Janus Balanced Fund (JABAX)
20+ Years of Dynamic Asset Allocation

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FUND FACTS (JABAX)

Inception Date9/1/1992
NAV (As of 3/2/15 )$31.42
Total Net Assets (As of 1/31/15)$12.55B
Annual Expense Ratio
(As of fiscal year end 9/30/14)
GROSS 0.83%
NET 0.83%

Yields

Distribution Yield at NAV (As of 12/31/14)

1.82%
30 Day SEC Yield (As of 1/31/15)
with waivers
without waivers

1.64%
1.64%
Distribution FrequencyQuarterly
Performance (As of 12/31/14)
1 Year8.38%
3 Year13.55%
5 Year9.83%
10 Year8.25%
Morningstar (As of 1/31/15)
CategoryModerate Allocation
Overall Rating™
(Based on risk-adjusted returns)

View All Ratings

744 Funds Rated
Analyst RatingSilver
Equity
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Fixed Income
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Returns quoted are past performance and do not guarantee future results; current performance may be lower or higher. Investment returns and principal value will vary; there may be a gain or loss when shares are sold. For the most recent month-end performance click here.

Net expense ratios reflect the expense waiver, if any, Janus Capital has contractually agreed to through 2/1/16.

Client Commitment

Janus Balanced Fund’s dynamic asset allocation strategy has the flexibility to defensively position ahead of market volatility while seeking strong risk-adjusted returns. Unlike many competitor products, where asset allocations are constrained by static targets, the Fund’s asset allocations may vary between 35% and 65% equities depending on market conditions.

Client Commitment Video

Why Invest in the Fund

DYNAMIC ASSET ALLOCATION

The Fund’s Portfolio Managers make allocation decisions based on their view of overall market risk and careful examination of individual security valuations across equity and fixed income markets.

INTEGRATED RESEARCH

Janus equity and fixed income analysts work side-by-side covering the same seven global sectors, facilitating deeper analysis of a company's fundamental outlook and understanding of management's true intentions.

SEEKS CONSISTENT RESULTS

The end result is a multi-asset, core holding portfolio offering the potential for long-term capital appreciation with the flexibility to navigate uncertain and volatile markets.

Results

Equity Allocation Adapting to Market Changes
Janus Balanced Fund equity allocation in relation to market volatility (12/31/97 - 12/31/14)
The Chicago Board of Options Exchange (CBOE) Volatility Index (“VIX”) shows the market’s expectation of 30-day volatility. It is constructed using the implied volatilities of a wide range of S&P 500 index options and is a widely used measure of market risk and is often referred to as the “investor fear” gauge.

FUND MANAGEMENT

Gibson Smith

Fund Manager since 2005
Industry since 1991

Marc Pinto

Marc Pinto, CFA

Fund Manager since 2005
Industry since 1983

FUND NEWS

Fixed Income CIO Gibson Smith reveals his 2015 outlook on Bloomberg TV’s Street Smart.

MORNINGSTAR TOOLS

Go beyond ratings with our Fund vs. Fund, Portfolio Analysis and Portfolio Comparison tools powered by Morningstar.