Janus Flexible Bond Fund (JAFIX)

25+ Years of Fundamental Fixed Income Investing

SHARE CLASS

FUND FACTS (JAFIX)

Inception Date7/7/1987
NAV (As of 1/18/17)$10.29
Total Net Assets (As of 12/31/16)$9.15B
Annual Expense Ratio
(As of fiscal year end 6/30/16)
GROSS 0.69%
NET 0.69%

Yields

Distribution Yield at NAV (As of 12/31/16)

2.82%
30 Day SEC Yield (As of 12/31/16)
with waivers
without waivers

2.27%
2.27%
Distribution FrequencyMonthly
Performance (As of 12/31/16)
1 Year2.42%
3 Year2.39%
5 Year2.95%
10 Year5.33%
Morningstar (As of 12/31/16)
CategoryUS Fund Intermediate-Term Bond
Overall Rating™
(Based on risk-adjusted returns)

View All Ratings

869 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 12/31/16. Index represents the Bloomberg Barclays U.S. Aggregate Bond Index.

TOP HOLDINGS (% of Fund)

United States Treasury Bill , 0.00%, 03/16/2017 3.03
United States Treasury Note/Bond , 1.12%, 02/28/2021 2.86
United States Treasury Note/Bond , 1.75%, 12/31/2020 1.77
United States Treasury Note/Bond , 1.25%, 03/31/2021 1.62
US TSY INFL BOND .125 07/15/26 , 0.12%, 07/15/2026 1.54
United States Treasury Note/Bond , 1.38%, 01/31/2021 1.52
United States Treasury Bill , 0.00%, 01/12/2017 1.33
United States Treasury Note/Bond , 1.50%, 11/30/2019 1.21
BellSouth LLC , 4.40%, 04/26/2017 1.01
United States Treasury Bill , 0.00%, 11/09/2017 0.88
TOTAL16.77

CHARACTERISTICS

Number of Holdings
Debt Issues

521
Portfolio Turnover Rate
(1-year trailing)

96.50%
Weighted Average Maturity
(years)

7.12
Effective Duration
(years)

4.50
Weighted Average Coupon3.83%

SECTOR ALLOCATION (% of Fund)

US Preferred Stock 0.95
Credit-Investment Grade 37.20
MBS 24.53
Treasuries 18.28
Credit-High Yield 5.39
Bank Loans 5.13
CMBS 3.57
ABS 3.18
Inflation Linked 1.54
Cash & Equivalents 0.23

MATURITY BREAKDOWN OF FIXED INCOME HOLDINGS  (% of Fund)

< 1 yr 11.58
1 - 3 yrs 9.31
3 - 5 yrs 23.92
5 - 7 yrs 21.45
7 - 10 yrs 26.67
10 - 20 yrs 1.89
> 20 yrs 4.00

CREDIT QUALITY OF FIXED INCOME HOLDINGS (% of Fund)

Aaa 44.95
Aa 0.22
A 7.15
Baa 34.98
Ba 9.64
B 1.71
NOT RATED 0.17

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. 93.75
Non-U.S. Developed 5.41
Non-U.S. Emerging 0.61
Cash & Equivalents 0.23

REGIONS (% of Fund)

North America 94.14
Europe 4.08
Asia/Pacific Ex Japan 1.55
Cash & Equivalents 0.23

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.