# EDGAR Filing Document

**Accession Number:** 0000277751
**File Stem:** 0001193125-26-081210
**Filing Date:** 2026-2
**Character Count:** 59648
**Document Hash:** 057ce51e79e2825129ed28427ab932dd
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-26-081210.hdr.sgml**: 20260227

**ACCESSION NUMBER**: 0001193125-26-081210

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260227

**DATE AS OF CHANGE**: 20260227

**PERIOD START**: 20260930

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** JANUS INVESTMENT FUND
- **CENTRAL INDEX KEY:** 0000277751

**ORGANIZATION NAME:**
- **EIN:** 840592523
- **STATE OF INCORPORATION:** MA

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-01879
- **FILM NUMBER:** 26695649

**BUSINESS ADDRESS:**
- **STREET 1:** 151 DETROIT STREET
- **CITY:** DENVER
- **STATE:** CO
- **ZIP:** 80206
- **BUSINESS PHONE:** 303-333-3863

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

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** JANUS FUND /MD/
- **DATE OF NAME CHANGE:** 19870701

## Series and Classes Contracts Data

### Janus Henderson Global Equity Income Fund (Series ID: S000057602)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000183893 | Class A      | HFQAX           |
| C000183894 | Class C      | HFQCX           |
| C000183895 | Class D      | HFQDX           |
| C000183896 | Class I      | HFQIX           |
| C000183897 | Class N      | HFQRX           |
| C000183899 | Class S      | HFQSX           |
| C000183900 | Class T      | HFQTX           |

## Nport-Ex

**Janus Henderson Global Equity Income Fund**

**Schedule of Investments (unaudited)**

**December 31, 2025**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
|  | *Shares* | *Value* |
| Common Stocks – 92.1% |  |  |
| Automobiles – 1.1% |  |  |
| &nbsp;&nbsp;&nbsp; Hyundai Motor Co | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 390640 | &nbsp;&nbsp;&nbsp;&nbsp; $79997019 |
| Banks – 12.2% |  |  |
| &nbsp;&nbsp;&nbsp; Banco Bilbao Vizcaya Argentaria SA | &nbsp;&nbsp;&nbsp;&nbsp; 3348160 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 78307394 |
| &nbsp;&nbsp;&nbsp; Banco de Sabadell SA | &nbsp;&nbsp; 36774966 | &nbsp;&nbsp;&nbsp;&nbsp; 144197791 |
| &nbsp;&nbsp;&nbsp; Banco Santander SA | &nbsp;&nbsp;&nbsp;&nbsp; 6486682 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 76113852 |
| &nbsp;&nbsp;&nbsp; DBS Group Holdings Ltd | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 561600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 24583807 |
| &nbsp;&nbsp;&nbsp; HSBC Holdings PLC | &nbsp;&nbsp;&nbsp;&nbsp; 9388098 | &nbsp;&nbsp;&nbsp;&nbsp; 147158358 |
| &nbsp;&nbsp;&nbsp; Intesa Sanpaolo SpA | &nbsp;&nbsp; 15270402 | &nbsp;&nbsp;&nbsp;&nbsp; 105752429 |
| &nbsp;&nbsp;&nbsp; Mizuho Financial Group Inc | &nbsp;&nbsp;&nbsp;&nbsp; 1877600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 68187554 |
| &nbsp;&nbsp;&nbsp; Sumitomo Mitsui Financial Group Inc | &nbsp;&nbsp;&nbsp;&nbsp; 2148400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 69151562 |
| &nbsp;&nbsp;&nbsp; UniCredit SpA | &nbsp;&nbsp;&nbsp;&nbsp; 1703761 | &nbsp;&nbsp;&nbsp;&nbsp; 141427145 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 854879892 |
| Beverages – 5.7% |  |  |
| &nbsp;&nbsp;&nbsp; Carlsberg A/S | &nbsp;&nbsp;&nbsp;&nbsp; 1044119 | &nbsp;&nbsp;&nbsp;&nbsp; 136889061 |
| &nbsp;&nbsp;&nbsp; Coca-Cola European Partners PLC | &nbsp;&nbsp;&nbsp;&nbsp; 1455561 | &nbsp;&nbsp;&nbsp;&nbsp; 132019383 |
| &nbsp;&nbsp;&nbsp; Diageo PLC | &nbsp;&nbsp;&nbsp;&nbsp; 6086971 | &nbsp;&nbsp;&nbsp;&nbsp; 131094132 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 400002576 |
| Capital Markets – 1.8% |  |  |
| &nbsp;&nbsp;&nbsp; CME Group Inc | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 239838 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 65494961 |
| &nbsp;&nbsp;&nbsp; IG Group Holdings PLC | &nbsp;&nbsp;&nbsp;&nbsp; 3211526 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 56917680 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 122412641 |
| Consumer Finance – 1.6% |  |  |
| &nbsp;&nbsp;&nbsp; OneMain Holdings Inc | &nbsp;&nbsp;&nbsp;&nbsp; 1675310 | &nbsp;&nbsp;&nbsp;&nbsp; 113167191 |
| Containers & Packaging – 1.4% |  |  |
| &nbsp;&nbsp;&nbsp; Amcor PLC | &nbsp;&nbsp; 11854468 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 98866263 |
| Diversified Telecommunication Services – 4.1% |  |  |
| &nbsp;&nbsp;&nbsp; Elisa Oyj | &nbsp;&nbsp;&nbsp;&nbsp; 1283470 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 56955974 |
| &nbsp;&nbsp;&nbsp; Infrastrutture Wireless Italiane SpA<sup>ž</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 5277620 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 48902688 |
| &nbsp;&nbsp;&nbsp; Telenor ASA | &nbsp;&nbsp;&nbsp;&nbsp; 3005648 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 43772540 |
| &nbsp;&nbsp;&nbsp; Telia Co AB | &nbsp;&nbsp; 13191231 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 56373622 |
| &nbsp;&nbsp;&nbsp; TELUS Corp | &nbsp;&nbsp;&nbsp;&nbsp; 6412072 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 84519369 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 290524193 |
| Electric Utilities – 3.1% |  |  |
| &nbsp;&nbsp;&nbsp; Enel SpA | &nbsp;&nbsp; 13631503 | &nbsp;&nbsp;&nbsp;&nbsp; 142016363 |
| &nbsp;&nbsp;&nbsp; Iberdrola SA | &nbsp;&nbsp;&nbsp;&nbsp; 3440538 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 74464656 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 216481019 |
| Equity Real Estate Investment Trusts (REITs) – 2.1% |  |  |
| &nbsp;&nbsp;&nbsp; British Land Co PLC | &nbsp;&nbsp; 14798940 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 80029411 |
| &nbsp;&nbsp;&nbsp; Land Securities Group PLC | &nbsp;&nbsp;&nbsp;&nbsp; 8197502 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 68211705 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 148241116 |
| Food & Staples Retailing – 0.7% |  |  |
| &nbsp;&nbsp;&nbsp; Koninklijke Ahold Delhaize NV | &nbsp;&nbsp;&nbsp;&nbsp; 1230707 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 50470511 |
| Health Care Equipment & Supplies – 0.7% |  |  |
| &nbsp;&nbsp;&nbsp; Coloplast A/S | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 555111 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 47653496 |
| Household Durables – 0.6% |  |  |
| &nbsp;&nbsp;&nbsp; Taylor Wimpey PLC | &nbsp;&nbsp; 29115946 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 42150114 |
| Industrial Conglomerates – 2.8% |  |  |
| &nbsp;&nbsp;&nbsp; Siemens AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 485590 | &nbsp;&nbsp;&nbsp;&nbsp; 136359796 |
| &nbsp;&nbsp;&nbsp; Swire Pacific Ltd | &nbsp;&nbsp;&nbsp;&nbsp; 7555000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 60762507 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 197122303 |
| Insurance – 7.3% |  |  |
| &nbsp;&nbsp;&nbsp; Dai-ichi Life Holdings Inc | &nbsp;&nbsp;&nbsp;&nbsp; 7967600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 66157241 |
| &nbsp;&nbsp;&nbsp; DB Insurance Co Ltd | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 144546 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 13121630 |
| &nbsp;&nbsp;&nbsp; Legal & General Group PLC | &nbsp;&nbsp; 20534059 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 72089406 |
| &nbsp;&nbsp;&nbsp; Manulife Financial Corp | &nbsp;&nbsp;&nbsp;&nbsp; 3845247 | &nbsp;&nbsp;&nbsp;&nbsp; 139643770 |
| &nbsp;&nbsp;&nbsp; Phoenix Group Holdings PLC | &nbsp;&nbsp;&nbsp;&nbsp; 9186403 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 90540406 |
| &nbsp;&nbsp;&nbsp; Progressive Corp/The | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 304961 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 69445719 |
| &nbsp;&nbsp;&nbsp; Samsung Life Insurance Co Ltd | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 573775 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 62494548 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 513492720 |
| Machinery – 2.3% |  |  |
| &nbsp;&nbsp;&nbsp; Komatsu Ltd | &nbsp;&nbsp;&nbsp;&nbsp; 3738800 | &nbsp;&nbsp;&nbsp;&nbsp; 119533461 |
| &nbsp;&nbsp;&nbsp; Outotec OYJ | &nbsp;&nbsp;&nbsp;&nbsp; 2444454 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 42644544 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 162178005 |
| Media – 1.0% |  |  |
| &nbsp;&nbsp;&nbsp; Publicis Groupe SA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 697021 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 72303761 |

