Janus Global Real Estate Fund (JERTX)

Investing Globally in Real Estate for Growth and Income

SHARE CLASS

FUND FACTS (JERTX)

Inception Date11/28/2007
NAV (As of 2/24/17)$10.66
Total Net Assets (As of 1/31/17)$222.68M
Annual Expense Ratio
(As of fiscal year end 9/30/16)
GROSS 1.14%
NET 1.14%

Yields

Distribution Yield at NAV (As of 12/31/16)

3.33%
30 Day SEC Yield (As of 1/31/17)
with waivers
without waivers

2.15%
2.15%
Distribution FrequencyQuarterly
Performance (As of 12/31/16)
1 Year3.37%
3 Year4.92%
5 Year10.18%
Since Inception3.54%
Morningstar (As of 1/31/17)
CategoryUS Fund Global Real Estate
Overall Rating™
(Based on risk-adjusted returns)

View All Ratings

186 Funds Rated
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 2/1/18.

Quarterly Commentary - Q4 2016

EXECUTIVE SUMMARY

Global real estate stocks declined during the quarter.

The Fund outperformed its benchmark, with stock selection in diversified REITs and an underweight to retail REITs contributing most to relative results.

We think the market’s volatility is conducive to outsized gains for a strategy like ours, which tends to differ from major indices and gravitate toward attractively valued, off-the-beaten-path opportunities.

FUND MANAGEMENT

Patrick Brophy

Patrick Brophy

Fund Manager since 2007
Industry since 1990