# EDGAR Filing Document

**Accession Number:** 0000906185
**File Stem:** 0001145549-25-057307
**Filing Date:** 2025-8
**Character Count:** 29513
**Document Hash:** 3e40ad0b71f102661585985bd8620553
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001145549-25-057307.hdr.sgml**: 20250829

**ACCESSION NUMBER**: 0001145549-25-057307

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250829

**DATE AS OF CHANGE**: 20250829

**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:** 251279167

**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 Mid Cap Value Portfolio (Series ID: S000010397)

| Class ID   | Class Name           | Ticker Symbol   |
|:---|:---|:---|
| C000028722 | Service Shares       |  |
| C000028723 | Institutional Shares | JAMVX           |

## 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 Mid Cap Value Portfolio

- **b. EDGAR series identifier (if any):** S000010397

- **c. LEI of Series:** EXUQ8LANRQOCBZU5LU30

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

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

- **b. Date as of which information is reported:** 2025-06-30

**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:** $114616448.91

**Total Liabilities:** $144197.06

**Net Assets:** $114472251.85

**Cash Not Reported:** $84130.04

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000028722 | -3.58%               | 3.41%                | 3.32%                |
| Class ID C000028723 | -3.62%               | 3.47%                | 3.36%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-515642.00              | $-3518052.00                               |
| Month 2  | $-887968.00              | $4440634.00                                |
| Month 3  | $-1250156.00             | $4963387.00                                |

