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 2/8/16 )$9.08
Total Net Assets (As of 12/31/15)$260.00M
Annual Expense Ratio
(As of fiscal year end 9/30/15)
GROSS 1.18%
NET 1.18%

Yields

Distribution Yield at NAV (As of 12/31/15)

3.38%
30 Day SEC Yield (As of 1/31/16)
with waivers
without waivers

2.16%
2.16%
Distribution FrequencyQuarterly
Performance (As of 12/31/15)
1 Year-2.06%
3 Year5.93%
5 Year6.33%
Since Inception3.57%
Morningstar (As of 1/31/16)
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 12/31/15. Index represents the FTSE EPRA/NAREIT Global Index.

TOP HOLDINGS (% of Fund)

Kennedy-Wilson Holdings Inc 3.96
Simon Property Group Inc 3.33
Aroundtown Property Holdings PLC 3.28
American Tower Corp 2.99
Kennedy Wilson Europe Real Estate Plc 2.89
Chatham Lodging Trust 2.81
St Joe Co 2.44
CapitaLand Ltd 2.11
New Home Co Inc 1.97
NorthStar Realty Finance Corp 1.84
TOTAL27.62

CHARACTERISTICS

Number of Holdings
Equity Issues

101
Market Capitalization
Weighted Average
Median

$8.57B
$2.35B
Portfolio Turnover Ratio
(1-year trailing)

30.91%
Price/Earnings Ratio
(1-year forward)

27.80
Price/Book Ratio
(1-year forward)

1.65
Earnings Growth Rate
(1-year forward)

14.65%

MONTHLY TOP EQUITY
CONTRIBUTORS & DETRACTORS

CONTRIBUTORS
Aroundtown Property Holdings PLC
CapitaLand Ltd
ADO Properties SA
Simon Property Group Inc
Hoegh LNG Partners LP
DETRACTORS
Kennedy-Wilson Holdings Inc
Chatham Lodging Trust
New Home Co Inc
St Joe Co
Brookfield Infrastructure Partners LP

SECTOR ALLOCATION (%)

FUND INDEX 
Financials 88.87 99.63
 
 
Consumer Discretionary 5.15 0.22
 
 
Information Technology 1.25 -
 
Utilities 1.17 -
 
Health Care 0.92 0.15
 
 
Energy 0.80 -
 
Industrials 0.67 -
 
Materials 0.03 -
 
US Finance 0.25 -
 
Cash & Equivalents 1.11 -
 
Restricted Cash -0.22 -

DEVELOPED VS. EMERGING MARKET EXPOSURE (%)

FUNDINDEX
U.S. 47.46 48.52
Non-U.S. Developed 46.89 42.30
Non-U.S. Emerging 4.76 9.14
Restricted Cash -0.22 -
Cash & Equivalents 1.11 -

REGIONS (%)

FUNDINDEX
North America 51.77 50.73
Europe 18.85 15.75
Asia/Pacific Ex Japan 17.28 21.31
Japan 8.58 9.82
Latin America 2.63 1.04
Cash & Equivalents 1.11 -
Restricted Cash -0.22 -

TOP INDUSTRIES (%)

FUNDINDEX
Real Estate Operating Companies 13.38 8.54
Diversified REITs 12.11 11.95
Diversified Real Estate Activities 10.78 9.95
Real Estate Services 8.81 -
Retail REITs 8.55 21.71
Residential REITs 6.85 9.52
Specialized REITs 6.51 5.47
Office REITs 5.28 10.82
Industrial REITs 4.54 4.70
Hotel & Resort REITs 4.29 -

MARKET CAPITALIZATION RANGE OF EQUITY HOLDINGS (% of Fund)

$50 Billion to $100 Billion 3.33
$10 Billion to $50 Billion 20.55
$5 Billion to $10 Billion 8.12
$1 Billion to $5 Billion 40.14
$500 Million to $1 Billion 12.24
$250 Million to $500 Million 8.28
$100 Million to $250 Million 1.81
Under $100 Million 0.03
N/A 4.36

COUNTRIES (%)

FUNDINDEX
United States 47.48 48.52
Japan 8.58 9.82
Germany 8.01 2.74
United Kingdom 5.80 5.62
Australia 5.45 5.15
Hong Kong 4.86 6.91
Singapore 4.84 2.44
Canada 4.31 2.22
Mexico 2.29 0.62
Austria 1.40 0.40
Netherlands 1.25 0.40
India 1.22 -
Spain 1.00 0.49
China 0.81 4.61
Norway 0.80 -
France 0.58 3.19
Brazil 0.33 -
Taiwan, Province Of China 0.10 -
Cash & Equivalents 1.11 -
Restricted Cash -0.22 -

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.