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exchangeRt="0.94598"/><valUSD>3053224</valUSD><pctVal>0.698</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>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>743043</balance><units>NS</units><currencyConditional curCd="SEK" exchangeRt="10.922"/><valUSD>5680545</valUSD><pctVal>1.299</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><loanByFundCondition isLoanByFund="Y" loanVal="2245878.16"/></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>55406</balance><units>NS</units><currencyConditional curCd="CHF" exchangeRt="0.9151"/><valUSD>6752647</valUSD><pctVal>1.544</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>Ferrari NV</name><lei>549300RIVY5EX8RCON76</lei><title>Ferrari NV</title><cusip>N3167Y103</cusip><identifiers><isin value="NL0011585146"/><ticker value="RACE IM"/><other otherDesc="BD6G507" value="Sedol"/></identifiers><balance>26082</balance><units>NS</units><currencyConditional curCd="EUR" exchangeRt="0.94598"/><valUSD>7685726</valUSD><pctVal>1.757</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>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" exchangeRt="0.81974"/><valUSD>8203827</valUSD><pctVal>1.876</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>BE Semiconductor Industries NV</name><lei>7245007A1YFLI2GNYX06</lei><title>BE Semiconductor Industries NV</title><cusip>N13107144</cusip><identifiers><isin value="NL0012866412"/><ticker value="BESI NA"/><other otherDesc="BG0SCK9" value="Sedol"/></identifiers><balance>40473</balance><units>NS</units><currencyConditional curCd="EUR" exchangeRt="0.94598"/><valUSD>3956880</valUSD><pctVal>0.905</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>Atlas Copco AB</name><lei>213800T8PC8Q4FYJZR07</lei><title>Atlas Copco AB - Class A</title><cusip>W1R924252</cusip><identifiers><isin value="SE0017486889"/><ticker value="ATCOA SS"/><other otherDesc="BLDBN41" value="Sedol"/></identifiers><balance>336511</balance><units>NS</units><currencyConditional curCd="SEK" exchangeRt="10.922"/><valUSD>4509998</valUSD><pctVal>1.031</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>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>183295</balance><units>NS</units><currencyConditional curCd="EUR" exchangeRt="0.94598"/><valUSD>6813739</valUSD><pctVal>1.558</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>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>2638848</balance><units>NS</units><currencyConditional curCd="GBP" exchangeRt="0.81974"/><valUSD>4806621</valUSD><pctVal>1.099</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>Argenx SE</name><lei>7245009C5FZE6G9ODQ71</lei><title>Argenx SE</title><cusip>N0610Q109</cusip><identifiers><isin value="NL0010832176"/><ticker value="ARGX BB"/><other otherDesc="BNHKYX4" value="Sedol"/></identifiers><balance>22509</balance><units>NS</units><currencyConditional curCd="EUR" exchangeRt="0.94598"/><valUSD>10941495</valUSD><pctVal>2.502</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>BE</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</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-B</title><cusip>K72807140</cusip><identifiers><isin value="DK0062498333"/><ticker value="NOVOB DC"/><other otherDesc="BP6KMJ1" value="Sedol"/></identifiers><balance>149745</balance><units>NS</units><currencyConditional curCd="DKK" exchangeRt="7.0532"/><valUSD>13624094</valUSD><pctVal>3.115</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>Shell PLC</name><lei>21380068P1DRHMJ8KU70</lei><title>Shell PLC</title><cusip>G80827101</cusip><identifiers><isin value="GB00BP6MXD84"/><ticker value="SHEL LN"/><other otherDesc="BP6MXD8" value="Sedol"/></identifiers><balance>571799</balance><units>NS</units><currencyConditional curCd="GBP" exchangeRt="0.81974"/><valUSD>18151639</valUSD><pctVal>4.15</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>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="0.9151"/><valUSD>14770201</valUSD><pctVal>3.377</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>Flutter Entertainment PLC</name><lei>635400EG4YIJLJMZJ782</lei><title>Flutter Entertainment PLC</title><cusip>G3643J108</cusip><identifiers><isin value="IE00BWT6H894"/><ticker value="FLTR ID"/><other otherDesc="BWT6H89" value="Sedol"/></identifiers><balance>31406</balance><units>NS</units><currencyConditional curCd="EUR" exchangeRt="0.94598"/><valUSD>5125478</valUSD><pctVal>1.172</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>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="10.922"/><valUSD>12367757</valUSD><pctVal>2.828</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>SPIE SA</name><lei>969500TJNS5GSFWJ8X85</lei><title>SPIE SA</title><cusip>F8691R101</cusip><identifiers><isin value="FR0012757854"/><ticker value="SPIE FP"/><other otherDesc="BYZFYS3" value="Sedol"/></identifiers><balance>173932</balance><units>NS</units><currencyConditional curCd="EUR" exchangeRt="0.94598"/><valUSD>5057872</valUSD><pctVal>1.156</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>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>11038</balance><units>NS</units><currencyConditional curCd="CHF" exchangeRt="0.9151"/><valUSD>3931638</valUSD><pctVal>0.899</pctVal><payoffProfile>Long</payoffProfile><assetCat>EC</assetCat><issuerCat>CORP</issuerCat><invCountry>CH</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>548828</balance><units>NS</units><currencyConditional curCd="EUR" exchangeRt="0.94598"/><valUSD>7249146</valUSD><pctVal>1.657</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>CRH PLC</name><lei>549300MIDJNNTH068E74</lei><title>CRH PLC ORD EUR 0.32 (DI)</title><cusip>G25508105</cusip><identifiers><isin value="IE0001827041"/><ticker value="CRH LN"/><other otherDesc="182704" value="Sedol"/></identifiers><balance>155695</balance><units>NS</units><currencyConditional curCd="GBP" exchangeRt="0.81974"/><valUSD>8585967</valUSD><pctVal>1.963</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></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>2023-11-14</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></edgarSubmission>
