|
Class D
Shares
Ticker |
Multi-Asset
U.S. Equity |
|
Janus
Henderson Balanced Fund
|
JANBX |
Janus
Henderson Contrarian Fund
|
JACNX |
Janus
Henderson Enterprise Fund
|
JANEX |
Janus
Henderson Forty Fund
|
JFRDX |
Janus
Henderson Growth and Income Fund
|
JNGIX |
Janus
Henderson Research Fund
|
JNRFX |
Janus
Henderson Triton Fund
|
JANIX |
Janus
Henderson U.S. Dividend Income Fund
|
JDDVX |
Janus
Henderson Venture Fund
|
JANVX |
Fund
summary |
|
2 | |
8 | |
13 | |
17 | |
22 | |
26 | |
31 | |
36 | |
40 | |
Additional
information about the Funds |
|
45 | |
45 | |
53 | |
Management
of the Funds |
|
65 | |
65 | |
68 | |
72 | |
73 | |
Shareholder’s
manual |
|
76 | |
80 | |
82 | |
82 | |
83 | |
84 | |
85 | |
87 | |
89 | |
92 | |
101 |
Ticker: |
JANBX |
Class
D Shares |
|
|
ANNUAL
FUND OPERATING EXPENSES
(expenses
that you pay each year as a percentage of the value of your
investment) |
|
Class
D |
Management
Fees |
|
0.55% |
Other
Expenses |
|
0.15% |
Total
Annual Fund Operating Expenses |
|
0.70% |
|
1
Year |
3
Years |
5
Years |
10
Years |
Class
D Shares |
$ |
$ |
$ |
$ |
|
|
|
Annual
Total Returns for Class D Shares
(calendar year-end) |
|
|
|
|
|
|
|
Average
Annual Total Returns
(periods ended 12/31/23) |
|
|
|
|
|
1
Year |
5
Years |
10
Years |
Since
Inception
(9/1/92) |
Class
D Shares |
|
|
|
|
Return
Before Taxes |
15.37% |
9.58% |
7.95% |
9.47% |
Return
After Taxes on Distributions |
14.44% |
8.70% |
6.75% |
8.08% |
Return
After Taxes on Distributions and Sale of Fund Shares |
9.23% |
7.39% |
6.05% |
7.62% |
S&P
500®
Index
(reflects
no deduction for expenses, fees, or taxes) |
26.29% |
15.69% |
12.03% |
10.23% |
Bloomberg
U.S. Aggregate Bond Index
(reflects
no deduction for expenses, fees, or taxes) |
5.53% |
1.10% |
1.81% |
4.57% |
Balanced
Index
(reflects
no deduction for expenses, fees, or taxes) |
16.62% |
9.26% |
7.59% |
7.95% |
Management |
Purchase
and sale of Fund shares |
Minimum
Investment Requirements |
|
To
open a new regular Fund account |
$2,500 |
To
open a new regular Fund account with an automatic investment program of
$50 per month |
$100 |
To
open a new UGMA/UTMA account, Coverdell Education Savings Account, or a
retirement Fund account |
|
• without
an automatic investment program |
$1,000 |
• with
an automatic investment program of $50 per month |
$100 |
To
add to any existing type of Fund account without an automatic investment
program |
$50 |
Tax
information |
Payments
to broker-dealers and other financial
intermediaries |
Ticker: |
JACNX |
Class
D Shares |
|
|
ANNUAL
FUND OPERATING EXPENSES
(expenses
that you pay each year as a percentage of the value of your
investment) |
|
Class
D |
Management
Fees(1) |
|
0.60% |
Other
Expenses |
|
0.16% |
Total
Annual Fund Operating Expenses |
|
0.76% |
|
1
Year |
3
Years |
5
Years |
10
Years |
Class
D Shares |
$ |
$ |
$ |
$ |
|
|
|
Annual
Total Returns for Class D Shares
(calendar year-end) |
|
|
|
|
|
|
|
Average
Annual Total Returns
(periods ended 12/31/23) |
|
|
|
|
|
1
Year |
5
Years |
10
Years |
Since
Inception
(2/29/00) |
Class
D Shares |
|
|
|
|
Return
Before Taxes |
21.48% |
16.12% |
8.94% |
8.13% |
Return
After Taxes on Distributions |
19.41% |
14.39% |
7.22% |
7.19% |
Return
After Taxes on Distributions and Sale of Fund Shares |
13.99% |
12.71% |
6.74% |
6.72% |
S&P
500®
Index
(reflects
no deduction for expenses, fees, or taxes) |
26.29% |
15.69% |
12.03% |
7.40% |
Management |
Purchase
and sale of Fund shares |
Minimum
Investment Requirements |
|
To
open a new regular Fund account |
$2,500 |
To
open a new regular Fund account with an automatic investment program of
$50 per month |
$100 |
To
open a new UGMA/UTMA account, Coverdell Education Savings Account, or a
retirement Fund account |
|
• without
an automatic investment program |
$1,000 |
• with
an automatic investment program of $50 per month |
$100 |
To
add to any existing type of Fund account without an automatic investment
program |
$50 |
Tax
information |
Payments
to broker-dealers and other financial
intermediaries |
Ticker: |
JANEX |
Class
D Shares |
|
|
ANNUAL
FUND OPERATING EXPENSES
(expenses
that you pay each year as a percentage of the value of your
investment) |
|
Class
D |
Management
Fees |
|
0.64% |
Other
Expenses |
|
0.16% |
Total
Annual Fund Operating Expenses |
|
0.80% |
|
1
Year |
3
Years |
5
Years |
10
Years |
Class
D Shares |
$ |
$ |
$ |
$ |
|
|
|
