2015 Lipper Award

Janus Balanced Fund (JABAX)

20+ Years of Dynamic Asset Allocation

SHARE CLASS

FUND FACTS (JABAX)

Inception Date9/1/1992
NAV (As of 5/22/15 )$31.33
Total Net Assets (As of 4/30/15)$13.17B
Annual Expense Ratio
(As of fiscal year end 9/30/14)
GROSS 0.83%
NET 0.83%

Yields

Distribution Yield at NAV (As of 3/31/15)

1.81%
30 Day SEC Yield (As of 4/30/15)
with waivers
without waivers

1.49%
1.49%
Distribution FrequencyQuarterly
Performance (As of 3/31/15)
1 Year8.57%
3 Year10.71%
5 Year9.40%
10 Year8.58%
Morningstar (As of 4/30/15)
CategoryModerate Allocation
Overall Rating™
(Based on risk-adjusted returns)

View All Ratings

792 Funds Rated
Analyst RatingSilver
Equity
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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.

Net expense ratios reflect the expense waiver, if any, Janus Capital has contractually agreed to through 2/1/16.

Data as of 4/30/15. 

TOP HOLDINGS (% of Fund)

Apple Inc 3.10
MasterCard Inc 2.49
United States Treasury Note/Bond , 1.38%, 09/30/2018 2.17
Blackstone Group LP 2.14
United States Treasury Note/Bond , 0.38%, 05/31/2016 2.10
Microsoft Corp 1.99
EI du Pont de Nemours & Co 1.91
AbbVie Inc 1.85
United States Treasury Note/Bond , 0.50%, 01/31/2017 1.76
United States Treasury Note/Bond , 2.25%, 11/15/2024 1.72
TOTAL21.23

DEVELOPED VS. EMERGING MARKET EXPOSURE (% of Fund)

U.S. 95.40
Non-U.S. Developed 3.47
Non-U.S. Emerging 0.52
Cash & Equivalents 0.61

COUNTRIES (% of Fund)

United States 95.40
United Kingdom 2.09
Germany 0.41
Singapore 0.30
China 0.28
Netherlands 0.25
Taiwan, Province Of China 0.24
Spain 0.24
Italy 0.09
Japan 0.07
Australia 0.02
Cash & Equivalents 0.61

MONTHLY TOP EQUITY
CONTRIBUTORS & DETRACTORS

CONTRIBUTORS
Microsoft Corp
LyondellBasell Industries NV
AbbVie Inc
Blackstone Group LP
MasterCard Inc
DETRACTORS
United Continental Holdings Inc
Home Depot Inc
Endo International PLC
TE Connectivity Ltd
Actavis plc

SECTOR ALLOCATION (% of Fund)

Equity56.32%
Information Technology11.27%
Health Care11.24%
Consumer Discretionary8.87%
Financials8.56%
Industrials7.01%
Materials3.57%
Energy2.99%
Consumer Staples2.55%
Telecommunication Services0.18%
Equity Other0.08%
Fixed Income43.07%
US Treasury17.33%
US Industrials9.21%
MBS6.50%
US Finance4.95%
CMBS1.55%
Non-US Finance1.21%
Non-US Industrials1.19%
ABS0.94%
US Utilities0.19%

MARKET CAPITALIZATION RANGE OF EQUITY HOLDINGS (% of Fund)

Over $100 Billion 36.76
$50 Billion to $100 Billion 32.43
$10 Billion to $50 Billion 26.93
$5 Billion to $10 Billion 1.46
$1 Billion to $5 Billion 1.21
$500 Million to $1 Billion 0.03
N/A 1.18

REGIONS (% of Fund)

North America 95.40
Europe 3.08
Asia/Pacific Ex Japan 0.84
Japan 0.07
Cash & Equivalents 0.61

CHARACTERISTICS

Number of Holdings
Equity Issues
Debt Issues

67
375
Market Capitalization
Weighted Average
Median

$133.43B
$78.89B
Portfolio Turnover Rate
(1-year trailing)

80.98%
Price/Earnings Ratio
(1-year forward)

18.94
Price/Book Ratio
(1-year forward)

5.93
Earning Growth Rate
(1-year forward)

8.56%
Weighted Average Maturity
(years)

8.12
Effective Duration
(years)

5.19
Weighted Average Coupon3.40%

MATURITY BREAKDOWN OF FIXED INCOME HOLDINGS  (% of Fund)

< 1 yr 2.07
1 - 3 yrs 7.21
3 - 5 yrs 11.29
5 - 7 yrs 5.90
7 - 10 yrs 12.99
10 - 20 yrs 0.58
> 20 yrs 3.03
N/A 0.03

S&P QUALITY RATING OF FIXED INCOME HOLDINGS (% of Fund)

AAA 0.06
AA 23.84
A 2.11
BBB 10.72
BB 5.28
B 0.47
NOT RATED 0.59

Bond ratings provided by Standard & Poor's. Not rated securities are not rated by S&P but may be rated by other rating agencies.

Equity country, regional, sector and industry weights based on MSCI and GICS classifications. Fixed income country, regional, sector and industry weights based on Barclays classifications.