Page 1 of 3

Janus Henderson Cash Collateral Fund LLC Full Portfolio Holdings as of 4/30/2021 Net Assets as of 4/30/2021: $472,173,488 Weighted Average Maturity: 10 (days) Weighted Average Life: 10 (days) A fund for which Janus Capital Management LLC ("Janus") serves as investment adviser may invest its cash received as collateral in connection with lending its securities in Janus Henderson Cash Collateral Fund LLC, an unregistered cash management vehicle also managed by Janus. Shares of Janus Henderson Cash Collateral Fund LLC are not otherwise available for purchase.

Issuer Cusip Coupon/YieldMaturity Date for Weighted Average Life

Maturity Date for Weighted

Average Maturity

Category of Investment

Principal Amount ($) Value ($)

Credit Agricole, NYK. Joint Repurchase Agreement 0.0100% 5/3/21 5/3/21

U.S. Government

Agency Repurchase Agreement,

collateralized only by U.S. Government

Agency securities, U.S. Treasuries, and

cash

119,100,000 119,100,000

Royal Bank of Canada, NY Branch Joint Repurchase Agreement

0.0050% 5/3/21 5/3/21

U.S. Government

Agency Repurchase Agreement,

collateralized only by U.S. Government

Agency securities, U.S. Treasuries, and

cash

41,900,000 41,900,000

Jefferson Vista Canyon LLC 475469AB8 0.1500% 5/7/21 5/7/21 Variable Rate Demand Note 30,120,000 30,120,000

ING Financial Markets LLC Joint Repurchase Agreement 0.0050% 5/3/21 5/3/21

U.S. Government

Agency Repurchase Agreement,

collateralized only by U.S. Government

Agency securities, U.S. Treasuries, and

cash

30,000,000 30,000,000

Wells Fargo Securities Joint Repurchase Agreement 0.0100% 5/3/21 5/3/21

U.S. Government

Agency Repurchase Agreement,

collateralized only by U.S. Government

30,000,000 30,000,000

Page 2 of 3

Issuer Cusip Coupon/YieldMaturity Date for Weighted Average Life

Maturity Date for Weighted

Average Maturity

Category of Investment

Principal Amount ($) Value ($)

Agency securities, U.S. Treasuries, and

cash

United States Treasury Bill 912796B40 0.0125% 7/1/21 7/1/21 U.S. Treasury Debt 25,000,000 24,999,513

ING Financial Markets LLC Joint Repurchase Agreement 0.0050% 5/3/21 5/3/21

U.S. Government

Agency Repurchase Agreement,

collateralized only by U.S. Government

Agency securities, U.S. Treasuries, and

cash

20,000,000 20,000,000

Legado Encino LLC 52473EAA6 0.1500% 5/7/21 5/7/21 Variable Rate Demand Note 19,500,000 19,500,000

Credit Agricole, NYK Joint Repurchase Agreement 0.0050% 5/3/21 5/3/21

U.S. Government

Agency Repurchase Agreement,

collateralized only by U.S. Government

Agency securities, U.S. Treasuries, and

cash

15,000,000 15,000,000

Goldman, Sachs & Co. Joint Repurchase Agreement 0.0100% 5/3/21 5/3/21

U.S. Government

Agency Repurchase Agreement,

collateralized only by U.S. Government

Agency securities, U.S. Treasuries, and

cash

15,000,000 15,000,000

HSBC Securities (USA), Inc. Joint Repurchase Agreement 0.0050% 5/3/21 5/3/21

U.S. Government

Agency Repurchase Agreement,

collateralized only by U.S. Government

Agency securities, U.S. Treasuries, and

cash

15,000,000 15,000,000

Travis Way LLC 894547AA6 0.1500% 5/7/21 5/7/21 Variable Rate Demand Note 13,740,000 13,740,000

Lodi LV Loca LP 54028AAA0 0.1500% 5/7/21 5/7/21 Variable Rate Demand Note 13,000,000 13,000,000

Page 3 of 3

Issuer Cusip Coupon/YieldMaturity Date for Weighted Average Life

Maturity Date for Weighted

Average Maturity

Category of Investment

Principal Amount ($) Value ($)

Federal Home Loan Bank Discount Notes 313385GQ3 0.0000% 6/8/21 6/8/21

U.S. Government

Agency Debt12,000,000 12,000,005

Encinitas Senior Living LP 29254AAA7 0.1500% 5/7/21 5/7/21 Variable Rate Demand Note 10,100,000 10,100,000

Federal Home Loan Bank Discount Notes 313385FU5 0.0095% 5/19/21 5/19/21

U.S. Government

Agency Debt10,000,000 10,000,009

Federal Home Loan Bank Discount Notes 313385FW1 0.0000% 5/21/21 5/21/21

U.S. Government

Agency Debt10,000,000 10,000,025

Federal Home Loan Bank Discount Notes 313385GY6 0.0098% 6/16/21 6/16/21

U.S. Government

Agency Debt10,000,000 10,000,013

Federal Home Loan Bank Discount Notes 313385FP6 0.0093% 5/14/21 5/14/21

U.S. Government

Agency Debt8,200,000 8,200,003

Talavera Ridge Apartments LP 87411DAA9 0.1500% 5/7/21 5/7/21 Variable Rate Demand Note 7,995,000 7,995,000

