Janus Real Return Fund (JURTX)

Fixed Income Focused on Inflation Protection

SHARE CLASS

FUND FACTS (JURTX)

Inception Date5/13/2011
NAV (As of 5/22/15 )$9.63
Total Net Assets (As of 4/30/15)$14.02M
Annual Expense Ratio
(As of fiscal year end 6/30/14)
GROSS 2.16%
NET 0.73%

Yields

Distribution Yield at NAV (As of 4/30/15)

3.45%
30 Day SEC Yield (As of 4/30/15)
with waivers
without waivers

3.17%
1.90%
Distribution FrequencyMonthly
Performance (As of 3/31/15)
1 Year1.26%
3 Year1.59%
Since Inception1.29%
Morningstar (As of 4/30/15)
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 4/30/15. 

TOP HOLDINGS (% of Fund)

Meritage Homes Corp , 4.50%, 03/01/2018 3.43
Tenet Healthcare Corp , 6.25%, 11/01/2018 3.29
Sabine Pass LNG LP , 7.50%, 11/30/2016 3.22
Holly Energy Partners LP / Holly Energy Finance Corp , 6.50%, 03/01/2020 3.11
SM Energy Co , 6.62%, 02/15/2019 2.58
Ford Motor Credit Co LLC , 4.25%, 02/03/2017 2.45
MGM Resorts International , 7.50%, 06/01/2016 2.25
Reckson Operating Partnership LP , 6.00%, 03/31/2016 2.20
Sally Holdings LLC / Sally Capital Inc , 6.88%, 11/15/2019 2.08
Vulcan Materials Co , 7.00%, 06/15/2018 2.05
TOTAL26.66

CHARACTERISTICS

Number of Holdings
Debt Issues

79
Portfolio Turnover Rate
(1-year trailing)

82.48%
Weighted Average Maturity
(years)

5.48
Effective Duration
(years)

2.72
Weighted Average Coupon6.01%

SECTOR ALLOCATION (% of Fund)

Non-US Preferred Stock 0.57
US Preferred Stock 0.29
Credit-High Yield 73.20
Credit-Investment Grade 14.59
Treasuries 5.96
CMBS 1.93
Bank Loans 1.15
Convertibles 0.32
Cash & Equivalents 1.99

MATURITY BREAKDOWN OF FIXED INCOME HOLDINGS  (% of Fund)

< 1 yr 10.16
1 - 3 yrs 34.29
3 - 5 yrs 29.49
5 - 7 yrs 10.51
7 - 10 yrs 7.10
> 20 yrs 5.60

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

AA 5.96
A 1.30
BBB 13.69
BB 46.29
B 25.49
CCC 4.10
NOT RATED 0.32

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. 86.21
Non-U.S. Developed 11.56
Non-U.S. Emerging 0.24
Cash & Equivalents 1.99

REGIONS (% of Fund)

North America 86.20
Europe 9.51
Asia/Pacific Ex Japan 1.15
Japan 1.15
Cash & Equivalents 1.99

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.