Janus High-Yield Fund (JAHYX)

Core High-Yield Fixed Income



Inception Date12/29/1995
NAV (As of 5/27/16)$8.16
Total Net Assets (As of 4/30/16)$1.99B
Annual Expense Ratio
(As of fiscal year end 6/30/15)
GROSS 0.87%
NET 0.87%


Distribution Yield at NAV (As of 4/30/16)

30 Day SEC Yield (As of 4/30/16)
with waivers
without waivers

Distribution FrequencyMonthly
Performance (As of 3/31/16)
1 Year-1.86%
3 Year2.02%
5 Year4.46%
10 Year6.37%
Morningstar (As of 4/30/16)
CategoryHigh Yield Bond
Overall Rating™
(Based on risk-adjusted returns)

View All Ratings

642 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 - Q1 2016


In a quarter that witnessed two very different market environments for high-yield credit, the Fund underperformed its index.

The more defensive nature of our holdings did not keep pace as credit markets rebounded in the latter half of the quarter.

As we appear to be in the later stages of the economic and credit cycles, we expect volatility to remain elevated. We maintain our defensive posture in the face of global market uncertainties and weak corporate credit 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