Fund Evaluator:
Janus Henderson Global Research S (JWGRX)
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Best Performing in Global Large-Stock Growth Over the Last Year
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| 23.1% | Fidelity Advisor Worldwide Z (FIQOX) |
| 23.0% | Fidelity Worldwide (FWWFX) |
Fund Details
Janus Henderson Global Research S Overview
Janus Henderson Global Research S (JWGRX) is an actively managed International Equity Global Large-Stock Growth fund. Janus Henderson launched the fund in 2009.
The investment seeks long-term growth of capital. The fund pursues its investment objective by investing primarily in common stocks selected for their growth potential. It may invest in companies of any size located anywhere in the world, from larger, well-established companies to smaller, emerging growth companies. The fund typically invests at least 40% of its net assets in securities of issuers or companies that are economically tied to different countries throughout the world, excluding the United States.
About Janus Henderson Global Research S (JWGRX)
There are 2 members of the management team with an average tenure of 2.51 years: John Jordan (2024), Joshua Cummings (2024). Management tenure is more important for actively managed funds than passive index funds.
The fund has 2 primary benchmarks: MSCI World NR USD index with a weighting of 100% and MSCI ACWI NR USD index with a weighting of 100%. Janus Henderson Global Research S has 123 securities in its portfolio. The top 10 holdings constitute 31.4% of the fund’s assets. The fund meets the SEC requirement of being classified as a diversified fund. The fund is not considered to have an ESG focus with its investment selection and management.
Janus Henderson Global Research S is part of the Equity global asset class and is within the International Equity fund group. Janus Henderson Global Research S has 24.2% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 75.8%. There is 24.2% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Janus Henderson Global Research S has 0.1% of the portfolio in cash.
Assets Under Management
The fund has $24 million in total assets, which is below the $988 million average for the Global Large-Stock Growth category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
JWGRX Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Janus Henderson Global Research S expense ratio is high compared to funds in the Global Large-Stock Growth category. Janus Henderson Global Research S has an expense ratio of 1.24%, which is 11% higher than its category average, making the fund expense ratio grade a D. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. Janus Henderson Global Research S has a portfolio turnover rate of 33%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 47% for the Global Large-Stock Growth category.
Recently, in the month of July 2026, Janus Henderson Global Research S returned -0.2%, which earned it a grade of B, as the Global Large-Stock Growth category had an average return of -2.4%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.
Janus Henderson Global Research S has a trailing yield of 0.24%, which is below the 0.27% category average. The fund normally distributes its income annually and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
Janus Henderson Global Research S Grades
Year to date, the fund has returned 9.1%, 3.1 percentage points better than the category, which translates into a grade of B. The fund has returned 15.1% over the past year (grade of B), 19.3% over the past three years (grade of B) and 11.1% per year over the past five years (grade of A) and 13.2% per year over the past 10 years (grade of B).
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JWGRX Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| JWGRX Return (NAV) | -0.2% | 5.0% | 15.1% | 19.3% | 11.1% | 13.2% |
| JWGRX Grade | B | B | B | B | A | B |
| +/- Category | 2.2% | 2.2% | 3.5% | 4.8% | 4.9% | 1.1% |
| Global Large-Stock Growth Avg | -2.4% | 2.8% | 11.6% | 14.6% | 6.2% | 12.1% |
| JWGRX Tax Cost Ratio | na | na | 1.7% | 1.5% | 1.6% | 1.2% |
JWGRX Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| JWGRX Return (NAV) | 9.1% | 20.3% | 23.0% | 26.3% | -19.9% | 17.6% | 19.7% | 28.5% | -7.2% | 26.4% | 1.6% |
| JWGRX Grade | B | B | B | B | B | B | F | D | D | D | C |
| +/- Category | 3.1% | 4.0% | 5.4% | 0.9% | 6.9% | 2.8% | -13.3% | -2.3% | -0.1% | -4.4% | 0.1% |
| Global Large-Stock Growth Avg | 6.0% | 16.3% | 17.6% | 25.4% | -26.8% | 14.8% | 33.0% | 30.7% | -7.1% | 30.9% | 1.5% |
| Risk Measures | |
| Standard Deviation: | 12.7% |
| Total Risk Index: | 1.03 - Average |
| Category Risk Index: | 0.82 - Low |
| Category Risk Grade: | A (20% Rank) |
| Beta: | 0.96 |
| R-Squared: | 93% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | Large-Cap Blend |
| Bond Investment Style: | na |
| Yield: | 0.2% |
| Dividend Distribution: | Annually |
| Cap Gains Distribution: | Annually |
| Total Assets: | $4709 Mil |
| Fund Total Assets: | $ 25 Mil |
| Share Class Type: | S |
| Portfolio Turnover: | 33% |
Management Team
| Number of Managers: 2 | |||
| Longest Tenure: 2.5 years | |||
| Average Tenure: 2.5 years | |||
| Managers (Year): Jordan John (2024), Cummings Joshua (2024) | |||
Portfolio Composition (as of 4/30/26)
| # of Holdings: | 123 |
| % in Top 10 Holdings: | 31.4% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 24.2% |
Portfolio Allocation |
|
| Domestic Stock: | 75.8% |
| Foreign Stock: | 24.2% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 0.1% |
Purchase Information
| Fund Family: | Janus Henderson |
| Phone Number: | 877-335-2687 |
| Website: | www.janushenderson.com |
| Status: | Open |
| Inception Date: | July 6, 2009 |
| Min. Initial Purchase: | $2,500 |
| Min. Initial IRA Purchase: | $ 0 |
| True No-Load: | Yes |
| Front Load Maximum: | 0.00% |
| Deferred Charge Maximum: | 0.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | 0.25% |
Expenses and Fees | |
| Expense Ratio (%): | 1.24% ( Rating : High ) |
| Category Average Expense Ratio (%): | 1.12% |
| Share Class: | Janus Henderson Global Research D |
| Min. Subsequent Purchase: | $ 0 |
| Min. Subsequent IRA Purchase: | $ 0 |
