Janus Henderson Adaptive Risk Managed U.S. Equity Fund

S000025898JANUS INVESTMENT FUNDCIK 0000277751

Share classes

7 classes of this one portfolio · 0 exchange-listed

Class ID	Symbol	Status	Security in the master	Type
C000077645	JRSAX	NOT_LISTED	not exchange-listed	—
C000077646	JRSCX	NOT_LISTED	not exchange-listed	—
C000150517	JRSDX	NOT_LISTED	not exchange-listed	—
C000077647	JRSIX	NOT_LISTED	not exchange-listed	—
C000147334	JRSNX	NOT_LISTED	not exchange-listed	—
C000077648	JRSSX	NOT_LISTED	not exchange-listed	—
C000077649	JRSTX	NOT_LISTED	not exchange-listed	—

The share-class bridge is a snapshot, not history. The SEC's fund share-class file says what each class trades as today, not what it traded as at a past report date. A fund that changed ticker or converted from a mutual fund resolves to its present-day symbol for every historical month shown.

Share classes

Report period

1 period filed. Holdings below describe the selected month only.

2026-03-31

Filing

NPORT-P · filed 2026-05-29

Report date: 2026-03-31
Net assets: $580,005,272.73
Total assets: $580,475,027.96
Total liabilities: $469,755.23
Assets invested: $0
Cash not reported in C or D: $0
Amendment: No
Accession: 0000277751-26-000134

By asset category

N-PORT Item C.4.a

ECEquity - common$580.88M100.0%

STIVShort-term investment veh…$143.9K0.0%

By asset category

By issuer category

N-PORT Item C.4.b

CORPCorporate$578.29M99.5%

PFPrivate fund$1.66M0.3%

RFRegistered fund$1.07M0.2%

By issuer category

By investment country

as filed

USUS$581.02M100.0%

By country

Classification look-through

Positions resolved to the master through ISIN, then rolled up through the taxonomy. 98.0% of reported value reaches a classification.

Equity · Information Technology(17)$216.07M37.2%

Equity · Financials(18)$134.46M23.1%

Equity · Industrials(12)$58.79M10.1%

Equity · Consumer Discretionary(12)$58.25M10.0%

Equity · Consumer Staples(4)$27.71M4.8%

Equity · Health Care(7)$25.01M4.3%

Equity · Real Estate(4)$14.23M2.4%

Equity · Utilities(3)$12.71M2.2%

Equity · Communication Services(1)$11.96M2.1%

Not resolved to the master(4)$10.39M1.8%

Equity · Energy(4)$6.69M1.2%

Equity · Materials(1)$3.69M0.6%

Resolved, not yet classified(1)$1.07M0.2%

Classification covers part of the master. 5,771 of 13,106 active securities are classified. Anything unclassified is shown as its own band rather than dropped, so a look-through total that falls short of 100% is telling you about coverage, not about the fund.

Percentages are of the reported value of positions above ($581.02M), not of the fund’s net assets ($580.01M). The two differ by cash, derivatives filed with no market value, and rounding.