---

------

---

| | | |
|:---|:---|:---|
|  | *Shares* | *Value* |
| Common Stocks – (continued) |  |  |
| Metals & Mining – 3.2% |  |  |
| &nbsp;&nbsp;&nbsp; Freeport-McMoRan Inc | &nbsp;&nbsp;&nbsp;&nbsp; 1528582 | &nbsp;&nbsp;&nbsp;&nbsp; $77636680 |
| &nbsp;&nbsp;&nbsp; Rio Tinto PLC | &nbsp;&nbsp;&nbsp;&nbsp; 1815011 | &nbsp;&nbsp;&nbsp;&nbsp; 144784530 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 222421210 |
| Multi-Utilities – 0.1% |  |  |
| &nbsp;&nbsp;&nbsp; National Grid PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 412530 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6356410 |
| Oil, Gas & Consumable Fuels – 8.0% |  |  |
| &nbsp;&nbsp;&nbsp; Chevron Corp | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 868885 | &nbsp;&nbsp;&nbsp;&nbsp; 132426763 |
| &nbsp;&nbsp;&nbsp; Pembina Pipeline Corp | &nbsp;&nbsp;&nbsp;&nbsp; 2587227 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 98576290 |
| &nbsp;&nbsp;&nbsp; TotalEnergies SE | &nbsp;&nbsp;&nbsp;&nbsp; 3118046 | &nbsp;&nbsp;&nbsp;&nbsp; 203210637 |
| &nbsp;&nbsp;&nbsp; Var Energi ASA | &nbsp;&nbsp; 19924615 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 65134043 |
| &nbsp;&nbsp;&nbsp; Williams Cos Inc | &nbsp;&nbsp;&nbsp;&nbsp; 1055731 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 63459990 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 562807723 |
| Personal Products – 1.8% |  |  |
| &nbsp;&nbsp;&nbsp; Unilever PLC | &nbsp;&nbsp;&nbsp;&nbsp; 1920198 | &nbsp;&nbsp;&nbsp;&nbsp; 125852105 |
| Pharmaceuticals – 6.9% |  |  |
| &nbsp;&nbsp;&nbsp; Merck & Co Inc | &nbsp;&nbsp;&nbsp;&nbsp; 1365343 | &nbsp;&nbsp;&nbsp;&nbsp; 143716004 |
| &nbsp;&nbsp;&nbsp; Novartis AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 507585 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 70134588 |
| &nbsp;&nbsp;&nbsp; Pfizer Inc | &nbsp;&nbsp;&nbsp;&nbsp; 7985185 | &nbsp;&nbsp;&nbsp;&nbsp; 198831106 |
| &nbsp;&nbsp;&nbsp; Roche Holding AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 169110 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 69905413 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 482587111 |
| Semiconductor & Semiconductor Equipment – 6.3% |  |  |
| &nbsp;&nbsp;&nbsp; MediaTek Inc | &nbsp;&nbsp;&nbsp;&nbsp; 3773000 | &nbsp;&nbsp;&nbsp;&nbsp; 170979612 |
| &nbsp;&nbsp;&nbsp; Taiwan Semiconductor Manufacturing Co Ltd (ADR) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 475755 | &nbsp;&nbsp;&nbsp;&nbsp; 144577187 |
| &nbsp;&nbsp;&nbsp; Texas Instruments Inc | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 706596 | &nbsp;&nbsp;&nbsp;&nbsp; 122587340 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 438144139 |
| Specialized Real Estate Investment Trusts (REITs) – 0.9% |  |  |
| &nbsp;&nbsp;&nbsp; VICI Properties Inc | &nbsp;&nbsp;&nbsp;&nbsp; 2179997 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 61301516 |
| Specialty Retail – 4.4% |  |  |
| &nbsp;&nbsp;&nbsp; Best Buy Co Inc | &nbsp;&nbsp;&nbsp;&nbsp; 1250560 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 83699981 |
| &nbsp;&nbsp;&nbsp; Home Depot Inc | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 236689 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 81444685 |
| &nbsp;&nbsp;&nbsp; Industria de Diseno Textil SA | &nbsp;&nbsp;&nbsp;&nbsp; 2130794 | &nbsp;&nbsp;&nbsp;&nbsp; 140344495 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 305489161 |
| Textiles, Apparel & Luxury Goods – 2.5% |  |  |
| &nbsp;&nbsp;&nbsp; Cie Financiere Richemont SA (REG) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 633962 | &nbsp;&nbsp;&nbsp;&nbsp; 136853831 |
| &nbsp;&nbsp;&nbsp; LVMH Moet Hennessy Louis Vuitton SE | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 53733 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 40505937 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 177359768 |
| Tobacco – 7.0% |  |  |
| &nbsp;&nbsp;&nbsp; British American Tobacco PLC | &nbsp;&nbsp;&nbsp;&nbsp; 5032770 | &nbsp;&nbsp;&nbsp;&nbsp; 285194541 |
| &nbsp;&nbsp;&nbsp; Imperial Brands PLC | &nbsp;&nbsp;&nbsp;&nbsp; 4870967 | &nbsp;&nbsp;&nbsp;&nbsp; 204747405 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 489941946 |
| Wireless Telecommunication Services – 2.5% |  |  |
| &nbsp;&nbsp;&nbsp; KDDI Corp | &nbsp;&nbsp;&nbsp;&nbsp; 6291600 | &nbsp;&nbsp;&nbsp;&nbsp; 108848292 |
| &nbsp;&nbsp;&nbsp; Tele2 AB | &nbsp;&nbsp;&nbsp;&nbsp; 3959854 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 66464131 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 175312423 |
| Total Common Stocks (cost $5,910,554,849) |  | &nbsp;&nbsp; 6457516332 |
| Preferred Stocks – 2.6% |  |  |
| Automobiles – 0.1% |  |  |
| &nbsp;&nbsp;&nbsp; Hyundai Motor Co | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 35401 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5040162 |
| Technology Hardware, Storage & Peripherals – 2.5% |  |  |
| &nbsp;&nbsp;&nbsp; Samsung Electronics Co Ltd | &nbsp;&nbsp;&nbsp;&nbsp; 2897449 | &nbsp;&nbsp;&nbsp;&nbsp; 177842515 |
| Total Preferred Stocks (cost $127,601,017) |  | &nbsp;&nbsp;&nbsp;&nbsp; 182882677 |
| Investment Companies – 3.9% |  |  |
| Money Markets – 3.9% |  |  |
| &nbsp;&nbsp;&nbsp; Janus Henderson Cash Liquidity Fund LLC, 3.7222%<sup>ºº,</sup><sup>£</sup> (cost $272,805,294) | 272723477 | &nbsp;&nbsp;&nbsp;&nbsp; 272805294 |
| Total Investments (total cost $6,310,961,160) – 98.6% |  | &nbsp;&nbsp; 6913204303 |
| Cash, Receivables and Other Assets, net of Liabilities – 1.4% |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 94898276 |
| Net Assets – 100% |  | $7008102579 |

