# EDGAR Filing Document

**Accession Number:** 0000277751
**File Stem:** 0001193125-25-301793
**Filing Date:** 2025-11
**Character Count:** 39284
**Document Hash:** 1c3506c1a97914c9f983461f6fa4e6a4
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-25-301793.hdr.sgml**: 20251128

**ACCESSION NUMBER**: 0001193125-25-301793

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251128

**DATE AS OF CHANGE**: 20251128

**PERIOD START**: 20260630

**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:** 251534198

**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 Allocation Fund - Moderate (Series ID: S000010482)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000028942 | Class T      | JSPMX           |
| C000077714 | Class A      | JMOAX           |
| C000077715 | Class C      | JMOCX           |
| C000077716 | Class I      | JMOIX           |
| C000077717 | Class S      | JMOSX           |
| C000083528 | Class D      | JNSMX           |

## Nport-Ex

**Janus Henderson Global Allocation Fund – Moderate**

**Schedule of Investments (unaudited)**

**September 30, 2025**

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

---

| | | |
|:---|:---|:---|
|  | *Shares* | *Value* |
| Investment Companies – 100.0% |  |  |
| Equity Funds – 48.7% |  |  |
| &nbsp;&nbsp;&nbsp; Janus Henderson Adaptive Risk Managed U.S. Equity Fund - Class N Shares<sup>£</sup> <br>| &nbsp;&nbsp; 899821 | &nbsp;&nbsp; $11833325 |
| &nbsp;&nbsp;&nbsp; Janus Henderson Enterprise Fund - Class N Shares<sup>£</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 85536 | &nbsp;&nbsp;&nbsp;&nbsp; 13027310 |
| &nbsp;&nbsp;&nbsp; Janus Henderson European Focus Fund - Class N Shares<sup>£</sup> <br>| &nbsp;&nbsp; 234823 | &nbsp;&nbsp;&nbsp;&nbsp; 13694891 |
| &nbsp;&nbsp;&nbsp; Janus Henderson Growth and Income Fund - Class N Shares<sup>£</sup> <br>| &nbsp;&nbsp; 184141 | &nbsp;&nbsp;&nbsp;&nbsp; 14819892 |
| &nbsp;&nbsp;&nbsp; Janus Henderson Overseas Fund - Class N Shares<sup>£</sup> <br>| &nbsp;&nbsp; 402520 | &nbsp;&nbsp;&nbsp;&nbsp; 22280163 |
| &nbsp;&nbsp;&nbsp; Janus Henderson Research Fund - Class N Shares<sup>£</sup> <br>| &nbsp;&nbsp; 188457 | &nbsp;&nbsp;&nbsp;&nbsp; 18769141 |
| &nbsp;&nbsp;&nbsp; Janus Henderson Small-Mid Cap Value Fund - Class N Shares<sup>£</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 25247 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 404953 |
| &nbsp;&nbsp;&nbsp; Janus Henderson Triton Fund - Class N Shares<sup>£</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3512 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 101296 |
| &nbsp;&nbsp;&nbsp; Janus Henderson U.S. Dividend Income Fund - Class N Shares<sup>£</sup> <br>| &nbsp;&nbsp; 354552 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4658808 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 99589779 |
| Exchange-Traded Funds (ETFs) – 31.6% |  |  |
| &nbsp;&nbsp;&nbsp; iShares Core International Aggregate Bond | &nbsp;&nbsp; 413416 | &nbsp;&nbsp;&nbsp;&nbsp; 21179302 |
| &nbsp;&nbsp;&nbsp; iShares Russell 2000 Value | &nbsp;&nbsp;&nbsp;&nbsp; 43658 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7719171 |
| &nbsp;&nbsp;&nbsp; Janus Henderson Emerging Markets Debt Hard Currency<sup>£</sup> <br>| &nbsp;&nbsp; 181628 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9663209 |
| &nbsp;&nbsp;&nbsp; Janus Henderson Small Cap Growth Alpha<sup>£</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2455 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 183580 |
| &nbsp;&nbsp;&nbsp; Vanguard FTSE Emerging Markets | &nbsp;&nbsp; 360909 | &nbsp;&nbsp;&nbsp;&nbsp; 19554050 |
| &nbsp;&nbsp;&nbsp; Vanguard Value | &nbsp;&nbsp;&nbsp;&nbsp; 33989 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6338608 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 64637920 |
| Fixed Income Funds – 18.6% |  |  |
| &nbsp;&nbsp;&nbsp; Janus Henderson Developed World Bond Fund - Class N Shares<sup>£</sup> <br>| 2056933 | &nbsp;&nbsp;&nbsp;&nbsp; 16167481 |
| &nbsp;&nbsp;&nbsp; Janus Henderson Flexible Bond Fund - Class N Shares<sup>£</sup> <br>| 2239298 | &nbsp;&nbsp;&nbsp;&nbsp; 21094158 |
| &nbsp;&nbsp;&nbsp; Janus Henderson High-Yield Fund - Class N Shares<sup>£</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 86419 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 648144 |
| &nbsp;&nbsp;&nbsp; Janus Henderson Short Duration Flexible Bond Fund - Class N Shares<sup>£</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 52757 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 151941 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 38061724 |
| Money Markets – 1.1% |  |  |
| &nbsp;&nbsp;&nbsp; Janus Henderson Cash Liquidity Fund LLC, 4.0538%<sup>ºº,</sup><sup>£</sup> <br>| 2193286 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2193725 |
| Total Investments (total cost $177,444,291) – 100.0% |  | &nbsp;&nbsp; 204483148 |
| Liabilities, net of Cash, Receivables and Other Assets – (0)% |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (36809) |
| Net Assets – 100% |  | $204446339 |

