Janus Fund (JANSX)
40+ Years of Traditional Large-Cap Growth Equities

SHARE CLASS

FUND FACTS (JANSX)

Inception Date2/5/1970
NAV (As of 2/26/15 )$39.87
Total Net Assets (As of 1/31/15)$8.14B
Annual Expense Ratio
(As of fiscal year end 9/30/14)
GROSS 0.76%
NET 0.76%

Performance (As of 12/31/14)
1 Year12.78%
3 Year19.85%
5 Year12.50%
10 Year7.03%
Morningstar (As of 1/31/15)
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.

Quarterly Commentary - Q4 2014

EXECUTIVE SUMMARY

A strengthening U.S. economy drove equity indices higher during the quarter.

The Fund outperformed its benchmark during the period.

With market valuations near the higher end of historical averages, we expect earnings growth to be needed to drive further stock price appreciation.

FUND MANAGEMENT

Barney Wilson

Fund Manager since 2011
Industry since 1997