Janus Fund (JANSX)

45+ Years of Traditional Large-Cap Growth Equities

SHARE CLASS

FUND FACTS (JANSX)

Inception Date2/5/1970
NAV (As of 5/27/16)$34.89
Total Net Assets (As of 4/30/16)$7.53B
Annual Expense Ratio
(As of fiscal year end 9/30/15)
GROSS 0.87%
NET 0.87%

Performance (As of 3/31/16)
1 Year-2.76%
3 Year12.17%
5 Year10.21%
10 Year6.39%
Morningstar (As of 4/30/16)
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.

Returns greater than one year are annualized.

Net expense ratios reflect the expense waiver, if any, Janus Capital has contractually agreed to through 2/1/17.

Quarterly Commentary - Q1 2016

EXECUTIVE SUMMARY

U.S. large-cap growth equities notched minimal gains but stocks were volatile during the quarter.

The Fund underperformed its benchmarks during the period, due largely to some of our health care holdings.

We believe the months ahead will be a great time to invest in U.S. large-cap growth stocks — a category that includes companies that are gaining market share in growing areas like cloud computing, software as a service, pharmaceuticals and consumer goods.

FUND MANAGEMENT

Barney Wilson

Barney Wilson

Fund Manager since 2011
Industry since 1997

Jean Galligan Barnard

Jean Galligan Barnard, CFA

Fund Manager since 2016
Industry since 1992