Janus Flexible Bond Fund (JAFIX)

25+ Years of Fundamental Fixed Income Investing

SHARE CLASS

FUND FACTS (JAFIX)

Inception Date7/7/1987
NAV (As of 12/8/16)$10.31
Total Net Assets (As of 10/31/16)$9.75B
Annual Expense Ratio
(As of fiscal year end 6/30/16)
GROSS 0.69%
NET 0.69%

Yields

Distribution Yield at NAV (As of 11/30/16)

2.62%
30 Day SEC Yield (As of 11/30/16)
with waivers
without waivers

2.19%
2.19%
Distribution FrequencyMonthly
Performance (As of 9/30/16)
1 Year4.42%
3 Year3.62%
5 Year3.80%
10 Year5.77%
Morningstar (As of 11/30/16)
CategoryIntermediate-Term Bond
Overall Rating™
(Based on risk-adjusted returns)

View All Ratings

858 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 10/31/16. Index represents the Bloomberg Barclays U.S. Aggregate Bond Index.

TOP HOLDINGS (% of Fund)

United States Treasury Note/Bond , 1.12%, 02/28/2021 2.74
United States Treasury Note/Bond , 1.12%, 06/30/2021 2.48
United States Treasury Note/Bond , 1.75%, 12/31/2020 1.69
United States Treasury Note/Bond , 1.25%, 03/31/2021 1.55
United States Treasury Note/Bond , 1.50%, 08/15/2026 1.53
United States Treasury Note/Bond , 1.38%, 01/31/2021 1.45
United States Treasury Note/Bond , 3.00%, 05/15/2045 1.30
United States Treasury Note/Bond , 1.50%, 11/30/2019 1.15
United States Treasury Note/Bond , 3.12%, 08/15/2044 1.14
United States Treasury Note/Bond , 2.25%, 11/15/2025 1.11
TOTAL16.14

CHARACTERISTICS

Number of Holdings
Debt Issues

524
Portfolio Turnover Rate
(1-year trailing)

86.89%
Weighted Average Maturity
(years)

8.41
Effective Duration
(years)

5.31
Weighted Average Coupon3.67%

SECTOR ALLOCATION (% of Fund)

US Preferred Stock 0.91
Credit-Investment Grade 35.09
MBS 24.66
Treasuries 23.54
Credit-High Yield 4.87
Bank Loans 4.03
CMBS 3.46
ABS 2.96
Cash & Equivalents 0.48

MATURITY BREAKDOWN OF FIXED INCOME HOLDINGS  (% of Fund)

< 1 yr 5.08
1 - 3 yrs 8.52
3 - 5 yrs 27.74
5 - 7 yrs 23.15
7 - 10 yrs 24.42
10 - 20 yrs 2.02
> 20 yrs 7.68

CREDIT QUALITY OF FIXED INCOME HOLDINGS (% of Fund)

Aaa 48.72
Aa 0.16
A 6.48
Baa 33.47
Ba 7.85
B 1.68
NOT RATED 0.25

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. 94.29
Non-U.S. Developed 4.66
Non-U.S. Emerging 0.57
Cash & Equivalents 0.48

REGIONS (% of Fund)

North America 94.66
Europe 3.51
Asia/Pacific Ex Japan 1.35
Cash & Equivalents 0.48

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.