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 9/28/16)$11.10
Total Net Assets (As of 8/31/16)$253.27M
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 8/31/16)
with waivers
without waivers

2.10%
2.10%
Distribution FrequencyQuarterly
Performance (As of 6/30/16)
1 Year2.02%
3 Year7.09%
5 Year6.90%
Since Inception3.90%
Morningstar (As of 8/31/16)
CategoryGlobal Real Estate
Overall Rating™
(Based on risk-adjusted returns)

View All Ratings

206 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.

Data as of 8/31/16. Index represents the FTSE EPRA/NAREIT Global Index.

TOP HOLDINGS (% of Fund)

Aroundtown Property Holdings PLC 4.62
Kennedy-Wilson Holdings Inc 4.10
Simon Property Group Inc 3.78
American Tower Corp 3.58
Chatham Lodging Trust 2.91
St Joe Co 2.54
Kenedix Retail REIT Corp 2.27
Atrium European Real Estate Ltd 2.27
Lexington Realty Trust 2.23
Kennedy Wilson Europe Real Estate Plc 2.10
TOTAL30.40

CHARACTERISTICS

Number of Holdings
Equity Issues

93
Market Capitalization
Weighted Average
Median

$9.74B
$2.48B
Portfolio Turnover Ratio
(1-year trailing)

16.46%
Price/Earnings Ratio
(1-year forward)

28.24
Price/Book Ratio
(1-year forward)

1.82
Earnings Growth Rate
(1-year forward)

7.19%

MONTHLY TOP EQUITY
CONTRIBUTORS & DETRACTORS

CONTRIBUTORS
Aroundtown Property Holdings PLC
Kennedy-Wilson Holdings Inc
ADO Properties SA
New Home Co Inc
Hang Lung Properties Ltd
DETRACTORS
Chatham Lodging Trust
Kenedix Retail REIT Corp
Simon Property Group Inc
Armada Hoffler Properties Inc
General Growth Properties Inc

SECTOR ALLOCATION (%)

FUND INDEX 
Financials 87.77 99.57
 
 
Consumer Discretionary 3.12 0.28
 
 
Information Technology 1.85 -
 
Energy 0.82 -
 
Health Care 0.77 0.13
 
 
Utilities 0.73 -
 
Industrials 0.62 0.02
 
 
Materials 0.03 -
 
Equity Other 0.02 -
 
US Finance 0.26 -
 
Cash & Equivalents 2.85 -
 
Restricted Cash 1.16 -
 

DEVELOPED VS. EMERGING MARKET EXPOSURE (%)

FUNDINDEX
U.S. 46.40 49.45
Non-U.S. Developed 44.90 41.82
Non-U.S. Emerging 4.69 8.70
Restricted Cash 1.16 -
Cash & Equivalents 2.85 -

REGIONS (%)

FUNDINDEX
North America 49.77 51.88
Europe 18.10 14.77
Asia/Pacific Ex Japan 17.21 21.07
Japan 8.09 9.72
Latin America 2.82 1.12
Cash & Equivalents 2.85 -
Restricted Cash 1.16 -

TOP INDUSTRIES (%)

FUNDINDEX
Real Estate Operating Companies 15.18 8.50
Diversified Real Estate Activities 11.93 8.74
Diversified REITs 11.20 11.24
Retail REITs 9.81 23.47
Specialized REITs 7.40 5.51
Office REITs 6.46 10.70
Residential REITs 5.10 9.03
Industrial REITs 4.88 5.82
Hotel & Resort REITs 4.39 -
Real Estate Development 3.39 6.40

MARKET CAPITALIZATION RANGE OF EQUITY HOLDINGS (% of Fund)

$50 Billion to $100 Billion 3.78
$10 Billion to $50 Billion 18.88
$5 Billion to $10 Billion 8.99
$1 Billion to $5 Billion 40.73
$500 Million to $1 Billion 12.24
$250 Million to $500 Million 5.11
$100 Million to $250 Million 3.15
Under $100 Million 0.03
N/A 2.82

COUNTRIES (%)

FUNDINDEX
United States 46.39 49.44
Germany 8.35 3.06
Japan 8.09 9.72
Australia 6.06 5.55
Singapore 5.24 2.67
Hong Kong 4.04 6.64
United Kingdom 3.42 4.24
Canada 3.37 2.42
Austria 2.27 -
Mexico 2.22 0.54
Netherlands 1.85 -
India 1.33 -
Norway 0.82 -
Ireland 0.75 -
France 0.64 3.18
Brazil 0.60 0.51
China 0.55 3.88
Cash & Equivalents 2.85 -
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.