Classification look-through

Holdings

88 positions in this filing

Issuer nameAsset categoryIssuer category

Holdings

Issuer↕	In master	CUSIP / ISIN	Asset	Balance↕	Value↕	Weight▲	Country
Eaton Corporation PLC Eaton Corporation PLC COM USD0.01	ETN	G29183103 IE00B8KQN827	EC CORP	15,544 NS	$5.56M	0.959%	US
Textron Inc. Textron Inc. COM STK USD0.125	TXT	883203101 US8832031012	EC CORP	65,790 NS	$5.76M	0.993%	US
Goldman Sachs Group, Inc. Goldman Sachs Group, Inc. COM USD0.01	GS	38141G104 US38141G1040	EC CORP	6,929 NS	$5.86M	1.011%	US
Range Resources Corp. Range Resources Corp. COM USD0.01	RRC	75281A109 US75281A1097	EC CORP	137,298 NS	$6.20M	1.069%	US
Eli Lilly & Co. Eli Lilly & Co. COM NPV	LLY	532457108 US5324571083	EC CORP	6,999 NS	$6.44M	1.110%	US
Cummins Inc. Cummins Inc. COM USD2.50	CMI	231021106 US2310211063	EC CORP	12,844 NS	$6.91M	1.191%	US
Take-Two Interactive Software Inc. Take-Two Interactive Software Inc. COM USD0.01	TTWO	874054109 US8740541094	EC CORP	38,014 NS	$7.51M	1.294%	US
Nasdaq Inc Nasdaq Inc COM USD0.01	NDAQ	631103108 US6311031081	EC CORP	91,801 NS	$7.79M	1.344%	US
KLA Corp. KLA Corp. COM USD0.001	KLAC	482480100 US4824801009	EC CORP	5,300 NS	$7.80M	1.345%	US
MetLife Inc. MetLife Inc. COM USD0.01	MET	59156R108 US59156R1086	EC CORP	110,355 NS	$7.80M	1.346%	US
Boyd Gaming Corporation Boyd Gaming Corporation COM USD0.01	BYD	103304101 US1033041013	EC CORP	99,101 NS	$8.14M	1.404%	US
Cencora Inc Cencora Inc COM USD0.01	COR	03073E105 US03073E1055	EC CORP	26,798 NS	$8.42M	1.451%	US
Moodys Corp. Moodys Corp. COM USD0.01	MCO	615369105 US6153691059	EC CORP	19,487 NS	$8.50M	1.466%	US
Coterra Energy Inc Coterra Energy Inc COM USD0.10	—	127097103 US1270971039	EC CORP	244,360 NS	$8.59M	1.480%	US
Welltower Inc. Welltower Inc. COM USD1	WELL	95040Q104 US95040Q1040	EC CORP	47,499 NS	$9.39M	1.619%	US
Tesla Inc Tesla Inc COM USD0.001	TSLA	88160R101 US88160R1014	EC CORP	25,670 NS	$9.54M	1.645%	US
Emerson Electric Co. Emerson Electric Co. COM USD0.50	EMR	291011104 US2910111044	EC CORP	74,275 NS	$9.73M	1.678%	US
Rambus Inc. Rambus Inc. COM USD0.001	RMBS	750917106 US7509171069	EC CORP	114,473 NS	$9.85M	1.698%	US
MasterCard Incorporated MasterCard Incorporated COM USD0.0001 CLASS A	MA	57636Q104 US57636Q1040	EC CORP	20,024 NS	$10.01M	1.725%	US
Costco Wholesale Corporation Costco Wholesale Corporation COM USD0.01	COST	22160K105 US22160K1051	EC CORP	10,049 NS	$10.01M	1.726%	US
The Toronto-Dominion Bank The Toronto-Dominion Bank COM NPV	TD	891160509 CA8911605092	EC CORP	112,439 NS	$10.49M	1.809%	US
Canadian Imperial Bank of Commerce Canadian Imperial Bank of Commerce COM NPV	CM	136069101 CA1360691010	EC CORP	112,534 NS	$10.66M	1.838%	US
Entergy Corporation Entergy Corporation COM USD0.01	ETR	29364G103 US29364G1031	EC CORP	96,732 NS	$10.87M	1.874%	US
Cboe Global Markets Inc Cboe Global Markets Inc COM USD0.01	CBOE	12503M108 US12503M1080	EC CORP	40,417 NS	$11.36M	1.959%	US
Meta Platforms Inc Meta Platforms Inc COM USD0.000006 CL 'A'	META	30303M102 US30303M1027	EC CORP	20,901 NS	$11.96M	2.062%	US
Bank of America Corp. Bank of America Corp. COM USD0.01	BAC	060505104 US0605051046	EC CORP	250,301 NS	$12.20M	2.104%	US
Parker-Hannifin Corp. Parker-Hannifin Corp. COM USD0.50	PH	701094104 US7010941042	EC CORP	14,044 NS	$12.57M	2.168%	US
McDonald's Corp. McDonald's Corp. COM USD0.01	MCD	580135101 US5801351017	EC CORP	40,686 NS	$12.64M	2.180%	US
Broadcom Inc Broadcom Inc COM USD0.001	AVGO	11135F101 US11135F1012	EC CORP	42,464 NS	$13.14M	2.266%	US
L3 Harris Technologies Inc L3 Harris Technologies Inc COM USD1.00	LHX	502431109 US5024311095	EC CORP	40,895 NS	$14.11M	2.434%	US
Berkshire Hathaway Inc. Berkshire Hathaway Inc. COM USD0.0033 CLASS'B'	BRK.B	084670702 US0846707026	EC CORP	32,111 NS	$15.39M	2.653%	US
Walmart Inc Walmart Inc COM USD0.10	WMT	931142103 US9311421039	EC CORP	139,644 NS	$17.35M	2.992%	US
JPMorgan Chase & Co. JPMorgan Chase & Co. COM USD1.00	JPM	46625H100 US46625H1005	EC CORP	66,088 NS	$19.44M	3.352%	US
Amazon.com, Inc. Amazon.com, Inc. COM USD0.01	AMZN	023135106 US0231351067	EC CORP	101,622 NS	$21.16M	3.649%	US
Microsoft Corp. Microsoft Corp. COM USD0.00000625	MSFT	594918104 US5949181045	EC CORP	76,078 NS	$28.16M	4.855%	US
Alphabet Inc. Alphabet Inc. CAP STK USD0.001 CL A	GOOGL	02079K305 US02079K3059	EC CORP	129,544 NS	$37.25M	6.423%	US
Apple Inc. Apple Inc. COM USD0.00001	AAPL	037833100 US0378331005	EC CORP	155,820 NS	$39.55M	6.818%	US
NVIDIA Corp. NVIDIA Corp. COM USD0.001	NVDA	67066G104 US67066G1040	EC CORP	253,081 NS	$44.14M	7.610%	US

