Janus Enterprise Fund (JAENX)
Moderate Mid-Cap Growth Equities

SHARE CLASS

FUND FACTS (JAENX)

Inception Date9/1/1992
NAV (As of 2/27/15 )$91.41
Total Net Assets (As of 1/31/15)$3.97B
Annual Expense Ratio
(As of fiscal year end 9/30/14)
GROSS 0.92%
NET 0.92%

Performance (As of 12/31/14)
1 Year11.92%
3 Year19.80%
5 Year16.25%
10 Year10.24%
Morningstar (As of 1/31/15)
CategoryMid-Cap Growth
Overall Rating™
(Based on risk-adjusted returns)

View All Ratings

647 Funds Rated
Analyst RatingBronze
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.

Quarterly Commentary - Q4 2014

EXECUTIVE SUMMARY

Mid-cap equities climbed higher but were volatile during the period.

The Fund outperformed its benchmark this quarter. Relative outperformance was driven largely by stock selection in the energy and technology sectors.

Heading into the new year, we think a strengthening economy and subdued inflation are a favorable investment backdrop for equities.

FUND MANAGEMENT

Brian Demain, CFA

Fund Manager since 2007
Industry since 1999