|
Institutional
Shares
Ticker |
Fixed
Income | |
Janus
Henderson Flexible Bond Portfolio |
JAFLX |
Global
& International | |
Janus
Henderson Global Research Portfolio |
JAWGX |
Janus
Henderson Global Sustainable Equity Portfolio |
JHISX |
Janus
Henderson Overseas Portfolio |
JAIGX |
Growth
& Core | |
Janus
Henderson Balanced Portfolio |
JABLX |
Janus
Henderson Enterprise Portfolio |
JAAGX |
Janus
Henderson Forty Portfolio |
JACAX |
Janus
Henderson Research Portfolio |
JAGRX |
Specialty
Equity | |
Janus
Henderson Global Technology and Innovation
Portfolio |
JGLTX |
Value | |
Janus
Henderson Mid Cap Value Portfolio |
JAMVX |
Classification,
investment
policies
and restrictions,
and investment
strategies
and risks |
2 |
Investment
adviser |
50 |
Custodian,
transfer
agent,
and certain
affiliations |
61 |
Securities
lending |
63 |
Portfolio
transactions
and brokerage |
64 |
Shares
of the trust |
70 |
Net
Asset Value Determination |
70 |
Purchases |
70 |
Redemptions |
71 |
Income
dividends,
capital
gains
distributions,
and tax
status |
73 |
Trustees
and officers |
75 |
Principal
shareholders |
90 |
Miscellaneous
information |
93 |
Shares
of the Trust |
93 |
Shareholder
Meetings |
93 |
Voting
Rights |
94 |
Independent
Registered Public Accounting Firm |
94 |
Registration
Statement |
94 |
Financial
statements |
95 |
Appendix
A – explanation
of rating
categories |
96 |
Appendix
B – proxy
voting
policy
and procedures |
98 |
Janus
Aspen Series |
Classification |
Adviser |
Investment
Policies and Restrictions Applicable to all
Portfolios |
Investment
Policy Applicable to Balanced
Portfolio |
Investment
Strategies and Risks |
Portfolio
Turnover |
Portfolio
Name |
Portfolio
Turnover Rate for
the
fiscal year ended
December
31, 2023 |
Portfolio
Turnover Rate for
the
fiscal year ended
December
31, 2022 |
Fixed
Income |
|
|
Flexible
Bond Portfolio |
203% |
182% |
Global
& International |
|
|
Global
Research Portfolio |
25% |
32% |
Global
Sustainable Equity Portfolio |
17% |
15%
(1) |
Overseas
Portfolio |
30% |
36% |
Growth
& Core |
|
|
Balanced
Portfolio |
97% |
89% |
Enterprise
Portfolio |
13% |
15% |
Forty
Portfolio |
36% |
39% |
Research
Portfolio |
27% |
30% |
Specialty
Equity |
|
|
Global
Technology and Innovation Portfolio |
41% |
43% |
Value |
|
|
Mid
Cap Value Portfolio |
47% |
48% |
Portfolio
Holdings Disclosure Policies and
Procedures |
Name |
Frequency |
Lag
Time |
Acuity
Knowledge Partners (UK) Limited |
As
needed |
1
day or more |
Adviser
Compliance Associates, LLC |
As
needed |
Current |
Alpha
Financial Markets Consulting |
Monthly |
Current |
Barclays
Risk Analytics and Index Solutions Limited |
Daily |
Current |
Barra,
Inc. |
Daily |
Current |
Bloomberg
Finance L.P. |
Daily |
Current |
Boston
Financial Data Services, Inc. |
As
needed |
Current |
BNP
Paribas Fund Services LLC |
Daily |
Current |
BNP
Paribas New York Branch |
Daily |
Current
|
Name |
Frequency |
Lag
Time |
BNP
Paribas Prime Brokerage, Inc. |
Daily |
Current |
BNP
Paribas Securities Services |
Daily |
Current |
BNP
Securities Corp. |
Daily |
Current |
Brown
Brothers Harriman & Co. |
Daily |
Current |
Callan
Associates Inc. |
As
needed |
Current |
Charles
River Brokerage, LLC |
As
needed |
Current |
Charles
River Systems, Inc. |
As
needed |
Current |
Charles
Schwab & Co., Inc. |
As
needed |
Current |
Command
Financial Press Corporation |
As
needed |
2
days |
Deloitte
& Touche LLP |
As
needed |
Current |
Deloitte
Tax LLP |
As
needed |
Current |
DTCC
Loan/SERV LLC |
Daily |
Current |
Eagle
Investment Systems LLC |
As
needed |
Current |
Envestnet
Asset Management Inc. |
As
needed |
Current |
Ernst
& Young Global Limited |
Semiannually |
1-2
days |
Ernst
& Young LLP |
As
needed |
Current |
FactSet
Research Systems, Inc. |
As
needed |
Current |
Fintech
SISU LLC |
Daily |
Current |
FIS
Financial Systems LLC – Wall Street Concepts (WSC) |
As
needed |
Current |
FlexTrade
LLC |
Daily |
Current |
Frank
Russell Company |
As
needed |
Current |
HedgeFacts |
Weekly |
7
days |
HeterMedia
Services Limited |
Monthly |
Current |
IHS
Markit |
Daily |
Current |
Infotech
Consulting Inc. |
Daily |
Current |
Institutional
Shareholder Services, Inc. |
Daily |
Current |
Interactive
Data (Europe) Limited |
Quarterly |
10
days |
Interactive
Data Pricing and Reference Data LLC |
Daily |
Current |
International
Data Corporation |
Daily |
Current |
Investment
Technology Group, Inc. |
Daily |
Current |
JPMorgan
Chase Bank, National Association |
Daily |
Current |
KPMG
LLP |
As
needed |
Current |
LendAmend
LLC |
As
needed |
Current |
Markit
EDM Limited |
Daily |
Current |
Markit
Group Limited |
Daily |
Current |
Merrill
Communications LLC |
Quarterly |
Current |
Moody’s
Investors Service Inc. |
Weekly |
7
days or more |
Nasdaq
Inc. |
Daily |
Current |
PricewaterhouseCoopers
LLP |
As
needed |
Current |
Prima
Capital Holding, Inc. |
As
needed |
Current |
Prima
Capital Management, Inc. |
Quarterly |
15
days |
RR
Donnelley and Sons Company |
Daily |
Current |
Russell/Mellon
Analytical Services, LLC |
Monthly |
Current |
Seismic
Software, Inc. |
Quarterly |
7
days |
SimCorp
USA, Inc. |
As
needed |
Current |
SS&C
Technologies, Inc. |
As
needed |
Current |
Standard
& Poor’s |
Daily |
Current |
Standard
& Poor’s Financial Services |
Weekly |
2
days or more |
Standard
& Poor’s Securities Evaluation |
Daily |
Current
|
Name |
Frequency |
Lag
Time |
The
Ohio National Life Insurance Company |
As
needed |
Current |
Thomson
Reuters (Markets) LLC |
Daily |
Current |
TradingScreen
Inc. |
As
needed |
Current |
TriOptima
AB |
Daily |
Current |
Wachovia
Securities LLC |
As
needed |
Current |
Wilshire
Associates Incorporated |
As
needed |
Current |
Zephyr
Associates, Inc. |
Quarterly |
Current |
Investment
Adviser – Janus Henderson Investors US
LLC |
Portfolio
Name |
Average
Daily Net
Assets
of the Portfolio |
Contractual
Investment
Advisory
Fees/Base
Fees (%)
(annual
rate) |
Fixed
Income |
|
|
Flexible
Bond Portfolio |
First
$300 Million
Over
$300 Million |
0.55 0.45 |
Global
& International |
|
|
Global
Research Portfolio |
N/A |
0.60 |
Global
Sustainable Equity Portfolio |
