Janus Henderson Global Research Fund

Janus Investment Fund · 8 share classes

Actively managed U.S. equity fund
One fund, 8 share classes:JAWWXJDWAXJWWCXJWWFXJDWRXJWGRXJANWXJDWNX
$4.71B NAV
128 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 Research 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 Research Fund seeks long-term growth of capital.

Strategy · summarised

The fund invests in common stocks worldwide selected by its research team based on bottom-up fundamental analysis and high-conviction ideas across all market capitalizations and styles, with at least 40% of assets in non-U.S. securities. Sector teams construct sleeves from analyst picks, which are then combined into a diversified portfolio overseen for unintended style drift. Because the fund's foreign exposure is partially tied to the composition of the MSCI World Index benchmark, that exposure may fluctuate with variations in the benchmark's foreign weighting. The fund may hold cash under unusual circumstances if the research team lacks sufficient high-conviction opportunities.

Expenses
0.75% 1.93%across 8 share classes
Share classExpense ratio
JAWWX0.98%
JDWAX1.13%
JWWCX1.93%
JWWFX0.82%
JDWRX1.52%
JWGRX1.24%
JANWX0.86%
JDWNX0.75%

Portfolio turnover 33.00% · as of 2026 Q1

Allocation

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

101.01%
of net assets
Stocks99.84%
Cash & short-term1.17%

Sector allocation

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

100%
of net assets
Information Technology27.2%
International23.7%
Financials11.5%
Industrials8.3%
8 smaller29.4%

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: 45 new47 exited

Largest new: ASML Holding NV, AMD, SPCX, Banco Bilbao Vizcaya Argentaria SA, UniCredit SpA, Erste Group Bank AG, Seagate Technology Holdings plc, Taiwan Semiconductor Manufacturing Co. Ltd.

Largest exited: ASML Holding N.V., BBVXF, Unilever PLC, UniCredit S.p.A., Erste Group Bank AG, BAE Systems PLC, Taiwan Semiconductor Manufacturing Co., Ltd., ETN

Return profile

Chart:

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

Share class1-year3-year5-yearVolWorst fall
+25.80%+71.31%+76.20%13.96%-7.11%
+25.58%+70.60%+74.88%13.95%-7.14%
+24.72%+66.76%+68.51%13.96%-7.26%
+26.01%+72.21%+77.69%13.97%-7.09%
+25.11%+68.50%+71.48%13.96%-7.20%
+25.45%+69.90%+73.80%13.95%-7.15%
+25.93%+71.87%+77.08%13.96%-7.09%
+26.09%+72.53%+78.25%13.96%-7.08%

These classes hold the same portfolio, so the 9.74pp spread over 5 years is the cost difference between them — roughly 1.95pp 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
NVIDIA Corp.NVDA6.05%$284.95M
Alphabet, Inc.GOOG4.83%$227.46M
Microsoft Corp.MSFT3.58%$168.74M
Amazon.com, Inc.AMZN2.93%$138.07M
Micron Technology, Inc.MU2.72%$128.15M
Broadcom, Inc.AVGO2.52%$118.80M
Lam Research Corp.LRCX2.21%$104.15M
JPMorgan Chase & Co.JPM2.09%$98.31M
Apple, Inc.AAPL1.91%$90.09M
ASML Holding NV1.83%$86.27M
Showing 10 of 128Sign 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 30.69% of net assets, top 25 50.00%, across 128 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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