Annual
Total Returns for Class D Shares
(calendar year-end) |
|
|
|
|
|
|
|
Average
Annual Total Returns
(periods ended 12/31/23) |
|
|
|
|
|
1
Year |
5
Years |
10
Years |
Since
Inception
(9/1/92) |
Class
D Shares |
|
|
|
|
Return
Before Taxes |
17.94% |
13.57% |
11.87% |
11.13% |
Return
After Taxes on Distributions |
15.86% |
11.20% |
10.19% |
10.15% |
Return
After Taxes on Distributions and Sale of Fund Shares |
11.94% |
10.65% |
9.55% |
9.70% |
Russell
Midcap®
Growth Index
(reflects
no deduction for expenses, fees, or taxes) |
25.87% |
13.81% |
10.57% |
10.31% |
Management |
Purchase
and sale of Fund shares |
Minimum
Investment Requirements |
|
To
open a new regular Fund account |
$2,500 |
To
open a new regular Fund account with an automatic investment program of
$50 per month |
$100 |
To
open a new UGMA/UTMA account, Coverdell Education Savings Account, or a
retirement Fund account |
|
• without
an automatic investment program |
$1,000 |
• with
an automatic investment program of $50 per month |
$100 |
To
add to any existing type of Fund account without an automatic investment
program |
$50 |
Tax
information |
Payments
to broker-dealers and other financial
intermediaries |
Ticker: |
JFRDX |
Class
D Shares |
|
|
ANNUAL
FUND OPERATING EXPENSES
(expenses
that you pay each year as a percentage of the value of your
investment) |
|
Class
D |
Management
Fees(1) |
|
0.47% |
Other
Expenses |
|
0.14% |
Total
Annual Fund Operating Expenses |
|
0.61% |
|
1
Year |
3
Years |
5
Years |
10
Years |
Class
D Shares |
$ |
$ |
$ |
$ |
|
|
|
Annual
Total Returns for Class D Shares
(calendar year-end) |
|
|
|
|
|
|
|
Average
Annual Total Returns
(periods ended 12/31/23) |
|
|
|
|
|
1
Year |
5
Years |
10
Years |
Since
Inception
of
Predecessor Fund
(5/1/97) |
Class
D Shares |
|
|
|
|
Return
Before Taxes |
39.85% |
16.79% |
13.44% |
11.82% |
Return
After Taxes on Distributions |
36.96% |
14.94% |
10.48% |
10.44% |
Return
After Taxes on Distributions and Sale of Fund Shares |
25.50% |
13.42% |
10.06% |
10.04% |
Russell
1000®
Growth Index
(reflects
no deduction for expenses, fees, or taxes) |
42.68% |
19.50% |
14.86% |
9.43% |
S&P
500®
Index
(reflects
no deduction for expenses, fees, or taxes) |
26.29% |
15.69% |
12.03% |
8.93% |
Management |
Purchase
and sale of Fund shares |
Minimum
Investment Requirements |
|
To
open a new regular Fund account |
$2,500 |
To
open a new regular Fund account with an automatic investment program of
$50 per month |
$100 |
To
open a new UGMA/UTMA account, Coverdell Education Savings Account, or a
retirement Fund account |
|
• without
an automatic investment program |
$1,000 |
• with
an automatic investment program of $50 per month |
$100 |
To
add to any existing type of Fund account without an automatic investment
program |
$50 |
Tax
information |
Payments
to broker-dealers and other financial
intermediaries |
Ticker: |
JNGIX |
Class
D Shares |
|
|
ANNUAL
FUND OPERATING EXPENSES
(expenses
that you pay each year as a percentage of the value of your
investment) |
|
Class
D |
Management
Fees |
|
0.60% |
Other
Expenses |
|
0.15% |
Total
Annual Fund Operating Expenses |
|
0.75% |
|
1
Year |
3
Years |
5
Years |
10
Years |
Class
D Shares |
$ |
$ |
$ |
$ |
|
|
|
Annual
Total Returns for Class D Shares
(calendar year-end) |
|
|
|
|
|
|
|
Average
Annual Total Returns
(periods ended 12/31/23) |
|
|
|
|
|
1
Year |
5
Years |
10
Years |
Since
Inception
(5/15/91) |
Class
D Shares |
|
|
|
|
Return
Before Taxes |
17.98% |
12.82% |
11.04% |
10.81% |
Return
After Taxes on Distributions |
15.85% |
11.34% |
9.47% |
9.63% |
Return
After Taxes on Distributions and Sale of Fund Shares |
12.07% |
10.09% |
8.70% |
9.19% |
S&P
500®
Index
(reflects
no deduction for expenses, fees, or taxes) |
26.29% |
15.69% |
12.03% |
10.35% |
Management |
Purchase
and sale of Fund shares |
Minimum
Investment Requirements |
|
To
open a new regular Fund account |
$2,500 |
To
open a new regular Fund account with an automatic investment program of
$50 per month |
$100 |
To
open a new UGMA/UTMA account, Coverdell Education Savings Account, or a
retirement Fund account |
|
• without
an automatic investment program |
$1,000 |
• with
an automatic investment program of $50 per month |
$100 |
To
add to any existing type of Fund account without an automatic investment
program |
$50 |
Tax
information |
Payments
to broker-dealers and other financial