First
$2 Billion
Over
$2 Billion |
0.75 0.70 |
Overseas
Portfolio |
N/A |
0.64 |
Growth
& Core |
|
|
Balanced
Portfolio |
All
Asset Levels |
0.55 |
Enterprise
Portfolio |
All
Asset Levels |
0.64 |
Forty
Portfolio |
N/A |
0.64 |
Research
Portfolio |
N/A |
0.64 |
Specialty
Equity |
|
|
Global
Technology and Innovation Portfolio |
All
Asset Levels |
0.64 |
Value |
|
|
Mid
Cap Value Portfolio |
N/A |
0.64 |
Performance-Based
Investment Advisory Fee |
Portfolio
Name |
Effective
Date of
Performance
Fee
Arrangement |
Effective
Date of
First
Adjustment
to
Advisory Fee |
Global
Research Portfolio |
02/01/06 |
02/01/07 |
Mid
Cap Value Portfolio |
02/01/06 |
02/01/07 |
Research
Portfolio |
07/01/10 |
07/01/11 |
Overseas
Portfolio |
07/01/10 |
10/01/11 |
Forty
Portfolio |
07/01/10 |
01/01/12 |
Portfolio
Name |
Benchmark
Index |
Base
Fee Rate (%)
(annual
rate) |
Global
Research Portfolio |
MSCI
World Indexsm(1)
|
0.60 |
Mid
Cap Value Portfolio |
Russell
Midcap®
Value Index(2)
|
0.64 |
Research
Portfolio |
Russell
1000 Growth Index(3)
|
0.64 |
Overseas
Portfolio |
MSCI
All Country World ex-USA Indexsm(4)
|
0.64 |
Forty
Portfolio |
Russell
1000 Growth Index(3)
|
0.64 |
Portfolio
Name |
Net
Assets |
Global
Research Portfolio |
$805,019,837 |
Mid
Cap Value Portfolio |
$110,890,341 |
Research
Portfolio |
$592,440,712 |
Overseas
Portfolio |
$659,233,249 |
Forty
Portfolio |
$1,027,982,400 |
Base
Fee Rate |
Performance
Adjustment Rate |
Total
Advisory Fee Rate
for
that Month |
1/12th
of 0.60% |
1/12th
of 0.15% |
1/12th
of 0.75% |
Base
Fee Rate |
Performance
Adjustment Rate |
Total
Advisory Fee Rate
for
that Month |
1/12th
of 0.60% |
0.00 |
1/12th
of 0.60% |
Base
Fee Rate |
Performance
Adjustment Rate |
Total
Advisory Fee Rate
for
that Month |
1/12th
of 0.60% |
1/12th
of -0.15% |
1/12th
of 0.45% |
Base
Fee Rate |
Performance
Adjustment Rate |
Total
Advisory Fee Rate
for
that Month |
1/12th
of 0.64% |
1/12th
of 0.15% |
1/12th
of 0.79% |
Base
Fee Rate |
Performance
Adjustment Rate |
Total
Advisory Fee Rate
for
that Month |
1/12th
of 0.64% |
0.00 |
1/12th
of 0.64% |
Base
Fee Rate |
Performance
Adjustment Rate |
Total
Advisory Fee Rate
for
that Month |
1/12th
of 0.64% |
1/12th
of -0.15% |
1/12th
of 0.49% |
Base
Fee Rate |
Performance
Adjustment Rate |
Total
Advisory Fee Rate
for
that Month |
1/12th
of 0.64% |
1/12th
of 0.15% |
1/12th
of 0.79% |
Base
Fee Rate |
Performance
Adjustment Rate |
Total
Advisory Fee Rate
for
that Month |
1/12th
of 0.64% |
0.00 |
1/12th
of 0.64% |
Base
Fee Rate |
Performance
Adjustment Rate |
Total
Advisory Fee Rate
for
that Month |
1/12th
of 0.64% |
1/12th
of -0.15% |
1/12th
of 0.49% |
Base
Fee Rate |
Performance
Adjustment Rate |
Total
Advisory Fee Rate
for
that Month |
1/12th
of 0.64% |
1/12th
of 0.15% |
1/12th
of 0.79% |
Base
Fee Rate |
Performance
Adjustment Rate |
Total
Advisory Fee Rate
for
that Month |
1/12th
of 0.64% |
0.00 |
1/12th
of 0.64% |
Base
Fee Rate |
Performance
Adjustment Rate |
Total
Advisory Fee Rate
for
that Month |
1/12th
of 0.64% |
1/12th
of -0.15% |
1/12th
of 0.49% |
Base
Fee Rate |
Performance
Adjustment Rate |
Total
Advisory Fee Rate
for
that Month |
1/12th
of 0.64% |
1/12th
of 0.15% |
1/12th
of 0.79% |
Base
Fee Rate |
Performance
Adjustment Rate |
Total
Advisory Fee Rate
for
that Month |
1/12th
of 0.64% |
0.00 |
1/12th
of 0.64% |
Base
Fee Rate |
Performance
Adjustment Rate |
Total
Advisory Fee Rate
for
that Month |
1/12th
of 0.64% |
1/12th
of -0.15% |
1/12th
of 0.49% |
Expense
Limitations |
Portfolio
Name |
Expense
Limit
Percentage
(%) |
Fixed
Income |
|
Flexible
Bond Portfolio |
0.52 |
Global
& International |
|
Global
Sustainable Equity Portfolio |
0.80
(1) |
Specialty
Equity |
|
Global
Technology and Innovation Portfolio |
0.95 |
Value |
|
Mid
Cap Value Portfolio(2) |
0.77 |
|
2023 |
2022 |
2021 | |||
Portfolio
Name |
Advisory
Fees |
Waivers
and/or
Expense
Reimbursements(–) |
Advisory
Fees |
Waivers
and/or
Expense
Reimbursements(–) |
Advisory
Fees |
Waivers
and/or
Expense
Reimbursements(–) |
Fixed
Income |
|
|
|
|
|
|
Flexible
Bond
Portfolio |
$2,873,244 |
$−349,159 |
$2,966,310 |
$−121,274 |
$3,221,764 |
$−75,934
|
|
2023 |
2022 |
2021 | |||
Portfolio
Name |
Advisory
Fees |
Waivers
and/or
Expense
Reimbursements(–) |
Advisory
Fees |
Waivers
and/or
Expense
Reimbursements(–) |
Advisory
Fees |
Waivers
and/or
Expense
Reimbursements(–) |
Global
&
International |
|
|
|
|
|
|
Global
Research
Portfolio |
$3,830,430 |
N/A |
$4,099,295 |
N/A |
$6,078,903 |
N/A |
Global
Sustainable
Equity
Portfolio |
$41,088 |
$−41,088(1) |
$32,021(2) |
$−32,021(1)(2) |
N/A |
N/A |
Overseas
Portfolio |
$5,208,024 |
N/A |
$5,147,426 |
N/A |
$5,692,276 |
N/A |
Growth
& Core |
|
|
|
|
|
|
Balanced
Portfolio |
$43,281,842 |
N/A |
$42,839,760 |
N/A |
$41,924,613 |
N/A |
Enterprise
Portfolio |
$9,350,039 |
N/A |
$9,456,266 |
N/A |
$11,179,646 |
N/A |
Forty
Portfolio |
$4,363,375 |
N/A |
$4,324,698 |
N/A |
$8,257,681 |
N/A |
Research
Portfolio |
$2,499,230 |
N/A |
$2,471,248 |
N/A |
$3,482,270 |
N/A |
Specialty
Equity |
|
|
|
|
|
|
Global
Technology
and
Innovation
Portfolio |
$4,802,775 |
$0 |
$4,209,296 |
$0 |
$5,612,789 |
$0 |
Value |
|
|
|
|
|
|
Mid
Cap Value
Portfolio |
$581,920 |
$0 |
$600,193 |
$0 |
$656,650 |
$0 |
Payments
to Financial Intermediaries By the Adviser or Its
Affiliates |
Additional
Information About the Adviser |
Proxy
Voting Policy and Procedures |
|
2023 |
2022 |
2021 |
Portfolio
Name |
Administrative
Services
Fees |
Administrative
Services
Fees |
Administrative
Services
Fees |
Fixed
Income |
|
|
|
Flexible
Bond Portfolio |
$55,849 |
$57,686 |
$68,622 |
Global
& International |
|
|
|
Global
Research Portfolio |
$262,241 |
$264,150 |
$317,542 |
Global
Sustainable Equity Portfolio |
$1,338 |
$1,056
(1) |
N/A |
Overseas
Portfolio |
$74,641 |
$73,472 |
$83,913 |
Growth
& Core |
|
|
|
Balanced
Portfolio |
$200,586 |
$213,353 |
$241,736 |
Enterprise
Portfolio |
$300,567 |
$310,945 |
$380,542 |
Forty
Portfolio |
$185,851 |
$186,838 |
$248,460 |
Research
Portfolio |
$194,539 |
$194,239 |
$247,916 |
Specialty
Equity |
|
|
|
Global
Technology and Innovation Portfolio |