---

------

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
| ***Summary of Investments by Country - (Long Positions) (unaudited)*** |  |  |
| *Country* | *Value* | &nbsp;&nbsp; *% of* <br>*Investment* <br>*Securities*<br>|
| United States | $1584883493 | &nbsp;&nbsp;&nbsp;&nbsp; 22.9<br> %<br>|
| United Kingdom | 1461293481 | &nbsp;&nbsp;&nbsp;&nbsp;21.1 |
| Spain | 513428188 | &nbsp;&nbsp;&nbsp;&nbsp;7.4 |
| Italy | 438098625 | &nbsp;&nbsp;&nbsp;&nbsp;6.3 |
| Japan | 431878110 | &nbsp;&nbsp;&nbsp;&nbsp;6.2 |
| South Korea | 338495874 | &nbsp;&nbsp;&nbsp;&nbsp;4.9 |
| Canada | 322739429 | &nbsp;&nbsp;&nbsp;&nbsp;4.7 |
| France | 316020335 | &nbsp;&nbsp;&nbsp;&nbsp;4.6 |
| Taiwan | 315556799 | &nbsp;&nbsp;&nbsp;&nbsp;4.6 |
| Switzerland | 276893832 | &nbsp;&nbsp;&nbsp;&nbsp;4.0 |
| Denmark | 184542557 | &nbsp;&nbsp;&nbsp;&nbsp;2.7 |
| Netherlands | 176322616 | &nbsp;&nbsp;&nbsp;&nbsp;2.5 |
| Germany | 136359796 | &nbsp;&nbsp;&nbsp;&nbsp;2.0 |
| Sweden | 122837753 | &nbsp;&nbsp;&nbsp;&nbsp;1.8 |
| Norway | 108906583 | &nbsp;&nbsp;&nbsp;&nbsp;1.6 |
| Finland | 99600518 | &nbsp;&nbsp;&nbsp;&nbsp;1.4 |
| Hong Kong | 60762507 | &nbsp;&nbsp;&nbsp;&nbsp;0.9 |
| Singapore | 24583807 | &nbsp;&nbsp;&nbsp;&nbsp;0.4 |
| Total | $6913204303 | &nbsp;&nbsp;&nbsp;&nbsp; 100.0<br> %<br>|

