Janus Global Unconstrained Bond Fund (JUCTX)

Global Macro-Driven Bond Fund Seeking Absolute Returns

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FUND FACTS (JUCTX)

Inception Date5/27/2014
NAV (As of 1/19/17)$9.60
Total Net Assets (As of 12/30/16)$1.77B
Annual Expense Ratio
(Estimated)
GROSS 0.99%
NET 0.99%

Yields

Distribution Yield at NAV (As of 12/31/16)

15.26%
30 Day SEC Yield (As of 12/31/16)
with waivers
without waivers

0.96%
0.96%
Distribution FrequencyMonthly
Performance (As of 12/31/16)
1 Year4.94%
Since Inception1.04%
Morningstar (As of 12/31/16)
CategoryUS Fund Nontraditional Bond
Equity
Style Box
Fixed Income
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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 11/1/17.

Client Commitment

This “unconstrained” fund has the flexibility to invest across global fixed income markets and is not managed to be compared to any specific index. The Fund has significant latitude to act on high conviction ideas and seeks to achieve positive absolute returns in a variety of market environments.

Investment Outlook from Bill Gross

Why Invest in the Fund

WORLD-RENOWNED INVESTOR

Bill Gross is one of the world’s foremost thought leaders on fixed income. His unconstrained, macro style of investing offers investors an exceptional approach to navigating today’s markets, which are deeply affected by central banks and macroeconomics.

INVESTMENT FLEXIBILITY

The Fund invests broadly across global fixed income markets and is not constrained by benchmark-specific guidelines. This latitude allows us to fully express our high-conviction active views and potentially avoid benchmark biases.

UNCORRELATED SOURCES OF RETURN

This bond fund seeks to provide positive long-term returns through the employment of derivatives and option-based strategies. This allows access to sources of returns that are intended to be uncorrelated to traditional risk assets.

FUND MANAGEMENT

Bill Gross

Bill Gross

Fund Manager since 2014
Industry since 1971

FUND NEWS

Through 1/13/17 the Janus Global Unconstrained Bond Fund T-Shares has returned 1.74% since Bill Gross began managing the fund (10/6/14).

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Bloomberg highlights how Bill Gross, Portfolio Manager of the Janus Global Unconstrained Bond Fund, has seen his best quarter since taking control of the fund.

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Watch Bill Gross React to the Latest Employment Report on Bloomberg Surveillance

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