2015 Lipper Award

Janus Balanced Fund (JABAX)

20+ Years of Dynamic Asset Allocation



Inception Date9/1/1992
NAV (As of 10/2/15 )$29.55
Total Net Assets (As of 8/31/15)$12.81B
Annual Expense Ratio
(As of fiscal year end 9/30/14)
GROSS 0.83%
NET 0.83%


Distribution Yield at NAV (As of 9/30/15)

30 Day SEC Yield (As of 8/31/15)
with waivers
without waivers

Distribution FrequencyQuarterly
Performance (As of 9/30/15)
1 Year-0.46%
3 Year8.01%
5 Year8.17%
10 Year7.43%
Morningstar (As of 8/31/15)
CategoryModerate Allocation
Overall Rating™
(Based on risk-adjusted returns)

View All Ratings

822 Funds Rated
Analyst Rating
Style Box
Fixed Income
Style Box

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 2/1/16.

Quarterly Commentary - Q2 2015


The Fund’s equity sleeve underperformed its benchmark, the S&P 500 Index, due in part to our industrials and consumer discretionary holdings.

Our fixed income sleeve outperformed its benchmark, the U.S. Aggregate Bond Index.

We see the economy as conducive for incremental gains in equities, while we are mindful of numerous risk factors that could weigh on bonds.

Our asset allocation mix remains largely unchanged; we favor stocks whose valuations have not become stretched and have moved into higher quality fixed income securities.


Gibson Smith

Gibson Smith

Fund Manager since 2005
Industry since 1991

Marc Pinto

Marc Pinto, CFA

Fund Manager since 2005
Industry since 1985