Janus Real Return Fund (JURTX)

Fixed Income Focused on Inflation Protection

SHARE CLASS

FUND FACTS (JURTX)

Inception Date5/13/2011
NAV (As of 8/31/15 )$9.50
Total Net Assets (As of 7/31/15)$14.79M
Annual Expense Ratio
(As of fiscal year end 6/30/14)
GROSS 2.16%
NET 0.73%

Yields

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

4.34%
30 Day SEC Yield (As of )
with waivers
without waivers

N/A
N/A
Distribution FrequencyMonthly
Performance (As of 6/30/15)
1 Year0.18%
3 Year2.95%
Since Inception1.24%
Morningstar (As of 7/31/15)
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 7/31/15. 

TOP HOLDINGS (% of Fund)

Meritage Homes Corp , 4.50%, 03/01/2018 3.27
Tenet Healthcare Corp , 6.25%, 11/01/2018 3.10
Holly Energy Partners LP / Holly Energy Finance Corp , 6.50%, 03/01/2020 3.04
Sabine Pass LNG LP , 7.50%, 11/30/2016 2.93
United States Treasury Note/Bond , 3.00%, 05/15/2045 2.77
Ford Motor Credit Co LLC , 4.25%, 02/03/2017 2.33
MGM Resorts International , 7.50%, 06/01/2016 2.07
Reckson Operating Partnership LP , 6.00%, 03/31/2016 2.03
Valeant Pharmaceuticals International Inc , 5.38%, 03/15/2020 1.95
Univision Communications Inc , 6.75%, 09/15/2022 1.93
TOTAL25.42

CHARACTERISTICS

Number of Holdings
Debt Issues

74
Portfolio Turnover Rate
(1-year trailing)

81.01%
Weighted Average Maturity
(years)

6.37
Effective Duration
(years)

2.98
Weighted Average Coupon5.69%

SECTOR ALLOCATION (% of Fund)

Non-US Preferred Stock 0.54
US Preferred Stock 0.27
Credit-High Yield 63.15
Credit-Investment Grade 11.97
Treasuries 7.08
CMBS 1.83
Bank Loans 1.08
Convertibles 0.31
Cash & Equivalents 13.77

MATURITY BREAKDOWN OF FIXED INCOME HOLDINGS  (% of Fund)

< 1 yr 11.40
1 - 3 yrs 31.97
3 - 5 yrs 21.92
5 - 7 yrs 7.63
7 - 10 yrs 5.75
> 20 yrs 6.75

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

AA 7.08
A 0.51
BBB 11.83
BB 43.82
B 18.05
CCC 3.82
NOT RATED 0.31

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

MOODY'S QUALITY RATING OF FIXED INCOME HOLDINGS (% of Fund)

Aaa 7.08
A 0.51
Baa 9.84
Ba 35.49
B 23.84
Caa 5.09
NOT RATED 3.57

Bond ratings provided by Moody's Investors Service. Not rated securities are not rated by Moody's but may be rated by other rating agencies.

DEVELOPED VS. EMERGING MARKET EXPOSURE (% of Fund)

U.S. 78.45
Non-U.S. Developed 6.55
Non-U.S. Emerging 1.23
Cash & Equivalents 13.77

REGIONS (% of Fund)

North America 78.45
Europe 6.70
Asia/Pacific Ex Japan 1.08
Cash & Equivalents 13.77

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.