# EDGAR Filing Document

**Accession Number:** 0000906185
**File Stem:** 0001193125-26-081229
**Filing Date:** 2026-2
**Character Count:** 22013
**Document Hash:** 6d2e9443a5e0743bd47af1ce37ff3249
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-26-081229.hdr.sgml**: 20260227

**ACCESSION NUMBER**: 0001193125-26-081229

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260227

**DATE AS OF CHANGE**: 20260227

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** JANUS ASPEN SERIES
- **CENTRAL INDEX KEY:** 0000906185

**ORGANIZATION NAME:**
- **EIN:** 841235540
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-07736
- **FILM NUMBER:** 26695666

**BUSINESS ADDRESS:**
- **STREET 1:** 151 DETROIT STREET
- **CITY:** DENVER
- **STATE:** CO
- **ZIP:** 80206
- **BUSINESS PHONE:** 3033333863

**MAIL ADDRESS:**
- **STREET 1:** 151 DETROIT STREET
- **CITY:** DENVER
- **STATE:** CO
- **ZIP:** 80206

## Series and Classes Contracts Data

### Janus Henderson Overseas Portfolio (Series ID: S000010410)

| Class ID   | Class Name           | Ticker Symbol   |
|:---|:---|:---|
| C000028745 | Service Shares       |  |
| C000028747 | Institutional Shares | JAIGX           |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** JANUS ASPEN SERIES

- **b. Investment Company Act file number:** 811-07736

- **c. CIK number of Registrant:** 0000906185

- **d. LEI of Registrant:** 5C1H794C69TI10A0XC04

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 151 DETROIT STREET

  - **City:** Denver

  - **State:** CO

  - **Foreign country:** US

  - **Zip / Postal Code:** 80206

  - **Telephone number:** 303-333-3863

**Item A.2. Information about the Series.**

- **a. Name of Series:** Janus Henderson Overseas Portfolio

- **b. EDGAR series identifier (if any):** S000010410

- **c. LEI of Series:** UWHDLVSO4XBMC40THX93

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2025-12-31

- **b. Date as of which information is reported:** 2025-12-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $778190934.00

**Total Liabilities:** $3373647.16

**Net Assets:** $774817286.84

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000028745 | 0.51%                | 1.23%                | 2.86%                |
| Class ID C000028747 | 0.54%                | 1.26%                | 2.86%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $1060007.00              | $2952399.00                                |
| Month 2  | $7525102.00              | $1970103.00                                |
| Month 3  | $17307656.00             | $4188927.00                                |

