Janus High-Yield Fund (JAHYX)

Core High-Yield Fixed Income

SHARE CLASS

FUND FACTS (JAHYX)

Inception Date12/29/1995
NAV (As of 1/20/17)$8.50
Total Net Assets (As of 12/31/16)$2.01B
Annual Expense Ratio
(As of fiscal year end 6/30/16)
GROSS 0.87%
NET 0.87%

Yields

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

6.28%
30 Day SEC Yield (As of 12/31/16)
with waivers
without waivers

5.40%
5.40%
Distribution FrequencyMonthly
Performance (As of 12/31/16)
1 Year12.82%
3 Year3.85%
5 Year6.56%
10 Year6.57%
Morningstar (As of 12/31/16)
CategoryUS Fund High Yield Bond
Overall Rating™
(Based on risk-adjusted returns)

View All Ratings

602 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 11/1/17.

PERFORMANCE View Time Period:
As of 1/20/17As of 12/31/16As of 12/31/16As of 12/31/16
Inception: Dec 29, 1995
PRICE1 DAY
RETURN

YTD
1 YR3 YR5 YR10 YRSINCE
INCEPTION
Class T Shares 
$8.50-0.10%0.91%12.82%3.85%6.56%6.57%7.53%12.82%3.85%6.56%6.57%7.53%12.82%12.01%37.39%88.98%359.35%
Bloomberg Barclays U.S. Corporate High Yield Bond Index1.10%17.13%4.66%7.36%7.45%7.22%17.13%4.66%7.36%7.45%7.22%17.13%14.64%42.65%105.19%332.47%

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 11/1/17.

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

RISK STATISTICS
VS. Bloomberg Barclays U.S. Corporate High Yield Bond Index
AS OF 12/31/16

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
Alpha0.310.53N/AN/A
Beta0.750.821.001.00
R-Squared (%)91.9992.93100.00100.00
Standard Deviation4.794.686.095.52
Sharpe Ratio0.781.380.751.32
Information Ratio-0.40-0.50----

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

MORNINGSTAR PERCENTILEView Time Period:
As of 12/31/16As of 12/31/16
1 YR3 YR5 YR10 YRSINCE
INCEPTION
Percentile Ranking (%)603439307603439307
US Fund High Yield Bond Category
Rank/Count
441 / 731227 / 665225 / 579146 / 48014 / 206441 / 731227 / 665225 / 579146 / 48014 / 206

CALENDAR YEAR PERFORMANCE

GROWTH OF A $10,000 HYPOTHETICAL INVESTMENT

UP AND DOWN MARKET CAPTURE

AS OF 12/31/163 YR UP MARKET CAPTURE3 YR DOWN MARKET CAPTURE5 YR UP MARKET CAPTURE5 YR DOWN MARKET CAPTURE
Janus High-Yield Fund81.15%81.88%86.91%85.30%
Bloomberg 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 6/30/2016
CLASS T SHARES
Management Fees0.57%
12b-1 FeesN/A
Other Expenses0.30%
Total Gross Expenses0.87%
Waivers0.00%
TOTAL NET EXPENSES0.87%