Janus Flexible Bond Fund (JAFIX)

25+ Years of Fundamental Fixed Income Investing

SHARE CLASS

FUND FACTS (JAFIX)

Inception Date7/7/1987
NAV (As of 3/22/17)$10.30
Total Net Assets (As of 2/28/17)$9.02B
Annual Expense Ratio
(As of fiscal year end 6/30/16)
GROSS 0.69%
NET 0.69%

Yields

Distribution Yield at NAV (As of 2/28/17)

2.82%
30 Day SEC Yield (As of 2/28/17)
with waivers
without waivers

2.39%
2.39%
Distribution FrequencyMonthly
Performance (As of 12/31/16)
1 Year2.42%
3 Year2.39%
5 Year2.95%
10 Year5.33%
Morningstar (As of 2/28/17)
CategoryUS Fund Intermediate-Term Bond
Overall Rating™
(Based on risk-adjusted returns)

View All Ratings

854 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 2/28/17. Index represents the Bloomberg Barclays U.S. Aggregate Bond Index.

TOP HOLDINGS (% of Fund)

United States Treasury Note/Bond , 2.88%, 11/15/2046 4.25
US TSY INFL BOND .125 07/15/26 , 0.12%, 07/15/2026 2.66
United States Treasury Note/Bond , 1.12%, 02/28/2021 2.05
United States Treasury Note/Bond , 1.25%, 03/31/2021 1.65
United States Treasury Note/Bond , 2.00%, 11/15/2026 1.38
BellSouth LLC , 4.40%, 04/26/2017 1.03
United States Treasury Note/Bond , 3.62%, 02/15/2044 0.79
Fannie Mae Pool , 4.50%, 05/01/2044 0.69
Level 3 Financing Inc , 3.30%, 02/15/2024 0.66
TSMC Global Ltd , 1.62%, 04/03/2018 0.62
TOTAL15.78

CHARACTERISTICS

Number of Holdings
Debt Issues

530
Portfolio Turnover Rate
(1-year trailing)

97.80%
Weighted Average Maturity
(years)

8.87
Effective Duration
(years)

5.67
Weighted Average Coupon3.92%

SECTOR ALLOCATION (% of Fund)

US Preferred Stock 0.99
Credit-Investment Grade 41.22
MBS 24.62
Treasuries 11.69
Credit-High Yield 6.49
Bank Loans 5.40
ABS 3.19
CMBS 3.09
Inflation Linked 2.66
Cash & Equivalents 0.65

MATURITY BREAKDOWN OF FIXED INCOME HOLDINGS  (% of Fund)

< 1 yr 5.85
1 - 3 yrs 6.80
3 - 5 yrs 19.19
5 - 7 yrs 22.51
7 - 10 yrs 32.57
10 - 20 yrs 2.85
> 20 yrs 8.59

CREDIT QUALITY OF FIXED INCOME HOLDINGS (% of Fund)

Aaa 39.32
Aa 0.22
A 7.43
Baa 38.00
Ba 10.83
B 2.15
NOT RATED 0.41

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. 92.44
Non-U.S. Developed 6.04
Non-U.S. Emerging 0.87
Cash & Equivalents 0.65

REGIONS (% of Fund)

North America 93.05
Europe 4.87
Asia/Pacific Ex Japan 0.92
Africa/Mideast 0.26
Latin America 0.25
Cash & Equivalents 0.65

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.