**Designated Index Information**

- **Index Name:** MSCI ACWI ex USA - Daily

- **Index Identifier:** MSCI.MC.MXWDU

### Schedule of Portfolio Investments

| Name                                         | Title                                              | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Taiwan Semiconductor Manufacturing Co., Ltd. | Taiwan Semiconductor Manufacturing Co., Ltd. TWD10 | CUSIP: Y84629107<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |   1135000 | NS      | $55454760.77  | 7.16%             |  |  |  | No            |                  2 | On Loan: No      |
| Tokyo Ohka Kogyo Co., Ltd.                   | Tokyo Ohka Kogyo Co., Ltd. NPV                     | CUSIP: J87430104<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     70200 | NS      | $2607519.66   | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| Heineken N.V.                                | Heineken N.V. EUR1.60                              | CUSIP: N39427211<br>LEI: 724500K5PTPSST86UQ23 | Long             | EC               | CORP              | NL        |    264441 | NS      | $21629843.18  | 2.79%             |  |  |  | No            |                  2 | On Loan: No      |
| JANUS CAPITAL GROUP INC                      | Janus Henderson Cash Liquidity Fund LLC            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |  12769449 | NS      | $12773279.66  | 1.65%             |  |  |  | No            |                  2 | On Loan: No      |
| TotalEnergies SE                             | TotalEnergies SE EUR2.5                            | CUSIP: F92124100<br>LEI: 529900S21EQ1BO4ESM68 | Long             | EC               | CORP              | FR        |    174091 | NS      | $11345933.63  | 1.46%             |  |  |  | No            |                  2 | On Loan: No      |
| Tencent Holdings Ltd.                        | Tencent Holdings Ltd. HKD0.00002                   | CUSIP: G87572163<br>LEI: 254900N4SLUMW4XUYY11 | Long             | EC               | CORP              | HK        |    262000 | NS      | $20076851.98  | 2.59%             |  |  |  | No            |                  2 | On Loan: No      |
| Hexagon AB                                   | Hexagon AB SER'B'NPV                               | CUSIP: W4R431112<br>LEI: 549300WJFW6ILNI4TA80 | Long             | EC               | CORP              | SE        |   1758202 | NS      | $20801989.24  | 2.68%             |  |  |  | No            |                  2 | On Loan: No      |
| Industria De Diseno Textil SA                | Industria De Diseno Textil SA EUR0.03 (POST SUBD)  | CUSIP: E6282J125<br>LEI: 549300TTCXZOGZM2EY83 | Long             | EC               | CORP              | ES        |    281388 | NS      | $18533587.46  | 2.39%             |  |  |  | No            |                  2 | On Loan: No      |
| BAE Systems PLC                              | BAE Systems PLC ORD GBP0.025                       | CUSIP: G06940103<br>LEI: 8SVCSVKSGDWMW2QHOH83 | Long             | EC               | CORP              | GB        |   1429945 | NS      | $32867145.26  | 4.24%             |  |  |  | No            |                  2 | On Loan: No      |
| Argenx SE                                    | Argenx SE SPON ADR EACH REP 1 ORD SHS              | CUSIP: 04016X101<br>LEI: 7245009C5FZE6G9ODQ71 | Long             |  | CORP              | US        |     17564 | NS      | $14770445.80  | 1.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Ascendis Pharma A/S                          | Ascendis Pharma A/S SPON ADR EACH REP 1 ORD SHS    | CUSIP: 04351P101<br>LEI: 549300B66JN3W3J8GH73 | Long             |  | CORP              | US        |     42435 | NS      | $9048839.40   | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| AstraZeneca PLC                              | AstraZeneca PLC ORD USD0.25                        | CUSIP: G0593M107<br>LEI: PY6ZZQWO2IZFZC3IOL08 | Long             | EC               | CORP              | GB        |    123784 | NS      | $22795930.89  | 2.94%             |  |  |  | No            |                  2 | On Loan: No      |
| Canadian Natural Resources Limited           | Canadian Natural Resources Limited COM NPV         | CUSIP: 136385101<br>LEI: 549300T15RIMIKZC5Q38 | Long             | EC               | CORP              | US        |    492695 | NS      | $16677725.75  | 2.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Freeport-McMoRan Inc.                        | Freeport-McMoRan Inc. COM USD0.10                  | CUSIP: 35671D857<br>LEI: 549300IRDTHJQ1PVET45 | Long             | EC               | CORP              | US        |    208244 | NS      | $10576712.76  | 1.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Erste Group Bank AG                          | Erste Group Bank AG NPV                            | CUSIP: A19494102<br>LEI: PQOH26KWDF7CG10L6792 | Long             | EC               | CORP              | AT        |    244726 | NS      | $29440443.59  | 3.80%             |  |  |  | No            |                  2 | On Loan: No      |
| Banco Bilbao Vizcaya Argentaria SA           | Banco Bilbao Vizcaya Argentaria SA EUR0.49         | CUSIP: E11805103<br>LEI: K8MS7FD7N5Z2WQ51AZ71 | Long             | EC               | CORP              | ES        |   1282371 | NS      | $29992333.42  | 3.87%             |  |  |  | No            |                  2 | On Loan: No      |
| Deutsche Telekom AG                          | Deutsche Telekom AG NPV(REGD)                      | CUSIP: D2035M136<br>LEI: 549300V9QSIG4WX4GJ96 | Long             | EC               | CORP              | DE        |    709889 | NS      | $23024994.27  | 2.97%             |  |  |  | No            |                  2 | On Loan: No      |
