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exchangeRt="0.90408"/><valUSD>3042483</valUSD><pctVal>1.947</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>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" 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value="Sedol"/></identifiers><balance>7000</balance><units>NS</units><curCd>USD</curCd><valUSD>1176840</valUSD><pctVal>0.753</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>Texas Instruments Inc</name><lei>WDJNR2L6D8RWOEB8T652</lei><title>TEXAS INSTRUMENTS INC</title><cusip>882508104</cusip><identifiers><isin value="US8825081040"/><ticker value="TXN US"/><other otherDesc="2885409" value="Sedol"/></identifiers><balance>7627</balance><units>NS</units><curCd>USD</curCd><valUSD>1399402</valUSD><pctVal>0.896</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>Janus Capital Group Inc</name><lei>8T2ZO87FU1KVPZIG9I59</lei><title>Janus Henderson Cash Liquidity Fund</title><cusip>N/A</cusip><identifiers><isin value="DU0000100962"/></identifiers><balance>2186815</balance><units>NS</units><curCd>USD</curCd><valUSD>2187034</valUSD><pctVal>1.4</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>PF</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>VF Corp</name><lei>CWAJJ9DJ5Z7P057HV541</lei><title>VF Corp</title><cusip>918204108</cusip><identifiers><isin value="US9182041080"/><ticker value="VFC US"/><other otherDesc="2928683" value="Sedol"/></identifiers><balance>24155</balance><units>NS</units><curCd>USD</curCd><valUSD>1373453</valUSD><pctVal>0.879</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>TotalEnergies SE</name><lei>529900S21EQ1BO4ESM68</lei><title>Total SE</title><cusip>F92124100</cusip><identifiers><isin value="FR0000120271"/><ticker value="TTE FP"/><other otherDesc="B15C557" value="Sedol"/></identifiers><balance>54978</balance><units>NS</units><currencyConditional curCd="EUR" exchangeRt="0.90408"/><valUSD>2789129</valUSD><pctVal>1.785</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>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>112126</balance><units>NS</units><currencyConditional curCd="SEK" exchangeRt="9.3979"/><valUSD>2092320</valUSD><pctVal>1.339</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>Sandvik AB</name><lei>5299008ZUAXN43LVZF54</lei><title>Sandvik AB</title><cusip>W74857165</cusip><identifiers><isin value="SE0000667891"/><ticker value="SAND SS"/><other otherDesc="B1VQ252" value="Sedol"/></identifiers><balance>61290</balance><units>NS</units><currencyConditional curCd="SEK" exchangeRt="9.3979"/><valUSD>1301834</valUSD><pctVal>0.833</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>Anglo American PLC</name><lei>549300S9XF92D1X8ME43</lei><title>ANGLO AMERICAN PLC</title><cusip>G03764134</cusip><identifiers><isin value="GB00B1XZS820"/><ticker value="AAL LN"/><other otherDesc="B1XZS82" value="Sedol"/></identifiers><balance>73124</balance><units>NS</units><currencyConditional curCd="GBP" 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exchangeRt="0.90408"/><valUSD>1979666</valUSD><pctVal>1.267</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>AIA Group Ltd</name><lei>ZP5ILWVSYE4LJGMMVD57</lei><title>AIA GROUP LTD</title><cusip>Y002A1105</cusip><identifiers><isin value="HK0000069689"/><ticker value="1299 HK"/><other otherDesc="B4TX8S1" value="Sedol"/></identifiers><balance>143600</balance><units>NS</units><currencyConditional curCd="HKD" exchangeRt="7.833"/><valUSD>1503468</valUSD><pctVal>0.962</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>Tele2 AB</name><lei>213800EKD193RVI9HL76</lei><title>Tele2 AB</title><cusip>W95878166</cusip><identifiers><isin value="SE0005190238"/><ticker value="TEL2B SS"/><other otherDesc="B97C733" value="Sedol"/></identifiers><balance>109630</balance><units>NS</units><currencyConditional curCd="SEK" exchangeRt="9.3979"/><valUSD>1655851</valUSD><pctVal>1.06</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>Cie Financiere Richemont SA</name><lei>549300YIPGJ6UX2QPS51</lei><title>Cie Financiere Richemont SA (REG)</title><cusip>H25662182</cusip><identifiers><isin value="CH0210483332"/><ticker value="CFR SW"/><other otherDesc="BCRWZ18" value="Sedol"/></identifiers><balance>10897</balance><units>NS</units><currencyConditional curCd="CHF" exchangeRt="0.9239"/><valUSD>1382493</valUSD><pctVal>0.885</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>National Grid PLC</name><lei>8R95QZMKZLJX5Q2XR704</lei><title>National Grid PLC</title><cusip>G6S9A7120</cusip><identifiers><isin value="GB00BDR05C01"/><ticker value="NG/ LN"/><other otherDesc="BDR05C0" value="Sedol"/></identifiers><balance>91885</balance><units>NS</units><currencyConditional curCd="GBP" 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exchangeRt="7.833"/><valUSD>630570</valUSD><pctVal>0.404</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>HK</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>JD.com Inc</name><lei>549300HVTWB0GJZ16V92</lei><title>JD.Com Inc - Class A</title><cusip>G8208B101</cusip><identifiers><isin value="KYG8208B1014"/><ticker value="9618 HK"/><other