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 5/27/16)$10.55
Total Net Assets (As of 4/30/16)$254.15M
Annual Expense Ratio
(As of fiscal year end 9/30/15)
GROSS 1.18%
NET 1.18%

Yields

Distribution Yield at NAV (As of 3/31/16)

3.30%
30 Day SEC Yield (As of 4/30/16)
with waivers
without waivers

1.88%
1.88%
Distribution FrequencyQuarterly
Performance (As of 3/31/16)
1 Year-3.55%
3 Year4.59%
5 Year6.18%
Since Inception3.67%
Morningstar (As of 4/30/16)
CategoryGlobal Real Estate
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.

Data as of 4/30/16. Index represents the FTSE EPRA/NAREIT Global Index.

TOP HOLDINGS (% of Fund)

Aroundtown Property Holdings PLC 4.30
Kennedy-Wilson Holdings Inc 3.63
Simon Property Group Inc 3.52
American Tower Corp 3.30
Chatham Lodging Trust 2.99
Kennedy Wilson Europe Real Estate Plc 2.63
Kenedix Retail REIT Corp 2.41
St Joe Co 2.26
CapitaLand Ltd 2.11
Lexington Realty Trust 1.81
TOTAL28.96

CHARACTERISTICS

Number of Holdings
Equity Issues

96
Market Capitalization
Weighted Average
Median

$8.40B
$2.34B
Portfolio Turnover Ratio
(1-year trailing)

26.63%
Price/Earnings Ratio
(1-year forward)

26.87
Price/Book Ratio
(1-year forward)

1.97
Earnings Growth Rate
(1-year forward)

9.61%

MONTHLY TOP EQUITY
CONTRIBUTORS & DETRACTORS

CONTRIBUTORS
Kenedix Retail REIT Corp
Atrium European Real Estate Ltd
American Tower Corp
CapitaLand Ltd
Aroundtown Property Holdings PLC
DETRACTORS
New Home Co Inc
Kennedy Wilson Europe Real Estate Plc
Simon Property Group Inc
AvalonBay Communities Inc
ADO Properties SA

SECTOR ALLOCATION (%)

FUND INDEX 
Financials 84.95 99.56
 
 
Consumer Discretionary 3.58 0.27
 
 
Information Technology 1.68 -
 
Utilities 1.33 -
 
Health Care 0.90 0.17
 
 
Energy 0.79 -
 
Industrials 0.61 -
 
Materials 0.04 -
 
US Finance 0.25 -
 
Cash & Equivalents 4.71 -
 
Restricted Cash 1.16 -
 

DEVELOPED VS. EMERGING MARKET EXPOSURE (%)

FUNDINDEX
Non-U.S. Developed 45.44 43.84
U.S. 44.09 47.28
Non-U.S. Emerging 4.60 8.84
Restricted Cash 1.16 -
Cash & Equivalents 4.71 -

REGIONS (%)

FUNDINDEX
North America 47.97 49.94
Europe 19.42 15.58
Asia/Pacific Ex Japan 16.41 20.75
Japan 7.35 10.91
Latin America 2.98 1.24
Cash & Equivalents 4.71 -
Restricted Cash 1.16 -

TOP INDUSTRIES (%)

FUNDINDEX
Diversified Real Estate Activities 10.93 9.27
Diversified REITs 10.76 11.88
Real Estate Operating Companies 10.41 8.38
Retail REITs 8.50 23.37
Real Estate Services 7.97 -
Specialized REITs 7.28 5.67
Residential REITs 6.52 9.28
Office REITs 5.58 10.69
Industrial REITs 5.00 4.93
Hotel & Resort REITs 4.48 -

MARKET CAPITALIZATION RANGE OF EQUITY HOLDINGS (% of Fund)

$50 Billion to $100 Billion 3.52
$10 Billion to $50 Billion 14.61
$5 Billion to $10 Billion 10.33
$1 Billion to $5 Billion 42.20
$500 Million to $1 Billion 11.44
$250 Million to $500 Million 5.92
$100 Million to $250 Million 1.94
Under $100 Million 1.05
N/A 2.87

COUNTRIES (%)

FUNDINDEX
United States 44.10 47.28
Germany 7.98 2.83
Japan 7.35 10.90
United Kingdom 5.85 5.16
Singapore 5.35 2.51
Australia 4.88 5.58
Hong Kong 4.56 6.60
Canada 3.88 2.66
Mexico 2.45 0.64
Austria 1.74 -
Netherlands 1.68 -
India 1.14 -
Norway 0.79 -
Ireland 0.75 -
France 0.63 3.30
Brazil 0.52 0.52
China 0.48 3.86
Cash & Equivalents 4.71 -
Restricted Cash 1.16 -

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.