Janus High-Yield Fund (JAHYX)

Core High-Yield Fixed Income

SHARE CLASS

FUND FACTS (JAHYX)

Inception Date12/29/1995
NAV (As of 7/25/16)$8.35
Total Net Assets (As of 6/30/16)$2.06B
Annual Expense Ratio
(As of fiscal year end 6/30/15)
GROSS 0.87%
NET 0.87%

Yields

Distribution Yield at NAV (As of 6/30/16)

6.07%
30 Day SEC Yield (As of 6/30/16)
with waivers
without waivers

5.73%
5.73%
Distribution FrequencyMonthly
Performance (As of 6/30/16)
1 Year0.94%
3 Year3.72%
5 Year5.03%
10 Year6.70%
Morningstar (As of 6/30/16)
CategoryHigh Yield Bond
Overall Rating™
(Based on risk-adjusted returns)

View All Ratings

653 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.

PERFORMANCE View Time Period:
As of 7/25/16As of 6/30/16As of 6/30/16As of 6/30/16
Inception: Dec 29, 1995
PRICE1 DAY
RETURN

YTD
1 YR3 YR5 YR10 YRSINCE
INCEPTION
Class T Shares 
$8.350.02%8.55%0.94%3.72%5.03%6.70%7.38%0.94%3.72%5.03%6.70%7.38%0.94%11.59%27.84%91.19%330.79%
Barclays U.S. Corporate High Yield Bond Index12.43%1.62%4.18%5.84%7.56%7.03%1.62%4.18%5.84%7.56%7.03%1.62%13.09%32.83%107.17%302.66%

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 11/1/16.

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

RISK STATISTICS
VS. Barclays U.S. Corporate High Yield Bond Index
AS OF 6/30/16

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
Alpha0.49-0.06N/AN/A
Beta0.770.871.001.00
R-Squared (%)91.3694.84100.00100.00
Standard Deviation4.815.966.006.65
Sharpe Ratio0.760.830.690.87
Information Ratio-0.24-0.51----

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

MORNINGSTAR PERCENTILEView Time Period:
As of 6/30/16As of 6/30/16
1 YR3 YR5 YR10 YRSINCE
INCEPTION
Percentile Ranking (%)302937272302937272
High Yield Bond Category
Rank/Count
235 / 791211 / 722229 / 626145 / 5335 / 225235 / 791211 / 722229 / 626145 / 5335 / 225

CALENDAR YEAR PERFORMANCE

GROWTH OF A $10,000 HYPOTHETICAL INVESTMENT

UP AND DOWN MARKET CAPTURE

AS OF 6/30/163 YR UP MARKET CAPTURE3 YR DOWN MARKET CAPTURE5 YR UP MARKET CAPTURE5 YR DOWN MARKET CAPTURE
Janus High-Yield Fund83.97%82.49%87.86%90.49%
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 6/30/2015
CLASS T SHARES
Management Fees0.56%
12b-1 FeesN/A
Other Expenses0.31%
Total Gross Expenses0.87%
Waivers0.00%
TOTAL NET EXPENSES0.87%