| Fujitsu Ltd.                                 | Fujitsu Ltd. NPV                                   | CUSIP: J15708159<br>LEI: 3538000246DHJLRTUZ24 | Long             | EC               | CORP              | JP        |    509300 | NS      | $13965566.21  | 1.80%             |  |  |  | No            |                  2 | On Loan: No      |
| BNP Paribas SA                               | BNP Paribas SA EUR2                                | CUSIP: F1058Q238<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | EC               | CORP              | FR        |    128620 | NS      | $12169727.16  | 1.57%             |  |  |  | No            |                  2 | On Loan: No      |
| Alstom SA                                    | Alstom SA EUR7.00                                  | CUSIP: F0259M475<br>LEI: 96950032TUYMW11FB530 | Long             | EC               | CORP              | FR        |    452150 | NS      | $13383801.22  | 1.73%             |  |  |  | No            |                  2 | On Loan: No      |
| AIA Group Ltd, Hong Kong                     | AIA Group Ltd, Hong Kong NPV                       | CUSIP: Y002A1105<br>LEI: ZP5ILWVSYE4LJGMMVD57 | Long             | EC               | CORP              | HK        |   2371600 | NS      | $24360499.25  | 3.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Daiichi Life Group Inc.                      | Daiichi Life Group Inc. NPV                        | CUSIP: J09748112<br>LEI: 549300ZUFXI7JXZVTZ25 | Long             | EC               | CORP              | JP        |   2673600 | NS      | $22199658.36  | 2.87%             |  |  |  | No            |                  2 | On Loan: No      |
| ASML Holding N.V.                            | ASML Holding N.V. EUR0.09                          | CUSIP: N07059202<br>LEI: 724500Y6DUVHQD6OXN27 | Long             | EC               | CORP              | NL        |     24257 | NS      | $25926532.05  | 3.35%             |  |  |  | No            |                  2 | On Loan: No      |
| Contemporary Amperex Technology Co Ltd.      | Contemporary Amperex Technology Co Ltd. 'A' CNY1   | CUSIP: Y1R48E105<br>LEI: 300300KINDY1K0E9I032 | Long             | EC               | CORP              | CN        |    190509 | NS      | $9991516.86   | 1.29%             |  |  |  | No            |                  2 | On Loan: No      |
| HDFC Bank Ltd.                               | HDFC Bank Ltd. INR1                                | CUSIP: Y3119P190<br>LEI: 335800ZQ6I4E2JXENC50 | Long             | EC               | CORP              | IN        |   2129363 | NS      | $23530867.94  | 3.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Davide Campari-Milano N.V.                   | Davide Campari-Milano N.V. EUR0.01                 | CUSIP: N24565108<br>LEI: 213800ED5AN2J56N6Z02 | Long             | EC               | CORP              | IT        |   2159831 | NS      | $14022139.48  | 1.81%             |  |  |  | No            |                  2 | On Loan: No      |
| St James's Place PLC                         | St James's Place PLC ORD GBP0.15                   | CUSIP: G5005D124<br>LEI: 213800M993ICXOMBCP87 | Long             | EC               | CORP              | GB        |    420795 | NS      | $7786041.75   | 1.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Teck Resources Limited                       | Teck Resources Limited CLASS'B'SUB-VTG COM NPV     | CUSIP: 878742204<br>LEI: T8KI5SQ2JRWHL7XY0E11 | Long             | EC               | CORP              | CA        |    239623 | NS      | $11473059.84  | 1.48%             |  |  |  | No            |                  2 | On Loan: No      |
| LVMH Moet Hennessy Louis Vuitton SE          | LVMH Moet Hennessy Louis Vuitton SE EUR0.30        | CUSIP: F58485115<br>LEI: IOG4E947OATN0KJYSD45 | Long             | EC               | CORP              | FR        |     21373 | NS      | $16111763.76  | 2.08%             |  |  |  | No            |                  2 | On Loan: No      |
| SAP SE                                       | SAP SE ORD NPV                                     | CUSIP: D66992104<br>LEI: 529900D6BF99LW9R2E68 | Long             | EC               | CORP              | DE        |     54646 | NS      | $13369576.89  | 1.73%             |  |  |  | No            |                  2 | On Loan: No      |
| Liberty Media Corp Del                       | Liberty Media Corp Del COM LBTY ONE S C            | CUSIP: 531229755<br>LEI: 549300ZKUTPIBZLWLL89 | Long             | EC               | CORP              | US        |    158816 | NS      | $15644964.16  | 2.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Rheinmetall AG                               | Rheinmetall AG NPV                                 | CUSIP: D65111102<br>LEI: 5299001OU9CSE29O6S05 | Long             | EC               | CORP              | DE        |      6063 | NS      | $11116807.79  | 1.43%             |  |  |  | No            |                  2 | On Loan: No      |
| Mercadolibre Inc                             | Mercadolibre Inc COM USD0.001                      | CUSIP: 58733R102<br>LEI: 549300DKPDN9M5S8GB14 | Long             | EC               | CORP              | US        |      4811 | NS      | $9690604.86   | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Resona Holdings Inc.                         | Resona Holdings Inc. NPV                           | CUSIP: J6448E106<br>LEI: 52990067JE75XZCYYT81 | Long             | EC               | CORP              | JP        |   2538300 | NS      | $24070480.84  | 3.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Nippon Sanso Holdings Corp.                  | Nippon Sanso Holdings Corp. NPV                    | CUSIP: J5545N100<br>LEI: 353800F1K6653B4VPY57 | Long             | EC               | CORP              | JP        |    186700 | NS      | $5575691.05   | 0.72%             |  |  |  | No            |                  2 | On Loan: No      |
