Janus's Intech Global Dividend Fund lowers total expenses by 0.5%

By Toni Weeks

San Diego, March 30 - Janus Investment Fund said in a 497 filing with the Securities and Exchange Commission that it has reduced the operating expenses for its Intech Global Dividend Fund, effective April 2.

All share classes of the fund will lower their net annual fund operating expenses by 0.5%. The adviser, Denver-based Janus Capital Management, LLC, is waiving the additional 0.5% to lower fees.

After the increase in the fee waiver, annual fund operating expenses are expected to be 0.77% for class A, 1.52% for class C, 1.02% for class S, 0.52% for class 0.77 % for class T and 0.66% for class D shares.

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