JWGRX Fees and Costs — Janus Henderson Global Research Fund, Class S
Data updated: 2026-08-26
The net expense ratio is 1.24%: a 0.70% management fee, a 0.25% 12b-1 fee plus 0.29% other expenses. There are no sales loads or redemption fees. In fiscal 2024 the fund paid $1.2M in broker commissions, 0.0336% of average net assets, and portfolio turnover was 33%.
JWGRX Fees and Expenses
Annual operating expenses and sales charges of JWGRX. Prospectus, as of September 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.70% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.29% |
| Gross expense ratio | 1.24% |
| Fee waiver | — |
| Net expense ratio | 1.24% |
| 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 |
JWGRX Costs Over Time
On $10,000 invested in JWGRX, assuming 5% a year before costs, total costs come to $792 over 5 years, cutting the return by 1.34% 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 1.24%) | $130 | $405 | $700 |
| Trading costs (broker commissions) | $4 | $11 | $19 |
| Lost growth on money paid in costs | $0 | $21 | $73 |
| Total costs | $134 | $437 | $792 |
| Value after costs | $10,366 | $11,140 | $11,971 |
| Impact on return, per year | 1.34% | 1.34% | 1.34% |
JWGRX 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): 0.0336%
- Total broker commissions: $1.2M
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 33%
- Securities on loan, average value: $11.3M
- Net income from securities lending: $70K (0.002% of average net assets)
JWGRX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Morgan Stanley | $164K | 18.26% |
| Citigroup Global Markets Inc. | $121K | 13.48% |
| Merrill Lynch, Pierce, Fenner & Smith Inc. | $113K | 12.51% |
| Goldman Sachs & Co. LLC | $101K | 11.26% |
| JP Morgan Securities LLC | $99K | 11.00% |
| UBS Securities LLC | $76K | 8.44% |
| Jefferies LLC | $70K | 7.82% |
| Barclays Capital Inc. | $62K | 6.93% |
| Liquidnet, Inc. | $47K | 5.17% |
| RBC Capital Markets, LLC | $46K | 5.13% |
Janus Henderson Global Research Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| JDWNX | Class N | 0.75% | none |
| JWWFX | Class I | 0.82% | none |
| JANWX | Class D | 0.86% | — |
| JAWWX | Class T | 0.98% | none |
| JDWAX | Class A | 1.13% | 5.75% |
| JWGRX | Class S | 1.24% | none |
| JDWRX | Class R | 1.52% | none |
| JWWCX | Class C | 1.93% | none |
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.