Greenback San Juan Associates LP 393574AA6 0.1500% 5/7/21 5/7/21

Variable Rate Demand Note 6,710,000 6,710,000

Talavera Ridge Apartments LP 87411DAB7 0.1500% 5/7/21 5/7/21 Variable Rate Demand Note 4,305,000 4,305,000

Olivetree Apartments LP 681042AA5 0.1500% 5/7/21 5/7/21 Variable Rate Demand Note 4,000,000 4,000,000

Irvine Inn Apartments 46363PAA6 0.1500% 5/7/21 5/7/21 Variable Rate Demand Note 1,250,000 1,250,000

The weighted average maturity is a measure of a fund's interest rate sensitivity. The weighted average maturity may take into account the interest rate readjustment dates for certain securities. The weighted average life is a measure of a fund's credit quality risk and is the weighted average maturity of a portfolio's individual securities without taking into account interest rate readjustment dates. The calculation is based on a security's stated final maturity date or, when relevant, the date of the next demand feature when the fund may receive payment of principal and interest. Holdings are subject to change without notice.

Page 1 of 3

Janus Henderson Cash Collateral Fund LLC Full Portfolio Holdings as of 3/31/2021 Net Assets as of 3/31/2021: $469,829,285 Weighted Average Maturity: 13 (days) Weighted Average Life: 13 (days) A fund for which Janus Capital Management LLC ("Janus") serves as investment adviser may invest its cash received as collateral in connection with lending its securities in Janus Henderson Cash Collateral Fund LLC, an unregistered cash management vehicle also managed by Janus. Shares of Janus Henderson Cash Collateral Fund LLC are not otherwise available for purchase.

Issuer Cusip Coupon/YieldMaturity Date for Weighted Average Life

Maturity Date for Weighted

Average Maturity

Category of Investment

Principal Amount ($) Value ($)

Credit Agricole, NYK. Joint Repurchase Agreement 0.0050% 4/1/21 4/1/21

U.S. Government

Agency Repurchase Agreement,

collateralized only by U.S. Government

Agency securities, U.S. Treasuries, and

cash

135,700,000 135,700,000

United States Treasury Bill 912796D71 0.0380% 4/6/21 4/6/21 U.S. Treasury Debt 50,000,000 49,999,954

Jefferson Vista Canyon LLC 475469AB8 0.1500% 4/7/21 4/7/21 Variable Rate Demand Note 30,120,000 30,120,000

United States Treasury Bill 912796B40 0.0250% 7/1/21 7/1/21 U.S. Treasury Debt 25,000,000 24,998,429

Royal Bank of Canada, NY Branch Joint Repurchase Agreement

0.0050% 4/1/21 4/1/21

U.S. Government

Agency Repurchase Agreement,

collateralized only by U.S. Government

Agency securities, U.S. Treasuries, and

cash

19,900,000 19,900,000

Legado Encino LLC 52473EAA6 0.1500% 4/7/21 4/7/21 Variable Rate Demand Note 19,500,000 19,500,000

ING Financial Markets LLC Joint Repurchase Agreement 0.0050% 4/1/21 4/1/21

U.S. Government

Agency Repurchase Agreement,

collateralized

15,000,000 15,000,000

Page 2 of 3

Issuer Cusip Coupon/YieldMaturity Date for Weighted Average Life

Maturity Date for Weighted

Average Maturity

Category of Investment

Principal Amount ($) Value ($)

only by U.S. Government

Agency securities, U.S. Treasuries, and

cash

Wells Fargo Securities Joint Repurchase Agreement 0.0100% 4/1/21 4/1/21

U.S. Government

Agency Repurchase Agreement,

collateralized only by U.S. Government

Agency securities, U.S. Treasuries, and

cash

15,000,000 15,000,000

Travis Way LLC 894547AA6 0.1500% 4/7/21 4/7/21 Variable Rate Demand Note 13,740,000 13,740,000

Lodi LV Loca LP 54028AAA0 0.1500% 4/7/21 4/7/21 Variable Rate Demand Note 13,000,000 13,000,000

Federal Home Loan Bank Discount Notes 313385GQ3 0.0215% 6/8/21 6/8/21

U.S. Government

Agency Debt12,000,000 11,999,548

Encinitas Senior Living LP 29254AAA7 0.1500% 4/7/21 4/7/21 Variable Rate Demand Note 10,100,000 10,100,000

