Janus High-Yield Fund (JAHYX)

Core High-Yield Fixed Income



Inception Date12/29/1995
NAV (As of 9/23/16)$8.40
Total Net Assets (As of 8/31/16)$2.00B
Annual Expense Ratio
(As of fiscal year end 6/30/15)
GROSS 0.87%
NET 0.87%


Distribution Yield at NAV (As of 8/31/16)

30 Day SEC Yield (As of 8/31/16)
with waivers
without waivers

Distribution FrequencyMonthly
Performance (As of 6/30/16)
1 Year0.94%
3 Year3.72%
5 Year5.03%
10 Year6.70%
Morningstar (As of 8/31/16)
CategoryHigh Yield Bond
Overall Rating™
(Based on risk-adjusted returns)

View All Ratings

654 Funds Rated
Fixed Income
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 11/1/16.

Quarterly Commentary - Q2 2016


The Fund underperformed its index in the second quarter of 2016.

Positioning in investment-grade corporate credit and bank loans aided relative results. Our highyield holdings, which we believe to be more defensive in nature, did not keep pace with the overall high-yield segment.

We continue to contend with frail global growth prospects and weak credit fundamentals. Our cautious approach to credit reflects our view that markets can go only so far on accommodative monetary policy and little in the way of accelerated fundamentals.


Darrell Watters

Darrell Watters

Fund Manager since 2008
Industry since 1986

Seth Meyer, CFA

Seth Meyer, CFA

Fund Manager since 2015
Industry since 1998