$22,643 |
$20,646 |
$27,972 |
Value |
|
|
|
Mid
Cap Value Portfolio |
$24,534 |
$25,340 |
$27,233 |
|
Fees
and/or compensation for securities lending activities and related
services: |
| |||||||
|
Gross
income
from
securities
lending
activities |
Fees
paid to
securities
lending
agent
from
revenue
split |
Fees
paid for any cash
collateral
management
services
(including fees
deducted
from a pooled
cash
collateral
reinvestment
vehicle)
that
are not included in
the
revenue split |
Administrative
fees
not included
in
the revenue
split |
Indemnification
fees
not included
in
the revenue
split |
Rebate
(paid
to borrower) |
Other
fees not
included
in
revenue
split |
Aggregate
fees
and/or
compensation for
securities
lending
activities |
Net
income from
securities
lending
activities |
Fixed
Income |
|
|
|
|
|
|
|
|
|
Flexible
Bond Portfolio |
$213,699 |
$(8,426) |
$(1,595) |
$— |
$— |
$(106,769) |
$— |
$(116,791) |
$96,908 |
Global
& International |
|
|
|
|
|
|
|
|
|
Global
Research Portfolio |
$30,640 |
$(430) |
$(257) |
$— |
$— |
$(25,005) |
$— |
$(25,691) |
$4,949 |
Overseas
Portfolio |
$85,501 |
$(2,473) |
$(724) |
$— |
$— |
$(53,857) |
$— |
$(57,055) |
$28,446 |
Growth
& Core |
|
|
|
|
|
|
|
|
|
Enterprise
Portfolio |
$82,965 |
$(1,288) |
$(613) |
$— |
$— |
$(66,248) |
$— |
$(68,149) |
$14,816 |
Forty
Portfolio |
$31,476 |
$(363) |
$(233) |
$— |
$— |
$(26,708) |
$— |
$(27,304) |
$4,171 |
Research
Portfolio |
$20,908 |
$(303) |
$(150) |
$— |
$— |
$(16,971) |
$— |
$(17,424) |
$3,484 |
Special
Equity |
|
|
|
|
|
|
|
|
|
Global
Technology and Innovation
Portfolio |
$37,479 |
$(1,201) |
$(263) |
$— |
$— |
$(22,210) |
$— |
$(23,674) |
$13,805 |
Portfolio
Name |
Commissions |
Transactions |
Global
& International |
|
|
Global
Research Portfolio |
$246,438 |
$413,110,918 |
Global
Sustainable Equity Portfolio |
$228 |
$3,059,587 |
Overseas
Portfolio |
$199,451 |
$435,407,927 |
Growth
& Core |
|
|
Balanced
Portfolio |
$242,103 |
$16,921,620,035 |
Enterprise
Portfolio |
$165,011 |
$399,450,691 |
Forty
Portfolio |
$130,141 |
$711,133,499 |
Research
Portfolio |
$68,869 |
$329,644,167 |
Portfolio
Name |
Commissions |
Transactions |
Specialty
Equity |
|
|
Global
Technology and Innovation Portfolio |
$188,560 |
$616,997,807 |
Value |
|
|
Mid
Cap Value Portfolio |
$40,735 |
$122,464,819 |
Portfolio
Name |
2023 |
2022 |
2021 |
Fixed
Income |
|
|
|
Flexible
Bond Portfolio |
$24,588 |
$11,776 |
$77 |
Global
& International |
|
|
|
Global
Research Portfolio |
$317,214 |
$343,365 |
$286,009 |
Global
Sustainable Equity Portfolio |
$784 |
$2,297
(1) |
N/A |
Overseas
Portfolio |
$381,616 |
$469,890 |
$431,999 |
Growth
& Core |
|
|
|
Balanced
Portfolio |
$586,916 |
$561,884 |
$403,674 |
Enterprise
Portfolio |
$223,248 |
$221,874 |
$210,453 |
Forty
Portfolio |
$175,727 |
$209,040 |
$198,839 |
Research
Portfolio |
$90,374 |
$111,171 |
$122,450 |
Specialty
Equity |
|
|
|
Global
Technology and Innovation Portfolio |
$267,780 |
$192,013 |
$213,393 |
Value |
|
|
|
Mid
Cap Value Portfolio |
$62,500 |
$73,919 |
$73,681 |
Portfolio
Name |
Name
of Broker-Dealer |
Value
of Securities Owned |
Fixed
Income | ||
Flexible
Bond Portfolio |
Barclays
Capital Inc. |
$1,323,335 |
BMO
Capital Markets Corp. |
725,878 | |
Citigroup
Global Markets Inc. |
1,008,291 | |
Goldman
Sachs & Co. LLC |
940,162 | |
JP
Morgan Securities LLC |
9,234,982 | |
Merrill
Lynch, Pierce, Fenner & Smith Inc. |
7,717,604 | |
Morgan
Stanley |
11,197,983 | |
Wells
Fargo Securities, LLC |
186,724 | |
Global
& International | ||
Global
Research Portfolio |
JP
Morgan Securities LLC |
$15,530,810 |
Merrill
Lynch, Pierce, Fenner & Smith Inc. |
6,917,737 | |
Morgan
Stanley |
5,199,434
|
Portfolio
Name |
Name
of Broker-Dealer |
Value
of Securities Owned |
Growth
& Core | ||
Balanced
Portfolio |
Barclays
Capital Inc. |
$2,311,950 |
BMO
Capital Markets Corp. |
4,752,084 | |
Citigroup
Global Markets Inc. |
14,016,023 | |
Goldman
Sachs & Co. LLC |
11,896,146 | |
JP
Morgan Securities LLC |
156,553,010 | |
Merrill
Lynch, Pierce, Fenner & Smith Inc. |
47,375,071 | |
Morgan
Stanley |
125,756,019 | |
Wells
Fargo Securities, LLC |
978,076 | |
Forty
Portfolio |
JP
Morgan Securities LLC |
$17,967,323 |
RBC
Capital Markets, LLC |
289,172 | |
Research
Portfolio |
RBC
Capital Markets, LLC |
$123,985 |
Value | ||
Mid
Cap Value Portfolio |
ING
Financial Markets LLC |
$1,300,000 |
Jefferies
LLC |
1,964,977 |
Net
Asset Value Determination |
Purchases |
Redemptions |
TRUSTEES | |||||
Name,
Address,
and
Age |
Positions
Held
with
the
Trust |
Length
of
Time
Served |
Principal
Occupations
During
the Past Five Years |
Number
of
Portfolios/Funds
in
Fund Complex
Overseen
by
Trustee |
Other
Directorships
Held
by Trustee
During
the Past Five Years |
Independent
Trustees |
|
|
|
|
|
Alan
A. Brown
151
Detroit Street
Denver,
CO 80206
DOB:
1962 |
Chairman Trustee |
5/22-Present 1/13-Present |
Principal,
Curam Holdings
LLC
(since 2018). Formerly,
Executive
Vice President,
Institutional
Markets, of Black
Creek
Group (private equity
real
estate investment
management
firm)
(2012-2018),
Executive Vice
President
and Co-Head, Global
Private
Client Group
(2007-2010),
Executive Vice
President,
Mutual Funds
(2005-2007),
and Chief
Marketing
Officer (2001-2005)
of
Nuveen Investments, Inc.
(asset
management). |
47 |
Advisory
Board Member of
AEW
Core Property Trust
(open-end
property fund)
(since
2020), and Director of
WTTW
(PBS affiliate) (since
2003).
Formerly, Director of
MotiveQuest
LLC (strategic
social
market research
company)
(2003-2016),
Director
of Nuveen Global
Investors
LLC (2007-2011),
Director
of Communities in
Schools
(2004-2010), and
Director
of Mutual Fund
Education
Alliance (until
2010). |
Cheryl
D. Alston
151
Detroit Street
Denver,
CO 80206
DOB:
1966 |
Trustee |
8/22-Present |
Executive
Director and Chief
Investment
Officer, Employees’
Retirement
Fund of the City of
Dallas
(since 2004). |
47 |
Director
of Blue Cross Blue
Shield
of Kansas City (a
not-for-profit
health insurance
provider)
(since 2016) and
Director
of Global Life
Insurance
(life and
supplemental
health insurance
provider)
(since 2017).
