Janus Flexible Bond Fund (JAFIX)
25+ Years of Fundamental, Credit-Driven Fixed Income Investing

SHARE CLASS

FUND FACTS (JAFIX)

Inception Date7/7/1987
NAV (As of 3/26/15 )$10.64
Total Net Assets (As of 2/28/15)$9.20B
Annual Expense Ratio
(As of fiscal year end 6/30/14)
GROSS 0.70%
NET 0.70%

Yields

Distribution Yield at NAV (As of 2/28/15)

2.33%
30 Day SEC Yield (As of 2/28/15)
with waivers
without waivers

1.84%
1.84%
Distribution FrequencyMonthly
Performance (As of 12/31/14)
1 Year4.72%
3 Year4.10%
5 Year5.24%
10 Year5.68%
Morningstar (As of 2/28/15)
CategoryIntermediate-Term Bond
Overall Rating™
(Based on risk-adjusted returns)

View All Ratings

906 Funds Rated
Analyst RatingSilver
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.

PERFORMANCE View Time Period:
As of 3/26/15As of 2/28/15As of 12/31/14As of 12/31/14
Inception: Jul 7, 1987
PRICE1 DAY
RETURN

YTD
1 YR3 YR5 YR10 YRSINCE
INCEPTION
Class T Shares 
$10.64-0.37%1.40%3.99%3.75%5.13%5.83%7.17%4.72%4.10%5.24%5.68%7.16%4.72%12.81%29.10%73.83%568.56%
Barclays U.S. Aggregate Bond Index1.17%5.05%2.76%4.29%4.82%6.82%5.97%2.66%4.45%4.71%6.82%5.97%8.20%24.31%58.42%513.11%

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.

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

Annual Expense Ratio: Gross: 0.70% / Net: 0.70% View Fees and Expenses

RISK STATISTICS
VS. Barclays U.S. Aggregate Bond Index

VIEW RISK STATISTICS DEFINITIONS

Alpha
Compares the risk-adjusted performance of a portfolio to a benchmark index.
Beta
A measure of the volatility of a portfolio in comparison to a benchmark index.
R-Squared
Represents the percentage of the portfolio’s performance that can be explained by the general movements of a benchmark index.
Standard Deviation
Measures historical volatility.
Sharpe Ratio
Measures risk-adjusted performance by dividing the portfolio’s excess returns by the standard deviation of those returns.
Information Ratio
Measure of a portfolio management’s performance against risk and return relative to a benchmark or alternative measure.
FUNDINDEX
Alpha1.221.32N/AN/A
Beta0.910.881.001.00
R-Squared (%)93.2379.01100.00100.00
Standard Deviation2.752.782.932.81
Sharpe Ratio1.341.820.921.50
Information Ratio1.290.63----

Statistics are for the Fund’s “parent” share class (typically that with the longest history).

MORNINGSTAR PERCENTILEView Time Period:
As of 12/31/14As of 2/28/15
1 YR3 YR5 YR10 YRSINCE
INCEPTION
Percentile Ranking (%)683132812702735811
Intermediate-Term Bond Category
Rank/Count
721 / 1061313 / 1013306 / 95265 / 85023 / 199751 / 1066273 / 1003331 / 93760 / 82423 / 200

CALENDAR YEAR PERFORMANCE

GROWTH OF A $10,000 HYPOTHETICAL INVESTMENT

UP AND DOWN MARKET CAPTURE

AS OF 2/28/153 YR UP MARKET
CAPTURE
3 YR DOWN MARKET
CAPTURE
5 YR UP MARKET
CAPTURE
5 YR DOWN MARKET
CAPTURE
Janus Flexible Bond Fund106.97%78.76%105.97%79.34%
Barclays U.S. Aggregate Bond Index100.00%100.00%100.00%100.00%

Statistics are for the Fund’s “parent” share class (typically that with the longest history).

ANNUAL FEES & EXPENSES

AS OF FISCAL YEAR END 6/30/2014
CLASS T SHARES
Management Fees0.40%
12b-1 FeesN/A
Other Expenses0.30%
Total Gross Expenses0.70%
Waivers0.00%
TOTAL NET EXPENSES0.70%