Janus Flexible Bond Fund (JAFIX)

25+ Years of Fundamental Fixed Income Investing



Inception Date7/7/1987
NAV (As of 5/27/16)$10.47
Total Net Assets (As of 4/30/16)$9.32B
Annual Expense Ratio
(As of fiscal year end 6/30/15)
GROSS 0.69%
NET 0.69%


Distribution Yield at NAV (As of 4/30/16)

30 Day SEC Yield (As of 4/30/16)
with waivers
without waivers

Distribution FrequencyMonthly
Performance (As of 3/31/16)
1 Year0.46%
3 Year2.11%
5 Year3.95%
10 Year5.80%
Morningstar (As of 4/30/16)
CategoryIntermediate-Term Bond
Overall Rating™
(Based on risk-adjusted returns)

View All Ratings

958 Funds Rated
Fixed Income
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.

Returns greater than one year are annualized.

Net expense ratios reflect the expense waiver, if any, Janus Capital has contractually agreed to through 11/1/16.

Quarterly Commentary - Q1 2016


The Fund underperformed its benchmark in the first quarter.

Positioning in corporate credit and structured products weighed on relative performance, while Treasury positioning contributed.

As we appear to be in the later stages of the economic and credit cycles, we expect volatility to remain elevated. We maintain our defensive posture in the face of global market uncertainties and weak corporate credit fundamentals.


Darrell Watters

Darrell Watters

Fund Manager since 2007
Industry since 1986

Mayur Saigal

Mayur Saigal

Fund Manager since 2015
Industry since 2002

Micheal Keough

Michael Keough

Fund Manager since 2015
Industry since 2006