Formerly,
Director of Federal
Home
Loan Bank of Dallas
(2017-2021).
|
TRUSTEES | |||||
Name,
Address,
and
Age |
Positions
Held
with
the
Trust |
Length
of
Time
Served |
Principal
Occupations
During
the Past Five Years |
Number
of
Portfolios/Funds
in
Fund Complex
Overseen
by
Trustee |
Other
Directorships
Held
by Trustee
During
the Past Five Years |
Independent
Trustees (cont’d.) |
|
|
|
|
|
William
D. Cvengros
151
Detroit Street
Denver,
CO 80206
DOB:
1948 |
Trustee |
1/11-Present |
Chief
Executive Officer of SJC
Capital,
LLC (a personal
investment
company and
consulting
firm) (since 2002).
Formerly,
Chief Executive
Officer
and President of
PIMCO
Advisors Holdings L.P.
(a
publicly traded investment
management
firm)
(1994-2000),
and Chief
Investment
Officer
(1987-1994)
and Vice
Chairman
and Director
(1990-1994)
of Pacific Life
Insurance
Company (a mutual
life
insurance and annuity
company)
(1987-1994). |
47 |
Board
Member, Revitate
Capital
(alternate asset
manager)
(since 2023),
Member,
Limited Partner
Advisory
Committee, Karmel
Capital
Fund III (later stage
growth
fund) (since 2022),
Member
of the Investment
Committee
for the Orange
County
Community
Foundation
(a grantmaking
foundation)
(since 2020),
Advisory
Board Member,
RevOZ
Fund LP and related
funds
(real estate investments
for
opportunity zones) (since
2020),
and Advisory Board
Member,
Innovate Partners
Emerging
Growth and Equity
Fund
I (early stage venture
capital
fund) (since 2014).
Formerly,
Managing Trustee of
National
Retirement Partners
Liquidating
Trust
(2013-2016),
Chairman,
National
Retirement Partners,
Inc.
(formerly a network of
advisors
to 401(k) plans)
(2005-2013),
Director of
Prospect
Acquisition Corp. (a
special
purpose acquisition
corporation)
(2007-2009),
Director
of RemedyTemp, Inc.
(temporary
help services
company)
(1996-2006), and
Trustee
of PIMCO Funds
Multi-Manager
Series
(1990-2000)
and Pacific Life
Variable
Life & Annuity Trusts
(1987-1994). |
Raudline
Etienne
151
Detroit Street
Denver,
CO 80206
DOB:
1965 |
Trustee |
6/16-Present |
Founder,
Daraja Capital
(advisory
and investment firm)
(since
2016). Formerly, Senior
Vice
President and Senior
Advisor,
Albright Stonebridge
Group
LLC (global strategy
firm)
(2011-2021), and
Deputy
Comptroller and Chief
Investment
Officer, New York
State
Common Retirement
Fund
(public pension fund)
(2008-2011). |
47 |
Member
of the Investment
Committee
for Cooper Union
(private
college) (since 2021)
and
Director of Brightwood
Capital
Advisors, LLC (since
2014).
Formerly, Board
Member,
Van Alen Institute
(nonprofit
architectural and
design
organization)
(2019-2022).
|
TRUSTEES | |||||
Name,
Address,
and
Age |
Positions
Held
with
the
Trust |
Length
of
Time
Served |
Principal
Occupations
During
the Past Five Years |
Number
of
Portfolios/Funds
in
Fund Complex
Overseen
by
Trustee |
Other
Directorships
Held
by Trustee
During
the Past Five Years |
Independent
Trustees (cont’d.) |
|
|
|
|
|
Darrell
B. Jackson
151
Detroit Street
Denver,
CO 80206
DOB:
1958 |
Trustee |
8/22-Present |
President
and Chief Executive
Officer,
The Efficace
Group
Inc. (since 2018).
Formerly,
President and Chief
Executive
Officer, Seaway Bank
and
Trust Company
(community
bank)
(2014-2015),
and Executive
Vice
President and
Co-President,
Wealth
Management
(2009-2014),
and
several senior positions,
including
Group Executive,
Senior
Vice President, and Vice
President
(1995-2009) of
Northern
Trust Company
(financial
services company)
(1995-2014). |
47 |
Advisory
Board Member,
Dome
Construction
(construction)
(since 2023),
Director
of Amalgamated
Financial
Corp (bank) (since
August
2021), Director of YR
Media
(a not-for-profit
production
company) (since
2021),
and Director of
Gray-Bowen-Scott
(transportation
project
consulting
firm) (since April
2020).
Formerly, Director of
Delaware
Place Bank (closely
held
commercial bank)
(2016-2018)
and Director of
Seaway
Bank and Trust
Company
(2014-2015). |
William
F. McCalpin
151
Detroit Street
Denver,
CO 80206
DOB:
1957 |
Trustee |
6/02-Present |
Chief
Executive Officer, muun
chi
LLC (organic food
business)
(since 2022) and
Independent
Consultant (since
2019).
Formerly, Chief
Operating
Officer, muun chi
LLC
(2020-2022), Managing
Partner,
Impact Investments,
Athena
Capital Advisors LLC
(independent
registered
investment
advisor)
(2016-2019),
Managing
Director,
Holos Consulting
LLC
(provides consulting
services
to foundations and
other
nonprofit organizations)
(2009-2016),
Chief Executive
Officer,
Imprint Capital
Advisors
(impact investment
firm)
(2013-2015), and
Executive
Vice President and
Chief
Operating Officer of The
Rockefeller
Brothers Fund (a
private
family foundation)
(1998-2006). |
47 |
Formerly,
Trustee and
Chairman
of the Board of The
Investment
Fund for
Foundations
Investment
Program
(TIP) (2008-2023),
Director
of the F.B. Heron
Foundation
(a private
grantmaking
foundation)
(2006-2022),
and Director of
Mutual
Fund Directors Forum
(a
non-profit organization
serving
independent directors
of
U.S. mutual funds)
(2016-2021).
|
TRUSTEES | |||||
Name,
Address,
and
Age |
Positions
Held
with
the
Trust |
Length
of
Time
Served |
Principal
Occupations
During
the Past Five Years |
Number
of
Portfolios/Funds
in
Fund Complex
Overseen
by
Trustee |
Other
Directorships
Held
by Trustee
During
the Past Five Years |
Independent
Trustees (cont’d.) |
|
|
|
|
|
Gary
A. Poliner
151
Detroit Street
Denver,
CO 80206
DOB:
1953 |
Trustee |
6/16-Present |
Retired.
Formerly, President
(2010-2013)
of Northwestern
Mutual
Life Insurance
Company. |
47 |
Formerly,
Director of MGIC
Investment
Corporation
(private
mortgage insurance)
(2013-2023),
Director, West
Bend
Mutual Insurance
Company
(property/casualty
insurance)
(2013-2021),
Trustee
of Northwestern
Mutual
Life Insurance
Company
(2010-2013), and
Director
of Frank Russell
Company
(global asset
management
firm)
(2008-2013). |
Diane
L. Wallace
151
Detroit Street
Denver,
CO 80206
DOB:
1958 |
Trustee |
6/17-Present |
Retired.
