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A/S</name><lei>213800MXXDGQ3ITPXI41</lei><title>FLSmidth &amp; Company A/S</title><cusip>K90242130</cusip><identifiers><isin value="DK0010234467"/><ticker value="FLS"/><other otherDesc="5263574" value="Sedol"/></identifiers><balance>144314</balance><units>NS</units><currencyConditional curCd="DKK" exchangeRt="6.8225"/><valUSD>6984607</valUSD><pctVal>1.441</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>DK</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Siemens AG</name><lei>W38RGI023J3WT1HWRP32</lei><title>Siemens AG</title><cusip>D69671218</cusip><identifiers><isin value="DE0007236101"/><ticker value="SIE GR"/><other otherDesc="5727973" 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exchangeRt="0.8948"/><valUSD>11951051</valUSD><pctVal>2.466</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>CH</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</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>139498</balance><units>NS</units><currencyConditional curCd="CHF" 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exchangeRt="0.91651"/><valUSD>8559585</valUSD><pctVal>1.766</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>FR</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Janus Henderson US Holdings Inc</name><lei>8T2ZO87FU1KVPZIG9I59</lei><title>Janus Henderson Cash Liquidity Fund</title><cusip>N/A</cusip><identifiers><isin value="DU0000100962"/></identifiers><balance>12010165</balance><units>NS</units><curCd>USD</curCd><valUSD>12012567</valUSD><pctVal>2.479</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>Nordic Semiconductor ASA</name><lei>5967007LIEEXZXJGFK95</lei><title>Nordic Semiconductor ASA</title><cusip>R4988P103</cusip><identifiers><isin value="NO0003055501"/><ticker value="NOD NO"/><other otherDesc="B00ZG06" value="Sedol"/></identifiers><balance>588372</balance><units>NS</units><currencyConditional curCd="NOK" 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exchangeRt="0.91651"/><valUSD>8649143</valUSD><pctVal>1.785</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>FR</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Konecranes Oyj</name><lei>549300EF0CDEQZBMA096</lei><title>Konecranes Oyj</title><cusip>X4550J108</cusip><identifiers><isin value="FI0009005870"/><ticker value="KCR FH"/><other otherDesc="B11WFP1" value="Sedol"/></identifiers><balance>160237</balance><units>NS</units><currencyConditional curCd="EUR" exchangeRt="0.91651"/><valUSD>6442629</valUSD><pctVal>1.329</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>FI</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Kuehne + Nagel International A</name><lei>529900Q0YED3805QXQ66</lei><title>Kuehne + Nagel International AG</title><cusip>H4673L145</cusip><identifiers><isin value="CH0025238863"/><ticker value="KNIN SW"/><other otherDesc="B142S60" value="Sedol"/></identifiers><balance>33383</balance><units>NS</units><currencyConditional curCd="CHF" 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exchangeRt="0.91651"/><valUSD>5579151</valUSD><pctVal>1.151</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>IE</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</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>348385</balance><units>NS</units><currencyConditional curCd="SEK" exchangeRt="10.7815"/><valUSD>6792239</valUSD><pctVal>1.402</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>SE</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Svenska Cellulosa AB SCA</name><lei>549300FW5JDRV1IJ0M67</lei><title>Svenska Cellulosa AB SCA</title><cusip>W90152120</cusip><identifiers><isin value="SE0000112724"/><ticker value="SCAB SS"/><other otherDesc="B1VVGZ5" value="Sedol"/></identifiers><balance>718518</balance><units>NS</units><currencyConditional curCd="SEK" 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exchangeRt="0.91651"/><valUSD>15407619</valUSD><pctVal>3.179</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>NL</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</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>52757</balance><units>NS</units><currencyConditional curCd="CHF" 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exchangeRt="0.91651"/><valUSD>8523157</valUSD><pctVal>1.759</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>IT</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Compass Group PLC</name><lei>2138008M6MH9OZ6U2T68</lei><title>Compass Group PLC</title><cusip>G23296208</cusip><identifiers><isin value="GB00BD6K4575"/><ticker value="CPG LN"/><other otherDesc="BD6K457" value="Sedol"/></identifiers><balance>336806</balance><units>NS</units><currencyConditional curCd="GBP" 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exchangeRt="0.91651"/><valUSD>7329376</valUSD><pctVal>1.512</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>NL</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Novo