**Designated Index Information**

- **Index Name:** Russell MidCap Value Index

- **Index Identifier:** RUSSELL.MC.RMV

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Jefferies Financial Group Inc              | Jefferies Financial Group Inc COM USD1.00              | CUSIP: 47233W109<br>LEI: 549300HOF34RGOJ5YL07 | Long             | EC               | CORP              | US        |     12709 | NS      | $695055.21    | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Keurig Dr Pepper Inc                       | Keurig Dr Pepper Inc COM USD0.01                       | CUSIP: 49271V100<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | EC               | CORP              | US        |     19339 | NS      | $639347.34    | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Casey'S General Stores Inc.                | Casey'S General Stores Inc. COM NPV                    | CUSIP: 147528103<br>LEI: 549300CAFWSI86V66Q65 | Long             | EC               | CORP              | US        |      6340 | NS      | $3235111.80   | 2.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Expand Energy Corp.                        | Expand Energy Corp. COM                                | CUSIP: 165167735<br>LEI: X2MT1W32SPAZ9WSKLE78 | Long             | EC               | CORP              | US        |     24083 | NS      | $2816266.02   | 2.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Corteva Inc                                | Corteva Inc COM USD0.01                                | CUSIP: 22052L104<br>LEI: 549300WZN9I2QKLS0O94 | Long             | EC               | CORP              | US        |     24193 | NS      | $1803104.29   | 1.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Cullen/Frost Bankers, Inc.                 | Cullen/Frost Bankers, Inc. COM USD0.01                 | CUSIP: 229899109<br>LEI: 529900V2E9G9AY665O34 | Long             | EC               | CORP              | US        |      9192 | NS      | $1181539.68   | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Electronic Arts Inc.                       | Electronic Arts Inc. COM USD0.01                       | CUSIP: 285512109<br>LEI: 549300O7A67PUEYKDL45 | Long             | EC               | CORP              | US        |      6741 | NS      | $1076537.70   | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Entergy Corporation                        | Entergy Corporation COM USD0.01                        | CUSIP: 29364G103<br>LEI: 4XM3TW50JULSLG8BNC79 | Long             | EC               | CORP              | US        |     27479 | NS      | $2284054.48   | 2.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Equity Lifestyle Properties Inc            | Equity Lifestyle Properties Inc COM USD0.01            | CUSIP: 29472R108<br>LEI: 529900PEQG66LENB6798 | Long             | EC               | CORP              | US        |     17729 | NS      | $1093347.43   | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity National Information Services Inc | Fidelity National Information Services Inc COM USD0.01 | CUSIP: 31620M106<br>LEI: 6WQI0GK1PRFVBA061U48 | Long             | EC               | CORP              | US        |     16726 | NS      | $1361663.66   | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Fox Corporation                            | Fox Corporation COM USD0.01 CL B                       | CUSIP: 35137L204<br>LEI: 549300DDU6FDRBIELS05 | Long             | EC               | CORP              | US        |     30967 | NS      | $1598826.21   | 1.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Freeport-McMoRan Inc.                      | Freeport-McMoRan Inc. COM USD0.10                      | CUSIP: 35671D857<br>LEI: 549300IRDTHJQ1PVET45 | Long             | EC               | CORP              | US        |     64501 | NS      | $2796118.35   | 2.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Globus Med Inc                             | Globus Med Inc COM USD0.001 CL 'A'                     | CUSIP: 379577208<br>LEI: 5299003M2P4CIK0RF205 | Long             | EC               | CORP              | US        |     22555 | NS      | $1331196.10   | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Graphic Packaging Holding Company          | Graphic Packaging Holding Company COM STK USD0.01      | CUSIP: 388689101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     63795 | NS      | $1344160.65   | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| The Hartford Insurance Group Inc.          | The Hartford Insurance Group Inc. COM USD0.01          | CUSIP: 416515104<br>LEI: IU7C3FTM7Y3BQM112U94 | Long             | EC               | CORP              | US        |     19517 | NS      | $2476121.79   | 2.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Hershey Co. (The)                          | Hershey Co. (The) COM USD1.00                          | CUSIP: 427866108<br>LEI: 21X2CX66SU2BR6QTAD08 | Long             | EC               | CORP              | US        |      3100 | NS      | $514445.00    | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Hologic Inc                                | Hologic Inc COM USD0.01                                | CUSIP: 436440101<br>LEI: 549300DYP6F5ZJL0LB74 | Long             | EC               | CORP              | US        |     10596 | NS      | $690435.36    | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Humana Inc.                                | Humana Inc. COM USD0.166                               | CUSIP: 444859102<br>LEI: 529900YLDW34GJAO4J06 | Long             | EC               | CORP              | US        |      1640 | NS      | $400947.20    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Everest Group Ltd                          | Everest Group Ltd COM USD0.01                          | CUSIP: G3223R108<br>LEI: 549300N24XF2VV0B3570 | Long             | EC               | CORP              | US        |      6724 | NS      | $2285151.40   | 2.