Fund Evaluator:

Janus Henderson Glb Tech and Innovt D Overview

Janus Henderson Glb Tech and Innovt D (JNGTX) is an actively managed Sector Equity Technology fund. Janus Henderson launched the fund in 1998.

The investment seeks long-term growth of capital. The fund pursues its investment objective by investing at least 80% of its net assets in securities of companies that the portfolio management believes will benefit significantly from advances or improvements in technology. It implements this policy by investing primarily in equity securities of U.S. and foreign companies selected for their growth potential. 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. It is non-diversified.

About Janus Henderson Glb Tech and Innovt D (JNGTX)

There are 2 members of the management team with an average tenure of 7.40 years: Denny Fish (2016), Jonathan Cofsky (2022). Management tenure is more important for actively managed funds than passive index funds.

The fund has 2 primary benchmarks: S&P 500 (TR) (1970) index with a weighting of 100% and MSCI ACWI/Information Technology NR USD index with a weighting of 100%. Janus Henderson Glb Tech and Innovt D has 46 securities in its portfolio. The top 10 holdings constitute 66.8% of the fund’s assets. The fund meets the SEC requirement of being classified as a nondiversified fund. The fund is not considered to have an ESG focus with its investment selection and management.

Janus Henderson Glb Tech and Innovt D is part of the Equity global asset class and is within the Sector Equity fund group. Janus Henderson Glb Tech and Innovt D has 29.5% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 68.6%. There is 29.5% 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 Glb Tech and Innovt D has 1.8% of the portfolio in cash.

Assets Under Management

The fund has $5 billion in total assets, which is above the $1 billion average for the Technology 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.

JNGTX 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 Glb Tech and Innovt D expense ratio is high compared to funds in the Technology category. Janus Henderson Glb Tech and Innovt D has an expense ratio of 0.81%, which is 34% lower than its category average, making the fund expense ratio grade a A. 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 Glb Tech and Innovt D has a portfolio turnover rate of 49%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 77% for the Technology category.

Recently, in the month of June 2026, Janus Henderson Glb Tech and Innovt D returned 3.9%, which earned it a grade of B, as the Technology category had an average return of 1.9%. 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 Glb Tech and Innovt D has a trailing yield of 0.00%, which is below the 0.05% 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 Glb Tech and Innovt D Grades

Year to date, the fund has returned 35.0%, 1.4 percentage points better than the category, which translates into a grade of C. The fund has returned 48.6% over the past year (grade of C), 35.6% over the past three years (grade of B) and 17.4% per year over the past five years (grade of B) and 24.7% per year over the past 10 years (grade of B).

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