Janus Flexible Bond Fund (JFLEX)

25+ Years of Fundamental Fixed Income Investing

SHARE CLASS

FUND FACTS (JFLEX)

Inception Date7/7/1987
NAV (As of 4/27/17)$10.36
Total Net Assets (As of 3/31/17)$8.74B
Annual Expense Ratio
(As of fiscal year end 6/30/16)
GROSS 0.56%
NET 0.56%

Yields

Distribution Yield at NAV (As of 3/31/17)

3.34%
30 Day SEC Yield (As of 3/31/17)
with waivers
without waivers

2.62%
2.62%
Distribution FrequencyMonthly
Performance (As of 3/31/17)
1 Year1.35%
3 Year2.21%
5 Year2.85%
10 Year5.28%
Morningstar (As of 3/31/17)
CategoryUS Fund Intermediate-Term Bond
Overall Rating™
(Based on risk-adjusted returns)

View All Ratings

851 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 11/1/17.

Data as of 3/31/17. Index represents the Bloomberg Barclays U.S. Aggregate Bond Index.

TOP HOLDINGS (% of Fund)

United States Treasury Note/Bond , 2.88%, 11/15/2046 3.56
United States Treasury Note/Bond , 2.00%, 11/15/2026 3.35
United States Treasury Note/Bond , 1.12%, 02/28/2021 1.75
United States Treasury Note/Bond , 1.25%, 03/31/2021 1.69
United States Treasury Note/Bond , 2.25%, 02/15/2027 1.57
United States Treasury Note/Bond , 2.12%, 02/29/2024 1.08
BellSouth LLC , 4.40%, 04/26/2017 1.06
United States Treasury Note/Bond , 3.62%, 02/15/2044 0.81
United States Treasury Note/Bond , 1.12%, 02/28/2019 0.77
Fannie Mae Pool , 4.50%, 05/01/2044 0.70
TOTAL16.34

CHARACTERISTICS

Number of Holdings
Debt Issues

520
Portfolio Turnover Rate
(1-year trailing)

94.93%
Weighted Average Maturity
(years)

8.72
Effective Duration
(years)

5.64
Weighted Average Coupon3.92%

SECTOR ALLOCATION (% of Fund)

US Preferred Stock 1.01
Credit-Investment Grade 38.29
MBS 24.96
Treasuries 16.70
Credit-High Yield 7.13
Bank Loans 5.22
ABS 3.28
CMBS 2.91
Cash & Equivalents 0.50

MATURITY BREAKDOWN OF FIXED INCOME HOLDINGS  (% of Fund)

< 1 yr 4.57
1 - 3 yrs 8.30
3 - 5 yrs 16.94
5 - 7 yrs 27.50
7 - 10 yrs 31.62
10 - 20 yrs 1.77
> 20 yrs 7.79

CREDIT QUALITY OF FIXED INCOME HOLDINGS (% of Fund)

Aaa 42.02
Aa 0.23
A 5.59
Baa 36.99
Ba 11.02
B 2.22
NOT RATED 0.42

Bond credit quality ratings provided by Barclays and reflect the middle rating received from Moody's, Standard & Poor's and Fitch, where all three agencies have provided a rating. If only two agencies rate a security, the lowest rating is used. If only one agency rates a security, that rating is used. Ratings are measured on a scale that ranges from Aaa (highest) to D (lowest).

DEVELOPED VS. EMERGING MARKET EXPOSURE (% of Fund)

U.S. 92.85
Non-U.S. Developed 5.75
Non-U.S. Emerging 0.90
Cash & Equivalents 0.50

REGIONS (% of Fund)

North America 93.48
Europe 4.55
Asia/Pacific Ex Japan 0.95
Africa/Mideast 0.26
Latin America 0.26
Cash & Equivalents 0.50

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.