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 12/7/16)$10.64
Total Net Assets (As of 10/31/16)$236.25M
Annual Expense Ratio
(As of fiscal year end 9/30/15)
GROSS 1.18%
NET 1.18%

Yields

Distribution Yield at NAV (As of 9/30/16)

3.26%
30 Day SEC Yield (As of 11/30/16)
with waivers
without waivers

2.20%
2.20%
Distribution FrequencyQuarterly
Performance (As of 9/30/16)
1 Year11.64%
3 Year7.31%
5 Year12.44%
Since Inception4.08%
Morningstar (As of 11/30/16)
CategoryGlobal 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 2/1/17.

Quarterly Commentary - Q3 2016

EXECUTIVE SUMMARY

Global real estate stocks gained during the quarter.

The Fund outperformed its benchmark, with specialized REITs and real estate operating companies contributing most to relative results.

We are focusing on companies active in markets with attractive development yields and those that are using the seller’s market and low interest rates to fortify balance sheets.

FUND MANAGEMENT

Patrick Brophy

Patrick Brophy

Fund Manager since 2007
Industry since 1990