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exchangeRt="0.77513"/><valUSD>41105130</valUSD><pctVal>1.022</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>Tesco PLC</name><lei>2138002P5RNKC5W2JZ46</lei><title>Tesco PLC</title><cusip>G87621101</cusip><identifiers><isin value="GB0008847096"/><ticker value="TSCO LN"/><other otherDesc="884709" value="Sedol"/></identifiers><balance>36507311</balance><units>NS</units><currencyConditional curCd="GBP" exchangeRt="0.77513"/><valUSD>100069091</valUSD><pctVal>2.488</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>GlaxoSmithKline PLC</name><lei>5493000HZTVUYLO1D793</lei><title>GlaxoSmithKline PLC</title><cusip>G3910J112</cusip><identifiers><isin value="GB0009252882"/><ticker value="GSK LN"/><other otherDesc="925288" value="Sedol"/></identifiers><balance>2555155</balance><units>NS</units><currencyConditional curCd="GBP" exchangeRt="0.77513"/><valUSD>47853841</valUSD><pctVal>1.19</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>Bristol-Myers Squibb Co</name><lei>HLYYNH7UQUORYSJQCN42</lei><title>Bristol-Myers Squibb Co</title><cusip>110122108</cusip><identifiers><isin value="US1101221083"/><ticker value="BMY US"/><other otherDesc="2126335" value="Sedol"/></identifiers><balance>1353732</balance><units>NS</units><curCd>USD</curCd><valUSD>81616502</valUSD><pctVal>2.029</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Broadcom Inc</name><lei>549300WV6GIDOZJTV909</lei><title>Broadcom Inc</title><cusip>11135F101</cusip><identifiers><isin value="US11135F1012"/><ticker value="AVGO US"/><other otherDesc="BDZ78H9" value="Sedol"/></identifiers><balance>231441</balance><units>NS</units><curCd>USD</curCd><valUSD>84318585</valUSD><pctVal>2.097</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>CME Group Inc</name><lei>LCZ7XYGSLJUHFXXNXD88</lei><title>CME Group Inc</title><cusip>12572Q105</cusip><identifiers><isin value="US12572Q1058"/><ticker value="CME US"/><other otherDesc="2965839" value="Sedol"/></identifiers><balance>501482</balance><units>NS</units><curCd>USD</curCd><valUSD>83902953</valUSD><pctVal>2.086</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Cisco Systems Inc</name><lei>8E6NF1YAL0WT6CWXXV93</lei><title>Cisco Systems Inc</title><cusip>17275R102</cusip><identifiers><isin value="US17275R1023"/><ticker value="CSCO US"/><other otherDesc="2198163" value="Sedol"/></identifiers><balance>747921</balance><units>NS</units><curCd>USD</curCd><valUSD>29460608</valUSD><pctVal>0.733</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Coca-Cola Co/The</name><lei>UWJKFUJFZ02DKWI3RY53</lei><title>Coca-Cola Co</title><cusip>191216100</cusip><identifiers><isin value="US1912161007"/><ticker value="KO US"/><other otherDesc="2206657" value="Sedol"/></identifiers><balance>843190</balance><units>NS</units><curCd>USD</curCd><valUSD>41628290</valUSD><pctVal>1.035</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>CyrusOne Inc</name><lei>5493006S177ZK2ZNBU43</lei><title>CyrusOne Inc</title><cusip>23283R100</cusip><identifiers><isin value="US23283R1005"/><ticker value="CONE US"/><other otherDesc="B7YRLH9" value="Sedol"/></identifiers><balance>455932</balance><units>NS</units><curCd>USD</curCd><valUSD>31928918</valUSD><pctVal>0.794</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>DTE Energy Co</name><lei>549300IX8SD6XXD71I78</lei><title>DTE Energy Co</title><cusip>233331107</cusip><identifiers><isin value="US2333311072"/><ticker value="DTE US"/><other otherDesc="2280220" value="Sedol"/></identifiers><balance>401446</balance><units>NS</units><curCd>USD</curCd><valUSD>46182348</valUSD><pctVal>1.148</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Enbridge Inc</name><lei>98TPTUM4IVMFCZBCUR27</lei><title>Enbridge Inc</title><cusip>29250N105</cusip><identifiers><isin value="CA29250N1050"/><ticker value="ENB CN"/><other otherDesc="2466149" value="Sedol"/></identifiers><balance>1131682</balance><units>NS</units><currencyConditional curCd="CAD" exchangeRt="1.3314"/><valUSD>33064766</valUSD><pctVal>0.822</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>CA</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Manulife Financial Corp</name><lei>5493007GBX87QOZACS27</lei><title>Manulife Financial Corp</title><cusip>56501R106</cusip><identifiers><isin value="CA56501R1064"/><ticker value="MFC CN"/><other otherDesc="2492519" value="Sedol"/></identifiers><balance>4785401</balance><units>NS</units><currencyConditional