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| ***Schedule of Affiliated Investments - (% of Net Assets)*** | ***Schedule of Affiliated Investments - (% of Net Assets)*** | ***Schedule of Affiliated Investments - (% of Net Assets)*** | ***Schedule of Affiliated Investments - (% of Net Assets)*** | ***Schedule of Affiliated Investments - (% of Net Assets)*** | ***Schedule of Affiliated Investments - (% of Net Assets)*** | ***Schedule of Affiliated Investments - (% of Net Assets)*** | ***Schedule of Affiliated Investments - (% of Net Assets)*** | ***Schedule of Affiliated Investments - (% of Net Assets)*** |
| *Affiliate* | *Affiliated* <br>*Investments,* <br>*at Value at* <br>*9/30/25*<br>| *Purchases* | *Sales* <br>*Proceeds*<br>| *Realized* <br>*Gain/(Loss)*<br>| *Change in* <br>*Unrealized* <br>*Appreciation/* <br>*Depreciation*<br>| *Affiliated* <br>*Investments,* <br>*at Value at* <br>*12/31/25*<br>| *Ending* <br>*Shares*<br>| *Dividend* <br>*Income*<br>|
| Investment Companies - 3.9% | Investment Companies - 3.9% | Investment Companies - 3.9% | Investment Companies - 3.9% | Investment Companies - 3.9% | Investment Companies - 3.9% | Investment Companies - 3.9% | Investment Companies - 3.9% | Investment Companies - 3.9% |
| Money Markets - 3.9% | Money Markets - 3.9% | Money Markets - 3.9% | Money Markets - 3.9% | Money Markets - 3.9% | Money Markets - 3.9% | Money Markets - 3.9% | Money Markets - 3.9% | Money Markets - 3.9% |
| &nbsp;&nbsp;&nbsp; Janus Henderson Cash Liquidity Fund LLC, 3.7222%<sup>ºº</sup>  | &nbsp;&nbsp;&nbsp; Janus Henderson Cash Liquidity Fund LLC, 3.7222%<sup>ºº</sup>  | &nbsp;&nbsp;&nbsp; Janus Henderson Cash Liquidity Fund LLC, 3.7222%<sup>ºº</sup>  | &nbsp;&nbsp;&nbsp; Janus Henderson Cash Liquidity Fund LLC, 3.7222%<sup>ºº</sup>  | &nbsp;&nbsp;&nbsp; Janus Henderson Cash Liquidity Fund LLC, 3.7222%<sup>ºº</sup>  | &nbsp;&nbsp;&nbsp; Janus Henderson Cash Liquidity Fund LLC, 3.7222%<sup>ºº</sup>  | &nbsp;&nbsp;&nbsp; Janus Henderson Cash Liquidity Fund LLC, 3.7222%<sup>ºº</sup>  | &nbsp;&nbsp;&nbsp; Janus Henderson Cash Liquidity Fund LLC, 3.7222%<sup>ºº</sup>  | &nbsp;&nbsp;&nbsp; Janus Henderson Cash Liquidity Fund LLC, 3.7222%<sup>ºº</sup>  |
|  | &nbsp;&nbsp; $- | &nbsp;&nbsp; $1007594137 | &nbsp;&nbsp; $(734793010) | &nbsp;&nbsp; $4167 | &nbsp;&nbsp; $- | &nbsp;&nbsp; $272805294 | &nbsp;&nbsp; 272723477 | &nbsp;&nbsp; $937728 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | |
|:---|:---|:---|:---|:---|
| ***Schedule of Forward Foreign Currency Exchange Contracts*** | ***Schedule of Forward Foreign Currency Exchange Contracts*** | ***Schedule of Forward Foreign Currency Exchange Contracts*** | ***Schedule of Forward Foreign Currency Exchange Contracts*** | ***Schedule of Forward Foreign Currency Exchange Contracts*** |
| *Counterparty/* <br>*Foreign Currency*<br>| *Settlement* <br>*Date*<br>| &nbsp;&nbsp; *Foreign Currency* <br>*Amount (Sold)/* <br>*Purchased*<br>| &nbsp;&nbsp; *USD Currency* <br>*Amount (Sold)/* <br>*Purchased*<br>| &nbsp;&nbsp; *Market Value and* <br>*Unrealized* <br>*Appreciation/* <br>*(Depreciation)*<br>|
| BNP Paribas: | BNP Paribas: | BNP Paribas: | BNP Paribas: | BNP Paribas: |
| &nbsp;&nbsp;&nbsp; British Pound | 1/20/26 | &nbsp;&nbsp;&nbsp; (402062606) | &nbsp;&nbsp;&nbsp; $537859586 | &nbsp;&nbsp;&nbsp; $(3988115) |
| &nbsp;&nbsp;&nbsp; Euro | 1/20/26 | &nbsp;&nbsp;&nbsp; (623066387) | &nbsp;&nbsp;&nbsp; 732162239 | &nbsp;&nbsp;&nbsp; (571646) |
| Total |  |  |  | &nbsp;&nbsp;&nbsp; $(4559761) |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| **Average Ending Monthly Value of Derivative Instruments During the Period Ended December 31, 2025** | **Average Ending Monthly Value of Derivative Instruments During the Period Ended December 31, 2025** |
| Forward foreign currency exchange contracts: |  |
| Average amounts sold - in USD | $1262602121 |

---

------

**Notes to Schedule of Investments (unaudited)** 

---

| | |
|:---|:---|
| ADR | American Depositary Receipt |
| LLC | Limited Liability Company |
| PLC | Public Limited Company |
| REG | Registered |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| |
|:---|
| &nbsp;&nbsp; Securities sold under Rule 144A of the Securities Act of 1933, as amended, are subject to legal and/or contractual restrictions on resale <br> and may not be publicly sold without registration under the 1933 Act. Unless otherwise noted, these securities have been determined to be <br> liquid under guidelines established by the Board of Trustees. The total value of 144A securities as of the period ended December 31, 2025 <br> is $48,902,688, which represents 0.7% of net assets.<br>|
| Rate shown is the 7-day yield as of December 31, 2025. |
| £&nbsp;&nbsp; The Fund may invest in certain securities that are considered affiliated companies. As defined by the Investment Company Act of 1940, as <br> amended, an affiliated company is one in which the Fund owns 5% or more of the outstanding voting securities, or a company which is <br> under common ownership or control.<br>|

---

The following is a summary of the inputs that were used to value the Fund's investments in securities and other financial

instruments as of December 31, 2025.

---

| | | | |
|:---|:---|:---|:---|
| **Valuation Inputs Summary** | **Valuation Inputs Summary** | **Valuation Inputs Summary** | **Valuation Inputs Summary** |
|  | ***Level 1 -*** <br>***Quoted Prices***<br>| &nbsp;&nbsp; ***Level 2 -*** <br>***Other Significant*** <br>***Observable Inputs***<br>| &nbsp;&nbsp; ***Level 3 -*** <br>***Significant*** <br>***Unobservable Inputs***<br>|
| **Assets** |  |  |  |
| **Investments In Securities:** |  |  |  |
| *Common Stocks* |  |  |  |
| Beverages | $132019383 | &nbsp;&nbsp;&nbsp; $267983193 | &nbsp;&nbsp;&nbsp; $- |
| Capital Markets | 65494961 | &nbsp;&nbsp;&nbsp; 56917680 | &nbsp;&nbsp;&nbsp; - |
| Consumer Finance | 113167191 | &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; - |
| Containers & Packaging | 98866263 | &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; - |
| Insurance | 69445719 | &nbsp;&nbsp;&nbsp; 444047001 | &nbsp;&nbsp;&nbsp; - |
| Metals & Mining | 77636680 | &nbsp;&nbsp;&nbsp; 144784530 | &nbsp;&nbsp;&nbsp; - |
| Oil, Gas & Consumable Fuels | 195886753 | &nbsp;&nbsp;&nbsp; 366920970 | &nbsp;&nbsp;&nbsp; - |
| Pharmaceuticals | 342547110 | &nbsp;&nbsp;&nbsp; 140040001 | &nbsp;&nbsp;&nbsp; - |
| Semiconductor & Semiconductor Equipment | 267164527 | &nbsp;&nbsp;&nbsp; 170979612 | &nbsp;&nbsp;&nbsp; - |
| Specialized Real Estate Investment Trusts (REITs) | 61301516 | &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; - |
| Specialty Retail | 165144666 | &nbsp;&nbsp;&nbsp; 140344495 | &nbsp;&nbsp;&nbsp; - |
| All Other | - | &nbsp;&nbsp;&nbsp; 3136824081 | &nbsp;&nbsp;&nbsp; - |
| *Preferred Stocks* | - | &nbsp;&nbsp;&nbsp; 182882677 | &nbsp;&nbsp;&nbsp; - |
| *Investment Companies* | - | &nbsp;&nbsp;&nbsp; 272805294 | &nbsp;&nbsp;&nbsp; - |
| **Total Assets** | $1588674769 | &nbsp;&nbsp;&nbsp; $5324529534 | &nbsp;&nbsp;&nbsp; $- |
| **Liabilities** |  |  |  |
| **Other Financial Instruments**<sup>(a)</sup>**:** |  |  |  |
| *Forward Foreign Currency Exchange Contracts* | $- | &nbsp;&nbsp;&nbsp; $4559761 | &nbsp;&nbsp;&nbsp; $- |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

&nbsp;&nbsp;&nbsp;&nbsp;(a) Other financial instruments may include forward foreign currency exchange contracts,
 futures, written options, written swaptions, and swap contracts. Forward foreign currency exchange contracts, futures contracts, and centrally
 cleared swap contracts are reported at their unrealized appreciation/(depreciation) at measurement date, which represents the change in the
 contract's value from trade date. Written options, written swaptions, and OTC swaps are reported at their market value at measurement date.

