Janus High-Yield Fund (JAHYX)
Core High-Yield Fixed Income

SHARE CLASS

FUND FACTS (JAHYX)

Inception Date12/29/1995
NAV (As of 4/17/15 )$8.69
Total Net Assets (As of 3/31/15)$2.18B
Annual Expense Ratio
(As of fiscal year end 6/30/14)
GROSS 0.87%
NET 0.87%

Yields

Distribution Yield at NAV (As of 3/31/15)

5.48%
30 Day SEC Yield (As of 3/31/15)
with waivers
without waivers

5.77%
5.77%
Distribution FrequencyMonthly
Performance (As of 3/31/15)
1 Year0.12%
3 Year6.36%
5 Year7.86%
10 Year7.32%
Morningstar (As of 3/31/15)
CategoryHigh Yield Bond
Overall Rating™
(Based on risk-adjusted returns)

View All Ratings

595 Funds Rated
Analyst RatingBronze
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.

Net expense ratios reflect the expense waiver, if any, Janus Capital has contractually agreed to through 11/1/15.

PERFORMANCE View Time Period:
As of 4/17/15As of 3/31/15As of 3/31/15As of 3/31/15
Inception: Dec 29, 1995
PRICE1 DAY
RETURN

YTD
1 YR3 YR5 YR10 YRSINCE
INCEPTION
Class T Shares 
$8.69-0.10%3.76%0.12%6.36%7.86%7.32%7.79%0.12%6.36%7.86%7.32%7.79%0.12%20.32%46.00%102.61%324.27%
Barclays U.S. Corporate High-Yield Bond Index3.63%2.00%7.46%8.59%8.18%7.41%2.00%7.46%8.59%8.18%7.41%2.00%24.08%50.98%119.56%296.24%

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.

Net expense ratios reflect the expense waiver, if any, Janus Capital has contractually agreed to through 11/1/15.

Annual Expense Ratio: Gross: 0.87% / Net: 0.87% View Fees and Expenses

RISK STATISTICS
VS. Barclays U.S. Corporate High-Yield Bond Index

VIEW RISK STATISTICS DEFINITIONS

Alpha
Compares the risk-adjusted performance of a portfolio to a benchmark index.
Beta
A measure of the volatility of a portfolio in comparison to a benchmark index.
R-Squared
Represents the percentage of the portfolio’s performance that can be explained by the general movements of a benchmark index.
Standard Deviation
Measures historical volatility.
Sharpe Ratio
Measures risk-adjusted performance by dividing the portfolio’s excess returns by the standard deviation of those returns.
Information Ratio
Measure of a portfolio management’s performance against risk and return relative to a benchmark or alternative measure.
FUNDINDEX
Alpha-0.83-0.62N/AN/A
Beta0.970.991.001.00
R-Squared (%)96.0497.63100.00100.00
Standard Deviation4.356.314.386.27
Sharpe Ratio1.451.241.691.36
Information Ratio-1.25-0.74----

Statistics are for the Fund’s “parent” share class (typically that with the longest history).

MORNINGSTAR PERCENTILEView Time Period:
As of 3/31/15As of 3/31/15
1 YR3 YR5 YR10 YRSINCE
INCEPTION
Percentile Ranking (%)715637293715637293
High Yield Bond Category
Rank/Count
545 / 763380 / 682219 / 600149 / 5176 / 241545 / 763380 / 682219 / 600149 / 5176 / 241

CALENDAR YEAR PERFORMANCE

GROWTH OF A $10,000 HYPOTHETICAL INVESTMENT

UP AND DOWN MARKET CAPTURE

AS OF 3/31/153 YR UP MARKET
CAPTURE
3 YR DOWN MARKET
CAPTURE
5 YR UP MARKET
CAPTURE
5 YR DOWN MARKET
CAPTURE
Janus High-Yield Fund92.05%105.02%96.20%103.26%
Barclays U.S. Corporate High-Yield Bond Index100.00%100.00%100.00%100.00%

Statistics are for the Fund’s “parent” share class (typically that with the longest history).

ANNUAL FEES & EXPENSES

AS OF FISCAL YEAR END 6/30/2014
CLASS T SHARES
Management Fees0.56%
12b-1 FeesN/A
Other Expenses0.31%
Total Gross Expenses0.87%
Waivers0.00%
TOTAL NET EXPENSES0.87%