2015 Lipper Award

Janus Contrarian Fund (JSVAX)

Investing Opportunistically in Non-Consensus Equity Ideas

SHARE CLASS

FUND FACTS (JSVAX)

Inception Date2/29/2000
NAV (As of 5/21/15 )$21.50
Total Net Assets (As of 4/30/15)$4.28B
Annual Expense Ratio
(As of fiscal year end 9/30/14)
GROSS 0.89%
NET 0.89%

Performance (As of 3/31/15)
1 Year12.71%
3 Year20.78%
5 Year11.90%
10 Year9.32%
Morningstar (As of 4/30/15)
CategoryLarge Blend
Equity
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.

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. Index represents the S&P 500® Index.

TOP HOLDINGS (% of Fund)

Endo International PLC 8.77
United Continental Holdings Inc 8.12
Mallinckrodt PLC 6.63
Air Products & Chemicals Inc 4.97
Motorola Solutions Inc 4.68
St Joe Co 4.26
Mattel Inc 3.94
Knowles Corp 3.72
General Electric Co 3.47
E*TRADE Financial Corp 3.30
TOTAL51.86

CHARACTERISTICS

Number of Holdings
Equity Issues

43
Market Capitalization
Weighted Average
Median

$39.55B
$13.13B
Portfolio Turnover Ratio
(1-year trailing)

64.55%
Price/Earnings Ratio
(1-year forward)

18.22
Price/Book Ratio
(1-year forward)

3.94
Earnings Growth Rate
(1-year forward)

3.99%

MONTHLY TOP EQUITY
CONTRIBUTORS & DETRACTORS

CONTRIBUTORS
Microsoft Corp
Indivior PLC
Blackhawk Network Holdings Inc
Ball Corp
Rayonier Advanced Materials Inc
DETRACTORS
United Continental Holdings Inc
Mallinckrodt PLC
Motorola Solutions Inc
Endo International PLC
Lands' End Inc

SECTOR ALLOCATION (%)

FUND INDEX 
Health Care 18.55 14.60
 
 
Consumer Discretionary 16.81 12.47
 
 
Industrials 15.03 10.27
 
 
Financials 14.66 16.14
 
 
Information Technology 14.54 19.96
 
 
Materials 10.42 3.22
 
 
Energy 5.37 8.49
 
 
Consumer Staples 4.21 9.51
 
 
Cash & Equivalents 0.36 -
 
Restricted Cash 0.05 -
 

DEVELOPED VS. EMERGING MARKET EXPOSURE (%)

FUNDINDEX
U.S. 96.43 99.97
Non-U.S. Emerging 1.76 -
Non-U.S. Developed 1.40 0.03
Restricted Cash 0.05 -
Cash & Equivalents 0.36 -

REGIONS (%)

FUNDINDEX
North America 96.43 99.97
Asia/Pacific Ex Japan 1.76 -
Europe 1.40 0.03
Cash & Equivalents 0.36 -
Restricted Cash 0.05 -

MARKET CAPITALIZATION RANGE OF EQUITY HOLDINGS (%)

FUNDINDEX
Over $100 Billion 11.08 43.40
$10 Billion to $50 Billion 52.10 34.15
$5 Billion to $10 Billion 15.12 3.65
$1 Billion to $5 Billion 18.07 0.40
$500 Million to $1 Billion 2.71 -
Under $100 Million 0.55 -
N/A 0.37 -

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.