Janus High-Yield Fund (JAHYX)

Core High-Yield Fixed Income



Inception Date12/29/1995
NAV (As of 11/24/15 )$8.15
Total Net Assets (As of 10/31/15)$2.03B
Annual Expense Ratio
(As of fiscal year end 6/30/15)
GROSS 0.87%
NET 0.87%


Distribution Yield at NAV (As of 10/31/15)

30 Day SEC Yield (As of 10/31/15)
with waivers
without waivers

Distribution FrequencyMonthly
Performance (As of 9/30/15)
1 Year-2.31%
3 Year3.79%
5 Year6.03%
10 Year6.70%
Morningstar (As of 10/31/15)
CategoryHigh Yield Bond
Overall Rating™
(Based on risk-adjusted returns)

View All Ratings

626 Funds Rated
Analyst Rating
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 - Q3 2015


In a period of elevated volatility for risk assets, the strategy outperformed the index.

Outperformance was driven by our overall defensive positioning, which includes an underweight to energy and metals and mining, as well as a higher than normal cash position.

Given our cautious stance, the Fund currently favors higherquality issuers with robust balance sheets.


Gibson Smith

Gibson Smith

Fund Manager since 2003
Industry since 1991

Darrell Watters

Darrell Watters

Fund Manager since 2008
Industry since 1986