Janus Investment Fund
Janus Henderson Absolute Return Income Opportunities Fund
Supplement dated December 6, 2023
to Currently Effective Prospectuses
Effective March 1, 2024, Addison Maier will join Dylan Bourke and Daniel Siluk as a Co-Portfolio Manager of Janus Henderson Absolute Return Income Opportunities Fund (the “Fund”).
Accordingly, effective March 1, 2024, the prospectuses for the Fund are amended as follows:
| 1. | Under “Management” in the Fund Summary section of the Fund’s prospectuses, the following paragraph replaces the corresponding paragraph in its entirety: |
Portfolio Management: Dylan Bourke, CFA, is Executive Vice President and Co-Portfolio Manager of the Fund, which he has co-managed since June 2021. Addison Maier is Co-Portfolio Manager of the Fund, which he has co-managed since March 2024. Daniel Siluk is Executive Vice President and Co-Portfolio Manager of the Fund, which he has co-managed since June 2021.
| 2. | Under “Portfolio Management – Janus Henderson Absolute Return Income Opportunities Fund” in the Management of the Funds section of the Fund’s prospectuses, the following paragraph replaces the first paragraph in its entirety: |
Co-Portfolio Managers Dylan Bourke, Addison Maier, and Daniel Siluk jointly share responsibility for the day-to-day management of the Fund, with no limitation on the authority of one co-portfolio manager in relation to the others.
| 3. | Under “Portfolio Management – Janus Henderson Absolute Return Income Opportunities Fund” in the Management of the Funds section of the Fund’s prospectuses, the following paragraph is added after the second paragraph: |
Addison Maier is Co-Portfolio Manager of Janus Henderson Absolute Return Income Opportunities Fund, which he has co-managed since March 2024. Mr. Maier is also Portfolio Manager of other Janus Henderson accounts. He joined the Adviser as a credit analyst in 2011, and has served as an associate portfolio manager since 2021. He holds a Bachelor of Science degree in Business Administration, with an emphasis in Finance, from the University of Colorado, and a Master of Business Administration degree with honors from the University of Pennsylvania, Wharton School of Business.
Effective March 1, 2024, all references to Jason England serving in the role of Executive Vice President and Co-Portfolio Manager of the Fund are deleted from the Fund’s prospectuses.
Please retain this Supplement with your records.
Janus Investment Fund
Janus Henderson Absolute Return Income Opportunities Fund
Supplement dated December 6, 2023
to Currently Effective Statement of Additional Information
Effective March 1, 2024, Addison Maier will join Dylan Bourke and Daniel Siluk as a Co-Portfolio Manager of Janus Henderson Absolute Return Income Opportunities Fund (the “Fund”).
Accordingly, effective March 1, 2024, the statement of additional information (the “SAI”) for the Fund is amended as follows:
| 1. | Under “Janus Henderson Portfolio Management” in the Trustees and Officers section of the Fund’s SAI, the following information is added to the table under the heading “Other Accounts Managed” in alphabetical order: |
|
|
|
|
Other Registered Investment Companies |
|
|
Other Pooled Investment Vehicles |
|
Other Accounts | ||||||
|
Addison Maier(4)** |
Number of Other Accounts Managed Assets in Other Accounts Managed |
|
None None |
|
|
None None |
|
|
None None |
| ||||
(4) Effective March 1, 2024, Addison Maier was appointed Co-Portfolio Manager of Janus Henderson Absolute Return Income Opportunities Fund. This information does not reflect other accounts that Mr. Maier was appointed to manage concurrent with his appointment as Co-Portfolio Manager of the Fund.
**As of October 31, 2023.
| 2. | Under “Ownership of Securities” in the Trustees and Officers section of the Fund’s SAI, the following information is added in alphabetical order: |
| Investment Personnel | Dollar Range of Equity Securities in the Fund(s) Managed |
Aggregate Dollar Range of Securities in the Fund | ||||
|
Addison Maier(1)** |
Janus Henderson Absolute Return Income Opportunities Fund |
$100,001-$500,000 | $100,001-$500,000 | |||
(1) Effective March 1, 2024, Addison Maier was appointed Co-Portfolio Manager of Janus Henderson Absolute Return Income Opportunities Fund.
**As of October 31, 2023.
Effective March 1, 2024, all references to Jason England serving in the role of Executive Vice President and Co-Portfolio Manager of the Fund are deleted from the Fund’s SAI.
Please retain this Supplement with your records.