Goldman, Sachs & Co. Joint Repurchase Agreement 0.0050% 4/1/21 4/1/21

U.S. Government

Agency Repurchase Agreement,

collateralized only by U.S. Government

Agency securities, U.S. Treasuries, and

cash

10,000,000 10,000,000

HSBC Securities (USA), Inc. Joint Repurchase Agreement 0.0050% 4/1/21 4/1/21

U.S. Government

Agency Repurchase Agreement,

collateralized only by U.S. Government

Agency securities, U.S. Treasuries, and

cash

10,000,000 10,000,000

ING Financial Markets LLC Joint Repurchase Agreement 0.0050% 4/1/21 4/1/21

U.S. Government

Agency Repurchase Agreement,

collateralized only by U.S. Government

Agency securities, U.S. Treasuries, and

cash

10,000,000 10,000,000

Page 3 of 3

Issuer Cusip Coupon/YieldMaturity Date for Weighted Average Life

Maturity Date for Weighted

Average Maturity

Category of Investment

Principal Amount ($) Value ($)

Federal Home Loan Bank Discount Notes 313385EG7 0.0000% 4/13/21 4/13/21

U.S. Government

Agency Debt10,000,000 10,000,001

Federal Home Loan Bank Discount Notes 313385EK8 0.0000% 4/16/21 4/16/21

U.S. Government

Agency Debt10,000,000 10,000,001

Federal Home Loan Bank Discount Notes 313385FU5 0.0098% 5/19/21 5/19/21

U.S. Government

Agency Debt10,000,000 9,999,870

Federal Home Loan Bank System 313385FW1 0.0098% 5/21/21 5/21/21U.S.

Government Agency Debt

10,000,000 9,999,869

Federal Home Loan Bank Discount Notes 313385FP6 0.0098% 5/14/21 5/14/21

U.S. Government

Agency Debt8,200,000 8,199,903

Federal Home Loan Bank Discount Notes 313385EC6 0.0180% 4/9/21 4/9/21

U.S. Government

Agency Debt8,000,000 8,000,019

Talavera Ridge Apartments LP 87411DAA9 0.1500% 4/7/21 4/7/21 Variable Rate Demand Note 7,995,000 7,995,000

Greenback San Juan Associates LP 393574AA6 0.1500% 4/7/21 4/7/21

Variable Rate Demand Note 6,710,000 6,710,000

Talavera Ridge Apartments LP 87411DAB7 0.1500% 4/7/21 4/7/21 Variable Rate Demand Note 4,305,000 4,305,000

Olivetree Apartments LP 681042AA5 0.1500% 4/7/21 4/7/21 Variable Rate Demand Note 4,000,000 4,000,000

Irvine Inn Apartments 46363PAA6 0.1500% 4/7/21 4/7/21 Variable Rate Demand Note 1,250,000 1,250,000

The weighted average maturity is a measure of a fund's interest rate sensitivity. The weighted average maturity may take into account the interest rate readjustment dates for certain securities. The weighted average life is a measure of a fund's credit quality risk and is the weighted average maturity of a portfolio's individual securities without taking into account interest rate readjustment dates. The calculation is based on a security's stated final maturity date or, when relevant, the date of the next demand feature when the fund may receive payment of principal and interest. Holdings are subject to change without notice.

Page 1 of 3

Janus Henderson Cash Collateral Fund LLC Full Portfolio Holdings as of 2/28/2021 Net Assets as of 2/28/2021: $251,852,746 Weighted Average Maturity: 10 (days) Weighted Average Life: 10 (days)

A fund for which Janus Capital Management LLC ("Janus") serves as investment adviser may invest its cash received as collateral in connection with lending its securities in Janus Henderson Cash Collateral Fund LLC, an unregistered cash management vehicle also managed by Janus. Shares of Janus Henderson Cash Collateral Fund LLC are not otherwise available for purchase.

Issuer Cusip Coupon/Yield

Maturity Date for Weighted Average Life

Maturity Date for Weighted

Average Maturity

Category of Investment

Principal Amount ($) Value ($)

Credit Agricole, NYK. Joint Repurchase Agreement 0.0100% 3/1/21 3/1/21

U.S. Government

Agency Repurchase Agreement,

collateralized only by U.S. Government

Agency securities, U.S. Treasuries, and

cash

49,400,000 49,400,000

Jefferson Vista Canyon LLC 475469AB8 0.1600% 3/7/21 3/7/21 Variable Rate Demand Note 30,120,000 30,120,000

Legado Encino LLC 52473EAA6 0.1600% 3/7/21 3/7/21 Variable Rate Demand Note 19,500,000 19,500,000

Royal Bank of Canada, NY Branch Joint Repurchase Agreement

0.0200% 3/1/21 3/1/21

U.S. Government

Agency Repurchase Agreement,

collateralized only by U.S. Government

Agency securities, U.S. Treasuries, and

cash

18,500,000 18,500,000

Travis Way LLC 894547AA6 0.1600% 3/7/21 3/7/21 Variable Rate Demand Note 13,740,000 13,740,000

Lodi LV Loca LP 54028AAA0 0.1600% 3/7/21 3/7/21 Variable Rate Demand Note 13,000,000 13,000,000