------

**Investment Valuation**

Fund holdings are valued in accordance with policies and procedures established by the Adviser pursuant to Rule 2a-5 under the 1940 Act and approved by and subject to the oversight of the Trustees (the "Valuation Procedures"). Equity securities traded on a domestic securities exchange are generally valued at readily available market quotations, which are (i) the official close prices or (ii) last sale prices on the primary market or exchange in which the securities trade. If such price is lacking for the trading period immediately preceding the time of determination, such securities are generally valued at their current bid price. Equity securities that are traded on a foreign exchange are generally valued at the closing prices on such markets. In the event that there is no current trading volume on a particular security in such foreign exchange, the bid price from the primary exchange is generally used to value the security. Foreign securities and currencies are converted to U.S. dollars using the current spot USD dollar exchange rate in effect at the close of the New York Stock Exchange ("NYSE"). The Adviser will determine the market value of individual securities held by it by using prices provided by one or more Adviser-approved professional pricing services or, as needed, by obtaining market quotations from independent broker-dealers. Most debt securities are valued in accordance with the evaluated bid price supplied by the pricing service that is intended to reflect market value. The evaluated bid price supplied by the pricing service is an evaluation that may consider factors such as security prices, yields, maturities, and ratings. Certain short-term securities maturing within 60 days or less may be evaluated and valued on an amortized cost basis provided that the amortized cost determined approximates market value. Securities for which market quotations or evaluated prices are not readily available or deemed unreliable are valued at fair value determined in good faith by the Adviser pursuant to the Valuation Procedures. Circumstances in which fair valuation may be utilized include, but are not limited to: (i) a significant event that may affect the securities of a single issuer, such as a merger, bankruptcy, or significant issuer-specific development; (ii) an event that may affect an entire market, such as a natural disaster or significant governmental action; (iii) a nonsignificant event such as a market closing early or not opening, or a security trading halt; and (iv) pricing of a non-valued security and a restricted or nonpublic security. Special valuation considerations may apply with respect to "odd-lot" fixed-income transactions which, due to their small size, may receive evaluated prices by pricing services which reflect a large block trade and not what actually could be obtained for the odd-lot position. The value of the securities of other mutual funds held by the Fund, if any, will be calculated using the NAV of such mutual funds, and the prospectuses for such mutual funds explain the circumstances under which they use fair valuation and the effects of using fair valuation. The value of the securities of any cash management pooled investment vehicles that

operate as money market funds held by the Fund, if any, will be calculated using the NAV of such funds.

**Valuation Inputs Summary**

FASB ASC 820, *Fair Value Measurements and Disclosures* ("ASC 820"), defines fair value, establishes a framework for measuring fair value, and expands disclosure requirements regarding fair value measurements. This standard emphasizes that fair value is a market-based measurement that should be determined based on the assumptions that market participants would use in pricing an asset or liability and establishes a hierarchy that prioritizes inputs to valuation techniques used to measure fair value. These inputs are summarized into three broad levels:

Level 1 – Unadjusted quoted prices in active markets the Fund has the ability to access for identical assets or liabilities.

Level 2 – Observable inputs other than unadjusted quoted prices included in Level 1 that are observable for the asset or liability either directly or indirectly. These inputs may include quoted prices for the identical instrument on an inactive market, prices for similar instruments, interest rates, prepayment speeds, credit risk, yield curves, default

rates and similar data.

Assets or liabilities categorized as Level 2 in the hierarchy generally include: debt securities fair valued in accordance with the evaluated bid or ask prices supplied by a pricing service; securities traded on OTC markets and listed securities for which no sales are reported that are fair valued at the latest bid price (or yield equivalent thereof) obtained from one or more dealers transacting in a market for such securities or by a pricing service approved by the Fund's Trustees; certain short-term debt securities with maturities of 60 days or less that are fair valued at amortized cost; and equity securities of foreign issuers whose fair value is determined by using systematic fair valuation models provided by independent third parties in order to adjust for stale pricing which may occur between the close of certain foreign exchanges and the close of the NYSE. Other securities that may be categorized as Level 2 in the hierarchy include, but are not limited to, preferred stocks, bank loans, swaps,

investments in unregistered investment companies, options, and forward contracts.

Level 3 – Unobservable inputs for the asset or liability to the extent that relevant observable inputs are not available, representing the Fund's own assumptions about the assumptions that a market participant would use in valuing the asset or liability, and that would be based on the best information available.

There have been no significant changes in valuation techniques used in valuing any such positions held by the Fund since the beginning of the fiscal period.

------

The inputs or methodology used for fair valuing securities are not necessarily an indication of the risk associated with investing in those securities. The summary of inputs used as of December 31, 2025 to fair value the Fund's investments in securities and other financial instruments is included in the "Valuation Inputs Summary" in the Notes to Schedule of Investments.

------

For additional information on the Fund, please refer to the Fund's most recent semiannual or annual financial

statements.

125-25-70224 02-26

------

## 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 INVESTMENT FUND

- **b. Investment Company Act file number:** 811-01879

- **c. CIK number of Registrant:** 0000277751

- **d. LEI of Registrant:** W6UYDZFUOFJ4HQQ32382

- **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 Global Equity Income Fund

- **b. EDGAR series identifier (if any):** S000057602

- **c. LEI of Series:** 549300LMDPEFBD67P863

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

- **a. Date of fiscal year-end:** 2026-09-30

- **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:** $7020698228.27

**Total Liabilities:** $12595649.87

**Net Assets:** $7008102578.40

**Delayed Delivery Securities:** $2613218.68

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000183893 | 0.57%                | 2.28%                | 2.91%                |
| Class ID C000183894 | 0.44%                | 2.33%                | 2.80%                |
| Class ID C000183895 | 0.58%                | 2.43%                | 2.85%                |
| Class ID C000183896 | 0.71%                | 2.27%                | 2.98%                |
| Class ID C000183897 | 0.71%                | 2.27%                | 3.01%                |
| Class ID C000183899 | 0.58%                | 2.31%                | 2.92%                |
| Class ID C000183900 | 0.58%                | 2.29%                | 2.97%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $29547299.00             | $-33652358.00                              |
| Month 2  | $54533165.00             | $72458759.00                               |
| Month 3  | $85176310.00             | $92363822.00                               |

**Designated Index Information**

- **Index Name:** 85% MSCI ACWI ex-US High Div Yld / 15% MSCI USA High Div Yld Index

