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 8/26/16)$11.11
Total Net Assets (As of 7/31/16)$261.05M
Annual Expense Ratio
(As of fiscal year end 9/30/15)
GROSS 1.18%
NET 1.18%

Yields

Distribution Yield at NAV (As of 6/30/16)

3.20%
30 Day SEC Yield (As of 7/31/16)
with waivers
without waivers

1.93%
1.93%
Distribution FrequencyQuarterly
Performance (As of 6/30/16)
1 Year2.02%
3 Year7.09%
5 Year6.90%
Since Inception3.90%
Morningstar (As of 7/31/16)
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 7/31/16. Index represents the FTSE EPRA/NAREIT Global Index.

TOP HOLDINGS (% of Fund)

Aroundtown Property Holdings PLC 4.27
Simon Property Group Inc 3.87
Kennedy-Wilson Holdings Inc 3.80
American Tower Corp 3.55
Chatham Lodging Trust 3.27
Kenedix Retail REIT Corp 2.42
St Joe Co 2.41
Atrium European Real Estate Ltd 2.22
Lexington Realty Trust 2.19
Kennedy Wilson Europe Real Estate Plc 2.12
TOTAL30.12

CHARACTERISTICS

Number of Holdings
Equity Issues

93
Market Capitalization
Weighted Average
Median

$10.00B
$2.40B
Portfolio Turnover Ratio
(1-year trailing)

17.39%
Price/Earnings Ratio
(1-year forward)

31.94
Price/Book Ratio
(1-year forward)

1.77
Earnings Growth Rate
(1-year forward)

5.51%

MONTHLY TOP EQUITY
CONTRIBUTORS & DETRACTORS

CONTRIBUTORS
Kennedy-Wilson Holdings Inc
Chatham Lodging Trust
NorthStar Realty Finance Corp.
Wharf Holdings Ltd
Simon Property Group Inc
DETRACTORS
Primecity Investment PLC
Equinix Inc
PS Business Parks Inc
Concentradora Fibra Hotelera Mexicana SA de CV
Countryside Properties PLC

SECTOR ALLOCATION (%)

FUND INDEX 
Financials 88.51 99.58
 
 
Consumer Discretionary 2.89 0.28
 
 
Information Technology 1.83 -
 
Utilities 1.05 -
 
Health Care 0.85 0.13
 
 
Energy 0.81 -
 
Industrials 0.59 0.01
 
 
Materials 0.04 -
 
US Finance 0.25 -
 
Cash & Equivalents 2.06 -
 
Restricted Cash 1.12 -
 

DEVELOPED VS. EMERGING MARKET EXPOSURE (%)

FUNDINDEX
Non-U.S. Developed 46.44 41.60
U.S. 45.99 50.03
Non-U.S. Emerging 4.39 8.34
Restricted Cash 1.12 -
Cash & Equivalents 2.06 -

REGIONS (%)

FUNDINDEX
North America 49.62 52.58
Europe 17.99 14.48
Asia/Pacific Ex Japan 17.73 20.51
Japan 8.78 9.73
Latin America 2.70 1.15
Cash & Equivalents 2.06 -
Restricted Cash 1.12 -

TOP INDUSTRIES (%)

FUNDINDEX
Diversified Real Estate Activities 11.56 8.57
Real Estate Operating Companies 11.11 8.47
Diversified REITs 11.06 11.22
Retail REITs 10.06 23.83
Specialized REITs 7.34 5.74
Office REITs 6.99 10.68
Real Estate Services 6.71 -
Residential REITs 5.15 9.22
Industrial REITs 4.86 5.81
Hotel & Resort REITs 4.68 -

MARKET CAPITALIZATION RANGE OF EQUITY HOLDINGS (% of Fund)

$50 Billion to $100 Billion 3.87
$10 Billion to $50 Billion 19.41
$5 Billion to $10 Billion 9.25
$1 Billion to $5 Billion 39.95
$500 Million to $1 Billion 14.10
$250 Million to $500 Million 4.01
$100 Million to $250 Million 3.14
Under $100 Million 0.04
N/A 2.80

COUNTRIES (%)

FUNDINDEX
United States 45.98 50.04
Japan 8.78 9.73
Germany 8.36 3.03
Australia 5.92 5.68
Singapore 5.34 2.62
Hong Kong 4.77 6.49
Canada 3.64 2.53
United Kingdom 3.42 4.15
Austria 2.22 -
Mexico 2.09 0.54
Netherlands 1.83 -
India 1.22 -
Norway 0.81 -
Ireland 0.73 -
France 0.63 3.12
Brazil 0.61 0.54
China 0.47 3.47
Cash & Equivalents 2.06 -
Restricted Cash 1.12 -

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.