intermediaries |
Ticker: |
JNRFX |
Class
D Shares |
|
|
ANNUAL
FUND OPERATING EXPENSES
(expenses
that you pay each year as a percentage of the value of your
investment) |
|
Class
D |
Management
Fees(1) |
|
0.48% |
Other
Expenses |
|
0.14% |
Total
Annual Fund Operating Expenses |
|
0.62% |
|
1
Year |
3
Years |
5
Years |
10
Years |
Class
D Shares |
$ |
$ |
$ |
$ |
|
|
|
Annual
Total Returns for Class D Shares
(calendar year-end) |
|
|
|
|
|
|
|
Average
Annual Total Returns
(periods ended 12/31/23) |
|
|
|
|
|
1
Year |
5
Years |
10
Years |
Since
Inception
(5/3/93) |
Class
D Shares |
|
|
|
|
Return
Before Taxes |
43.08% |
16.75% |
12.50% |
11.64% |
Return
After Taxes on Distributions |
42.08% |
15.19% |
10.52% |
10.20% |
Return
After Taxes on Distributions and Sale of Fund Shares |
26.17% |
13.34% |
9.72% |
9.71% |
Russell
1000®
Growth Index
(reflects
no deduction for expenses, fees, or taxes) |
42.68% |
19.50% |
14.86% |
10.60% |
S&P
500®
Index
(reflects
no deduction for expenses, fees, or taxes) |
26.29% |
15.69% |
12.03% |
10.18% |
Management |
Purchase
and sale of Fund shares |
Minimum
Investment Requirements |
|
To
open a new regular Fund account |
$2,500 |
To
open a new regular Fund account with an automatic investment program of
$50 per month |
$100 |
To
open a new UGMA/UTMA account, Coverdell Education Savings Account, or a
retirement Fund account |
|
• without
an automatic investment program |
$1,000 |
• with
an automatic investment program of $50 per month |
$100 |
To
add to any existing type of Fund account without an automatic investment
program |
$50 |
Tax
information |
Payments
to broker-dealers and other financial
intermediaries |
Ticker: |
JANIX |
Class
D Shares |
|
|
ANNUAL
FUND OPERATING EXPENSES
(expenses
that you pay each year as a percentage of the value of your
investment) |
|
Class
D |
Management
Fees |
|
0.64% |
Other
Expenses |
|
0.16% |
Total
Annual Fund Operating Expenses |
|
0.80% |
|
1
Year |
3
Years |
5
Years |
10
Years |
Class
D Shares |
$ |
$ |
$ |
$ |
|
|
|
Annual
Total Returns for Class D Shares
(calendar year-end) |
|
|
|
|
|
|
|
Average
Annual Total Returns
(periods ended 12/31/23) |
|
|
|
|
|
1
Year |
5
Years |
10
Years |
Since
Inception
(2/25/05) |
Class
D Shares |
|
|
|
|
Return
Before Taxes |
14.63% |
9.10% |
8.61% |
11.07% |
Return
After Taxes on Distributions |
12.68% |
7.01% |
6.73% |
9.65% |
Return
After Taxes on Distributions and Sale of Fund Shares(1) |
9.87% |
7.12% |
6.67% |
9.23% |
Russell
2500TM
Growth Index
(reflects
no deduction for expenses, fees, or taxes) |
18.93% |
11.43% |
8.78% |
9.32% |
Russell
2000®
Growth Index
(reflects
no deduction for expenses, fees, or taxes) |
18.66% |
9.22% |
7.16% |
8.19% |
Management |
Purchase
and sale of Fund shares |
Minimum
Investment Requirements |
|
To
open a new regular Fund account |
$2,500 |
To
open a new regular Fund account with an automatic investment program of
$50 per month |
$100 |
To
open a new UGMA/UTMA account, Coverdell Education Savings Account, or a
retirement Fund account |
|
• without
an automatic investment program |
$1,000 |
• with
an automatic investment program of $50 per month |
$100 |
To
add to any existing type of Fund account without an automatic investment
program |
$50 |
Tax
information |
Payments
to broker-dealers and other financial
intermediaries |
Ticker: |
JDDVX |
Class
D Shares |
|
|
ANNUAL
FUND OPERATING EXPENSES
(expenses
that you pay each year as a percentage of the value of your
investment) |
|
Class
D |
Management
Fees |
|
0.60% |
Other
Expenses |
|
9.79% |
Total
Annual Fund Operating Expenses |
|
10.39% |
Fee
Waiver and/or Expense Reimbursement(1) |
|
9.48% |
Total
Annual Fund Operating Expenses After Fee Waiver and/or Expense
Reimbursement(1) |
|
0.91% |
|
1
Year |
3
Years |
5
Years |
10
Years |
Class
D Shares |
$ |
$ |
$ |
$ |
|
|
|
Annual
Total Returns for Class D Shares
(calendar year-end) |
|
|
|
|
|
|
|
Average
Annual Total Returns
(periods ended 12/31/23) |
|
|
|
1
Year |
Since
Inception
(12/20/22) |
Class
D Shares |
|
|
Return
Before Taxes |
6.74% |
7.67% |
Return
After Taxes on Distributions |
6.31% |
7.25% |
Return
After Taxes on Distributions and Sale of Fund Shares |
4.23% |
5.80% |
Russell
1000®
Value Index
(reflects
no deduction for expenses, fees, or taxes) |
11.46% |
12.58% |
Management |
Purchase
and sale of Fund shares |
Minimum
Investment Requirements |