otherDesc="BKPQZT6" value="Sedol"/></identifiers><balance>1176</balance><units>NS</units><currencyConditional curCd="HKD" 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exchangeRt="0.90408"/><valUSD>1481025</valUSD><pctVal>0.948</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>Tencent Holdings Ltd</name><lei>254900N4SLUMW4XUYY11</lei><title>TENCENT HOLDINGS LTD</title><cusip>G87572163</cusip><identifiers><isin value="KYG875721634"/><ticker value="700 HK"/><other otherDesc="BMMV2K8" value="Sedol"/></identifiers><balance>27900</balance><units>NS</units><currencyConditional curCd="HKD" exchangeRt="7.833"/><valUSD>1316244</valUSD><pctVal>0.842</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>Alphawave IP Group PLC</name><lei>213800ZXTO21EU4VMH37</lei><title>Alphawave IP Group PLC</title><cusip>G03355107</cusip><identifiers><isin value="GB00BNDRMJ14"/><ticker value="AWE LN"/><other otherDesc="BNDRMJ1" value="Sedol"/></identifiers><balance>315496</balance><units>NS</units><currencyConditional curCd="GBP" exchangeRt="0.76138"/><valUSD>725685</valUSD><pctVal>0.464</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>Shell PLC</name><lei>21380068P1DRHMJ8KU70</lei><title>Shell PLC</title><cusip>G80827101</cusip><identifiers><isin value="GB00BP6MXD84"/><ticker value="SHELL NA"/><other otherDesc="BP6MXT4" value="Sedol"/></identifiers><balance>123743</balance><units>NS</units><currencyConditional curCd="EUR" 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exchangeRt="0.76138"/><valUSD>1275474</valUSD><pctVal>0.816</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>RELX PLC</name><lei>549300WSX3VBUFFJOO66</lei><title>RELX PLC</title><cusip>G7493L105</cusip><identifiers><isin value="GB00B2B0DG97"/><ticker value="REN NA"/><other otherDesc="BYWLC68" value="Sedol"/></identifiers><balance>88942</balance><units>NS</units><currencyConditional curCd="EUR" 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exchangeRt="0.90408"/><valUSD>115708</valUSD><pctVal>0.074</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>FR</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>BAWAG Group AG</name><lei>529900S9YO2JHTIIDG38</lei><title>BAWAG Group AG</title><cusip>A0997C107</cusip><identifiers><isin value="AT0000BAWAG2"/><ticker value="BG AV"/><other otherDesc="BZ1GZ06" value="Sedol"/></identifiers><balance>32570</balance><units>NS</units><currencyConditional curCd="EUR" exchangeRt="0.90408"/><valUSD>1642884</valUSD><pctVal>1.052</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>AT</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>ING Groep NV</name><lei>549300NYKK9MWM7GGW15</lei><title>ING Groep NV</title><cusip>N4578E595</cusip><identifiers><isin value="NL0011821202"/><ticker value="INGA NA"/><other otherDesc="BZ57390" value="Sedol"/></identifiers><balance>155514</balance><units>NS</units><currencyConditional curCd="EUR" exchangeRt="0.90408"/><valUSD>1625017</valUSD><pctVal>1.04</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>Medtronic PLC</name><lei>549300GX3ZBSQWUXY261</lei><title>Medtronic PLC</title><cusip>G5960L103</cusip><identifiers><isin value="IE00BTN1Y115"/><ticker value="MDT US"/><other otherDesc="BTN1Y11" value="Sedol"/></identifiers><balance>18202</balance><units>NS</units><curCd>USD</curCd><valUSD>2019512</valUSD><pctVal>1.293</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>nVent Electric PLC</name><lei>N/A</lei><title>nVent Electric PLC</title><cusip>G6700G107</cusip><identifiers><isin value="IE00BDVJJQ56"/><ticker value="NVT US"/><other otherDesc="BDVJJQ5" 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value="Sedol"/></identifiers><balance>1000000</balance><units>PA</units><curCd>USD</curCd><valUSD>944495</valUSD><pctVal>0.605</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>CORP</issuerCat><invCountry>GB</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2030-07-15</maturityDt><couponKind>Fixed</couponKind><annualizedRt>5</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>ZIGGO BV</name><lei>213800TQASLF9JXH5J59</lei><title>Ziggo BV</title><cusip>98955DAA8</cusip><identifiers><isin value="US98955DAA81"/><ticker value="ZIGGO"/><other otherDesc="BK73JD7" value="Sedol"/></identifiers><balance>1000000</balance><units>PA</units><curCd>USD</curCd><valUSD>941730</valUSD><pctVal>0.603</pctVal><payoffProfile>Long</payoffProfile><assetCat>DBT</assetCat><issuerCat>CORP</issuerCat><invCountry>NL</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2030-01-15</maturityDt><couponKind>Fixed</couponKind><annualizedRt>4.875</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><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 US"/><other otherDesc="2113382" value="Sedol"/></identifiers><balance>24259</balance><units>NS</units><curCd>USD</curCd><valUSD>2529243</valUSD><pctVal>1.619</pctVal><payoffProfile>Long</payoffProfile><assetConditional assetCat="OTHER" desc="GDR"/><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><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>2022-05-15</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></formData><documents>XXXX</documents></edgarSubmission>
