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 9/1/15 )$19.35
Total Net Assets (As of 7/31/15)$3.91B
Annual Expense Ratio
(As of fiscal year end 9/30/14)
GROSS 0.89%
NET 0.89%

Performance (As of 6/30/15)
1 Year-0.50%
3 Year19.05%
5 Year13.10%
10 Year8.13%
Morningstar (As of 7/31/15)
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 7/31/15. Index represents the S&P 500® Index.

TOP HOLDINGS (% of Fund)

United Continental Holdings Inc 10.21
Endo International PLC 9.30
Mallinckrodt PLC 7.84
Motorola Solutions Inc 5.15
Knowles Corp 4.65
St Joe Co 4.34
Mattel Inc 3.98
Dollar Tree Inc 3.65
Air Products & Chemicals Inc 3.25
E*TRADE Financial Corp 3.09
TOTAL55.46

CHARACTERISTICS

Number of Holdings
Equity Issues

39
Market Capitalization
Weighted Average
Median

$22.09B
$13.00B
Portfolio Turnover Ratio
(1-year trailing)

67.98%
Price/Earnings Ratio
(1-year forward)

18.86
Price/Book Ratio
(1-year forward)

3.42
Earnings Growth Rate
(1-year forward)

8.67%

MONTHLY TOP EQUITY
CONTRIBUTORS & DETRACTORS

CONTRIBUTORS
Endo International PLC
United Continental Holdings Inc
MarkWest Energy Partners LP
Mallinckrodt PLC
Indivior PLC
DETRACTORS
Colfax Corp
Mattel Inc
Wendy's Co
Herbalife Ltd
E*TRADE Financial Corp

SECTOR ALLOCATION (%)

FUND INDEX 
Health Care 20.25 15.56
 
 
Financials 15.68 16.78
 
 
Consumer Discretionary 14.13 12.94
 
 
Industrials 13.60 9.94
 
 
Information Technology 11.94 19.81
 
 
Materials 8.54 2.93
 
 
Energy 3.57 7.13
 
 
Consumer Staples 3.49 9.64
 
 
Equity Other -4.00 -
Cash & Equivalents 7.66 -
 
Restricted Cash 5.14 -
 

DEVELOPED VS. EMERGING MARKET EXPOSURE (%)

FUNDINDEX
U.S. 83.64 99.98
Non-U.S. Developed 2.65 0.02
Non-U.S. Emerging 0.91 -
Restricted Cash 5.14 -
Cash & Equivalents 7.66 -

REGIONS (%)

FUNDINDEX
North America 83.64 99.98
Europe 2.65 0.02
Asia/Pacific Ex Japan 0.91 -
Cash & Equivalents 7.66 -
Restricted Cash 5.14 -

MARKET CAPITALIZATION RANGE OF EQUITY HOLDINGS (%)

FUNDINDEX
Over $100 Billion 3.31 45.27
$10 Billion to $50 Billion 50.10 33.44
$5 Billion to $10 Billion 14.80 3.88
$1 Billion to $5 Billion 21.01 0.30
$500 Million to $1 Billion 2.14 -
N/A -4.16 -

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.