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

SHARE CLASS

FUND FACTS (JURTX)

Inception Date5/13/2011
NAV (As of 4/24/15 )$9.67
Total Net Assets (As of 3/31/15)$14.13M
Annual Expense Ratio
(As of fiscal year end 6/30/14)
GROSS 2.16%
NET 0.73%

Yields

Distribution Yield at NAV (As of 3/31/15)

3.50%
30 Day SEC Yield (As of 3/31/15)
with waivers
without waivers

3.45%
1.95%
Distribution FrequencyMonthly
Performance (As of 3/31/15)
1 Year1.26%
3 Year1.59%
Since Inception1.29%
Morningstar (As of 3/31/15)
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 3/31/15. 

TOP HOLDINGS (% of Fund)

Meritage Homes Corp. , 4.50%, 03/01/2018 3.39
Tenet Healthcare Corp. , 6.25%, 11/01/2018 3.25
Sabine Pass LNG LP , 7.50%, 11/30/2016 3.17
U.S. Treasury Notes/Bonds , 0.62%, 12/31/2016 3.14
Holly Energy Partners LP / Holly Energy Finance Corp. , 6.50%, 03/01/2020 3.05
Crestwood Midstream Partners LP / Crestwood Midstream Finance Corp. , 7.75%, 04/01/2019 2.69
SM Energy Co. , 6.62%, 02/15/2019 2.50
Ford Motor Credit Co. LLC , 4.25%, 02/03/2017 2.43
MGM Resorts International , 7.50%, 06/01/2016 2.21
Reckson Operating Partnership LP , 6.00%, 03/31/2016 2.18
TOTAL28.01

CHARACTERISTICS

Number of Holdings
Debt Issues

76
Portfolio Turnover Rate
(1-year trailing)

81.64%
Weighted Average Maturity
(years)

6.27
Effective Duration
(years)

2.85
Weighted Average Coupon5.88%

SECTOR ALLOCATION (% of Fund)

Non-US Preferred Stock 0.56
US Preferred Stock 0.26
Credit-High Yield 67.46
Credit-Investment Grade 14.47
Treasuries 11.58
CMBS 1.91
Bank Loans 1.13
Convertibles 0.33
Cash & Equivalents 2.30

MATURITY BREAKDOWN OF FIXED INCOME HOLDINGS  (% of Fund)

< 1 yr 9.02
1 - 3 yrs 32.49
3 - 5 yrs 31.83
5 - 7 yrs 10.82
7 - 10 yrs 6.06
> 20 yrs 6.66

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

AA 11.58
A 1.28
BBB 13.57
BB 43.37
B 22.68
CCC 4.07
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. 92.64
Non-U.S. Developed 3.80
Non-U.S. Emerging 1.26
Cash & Equivalents 2.30

REGIONS (% of Fund)

North America 92.64
Europe 3.93
Asia/Pacific Ex Japan 1.13
Cash & Equivalents 2.30

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.