|
To
open a new regular Fund account |
$2,500 |
To
open a new regular Fund account with an automatic investment program of
$50 per month |
$100 |
To
open a new UGMA/UTMA account, Coverdell Education Savings Account, or a
retirement Fund account |
|
• without
an automatic investment program |
$1,000 |
• with
an automatic investment program of $50 per month |
$100 |
To
add to any existing type of Fund account without an automatic investment
program |
$50 |
Tax
information |
Payments
to broker-dealers and other financial
intermediaries |
Ticker: |
JANVX |
Class
D Shares |
|
|
ANNUAL
FUND OPERATING EXPENSES
(expenses
that you pay each year as a percentage of the value of your
investment) |
|
Class
D |
Management
Fees |
|
0.64% |
Other
Expenses |
|
0.16% |
Total
Annual Fund Operating Expenses |
|
0.80% |
|
1
Year |
3
Years |
5
Years |
10
Years |
Class
D Shares |
$ |
$ |
$ |
$ |
|
|
|
Annual
Total Returns for Class D Shares
(calendar year-end) |
|
|
|
|
|
|
|
Average
Annual Total Returns
(periods ended 12/31/23) |
|
|
|
|
|
1
Year |
5
Years |
10
Years |
Since
Inception
(4/30/85) |
Class
D Shares |
|
|
|
|
Return
Before Taxes |
16.14% |
10.30% |
8.32% |
11.53% |
Return
After Taxes on Distributions |
14.66% |
8.62% |
6.67% |
9.44% |
Return
After Taxes on Distributions and Sale of Fund Shares |
10.46% |
8.05% |
6.40% |
9.28% |
Russell
2000®
Growth Index
(reflects
no deduction for expenses, fees, or taxes) |
18.66% |
9.22% |
7.16% |
8.02% |
Russell
2000®
Index
(reflects
no deduction for expenses, fees, or taxes) |
16.93% |
9.97% |
7.16% |
9.36% |
Management |
Purchase
and sale of Fund shares |
Minimum
Investment Requirements |
|
To
open a new regular Fund account |
$2,500 |
To
open a new regular Fund account with an automatic investment program of
$50 per month |
$100 |
To
open a new UGMA/UTMA account, Coverdell Education Savings Account, or a
retirement Fund account |
|
• without
an automatic investment program |
$1,000 |
• with
an automatic investment program of $50 per month |
$100 |
To
add to any existing type of Fund account without an automatic investment
program |
$50 |
Tax
information |
Payments
to broker-dealers and other financial
intermediaries |
Average
Daily Net Assets of Class D Shares of the Janus Henderson
funds |
Administrative
Services Fee |
Under
$40 billion |
0.12% |
$40
billion - $49.9 billion |
0.10% |
Over
$49.9 billion |
0.08% |
Fund
Name |
Average
Daily
Net
Assets
of
the Fund |
Contractual
Investment
Advisory
Fee (%)
(annual
rate) |
Actual
Compensation
Paid
to Adviser (%)
(for
the fiscal year ended
September
30, 2023) |
Janus
Henderson Balanced Fund |
All Asset
Levels |
0.55 |
0.55 |
Janus
Henderson Enterprise Fund |
All Asset
Levels |
0.64 |
0.64 |
Janus
Henderson Growth and Income Fund |
All Asset
Levels |
0.60 |
0.60 |
Janus
Henderson Triton Fund |
All Asset
Levels |
0.64 |
0.64 |
Janus
Henderson U.S. Dividend Income Fund |
First $2
Billion |
0.60 |
|
|
Over $2
Billion |
0.55 |
0.00
(1) |
Janus
Henderson Venture Fund |
All Asset
Levels |
0.64 |
0.64 |
Fund
Name |
Base
Fee
Rate
(%) |
Full
Performance
Rate
vs.
Benchmark
Index |
Performance
Adjusted
Investment
Advisory
Fee
Rate
(%) |
Actual
Compensation
Paid
to Adviser (%)
(for
the fiscal year ended
September
30, 2023) |
Janus
Henderson Contrarian Fund |
0.64 |
± 7.00% |
0.60 |
0.60 |
Janus
Henderson Research Fund |
0.64 |
± 5.00% |
0.48 |
0.48 |
Janus
Henderson Forty Fund |
0.64 |
± 8.50% |
0.47 |
0.47 |
Fund
Name |
Benchmark
Index |
Janus
Henderson Contrarian Fund |
S&P
500 Index |
Janus
Henderson Research Fund |
Russell
1000 Growth Index |
Janus
Henderson Forty Fund |
Russell
1000 Growth Index |
Fund
Name |
Expense
Limit Percentage (%) |
Janus
Henderson Balanced Fund |
0.68 |
Janus
Henderson Contrarian Fund(1)
|
0.75 |
Janus
Henderson Enterprise Fund |
0.80 |
Janus
Henderson Forty Fund(1)
|
0.68 |
Janus
Henderson Growth and Income Fund |
0.62(2) |
Janus
Henderson Research Fund(1)
|
0.68 |
Janus
Henderson Triton Fund |
0.86 |
Janus
Henderson U.S. Dividend Income Fund(3) |
0.75 |
Janus
Henderson Venture Fund |
0.86 |
CLOSED
FUND POLICIES |
LIQUIDATION/REORGANIZATION
OF A FUND |
DISTRIBUTION
OF THE Funds |
Distributions |
Distribution
Options |
TAXES |
Janus
Henderson XpressLinetm
1-888-979-7737
•
24-hour automated phone system
Janus
Henderson Representatives
1-800-525-3713
TDD
For
the speech and hearing impaired.