---

&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)*** | ***Schedule of Affiliated Investments - (% of Net Assets)*** |
| *Affiliate* | *Affiliated* <br>*Investments,* <br>*at Value at* <br>*6/30/25*<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>*9/30/25*<br>| *Ending* <br>*Shares*<br>| *Dividend* <br>*Income*<br>| *Capital Gain* <br>*Distributions* <br>*from* <br>*Underlying* <br>*Funds*<br>|
| Investment Companies - 73.2% | Investment Companies - 73.2% | Investment Companies - 73.2% | Investment Companies - 73.2% | Investment Companies - 73.2% | Investment Companies - 73.2% | Investment Companies - 73.2% | Investment Companies - 73.2% | Investment Companies - 73.2% | Investment Companies - 73.2% |
| Equity Funds - 48.7% | Equity Funds - 48.7% | Equity Funds - 48.7% | Equity Funds - 48.7% | Equity Funds - 48.7% | Equity Funds - 48.7% | Equity Funds - 48.7% | Equity Funds - 48.7% | Equity Funds - 48.7% | Equity Funds - 48.7% |
| &nbsp;&nbsp;&nbsp; Janus Henderson Adaptive Risk Managed U.S. Equity Fund - Class N Shares | &nbsp;&nbsp;&nbsp; Janus Henderson Adaptive Risk Managed U.S. Equity Fund - Class N Shares | &nbsp;&nbsp;&nbsp; Janus Henderson Adaptive Risk Managed U.S. Equity Fund - Class N Shares | &nbsp;&nbsp;&nbsp; Janus Henderson Adaptive Risk Managed U.S. Equity Fund - Class N Shares | &nbsp;&nbsp;&nbsp; Janus Henderson Adaptive Risk Managed U.S. Equity Fund - Class N Shares | &nbsp;&nbsp;&nbsp; Janus Henderson Adaptive Risk Managed U.S. Equity Fund - Class N Shares | &nbsp;&nbsp;&nbsp; Janus Henderson Adaptive Risk Managed U.S. Equity Fund - Class N Shares | &nbsp;&nbsp;&nbsp; Janus Henderson Adaptive Risk Managed U.S. Equity Fund - Class N Shares | &nbsp;&nbsp;&nbsp; Janus Henderson Adaptive Risk Managed U.S. Equity Fund - Class N Shares | &nbsp;&nbsp;&nbsp; Janus Henderson Adaptive Risk Managed U.S. Equity Fund - Class N Shares |
|  | &nbsp;&nbsp; $11053179 | $133380 | $(190099) | $31264 | $805601 | $11833325 | 899821 | $- | $- |
| &nbsp;&nbsp;&nbsp; Janus Henderson Enterprise Fund - Class N Shares | &nbsp;&nbsp;&nbsp; Janus Henderson Enterprise Fund - Class N Shares | &nbsp;&nbsp;&nbsp; Janus Henderson Enterprise Fund - Class N Shares | &nbsp;&nbsp;&nbsp; Janus Henderson Enterprise Fund - Class N Shares | &nbsp;&nbsp;&nbsp; Janus Henderson Enterprise Fund - Class N Shares | &nbsp;&nbsp;&nbsp; Janus Henderson Enterprise Fund - Class N Shares | &nbsp;&nbsp;&nbsp; Janus Henderson Enterprise Fund - Class N Shares | &nbsp;&nbsp;&nbsp; Janus Henderson Enterprise Fund - Class N Shares | &nbsp;&nbsp;&nbsp; Janus Henderson Enterprise Fund - Class N Shares | &nbsp;&nbsp;&nbsp; Janus Henderson Enterprise Fund - Class N Shares |
|  | &nbsp;&nbsp; 12768121 | 151649 | (216791) | 10874 | 313457 | 13027310 | 85536 | - | - |
| &nbsp;&nbsp;&nbsp; Janus Henderson European Focus Fund - Class N Shares | &nbsp;&nbsp;&nbsp; Janus Henderson European Focus Fund - Class N Shares | &nbsp;&nbsp;&nbsp; Janus Henderson European Focus Fund - Class N Shares | &nbsp;&nbsp;&nbsp; Janus Henderson European Focus Fund - Class N Shares | &nbsp;&nbsp;&nbsp; Janus Henderson European Focus Fund - Class N Shares | &nbsp;&nbsp;&nbsp; Janus Henderson European Focus Fund - Class N Shares | &nbsp;&nbsp;&nbsp; Janus Henderson European Focus Fund - Class N Shares | &nbsp;&nbsp;&nbsp; Janus Henderson European Focus Fund - Class N Shares | &nbsp;&nbsp;&nbsp; Janus Henderson European Focus Fund - Class N Shares | &nbsp;&nbsp;&nbsp; Janus Henderson European Focus Fund - Class N Shares |
|  | &nbsp;&nbsp; 13197583 | 154658 | (221449) | 6161 | 557938 | 13694891 | 234823 | - | - |
| &nbsp;&nbsp;&nbsp; Janus Henderson Growth and Income Fund - Class N Shares | &nbsp;&nbsp;&nbsp; Janus Henderson Growth and Income Fund - Class N Shares | &nbsp;&nbsp;&nbsp; Janus Henderson Growth and Income Fund - Class N Shares | &nbsp;&nbsp;&nbsp; Janus Henderson Growth and Income Fund - Class N Shares | &nbsp;&nbsp;&nbsp; Janus Henderson Growth and Income Fund - Class N Shares | &nbsp;&nbsp;&nbsp; Janus Henderson Growth and Income Fund - Class N Shares | &nbsp;&nbsp;&nbsp; Janus Henderson Growth and Income Fund - Class N Shares | &nbsp;&nbsp;&nbsp; Janus Henderson Growth and Income Fund - Class N Shares | &nbsp;&nbsp;&nbsp; Janus Henderson Growth and Income Fund - Class N Shares | &nbsp;&nbsp;&nbsp; Janus Henderson Growth and Income Fund - Class N Shares |
|  | &nbsp;&nbsp; 13963257 | 187626 | (238986) | 5094 | 902901 | 14819892 | 184141 | 19736 | - |