curCd="CAD" exchangeRt="1.3314"/><valUSD>66565740</valUSD><pctVal>1.655</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>CA</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Dominion Energy Inc</name><lei>ILUL7B6Z54MRYCF6H308</lei><title>Dominion Energy Inc</title><cusip>25746U109</cusip><identifiers><isin value="US25746U1097"/><ticker value="D US"/><other otherDesc="2542049" value="Sedol"/></identifiers><balance>525727</balance><units>NS</units><curCd>USD</curCd><valUSD>41495632</valUSD><pctVal>1.032</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Publicis Groupe SA</name><lei>2138004KW8BV57III342</lei><title>Publicis Groupe SA</title><cusip>F7607Z165</cusip><identifiers><isin value="FR0000130577"/><ticker value="PUB FP"/><other otherDesc="4380429" value="Sedol"/></identifiers><balance>618610</balance><units>NS</units><currencyConditional curCd="EUR" exchangeRt="0.85302"/><valUSD>20044555</valUSD><pctVal>0.498</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>Michelin</name><lei>549300SOSI58J6VIW052</lei><title>Cie Generale des Etablissements Michelin SCA</title><cusip>F61824144</cusip><identifiers><isin value="FR0000121261"/><ticker value="ML FP"/><other otherDesc="4588364" value="Sedol"/></identifiers><balance>792081</balance><units>NS</units><currencyConditional curCd="EUR" exchangeRt="0.85302"/><valUSD>84746024</valUSD><pctVal>2.107</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>Deutsche Post AG</name><lei>8ER8GIG7CSMVD8VUFE78</lei><title>Deutsche Post AG</title><cusip>D19225107</cusip><identifiers><isin value="DE0005552004"/><ticker value="DPW GR"/><other otherDesc="4617859" value="Sedol"/></identifiers><balance>1506504</balance><units>NS</units><currencyConditional curCd="EUR" exchangeRt="0.85302"/><valUSD>68689837</valUSD><pctVal>1.708</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>Telenor ASA</name><lei>549300IM1QSBY4SLPM26</lei><title>Telenor ASA</title><cusip>R21882106</cusip><identifiers><isin value="NO0010063308"/><ticker value="TEL NO"/><other otherDesc="4732495" value="Sedol"/></identifiers><balance>5553945</balance><units>NS</units><currencyConditional curCd="NOK" exchangeRt="9.3222"/><valUSD>93109361</valUSD><pctVal>2.315</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>NO</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>RWE AG</name><lei>529900GB7KCA94ACC940</lei><title>RWE AG</title><cusip>D6629K109</cusip><identifiers><isin value="DE0007037129"/><ticker value="RWE GR"/><other otherDesc="4768962" value="Sedol"/></identifiers><balance>570037</balance><units>NS</units><currencyConditional curCd="EUR" exchangeRt="0.85302"/><valUSD>21368801</valUSD><pctVal>0.531</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>Schneider Electric SE</name><lei>969500A1YF1XUYYXS284</lei><title>Schneider Electric SE</title><cusip>F86921107</cusip><identifiers><isin value="FR0000121972"/><ticker value="SU FP"/><other otherDesc="4834108" value="Sedol"/></identifiers><balance>393082</balance><units>NS</units><currencyConditional curCd="EUR" exchangeRt="0.85302"/><valUSD>48781362</valUSD><pctVal>1.213</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>Vivendi SA</name><lei>969500FU4DRAEVJW7U54</lei><title>Vivendi SA</title><cusip>F97982106</cusip><identifiers><isin value="FR0000127771"/><ticker value="VIV FP"/><other otherDesc="4834777" value="Sedol"/></identifiers><balance>243584</balance><units>NS</units><currencyConditional curCd="EUR" exchangeRt="0.85302"/><valUSD>6788383</valUSD><pctVal>0.169</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>Kraft Heinz Co/The</name><lei>N/A</lei><title>Kraft Heinz Co</title><cusip>500754106</cusip><identifiers><isin value="US5007541064"/><ticker value="KHC US"/><other otherDesc="BYRY499" value="Sedol"/></identifiers><balance>990041</balance><units>NS</units><curCd>USD</curCd><valUSD>29651728</valUSD><pctVal>0.737</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Repsol SA</name><lei>BSYCX13Y0NOTV14V9N85</lei><title>Repsol SA</title><cusip>E8471S130</cusip><identifiers><isin value="ES0173516115"/><ticker value="REP SM"/><other otherDesc="5669354" value="Sedol"/></identifiers><balance>3972777</balance><units>NS</units><currencyConditional curCd="EUR" exchangeRt="0.85302"/><valUSD>26531781</valUSD><pctVal>0.66</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>ES</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>McDonald's Corp</name><lei>UE2136O97NLB5BYP9H04</lei><title>McDonald's Corp</title><cusip>580135101</cusip><identifiers><isin value="US5801351017"/><ticker value="MCD US"/><other