2016 Lipper Award

Janus Balanced Fund (JABAX)

20+ Years of Dynamic Asset Allocation



Inception Date9/1/1992
NAV (As of 2/24/17)$30.89
Total Net Assets (As of 1/31/17)$12.80B
Annual Expense Ratio
(As of fiscal year end 9/30/16)
GROSS 0.84%
NET 0.84%


Distribution Yield at NAV (As of 12/31/16)

30 Day SEC Yield (As of 1/31/17)
with waivers
without waivers

Distribution FrequencyQuarterly
Performance (As of 12/31/16)
1 Year4.43%
3 Year4.38%
5 Year8.97%
10 Year6.89%
Morningstar (As of 1/31/17)
CategoryUS Funds Allocation-50% to 70% Equity
Overall Rating™
(Based on risk-adjusted returns)

View All Ratings

722 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 2/1/18.

Quarterly Commentary - Q4 2016


The Fund outperformed the Balanced Index during the fourth quarter of 2016.

The equity sleeve outperformed its benchmark, driven largely by strong stock selection in the consumer sectors, as well as industrials. Outperformance in the fixed income sleeve was led by our positioning in investment-grade corporate credit.

Our asset allocation remains overweight equities versus fixed income. We are optimistic for equities with a pro-business administration taking office and cautious on fixed income in the face of rising rates.


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