| &nbsp;&nbsp;&nbsp; Janus Henderson Overseas Fund - Class N Shares | &nbsp;&nbsp;&nbsp; Janus Henderson Overseas Fund - Class N Shares | &nbsp;&nbsp;&nbsp; Janus Henderson Overseas Fund - Class N Shares | &nbsp;&nbsp;&nbsp; Janus Henderson Overseas Fund - Class N Shares | &nbsp;&nbsp;&nbsp; Janus Henderson Overseas Fund - Class N Shares | &nbsp;&nbsp;&nbsp; Janus Henderson Overseas Fund - Class N Shares | &nbsp;&nbsp;&nbsp; Janus Henderson Overseas Fund - Class N Shares | &nbsp;&nbsp;&nbsp; Janus Henderson Overseas Fund - Class N Shares | &nbsp;&nbsp;&nbsp; Janus Henderson Overseas Fund - Class N Shares | &nbsp;&nbsp;&nbsp; Janus Henderson Overseas Fund - Class N Shares |
|  | &nbsp;&nbsp; 21078596 | 250352 | (357126) | 26540 | 1281801 | 22280163 | 402520 | - | - |
| &nbsp;&nbsp;&nbsp; Janus Henderson Research Fund - Class N Shares | &nbsp;&nbsp;&nbsp; Janus Henderson Research Fund - Class N Shares | &nbsp;&nbsp;&nbsp; Janus Henderson Research Fund - Class N Shares | &nbsp;&nbsp;&nbsp; Janus Henderson Research Fund - Class N Shares | &nbsp;&nbsp;&nbsp; Janus Henderson Research Fund - Class N Shares | &nbsp;&nbsp;&nbsp; Janus Henderson Research Fund - Class N Shares | &nbsp;&nbsp;&nbsp; Janus Henderson Research Fund - Class N Shares | &nbsp;&nbsp;&nbsp; Janus Henderson Research Fund - Class N Shares | &nbsp;&nbsp;&nbsp; Janus Henderson Research Fund - Class N Shares | &nbsp;&nbsp;&nbsp; Janus Henderson Research Fund - Class N Shares |
|  | &nbsp;&nbsp; 17517819 | 212873 | (303032) | 30966 | 1310515 | 18769141 | 188457 | - | - |
| &nbsp;&nbsp;&nbsp; Janus Henderson Small-Mid Cap Value Fund - Class N Shares | &nbsp;&nbsp;&nbsp; Janus Henderson Small-Mid Cap Value Fund - Class N Shares | &nbsp;&nbsp;&nbsp; Janus Henderson Small-Mid Cap Value Fund - Class N Shares | &nbsp;&nbsp;&nbsp; Janus Henderson Small-Mid Cap Value Fund - Class N Shares | &nbsp;&nbsp;&nbsp; Janus Henderson Small-Mid Cap Value Fund - Class N Shares | &nbsp;&nbsp;&nbsp; Janus Henderson Small-Mid Cap Value Fund - Class N Shares | &nbsp;&nbsp;&nbsp; Janus Henderson Small-Mid Cap Value Fund - Class N Shares | &nbsp;&nbsp;&nbsp; Janus Henderson Small-Mid Cap Value Fund - Class N Shares | &nbsp;&nbsp;&nbsp; Janus Henderson Small-Mid Cap Value Fund - Class N Shares | &nbsp;&nbsp;&nbsp; Janus Henderson Small-Mid Cap Value Fund - Class N Shares |
|  | &nbsp;&nbsp; 379837 | 4738 | (6717) | 637 | 26458 | 404953 | 25247 | - | - |
| &nbsp;&nbsp;&nbsp; Janus Henderson Triton Fund - Class N Shares | &nbsp;&nbsp;&nbsp; Janus Henderson Triton Fund - Class N Shares | &nbsp;&nbsp;&nbsp; Janus Henderson Triton Fund - Class N Shares | &nbsp;&nbsp;&nbsp; Janus Henderson Triton Fund - Class N Shares | &nbsp;&nbsp;&nbsp; Janus Henderson Triton Fund - Class N Shares | &nbsp;&nbsp;&nbsp; Janus Henderson Triton Fund - Class N Shares | &nbsp;&nbsp;&nbsp; Janus Henderson Triton Fund - Class N Shares | &nbsp;&nbsp;&nbsp; Janus Henderson Triton Fund - Class N Shares | &nbsp;&nbsp;&nbsp; Janus Henderson Triton Fund - Class N Shares | &nbsp;&nbsp;&nbsp; Janus Henderson Triton Fund - Class N Shares |
|  | &nbsp;&nbsp; 98132 | 1206 | (1631) | 131 | 3458 | 101296 | 3512 | - | - |
| &nbsp;&nbsp;&nbsp; Janus Henderson U.S. Dividend Income Fund - Class N Shares | &nbsp;&nbsp;&nbsp; Janus Henderson U.S. Dividend Income Fund - Class N Shares | &nbsp;&nbsp;&nbsp; Janus Henderson U.S. Dividend Income Fund - Class N Shares | &nbsp;&nbsp;&nbsp; Janus Henderson U.S. Dividend Income Fund - Class N Shares | &nbsp;&nbsp;&nbsp; Janus Henderson U.S. Dividend Income Fund - Class N Shares | &nbsp;&nbsp;&nbsp; Janus Henderson U.S. Dividend Income Fund - Class N Shares | &nbsp;&nbsp;&nbsp; Janus Henderson U.S. Dividend Income Fund - Class N Shares | &nbsp;&nbsp;&nbsp; Janus Henderson U.S. Dividend Income Fund - Class N Shares | &nbsp;&nbsp;&nbsp; Janus Henderson U.S. Dividend Income Fund - Class N Shares | &nbsp;&nbsp;&nbsp; Janus Henderson U.S. Dividend Income Fund - Class N Shares |
|  | &nbsp;&nbsp; 4436664 | 68219 | (75777) | 9900 | 219802 | 4658808 | 354552 | 15129 | - |
| Total Equity Funds - 48.7% | Total Equity Funds - 48.7% | Total Equity Funds - 48.7% | Total Equity Funds - 48.7% | Total Equity Funds - 48.7% | Total Equity Funds - 48.7% | Total Equity Funds - 48.7% | Total Equity Funds - 48.7% | Total Equity Funds - 48.7% | Total Equity Funds - 48.7% |
|  | &nbsp;&nbsp; $94493188 | $1164701 | $(1611608) | $121567 | $5421931 | $99589779 | 2378609 | $34865 | $- |

