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 4/1/15 )$22.16
Total Net Assets (As of 2/28/15)$4.59B
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 2/28/15)
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 2/28/15. Index represents the S&P 500® Index.

TOP HOLDINGS (% of Fund)

Endo International PLC 8.33
United Continental Holdings, Inc. 8.15
Mallinckrodt PLC 6.38
Motorola Solutions, Inc. 4.96
Air Products & Chemicals, Inc. 4.17
St Joe Co. 3.87
Knowles Corp. 3.19
Citigroup, Inc. 3.18
Dollar Tree, Inc. 3.18
Microsoft Corp. 2.60
TOTAL48.01

CHARACTERISTICS

Number of Holdings
Equity Issues

49
Market Capitalization
Weighted Average
Median

$35.57B
$13.57B
Portfolio Turnover Ratio
(1-year trailing)

59.86%
Price/Earnings Ratio
(1-year forward)

18.66
Price/Book Ratio
(1-year forward)

3.77
Earnings Growth Rate
(1-year forward)

8.51%

MONTHLY TOP EQUITY
CONTRIBUTORS & DETRACTORS

CONTRIBUTORS
Mallinckrodt PLC
Endo International PLC
Motorola Solutions, Inc.
Citigroup, Inc.
Colfax Corp.
DETRACTORS
United Continental Holdings, Inc.
Knowles Corp.
NOW, Inc.
Tableau Software, Inc. - Class A
Alibaba Group Holding, Ltd. (ADR)

SECTOR ALLOCATION (%)

FUND INDEX 
Health Care 17.24 14.75
 
 
Consumer Discretionary 15.88 12.45
 
 
Information Technology 15.33 19.92
 
 
Industrials 14.47 10.31
 
 
Financials 13.69 16.01
 
 
Materials 10.25 3.28
 
 
Energy 6.08 8.14
 
 
Consumer Staples 5.08 9.80
 
 
Cash & Equivalents 1.93 -
 
Restricted Cash 0.04 -
 

DEVELOPED VS. EMERGING MARKET EXPOSURE (%)

FUNDINDEX
U.S. 95.32 99.97
Non-U.S. Emerging 2.31 -
Non-U.S. Developed 0.40 0.03
Restricted Cash 0.04 -
Cash & Equivalents 1.93 -

REGIONS (%)

FUNDINDEX
North America 95.32 99.97
Asia/Pacific Ex Japan 2.31 -
Europe 0.40 0.03
Cash & Equivalents 1.93 -
Restricted Cash 0.04 -

MARKET CAPITALIZATION RANGE OF EQUITY HOLDINGS (%)

FUNDINDEX
Over $100 Billion 9.97 44.42
$50 Billion to $100 Billion 0.99 17.46
$10 Billion to $50 Billion 50.83 33.84
$5 Billion to $10 Billion 12.96 3.76
$1 Billion to $5 Billion 22.43 0.52
$500 Million to $1 Billion 1.41 -
N/A 1.41 -

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.