Formerly, Chief
Operating
Officer, Senior Vice
President-Operations,
and
Chief
Financial Officer for
Driehaus
Capital Management,
LLC
(1988-2006) and
Treasurer
for Driehaus Mutual
Funds
(1996-2002). |
47 |
Formerly,
Director of Family
Service
of Lake County
(2019-2021),
Independent
Trustee,
Henderson Global
Funds
(13 portfolios)
(2015-2017),
Independent
Trustee,
State Farm Associates’
Funds
Trust, State Farm
Mutual
Fund Trust, and
State
Farm Variable Product
Trust
(28 portfolios)
(2013-2017). |
OFFICERS | |||
Name,
Address,
and
Age |
Positions
Held with the Trust |
Term
of
Office*
and
Length
of Time
Served |
Principal
Occupations
During
the Past Five Years |
Jeremiah
Buckley
151
Detroit Street
Denver,
CO 80206
DOB:
1976 |
Executive
Vice President and Co-Portfolio Manager
Balanced
Portfolio |
12/15-Present |
Portfolio
Manager for other Janus
Henderson
accounts. |
Hamish
Chamberlayne
151
Detroit Street
Denver,
CO 80206
DOB:
1980 |
Executive
Vice President and Co-Portfolio Manager
Global
Sustainable Equity Portfolio |
1/22-Present |
Head
of Global Sustainable Equities of
Janus
Henderson Investors and Portfolio
Manager
for other Janus Henderson
accounts. |
Jonathan
Cofsky
151
Detroit Street
Denver,
CO 80206
DOB:
1983 |
Executive
Vice President and Co-Portfolio Manager
Global
Technology and Innovation Portfolio |
3/22-Present |
Portfolio
Manager for other Janus
Henderson
accounts and Analyst for the
Adviser. |
Joshua
Cummings
151
Detroit Street
Denver,
CO 80206
DOB:
1970 |
Executive
Vice President and Co-Portfolio Manager
Global
Research Portfolio Executive
Vice President and Co-Portfolio Manager
Research
Portfolio |
1/24-Present 1/24-Present |
Head
of the Consumer and
Communications
Sector Team at Janus
Henderson
Investors, Portfolio Manager for
other
Janus Henderson accounts, and
Analyst
for the Adviser.
|
OFFICERS | |||
Name,
Address,
and
Age |
Positions
Held with the Trust |
Term
of
Office*
and
Length
of Time
Served |
Principal
Occupations
During
the Past Five Years |
Brian
Demain
151
Detroit Street
Denver,
CO 80206
DOB:
1977 |
Executive
Vice President and Lead Portfolio
Manager
Enterprise
Portfolio |
11/07-Present |
Portfolio
Manager for other Janus
Henderson
accounts. |
Denny
Fish
151
Detroit Street
Denver,
CO 80206
DOB:
1971 |
Executive
Vice President and Lead Portfolio
Manager
Global
Technology and Innovation Portfolio |
1/16-Present |
Head
of Technology Sector Team at Janus
Henderson
Investors and Portfolio Manager
for
other Janus Henderson accounts. |
John
Jordan
151
Detroit Street
Denver,
CO 80206
DOB:
1972 |
Executive
Vice President and Co-Portfolio Manager
Global
Research Portfolio Executive
Vice President and Co-Portfolio Manager
Research
Portfolio |
1/24-Present 1/24-Present |
Head
of the Financials Sector Team at
Janus
Henderson Investors, Portfolio
Manager
for other Janus Henderson
accounts,
and Analyst for the Adviser. |
Michael
Keough
151
Detroit Street
Denver,
CO 80206
DOB:
1978 |
Executive
Vice President and Co-Portfolio Manager
Flexible
Bond Portfolio Executive
Vice President and Co-Portfolio Manager
Balanced
Portfolio |
12/15-Present 12/19-Present |
Portfolio
Manager for other Janus
Henderson
accounts. |
Julian
McManus
151
Detroit Street
Denver,
CO 80206
DOB:
1970 |
Executive
Vice President and Lead Portfolio
Manager
Overseas
Portfolio |
1/18-Present |
Portfolio
Manager for other Janus
Henderson
accounts and Analyst for the
Adviser. |
Christopher
O’Malley
151
Detroit Street
Denver,
CO 80206
DOB:
1972 |
Executive
Vice President and Co-Portfolio Manager
Overseas
Portfolio |
1/24-Present |
Portfolio
Manager for other Janus
Henderson
accounts and Analyst for the
Adviser. |
Matthew
Peron
151
Detroit Street
Denver,
CO 80206
DOB:
1968 |
Executive
Vice President and Co-Portfolio Manager
Global
Research Portfolio Executive
Vice President and Co-Portfolio Manager
Research
Portfolio |
4/20-Present 4/20-Present |
Global
Head of Solutions at Janus
Henderson
Investors and Portfolio Manager
for
other Janus Henderson accounts.
Formerly,
Chief Investment Officer for City
National
Rochdale (2018-2020), Executive
Vice
President and Managing Director of
Global
Equity at Northern Trust
(2005-2018). |
Kevin
Preloger
151
Detroit Street
Denver,
CO 80206
DOB:
1975 |
Executive
Vice President and Co-Portfolio Manager
Mid
Cap Value Portfolio |
4/13-Present |
Portfolio
Manager for other Janus
Henderson
accounts. |
A.
Douglas Rao(1)
151
Detroit Street
Denver,
CO 80206
DOB:
1974 |
Executive
Vice President and Co-Portfolio Manager
Forty
Portfolio |
6/13-Present |
Portfolio
Manager for other Janus
Henderson
accounts. |
Brian
Recht
151
Detroit Street
Denver,
CO 80206
DOB:
1987 |
Executive
Vice President and Co-Portfolio Manager
Forty
Portfolio |
3/22-Present |
Portfolio
Manager for other Janus
Henderson
accounts and Analyst for the
Adviser. |
Nick
Schommer
151
Detroit Street
Denver,
CO 80206
DOB:
1978 |
Executive
Vice President and Co-Portfolio Manager
Forty
Portfolio |
1/16-Present |
Portfolio
Manager for other Janus
Henderson
accounts.
|
OFFICERS | |||
Name,
Address,
and
Age |
Positions
Held with the Trust |
Term
of
Office*
and
Length
of Time
Served |
Principal
Occupations
During
the Past Five Years |
Aaron
Scully
151
Detroit Street
Denver,
CO 80206
DOB:
1976 |
Executive
Vice President and Co-Portfolio Manager
Global
Sustainable Equity Portfolio |
1/22-Present |
Portfolio
Manager for other Janus
Henderson
accounts. |
Justin
Tugman
151
Detroit Street
Denver,
CO 80206
DOB:
1973 |
Executive
Vice President and Co-Portfolio Manager
Mid
Cap Value Portfolio |
3/15-Present |
Portfolio
Manager for other Janus
Henderson
accounts. |
Cody
Wheaton
151
Detroit Street
Denver,
CO 80206
DOB:
1978 |
Executive
Vice President and Co-Portfolio Manager
Enterprise
Portfolio |
7/16-Present |
Portfolio
Manager for other Janus
Henderson
accounts and Analyst for the
Adviser. |
Greg
Wilensky
151
Detroit Street
Denver,
CO 80206
DOB:
1967 |
Executive
Vice President and Co-Portfolio Manager
Flexible
Bond Portfolio Executive
Vice President and Co-Portfolio Manager
Balanced
Portfolio |
2/20-Present 2/20-Present |
Head
of U.S. Fixed-Income of Janus
Henderson
Investors and Portfolio Manager
for
other Janus Henderson accounts.
Formerly,
Director and Lead Portfolio
Manager
of the U.S. Multi-Sector Fixed
Income
team at AllianceBernstein
(2007-2019). |
Michelle
Rosenberg
151
Detroit Street
Denver,
CO 80206
DOB:
1973 |
President
and Chief Executive Officer |
9/22-Present |
General
Counsel and Corporate Secretary
at
Janus Henderson Investors (since 2018).
Formerly,
Interim President and Chief
Executive
Officer of the Trust and Janus
Investment
Fund (2022), Senior Vice
President
and Head of Legal, North
America
at Janus Henderson Investors
(2017-2018)
and Deputy General Counsel
at
Janus Henderson US (Holdings) Inc.
(2015-2018). |
Kristin
Mariani
151
Detroit Street
Denver,
CO 80206
DOB:
1966 |
Vice
President and Chief Compliance Officer |
7/20-Present |
Head
of Compliance, North America at
Janus
Henderson Investors (since
September
2020) and Chief Compliance
Officer
at Janus Henderson Investors US
LLC
(since September 2017). Formerly,
Anti-Money
Laundering Officer for the
Trust
and Janus Investment Fund (July
2020-December
2022), Global Head of
Investment
Management Compliance at
Janus
Henderson Investors (February
2019-August
2020), Vice President, Head
of
Global Distribution Compliance and
Chief
Compliance Officer at Janus
Henderson
Distributors US LLC (May
2017-September
2017), Vice President,
Compliance
at Janus Henderson US
(Holdings)
Inc., Janus Henderson Investors
US
LLC, and Janus Henderson Distributors
US
LLC (2009-2017). |
Jesper
Nergaard
151
Detroit Street
Denver,
CO 80206
DOB:
1962 |
Chief
Financial Officer Vice
President, Treasurer, and Principal Accounting
Officer |
3/05-Present 2/05-Present |
Head
of U.S. Fund Administration, Janus
Henderson
Investors US LLC and Janus
Henderson
Services US LLC.
|
OFFICERS | |||
Name,
Address,
and
Age |
Positions
Held with the Trust |
Term
of
Office*
and
Length
of Time
Served |
Principal
Occupations
During
the Past Five Years |
Abigail
J. Murray
151
Detroit Street
Denver,
CO 80206
DOB:
1975 |
Vice
President, Chief Legal Counsel, and Secretary |
12/20-Present |
Managing
Counsel (since 2020). Formerly,
Senior
Counsel for Invesco Ltd.