Encinitas Senior Living LP 29254AAA7 0.1600% 3/7/21 3/7/21 Variable Rate Demand Note 10,100,000 10,100,000

Page 2 of 3

Issuer Cusip Coupon/YieldMaturity Date for Weighted Average Life

Maturity Date for Weighted

Average Maturity

Category of Investment

Principal Amount ($) Value ($)

Goldman, Sachs & Co. Joint Repurchase Agreement 0.0200% 3/1/21 3/1/21

U.S. Government

Agency Repurchase Agreement,

collateralized only by U.S. Government

Agency securities, U.S. Treasuries, and

cash

10,000,000 10,000,000

ING Financial Markets LLC Joint Repurchase Agreement 0.0200% 3/1/21 3/1/21

U.S. Government

Agency Repurchase Agreement,

collateralized only by U.S. Government

Agency securities, U.S. Treasuries, and

cash

10,000,000 10,000,000

Wells Fargo Securities Joint Repurchase Agreement 0.0300% 3/1/21 3/1/21

U.S. Government

Agency Repurchase Agreement,

collateralized only by U.S. Government

Agency securities, U.S. Treasuries, and

cash

10,000,000 10,000,000

Federal Home Loan Bank Discount Notes 313385DL7 0.0265% 3/24/21 3/24/21

U.S. Government

Agency Debt10,000,000 9,999,896

Federal Home Loan Bank System 313385FW1 0.0386% 5/21/21 5/21/21U.S.

Government Agency Debt

10,000,000 9,999,125

Federal Home Loan Bank Discount Notes 313385EC6 0.0371% 4/9/21 4/9/21

U.S. Government

Agency Debt8,000,000 7,999,710

Talavera Ridge Apartments LP 87411DAA9 0.1600% 3/7/21 3/7/21 Variable Rate Demand Note 7,995,000 7,995,000

Greenback San Juan Associates LP 393574AA6 0.1600% 3/7/21 3/7/21

Variable Rate Demand Note 6,710,000 6,710,000

Credit Agricole, NYK. Joint Repurchase Agreement 0.0100% 3/1/21 3/1/21

U.S. Government

Agency Repurchase Agreement,

collateralized only by U.S. Government

Agency securities, U.S. Treasuries, and

cash

5,000,000 5,000,000

Page 3 of 3

Issuer Cusip Coupon/YieldMaturity Date for Weighted Average Life

Maturity Date for Weighted

Average Maturity

Category of Investment

Principal Amount ($) Value ($)

HSBC Securities (USA), Inc. Joint Repurchase Agreement 0.0100% 3/1/21 3/1/21

U.S. Government

Agency Repurchase Agreement,

collateralized only by U.S. Government

Agency securities, U.S. Treasuries, and

cash

5,000,000 5,000,000

ING Financial Markets LLC Joint Repurchase Agreement 0.0100% 3/1/21 3/1/21

U.S. Government

Agency Repurchase Agreement,

collateralized only by U.S. Government

Agency securities, U.S. Treasuries, and

cash

5,000,000 5,000,000

Talavera Ridge Apartments LP 87411DAB7 0.1600% 3/7/21 3/7/21 Variable Rate Demand Note 4,305,000 4,305,000

Olivetree Apartments LP 681042AA5 0.1600% 3/7/21 3/7/21 Variable Rate Demand Note 4,000,000 4,000,000

Irvine Inn Apartments 46363PAA6 0.1600% 3/7/21 3/7/21 Variable Rate Demand Note 1,250,000 1,250,000

The weighted average maturity is a measure of a fund's interest rate sensitivity. The weighted average maturity may take into account the interest rate readjustment dates for certain securities. The weighted average life is a measure of a fund's credit quality risk and is the weighted average maturity of a portfolio's individual securities without taking into account interest rate readjustment dates. The calculation is based on a security's stated final maturity date or, when relevant, the date of the next demand feature when the fund may receive payment of principal and interest. Holdings are subject to change without notice.

Page 1 of 4

Janus Henderson Cash Collateral Fund LLC Full Portfolio Holdings as of 1/31/2021 Net Assets as of 1/31/2021: $378,332,352 Weighted Average Maturity: 16 (days) Weighted Average Life: 16 (days)

A fund for which Janus Capital Management LLC ("Janus") serves as investment adviser may invest its cash received as collateral in connection with lending its securities in Janus Henderson Cash Collateral Fund LLC, an unregistered cash management vehicle also managed by Janus. Shares of Janus Henderson Cash Collateral Fund LLC are not otherwise available for purchase.