Nordisk A/S</name><lei>549300DAQ1CVT6CXN342</lei><title>Novo Nordisk A/S</title><cusip>K72807132</cusip><identifiers><isin value="DK0060534915"/><ticker value="NOVOB DC"/><other otherDesc="BHC8X90" value="Sedol"/></identifiers><balance>109521</balance><units>NS</units><currencyConditional curCd="DKK" 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exchangeRt="10.7815"/><valUSD>6609419</valUSD><pctVal>1.364</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>SE</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Dassault Systemes SE</name><lei>96950065LBWY0APQIM86</lei><title>Dassault Systemes SE</title><cusip>F24571451</cusip><identifiers><isin value="FR0014003TT8"/><ticker value="DSY FP"/><other otherDesc="BM8H5Y5" value="Sedol"/></identifiers><balance>70468</balance><units>NS</units><currencyConditional curCd="EUR" exchangeRt="0.91651"/><valUSD>3123547</valUSD><pctVal>0.645</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>FR</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>JD Sports Fashion PLC</name><lei>213800HROV6Y9MUU8375</lei><title>JD Sports Fashion PLC</title><cusip>G5144Y112</cusip><identifiers><isin value="GB00BM8Q5M07"/><ticker value="JD/ LN"/><other otherDesc="BM8Q5M0" value="Sedol"/></identifiers><balance>3425648</balance><units>NS</units><currencyConditional curCd="GBP" exchangeRt="0.78753"/><valUSD>6350801</valUSD><pctVal>1.31</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>GB</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Azelis Group NV</name><lei>699400M9RRMTV264FM70</lei><title>Azelis Group NV</title><cusip>B0R5SJ106</cusip><identifiers><isin value="BE0974400328"/><ticker value="AZE BB"/><other otherDesc="BMHT025" value="Sedol"/></identifiers><balance>353919</balance><units>NS</units><currencyConditional curCd="EUR" exchangeRt="0.91651"/><valUSD>8063009</valUSD><pctVal>1.664</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>BE</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Hexagon AB</name><lei>549300WJFW6ILNI4TA80</lei><title>Hexagon AB - Class B</title><cusip>W4R431112</cusip><identifiers><isin value="SE0015961909"/><ticker value="HEXAB SS"/><other otherDesc="BNZFHC1" value="Sedol"/></identifiers><balance>487002</balance><units>NS</units><currencyConditional curCd="SEK" 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exchangeRt="0.78753"/><valUSD>14318480</valUSD><pctVal>2.955</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>GB</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>UBS Group AG</name><lei>549300SZJ9VS8SGXAN81</lei><title>UBS Group AG</title><cusip>H42097107</cusip><identifiers><isin value="CH0244767585"/><ticker value="UBSG SW"/><other otherDesc="BRJL176" value="Sedol"/></identifiers><balance>597391</balance><units>NS</units><currencyConditional curCd="CHF" exchangeRt="0.8948"/><valUSD>12080677</valUSD><pctVal>2.493</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>CH</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Nordea Bank Abp</name><lei>529900ODI3047E2LIV03</lei><title>Nordea Bank Abp</title><cusip>X5S8VL105</cusip><identifiers><isin value="FI4000297767"/><ticker value="NDA SS"/><other otherDesc="BYZF9J9" value="Sedol"/></identifiers><balance>1125119</balance><units>NS</units><currencyConditional curCd="SEK" exchangeRt="10.7815"/><valUSD>12241011</valUSD><pctVal>2.526</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>SE</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>VAT Group AG</name><lei>529900MVFK7NVALR7Y83</lei><title>VAT Group AG</title><cusip>H90508104</cusip><identifiers><isin value="CH0311864901"/><ticker value="VACN SW"/><other otherDesc="BYZWMR9" value="Sedol"/></identifiers><balance>23320</balance><units>NS</units><currencyConditional curCd="CHF" exchangeRt="0.8948"/><valUSD>9642825</valUSD><pctVal>1.99</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>CH</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>1</fairValLevel><securityLending><isCashCollateral>N</isCashCollateral><isNonCashCollateral>N</isNonCashCollateral><isLoanByFund>N</isLoanByFund></securityLending></invstOrSec><invstOrSec><name>Jungheinrich AG</name><lei>529900PHZORTU6FSXE73</lei><title>Jungheinrich AG</title><cusip>D37552102</cusip><identifiers><isin value="DE0006219934"/><ticker value="45080"/><other otherDesc="5545670" value="Sedol"/></identifiers><balance>140693</balance><units>NS</units><currencyConditional curCd="EUR" exchangeRt="0.91651"/><valUSD>5148709</valUSD><pctVal>1.062</pctVal><payoffProfile>Long</payoffProfile><assetCat>EP</assetCat><issuerCat>CORP</issuerCat><invCountry>DE</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>2023-08-14</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>
