2016 Lipper Award

Janus Balanced Fund (JABAX)

20+ Years of Dynamic Asset Allocation


Janus & Henderson: Recommended Merger of Equals. To learn more read the press release.


Inception Date9/1/1992
NAV (As of 10/26/16)$28.96
Total Net Assets (As of 9/30/16)$12.92B
Annual Expense Ratio
(As of fiscal year end 9/30/15)
GROSS 0.83%
NET 0.83%


Distribution Yield at NAV (As of 9/30/16)

30 Day SEC Yield (As of 9/30/16)
with waivers
without waivers

Distribution FrequencyQuarterly
Performance (As of 9/30/16)
1 Year5.92%
3 Year5.63%
5 Year10.04%
10 Year7.04%
Morningstar (As of 9/30/16)
CategoryAllocation-50% to 70% Equity
Overall Rating™
(Based on risk-adjusted returns)

View All Ratings

826 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.

Quarterly Commentary - Q3 2016


The Fund underperformed the Balanced Index during the third quarter of 2016.

The equity sleeve underperformed its benchmark, driven largely by our holdings in the consumer staples and health care sectors. Outperformance in the fixed income sleeve was led by our investment-grade and highyield corporate credit positioning.

Our asset allocation remains overweight equities versus fixed income; given uncertainties in the outlook for the global economy, we have increased emphasis on companies with less potential for volatility in their earnings results. In fixed income, our corporate credit positioning remains defensive, due to concerns around tight valuations and the subdued outlook for earnings.


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