Janus High-Yield Fund (JAHYX)

Core High-Yield Fixed Income

SHARE CLASS

FUND FACTS (JAHYX)

Inception Date12/29/1995
NAV (As of 12/2/16)$8.34
Total Net Assets (As of 10/31/16)$2.00B
Annual Expense Ratio
(As of fiscal year end 6/30/16)
GROSS 0.87%
NET 0.87%

Yields

Distribution Yield at NAV (As of 11/30/16)

6.23%
30 Day SEC Yield (As of 10/31/16)
with waivers
without waivers

5.45%
5.45%
Distribution FrequencyMonthly
Performance (As of 9/30/16)
1 Year8.72%
3 Year4.39%
5 Year7.35%
10 Year6.79%
Morningstar (As of 10/31/16)
CategoryHigh Yield Bond
Overall Rating™
(Based on risk-adjusted returns)

View All Ratings

656 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 12/2/16As of 11/30/16As of 9/30/16As of 9/30/16
Inception: Dec 29, 1995
PRICE1 DAY
RETURN

YTD
1 YR3 YR5 YR10 YRSINCE
INCEPTION
Class T Shares 
$8.340.14%10.84%8.33%3.47%6.68%6.52%7.46%8.72%4.39%7.35%6.79%7.52%8.72%13.75%42.56%92.81%350.08%
Bloomberg Barclays U.S. Corporate High Yield Bond Index15.00%
(12/01/2016)
12.73%5.28%8.34%7.71%7.22%12.11%4.21%7.53%7.37%7.16%12.73%16.70%49.26%110.12%325.01%

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 10/31/16

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
Alpha0.280.39N/AN/A
Beta0.750.821.001.00
R-Squared (%)91.8393.34100.00100.00
Standard Deviation4.704.856.015.69
Sharpe Ratio0.771.280.741.25
Information Ratio-0.42-0.54----

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

MORNINGSTAR PERCENTILEView Time Period:
As of 9/30/16As of 10/31/16
1 YR3 YR5 YR10 YRSINCE
INCEPTION
Percentile Ranking (%)453438282693645303
High Yield Bond Category
Rank/Count
355 / 795247 / 726240 / 625152 / 5365 / 226542 / 788266 / 732282 / 626159 / 5366 / 225

CALENDAR YEAR PERFORMANCE

GROWTH OF A $10,000 HYPOTHETICAL INVESTMENT

UP AND DOWN MARKET CAPTURE

AS OF 10/31/163 YR UP MARKET CAPTURE3 YR DOWN MARKET CAPTURE5 YR UP MARKET CAPTURE5 YR DOWN MARKET CAPTURE
Janus High-Yield Fund80.97%82.21%86.72%86.56%
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%