2016 Lipper Award

Janus Balanced Fund (JABAX)

20+ Years of Dynamic Asset Allocation

SHARE CLASS

FUND FACTS (JABAX)

Inception Date9/1/1992
NAV (As of 9/26/16)$29.07
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%

Yields

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

1.71%
30 Day SEC Yield (As of 8/31/16)
with waivers
without waivers

1.57%
1.57%
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
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 2/1/17.

Data as of 8/31/16. 

TOP HOLDINGS (% of Fund)

Microsoft Corp 3.09
MasterCard Inc 2.72
Amgen Inc 2.69
Alphabet Inc 2.56
Altria Group Inc 2.45
Boeing Co 2.40
NIKE Inc 2.29
Costco Wholesale Corp 2.01
Bristol-Myers Squibb Co 1.98
Apple Inc 1.92
TOTAL24.11

DEVELOPED VS. EMERGING MARKET EXPOSURE (% of Fund)

U.S. 97.65
Non-U.S. Developed 1.72
Non-U.S. Emerging 0.24
Cash & Equivalents 0.39

COUNTRIES (% of Fund)

FUND
United States 97.65
Belgium 0.55
United Kingdom 0.41
Taiwan, Province Of China 0.24
Israel 0.19
Netherlands 0.18
Canada 0.16
Singapore 0.09
Germany 0.05
Switzerland 0.05
Luxembourg 0.04
Cash & Equivalents 0.39

MONTHLY TOP EQUITY
CONTRIBUTORS & DETRACTORS

CONTRIBUTORS
LyondellBasell Industries NV
NIKE Inc
Morgan Stanley
CME Group Inc
Priceline Group Inc
DETRACTORS
Bristol-Myers Squibb Co
Dollar Tree Inc
Norwegian Cruise Line Holdings Ltd
Hershey Co
Altria Group Inc

SECTOR ALLOCATION (% of Fund)

Equity63.46%
Information Technology13.10%
Consumer Discretionary12.89%
Financials10.29%
Health Care9.44%
Industrials8.31%
Consumer Staples7.07%
Materials2.20%
Equity Other0.16%
Fixed Income36.15%
Credit-Investment Grade14.92%
MBS10.39%
Treasuries4.96%
Credit-High Yield1.99%
CMBS1.49%
ABS1.37%
Bank Loans1.03%
Cash & Equivalents0.39%

MARKET CAPITALIZATION RANGE OF EQUITY HOLDINGS (% of Fund)

Over $100 Billion 22.53
$50 Billion to $100 Billion 20.86
$10 Billion to $50 Billion 17.09
$5 Billion to $10 Billion 0.61
$1 Billion to $5 Billion 1.55
N/A 0.82

REGIONS (% of Fund)

North America 97.81
Europe 1.28
Asia/Pacific Ex Japan 0.33
Africa/Mideast 0.19
Cash & Equivalents 0.39

CHARACTERISTICS

Number of Holdings
Equity Issues
Debt Issues

59
481
Market Capitalization
Weighted Average
Median

$129.51B
$81.02B
Portfolio Turnover Rate
(1-year trailing)

74.33%
Price/Earnings Ratio
(1-year forward)

19.50
Price/Book Ratio
(1-year forward)

5.80
Earning Growth Rate
(1-year forward)

8.70%
Weighted Average Maturity
(years)

8.86
Effective Duration
(years)

5.36
Weighted Average Coupon4.07%

MATURITY BREAKDOWN OF FIXED INCOME HOLDINGS  (% of Fund)

< 1 yr 2.14
1 - 3 yrs 2.90
3 - 5 yrs 6.80
5 - 7 yrs 10.19
7 - 10 yrs 10.40
10 - 20 yrs 0.91
> 20 yrs 2.81

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

AAA 0.06
AA 15.48
A 2.98
BBB 14.07
BB 2.64
B 0.41
NOT RATED 0.51

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

MOODY'S QUALITY RATING OF FIXED INCOME HOLDINGS (% of Fund)

Aaa 15.46
Aa 0.04
A 2.74
Baa 11.38
Ba 3.91
B 0.35
NOT RATED 2.27

Bond ratings provided by Moody's Investors Service. Not rated securities are not rated by Moody's 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.