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| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *Affiliate* | *Affiliated*<br> *Investments,*<br> *at Value at*<br> *6/30/25*<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> *9/30/25*<br>| *Ending*<br> *Shares*<br>| *Dividend*<br> *Income*<br>| *Capital Gain*<br> *Distributions*<br> *from*<br> *Underlying*<br> *Funds*<br>|
| Investment Companies - (continued) | Investment Companies - (continued) | Investment Companies - (continued) | Investment Companies - (continued) | Investment Companies - (continued) | Investment Companies - (continued) | Investment Companies - (continued) | Investment Companies - (continued) | Investment Companies - (continued) | Investment Companies - (continued) |
| Exchange-Traded Funds (ETFs) - 4.8% | Exchange-Traded Funds (ETFs) - 4.8% | Exchange-Traded Funds (ETFs) - 4.8% | Exchange-Traded Funds (ETFs) - 4.8% | Exchange-Traded Funds (ETFs) - 4.8% | Exchange-Traded Funds (ETFs) - 4.8% | Exchange-Traded Funds (ETFs) - 4.8% | Exchange-Traded Funds (ETFs) - 4.8% | Exchange-Traded Funds (ETFs) - 4.8% | Exchange-Traded Funds (ETFs) - 4.8% |
| &nbsp;&nbsp;&nbsp; Janus Henderson Emerging Markets Debt Hard Currency | &nbsp;&nbsp;&nbsp; Janus Henderson Emerging Markets Debt Hard Currency | &nbsp;&nbsp;&nbsp; Janus Henderson Emerging Markets Debt Hard Currency | &nbsp;&nbsp;&nbsp; Janus Henderson Emerging Markets Debt Hard Currency | &nbsp;&nbsp;&nbsp; Janus Henderson Emerging Markets Debt Hard Currency | &nbsp;&nbsp;&nbsp; Janus Henderson Emerging Markets Debt Hard Currency | &nbsp;&nbsp;&nbsp; Janus Henderson Emerging Markets Debt Hard Currency | &nbsp;&nbsp;&nbsp; Janus Henderson Emerging Markets Debt Hard Currency | &nbsp;&nbsp;&nbsp; Janus Henderson Emerging Markets Debt Hard Currency | &nbsp;&nbsp;&nbsp; Janus Henderson Emerging Markets Debt Hard Currency |
|  | &nbsp;&nbsp; $9453182 | $112155 | $(165290) | $283 | $262879 | $9663209 | 181628 | $150135 | $- |
| &nbsp;&nbsp;&nbsp; Janus Henderson Small Cap Growth Alpha | &nbsp;&nbsp;&nbsp; Janus Henderson Small Cap Growth Alpha | &nbsp;&nbsp;&nbsp; Janus Henderson Small Cap Growth Alpha | &nbsp;&nbsp;&nbsp; Janus Henderson Small Cap Growth Alpha | &nbsp;&nbsp;&nbsp; Janus Henderson Small Cap Growth Alpha | &nbsp;&nbsp;&nbsp; Janus Henderson Small Cap Growth Alpha | &nbsp;&nbsp;&nbsp; Janus Henderson Small Cap Growth Alpha | &nbsp;&nbsp;&nbsp; Janus Henderson Small Cap Growth Alpha | &nbsp;&nbsp;&nbsp; Janus Henderson Small Cap Growth Alpha | &nbsp;&nbsp;&nbsp; Janus Henderson Small Cap Growth Alpha |
|  | &nbsp;&nbsp; 165657 | 2606 | (2668) | 364 | 17621 | 183580 | 2455 | 220 | - |
| Total Exchange-Traded Funds (ETFs) - 4.8% | Total Exchange-Traded Funds (ETFs) - 4.8% | Total Exchange-Traded Funds (ETFs) - 4.8% | Total Exchange-Traded Funds (ETFs) - 4.8% | Total Exchange-Traded Funds (ETFs) - 4.8% | Total Exchange-Traded Funds (ETFs) - 4.8% | Total Exchange-Traded Funds (ETFs) - 4.8% | Total Exchange-Traded Funds (ETFs) - 4.8% | Total Exchange-Traded Funds (ETFs) - 4.8% | Total Exchange-Traded Funds (ETFs) - 4.8% |