- **Index Identifier:** INTRNL-1433447158

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Rio Tinto PLC                                | Rio Tinto PLC ORD GBP0.10                                             | CUSIP: G75754104<br>LEI: 213800YOEO5OQ72G2R82 | Long             | EC               | CORP              | GB        |   1815011 | NS      | $144784530.57 | 2.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Telus Corp.                                  | Telus Corp. COM NPV                                                   | CUSIP: 87971M103<br>LEI: L2TEUTQ8OSHMJWVLCE40 | Long             | EC               | CORP              | CA        |   6412072 | NS      | $84519369.34  | 1.21%             |  |  |  | No            |                  2 | On Loan: No      |
| Taylor Wimpey PLC                            | Taylor Wimpey PLC ORD GBP0.01                                         | CUSIP: G86954107<br>LEI: 21380089BTRXTD8S3R66 | Long             | EC               | CORP              | GB        |  29115946 | NS      | $42150114.19  | 0.60%             |  |  |  | No            |                  2 | On Loan: No      |
| Manulife Financial Corporation               | Manulife Financial Corporation COM NPV                                | CUSIP: 56501R106<br>LEI: 5493007GBX87QOZACS27 | Long             | EC               | CORP              | CA        |   3845247 | NS      | $139643770.39 | 1.99%             |  |  |  | No            |                  2 | On Loan: No      |
| Telenor ASA                                  | Telenor ASA ORD NOK6                                                  | CUSIP: R21882106<br>LEI: 549300IM1QSBY4SLPM26 | Long             | EC               | CORP              | NO        |   3005648 | NS      | $43772539.72  | 0.62%             |  |  |  | No            |                  2 | On Loan: No      |
| Merck & Co., Inc                             | Merck & Co., Inc COM USD0.50                                          | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |   1365343 | NS      | $143716004.18 | 2.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Telia Company AB                             | Telia Company AB NPV                                                  | CUSIP: W95890104<br>LEI: 213800FSR9RNDUOTXO25 | Long             | EC               | CORP              | SE        |  13191231 | NS      | $56373622.26  | 0.80%             |  |  |  | No            |                  2 | On Loan: No      |
| Publicis Groupe SA                           | Publicis Groupe SA EUR0.40                                            | CUSIP: F7607Z165<br>LEI: 2138004KW8BV57III342 | Long             | EC               | CORP              | FR        |    697021 | NS      | $72303760.90  | 1.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Siemens AG                                   | Siemens AG NPV(REGD)                                                  | CUSIP: D69671218<br>LEI: W38RGI023J3WT1HWRP32 | Long             | EC               | CORP              | DE        |    485590 | NS      | $136359796.04 | 1.95%             |  |  |  | No            |                  2 | On Loan: No      |
| MediaTek Inc.                                | MediaTek Inc. TWD10                                                   | CUSIP: Y5945U103<br>LEI: 254900UEGBK1I4DM4E14 | Long             | EC               | CORP              | TW        |   3773000 | NS      | $170979612.00 | 2.44%             |  |  |  | No            |                  2 | On Loan: No      |
| Metso Oyj                                    | Metso Oyj NPV                                                         | CUSIP: X5404W104<br>LEI: 549300R0VN9C371W0E07 | Long             | EC               | CORP              | FI        |   2444454 | NS      | $42644544.20  | 0.61%             |  |  |  | No            |                  2 | On Loan: No      |
| Tele2 AB (publ)                              | Tele2 AB (publ) SER'B'NPV                                             | CUSIP: W95878166<br>LEI: 213800EKD193RVI9HL76 | Long             | EC               | CORP              | SE        |   3959854 | NS      | $66464131.26  | 0.95%             |  |  |  | No            |                  2 | On Loan: No      |
| Sumitomo Mitsui Financial Group Inc.         | Sumitomo Mitsui Financial Group Inc. NPV                              | CUSIP: J7771X109<br>LEI: 35380028MYWPB6AUO129 | Long             | EC               | CORP              | JP        |   2148400 | NS      | $69151561.76  | 0.99%             |  |  |  | No            |                  2 | On Loan: No      |
| Samsung Electronics Co Ltd.                  | Samsung Electronics Co Ltd. N/VTG PFD KRW100                          | CUSIP: Y74718118<br>LEI: 9884007ER46L6N7EI764 | Long             | EP               | CORP              | KR        |   2897449 | NS      | $177842515.28 | 2.54%             |  |  |  | No            |                  2 | On Loan: No      |
| Swire Pacific Ltd.                           | Swire Pacific Ltd. 'A' NPV                                            | CUSIP: Y83310105<br>LEI: 549300KZOZHII0DGF611 | Long             | EC               | CORP              | HK        |   7555000 | NS      | $60762507.20  | 0.87%             |  |  |  | No            |                  2 | On Loan: No      |
| Roche Holding AG                             | Roche Holding AG GENUSSCHEINE NPV                                     | CUSIP: H69293217<br>LEI: 549300U41AUUVOAAOB37 | Long             | EP               | CORP              | CH        |    169110 | NS      | $69905413.02  | 1.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Pfizer Inc.                                  | Pfizer Inc. COM USD0.05                                               | CUSIP: 717081103<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | EC               | CORP              | US        |   7985185 | NS      | $198831106.50 | 2.84%             |  |  |  | No            |                  1 | On Loan: No      |
| The Progressive Corporation                  | The Progressive Corporation COM USD1.00                               | CUSIP: 743315103<br>LEI: 529900TACNVLY9DCR586 | Long             | EC               | CORP              | US        |    304961 | NS      | $69445718.92  | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Diageo PLC                                   | Diageo PLC ORD GBP0.28 101/108                                        | CUSIP: G42089113<br>LEI: 213800ZVIELEA55JMJ32 | Long             | EC               | CORP              | GB        |   6086971 | NS      | $131094132.04 | 1.87%             |  |  |  | No            |                  2 | On Loan: No      |
| DBS Group Holdings Ltd.                      | DBS Group Holdings Ltd. NPV                                           | CUSIP: Y20246107<br>LEI: 5493007FKT78NKPM5V55 | Long             | EC               | CORP              | SG        |    561600 | NS      | $24583807.08  | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| Taiwan Semiconductor Manufacturing Co., Ltd. | Taiwan Semiconductor Manufacturing Co., Ltd. SPON ADS REP 5 ORD TWD10 | CUSIP: 874039100<br>LEI: 549300KB6NK5SBD14S87 | Long             |  | CORP              | US        |    475755 | NS      | $144577186.95 | 2.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Texas Instruments Inc.                       | Texas Instruments Inc. COM USD1.00                                    | CUSIP: 882508104<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | EC               | CORP              | US        |    706596 | NS      | $122587340.04 | 1.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Daiichi Life Group Inc.                      | Daiichi Life Group Inc. NPV                                           | CUSIP: J09748112<br>LEI: 549300ZUFXI7JXZVTZ25 | Long             | EC               | CORP              | JP        |   7967600 | NS      | $66157240.41  | 0.94%             |  |  |  | No            |                  2 | On Loan: No      |
