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value="Sedol"/></identifiers><balance>5000000</balance><units>PA</units><curCd>USD</curCd><valUSD>4665851</valUSD><pctVal>0.601</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-MBS</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2037-01-10</maturityDt><couponKind>Variable</couponKind><annualizedRt>3.6942</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>AMERICAN AIRLINES/AADVAN</name><lei>IWUQB36BXD6OWD6X4T14</lei><title>Amercian Airlines Inc / AAdvantage Loyalty IP Ltd</title><cusip>00253XAB7</cusip><identifiers><isin value="US00253XAB73"/><ticker value="AAL"/><other otherDesc="BM8H783" value="Sedol"/></identifiers><balance>2712200</balance><units>PA</units><curCd>USD</curCd><valUSD>2643751</valUSD><pctVal>0.341</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2029-04-20</maturityDt><couponKind>Fixed</couponKind><annualizedRt>5.75</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>MED Trust</name><lei>N/A</lei><title>MED Trust 2021-MDLN F</title><cusip>58403YAX4</cusip><identifiers><isin value="US58403YAX40"/><ticker value="MED"/><other otherDesc="BPCJNP5" value="Sedol"/></identifiers><balance>5476379</balance><units>PA</units><curCd>USD</curCd><valUSD>5276557</valUSD><pctVal>0.68</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2038-11-15</maturityDt><couponKind>Floating</couponKind><annualizedRt>9.47648</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>New Economy Assets Phase 1 Iss</name><lei>549300Q2EHQ6RJPQKP05</lei><title>New Economy Assets Phase 1 Issuer LLC 2021-1 B1</title><cusip>643821AB7</cusip><identifiers><isin value="US643821AB76"/><ticker value="USRE"/><other otherDesc="BMHSP38" value="Sedol"/></identifiers><balance>5000000</balance><units>PA</units><curCd>USD</curCd><valUSD>4053630</valUSD><pctVal>0.522</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2061-10-20</maturityDt><couponKind>Fixed</couponKind><annualizedRt>2.41</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>VASA Trust</name><lei>N/A</lei><title>VASA Trust 2021-VASA F</title><cusip>92230AAL0</cusip><identifiers><isin value="US92230AAL08"/><ticker value="VASA"/><other otherDesc="BNXHK08" value="Sedol"/></identifiers><balance>3083000</balance><units>PA</units><curCd>USD</curCd><valUSD>1693542</valUSD><pctVal>0.218</pctVal><payoffProfile>Long</payoffProfile><assetCat>ABS-O</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>Y</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2039-07-15</maturityDt><couponKind>Floating</couponKind><annualizedRt>9.37648</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>MIC GLEN LLC</name><lei>549300XD843A2SP50882</lei><title>Mic Glen LLC</title><cusip>55304PAE1</cusip><identifiers><isin value="US55304PAE16"/><ticker value="KMACHO"/></identifiers><balance>2303342</balance><units>PA</units><curCd>USD</curCd><valUSD>2234242</valUSD><pctVal>0.288</pctVal><payoffProfile>Long</payoffProfile><assetCat>LON</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2029-07-20</maturityDt><couponKind>Floating</couponKind><annualizedRt>12.20596</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>TACALA INVESTMENT CORP</name><lei>549300XTM341KBSTDI88</lei><title>Tacala Investment Corp</title><cusip>9TERM7EY6</cusip><identifiers><isin value="N/A"/><ticker value="TACALA"/></identifiers><balance>3481080</balance><units>PA</units><curCd>USD</curCd><valUSD>3465868</valUSD><pctVal>0.447</pctVal><payoffProfile>Long</payoffProfile><assetCat>LON</assetCat><issuerCat>CORP</issuerCat><invCountry>US</invCountry><isRestrictedSec>N</isRestrictedSec><fairValLevel>2</fairValLevel><debtSec><maturityDt>2028-02-04</maturityDt><couponKind>Floating</couponKind><annualizedRt>13.47044</annualizedRt><isDefault>N</isDefault><areIntrstPmntsInArrs>N</areIntrstPmntsInArrs><isPaidKind>N</isPaidKind></debtSec><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>2024-02-14</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>