Issuer Cusip Coupon/Yield

Maturity Date for Weighted Average Life

Maturity Date for Weighted

Average Maturity

Category of Investment

Principal Amount ($) Value ($)

Credit Agricole, NYK. Joint Repurchase Agreement 0.0300% 2/1/21 2/1/21

U.S. Government

Agency Repurchase Agreement,

collateralized only by U.S. Government

Agency securities, U.S. Treasuries, and

cash

78,400,000 78,400,000

Jefferson Vista Canyon LLC 475469AB8 0.1600% 2/7/21 2/7/21 Variable Rate Demand Note 30,120,000 30,120,000

Federal Home Loan Bank Discount Notes 313385BM7 0.0228% 2/5/21 2/5/21

U.S. Government

Agency Debt20,000,000 20,000,065

Legado Encino LLC 52473EAA6 0.1600% 2/7/21 2/7/21 Variable Rate Demand Note 19,500,000 19,500,000

Federal Home Loan Bank Discount Notes 313385BH8 0.0000% 2/1/21 2/1/21

U.S. Government

Agency Debt15,000,000 15,000,089

Federal Home Loan Bank Discount Notes 313385BQ8 0.0280% 2/8/21 2/8/21

U.S. Government

Agency Debt15,000,000 14,999,971

Travis Way LLC 894547AA6 0.1600% 2/7/21 2/7/21 Variable Rate Demand Note 13,740,000 13,740,000

Lodi LV Loca LP 54028AAA0 0.1600% 2/7/21 2/7/21 Variable Rate Demand Note 13,000,000 13,000,000

Royal Bank of Canada, NY Branch Joint Repurchase Agreement

0.0400% 2/1/21 2/1/21

U.S. Government

Agency Repurchase Agreement,

11,000,000 11,000,000

Page 2 of 4

Issuer Cusip Coupon/YieldMaturity Date for Weighted Average Life

Maturity Date for Weighted

Average Maturity

Category of Investment

Principal Amount ($) Value ($)

collateralized only by U.S. Government

Agency securities, U.S. Treasuries, and

cash

Encinitas Senior Living LP 29254AAA7 0.1600% 2/7/21 2/7/21 Variable Rate Demand Note 10,100,000 10,100,000

ING Financial Markets LLC Joint Repurchase Agreement 0.0500% 2/1/21 2/1/21

U.S. Government

Agency Repurchase Agreement,

collateralized only by U.S. Government

Agency securities, U.S. Treasuries, and

cash

10,000,000 10,000,000

United States Treasury Bill 912796B73 0.0522% 2/9/21 2/9/21 U.S. Treasury Debt 10,000,000 9,999,963

Federal Home Loan Bank Discount Notes 313385BT2 0.0308% 2/11/21 2/11/21

U.S. Government

Agency Debt10,000,000 9,999,957

United States Treasury Bill 912796XE4 0.0476% 2/25/21 2/25/21 U.S. Treasury Debt 10,000,000 9,999,767

Federal Home Loan Bank Discount Notes 313385CW4 0.0463% 3/10/21 3/10/21

U.S. Government

Agency Debt10,000,000 9,999,554

Federal Home Loan Bank Discount Notes 313385DD5 0.0468% 3/17/21 3/17/21

U.S. Government

Agency Debt10,000,000 9,999,456

Federal Home Loan Bank Discount Notes 313385DL7 0.0472% 3/24/21 3/24/21

U.S. Government

Agency Debt10,000,000 9,999,379

Federal Home Loan Bank Discount Notes 313385EH5 0.0672% 4/14/21 4/14/21

U.S. Government

Agency Debt10,000,000 9,998,671

United States Treasury Bill 912796A25 0.0692% 5/13/21 5/13/21 U.S. Treasury Debt 10,000,000 9,998,177

Federal Home Loan Bank Discount Notes 313385EC6 0.0670% 4/9/21 4/9/21

U.S. Government

Agency Debt8,000,000 7,999,014

Talavera Ridge Apartments LP 87411DAA9 0.1600% 2/7/21 2/7/21 Variable Rate Demand Note 7,995,000 7,995,000

Greenback San Juan Associates LP 393574AA6 0.1600% 2/7/21 2/7/21

Variable Rate Demand Note 6,710,000 6,710,000

Page 3 of 4

Issuer Cusip Coupon/YieldMaturity Date for Weighted Average Life

Maturity Date for Weighted

Average Maturity

Category of Investment

Principal Amount ($) Value ($)