(2017-2020). |
Ciaran
Askin
151
Detroit Street
Denver,
CO 80206
DOB:
1978 |
Anti-Money
Laundering Officer |
12/22-Present |
Global
Head of Financial Crime, Janus
Henderson
Investors (since 2022).
Formerly,
Global Head of Financial Crime
for
Invesco Ltd. (2017-2022). |
|
Summary
of Functions |
Members
(Independent
Trustees) |
Number
of Meetings
Held
During Last
Fiscal
Year Ended
December
31, 2023 |
Audit
Committee |
Reviews
the Trust’s financial reporting process,
the
system of internal controls over financial
reporting,
disclosure controls and procedures,
including
the review of the adequacy of relevant
personnel
and the review of reports related to
such
system of internal controls, Form N-CSR,
Form
N-CEN, and Form N-PORT filings, and
the
audit process. The Committee’s review of the
audit
process includes, among other things, the
appointment,
compensation, and oversight of
the
Trust’s independent auditor, which performs
the
audits of the Trust’s financial statements,
regular
meetings and communication with
relevant
personnel at the Adviser and the
independent
auditor, and preapproval of all
audit
and nonaudit services. The Committee
also
reviews any significant changes or
improvements
in accounting and audit
processes
that have been implemented. The
Committee
receives reports from the Trust’s
Chief
Financial Officer, Treasurer, and Principal
Accounting
Officer, and from personnel
responsible
for internal audit functions related
to
financial reporting. The Committee also
oversees
service providers that provide fund
accounting
and portfolio accounting services to
the
Trust. |
Diane
L. Wallace (Chair)
Cheryl
D. Alston
William
D. Cvengros
Gary
A. Poliner |
6 |
Investment
Oversight
Committee |
Oversees
the investment activities of the series
of
the Trust. The Committee meets regularly
with
investment personnel at the Adviser and
any
subadviser to the Portfolios to review the
investment
performance, investment risk
characteristics,
objectives, and strategies of the
Portfolios.
The Committee reviews reports
regarding
the use of derivative instruments by
the
Portfolios and information and reports with
respect
to proposed new investment
instruments
and techniques. The Committee
reviews
various matters related to the operations
of
the Janus Henderson money market funds,
including
the review of reports related to such
operations,
compliance with the Trust’s Money
Market
Fund Procedures, and Rule 2a-7 under
the
1940 Act. |
Raudline
Etienne (Chair)
Cheryl
D. Alston
Alan
A. Brown
William
D. Cvengros
Darrell
B. Jackson
William
F. McCalpin
Gary
A. Poliner
Diane
L. Wallace |
5
|
|
Summary
of Functions |
Members
(Independent
Trustees) |
Number
of Meetings
Held
During Last
Fiscal
Year Ended
December
31, 2023 |
Nominating
and
Governance
Committee |
Identifies
and recommends individuals for
Trustee
membership, recommends an
independent
Trustee to serve as Board Chair,
consults
with Portfolio officers and the Board
Chair
in planning Trustee meetings, reviews the
responsibilities
of each Board committee, which
includes
the need for new committees and the
continuation
of existing committees, and
oversees
the administration of, and ensures
compliance
with, the Trust’s Governance
Procedures
and Guidelines adopted by the
Trustees.
The Committee also leads the Trustees’
annual
self-assessment process and continuing
education
program, reviews, and proposes
changes
to, Trustee compensation, and oversees
the
administration of the Trust’s insurance
program. |
William
F. McCalpin (Chair)
Alan
A. Brown
Diane
L. Wallace |
7 |
Operations
Committee |
Oversees
certain matters related to the operation
of
the Trust. The Committee receives reports
regarding
the operation of the Trust’s securities
lending
program, the implementation of the
Proxy
Voting Procedures and Guidelines, and
various
information technology, cybersecurity,
and
data privacy risks related to the Trust and
the
Trust’s service providers. The Committee
oversees
service providers providing
operations-related
services to the Trust,
including
the Trust’s custodian and transfer
agent.
The Committee receives reports from
personnel
responsible for the Trust’s enterprise
risk
function and the Adviser’s internal audit
function.
In addition, the Committee oversees
compliance
with certain procedures adopted by
the
Trust under exemptive orders of the SEC. |
Gary
A. Poliner (Chair)
Alan
A. Brown
Darrell
B. Jackson
William
F. McCalpin |
5 |
Product
and Distribution
Committee |
Provides
oversight of matters regarding the
Trust’s
product lineup and the distribution of
shares
of the Portfolios. The Committee reviews
matters
relating to the initial strategy, design,
and
positioning of new Portfolios and material
changes
to the strategy, design, and/or
positioning
of existing Portfolios. The
Committee
receives reports regarding potential
Portfolio
closures, liquidations, or mergers,
certain
Portfolio fees and expenses, and
marketing
and distribution strategies for the
Portfolios
including payments made by the
Portfolios
pursuant to the Trust’s distribution
and
shareholder servicing plans. The Committee
reviews
certain regulatory filings made with the
SEC
and oversees and receives reporting from
service
providers providing product and
distribution-related
services to the Trust. |
Alan
A. Brown (Chair)
Raudline
Etienne
Darrell
B. Jackson
William
F. McCalpin |
7
|
|
Summary
of Functions |
Members
(Independent
Trustees) |
Number
of Meetings
Held
During Last
Fiscal
Year Ended
December
31, 2023 |
Trading
and Pricing
Committee |
Oversees
matters relating to the pricing of the
Portfolios’
securities and the placement of
portfolio
transactions. The Committee oversees
the
Adviser as valuation designee and reviews
reports
on fair valuation determinations and
valuation
methodologies regarding securities
and
investments held by the Portfolios pursuant
to
valuation procedures established by the
Adviser
and approved by the Board of Trustees.
The
Committee also reviews other matters
related
to pricing the Portfolios’ securities and
approves
changes to the valuation procedures.
The
Committee receives reporting regarding
portfolio
transactions with affiliates undertaken
in
accordance with the Trust’s procedures,
efforts
to obtain best execution in connection
with
portfolio transactions and commissions
paid
to firms supplying research and brokerage
services.
The Committee also receives reports
regarding
foreign exchange trading by the
Portfolios.
