Janus Balanced Fund (JBALX)

20+ Years of Dynamic Asset Allocation

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FUND FACTS (JBALX)

Inception Date9/1/1992
NAV (As of 4/27/17)$31.09
Total Net Assets (As of 3/31/17)$12.92B
Annual Expense Ratio
(As of fiscal year end 9/30/16)
GROSS 0.67%
NET 0.67%

Morningstar Fee Level
(As of 3/31/17)
Fee Level Group
(out of 166 funds)
Moderate Allocation Institutional

Yields

Distribution Yield at NAV (As of 3/31/17)

2.12%
30 Day SEC Yield (As of 3/31/17)
with waivers
without waivers

1.92%
1.92%
Distribution FrequencyQuarterly
Performance (As of 3/31/17)
1 Year10.77%
3 Year5.80%
5 Year8.22%
10 Year7.23%
Morningstar (As of 3/31/17)
CategoryUS Funds Allocation-50% to 70% Equity
Overall Rating™
(Based on risk-adjusted returns)

View All Ratings

721 Funds Rated
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.

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.

Data as of 3/31/17. Index represents the S&P 500® Index.

TOP HOLDINGS (% of Fund)

Microsoft Corp 3.20
Boeing Co 2.79
Mastercard Inc 2.66
Altria Group Inc 2.39
Amgen Inc 2.34
Alphabet Inc 2.08
LyondellBasell Industries NV 2.07
Costco Wholesale Corp 1.88
Adobe Systems Inc 1.85
CME Group Inc 1.83
TOTAL23.09

DEVELOPED VS. EMERGING MARKET EXPOSURE (% of Fund)

U.S. 96.78
Non-U.S. Developed 2.46
Non-U.S. Emerging 0.34
Cash & Equivalents 0.42

COUNTRIES (% of Fund)

FUND
United States 96.78
Canada 0.53
Belgium 0.45
Netherlands 0.37
United Kingdom 0.32
Taiwan, Province Of China 0.24
Switzerland 0.19
Ireland 0.19
France 0.16
Israel 0.10
Brazil 0.10
Germany 0.09
Italy 0.05
Luxembourg 0.01
Cash & Equivalents 0.42

MONTHLY TOP EQUITY
CONTRIBUTORS & DETRACTORS

CONTRIBUTORS
Adobe Systems Inc
Microsoft Corp
Apple Inc
Priceline Group Inc
Mastercard Inc
DETRACTORS
Amgen Inc
Costco Wholesale Corp
Altria Group Inc
Synchrony Financial
Morgan Stanley

SECTOR ALLOCATION (% of Fund)

Equity63.78%
Information Technology13.47%
Consumer Discretionary12.47%
Industrials8.60%
Financials8.43%
Consumer Staples7.56%
Health Care7.11%
Real Estate3.32%
Materials2.37%
Energy0.29%
Equity Other0.16%
Fixed Income35.80%
Credit-Investment Grade14.94%
MBS9.20%
Treasuries4.49%
Credit-High Yield2.64%
Bank Loans2.00%
ABS1.38%
CMBS1.15%
Cash & Equivalents0.42%

MARKET CAPITALIZATION RANGE OF EQUITY HOLDINGS (% of Fund)

Over $100 Billion 23.19
$50 Billion to $100 Billion 19.05
$10 Billion to $50 Billion 17.89
$5 Billion to $10 Billion 1.65
$1 Billion to $5 Billion 1.62
N/A 0.38

REGIONS (% of Fund)

North America 97.32
Europe 1.82
Asia/Pacific Ex Japan 0.24
Africa/Mideast 0.10
Latin America 0.10
Cash & Equivalents 0.42

CHARACTERISTICS

Number of Holdings
Equity Issues
Debt Issues

62
498
Market Capitalization
Weighted Average
Median

$131.56B
$85.09B
Portfolio Turnover Rate
(1-year trailing)

68.69%
Price/Earnings Ratio
(1-year forward)

19.76
Price/Book Ratio
(1-year forward)

6.16
Earning Growth Rate
(1-year forward)

10.32%
Weighted Average Maturity
(years)

8.85
Effective Duration
(years)

5.71
Weighted Average Coupon4.01%

MATURITY BREAKDOWN OF FIXED INCOME HOLDINGS  (% of Fund)

< 1 yr 1.95
1 - 3 yrs 3.25
3 - 5 yrs 5.06
5 - 7 yrs 10.09
7 - 10 yrs 11.48
10 - 20 yrs 0.88
> 20 yrs 3.09

CREDIT QUALITY OF FIXED INCOME HOLDINGS (% of Fund)

Aaa 13.81
Aa 0.08
A 2.25
Baa 14.50
Ba 4.12
B 0.87
NOT RATED 0.17

Bond credit quality ratings provided by Barclays and reflect the middle rating received from Moody's, Standard & Poor's and Fitch, where all three agencies have provided a rating. If only two agencies rate a security, the lowest rating is used. If only one agency rates a security, that rating is used. Ratings are measured on a scale that ranges from Aaa (highest) to D (lowest).

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.