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value="SOLEIN"/></identifiers><balance>667683</balance><units>PA</units><curCd>USD</curCd><valUSD>615731</valUSD><pctVal>0.071</pctVal><payoffProfile>Long</payoffProfile><assetCat>LON</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2028-11-09</maturityDt><couponKind>Floating</couponKind><annualizedRt>8.1532</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>N/A</name><lei>N/A</lei><title>CDX.HY.CDSI S39</title><cusip>N/A</cusip><identifiers><other otherDesc="BPXXCLRMP" value="Internal ID"/></identifiers><balance>-86800000</balance><units>OU</units><descOthUnits>Notional</descOthUnits><curCd>USD</curCd><valUSD>3567790</valUSD><pctVal>0.409</pctVal><payoffProfile>N/A</payoffProfile><assetCat>DCR</assetCat><issuerConditional desc="N/A" issuerCat="OTHER"/><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><derivativeInfo><swapDeriv derivCat="SWP"><counterparties><counterpartyName>Citigroup Global Markets Inc</counterpartyName><counterpartyLei>G7D5LKZKIBRMES6BO437</counterpartyLei></counterparties><descRefInstrmnt><otherRefInst><issuerName>CDX HY CDSI</issuerName><issueTitle>CDX HY CDSI S39 5Y</issueTitle><identifiers><other otherDesc="2I65BRZH6" value="RED Code"/></identifiers></otherRefInst></descRefInstrmnt><swapFlag>Y</swapFlag><otherRecDesc fixedOrFloating="Other">CDX.HY.CDSI Series 38</otherRecDesc><fixedPmntDesc amount="-156722.22" curCd="USD" fixedOrFloating="Fixed" fixedRt="5"/><terminationDt>2027-12-20</terminationDt><upfrontPmnt>4557750</upfrontPmnt><pmntCurCd>USD</pmntCurCd><upfrontRcpt>0</upfrontRcpt><rcptCurCd>USD</rcptCurCd><notionalAmt>-86800000</notionalAmt><curCd>USD</curCd><unrealizedAppr>-989960</unrealizedAppr></swapDeriv></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>2022-11-14</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></formData><documents>XXXX</documents></edgarSubmission>