| Vici Properties Inc                          | Vici Properties Inc COM USD0.01                                       | CUSIP: 925652109<br>LEI: 254900RKH6RY9KCJQH63 | Long             | EC               | CORP              | US        |   2179997 | NS      | $61301515.64  | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Williams Companies Inc. (The)                | Williams Companies Inc. (The) COM USD1.00                             | CUSIP: 969457100<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | EC               | CORP              | US        |   1055731 | NS      | $63459990.41  | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                          | Sell GBP / Buy USD                                                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |         1 | NC      | $-3988114.69  | -0.06%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                          | Sell EUR / Buy USD                                                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |         1 | NC      | $-571646.51   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Samsung Life Insurance Co Ltd.               | Samsung Life Insurance Co Ltd. KRW500                                 | CUSIP: Y74860100<br>LEI: 988400VYE6E0WYSM4S92 | Long             | EC               | CORP              | KR        |    573775 | NS      | $62494548.20  | 0.89%             |  |  |  | No            |                  2 | On Loan: No      |
| TotalEnergies SE                             | TotalEnergies SE EUR2.5                                               | CUSIP: F92124100<br>LEI: 529900S21EQ1BO4ESM68 | Long             | EC               | CORP              | FR        |   3118046 | NS      | $203210636.81 | 2.90%             |  |  |  | No            |                  2 | On Loan: No      |
| Pembina Pipeline Corporation                 | Pembina Pipeline Corporation COM NPV                                  | CUSIP: 706327103<br>LEI: 5493002W3L9YICM6FU21 | Long             | EC               | CORP              | CA        |   2587227 | NS      | $98576289.59  | 1.41%             |  |  |  | No            |                  2 | On Loan: No      |
| Phoenix Group Holdings PLC                   | Phoenix Group Holdings PLC ORD GBP0.10                                | CUSIP: G7S8MZ109<br>LEI: 2138001P49OLAEU33T68 | Long             | EC               | CORP              | GB        |   9186403 | NS      | $90540406.25  | 1.29%             |  |  |  | No            |                  2 | On Loan: No      |
| Var Energi ASA                               | Var Energi ASA NOK0.16                                                | CUSIP: R9796N109<br>LEI: 549300LIVN3FFOJN2K47 | Long             | EC               | CORP              | NO        |  19924615 | NS      | $65134042.85  | 0.93%             |  |  |  | No            |                  2 | On Loan: No      |
| Unilever PLC                                 | Unilever PLC ORD GBP0.035                                             | CUSIP: G92087348<br>LEI: 549300MKFYEKVRWML317 | Long             | EC               | CORP              | NL        |   1920198 | NS      | $125852105.32 | 1.80%             |  |  |  | No            |                  2 | On Loan: No      |
| UniCredit S.p.A.                             | UniCredit S.p.A. NPV                                                  | CUSIP: T9T23L642<br>LEI: 549300TRUWO2CD2G5692 | Long             | EC               | CORP              | IT        |   1703761 | NS      | $141427145.14 | 2.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Legal & General Group PLC                    | Legal & General Group PLC ORD GBP0.025                                | CUSIP: G54404127<br>LEI: 213800JH9QQWHLO99821 | Long             | EC               | CORP              | GB        |  20534059 | NS      | $72089405.84  | 1.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Mizuho Financial Group Inc.                  | Mizuho Financial Group Inc. NPV                                       | CUSIP: J4599L102<br>LEI: 353800CI5L6DDAN5XZ33 | Long             | EC               | CORP              | JP        |   1877600 | NS      | $68187554.34  | 0.97%             |  |  |  | No            |                  2 | On Loan: No      |
| OneMain Holdings Inc.                        | OneMain Holdings Inc. USD0.01                                         | CUSIP: 68268W103<br>LEI: 549300E3VEW8SMS5XW09 | Long             | EC               | CORP              | US        |   1675310 | NS      | $113167190.50 | 1.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Novartis AG                                  | Novartis AG CHF0.49 (REGD)                                            | CUSIP: H5820Q150<br>LEI: 5493007HIVTX6SY6XD66 | Long             | EC               | CORP              | CH        |    507585 | NS      | $70134587.65  | 1.00%             |  |  |  | No            |                  2 | On Loan: No      |
| National Grid PLC                            | National Grid PLC ORD GBP0.12431289                                   | CUSIP: G6S9A7120<br>LEI: 8R95QZMKZLJX5Q2XR704 | Long             | EC               | CORP              | GB        |    412530 | NS      | $6356409.82   | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| British Land Company PLC                     | British Land Company PLC ORD GBP0.25                                  | CUSIP: G15540118<br>LEI: RV5B68J2GV3QGMRPW209 | Long             | EC               | CORP              | GB        |  14798940 | NS      | $80029410.84  | 1.14%             |  |  |  | No            |                  2 | On Loan: No      |
| British American Tobacco PLC                 | British American Tobacco PLC ORD GBP0.25                              | CUSIP: G1510J102<br>LEI: 213800FKA5MF17RJKT63 | Long             | EC               | CORP              | GB        |   5032770 | NS      | $285194541.46 | 4.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Imperial Brands PLC                          | Imperial Brands PLC GBP0.10                                           | CUSIP: G4720C107<br>LEI: 549300DFVPOB67JL3A42 | Long             | EC               | CORP              | GB        |   4870967 | NS      | $204747404.51 | 2.92%             |  |  |  | No            |                  2 | On Loan: No      |
| HSBC Holdings PLC                            | HSBC Holdings PLC ORD USD0.50                                         | CUSIP: G4634U169<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | EC               | CORP              | GB        |   9388098 | NS      | $147158357.68 | 2.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Best Buy Co Inc.                             | Best Buy Co Inc. COM USD0.10                                          | CUSIP: 086516101<br>LEI: HL5XPTVRV0O8TUN5LL90 | Long             | EC               | CORP              | US        |   1250560 | NS      | $83699980.80  | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| CME Group Inc.                               | CME Group Inc. COM USD0.01                                            | CUSIP: 12572Q105<br>LEI: LCZ7XYGSLJUHFXXNXD88 | Long             | EC               | CORP              | US        |    239838 | NS      | $65494961.04  | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Chevron Corp.                                | Chevron Corp. COM USD0.75                                             | CUSIP: 166764100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    868885 | NS      | $132426762.85 | 1.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Freeport-McMoRan Inc.                        | Freeport-McMoRan Inc. COM USD0.10                                     | CUSIP: 35671D857<br>LEI: 549300IRDTHJQ1PVET45 | Long             | EC               | CORP              | US        |   1528582 | NS      | $77636679.78  | 1.11%             |  |  |  | No            |                  1 | 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        |     53733 | NS      | $40505937.50  | 0.58%             |  |  |  | No            |                  2 | On Loan: No      |
| Intesa Sanpaolo S.p.A.                       | Intesa Sanpaolo S.p.A. NPV                                            | CUSIP: T55067101<br>LEI: 2W8N8UU78PMDQKZENC08 | Long             | EC               | CORP              | IT        |  15270402 | NS      | $105752428.78 | 1.51%             |  |  |  | No            |                  2 | On Loan: No      |
| Carlsberg A/S                                | Carlsberg A/S SER'B'DKK20                                             | CUSIP: K36628137<br>LEI: 5299001O0WJQYB5GYZ19 | Long             | EC               | CORP              | DK        |   1044119 | NS      | $136889061.17 | 1.95%             |  |  |  | No            |                  2 | On Loan: No      |
