Janus Real Return Fund (JURTX)
Fixed Income Focused on Inflation Protection

SHARE CLASS

FUND FACTS (JURTX)

Inception Date5/13/2011
NAV (As of 3/2/15 )$9.64
Total Net Assets (As of 1/31/15)$13.86M
Annual Expense Ratio
(As of fiscal year end 6/30/14)
GROSS 2.16%
NET 0.73%

Yields

Distribution Yield at NAV (As of 2/28/15)

3.66%
30 Day SEC Yield (As of 1/31/15)
with waivers
without waivers

3.85%
2.36%
Distribution FrequencyMonthly
Performance (As of 12/31/14)
1 Year1.00%
3 Year2.79%
Since Inception0.87%
Morningstar (As of 1/31/15)
CategoryMultisector Bond
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.

Data as of 1/31/15. 

TOP HOLDINGS (% of Fund)

Meritage Homes Corp. , 4.50%, 03/01/2018 3.43
Tenet Healthcare Corp. , 6.25%, 11/01/2018 3.29
U.S. Treasury Notes/Bonds , 0.62%, 12/31/2016 3.19
Sabine Pass LNG LP , 7.50%, 11/30/2016 3.16
Holly Energy Partners LP / Holly Energy Finance Corp. , 6.50%, 03/01/2020 3.13
U.S. Treasury Notes/Bonds , 0.50%, 11/30/2016 3.09
Crestwood Midstream Partners LP / Crestwood Midstream Finance Corp. , 7.75%, 04/01/2019 2.65
SM Energy Co. , 6.62%, 02/15/2019 2.57
Ford Motor Credit Co. LLC , 4.25%, 02/03/2017 2.52
MGM Resorts International , 7.50%, 06/01/2016 2.23
TOTAL29.26

CHARACTERISTICS

Number of Holdings
Debt Issues

78
Portfolio Turnover Rate
(1-year trailing)

94.47%
Weighted Average Maturity
(years)

5.81
Effective Duration
(years)

2.65
Weighted Average Coupon5.82%

SECTOR ALLOCATION (% of Fund)

Non-US Preferred Stock 0.57
US Preferred Stock 0.26
Credit-High Yield 69.36
Credit-Investment Grade 14.81
Treasuries 10.29
CMBS 1.94
Bank Loans 1.33
Convertibles 0.33
Cash & Equivalents 1.11

MATURITY BREAKDOWN OF FIXED INCOME HOLDINGS  (% of Fund)

< 1 yr 6.59
1 - 3 yrs 36.37
3 - 5 yrs 30.56
5 - 7 yrs 14.28
7 - 10 yrs 5.21
> 20 yrs 5.05

S&P QUALITY RATING OF FIXED INCOME HOLDINGS (% of Fund)

AA 10.29
A 1.30
BBB 14.06
BB 46.14
B 21.85
CCC 4.09
NOT RATED 0.33

Bond ratings provided by Standard & Poor's. Not rated securities are not rated by S&P but may be rated by other rating agencies.

DEVELOPED VS. EMERGING MARKET EXPOSURE (% of Fund)

U.S. 93.55
Non-U.S. Developed 4.04
Non-U.S. Emerging 1.30
Cash & Equivalents 1.11

REGIONS (% of Fund)

North America 93.55
Europe 4.01
Asia/Pacific Ex Japan 1.33
Cash & Equivalents 1.11

Equity country, regional, sector and industry weights based on MSCI and GICS classifications. Fixed income country, regional, sector and industry weights based on Barclays classifications.