Credit Agricole, NYK. Joint Repurchase Agreement 0.0300% 2/1/21 2/1/21

U.S. Government

Agency Repurchase Agreement,

collateralized only by U.S. Government

Agency securities, U.S. Treasuries, and

cash

5,000,000 5,000,000

Goldman, Sachs & Co. Joint Repurchase Agreement 0.0400% 2/1/21 2/1/21

U.S. Government

Agency Repurchase Agreement,

collateralized only by U.S. Government

Agency securities, U.S. Treasuries, and

cash

5,000,000 5,000,000

HSBC Securities (USA), Inc. Joint Repurchase Agreement 0.0300% 2/1/21 2/1/21

U.S. Government

Agency Repurchase Agreement,

collateralized only by U.S. Government

Agency securities, U.S. Treasuries, and

cash

5,000,000 5,000,000

ING Financial Markets LLC Joint Repurchase Agreement 0.0400% 2/1/21 2/1/21

U.S. Government

Agency Repurchase Agreement,

collateralized only by U.S. Government

Agency securities, U.S. Treasuries, and

cash

5,000,000 5,000,000

Wells Fargo Securities Joint Repurchase Agreement 0.0600% 2/1/21 2/1/21

U.S. Government

Agency Repurchase Agreement,

collateralized only by U.S. Government

Agency securities, U.S. Treasuries, and

cash

5,000,000 5,000,000

Federal Farm Credit Discount Notes 313313CH9 0.0356% 2/25/21 2/25/21

U.S. Government

Agency Debt5,000,000 4,999,900

Talavera Ridge Apartments LP 87411DAB7 0.1600% 2/7/21 2/7/21 Variable Rate Demand Note 4,305,000 4,305,000

Page 4 of 4

Issuer Cusip Coupon/YieldMaturity Date for Weighted Average Life

Maturity Date for Weighted

Average Maturity

Category of Investment

Principal Amount ($) Value ($)

Olivetree Apartments LP 681042AA5 0.1600% 2/7/21 2/7/21 Variable Rate Demand Note 4,000,000 4,000,000

Irvine Inn Apartments 46363PAA6 0.1600% 2/7/21 2/7/21 Variable Rate Demand Note 1,250,000 1,250,000

The weighted average maturity is a measure of a fund's interest rate sensitivity. The weighted average maturity may take into account the interest rate readjustment dates for certain securities. The weighted average life is a measure of a fund's credit quality risk and is the weighted average maturity of a portfolio's individual securities without taking into account interest rate readjustment dates. The calculation is based on a security's stated final maturity date or, when relevant, the date of the next demand feature when the fund may receive payment of principal and interest. Holdings are subject to change without notice.

Page 1 of 3

Janus Henderson Cash Collateral Fund LLC Full Portfolio Holdings as of 12/31/2020 Net Assets as of 12/31/2020: $345,298,208 Weighted Average Maturity: 11 (days) Weighted Average Life: 11 (days)

A fund for which Janus Capital Management LLC ("Janus") serves as investment adviser may invest its cash received as collateral in connection with lending its securities in Janus Henderson Cash Collateral Fund LLC, an unregistered cash management vehicle also managed by Janus. Shares of Janus Henderson Cash Collateral Fund LLC are not otherwise available for purchase.

Issuer Cusip Coupon/Yield

Maturity Date for Weighted Average Life

Maturity Date for Weighted

Average Maturity

Category of Investment

Principal Amount ($) Value ($)

Credit Agricole, NYK. Joint Repurchase Agreement 0.0500% 1/4/21 1/4/21

U.S. Government

Agency Repurchase Agreement,

collateralized only by U.S. Government

Agency securities, U.S. Treasuries, and

cash

45,400,000 45,400,000

Royal Bank of Canada, NY Branch Joint Repurchase Agreement

0.0500% 1/4/21 1/4/21

U.S. Government

Agency Repurchase Agreement,

collateralized only by U.S. Government

Agency securities, U.S. Treasuries, and

cash

33,900,000 33,900,000

Jefferson Vista Canyon LLC 475469AB8 0.1900% 1/7/21 1/7/21 Variable Rate Demand Note 30,120,000 30,120,000

Wells Fargo Securities Joint Repurchase Agreement 0.0700% 1/4/21 1/4/21

U.S. Government

Agency Repurchase Agreement,

collateralized only by U.S. Government

Agency securities, U.S. Treasuries, and

cash

25,000,000 25,000,000

Goldman, Sachs & Co. Joint Repurchase Agreement 0.0600% 1/4/21 1/4/21

U.S. Government

Agency Repurchase Agreement,

collateralized only by U.S. Government

20,000,000 20,000,000

Page 2 of 3

Issuer Cusip Coupon/YieldMaturity Date for Weighted Average Life

Maturity Date for Weighted

Average Maturity

Category of Investment

Principal Amount ($) Value ($)

Agency securities, U.S. Treasuries, and

cash

ING Financial Markets LLC Joint Repurchase Agreement 0.0600% 1/4/21 1/4/21

U.S. Government

Agency Repurchase Agreement,

collateralized only by U.S. Government

Agency securities, U.S. Treasuries, and

cash

20,000,000 20,000,000

Legado Encino LLC 52473EAA6 0.1900% 1/7/21 1/7/21 Variable Rate Demand Note 19,500,000 19,500,000

HSBC Securities (USA), Inc Joint Repurchase Agreement 0.0500% 1/4/21 1/4/21

U.S. Government

Agency Repurchase Agreement,

collateralized only by U.S. Government

Agency securities, U.S. Treasuries, and

cash

15,000,000 15,000,000

United States Treasury Bill 912796A66 0.0464% 1/12/21 1/12/21 U.S. Treasury Debt 15,000,000 14,999,967

