Janus High-Yield Fund (JAHYX)

Core High-Yield Fixed Income

SHARE CLASS

FUND FACTS (JAHYX)

Inception Date12/29/1995
NAV (As of 9/3/15 )$8.41
Total Net Assets (As of 7/31/15)$2.10B
Annual Expense Ratio
(As of fiscal year end 6/30/14)
GROSS 0.87%
NET 0.87%

Yields

Distribution Yield at NAV (As of 8/31/15)

5.16%
30 Day SEC Yield (As of 7/31/15)
with waivers
without waivers

5.44%
5.44%
Distribution FrequencyMonthly
Performance (As of 6/30/15)
1 Year-1.38%
3 Year6.16%
5 Year8.02%
10 Year7.09%
Morningstar (As of 7/31/15)
CategoryHigh Yield Bond
Overall Rating™
(Based on risk-adjusted returns)

View All Ratings

613 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.

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 9/3/15As of 8/31/15As of 6/30/15As of 6/30/15
Inception: Dec 29, 1995
PRICE1 DAY
RETURN

YTD
1 YR3 YR5 YR10 YRSINCE
INCEPTION
Class T Shares 
$8.410.13%2.51%-2.38%4.99%7.08%6.83%7.60%-1.38%6.16%8.02%7.09%7.72%-1.38%19.65%47.09%98.44%326.76%
Barclays U.S. Corporate High Yield Bond Index0.35%-2.93%4.91%7.34%7.43%7.12%-0.40%6.81%8.61%7.89%7.32%-0.40%21.85%51.15%113.66%296.25%

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
Alpha0.04-0.24N/AN/A
Beta0.960.981.001.00
R-Squared (%)94.4196.66100.00100.00
Standard Deviation4.235.894.305.89
Sharpe Ratio1.341.241.371.30
Information Ratio-0.22-0.36----

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

MORNINGSTAR PERCENTILEView Time Period:
As of 6/30/15As of 7/31/15
1 YR3 YR5 YR10 YRSINCE
INCEPTION
Percentile Ranking (%)543331253654737293
High Yield Bond Category
Rank/Count
427 / 791230 / 700189 / 615134 / 5296 / 246507 / 780325 / 697229 / 615152 / 5296 / 246

CALENDAR YEAR PERFORMANCE

GROWTH OF A $10,000 HYPOTHETICAL INVESTMENT

UP AND DOWN MARKET CAPTURE

AS OF 7/31/153 YR UP MARKET CAPTURE3 YR DOWN MARKET CAPTURE5 YR UP MARKET CAPTURE5 YR DOWN MARKET CAPTURE
Janus High-Yield Fund95.28%94.33%96.44%98.96%
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%