1-800-525-0056 |
Mailing
Address
Janus
Henderson
P.O.
Box 219109
Kansas
City, MO 64121-9109
For
Overnight Mail
Janus
Henderson
430
W 7th Street, Suite 219109
Kansas
City, MO 64105-1407 |
Minimum
Investments* |
To
open a new regular Fund account |
$2,500 |
To
open a new regular Fund account with an automatic investment program of
$50 per month |
$100 |
To
open a new UGMA/UTMA account, Coverdell Education Savings Account, or a
retirement Fund account |
|
• without
an automatic investment program |
$1,000 |
• with
an automatic investment program of $50 per month |
$100 |
To
add to any existing type of Fund account without an automatic investment
program |
$50 |
Available
Incentive Programs |
Types
of Account Ownership |
Tax-Advantaged
Accounts |
Accounts
for the Benefit of a Child |
To
Open an Account or Buy Shares |
To
Exchange Shares |
To
Sell Shares |
Average
Daily Net Assets of Class D Shares of the Janus Henderson
funds |
Administrative
Services Fee |
Under
$40 billion |
0.12% |
$40
billion - $49.9 billion |
0.10% |
Over
$49.9 billion |
0.08% |
Written
Instructions |
Signature
Guarantee |
Availability
of Portfolio Holdings
Information |
|
Years ended
September 30 | ||||
|
2023 |
2022 |
2021 |
2020 |
2019 |
Net
Asset Value, Beginning of Period |
$36.04 |
$44.40 |
$38.89 |
$35.54 |
$35.30 |
Income/(Loss)
from Investment Operations: |
|
|
|
|
|
Net
investment income/(loss)(1) |
0.78 |
0.41 |
0.42 |
0.56 |
0.68 |
Net
realized and unrealized gain/(loss) |
3.26 |
(6.68) |
6.04 |
3.77 |
1.82 |
Total
from Investment Operations |
4.04 |
(6.27) |
6.46 |
4.33 |
2.50 |
Less
Dividends and Distributions: |
|
|
|
|
|
Dividends
(from net investment income) |
(0.83) |
(0.41) |
(0.49) |
(0.59) |
(0.67) |
Distributions
(from capital gains) |
(0.32) |
(1.68) |
(0.46) |
(0.39) |
(1.59) |
Return
of capital |
— |
— |
— |
— |
— |
Total
Dividends and Distributions |
(1.15) |
(2.09) |
(0.95) |
(0.98) |
(2.26) |
Net
Asset Value, End of Period |
$38.93 |
$36.04 |
$44.40 |
$38.89 |
$35.54 |
Total
Return* |
11.24% |
(14.97)% |
16.80% |
12.39% |
7.95% |
Net
Assets, End of Period (in thousands) |
$2,049,685 |
$1,946,256 |
$2,362,421 |
$2,022,689 |
$1,860,900 |
Average
Net Assets for the Period (in thousands) |
$2,083,254 |
$2,286,371 |
$2,246,350 |
$1,895,563 |
$1,759,287 |
Ratios
to Average Net Assets**: |
|
|
|
|
|
Ratio
of Gross Expenses |
0.70% |
0.70% |
0.70% |
0.71% |
0.72% |
Ratio
of Net Expenses (After Waivers and Expense Offsets) |
0.70% |
0.70% |
0.70% |
0.71% |
0.72% |
Ratio
of Net Investment Income/(Loss) |
1.99% |
0.98% |
0.99% |
1.54% |
2.00% |
Portfolio
Turnover Rate(2) |
92% |
79% |
60% |
90% |
81% |
|
Years ended
September 30 | ||||
|
2023 |
2022 |
2021 |
2020 |
2019 |
Net
Asset Value, Beginning of Period |
$21.01 |
$31.54 |
$22.56 |
$21.70 |
$21.65 |
Income/(Loss)
from Investment Operations: |
|
|
|
|
|
Net
investment income/(loss)(1) |
0.17 |
0.09 |
0.10 |
0.17 |
0.16 |
Net
realized and unrealized gain/(loss) |
3.84 |
(7.79) |
9.33 |
3.19 |
1.37 |
Total
from Investment Operations |
4.01 |
(7.70) |
9.43 |
3.36 |
1.53 |
Less
Dividends and Distributions: |
|
|
|
|
|
Dividends
(from net investment income) |
(0.12) |
(0.09) |
(0.14) |
(0.18) |
(0.06) |
Distributions
(from capital gains) |
— |
(2.74) |
(0.31) |
(2.32) |
(1.42) |
Return
of capital |
— |
— |
— |
— |
— |
Total
Dividends and Distributions |
(0.12) |
(2.83) |
(0.45) |
(2.50) |
(1.48) |
Net
Asset Value, End of Period |
$24.90 |
$21.01 |
$31.54 |
$22.56 |
$21.70 |
Total
Return* |
19.15% |