In addition, the Committee oversees
service
providers providing trading and
pricing-related
services to the Trust and reviews
reports
from the administrator of the Trust’s
liquidity
risk management program. |
Gary
A. Poliner (Chair)
Cheryl
D. Alston
William
D. Cvengros
Diane
L. Wallace |
4 |
Name
of Trustee |
Dollar
Range of Equity Securities
in
the Portfolios |
Aggregate
Dollar Range of Equity Securities
in
All Registered Investment Companies in the Fund
Complex |
Independent
Trustees |
|
|
Alan
A. Brown |
None |
Over
$100,000 |
Cheryl
D. Alston |
None |
Over
$100,000 |
William
D. Cvengros |
None |
Over
$100,000 |
Raudline
Etienne |
None |
Over
$100,000(1) |
Darrell
B. Jackson |
None |
Over
$100,000 |
William
F. McCalpin |
None |
Over
$100,000(1) |
Gary
A. Poliner |
None |
Over
$100,000(1) |
Diane
L. Wallace |
None |
Over
$100,000 |
Name
of Person, Position |
Aggregate
Compensation
from
the
Portfolios for
fiscal
year ended
December
31, 2023 |
Total
Compensation
from
the
Fund Complex for
calendar
year ended
December
31, 2023(1)(2) |
Independent
Trustees |
|
|
Alan
A. Brown, Chairman and Trustee(3)(4) |
$8,402 |
$475,000 |
Cheryl
D. Alston, Trustee |
$4,949 |
$280,000 |
William
D. Cvengros, Trustee(4) |
$5,302 |
$300,000 |
Raudline
Etienne, Trustee(4) |
$5,320 |
$301,000 |
Darrell
B. Jackson, Trustee |
$5,276 |
$298,500 |
William
F. McCalpin, Trustee(4) |
$6,174 |
$349,000 |
Gary
A. Poliner, Trustee(4) |
$6,204 |
$351,000 |
Diane
L. Wallace, Trustee(4) |
$6,262 |
$354,000 |
Janus
Henderson Portfolio
Management |
|
|
Other
Registered
Investment
Companies |
Other
Pooled
Investment
Vehicles |
Other
Accounts |
Jeremiah
Buckley |
Number
of Other Accounts Managed |
5 |
4 |
6 |
|
Assets
in Other Accounts Managed |
$33,501.28
M |
$7,256.83
M |
$95.45
M |
Hamish
Chamberlayne |
Number
of Other Accounts Managed |
3 |
6 |
7
(1) |
|
Assets
in Other Accounts Managed |
$46.81
M |
$4,219.98
M |
$1,165.83
M |
Jonathan
Cofsky |
Number
of Other Accounts Managed |
1 |
1 |
3 |
|
Assets
in Other Accounts Managed |
$5,701.35
M |
$393.00
M |
$139.46
M |
Joshua
Cummings(2) |
Number
of Other Accounts Managed |
None |
None |
None |
|
Assets
in Other Accounts Managed |
None |
None |
None |
Brian
Demain |
Number
of Other Accounts Managed |
5 |
1 |
8 |
|
Assets
in Other Accounts Managed |
$22,521.21
M |
$563.33
M |
$1,802.55
M |
Denny
Fish |
Number
of Other Accounts Managed |
1 |
1 |
3 |
|
Assets
in Other Accounts Managed |
$5,701.35
M |
$393.00
M |
$139.46
M |
John
Jordan(2) |
Number
of Other Accounts Managed |
None |
1 |
None |
|
Assets
in Other Accounts Managed |
None |
$114.17
M |
None |
Michael
Keough |
Number
of Other Accounts Managed |
6 |
11 |
19 |
|
Assets
in Other Accounts Managed |
$30,039.29
M |
$8,992.35
M |
$4,847.04
M |
Julian
McManus |
Number
of Other Accounts Managed |
3
(3) |
3 |
3 |
|
Assets
in Other Accounts Managed |
$5,579.41
M |
$1,176.10
M |
$373.72
M |
Christopher
O’Malley(4) |
Number
of Other Accounts Managed |
None |
None |
None |
|
Assets
in Other Accounts Managed |
None |
None |
None |
Matthew
Peron |
Number
of Other Accounts Managed |
2
(5) |
3 |
11 |
|
Assets
in Other Accounts Managed |
$22,458.81
M |
$632.29
M |
$1,407.58
M |
|
|
Other
Registered
Investment
Companies |
Other
Pooled
Investment
Vehicles |
Other
Accounts |
Kevin
Preloger |
Number
of Other Accounts Managed |
3
(6) |
2 |
3 |
|
Assets
in Other Accounts Managed |
$2,201.30
M |
$160.93
M |
$105.05
M |
A.
Douglas Rao(7) |
Number
of Other Accounts Managed |
3
(8) |
4 |
19 |
|
Assets
in Other Accounts Managed |
$19,785.37
M |
$1,540.62
M |
$4,817.69
M |
Brian
Recht |
Number
of Other Accounts Managed |
3
(8) |
4 |
18 |
|
Assets
in Other Accounts Managed |
$19,785.37
M |
$1,540.62
M |
$4,756.85
M |
Nick
Schommer |
Number
of Other Accounts Managed |
4
(9) |
5 |
21 |
|
Assets
in Other Accounts Managed |
$24,354.43
M |
$1,560.20
M |
$4,831.65
M |
Aaron
Scully |
Number
of Other Accounts Managed |
3 |
5 |
6
(1) |
|
Assets
in Other Accounts Managed |
$46.81
M |
$3,639.17
M |
$1,100.65
M |
Justin
Tugman |
Number
of Other Accounts Managed |
4
(10) |
2 |
4 |
|
Assets
in Other Accounts Managed |
$4,702.02
M |
$160.93
M |
$190.09
M |
Cody
Wheaton |
Number
of Other Accounts Managed |
5 |
1 |
8 |
|
Assets
in Other Accounts Managed |
$22,521.21
M |
$563.33
M |
$1,802.55
M |
Greg
Wilensky |
Number
of Other Accounts Managed |
6 |
8 |
12 |
|
Assets
in Other Accounts Managed |
$30,043.75
M |
$8,515.88
M |
$1,026.25
M |
JANUS
HENDERSON PORTFOLIO MANAGEMENT
COMPENSATION
INFORMATION |
Ownership
of Securities |
Portfolio
Name |
Shareholder
and Address of Record |
Percentage
Ownership |
Flexible
Bond Portfolio |
AUL
Group Retirement Account II
Indianapolis,
IN |
18.14% |
|
AUL
Individual Variable Annuity
Unit
Trust 1
Indianapolis,
IN |
11.48% |
|
Great-West
Life & Annuity
Client
Plans 2T2
Englewood,
CO |
7.82% |
|
GE
Life & Annuity Company
(GELAAC)
Richmond,
VA |
7.15% |
|
Great-West
Life & Annuity
FBO
Schwab Annuities Advisor Choice
Greenwood
Village, CO |
6.59% |
|
Allstate
Life Insurance
Palatine,
IL |
5.04% |
Global
Research Portfolio |
NYLife
Distributors
Jersey
City, NJ |
36.05% |
|
GE
Life & Annuity Company
(GELAAC)
Richmond,
VA |
6.28% |
|
Allstate
Life Insurance
Palatine,
IL |
6.19% |
|
Zurich
American Life Insurance Co.
Variable
Annuity Separate Account
Mercer
Island, WA |
6.12% |
Global
Sustainable Equity Portfolio |
Janus
Henderson US (Holdings) Inc.
Denver,
CO |
74.40%* |
|
Nationwide
Life Ins. Co.
NWVAII
Columbus,
OH |
15.67%
|
Portfolio
Name |
Shareholder
and Address of Record |
Percentage
Ownership |
Overseas
Portfolio |
Pruco
Life Insurance Company
Newark,
NJ |
25.26% |
|
Jefferson
National Life Insurance
Columbus,
OH |
15.76% |
|
American
General Life Insurance Co.
Houston,
TX |
13.40% |
|
GE
Life & Annuity Company
(GELAAC)
Richmond,
VA |
12.01% |
|
Transamerica
Life Insurance Company
TPLIC
– Acct B
Cedar
Rapids, IA |
5.80% |
|
Annuity
Investors Life Insurance Co.
Cincinnati,
OH |
5.38% |
Balanced
Portfolio |
Zurich
American Life Insurance Co.
Variable
Annuity Separate Account
Mercer
Island, WA |
14.14% |
|
GE
Life & Annuity Company
(GELAAC)
Richmond,
VA |
12.60% |
|
Jefferson
National Life Insurance
Columbus,
OH |
12.00% |
|
Allstate
Life Insurance
Palatine,
IL |
9.47% |
|
Annuity
Investors Life Insurance Co.
Cincinnati,
OH |
7.84% |
|
Lincoln
National Life Insurance Co.
Lincoln
Life Flexible Premium
Variable
Life Account S
Fort
Wayne, IN |
5.26% |
Enterprise
Portfolio |
Jefferson
National Life Insurance
Columbus,
OH |
14.16% |
|
NYLife
Distributors
Jersey
City, NJ |
10.36% |
|
Allstate
Life Insurance
Palatine,
IL |
9.04% |
|
Fidelity
Investments Institutional Operations Co. Inc.
As
Agent for Certain Employee Ben Plans
Covington,
KY |
8.74% |
|
Zurich
American Life Insurance Co.