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Fabrinet                                   | Fabrinet COM USD0.01                                   | CUSIP: G3323L100<br>LEI: 5493004TETZ6IYF7CV44 | Long             | EC               | CORP              | US        |      3694 | NS      | $1088547.92   | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Icon PLC                                   | Icon PLC ORD EUR0.06                                   | CUSIP: G4705A100<br>LEI: 6354008SRQGEMC4XFI67 | Long             | EC               | CORP              | US        |      8285 | NS      | $1205053.25   | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| CDW Corp                                   | CDW Corp COM USD0.01                                   | CUSIP: 12514G108<br>LEI: 9845001B052ABF0B6755 | Long             | EC               | CORP              | US        |      4507 | NS      | $804905.13    | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Canadian Pacific Kansas City Ltd.          | Canadian Pacific Kansas City Ltd. COM                  | CUSIP: 13646K108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     19595 | NS      | $1553295.65   | 1.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Carlisle Companies Inc.                    | Carlisle Companies Inc. COM USD1                       | CUSIP: 142339100<br>LEI: XR64VGX1ZPX6G7ZN7Z11 | Long             | EC               | CORP              | US        |      5563 | NS      | $2077224.20   | 1.81%             |  |  |  | No            |                  1 | On Loan: No      |
| ConocoPhillips                             | ConocoPhillips COM USD0.01                             | CUSIP: 20825C104<br>LEI: WPTL2Z3FIYTHSP5V2253 | Long             | EC               | CORP              | US        |     20417 | NS      | $1832221.58   | 1.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Agree Realty Corp                          | Agree Realty Corp COM USD0.0001                        | CUSIP: 008492100<br>LEI: 98450090H010B37OEB68 | Long             | EC               | CORP              | US        |     34133 | NS      | $2493756.98   | 2.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Alliant Energy Corporation                 | Alliant Energy Corporation COM USD0.01                 | CUSIP: 018802108<br>LEI: 5493009ML300G373MZ12 | Long             | EC               | CORP              | US        |     46426 | NS      | $2807380.22   | 2.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Ally Financial Inc.                        | Ally Financial Inc. COM USD0.01                        | CUSIP: 02005N100<br>LEI: 549300JBN1OSM8YNAI90 | Long             | EC               | CORP              | US        |     58863 | NS      | $2292713.85   | 2.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Ametek, Inc.                               | Ametek, Inc. COM USD0.01                               | CUSIP: 031100100<br>LEI: 549300WZDEF9KKE40E98 | Long             | EC               | CORP              | US        |      9324 | NS      | $1687271.04   | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Arrow Electronics, Inc.                    | Arrow Electronics, Inc. COM USD1                       | CUSIP: 042735100<br>LEI: 549300YNNLBXT8N8R512 | Long             | EC               | CORP              | US        |      5993 | NS      | $763687.99    | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Autozone, Inc.                             | Autozone, Inc. COM USD0.01                             | CUSIP: 053332102<br>LEI: GA3JGKJ41LJKXDN23E90 | Long             | EC               | CORP              | US        |       426 | NS      | $1581409.98   | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |
| BWX Technologies Inc.                      | BWX Technologies Inc. COM USD0.01                      | CUSIP: 05605H100<br>LEI: 549300NP85N265KWMS58 | Long             | EC               | CORP              | US        |     17302 | NS      | $2492526.12   | 2.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Baker Hughes Company                       | Baker Hughes Company COM USD0.0001 CL A                | CUSIP: 05722G100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     16038 | NS      | $614896.92    | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Ball Corporation                           | Ball Corporation COM NPV                               | CUSIP: 058498106<br>LEI: 0BGI85ALH27ZJP15DY16 | Long             | EC               | CORP              | US        |     36370 | NS      | $2039993.30   | 1.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Bath & Body Works Inc                      | Bath & Body Works Inc COM                              | CUSIP: 070830104<br>LEI: GR3KVMWVCR54YWQNXU90 | Long             | EC               | CORP              | US        |     62441 | NS      | $1870732.36   | 1.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Boot Barn Holdings Inc                     | Boot Barn Holdings Inc COM USD0.0001                   | CUSIP: 099406100<br>LEI: 529900QE1BFMYA3N4E71 | Long             | EC               | CORP              | US        |      4227 | NS      | $642504.00    | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Burlington Stores Inc.                     | Burlington Stores Inc. COM USD0.0001                   | CUSIP: 122017106<br>LEI: 5299003Z37DVGKKC1W09 | Long             | EC               | CORP              | US        |      3450 | NS      | $802608.00    | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| CBRE Group Inc.                            | CBRE Group Inc. COM USD0.01 CLASS A                    | CUSIP: 12504L109<br>LEI: 52990016II9MJ2OSWA10 | Long             | EC               | CORP              | US        |     10728 | NS      | $1503207.36   | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Cardinal Health, Inc.                      | Cardinal Health, Inc. COM NPV                          | CUSIP: 14149Y108<br>LEI: CCU46N3GJMF4OK4N7U60 | Long             | EC               | CORP              | US        |      6492 | NS      | $1090656.00   | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| 3M Company                                 | 3M Company COM USD0.01                                 | CUSIP: 88579Y101<br>LEI: LUZQVYP4VS22CLWDAR65 | Long             | EC               | CORP              | US        |     11656 | NS      | $1774509.44   | 1.55%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                        | ING Financial Markets LLC                              | CUSIP: N/A<br>LEI: N/A                        | Long             | RA               | CORP              | US        |   3400000 | PA      | $3400000.00   | 2.97%             |  |  |  | No            |                  2 | On Loan: No      |
| AXIS Capital Holdings Limited              | AXIS Capital Holdings Limited COM USD0.0125            | CUSIP: G0692U109<br>LEI: 635400VD2NQBYAHMEM55 | Long             | EC               | CORP              | US        |     21342 | NS      | $2215726.44   | 1.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Saia Inc                                   | Saia Inc COM USD0.001                                  | CUSIP: 78709Y105<br>LEI: 549300WNPG4N9GBOYB29 | Long             | EC               | CORP              | US        |      3160 | NS      | $865808.40    | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Selective Insurance Group Inc.             | Selective Insurance Group Inc. COM USD2                | CUSIP: 816300107<br>LEI: 549300R3WGJWLE40R258 | Long             | EC               | CORP              | US        |     22568 | NS      | $1955517.20   | 1.71%             |  |  |  | No            |                  1 | On Loan: No      |
| STAG Industrial, Inc.                      | STAG Industrial, Inc. COM USD0.01                      | CUSIP: 85254J102<br>LEI: 549300QWYX2W6FASVQ07 | Long             | EC               | CORP              | US        |     34247 | NS      | $1242481.16   | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Target Corp.                               | Target Corp. COM STK USD0.0833                         | CUSIP: 87612E106<br>LEI: 8WDDFXB5T1Z6J0XC1L66 | Long             | EC               | CORP              | US        |      3361 | NS      | $331562.65    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Keysight Technologies, Inc.                | Keysight Technologies, Inc. COM USD0.01 WD             | CUSIP: 49338L103<br>LEI: 549300GLKVIO8YRCYN02 | Long             | EC               | CORP              | US        |      4634 | NS      | $759327.24    | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Kirby Corp                                 | Kirby Corp COM USD0.10                                 | CUSIP: 497266106<br>LEI: I7NO6FZO5GUCG585T325 | Long             | EC               | CORP              | US        |     20006 | NS      | $2268880.46   | 1.98%             |  |  |  | No            |                  1 | On Loan: No      |
| LKQ Corporation                            | LKQ Corporation COM USD0.01                            | CUSIP: 501889208<br>LEI: DS830JTTZQN6GK0I2E41 | Long             | EC               | CORP              | US        |     52258 | NS      | $1934068.58   | 1.69%             |  |  |  | No            |                  1 | On Loan: No      |
| L3 Harris Technologies Inc                 | L3 Harris Technologies Inc COM USD1.00                 | CUSIP: 502431109<br>LEI: 549300UTE50ZMDBG8A20 | Long             | EC               | CORP              | US        |      8516 | NS      | $2136153.44   | 1.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Labcorp Holdings Inc                       | Labcorp Holdings Inc COM SHS                           | CUSIP: 504922105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6204 | NS      | $1628612.04   | 1.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Lamar Advertising Company                  | Lamar Advertising Company COM USD0.001 CL A            | CUSIP: 512816109<br>LEI: 529900Y8WW4MKVPTB543 | Long             | EC               | CORP              | US        |     17175 | NS      | $2084358.00   | 1.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Lamb Weston Holdings Inc                   | Lamb Weston Holdings Inc COM USD1.00                   | CUSIP: 513272104<br>LEI: 5493005SMYID1D2OY946 | Long             | EC               | CORP              | US        |     30819 | NS      | $1597965.15   | 1.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Landstar System Inc.                       | Landstar System Inc. COM USD0.01                       | CUSIP: 515098101<br>LEI: 254900CUQXQRL09MEI52 | Long             | EC               | CORP              | US        |      5625 | NS      | $781987.50    | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Lazard Inc                                 | Lazard Inc COM                                         | CUSIP: 52110M109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     41081 | NS      | $1971066.38   | 1.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Lincoln Electric Holdings Inc.             | Lincoln Electric Holdings Inc. COM NPV                 | CUSIP: 533900106<br>LEI: BIMGBY40SIN95O01BN93 | Long             | EC               | CORP              | US        |      8130 | NS      | $1685511.60   | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Littelfuse Inc.                            | Littelfuse Inc. COM USD0.01                            | CUSIP: 537008104<br>LEI: 549300MY7HLQFYTPCX75 | Long             | EC               | CORP              | US        |      6673 | NS      | $1512969.29   | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| MSC Industrial Direct Co Inc.              | MSC Industrial Direct Co Inc. CL A COM USD0.001        | CUSIP: 553530106<br>LEI: 0XVKH0LN6YGOWO2EGO17 | Long             | EC               | CORP              | US        |     14407 | NS      | $1224883.14   | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| MarketAxess Holdings Inc.                  | MarketAxess Holdings Inc. COM USD0.003                 | CUSIP: 57060D108<br>LEI: 5493002U1CA1XJOVID83 | Long             | EC               | CORP              | US        |      6128 | NS      | $1368627.52   | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Martin Marietta Materials Inc              | Martin Marietta Materials Inc COM USD0.01              | CUSIP: 573284106<br>LEI: 5299005MZ4WZECVATV08 | Long             | EC               | CORP              | US        |      2404 | NS      | $1319699.84   | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Nice Limited                               | Nice Limited ADR-EACH REPR 1 ORD ILS1                  | CUSIP: 653656108<br>LEI: 254900YTY4EF5Z4W0A51 | Long             |  | CORP              | US        |      6398 | NS      | $1080686.18   | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| O'Reilly Automotive Inc.                   | O'Reilly Automotive Inc. USD0.01                       | CUSIP: 67103H107<br>LEI: 549300K2RLMQL149Q332 | Long             | EC               | CORP              | US        |     12990 | NS      | $1170788.70   | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| PNC Financial Services Group Inc.          | PNC Financial Services Group Inc. COM USD5             | CUSIP: 693475105<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | EC               | CORP              | US        |     12052 | NS      | $2246733.84   | 1.96%             |  |  |  | No            |                  1 | On Loan: No      |
| PPL Corporation                            | PPL Corporation COM USD0.01                            | CUSIP: 69351T106<br>LEI: 9N3UAJSNOUXFKQLF3V18 | Long             | EC               | CORP              | US        |     15313 | NS      | $518957.57    | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Teradyne Inc.                              | Teradyne Inc. COM USD0.125                             | CUSIP: 880770102<br>LEI: C3X4YJ278QNZHRJULN75 | Long             | EC               | CORP              | US        |     13526 | NS      | $1216257.92   | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Toll Brothers, Inc.                        | Toll Brothers, Inc. COM USD0.01                        | CUSIP: 889478103<br>LEI: 529900JB6IS9MSZGVR44 | Long             | EC               | CORP              | US        |     11956 | NS      | $1364538.28   | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Topbuild Corporation                       | Topbuild Corporation COM USD0.01 'WI'                  | CUSIP: 89055F103<br>LEI: 5493007YSKHOL4RWII46 | Long             | EC               | CORP              | US        |      3916 | NS      | $1267765.84   | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| TransUnion                                 | TransUnion COM USD0.01                                 | CUSIP: 89400J107<br>LEI: 549300ZS772LUNUMRB03 | Long             | EC               | CORP              | US        |     25991 | NS      | $2287208.00   | 2.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Valero Energy Corp.                        | Valero Energy Corp. COM USD0.01                        | CUSIP: 91913Y100<br>LEI: 549300XTO5VR8SKV1V74 | Long             | EC               | CORP              | US        |      8031 | NS      | $1079527.02   | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Vontier Corporation                        | Vontier Corporation COM                                | CUSIP: 928881101<br>LEI: 549300VVSQLG4P5K4639 | Long             | EC               | CORP              | US        |     60342 | NS      | $2226619.80   | 1.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Waste Connections Inc.                     | Waste Connections Inc. COM NPV                         | CUSIP: 94106B101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      8925 | NS      | $1666476.00   | 1.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Westlake Corporation                       | Westlake Corporation COM USD0.01                       | CUSIP: 960413102<br>LEI: GOXNEVUM0LL78B1OS344 | Long             | EC               | CORP              | US        |     11129 | NS      | $845024.97    | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Wintrust Financial Corporation             | Wintrust Financial Corporation COM NPV                 | CUSIP: 97650W108<br>LEI: Q774KI4AW80FHFW33O61 | Long             | EC               | CORP              | US        |     16922 | NS      | $2097989.56   | 1.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Zimmer Biomet Holdings Inc                 | Zimmer Biomet Holdings Inc COM USD0.01                 | CUSIP: 98956P102<br>LEI: 2P2YLDVPES3BXQ1FRB91 | Long             | EC               | CORP              | US        |      5145 | NS      | $469275.45    | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-08-14

**Name of Applicant:** JANUS ASPEN SERIES

**Signature:** JESPER NERGAARD

**Name of Signer:** JESPER NERGAARD

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