Janus Forty Fund (JACTX)
High-Conviction Large-Cap Growth Equities

SHARE CLASS

FUND FACTS (JACTX)

Inception Date5/1/1997
NAV (As of 4/1/15 )$31.73
Total Net Assets (As of 2/28/15)$2.47B
Annual Expense Ratio
(As of fiscal year end 9/30/14)
GROSS 0.77%
NET 0.77%

Performance (As of 3/31/15)
1 Year20.21%
3 Year16.89%
5 Year12.70%
10 Year10.10%
Morningstar (As of 2/28/15)
CategoryLarge Growth
Equity
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 2/1/16.

Data as of 2/28/15. Index represents the Russell 1000® Growth Index.

TOP HOLDINGS (% of Fund)

Endo International PLC 5.02
Lowe's Cos., Inc. 4.92
Valeant Pharmaceuticals International, Inc. (U.S. Shares) 3.94
Salesforce.com, Inc. 3.74
Delphi Automotive PLC 3.74
TOTAL21.36

CHARACTERISTICS

Number of Holdings
Equity Issues

40
Market Capitalization
Weighted Average
Median

$89.24B
$43.78B
Portfolio Turnover Ratio
(1-year trailing)

37.05%
Price/Earnings Ratio
(1-year forward)

26.92
Price/Book Ratio
(1-year forward)

7.46
Earnings Growth Rate
(1-year forward)

15.00%

MONTHLY TOP EQUITY
CONTRIBUTORS & DETRACTORS

CONTRIBUTORS
Valeant Pharmaceuticals International, Inc. (U.S. Shares)
Salesforce.com, Inc.
Priceline Group, Inc.
Delphi Automotive PLC
Lowe's Cos., Inc.
DETRACTORS
Alibaba Group Holding, Ltd. (ADR)
athenahealth, Inc.
United Continental Holdings, Inc.
NetSuite, Inc.
Crown Castle International Corp.

SECTOR ALLOCATION (%)

FUND INDEX 
Information Technology 25.25 28.69
 
 
Consumer Discretionary 23.27 18.81
 
 
Health Care 19.81 14.27
 
 
Financials 11.45 5.16
 
 
Industrials 9.52 11.82
 
 
Materials 4.29 4.02
 
 
Telecommunication Services 1.32 2.17
 
 
Energy 0.81 4.39
 
 
Cash & Equivalents 4.28 -
 

DEVELOPED VS. EMERGING MARKET EXPOSURE (%)

FUNDINDEX
U.S. 83.30 99.77
Non-U.S. Developed 8.45 0.18
Non-U.S. Emerging 3.97 0.04
Cash & Equivalents 4.28 -

REGIONS (%)

FUNDINDEX
North America 89.98 99.95
Asia/Pacific Ex Japan 3.97 0.00
Europe 1.77 0.01
Cash & Equivalents 4.28 -

MARKET CAPITALIZATION RANGE OF EQUITY HOLDINGS (%)

FUNDINDEX
Over $100 Billion 19.55 38.65
$50 Billion to $100 Billion 24.09 17.05
$10 Billion to $50 Billion 50.72 32.78
$5 Billion to $10 Billion 4.80 8.44
$1 Billion to $5 Billion 0.84 3.09

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.