2016 Lipper Award

Janus Balanced Fund (JABAX)

20+ Years of Dynamic Asset Allocation



Inception Date9/1/1992
NAV (As of 9/28/16)$29.21
Total Net Assets (As of 8/31/16)$13.13B
Annual Expense Ratio
(As of fiscal year end 9/30/15)
GROSS 0.83%
NET 0.83%


Distribution Yield at NAV (As of 6/30/16)

30 Day SEC Yield (As of 8/31/16)
with waivers
without waivers

Distribution FrequencyQuarterly
Performance (As of 6/30/16)
1 Year-0.70%
3 Year6.25%
5 Year7.03%
10 Year7.26%
Morningstar (As of 8/31/16)
CategoryAllocation-50% to 70% Equity
Overall Rating™
(Based on risk-adjusted returns)

View All Ratings

829 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 - Q2 2016


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

The Fund’s equity sleeve underperformed its benchmark, driven largely by our holdings in the financials and consumer discretionary sectors. The Fund’s fixed income sleeve outperformed its benchmark, primarily due to our yield curve positioning in Treasurys and U.S. mortgage-backed securities, as well as security selection in investment-grade corporate credit.

Our asset allocation mix is overweight equities versus fixed income; we seek stocks with attractive valuations and growth potential regardless of the macroeconomic environment along with fixed income issuers with strong fundamentals and a commitment to balance sheet discipline.


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