(26.60)% |
42.18% |
16.29% |
8.99% |
Net
Assets, End of Period (in thousands) |
$2,400,757 |
$2,122,792 |
$3,021,999 |
$2,152,848 |
$1,988,711 |
Average
Net Assets for the Period (in thousands) |
$2,445,180 |
$2,758,198 |
$2,773,321 |
$1,994,412 |
$1,855,826 |
Ratios
to Average Net Assets**: |
|
|
|
|
|
Ratio
of Gross Expenses |
0.76% |
0.86% |
0.90% |
0.72% |
0.71% |
Ratio
of Net Expenses (After Waivers and Expense Offsets) |
0.76% |
0.86% |
0.90% |
0.72% |
0.71% |
Ratio
of Net Investment Income/(Loss) |
0.67% |
0.33% |
0.34% |
0.83% |
0.80% |
Portfolio
Turnover Rate |
45% |
48% |
37% |
68% |
76% |
|
Years ended
September 30 | ||||
|
2023 |
2022 |
2021 |
2020 |
2019 |
Net
Asset Value, Beginning of Period |
$120.89 |
$174.13 |
$142.10 |
$139.87 |
$134.99 |
Income/(Loss)
from Investment Operations: |
|
|
|
|
|
Net
investment income/(loss)(1) |
0.61 |
0.18 |
0.25 |
0.33 |
0.37 |
Net
realized and unrealized gain/(loss) |
20.24 |
(28.23) |
45.06 |
8.20 |
11.50 |
Total
from Investment Operations |
20.85 |
(28.05) |
45.31 |
8.53 |
11.87 |
Less
Dividends and Distributions: |
|
|
|
|
|
Dividends
(from net investment income) |
— |
(0.52) |
(0.46) |
(0.15) |
(0.19) |
Distributions
(from capital gains) |
(12.57) |
(24.67) |
(12.82) |
(6.15) |
(6.80) |
Return
of capital |
— |
— |
— |
— |
— |
Total
Dividends and Distributions |
(12.57) |
(25.19) |
(13.28) |
(6.30) |
(6.99) |
Net
Asset Value, End of Period |
$129.17 |
$120.89 |
$174.13 |
$142.10 |
$139.87 |
Total
Return* |
18.20% |
(18.82)% |
32.99% |
6.15% |
10.22% |
Net
Assets, End of Period (in thousands) |
$2,189,482 |
$1,937,787 |
$2,507,220 |
$1,983,824 |
$2,061,471 |
Average
Net Assets for the Period (in thousands) |
$2,204,896 |
$2,337,701 |
$2,394,871 |
$1,974,784 |
$1,930,540 |
Ratios
to Average Net Assets**: |
|
|
|
|
|
Ratio
of Gross Expenses |
0.79% |
0.79% |
0.79% |
0.80% |
0.81% |
Ratio
of Net Expenses (After Waivers and Expense Offsets) |
0.79% |
0.79% |
0.79% |
0.80% |
0.81% |
Ratio
of Net Investment Income/(Loss) |
0.47% |
0.12% |
0.15% |
0.25% |
0.28% |
Portfolio
Turnover Rate |
14% |
9% |
12% |
14% |
13% |
|
Years ended
September 30 | ||||
|
2023 |
2022 |
2021 |
2020 |
2019 |
Net
Asset Value, Beginning of Period |
$32.47 |
$54.28 |
$45.24 |
$35.99 |
$36.25 |
Income/(Loss)
from Investment Operations: |
|
|
|
|
|
Net
investment income/(loss)(1) |
0.13 |
0.01 |
(0.15) |
—(2) |
0.09 |
Net
realized and unrealized gain/(loss) |
9.68 |
(16.58) |
13.04 |
11.86 |
2.18 |
Total
from Investment Operations |
9.81 |
(16.57) |
12.89 |
11.86 |
2.27 |
Less
Dividends and Distributions: |
|
|
|
|
|
Dividends
(from net investment income) |
— |
(0.03) |
— |
(0.08) |
— |
Distributions
(from capital gains) |
(0.02) |
(5.21) |
(3.85) |
(2.53) |
(2.53) |
Return
of capital |
— |
— |
— |
— |
— |
Total
Dividends and Distributions |
(0.02) |
(5.24) |
(3.85) |
(2.61) |
(2.53) |
Net
Asset Value, End of Period |
$42.26 |
$32.47 |
$54.28 |
$45.24 |
$35.99 |
Total
Return* |
30.23% |
(33.86)% |
30.00% |
34.88% |
8.03% |
Net
Assets, End of Period (in thousands) |
$9,953,141 |
$8,069,316 |
$12,846,210 |
$10,287,828 |
$8,018,389 |
Average
Net Assets for the Period (in thousands) |
$9,391,893 |
$11,038,490 |
$11,890,281 |
$8,759,841 |
$7,517,796 |
Ratios
to Average Net Assets**: |
|
|
|
|
|
Ratio
of Gross Expenses |
0.61% |
0.69% |
0.82% |
0.80% |
0.79% |
Ratio
of Net Expenses (After Waivers and Expense Offsets) |
0.61% |
0.69% |
0.82% |
0.80% |
0.75% |
Ratio
of Net Investment Income/(Loss) |
0.33% |
0.03% |