| Home Depot Inc.                              | Home Depot Inc. COM USD0.05                                           | CUSIP: 437076102<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | EC               | CORP              | US        |    236689 | NS      | $81444684.90  | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Banco Bilbao Vizcaya Argentaria SA           | Banco Bilbao Vizcaya Argentaria SA EUR0.49                            | CUSIP: E11805103<br>LEI: K8MS7FD7N5Z2WQ51AZ71 | Long             | EC               | CORP              | ES        |   3348160 | NS      | $78307393.94  | 1.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Banco Santander SA                           | Banco Santander SA EUR0.50(REGD)                                      | CUSIP: E19790109<br>LEI: 5493006QMFDDMYWIAM13 | Long             | EC               | CORP              | ES        |   6486682 | NS      | $76113852.05  | 1.09%             |  |  |  | No            |                  2 | On Loan: No      |
| DB Insurance Co Ltd.                         | DB Insurance Co Ltd. KRW500                                           | CUSIP: Y2096K109<br>LEI: 9884000ZF26VNJBWSJ91 | Long             | EC               | CORP              | KR        |    144546 | NS      | $13121629.82  | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| KDDI Corp                                    | KDDI Corp NPV                                                         | CUSIP: J31843105<br>LEI: 5299003FU7V4I45FU310 | Long             | EC               | CORP              | JP        |   6291600 | NS      | $108848291.46 | 1.55%             |  |  |  | No            |                  2 | On Loan: No      |
| Hyundai Motor Co.                            | Hyundai Motor Co. PFD N/VTG KRW5000                                   | CUSIP: Y38472133<br>LEI: 9884004RQX8PRBXQ8S60 | Long             | EP               | CORP              | KR        |     35401 | NS      | $5040162.05   | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Hyundai Motor Co.                            | Hyundai Motor Co. KRW5000                                             | CUSIP: Y38472109<br>LEI: 9884004RQX8PRBXQ8S60 | Long             | EC               | CORP              | KR        |    390640 | NS      | $79997019.45  | 1.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Komatsu Ltd.                                 | Komatsu Ltd. NPV                                                      | CUSIP: J35759125<br>LEI: 5493004LQ0B4T7QPQV17 | Long             | EC               | CORP              | JP        |   3738800 | NS      | $119533460.78 | 1.71%             |  |  |  | No            |                  2 | On Loan: No      |
| Enel S.p.A.                                  | Enel S.p.A. EUR1                                                      | CUSIP: T3679P115<br>LEI: WOCMU6HCI0OJWNPRZS33 | Long             | EC               | CORP              | IT        |  13631503 | NS      | $142016362.71 | 2.03%             |  |  |  | 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        | 272723477 | NS      | $272805294.44 | 3.89%             |  |  |  | No            |                  2 | On Loan: No      |
| IG Group Holdings PLC                        | IG Group Holdings PLC ORD GBP0.00005                                  | CUSIP: G4753Q106<br>LEI: 2138003A5Q1M7ANOUD76 | Long             | EC               | CORP              | GB        |   3211526 | NS      | $56917679.66  | 0.81%             |  |  |  | No            |                  2 | On Loan: No      |
| Banco de Sabadell SA                         | Banco de Sabadell SA EUR0.125                                         | CUSIP: E15819191<br>LEI: SI5RG2M0WQQLZCXKRM20 | Long             | EC               | CORP              | ES        |  36774966 | NS      | $144197790.93 | 2.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Iberdrola, S.A.                              | Iberdrola, S.A. EUR0.75                                               | CUSIP: E6165F166<br>LEI: 5QK37QC7NWOJ8D7WVQ45 | Long             | EC               | CORP              | ES        |   3440538 | NS      | $74464655.74  | 1.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Coloplast AS                                 | Coloplast AS SER'B'DKK1                                               | CUSIP: K16018192<br>LEI: 529900NN7SOJ5QG82X67 | Long             | EC               | CORP              | DK        |    555111 | NS      | $47653495.85  | 0.68%             |  |  |  | No            |                  2 | On Loan: No      |
| Compagnie Financiere Richemont Sa            | Compagnie Financiere Richemont Sa CHF1 (REGD)                         | CUSIP: H25662182<br>LEI: 549300YIPGJ6UX2QPS51 | Long             | EC               | CORP              | CH        |    633962 | NS      | $136853830.66 | 1.95%             |  |  |  | No            |                  2 | On Loan: No      |
| Koninklijke Ahold Delhaize NV                | Koninklijke Ahold Delhaize NV EUR0.01                                 | CUSIP: N0074E105<br>LEI: 724500C9GNBV20UYRX36 | Long             | EC               | CORP              | NL        |   1230707 | NS      | $50470511.13  | 0.72%             |  |  |  | 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        |   2130794 | NS      | $140344495.69 | 2.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Elisa OYJ                                    | Elisa OYJ NPV                                                         | CUSIP: X1949T102<br>LEI: 743700TU2S3DXWGU7H32 | Long             | EC               | CORP              | FI        |   1283470 | NS      | $56955974.18  | 0.81%             |  |  |  | No            |                  2 | On Loan: No      |
| Land Securities Group PLC                    | Land Securities Group PLC ORD GBP0.106666666                          | CUSIP: G5375M142<br>LEI: 213800V8IAVKS37D6B88 | Long             | EC               | CORP              | GB        |   8197502 | NS      | $68211705.36  | 0.97%             |  |  |  | No            |                  2 | On Loan: No      |
| Infrastrutture Wireless Italiane SpA         | Infrastrutture Wireless Italiane SpA NPV                              | CUSIP: T6032P102<br>LEI: 81560066183FE361C071 | Long             | EC               | CORP              | IT        |   5277620 | NS      | $48902687.76  | 0.70%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Amcor PLC                                    | Amcor PLC COM USD0.01                                                 | CUSIP: G0250X107<br>LEI: 549300GSODGFCDQ3DI89 | Long             | EC               | CORP              | US        |  11854468 | NS      | $98866263.12  | 1.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Coca-Cola Europacific Partners PLC           | Coca-Cola Europacific Partners PLC COM EUR0.01                        | CUSIP: G25839104<br>LEI: 549300LTH67W4GWMRF57 | Long             | EC               | CORP              | US        |   1455561 | NS      | $132019382.70 | 1.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Canada Dollar Cash Balance                   | Canada Dollar Cash Balance                                            | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | CA        |   1561391 | OU      | $1561391.49   | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Euro Member Countries Cash Balance           | Euro Member Countries Cash Balance                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | XX        |    793117 | OU      | $793116.52    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| United Kingdom Pound Cash Balance            | United Kingdom Pound Cash Balance                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | GB        |   1952284 | OU      | $1952283.57   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Korea (South) Won Cash Balance               | Korea (South) Won Cash Balance                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | KR        | 830779950 | OU      | $830779950.00 | 11.85%            |  |  |  | No            |                  1 | On Loan: No      |

### Signature

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

**Name of Applicant:** JANUS INVESTMENT FUND

**Signature:** JESPER NERGAARD

**Name of Signer:** JESPER NERGAARD

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