| Shin-Etsu Chemical Co Ltd.                   | Shin-Etsu Chemical Co Ltd. NPV                     | CUSIP: J72810120<br>LEI: 353800PX8Q64N86H5W41 | Long             | EC               | CORP              | JP        |    281700 | NS      | $8761454.08   | 1.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Roche Holding AG                             | Roche Holding AG GENUSSCHEINE NPV                  | CUSIP: H69293217<br>LEI: 549300U41AUUVOAAOB37 | Long             | EP               | CORP              | CH        |     53842 | NS      | $22256798.81  | 2.87%             |  |  |  | No            |                  2 | On Loan: No      |
| Trip.com Group Ltd.                          | Trip.com Group Ltd. ADS                            | CUSIP: 89677Q107<br>LEI: 2549004RMYDSRQL4KW41 | Long             |  | CORP              | US        |     45277 | NS      | $3255869.07   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Rentokil Initial PLC                         | Rentokil Initial PLC ORD GBP0.01                   | CUSIP: G7494G105<br>LEI: 549300VN4WV7Z6T14K68 | Long             | EC               | CORP              | GB        |   2735033 | NS      | $16333012.48  | 2.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Prysmian S.p.A.                              | Prysmian S.p.A. NPV                                | CUSIP: T7630L105<br>LEI: 529900X0H1IO3RS1A464 | Long             | EC               | CORP              | IT        |    105112 | NS      | $10480043.37  | 1.35%             |  |  |  | No            |                  2 | On Loan: No      |
| Samsonite Group SA                           | Samsonite Group SA USD0.01                         | CUSIP: L80308106<br>LEI: 549300UULS5HYFJSEL12 | Long             | EC               | CORP              | HK        |   6311277 | NS      | $16116042.60  | 2.08%             |  |  |  | Yes           |                  2 | On Loan: No      |
| NatWest Group PLC                            | NatWest Group PLC ORD GBP1.0769                    | CUSIP: G6422B147<br>LEI: 2138005O9XJIJN4JPN90 | Long             | EC               | CORP              | GB        |   1325682 | NS      | $11560475.74  | 1.49%             |  |  |  | No            |                  2 | On Loan: No      |
| Trip.com Group Ltd.                          | Trip.com Group Ltd. USD0.00125                     | CUSIP: G9066F101<br>LEI: 2549004RMYDSRQL4KW41 | Long             | EC               | CORP              | HK        |     44834 | NS      | $3216191.35   | 0.42%             |  |  |  | No            |                  2 | On Loan: No      |
| Recruit Holdings Co Ltd.                     | Recruit Holdings Co Ltd. NPV                       | CUSIP: J6433A101<br>LEI: 353800R2LRSMVVC4I806 | Long             | EC               | CORP              | JP        |    119600 | NS      | $6823698.83   | 0.88%             |  |  |  | No            |                  2 | On Loan: No      |
| Magnum Ice Cream Co. NV (The)                | Magnum Ice Cream Co. NV (The) ORD EUR3.50 (DI)     | CUSIP: N5505D105<br>LEI: 25490052LLF3XH6G9847 | Long             | EC               | CORP              | GB        |     60741 | NS      | $963915.47    | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Unilever PLC                                 | Unilever PLC ORD GBP0.035                          | CUSIP: G92087348<br>LEI: 549300MKFYEKVRWML317 | Long             | EC               | CORP              | GB        |    269959 | NS      | $17647122.74  | 2.28%             |  |  |  | No            |                  2 | On Loan: No      |
| UniCredit S.p.A.                             | UniCredit S.p.A. NPV                               | CUSIP: T9T23L642<br>LEI: 549300TRUWO2CD2G5692 | Long             | EC               | CORP              | IT        |    101154 | NS      | $8396671.50   | 1.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Ryanair Holdings PLC                         | Ryanair Holdings PLC ORD EUR0.006                  | CUSIP: G7727C186<br>LEI: 635400BR2ROC1FVEBQ56 | Long             | EC               | CORP              | IE        |    203581 | NS      | $7069348.50   | 0.91%             |  |  |  | No            |                  2 | On Loan: No      |
| Spotify Technology S.A.                      | Spotify Technology S.A. COM EUR0.000625            | CUSIP: L8681T102<br>LEI: 549300B4X0JHWV0DTD60 | Long             | EC               | CORP              | US        |     28764 | NS      | $16703542.44  | 2.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Canada Dollar Cash Balance                   | Canada Dollar Cash Balance                         | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | CA        |     51666 | OU      | $51665.66     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Euro Member Countries Cash Balance           | Euro Member Countries Cash Balance                 | CUSIP: N/A<br>LEI: N/A                        | Short            | STIV             |  | XX        |     -3877 | OU      | $-3876.79     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| United Kingdom Pound Cash Balance            | United Kingdom Pound Cash Balance                  | CUSIP: N/A<br>LEI: N/A                        | Short            | STIV             |  | GB        |       -32 | OU      | $-32.14       | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Japan Yen Cash Balance                       | Japan Yen Cash Balance                             | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | JP        |     25859 | OU      | $25859.00     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-02-13

**Name of Applicant:** JANUS ASPEN SERIES

**Signature:** JESPER NERGAARD

**Name of Signer:** JESPER NERGAARD

**Title:** VP, CFO, TREASURER, AND PRINCIPAL ACCOUNTING OFFICER