otherDesc="2550707" value="Sedol"/></identifiers><balance>102806</balance><units>NS</units><curCd>USD</curCd><valUSD>22564889</valUSD><pctVal>0.561</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Deutsche Telekom AG</name><lei>549300V9QSIG4WX4GJ96</lei><title>Deutsche Telekom AG</title><cusip>D2035M136</cusip><identifiers><isin value="DE0005557508"/><ticker value="DTE GR"/><other otherDesc="5842359" value="Sedol"/></identifiers><balance>2300765</balance><units>NS</units><currencyConditional curCd="EUR" exchangeRt="0.85302"/><valUSD>38538200</valUSD><pctVal>0.958</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>Merck &amp; Co Inc</name><lei>4YV9Y5M8S0BRK1RP0397</lei><title>Merck &amp; Co Inc</title><cusip>58933Y105</cusip><identifiers><isin value="US58933Y1055"/><ticker value="MRK US"/><other otherDesc="2778844" value="Sedol"/></identifiers><balance>481687</balance><units>NS</units><curCd>USD</curCd><valUSD>39955937</valUSD><pctVal>0.994</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Amcor PLC</name><lei>549300GSODGFCDQ3DI89</lei><title>Amcor PLC</title><cusip>G0250X123</cusip><identifiers><isin value="AU000000AMC4"/><ticker value="AMC AU"/><other otherDesc="6066608" value="Sedol"/></identifiers><balance>9585171</balance><units>NS</units><currencyConditional curCd="AUD" exchangeRt="1.39645"/><valUSD>106565948</valUSD><pctVal>2.65</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>China Mobile Ltd</name><lei>529900U2JJ7GK68NI589</lei><title>China Mobile Ltd</title><cusip>Y14965100</cusip><identifiers><isin value="HK0941009539"/><ticker value="941 HK"/><other otherDesc="6073556" value="Sedol"/></identifiers><balance>4185500</balance><units>NS</units><currencyConditional curCd="HKD" exchangeRt="7.7498"/><valUSD>26907982</valUSD><pctVal>0.669</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>HK</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>HENGAN INT'L</name><lei>N/A</lei><title>Hengan International Group Co Ltd</title><cusip>G4402L151</cusip><identifiers><isin value="KYG4402L1510"/><ticker value="1044 HK"/><other otherDesc="6136233" value="Sedol"/></identifiers><balance>5806500</balance><units>NS</units><currencyConditional curCd="HKD" 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value="Sedol"/></identifiers><balance>1710191</balance><units>NS</units><curCd>USD</curCd><valUSD>11116241</valUSD><pctVal>0.276</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>NO</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><loanByFundCondition isLoanByFund="Y" loanVal="7833412.36"/></securityLending></invstOrSec><invstOrSec><name>Samsung Electronics Co Ltd</name><lei>9884007ER46L6N7EI764</lei><title>Samsung Electronics Co Ltd</title><cusip>Y74718118</cusip><identifiers><isin value="KR7005931001"/><ticker value="005935 KS"/><other otherDesc="6773812" value="Sedol"/></identifiers><balance>2615340</balance><units>NS</units><currencyConditional curCd="KRW" 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desc="GDR"/><issuerCat>CORP</issuerCat><invCountry>MX</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>TSMC</name><lei>549300KB6NK5SBD14S87</lei><title>Taiwan Semiconductor Manufacturing Co Ltd (ADR)</title><cusip>874039100</cusip><identifiers><isin value="US8740391003"/><ticker value="TSM"/><other otherDesc="2113382" value="Sedol"/></identifiers><balance>1561523</balance><units>NS</units><curCd>USD</curCd><valUSD>126592670</valUSD><pctVal>3.148</pctVal><payoffProfile>Long</payoffProfile><assetConditional assetCat="OTHER" desc="GDR"/><issuerCat>CORP</issuerCat><invCountry>TW</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>N/A</name><lei>N/A</lei><title>Sell GBP / Buy USD</title><cusip>N/A</cusip><identifiers><other otherDesc="FXF110076766" value="Internal ID"/></identifiers><balance>1</balance><units>NC</units><curCd>USD</curCd><valUSD>-1804577</valUSD><pctVal>-0.045</pctVal><payoffProfile>N/A</payoffProfile><assetCat>DFE</assetCat><issuerConditional desc="N/A" issuerCat="OTHER"/><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><derivativeInfo><fwdDeriv derivCat="FWD"><counterparties><counterpartyName>BNP 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derivCat="FWD"><counterparties><counterpartyName>BNP Paribas</counterpartyName><counterpartyLei>R0MUWSFPU8MPRO8K5P83</counterpartyLei></counterparties><amtCurSold>266366387</amtCurSold><curSold>EUR</curSold><amtCurPur>315496335</amtCurPur><curPur>USD</curPur><settlementDt>2020-10-21</settlementDt><unrealizedAppr>3104343</unrealizedAppr></fwdDeriv></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>