|  | &nbsp;&nbsp; $9618839 | $114761 | $(167958) | $647 | $280500 | $9846789 | 184083 | $150355 | $- |
| Fixed Income Funds - 18.6% | Fixed Income Funds - 18.6% | Fixed Income Funds - 18.6% | Fixed Income Funds - 18.6% | Fixed Income Funds - 18.6% | Fixed Income Funds - 18.6% | Fixed Income Funds - 18.6% | Fixed Income Funds - 18.6% | Fixed Income Funds - 18.6% | Fixed Income Funds - 18.6% |
| &nbsp;&nbsp;&nbsp; Janus Henderson Developed World Bond Fund - Class N Shares | &nbsp;&nbsp;&nbsp; Janus Henderson Developed World Bond Fund - Class N Shares | &nbsp;&nbsp;&nbsp; Janus Henderson Developed World Bond Fund - Class N Shares | &nbsp;&nbsp;&nbsp; Janus Henderson Developed World Bond Fund - Class N Shares | &nbsp;&nbsp;&nbsp; Janus Henderson Developed World Bond Fund - Class N Shares | &nbsp;&nbsp;&nbsp; Janus Henderson Developed World Bond Fund - Class N Shares | &nbsp;&nbsp;&nbsp; Janus Henderson Developed World Bond Fund - Class N Shares | &nbsp;&nbsp;&nbsp; Janus Henderson Developed World Bond Fund - Class N Shares | &nbsp;&nbsp;&nbsp; Janus Henderson Developed World Bond Fund - Class N Shares | &nbsp;&nbsp;&nbsp; Janus Henderson Developed World Bond Fund - Class N Shares |
|  | &nbsp;&nbsp; 15932621 | 338535 | (267877) | 8519 | 155683 | 16167481 | 2056933 | 151018 | - |
| &nbsp;&nbsp;&nbsp; Janus Henderson Flexible Bond Fund - Class N Shares | &nbsp;&nbsp;&nbsp; Janus Henderson Flexible Bond Fund - Class N Shares | &nbsp;&nbsp;&nbsp; Janus Henderson Flexible Bond Fund - Class N Shares | &nbsp;&nbsp;&nbsp; Janus Henderson Flexible Bond Fund - Class N Shares | &nbsp;&nbsp;&nbsp; Janus Henderson Flexible Bond Fund - Class N Shares | &nbsp;&nbsp;&nbsp; Janus Henderson Flexible Bond Fund - Class N Shares | &nbsp;&nbsp;&nbsp; Janus Henderson Flexible Bond Fund - Class N Shares | &nbsp;&nbsp;&nbsp; Janus Henderson Flexible Bond Fund - Class N Shares | &nbsp;&nbsp;&nbsp; Janus Henderson Flexible Bond Fund - Class N Shares | &nbsp;&nbsp;&nbsp; Janus Henderson Flexible Bond Fund - Class N Shares |
|  | &nbsp;&nbsp; 20788073 | 497308 | (348182) | (19970) | 176929 | 21094158 | 2239298 | 253968 | - |
| &nbsp;&nbsp;&nbsp; Janus Henderson High-Yield Fund - Class N Shares | &nbsp;&nbsp;&nbsp; Janus Henderson High-Yield Fund - Class N Shares | &nbsp;&nbsp;&nbsp; Janus Henderson High-Yield Fund - Class N Shares | &nbsp;&nbsp;&nbsp; Janus Henderson High-Yield Fund - Class N Shares | &nbsp;&nbsp;&nbsp; Janus Henderson High-Yield Fund - Class N Shares | &nbsp;&nbsp;&nbsp; Janus Henderson High-Yield Fund - Class N Shares | &nbsp;&nbsp;&nbsp; Janus Henderson High-Yield Fund - Class N Shares | &nbsp;&nbsp;&nbsp; Janus Henderson High-Yield Fund - Class N Shares | &nbsp;&nbsp;&nbsp; Janus Henderson High-Yield Fund - Class N Shares | &nbsp;&nbsp;&nbsp; Janus Henderson High-Yield Fund - Class N Shares |
|  | &nbsp;&nbsp; 631141 | 18226 | (10653) | 261 | 9169 | 648144 | 86419 | 10751 | - |