(0.29)% |
0.00%(3) |
0.27% |
Portfolio
Turnover Rate |
39% |
39% |
31% |
42% |
44% |
|
Years ended
September 30 | ||||
|
2023 |
2022 |
2021 |
2020 |
2019 |
Net
Asset Value, Beginning of Period |
$59.97 |
$74.09 |
$59.87 |
$58.58 |
$59.27 |
Income/(Loss)
from Investment Operations: |
|
|
|
|
|
Net
investment income/(loss)(1) |
0.83 |
0.74 |
0.67 |
0.93 |
1.09 |
Net
realized and unrealized gain/(loss) |
10.28 |
(10.34) |
16.11 |
2.54 |
2.28 |
Total
from Investment Operations |
11.11 |
(9.60) |
16.78 |
3.47 |
3.37 |
Less
Dividends and Distributions: |
|
|
|
|
|
Dividends
(from net investment income) |
(0.84) |
(0.76) |
(0.70) |
(0.96) |
(1.09) |
Distributions
(from capital gains) |
(3.42) |
(3.76) |
(1.86) |
(1.22) |
(2.97) |
Return
of capital |
— |
— |
— |
— |
— |
Total
Dividends and Distributions |
(4.26) |
(4.52) |
(2.56) |
(2.18) |
(4.06) |
Net
Asset Value, End of Period |
$66.82 |
$59.97 |
$74.09 |
$59.87 |
$58.58 |
Total
Return* |
18.94% |
(14.17)% |
28.63% |
6.07% |
6.71% |
Net
Assets, End of Period (in thousands) |
$3,980,874 |
$3,529,397 |
$4,284,567 |
$3,506,038 |
$3,546,939 |
Average
Net Assets for the Period (in thousands) |
$4,003,145 |
$4,238,795 |
$4,038,177 |
$3,410,901 |
$3,396,252 |
Ratios
to Average Net Assets**: |
|
|
|
|
|
Ratio
of Gross Expenses |
0.75% |
0.75% |
0.75% |
0.76% |
0.76% |
Ratio
of Net Expenses (After Waivers and Expense Offsets) |
0.75% |
0.75% |
0.75% |
0.76% |
0.76% |
Ratio
of Net Investment Income/(Loss) |
1.24% |
1.04% |
0.97% |
1.64% |
1.95% |
Portfolio
Turnover Rate |
22% |
17% |
11% |
24% |
13% |
|
Years ended
September 30 | ||||
|
2023 |
2022 |
2021 |
2020 |
2019 |
Net
Asset Value, Beginning of Period |
$45.30 |
$71.42 |
$59.86 |
$49.98 |
$53.74 |
Income/(Loss)
from Investment Operations: |
|
|
|
|
|
Net
investment income/(loss)(1) |
0.11 |
0.02 |
(0.01) |
0.17 |
0.24 |
Net
realized and unrealized gain/(loss) |
14.41 |
(17.29) |
13.48 |
14.87 |
0.50 |
Total
from Investment Operations |
14.52 |
(17.27) |
13.47 |
15.04 |
0.74 |
Less
Dividends and Distributions: |
|
|
|
|
|
Dividends
(from net investment income) |
(0.09) |
— |
(0.07) |
(0.23) |
(0.15) |
Distributions
(from capital gains) |
(0.11) |
(8.85) |
(1.84) |
(4.93) |
(4.35) |
Return
of capital |
— |
— |
— |
— |
— |
Total
Dividends and Distributions |
(0.20) |
(8.85) |
(1.91) |
(5.16) |
(4.50) |
Net
Asset Value, End of Period |
$59.62 |
$45.30 |
$71.42 |
$59.86 |
$49.98 |
Total
Return* |
32.18% |
(27.96)% |
22.89% |
32.40% |
3.20% |
Net
Assets, End of Period (in thousands) |
$12,534,833 |
$10,017,030 |
$14,715,777 |
$12,635,778 |
$10,221,640 |
Average
Net Assets for the Period (in thousands) |
$11,667,368 |
$13,156,776 |
$14,113,628 |
$11,047,912 |
$9,901,606 |
Ratios
to Average Net Assets**: |
|
|
|
|
|
Ratio
of Gross Expenses |
0.62% |
0.64% |
0.66% |
0.66% |
0.69% |
Ratio
of Net Expenses (After Waivers and Expense Offsets) |
0.62% |
0.64% |
0.66% |
0.66% |
0.68% |
Ratio
of Net Investment Income/(Loss) |
0.21% |
0.03% |
(0.02)% |
0.32% |
0.50% |
Portfolio
Turnover Rate |
27% |
32% |
31% |
38% |
41% |
|
Years ended
September 30 | ||||
|
2023 |
2022 |
2021 |
2020 |
2019 |
Net
Asset Value, Beginning of Period |
$24.15 |
$39.82 |
$30.99 |
$30.79 |
$33.89 |
Income/(Loss)
from Investment Operations: |
|
|
|
|
|
Net
investment income/(loss)(1) |
(0.01) |
(0.10) |
(0.14) |
(0.07) |
0.01 |
Net
realized and unrealized gain/(loss) |
2.68 |
(8.64) |
10.56 |
1.60 |
(1.21) |
Total
from Investment Operations |
2.67 |
(8.74) |
10.42 |
1.53 |
(1.20) |
