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

SHARE CLASS

FUND FACTS (JACTX)

Inception Date5/1/1997
NAV (As of 4/20/15 )$32.11
Total Net Assets (As of 3/31/15)$2.40B
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 3/31/15)
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 3/31/15. Index represents the Russell 1000® Growth Index.

TOP HOLDINGS (% of Fund)

Lowe's Cos., Inc. 5.07
Delphi Automotive PLC 3.88
Google, Inc. - Class C 3.73
Valeant Pharmaceuticals International, Inc. (U.S. Shares) 3.58
Endo International PLC 3.46
TOTAL19.72

CHARACTERISTICS

Number of Holdings
Equity Issues

42
Market Capitalization
Weighted Average
Median

$85.67B
$39.90B
Portfolio Turnover Ratio
(1-year trailing)

40.27%
Price/Earnings Ratio
(1-year forward)

25.74
Price/Book Ratio
(1-year forward)

7.46
Earnings Growth Rate
(1-year forward)

15.93%

MONTHLY TOP EQUITY
CONTRIBUTORS & DETRACTORS

CONTRIBUTORS
Pharmacyclics, Inc.
E*TRADE Financial Corp.
Endo International PLC
Norwegian Cruise Line Holdings, Ltd.
Tencent Holdings, Ltd.
DETRACTORS
Priceline Group, Inc.
Salesforce.com, Inc.
ARM Holdings PLC (ADR)
Adobe Systems, Inc.
MasterCard, Inc. - Class A

SECTOR ALLOCATION (%)

FUND INDEX 
Consumer Discretionary 27.52 18.82
 
 
Information Technology 24.77 28.54
 
 
Health Care 17.33 14.31
 
 
Financials 13.75 5.22
 
 
Industrials 9.85 11.85
 
 
Materials 2.36 3.94
 
 
Energy 1.32 4.49
 
 
Telecommunication Services 1.30 2.16
 
 
Cash & Equivalents 1.80 -
 

DEVELOPED VS. EMERGING MARKET EXPOSURE (%)

FUNDINDEX
U.S. 86.04 99.76
Non-U.S. Developed 7.99 0.20
Non-U.S. Emerging 4.17 0.04
Cash & Equivalents 1.80 -

REGIONS (%)

FUNDINDEX
North America 92.35 99.95
Asia/Pacific Ex Japan 4.17 -
Europe 1.68 0.01
Cash & Equivalents 1.80 -

MARKET CAPITALIZATION RANGE OF EQUITY HOLDINGS (%)

FUNDINDEX
Over $100 Billion 15.75 36.60
$50 Billion to $100 Billion 24.39 19.09
$10 Billion to $50 Billion 54.78 32.70
$5 Billion to $10 Billion 5.00 8.48
$1 Billion to $5 Billion 0.08 3.13

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.