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 7/1/15 )$20.68
Total Net Assets (As of 5/31/15)$4.14B
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 5/31/15)
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.

PERFORMANCE View Time Period:
As of 7/1/15As of 5/31/15As of 3/31/15As of 3/31/15
Inception: Feb 29, 2000
PRICE1 DAY
RETURN

YTD
1 YR3 YR5 YR10 YRSINCE
INCEPTION
Class T Shares 
$20.680.44%-6.34%4.70%21.49%12.93%8.88%7.66%12.71%20.78%11.90%9.32%8.09%12.71%76.20%75.47%143.80%223.17%
S&P 500® Index1.23%
(06/30/2015)
11.81%19.67%16.54%8.12%10.66%12.73%16.11%14.47%8.01%N/A12.73%56.55%96.50%116.10%N/A

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.

Net expense ratios reflect the expense waiver, if any, Janus Capital has contractually agreed to through 2/1/16.

Annual Expense Ratio: Gross: 0.89% / Net: 0.89% View Fees and Expenses

RISK STATISTICS
VS. S&P 500® Index

VIEW RISK STATISTICS DEFINITIONS

Alpha
Compares the risk-adjusted performance of a portfolio to a benchmark index.
Beta
A measure of the volatility of a portfolio in comparison to a benchmark index.
R-Squared
Represents the percentage of the portfolio’s performance that can be explained by the general movements of a benchmark index.
Standard Deviation
Measures historical volatility.
Sharpe Ratio
Measures risk-adjusted performance by dividing the portfolio’s excess returns by the standard deviation of those returns.
Information Ratio
Measure of a portfolio management’s performance against risk and return relative to a benchmark or alternative measure.
FUNDINDEX
Alpha4.85-2.90N/AN/A
Beta0.831.001.001.00
R-Squared (%)48.3674.77100.00100.00
Standard Deviation10.1514.218.4712.28
Sharpe Ratio2.110.912.321.34
Information Ratio0.24-0.51----

Statistics are for the Fund’s “parent” share class (typically that with the longest history).

MORNINGSTAR PERCENTILEView Time Period:
As of 3/31/15As of 5/31/15
1 YR3 YR5 YR10 YRSINCE
INCEPTION
Percentile Ranking (%)9310891192017467
Large Blend Category
Rank/Count
1531 / 1637146 / 14891253 / 1400127 / 116678 / 874321 / 160910 / 14531011 / 135363 / 112258 / 837

CALENDAR YEAR PERFORMANCE

GROWTH OF A $10,000 HYPOTHETICAL INVESTMENT

UP AND DOWN MARKET CAPTURE

AS OF 5/31/153 YR UP MARKET
CAPTURE
3 YR DOWN MARKET
CAPTURE
5 YR UP MARKET
CAPTURE
5 YR DOWN MARKET
CAPTURE
Janus Contrarian Fund90.23%38.67%85.63%98.42%
S&P 500® Index100.00%100.00%100.00%100.00%

Statistics are for the Fund’s “parent” share class (typically that with the longest history).

ANNUAL FEES & EXPENSES

AS OF FISCAL YEAR END 9/30/2014
CLASS T SHARES
Management Fees0.61%
12b-1 FeesN/A
Other Expenses0.28%
Total Gross Expenses0.89%
Waivers0.00%
TOTAL NET EXPENSES0.89%