Less
Dividends and Distributions: |
|
|
|
|
|
Dividends
(from net investment income) |
— |
— |
— |
— |
— |
Distributions
(from capital gains) |
(1.52) |
(6.93) |
(1.59) |
(1.33) |
(1.90) |
Return
of capital |
— |
— |
— |
— |
— |
Total
Dividends and Distributions |
(1.52) |
(6.93) |
(1.59) |
(1.33) |
(1.90) |
Net
Asset Value, End of Period |
$25.30 |
$24.15 |
$39.82 |
$30.99 |
$30.79 |
Total
Return* |
11.39% |
(26.39)% |
33.85% |
4.98% |
(2.41)% |
Net
Assets, End of Period (in thousands) |
$890,168 |
$864,531 |
$1,289,904 |
$1,057,332 |
$1,191,950 |
Average
Net Assets for the Period (in thousands) |
$938,887 |
$1,111,102 |
$1,297,945 |
$1,088,543 |
$1,183,056 |
Ratios
to Average Net Assets**: |
|
|
|
|
|
Ratio
of Gross Expenses |
0.80% |
0.79% |
0.78% |
0.80% |
0.80% |
Ratio
of Net Expenses (After Waivers and Expense Offsets) |
0.80% |
0.79% |
0.78% |
0.80% |
0.80% |
Ratio
of Net Investment Income/(Loss) |
(0.06)% |
(0.32)% |
(0.37)% |
(0.25)% |
0.04% |
Portfolio
Turnover Rate |
19% |
8% |
24% |
32% |
26% |
|
Years ended
September 30 |
|
2023(1) |
Net
Asset Value, Beginning of Period |
$10.00 |
Income/(Loss)
from Investment Operations: |
|
Net
investment income/(loss)(2) |
0.17 |
Net
realized and unrealized gain/(loss) |
(0.19) |
Total
from Investment Operations |
(0.02) |
Less
Dividends and Distributions: |
|
Dividends
(from net investment income) |
(0.09) |
Distributions
(from capital gains) |
— |
Return
of capital |
— |
Total
Dividends and Distributions |
(0.09) |
Net
Asset Value, End of Period |
$9.89 |
Total
Return* |
(0.25)% |
Net
Assets, End of Period (in thousands) |
$2,363 |
Average
Net Assets for the Period (in thousands) |
$1,411 |
Ratios
to Average Net Assets**: |
|
Ratio
of Gross Expenses |
10.39% |
Ratio
of Net Expenses (After Waivers and Expense Offsets) |
0.92% |
Ratio
of Net Investment Income/(Loss) |
2.11% |
Portfolio
Turnover Rate |
85% |
|
Years ended
September 30 | ||||
|
2023 |
2022 |
2021 |
2020 |
2019 |
Net
Asset Value, Beginning of Period |
$69.81 |
$110.41 |
$84.98 |
$79.17 |
$90.73 |
Income/(Loss)
from Investment Operations: |
|
|
|
|
|
Net
investment income/(loss)(1) |
(0.13) |
(0.32) |
(0.47) |
(0.22) |
(0.08) |
Net
realized and unrealized gain/(loss) |
7.00 |
(27.95) |
31.52 |
9.21 |
(4.75) |
Total
from Investment Operations |
6.87 |
(28.27) |
31.05 |
8.99 |
(4.83) |
Less
Dividends and Distributions: |
|
|
|
|
|
Dividends
(from net investment income) |
— |
— |
— |
— |
— |
Distributions
(from capital gains) |
(3.14) |
(12.33) |
(5.62) |
(3.18) |
(6.73) |
Return
of capital |
— |
— |
— |
— |
— |
Total
Dividends and Distributions |
(3.14) |
(12.33) |
(5.62) |
(3.18) |
(6.73) |
Net
Asset Value, End of Period |
$73.54 |
$69.81 |
$110.41 |
$84.98 |
$79.17 |
Total
Return* |
10.06% |
(28.42)% |
37.07% |
11.52% |
(3.87)% |
Net
Assets, End of Period (in thousands) |
$1,557,240 |
$1,500,311 |
$2,228,324 |
$1,731,098 |
$1,668,639 |
Average
Net Assets for the Period (in thousands) |
$1,641,508 |
$1,877,171 |
$2,160,434 |
$1,645,324 |
$1,668,200 |
Ratios
to Average Net Assets**: |
|
|
|
|
|
Ratio
of Gross Expenses |
0.80% |
0.79% |
0.78% |
0.80% |
0.80% |
Ratio
of Net Expenses (After Waivers and Expense Offsets) |
0.80% |
0.79% |
0.78% |
0.80% |
0.80% |
Ratio
of Net Investment Income/(Loss) |
(0.18)% |
(0.37)% |
(0.45)% |
(0.28)% |
(0.10)% |
Portfolio
Turnover Rate |
23% |
14% |
21% |
25% |
19% |
Equity
and Debt Securities |
Futures,
Options, and Other
Derivatives |
Other
Investments, Strategies, and/or
Techniques |