2016 Lipper Award

Janus Balanced Fund (JABAX)

20+ Years of Dynamic Asset Allocation



Inception Date9/1/1992
NAV (As of 5/5/16)$28.40
Total Net Assets (As of 3/31/16)$13.35B
Annual Expense Ratio
(As of fiscal year end 9/30/15)
GROSS 0.83%
NET 0.83%


Distribution Yield at NAV (As of 3/31/16)

30 Day SEC Yield (As of 3/31/16)
with waivers
without waivers

Distribution FrequencyQuarterly
Performance (As of 3/31/16)
1 Year-1.83%
3 Year6.59%
5 Year7.25%
10 Year6.98%
Morningstar (As of 4/30/16)
CategoryAllocation-50% to 70% Equity
Overall Rating™
(Based on risk-adjusted returns)

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817 Funds Rated
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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.

Returns greater than one year are annualized.

Net expense ratios reflect the expense waiver, if any, Janus Capital has contractually agreed to through 2/1/17.

2016 Lipper Award Winner: Janus Balanced Fund (JANBX)

Hear Portfolio Managers Marc Pinto and Darrell Watters discuss how the Balanced Fund has continued to deliver on its client promise of delivering strong risk-adjusted returns.

2016 Balanced Lipper Award Video

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.

Why Invest in the Fund


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.


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.


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.


Equity Allocation Adapting to Market Changes
Janus Balanced Fund Equity Allocation in Relation to Market Volatility (12/31/97 - 3/31/16)
Over the last 10 years, the Janus Forty Fund delivered top-quartile risk-adjusted returns, as measured by alpha, through a high conviction stock selection process.
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. The VIX@ volatility methodology is the property of CBOE, which is not affiliated with Janus.


Marc Pinto

Marc Pinto, CFA

Fund Manager since 2005
Industry since 1985

Jeremiah Buckley

Jeremiah Buckley, CFA

Fund Manager since 2015
Industry since 1998

Darrell Watters

Darrell Watters

Fund Manager since 2015
Industry since 1986

Mayur Saigal

Mayur Saigal

Fund Manager since 2015
Industry since 2002


cnbc logo

Marc Pinto, Janus Balanced Fund Portfolio Manager, talks to CNBC about his top stock picks that could survive a market downturn.

barrons logo

Marc Pinto, Portfolio Manager of the Janus Balanced Fund, speaks with Barron's about his approach to weighting his portfolio, especially during volatile markets.


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