Janus Flexible Bond Fund (JAFIX)

25+ Years of Fundamental Fixed Income Investing



Inception Date7/7/1987
NAV (As of 7/2/15 )$10.46
Total Net Assets (As of 5/31/15)$9.80B
Annual Expense Ratio
(As of fiscal year end 6/30/14)
GROSS 0.70%
NET 0.70%


Distribution Yield at NAV (As of 6/30/15)

30 Day SEC Yield (As of 5/31/15)
with waivers
without waivers

Distribution FrequencyMonthly
Performance (As of 6/30/15)
1 Year1.12%
3 Year2.69%
5 Year4.30%
10 Year5.54%
Morningstar (As of 5/31/15)
CategoryIntermediate-Term Bond
Overall Rating™
(Based on risk-adjusted returns)

View All Ratings

930 Funds Rated
Analyst Rating
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.

Net expense ratios reflect the expense waiver, if any, Janus Capital has contractually agreed to through 11/1/15.

Quarterly Commentary - Q1 2015


The Fund outperformed its benchmark in the first quarter.

Outperformance was driven by our MBS exposure as well as by our longer duration.

We remain defensively positioned given our expectation for continued volatility in the fixed income market.

We are keeping the Treasury allocation generally aligned with the bench mark while our credit exposure, though still overweight, is at its lowest since the 2008 crisis.


Gibson Smith

Fund Manager since 2007
Industry since 1991

Darrell Watters

Fund Manager since 2007
Industry since 1986