| &nbsp;&nbsp;&nbsp; Janus Henderson Short Duration Flexible Bond Fund - Class N Shares | &nbsp;&nbsp;&nbsp; Janus Henderson Short Duration Flexible Bond Fund - Class N Shares | &nbsp;&nbsp;&nbsp; Janus Henderson Short Duration Flexible Bond Fund - Class N Shares | &nbsp;&nbsp;&nbsp; Janus Henderson Short Duration Flexible Bond Fund - Class N Shares | &nbsp;&nbsp;&nbsp; Janus Henderson Short Duration Flexible Bond Fund - Class N Shares | &nbsp;&nbsp;&nbsp; Janus Henderson Short Duration Flexible Bond Fund - Class N Shares | &nbsp;&nbsp;&nbsp; Janus Henderson Short Duration Flexible Bond Fund - Class N Shares | &nbsp;&nbsp;&nbsp; Janus Henderson Short Duration Flexible Bond Fund - Class N Shares | &nbsp;&nbsp;&nbsp; Janus Henderson Short Duration Flexible Bond Fund - Class N Shares | &nbsp;&nbsp;&nbsp; Janus Henderson Short Duration Flexible Bond Fund - Class N Shares |
|  | &nbsp;&nbsp; 150872 | 3591 | (2523) | 21 | (20) | 151941 | 52757 | 1820 | - |
| Total Fixed Income Funds - 18.6% | Total Fixed Income Funds - 18.6% | Total Fixed Income Funds - 18.6% | Total Fixed Income Funds - 18.6% | Total Fixed Income Funds - 18.6% | Total Fixed Income Funds - 18.6% | Total Fixed Income Funds - 18.6% | Total Fixed Income Funds - 18.6% | Total Fixed Income Funds - 18.6% | Total Fixed Income Funds - 18.6% |
|  | &nbsp;&nbsp; $37502707 | $857660 | $(629235) | $(11169) | $341761 | $38061724 | 4435407 | $417557 | $- |
| Money Markets - 1.1% | Money Markets - 1.1% | Money Markets - 1.1% | Money Markets - 1.1% | Money Markets - 1.1% | Money Markets - 1.1% | Money Markets - 1.1% | Money Markets - 1.1% | Money Markets - 1.1% | Money Markets - 1.1% |
| &nbsp;&nbsp;&nbsp; Janus Henderson Cash Liquidity Fund LLC, 4.0538%<sup>ºº</sup>  | &nbsp;&nbsp;&nbsp; Janus Henderson Cash Liquidity Fund LLC, 4.0538%<sup>ºº</sup>  | &nbsp;&nbsp;&nbsp; Janus Henderson Cash Liquidity Fund LLC, 4.0538%<sup>ºº</sup>  | &nbsp;&nbsp;&nbsp; Janus Henderson Cash Liquidity Fund LLC, 4.0538%<sup>ºº</sup>  | &nbsp;&nbsp;&nbsp; Janus Henderson Cash Liquidity Fund LLC, 4.0538%<sup>ºº</sup>  | &nbsp;&nbsp;&nbsp; Janus Henderson Cash Liquidity Fund LLC, 4.0538%<sup>ºº</sup>  | &nbsp;&nbsp;&nbsp; Janus Henderson Cash Liquidity Fund LLC, 4.0538%<sup>ºº</sup>  | &nbsp;&nbsp;&nbsp; Janus Henderson Cash Liquidity Fund LLC, 4.0538%<sup>ºº</sup>  | &nbsp;&nbsp;&nbsp; Janus Henderson Cash Liquidity Fund LLC, 4.0538%<sup>ºº</sup>  | &nbsp;&nbsp;&nbsp; Janus Henderson Cash Liquidity Fund LLC, 4.0538%<sup>ºº</sup>  |
|  | &nbsp;&nbsp; 1832535 | 1800339 | (1439148) | (1) | - | 2193725 | 2193286 | 21745 | - |
| Total Affiliated Investments - 73.2% | Total Affiliated Investments - 73.2% | Total Affiliated Investments - 73.2% | Total Affiliated Investments - 73.2% | Total Affiliated Investments - 73.2% | Total Affiliated Investments - 73.2% | Total Affiliated Investments - 73.2% | Total Affiliated Investments - 73.2% | Total Affiliated Investments - 73.2% | Total Affiliated Investments - 73.2% |
|  | &nbsp;&nbsp; $143447269 | $3937461 | $(3847949) | $111044 | $6044192 | $149692017 | 9191385 | $624522 | $- |

