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exchangeRt="0.85302"/><valUSD>5756011</valUSD><pctVal>1.582</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>DE</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Infineon Technologies AG</name><lei>TSI2PJM6EPETEQ4X1U25</lei><title>Infineon Technologies AG</title><cusip>D35415104</cusip><identifiers><isin value="DE0006231004"/><ticker value="IFX GR"/><other otherDesc="5889505" value="Sedol"/></identifiers><balance>226977</balance><units>NS</units><currencyConditional curCd="EUR" exchangeRt="0.85302"/><valUSD>6419650</valUSD><pctVal>1.765</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>DE</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Carl Zeiss Meditec AG</name><lei>529900GRL4MZ8NMOOK95</lei><title>Carl Zeiss Meditec AG</title><cusip>D14895102</cusip><identifiers><isin value="DE0005313704"/><ticker value="AFX GR"/><other otherDesc="5922961" value="Sedol"/></identifiers><balance>56501</balance><units>NS</units><currencyConditional curCd="EUR" 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exchangeRt="0.85302"/><valUSD>10374054</valUSD><pctVal>2.852</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>CH</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Givaudan SA</name><lei>213800SVRMQA1TD91D41</lei><title>Givaudan SA</title><cusip>H3238Q102</cusip><identifiers><isin value="CH0010645932"/><ticker value="GIVN SW"/><other otherDesc="5980613" value="Sedol"/></identifiers><balance>1392</balance><units>NS</units><currencyConditional curCd="CHF" exchangeRt="0.9208"/><valUSD>6001186</valUSD><pctVal>1.65</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>CH</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Deutsche Boerse AG</name><lei>529900G3SW56SHYNPR95</lei><title>Deutsche Boerse AG</title><cusip>D1882G119</cusip><identifiers><isin value="DE0005810055"/><ticker value="DB1 GR"/><other otherDesc="7021963" value="Sedol"/></identifiers><balance>27619</balance><units>NS</units><currencyConditional curCd="EUR" exchangeRt="0.85302"/><valUSD>4849827</valUSD><pctVal>1.333</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>DE</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Peugeot SA</name><lei>969500TZ5950IT5FPQ42</lei><title>Peugeot SA</title><cusip>F72313111</cusip><identifiers><isin value="FR0000121501"/><ticker value="UG FP"/><other otherDesc="7103526" value="Sedol"/></identifiers><balance>288137</balance><units>NS</units><currencyConditional curCd="EUR" exchangeRt="0.85302"/><valUSD>5194566</valUSD><pctVal>1.428</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>FR</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Roche Holding AG</name><lei>549300U41AUUVOAAOB37</lei><title>Roche Holding AG</title><cusip>H69293217</cusip><identifiers><isin value="CH0012032048"/><ticker value="ROG SW"/><other otherDesc="7110388" value="Sedol"/></identifiers><balance>34766</balance><units>NS</units><currencyConditional curCd="CHF" exchangeRt="0.9208"/><valUSD>11897624</valUSD><pctVal>3.271</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>CH</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Nestle SA</name><lei>KY37LUS27QQX7BB93L28</lei><title>Nestle SA (REG)</title><cusip>H57312649</cusip><identifiers><isin value="CH0038863350"/><ticker value="NESN SW"/><other otherDesc="7123870" value="Sedol"/></identifiers><balance>137682</balance><units>NS</units><currencyConditional curCd="CHF" exchangeRt="0.9208"/><valUSD>16338903</valUSD><pctVal>4.491</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>CH</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Enel SpA</name><lei>WOCMU6HCI0OJWNPRZS33</lei><title>Enel SpA</title><cusip>T3679P115</cusip><identifiers><isin value="IT0003128367"/><ticker value="ENEL IM"/><other otherDesc="7144569" value="Sedol"/></identifiers><balance>816842</balance><units>NS</units><currencyConditional curCd="EUR" exchangeRt="0.85302"/><valUSD>7091890</valUSD><pctVal>1.949</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>IT</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Straumann Holding AG</name><lei>50670046ML5FVIM60Z37</lei><title>Straumann Holding AG</title><cusip>H8300N119</cusip><identifiers><isin value="CH0012280076"/><ticker value="STMN SW"/><other otherDesc="7156832" value="Sedol"/></identifiers><balance>5409</balance><units>NS</units><currencyConditional curCd="CHF" exchangeRt="0.9208"/><valUSD>5443283</valUSD><pctVal>1.496</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>CH</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Cie de Saint-Gobain</name><lei>NFONVGN05Z0FMN5PEC35</lei><title>Cie de Saint-Gobain</title><cusip>F80343100</cusip><identifiers><isin value="FR0000125007"/><ticker value="SGO FP"/><other otherDesc="7380482" value="Sedol"/></identifiers><balance>114703</balance><units>NS</units><currencyConditional curCd="EUR" 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exchangeRt="0.85302"/><valUSD>4650524</valUSD><pctVal>1.278</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>FI</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Unilever PLC</name><lei>549300MKFYEKVRWML317</lei><title>Unilever PLC</title><cusip>G92087165</cusip><identifiers><isin value="GB00B10RZP78"/><ticker value="ULVR LN"/><other otherDesc="B10RZP7" value="Sedol"/></identifiers><balance>116740</balance><units>NS</units><currencyConditional curCd="GBP" exchangeRt="0.77513"/><valUSD>7191918</valUSD><pctVal>1.977</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>GB</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Metso