United States Treasury Bill 912796UC1 0.0608% 1/28/21 1/28/21 U.S. Treasury Debt 15,000,000 14,999,575

Travis Way LLC 894547AA6 0.1900% 1/7/21 1/7/21 Variable Rate Demand Note 13,740,000 13,740,000

Lodi LV Loca LP 54028AAA0 0.1900% 1/7/21 1/7/21 Variable Rate Demand Note 13,000,000 13,000,000

Encinitas Senior Living LP 29254AAA7 0.1900% 1/7/21 1/7/21 Variable Rate Demand Note 10,100,000 10,100,000

Federal Home Loan Bank Discount Notes 313385BT2 0.0724% 2/11/21 2/11/21

U.S. Government

Agency Debt10,000,000 9,999,246

Federal Home Loan Bank Discount Notes 313385BM7 0.0711% 2/5/21 2/5/21

U.S. Government

Agency Debt10,000,000 9,999,411

Federal Home Loan Bank Discount Notes 313385DL7 0.0857% 3/24/21 3/24/21

U.S. Government

Agency Debt10,000,000 9,998,142

Page 3 of 3

Issuer Cusip Coupon/YieldMaturity Date for Weighted Average Life

Maturity Date for Weighted

Average Maturity

Category of Investment

Principal Amount ($) Value ($)

Talavera Ridge Apartments LP 87411DAA9 0.1900% 1/7/21 1/7/21 Variable Rate Demand Note 7,995,000 7,995,000

Greenback San Juan Associates LP 393574AA6 0.1900% 1/7/21 1/7/21

Variable Rate Demand Note 6,710,000 6,710,000

Credit Agricole, NYK Joint Repurchase Agreement 0.0500% 1/4/21 1/4/21

U.S. Government

Agency Repurchase Agreement,

collateralized only by U.S. Government

Agency securities, U.S. Treasuries, and

cash

5,000,000 5,000,000

Royal Bank of Canada, NY Branch Joint Repurchase Agreement

0.0300% 1/4/21 1/4/21

U.S. Government

Agency Repurchase Agreement,

collateralized only by U.S. Government

Agency securities, U.S. Treasuries, and

cash

5,000,000 5,000,000

Federal Farm Credit Discount Notes 313313CH9 0.0743% 2/25/21 2/25/21

U.S. Government

Agency Debt5,000,000 4,999,467

Talavera Ridge Apartments LP 87411DAB7 0.1900% 1/7/21 1/7/21 Variable Rate Demand Note 4,305,000 4,305,000

Olivetree Apartments LP 681042AA5 0.1900% 1/7/21 1/7/21 Variable Rate Demand Note 4,000,000 4,000,000

Irvine Inn Apartments 46363PAA6 0.1900% 1/7/21 1/7/21 Variable Rate Demand Note 1,250,000 1,250,000

The weighted average maturity is a measure of a fund's interest rate sensitivity. The weighted average maturity may take into account the interest rate readjustment dates for certain securities. The weighted average life is a measure of a fund's credit quality risk and is the weighted average maturity of a portfolio's individual securities without taking into account interest rate readjustment dates. The calculation is based on a security's stated final maturity date or, when relevant, the date of the next demand feature when the fund may receive payment of principal and interest. Holdings are subject to change without notice.

Page 1 of 3

Janus Henderson Cash Collateral Fund LLC Full Portfolio Holdings as of 11/30/2020 Net Assets as of 11/30/2020: $341,399,917 Weighted Average Maturity: 12 (days) Weighted Average Life: 12 (days) A fund for which Janus Capital Management LLC ("Janus") serves as investment adviser may invest its cash received as collateral in connection with lending its securities in Janus Henderson Cash Collateral Fund LLC, an unregistered cash management vehicle also managed by Janus. Shares of Janus Henderson Cash Collateral Fund LLC are not otherwise available for purchase.

Issuer Cusip Coupon/YieldMaturity Date for Weighted Average Life

Maturity Date for Weighted

Average Maturity

Category of Investment

Principal Amount ($) Value ($)

Credit Agricole, NYK. Joint Repurchase Agreement 0.0600% 12/1/20 12/1/20

U.S. Government

Agency Repurchase Agreement,

collateralized only by U.S. Government

Agency securities, U.S. Treasuries, and

cash

81,000,000 81,000,000

Jefferson Vista Canyon LLC 475469AB8 0.1900% 12/7/20 12/7/20 Variable Rate Demand Note 30,120,000 30,120,000

Legado Encino LLC 52473EAA6 0.1900% 12/7/20 12/7/20 Variable Rate Demand Note 19,500,000 19,500,000

