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JANUS INVESTMENT FUND proxy voting record, 2025-2026

JANUS INVESTMENT FUND reported 19,716 proxy votes on Form N-PX for the 2026 season. On the 15,061 ballot items the board itself put forward — directors, pay, the auditor, capital — it voted FOR 97.2% of the time. On the 392 environmental and social proposals put on the ballot by shareholders, it voted FOR 3.6% of the time.

2023-20242024-20252025-2026

On the board’s own proposals

97.2% FOR of 15,061 fund votes on board proposals in 2025-2026: directors, pay, auditor, capital.

FOR 14,645 AGAINST 252 Abstained or withheld 164

How we count these

On proposals shareholders put on the ballot

3.6% FOR of 392 fund votes on environmental and social proposals shareholders put on the ballot. The board opposed 392.

FOR 14 AGAINST 378 Abstained 4

See the 14 it backed →

How we count these

By proposal type

A single “voted with management” figure makes every manager look the same: director elections are most of the volume and nearly everyone votes FOR them. The record is therefore reported per category, using the category the filer itself put on each item in its N-PX.

JANUS INVESTMENT FUND, 2025-2026. “Decided” is FOR + AGAINST, the denominator of the two percentage columns; abstentions and withheld votes are shown separately and are never inside a percentage. Counted in ballot items — one fund’s vote on one proposal at one meeting — never in shares.
Proposal typePut on the ballot by ItemsDecided Voted FORVoted AGAINST Abstained / withheld
Director Elections Board (10 inferred) 10,430 9,938 98.6% 1.4% 149
Director Elections Shareholders (2 inferred) 2 2 50.0% 50.0% 0
Corporate Governance Board 1,571 1,562 96.6% 3.4% 9
Corporate Governance Shareholders (8 inferred) 314 306 52.6% 47.4% 4
Audit-related Board 1,546 1,545 99.8% 0.2% 1
Audit-related Shareholders (4 inferred) 8 8 87.5% 12.5% 0
Say-on-Pay Board 1,195 1,119 97.2% 2.8% 1
Say-on-Pay Shareholders (4 inferred) 4 4 100.0% 0.0% 0
Compensation Board (2 inferred) 1,166 1,157 95.9% 4.1% 9
Compensation Shareholders (2 inferred) 32 27 29.6% 70.4% 0
Capital Structure Board 1,090 1,087 97.4% 2.6% 3
Capital Structure Shareholders 17 17 64.7% 35.3% 0
Other Social Issues Board 70 69 100.0% 0.0% 1
Other Social Issues Shareholders 271 267 3.0% 97.0% 0
Environment or Climate Board 36 35 100.0% 0.0% 1
Environment or Climate Shareholders 182 178 1.1% 98.9% 0
Diversity, Equity, and Inclusion Board 26 25 100.0% 0.0% 1
Diversity, Equity, and Inclusion Shareholders 87 83 0.0% 100.0% 0
Human Rights or Human Capital/workforce Board 26 25 100.0% 0.0% 1
Human Rights or Human Capital/workforce Shareholders 87 79 5.1% 94.9% 4
Extraordinary Transactions Board 93 92 92.4% 7.6% 1
Shareholder Rights and Defenses Board 55 55 98.2% 1.8% 0
Shareholder Rights and Defenses Shareholders (4 inferred) 37 37 40.5% 59.5% 0
Investment Company Matters Board 47 0 n/a n/a 0
Other Board 20 20 80.0% 20.0% 0
Other Shareholders 13 13 23.1% 76.9% 0

An item the filer put in two categories is counted in both rows, so the rows add up to more than the total. Who put an item on the ballot is decided item by item: the filer’s own answer on Form N-PX (Item 1(h)), or, where the filing does not give one, the proposal’s own wording (36 items, shown as inferred). The two figures above use only part of these rows: the board figure, board proposals on directors, pay, the auditor, capital, transactions and fund matters; the shareholder figure, environmental, social, workforce and diversity shareholder proposals at US-listed companies. How we count these

Every proposal where JANUS INVESTMENT FUND broke with the board (294 distinct proposals) →

What JANUS INVESTMENT FUND said it would do

The page above is what JANUS INVESTMENT FUND did. Its published proxy voting policy — what it said it would do — is in the voting policy library under Janus Henderson, with the documents for each year and, where one exists, a year-on-year comparison.

What is being counted

The unit is a fund-level observation: one fund’s vote on one proposal at one meeting. It is not a share, not a filing line and not a proposal.
JANUS INVESTMENT FUND filed 19,716 vote records for 2025-2026; after removing votes filed twice in different N-PX filings, that is 17,858 ballot items (fund-level observations) across 737 issuer names and 30 funds. They cover 8,430 distinct proposals: one proposal voted by twenty of its funds is twenty ballot items here and one proposal. Proposals are counted per issuer name and meeting, and wordings of the same director nominee are counted once; two different wordings of any other proposal count twice, so this is an upper bound. A fund that reported several directions for the same item is a split vote, counted on its own (see the table below) and not collapsed into the larger direction. “Issuer names” is literal: filers spell the same company several ways and those are counted separately here, so this runs higher than the number of distinct companies.
Share counts are not used anywhere on this page.
Share figures in N-PX carry their own long list of corrections in this dataset, and a share-weighted rate would inherit every one of them. Every percentage here is a count of items.
Abstentions are reported, never hidden inside a percentage.
On the board’s own proposals an abstention or a withheld vote is not support, so it is in the denominator of the FOR figure and not in its numerator. On shareholder proposals an abstention is neither support nor opposition, so it is excluded from the denominator and shown on its own.
470 items are outside both headline figures.
Besides the table rows neither figure uses:
ExcludedItemsWhy
Not voted0 Reported as not voted, take no action or do not vote. No position was expressed, so there is nothing to count.
Other ballot type434 Frequency ballots (one / two / three years) and anything else that is not a FOR, AGAINST, abstention or withhold.
Direction indeterminate0 The fund reported several directions for one ballot item with no shares attached to any of them, so which way it voted cannot be established.
Split vote36 The fund voted its shares in more than one direction on the item (for example some FOR and some AGAINST), the smaller part at least 5% of its shares. It is not collapsed into the larger part.

About this page

Every figure is derived from Form N-PX, the filing in which registered funds disclose how they voted every proxy and institutional managers disclose their votes on executive pay (say-on-pay, say-on-frequency and golden parachutes). Figures are rebuilt weekly; this page was built on October 13, 2026. The interactive database shows the same votes company by company, including every individual fund.

JANUS INVESTMENT FUND proxy season coverage: 2023-2024 · 2024-2025 · 2025-2026 (this page).