Outotec Oyj</name><lei>549300R0VN9C371W0E07</lei><title>Outotec OYJ</title><cusip>X6026E100</cusip><identifiers><isin value="FI0009014575"/><ticker value="MOCORP FH"/><other otherDesc="B1FN8X9" value="Sedol"/></identifiers><balance>742088</balance><units>NS</units><currencyConditional curCd="EUR" exchangeRt="0.85302"/><valUSD>5210382</valUSD><pctVal>1.432</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>FI</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Symrise AG</name><lei>529900D82I6R9601CF26</lei><title>Symrise AG</title><cusip>D827A1108</cusip><identifiers><isin value="DE000SYM9999"/><ticker value="SY1 GR"/><other otherDesc="B1JB4K8" value="Sedol"/></identifiers><balance>64421</balance><units>NS</units><currencyConditional curCd="EUR" exchangeRt="0.85302"/><valUSD>8911025</valUSD><pctVal>2.45</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>DE</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>SKF AB</name><lei>549300B6HWYEE57O8J84</lei><title>SKF AB</title><cusip>W84237143</cusip><identifiers><isin value="SE0000108227"/><ticker value="SKFB SS"/><other otherDesc="B1Q3J35" value="Sedol"/></identifiers><balance>354098</balance><units>NS</units><currencyConditional curCd="SEK" exchangeRt="8.9521"/><valUSD>7299936</valUSD><pctVal>2.007</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>SE</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Volvo AB</name><lei>549300HGV012CNC8JD22</lei><title>Volvo AB</title><cusip>928856301</cusip><identifiers><isin value="SE0000115446"/><ticker value="VOLVB SS"/><other otherDesc="B1QH830" value="Sedol"/></identifiers><balance>525161</balance><units>NS</units><currencyConditional curCd="SEK" exchangeRt="8.9521"/><valUSD>10090778</valUSD><pctVal>2.774</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>SE</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Smurfit Kappa Group PLC</name><lei>635400CPLP8H5ITDVT56</lei><title>Smurfit Kappa Group PLC</title><cusip>G8248F104</cusip><identifiers><isin value="IE00B1RR8406"/><ticker value="SKG ID"/><other otherDesc="B1RR840" value="Sedol"/></identifiers><balance>103728</balance><units>NS</units><currencyConditional curCd="EUR" exchangeRt="0.85302"/><valUSD>4069716</valUSD><pctVal>1.119</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>IE</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Geberit AG</name><lei>52990093Z5OHD6T7BS47</lei><title>Geberit AG</title><cusip>H2942E124</cusip><identifiers><isin value="CH0030170408"/><ticker value="GEBN SW"/><other otherDesc="B1WGG93" value="Sedol"/></identifiers><balance>16060</balance><units>NS</units><currencyConditional curCd="CHF" 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exchangeRt="6.3486"/><valUSD>8647381</valUSD><pctVal>2.377</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>DK</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>ASML Holding NV</name><lei>724500Y6DUVHQD6OXN27</lei><title>ASML Holding NV</title><cusip>N07059202</cusip><identifiers><isin value="NL0010273215"/><ticker value="ASML NA"/><other otherDesc="B929F46" value="Sedol"/></identifiers><balance>34427</balance><units>NS</units><currencyConditional curCd="EUR" exchangeRt="0.85302"/><valUSD>12692862</valUSD><pctVal>3.489</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>NL</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>KION Group AG</name><lei>5299005KY91C4C6U9H17</lei><title>KION Group AG</title><cusip>D4S14D103</cusip><identifiers><isin value="DE000KGX8881"/><ticker value="KGX GR"/><other otherDesc="BB22L96" value="Sedol"/></identifiers><balance>99253</balance><units>NS</units><currencyConditional curCd="EUR" 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derivCat="OPT"><counterparties><counterpartyName>Citibank, National Association</counterpartyName><counterpartyLei>E57ODZWZ7FF32TWEFA76</counterpartyLei></counterparties><putOrCall>Put</putOrCall><writtenOrPur>Written</writtenOrPur><descRefInstrmnt><otherRefInst><issuerName>AIRBUS SE ORD EUR</issuerName><issueTitle>AIRBUS SE ORD EUR</issueTitle><identifiers><cusip value="N/A"/><isin value="N/A"/><ticker value="AIR.EP"/></identifiers></otherRefInst></descRefInstrmnt><shareNo>100</shareNo><exercisePrice>54</exercisePrice><exercisePriceCurCd>EUR</exercisePriceCurCd><expDt>2020-12-18</expDt><delta>XXXX</delta><unrealizedAppr>40944</unrealizedAppr></optionSwaptionWarrantDeriv></derivativeInfo><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>N/A</name><lei>N/A</lei><title>OTCOption/CALL European EquityIndex.EUROSTOXX50 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value="SX5E"/></identifiers></otherRefInst></descRefInstrmnt><shareNo>10</shareNo><exercisePrice>4000</exercisePrice><exercisePriceCurCd>EUR</exercisePriceCurCd><expDt>2021-12-17</expDt><delta>XXXX</delta><unrealizedAppr>-81881</unrealizedAppr></optionSwaptionWarrantDeriv></derivativeInfo><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec></invstOrSecs><explntrNotes><explntrNote note="Monthly returns presented in Item B.5(a) have been calculated without deducting any applicable sales loads or redemption fees." noteItem="B.5.a"/></explntrNotes><signature><ncom:dateSigned>2020-11-14</ncom:dateSigned><ncom:nameOfApplicant>JANUS INVESTMENT FUND</ncom:nameOfApplicant><ncom:signature>JESPER NERGAARD</ncom:signature><ncom:signerName>JESPER NERGAARD</ncom:signerName><ncom:title>VP, CFO, TREASURER, AND PRINCIPAL ACCOUNTING OFFICER</ncom:title></signature></nport:formData></nport:edgarSubmission>
