Janus Henderson Global Life Sciences Fund

Janus Investment Fund · 7 share classes

Actively managed U.S. equity fund
One fund, 7 share classes:JAGLXJFNAXJFNCXJFNIXJFNSXJNGLXJFNNX
$5.81B NAV
107 positions · as of 2026-06-30 · filed 2026-08-26

Fund classification

Classified from what the fund holds · as of 2026 Q2

Janus Henderson Global Life Sciences Fund is an actively managed U.S. equity fund.

Asset class
Equity
Region
United States
Management
Actively managed
Fund type
Open-end fund

Fund profile

As filed in the prospectus · 2026 Q1

Janus Henderson Global Life Sciences Fund seeks long-term growth of capital.

Strategy · summarised

The fund invests primarily in equity securities of U.S. and foreign companies in the life sciences sector—including pharmaceuticals, biotechnology, health care services, medical devices, agriculture, and cosmetics—selected through bottom-up analysis for growth potential, management quality, competitive advantages, and returns on capital. Portfolio management incorporates environmental, social, and governance factors alongside fundamental analysis and applies screens to avoid UN Global Compact violators and to hold at least 80% of assets in issuers with an MSCI ESG rating of BB or higher. Because security selection depends on portfolio management's assessment of individual companies, fund performance may diverge from that of life sciences equity benchmarks.

Expenses
0.68% 1.79%across 7 share classes
Share classExpense ratio
JAGLX0.92%
JFNAX1.00%
JFNCX1.79%
JFNIX0.78%
JFNSX1.19%
JNGLX0.81%
JFNNX0.68%

Portfolio turnover 30.00% · as of 2026 Q1

Allocation

Asset groups · long / short shown separately, never netted · 2026 Q2

100.01%
of net assets
Stocks99.11%
Cash & short-term0.90%
Other0.01%

Derivatives are shown at market value, not notional exposure.

Sector allocation

The same holdings as Allocation above, grouped by market sector instead of asset type · as of 2026 Q2

100%
of net assets
Health Care82.6%
International15.7%
Cash0.9%
Other0.9%

Government, Securitized and Cash are non-corporate buckets; International is foreign holdings we don’t sector-classify, and Other is the residual (held funds, unresolved names).

Latest quarter

What changed since the fund's previous filing

2026Q2 vs 2026Q1: 39 new36 exited

Largest new: AstraZeneca plc, Roche Holding AG, Ascendis Pharma A/S, Sanofi SA, Medtronic plc, UCB SA, DFTX, INSM

Largest exited: AstraZeneca PLC, Roche Holding AG, SNYNF, Ascendis Pharma A/S, MDT, Soleno Therapeutics Inc, UCB SA, BHVN

Return profile

Chart:

Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026

Share class1-year3-year5-yearVolWorst fall
+21.39%+33.62%+39.78%16.81%-17.73%
+21.28%+33.25%+39.16%16.80%-17.78%
+20.42%+30.33%+34.21%16.79%-18.23%
+21.54%+34.12%+40.71%16.81%-17.65%
+21.04%+32.53%+37.86%16.81%-17.91%
+21.52%+34.00%+40.46%16.80%-17.67%
+21.64%+34.51%+41.40%16.81%-17.60%

These classes hold the same portfolio, so the 7.18pp spread over 5 years is the cost difference between them — roughly 1.44pp a year — not a difference in what they own.

Cumulative return· Jul 2023 – Apr 2026

May 2026 and Jun 2026 have been filed since the trailing figures were struck, so they are not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.

Holdings

By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page

Issuer%NAVValue
Eli Lilly & Co.LLY9.41%$546.44M
Johnson & JohnsonJNJ7.09%$411.81M
AbbVie, Inc.ABBV4.67%$271.02M
UnitedHealth Group, Inc.UNH4.54%$263.63M
AstraZeneca plc3.93%$228.27M
Revolution Medicines, Inc.RVMD3.02%$175.40M
Argenx SEARGX2.63%$152.70M
Novartis AGNVS2.56%$148.84M
Thermo Fisher Scientific, Inc.TMO2.33%$135.41M
Praxis Precision Medicines, Inc.PRAX2.19%$127.00M
Showing 10 of 107Sign in to see more

Reported price is the fund's own reported value divided by its own reported shares at 2026-06-30 — not a live quote, and not what the fund paid.

Top 10 positions are 42.37% of net assets, top 25 67.94%, across 103 issuers.

See more of this fund's book

More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.

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