Janus High-Yield Fund (JAHYX)

Core High-Yield Fixed Income

SHARE CLASS

FUND FACTS (JAHYX)

Inception Date12/29/1995
NAV (As of 2/12/16 )$7.67
Total Net Assets (As of 12/31/15)$1.90B
Annual Expense Ratio
(As of fiscal year end 6/30/15)
GROSS 0.87%
NET 0.87%

Yields

Distribution Yield at NAV (As of 1/31/16)

5.10%
30 Day SEC Yield (As of 1/31/16)
with waivers
without waivers

6.50%
6.50%
Distribution FrequencyMonthly
Performance (As of 12/31/15)
1 Year-1.40%
3 Year2.13%
5 Year4.68%
10 Year6.41%
Morningstar (As of 1/31/16)
CategoryHigh Yield Bond
Overall Rating™
(Based on risk-adjusted returns)

View All Ratings

636 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 2/12/16As of 1/31/16As of 12/31/15As of 12/31/15
Inception: Dec 29, 1995
PRICE1 DAY
RETURN

YTD
1 YR3 YR5 YR10 YRSINCE
INCEPTION
Class T Shares 
$7.670.28%-2.74%-3.54%1.33%4.03%6.16%7.17%-1.40%2.13%4.68%6.41%7.27%-1.40%6.54%25.67%86.09%307.14%
Barclays U.S. Corporate High Yield Bond Index-5.16%
(02/11/2016)
-6.62%0.70%4.24%6.62%6.63%-4.47%1.69%5.04%6.96%6.75%-4.47%5.16%27.86%95.94%269.22%

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 12/31/15

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
Alpha0.630.02N/AN/A
Beta0.880.921.001.00
R-Squared (%)93.9896.70100.00100.00
Standard Deviation4.835.875.346.25
Sharpe Ratio0.430.790.310.80
Information Ratio0.32-0.31----

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

MORNINGSTAR PERCENTILEView Time Period:
As of 12/31/15As of 1/31/16
1 YR3 YR5 YR10 YRSINCE
INCEPTION
Percentile Ranking (%)222732202162834212
High Yield Bond Category
Rank/Count
171 / 789190 / 714197 / 617104 / 5255 / 239126 / 789198 / 713211 / 618111 / 5245 / 240

CALENDAR YEAR PERFORMANCE

GROWTH OF A $10,000 HYPOTHETICAL INVESTMENT

UP AND DOWN MARKET CAPTURE

AS OF 12/31/153 YR UP MARKET CAPTURE3 YR DOWN MARKET CAPTURE5 YR UP MARKET CAPTURE5 YR DOWN MARKET CAPTURE
Janus High-Yield Fund92.76%85.80%91.81%91.87%
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%