---

------

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

LLC Limited Liability Company

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

---

| |
|:---|
| Rate shown is the 7-day yield as of September 30, 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 September 30, 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:** |  |  |  |
| *Investment Companies* |  |  |  |
| Equity Funds | $99589779 | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $- |
| Exchange-Traded Funds (ETFs) | 64637920 | &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; - |
| Fixed Income Funds | 38061724 | &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; - |
| Money Markets | - | &nbsp;&nbsp;&nbsp; 2193725 | &nbsp;&nbsp;&nbsp; - |
| **Total Assets** | $202289423 | &nbsp;&nbsp;&nbsp; $2193725 | &nbsp;&nbsp;&nbsp; $- |

---

------

**Investment Valuation**

The Fund's net asset value ("NAV") is calculated based upon the NAV of each of the underlying funds in which the Fund invests on the day of valuation. The NAV for each class of the underlying funds is computed by dividing the total value of securities and other assets allocated to the class, less liabilities allocated to that class, by the total number of shares

outstanding for the class.

**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.

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.

The Fund classifies each of its investments in underlying funds as Level 1, without consideration as to the classification level of the specific investments held by the underlying funds. 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 September 30, 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.

125-25-70270 11-25

------

## 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 Allocation Fund - Moderate

- **b. EDGAR series identifier (if any):** S000010482

- **c. LEI of Series:** 54930051FC9ZUFNU6S35

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

- **a. Date of fiscal year-end:** 2026-06-30

- **b. Date as of which information is reported:** 2025-09-30

**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:** $204542718.53

**Total Liabilities:** $96379.25

**Net Assets:** $204446339.28

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000028942 | 0.61%                | 1.96%                | 2.37%                |
| Class ID C000077714 | 0.53%                | 1.97%                | 2.38%                |
| Class ID C000077715 | 0.46%                | 1.93%                | 2.34%                |
| Class ID C000077716 | 0.53%                | 1.95%                | 2.43%                |
| Class ID C000077717 | 0.53%                | 1.88%                | 2.44%                |
| Class ID C000083528 | 0.53%                | 2.03%                | 2.36%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $60425.00                | $867714.00                                 |
| Month 2  | $30557.00                | $3650508.00                                |
| Month 3  | $68195.00                | $4408070.00                                |

**Designated Index Information**

- **Index Name:** Global Moderate Allocation Index (60% ACWI / 40% GlobalAgg)