Issuer↕

In master

CUSIP / ISIN

Asset

Balance↕

Value↕

Weight▲

Country

Eaton Corporation PLC

Eaton Corporation PLC COM USD0.01

ETN

G29183103

IE00B8KQN827

CORP

15,544 NS

$5.56M

0.959%

Textron Inc.

Textron Inc. COM STK USD0.125

TXT

883203101

US8832031012

CORP

65,790 NS

$5.76M

0.993%

Goldman Sachs Group, Inc.

Goldman Sachs Group, Inc. COM USD0.01

38141G104

US38141G1040

CORP

6,929 NS

$5.86M

1.011%

Range Resources Corp.

Range Resources Corp. COM USD0.01

RRC

75281A109

US75281A1097

CORP

137,298 NS

$6.20M

1.069%

Eli Lilly & Co.

Eli Lilly & Co. COM NPV

LLY

532457108

US5324571083

CORP

6,999 NS

$6.44M

1.110%

Cummins Inc.

Cummins Inc. COM USD2.50

CMI

231021106

US2310211063

CORP

12,844 NS

$6.91M

1.191%

Take-Two Interactive Software Inc.

Take-Two Interactive Software Inc. COM USD0.01

TTWO

874054109

US8740541094

CORP

38,014 NS

$7.51M

1.294%

Nasdaq Inc

Nasdaq Inc COM USD0.01

NDAQ

631103108

US6311031081

CORP

91,801 NS

$7.79M

1.344%

KLA Corp.

KLA Corp. COM USD0.001

KLAC

482480100

US4824801009

CORP

5,300 NS

$7.80M

1.345%

MetLife Inc.

MetLife Inc. COM USD0.01

MET

59156R108

US59156R1086

CORP

110,355 NS

$7.80M

1.346%

Boyd Gaming Corporation

Boyd Gaming Corporation COM USD0.01

BYD

103304101

US1033041013

CORP

99,101 NS

$8.14M

1.404%

Cencora Inc

Cencora Inc COM USD0.01

COR

03073E105

US03073E1055

CORP

26,798 NS

$8.42M

1.451%

Moodys Corp.

Moodys Corp. COM USD0.01

MCO

615369105

US6153691059

CORP

19,487 NS

$8.50M

1.466%

Coterra Energy Inc

Coterra Energy Inc COM USD0.10

—

127097103

US1270971039

CORP

244,360 NS

$8.59M

1.480%

Welltower Inc.

Welltower Inc. COM USD1

WELL

95040Q104

US95040Q1040

CORP

47,499 NS

$9.39M

1.619%

Tesla Inc

Tesla Inc COM USD0.001

TSLA

88160R101

US88160R1014

CORP

25,670 NS

$9.54M

1.645%

Emerson Electric Co.

Emerson Electric Co. COM USD0.50

EMR

291011104

US2910111044

CORP

74,275 NS

$9.73M

1.678%

Rambus Inc.

Rambus Inc. COM USD0.001

RMBS

750917106

US7509171069

CORP

114,473 NS

$9.85M

1.698%

MasterCard Incorporated

MasterCard Incorporated COM USD0.0001 CLASS A

57636Q104

US57636Q1040

CORP

20,024 NS

$10.01M

1.725%

Costco Wholesale Corporation

Costco Wholesale Corporation COM USD0.01

COST

22160K105

US22160K1051

CORP

10,049 NS

$10.01M

1.726%

The Toronto-Dominion Bank

The Toronto-Dominion Bank COM NPV

891160509

CA8911605092

CORP

112,439 NS

$10.49M

1.809%

Canadian Imperial Bank of Commerce

Canadian Imperial Bank of Commerce COM NPV

136069101

CA1360691010

CORP

112,534 NS

$10.66M

1.838%

Entergy Corporation

Entergy Corporation COM USD0.01

ETR

29364G103

US29364G1031

CORP

96,732 NS

$10.87M

1.874%

Cboe Global Markets Inc

Cboe Global Markets Inc COM USD0.01

CBOE

12503M108

US12503M1080

CORP

40,417 NS

$11.36M

1.959%

Meta Platforms Inc

Meta Platforms Inc COM USD0.000006 CL 'A'