Variable
Annuity Separate Account
Mercer
Island, WA |
8.30% |
|
GE
Life & Annuity Company
(GELAAC)
Richmond,
VA |
7.30% |
|
Transamerica
Life Insurance Company
TPLIC
– Acct B
Cedar
Rapids, IA |
5.33%
|
Portfolio
Name |
Shareholder
and Address of Record |
Percentage
Ownership |
Forty
Portfolio |
Farmers
New World Life Ins. Co.
Mercer
Island, WA |
9.99% |
|
Mass
Mutual Life Insurance Co.
Springfield,
MA |
9.69% |
|
GE
Life & Annuity Company
(GELAAC)
Richmond,
VA |
9.17% |
|
Farmers
New World Life Ins. Co.
Mercer
Island, WA |
8.92% |
|
Transamerica
Life Insurance Company
TPLIC
- Acct B
Cedar
Rapids, IA |
6.91% |
|
Connecticut
Mutual Life Ins. Co.
Springfield,
MA |
5.19% |
Research
Portfolio |
Pruco
Life Insurance Company
Newark,
NJ |
21.26% |
|
Allstate
Life Insurance
Palatine,
IL |
10.76% |
|
Pruco
Life Insurance Company
Newark,
NJ |
10.35% |
|
GE
Life & Annuity Company
(GELAAC)
Richmond,
VA |
9.96% |
|
Jefferson
National Life Insurance
Columbus,
OH |
7.86% |
|
Zurich
American Life Insurance Co.
Variable
Annuity Separate Account
Mercer
Island, WA |
7.45% |
|
Transamerica
Life Insurance Company
TPLIC
– Acct B
Cedar
Rapids, IA |
6.26% |
Global
Technology and Innovation Portfolio |
Lincoln
Life & Annuity of NY
Account
R LSVUL
Fort
Wayne, IN |
44.83% |
|
Transamerica
Life Insurance Company
TPLIC
– Acct B
Cedar
Rapids, IA |
19.38% |
|
Great
West Life & Annuity
Client
Plans 2T2
Englewood,
CO |
15.74% |
Mid
Cap Value Portfolio |
Jefferson
National Life Insurance
Columbus,
OH |
46.20% |
|
TIAA-CREF
Life Insurance Company
TIAA-CREF
Life Separate Account VA-1
Charlotte,
NC |
16.99% |
|
Transamerica
Life Insurance Company
TPLIC
– Acct B
Cedar
Rapids, IA |
10.36% |
|
Minnesota
Life Insurance Co.
Saint
Paul, MN |
7.09% |
|
Transamerica
Life Insurance Company
EM
Private Placement
Cedar
Rapids, IA |
6.00% |
Portfolio
Name |
Institutional
Shares |
Service
Shares |
Balanced
Portfolio |
x |
x |
Enterprise
Portfolio |
x |
x |
Flexible
Bond Portfolio |
x |
x |
Forty
Portfolio |
x |
x |
Global
Research Portfolio |
x |
x |
Global
Sustainable Equity Portfolio |
x |
x |
Global
Technology and Innovation Portfolio |
x |
x |
Mid
Cap Value Portfolio |
x |
x |
Overseas
Portfolio |
x |
x |
Research
Portfolio |
x |
x |
Shares
of the Trust |
Shareholder
Meetings |
Voting
Rights |
Independent
Registered Public Accounting
Firm |
Registration
Statement |
DOCUMENTS
INCORPORATED BY REFERENCE TO THE ANNUAL REPORTS OF JANUS ASPEN
SERIES
(AUDITED) |
STANDARD
& POOR’S RATINGS SERVICES |
Bond
Rating |
Explanation |
Investment
Grade |
|
AAA |
Highest
rating; extremely strong capacity to meet financial
commitment. |
AA |
High
quality; very strong capacity to meet financial
commitment. |
A |
Strong
capacity to meet financial commitment, but more subject to adverse
economic conditions. |
BBB |
Adequate
capacity to meet financial commitment, but more subject to adverse
economic conditions. |
Non-Investment
Grade |
|
BB |
Less
vulnerable in the near term but faces major ongoing uncertainties to
adverse business, financial, or
economic
conditions. |
B |
More
vulnerable to adverse business, financial, or economic conditions but
currently has the capacity to meet
financial
commitment. |
CCC |
Currently
vulnerable and dependent on favorable business, financial, and economic
conditions to meet its
financial
commitment. |
CC |
Highly
vulnerable; default has not yet occurred, but is expected to be a virtual
certainty. |
C |
Currently
highly vulnerable to nonpayment; ultimate recovery is expected to be lower
than that of higher rated
obligations. |
D |
Payment
default on a financial commitment or breach of an imputed promise; also
used when a bankruptcy
petition
has been filed. |
FITCH,
INC. |
Long-Term
Bond Rating |
Explanation |
Investment
Grade |
|
AAA |
Highest
credit quality. Denotes the lowest expectation of credit risk.
Exceptionally strong capacity for payment
of
financial commitments. |
AA |
Very
high credit quality. Denotes expectations of very low credit risk. Very
strong capacity for payment of
financial
commitments. |
A |
High
credit quality. Denotes expectations of low credit risk. Strong capacity
for payment of financial
commitments.
May be more vulnerable to changes in circumstances or in economic
conditions than is the case
for
higher ratings. |
BBB |
Good
credit quality. Currently expectations of low credit risk. Capacity for
payment of financial commitments
is
considered adequate, but adverse changes in circumstances and economic
conditions are more likely to
impair
this capacity than is the case for higher
ratings. |
Non-Investment
Grade |
|
BB |
Speculative.
Indicates possibility of credit risk developing, particularly as the
result of adverse economic
change
over time. Business or financial alternatives may be available to allow
financial commitments to be met. |
B |
Highly
speculative. May indicate distressed or defaulted obligations with
potential for extremely high
recoveries. |
CCC |
May
indicate distressed or defaulted obligations with potential for superior
to average levels of recovery. |
CC |
May
indicate distressed or defaulted obligations with potential for average or
below-average levels of recovery. |
C |
May
indicate distressed or defaulted obligations with potential for
below-average to poor recoveries. |
D |
In
default. |
MOODY’S
INVESTORS SERVICE, INC. |
Bond
Rating* |
Explanation |
Investment
Grade |
|
Aaa |
Judged
to be of the highest quality, with minimal risk. |
Aa |
Judged
to be of high quality and are subject to very low credit
risk. |
A |
Considered
upper-medium grade and are subject to low credit
risk. |
Baa |
Subject
to moderate credit risk; considered medium-grade and as such may possess
speculative characteristics. |
Non-Investment
Grade |
|
Ba |
Judged
to have speculative elements and are subject to substantial credit
risk. |
B |
Considered
speculative and are subject to high credit risk. |
Caa |
Judged
to be in poor standing and are subject to very high credit
risk. |
Ca |
Highly
speculative and are likely in or very near default with some prospect of
recovery in principal and
interest. |
C |
Lowest
rated class of bonds and are typically in default with little prospect for
recovery of principal and
interest. |
1 |
Overview |
100 |
1.1 |
Policy
Statement |
100 |
1.2 |
Key
Principles |
100 |
1.3 |
Scope |
100 |
1.4 |
Roles
and Responsibilities |
100 |
1.5 |
References |
100 |
2 |
Additional
Definitions |
101 |
3 |
Proxy
Voting Procedures |
101 |
3.1 |
Voting
Generally |
101 |
3.2 |
Abstentions |
102 |
3.3 |
Funds
of Funds |
102 |
3.4 |
Conflicts
of Interest |
102 |
4 |
Reporting,
Oversight and Recordkeeping |
103 |
4.1 |
Client
and Regulatory Reporting |
103 |
4.2 |
Proxy
Voting and Proxy Voting Service Oversight |
104 |
4.3 |
Record
Retention |
104 |
5 |
Amendments |
104 |
Proxy
Voting Guidelines |
105 | |
Directors
and Boards |
105 | |
Auditors
and Accounting Issues |
107 | |
Compensation
Issues |
107 | |
Capitalization,
Issuances, Transactions, Shareholder Rights, and Other Corporate
Matters |
108 | |
Environmental
and Social Issues |
109 | |
Miscellaneous,
Administrative and Routine Items |
109 | |
Proposals
Outside the Guidelines |
110 |
1
Overview |
2
Additional Definitions |
3
Proxy Voting Procedures |
4
Reporting, Oversight and
Recordkeeping |
5
Amendments |
Appendix
A - Proxy Voting Guidelines |