- **Index Identifier:** IX60ACWI40GLBLAGG

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| iShares Trust                             | iShares Trust RUSSELL 2000 VALUE ETF                                         | CUSIP: 464287630<br>LEI: 5493000860OXIC4B5K91 | Long             | EC               | RF                | US        |     43651 | NS      | $7717933.31   | 3.78%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares Trust                             | iShares Trust CORE INTL AGGR                                                 | CUSIP: 46435G672<br>LEI: 5493000860OXIC4B5K91 | Long             | EC               | RF                | US        |    413347 | NS      | $21175766.81  | 10.36%            |  |  |  | No            |                  1 | On Loan: No      |
| Janus Detroit Street Trust                | Janus Detroit Street Trust HENDERSN CAP ETF                                  | CUSIP: 47103U100<br>LEI: 5493003MM7OCK5UJW595 | Long             | EC               | RF                | US        |      2454 | NS      | $183504.72    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Janus Detroit Street Trust                | Janus Detroit Street Trust HENDERSON EMERGING MARKETS DEBT HARD CURRENCY ETF | CUSIP: 47103U738<br>LEI: 5493003MM7OCK5UJW595 | Long             | EC               | RF                | US        |    181597 | NS      | $9661559.67   | 4.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Vanguard International Equity Index Funds | Vanguard International Equity Index Funds FTSE EMERGING MKTS ETF             | CUSIP: 922042858<br>LEI: 549300UR5XWDVDO7NP96 | Long             | EC               | RF                | US        |    360849 | NS      | $19550798.82  | 9.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Vanguard Index Funds                      | Vanguard Index Funds VANGUARD VALUE ETF                                      | CUSIP: 922908744<br>LEI: 549300G6KNDK44WUN559 | Long             | EC               | RF                | US        |     33984 | NS      | $6337676.16   | 3.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Janus Investment Fund                     | Janus Investment Fund ADAPTIVE RI US N                                       | CUSIP: 47103E122<br>LEI: W6UYDZFUOFJ4HQQ32382 | Long             | EC               | RF                | US        |    900014 | NS      | $11835180.71  | 5.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Janus Investment Fund                     | Janus Investment Fund HENDERSON CL N                                         | CUSIP: 47103Y482<br>LEI: W6UYDZFUOFJ4HQQ32382 | Long             | EC               | RF                | US        |    353476 | NS      | $4644675.32   | 2.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Janus Investment Fund                     | Janus Investment Fund GROWTH INCM N                                          | CUSIP: 47103D868<br>LEI: W6UYDZFUOFJ4HQQ32382 | Long             | EC               | RF                | US        |    183935 | NS      | $14803124.00  | 7.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Janus Investment Fund                     | Janus Investment Fund EURPN FCS FD N                                         | CUSIP: 47103X591<br>LEI: W6UYDZFUOFJ4HQQ32382 | Long             | EC               | RF                | US        |    234873 | NS      | $13697791.59  | 6.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Janus Investment Fund                     | Janus Investment Fund RESRCH FD N                                            | CUSIP: 47103D827<br>LEI: W6UYDZFUOFJ4HQQ32382 | Long             | EC               | RF                | US        |    188498 | NS      | $18772479.96  | 9.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Janus Investment Fund                     | Janus Investment Fund FLEXIBLE N                                             | CUSIP: 47103D504<br>LEI: W6UYDZFUOFJ4HQQ32382 | Long             | EC               | RF                | US        |   2231029 | NS      | $21016293.19  | 10.28%            |  |  |  | No            |                  1 | On Loan: No      |
| Janus Investment Fund                     | Janus Investment Fund ENTRPRS FUND N                                         | CUSIP: 47103D405<br>LEI: W6UYDZFUOFJ4HQQ32382 | Long             | EC               | RF                | US        |     85554 | NS      | $13029860.20  | 6.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Janus Investment Fund                     | Janus Investment Fund SHRT TERM BD N                                         | CUSIP: 47103D819<br>LEI: W6UYDZFUOFJ4HQQ32382 | Long             | EC               | RF                | US        |     52567 | NS      | $151392.82    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Janus Investment Fund                     | Janus Investment Fund OVERSEAS N                                             | CUSIP: 47103D835<br>LEI: W6UYDZFUOFJ4HQQ32382 | Long             | EC               | RF                | US        |    402606 | NS      | $22284256.09  | 10.90%            |  |  |  | No            |                  1 | On Loan: No      |
| Janus Investment Fund                     | Janus Investment Fund HGH YIELD FD N                                         | CUSIP: 47103D850<br>LEI: W6UYDZFUOFJ4HQQ32382 | Long             | EC               | RF                | US        |     85988 | NS      | $644913.43    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Janus Investment Fund                     | Janus Investment Fund DVLPD WRLD BND N                                       | CUSIP: 47103Y821<br>LEI: W6UYDZFUOFJ4HQQ32382 | Long             | EC               | RF                | US        |   2051995 | NS      | $16128679.03  | 7.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Janus Investment Fund                     | Janus Investment Fund TRITON FUND N                                          | CUSIP: 47103D793<br>LEI: W6UYDZFUOFJ4HQQ32382 | Long             | EC               | RF                | US        |      3513 | NS      | $101314.50    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Janus Investment Fund                     | Janus Investment Fund HENDRSN SM MD N                                        | CUSIP: 47103D736<br>LEI: W6UYDZFUOFJ4HQQ32382 | Long             | EC               | RF                | US        |     25252 | NS      | $405040.59    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| JANUS CAPITAL GROUP INC                   | Janus Henderson Cash Liquidity Fund LLC                                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | PF                | US        |   2193286 | NS      | $2193725.07   | 1.07%             |  |  |  | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-11-14

**Name of Applicant:** JANUS INVESTMENT FUND

**Signature:** JESPER NERGAARD

**Name of Signer:** JESPER NERGAARD

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