Royal Bank of Canada, NY Branch Joint Repurchase Agreement

0.0900% 12/1/20 12/1/20

U.S. Government

Agency Repurchase Agreement,

collateralized only by U.S. Government

Agency securities, U.S. Treasuries, and

cash

19,400,000 19,400,000

Credit Agricole, NYK. Joint Repurchase Agreement 0.0600% 12/1/20 12/1/20

U.S. Government

Agency Repurchase Agreement,

collateralized only by U.S. Government

Agency securities, U.S. Treasuries, and

cash

15,000,000 15,000,000

Page 2 of 3

Issuer Cusip Coupon/YieldMaturity Date for Weighted Average Life

Maturity Date for Weighted

Average Maturity

Category of Investment

Principal Amount ($) Value ($)

United States Treasury Bill 912796UC1 0.0866% 1/28/21 1/28/21 U.S. Treasury Debt 15,000,000 14,998,014

Travis Way LLC 894547AA6 0.1900% 12/7/20 12/7/20 Variable Rate Demand Note 13,740,000 13,740,000

Lodi LV Loca LP 54028AAA0 0.1900% 12/7/20 12/7/20 Variable Rate Demand Note 13,000,000 13,000,000

Encinitas Senior Living LP 29254AAA7 0.1900% 12/7/20 12/7/20 Variable Rate Demand Note 10,100,000 10,100,000

Goldman, Sachs & Co. Joint Repurchase Agreement 0.0700% 12/1/20 12/1/20

U.S. Government

Agency Repurchase Agreement,

collateralized only by U.S. Government

Agency securities, U.S. Treasuries, and

cash

10,000,000 10,000,000

ING Financial Markets LLC Joint Repurchase Agreement 0.0700% 12/1/20 12/1/20

U.S. Government

Agency Repurchase Agreement,

collateralized only by U.S. Government

Agency securities, U.S. Treasuries, and

cash

10,000,000 10,000,000

Wells Fargo Securities Joint Repurchase Agreement 0.0900% 12/1/20 12/1/20

U.S. Government

Agency Repurchase Agreement,

collateralized only by U.S. Government

Agency securities, U.S. Treasuries, and

cash

10,000,000 10,000,000

United States Treasury Bill 912796TU3 0.0967% 12/3/20 12/3/20 U.S. Treasury Debt 10,000,000 9,999,996

United States Treasury Bill 9127963J6 0.0544% 12/10/20 12/10/20 U.S. Treasury Debt 10,000,000 9,999,905

Federal Home Loan Bank Discount Notes 313384T58 0.0563% 12/16/20 12/16/20

U.S. Government

Agency Debt10,000,000 9,999,779

Federal Home Loan Bank Discount Notes 313384U49 0.0574% 12/23/20 12/23/20

U.S. Government

Agency Debt10,000,000 9,999,658

Page 3 of 3

Issuer Cusip Coupon/YieldMaturity Date for Weighted Average Life

Maturity Date for Weighted

Average Maturity

Category of Investment

Principal Amount ($) Value ($)

Federal Home Loan Bank Discount Notes 313385BM7 0.0887% 2/5/21 2/5/21

U.S. Government

Agency Debt10,000,000 9,998,381

Federal Home Loan Bank Discount Notes 313385DL7 0.0893% 3/24/21 3/24/21

U.S. Government

Agency Debt10,000,000 9,997,204

Talavera Ridge Apartments LP 87411DAA9 0.1900% 12/7/20 12/7/20 Variable Rate Demand Note 7,995,000 7,995,000

Greenback San Juan Associates LP 393574AA6 0.1900% 12/7/20 12/7/20

Variable Rate Demand Note 6,710,000 6,710,000

HSBC Securities (USA), Inc. Joint Repurchase Agreement 0.0600% 12/1/20 12/1/20

U.S. Government

Agency Repurchase Agreement,

collateralized only by U.S. Government

Agency securities, U.S. Treasuries, and

cash

5,000,000 5,000,000

Royal Bank of Canada, NY Branch Joint Repurchase Agreement

0.0700% 12/1/20 12/1/20

U.S. Government

Agency Repurchase Agreement,

collateralized only by U.S. Government

Agency securities, U.S. Treasuries, and

cash

5,000,000 5,000,000

Talavera Ridge Apartments LP 87411DAB7 0.1900% 12/7/20 12/7/20 Variable Rate Demand Note 4,305,000 4,305,000

Olivetree Apartments LP 681042AA5 0.1900% 12/7/20 12/7/20 Variable Rate Demand Note 4,000,000 4,000,000

Irvine Inn Apartments 46363PAA6 0.1900% 12/7/20 12/7/20 Variable Rate Demand Note 1,250,000 1,250,000

The weighted average maturity is a measure of a fund's interest rate sensitivity. The weighted average maturity may take into account the interest rate readjustment dates for certain securities. The weighted average life is a measure of a fund's credit quality risk and is the weighted average maturity of a portfolio's individual securities without taking into account interest rate readjustment dates. The calculation is based on a security's stated final maturity date or, when relevant, the date of the next demand feature when the fund may receive payment of principal and interest. Holdings are subject to change without notice.

JanusHendersonCashCollateralFund2a-7Report_PersonalProof(complete)DisclosureCashCollateral

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