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

SHARE CLASS

FUND FACTS (JURTX)

Inception Date5/13/2011
NAV (As of 4/17/15 )$9.68
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.

PERFORMANCE View Time Period:
As of 4/17/15As of 3/31/15As of 3/31/15As of 3/31/15
Inception: May 13, 2011
PRICE1 DAY
RETURN

YTD
1 YR3 YR5 YR10 YRSINCE
INCEPTION
Class T Shares 
$9.680.01%2.36%1.26%1.59%N/AN/A1.29%1.26%1.59%N/AN/A1.29%1.26%4.84%N/AN/A5.11%
Barclays U.S. 1-5 Year TIPS Index1.30%-0.89%-0.50%1.52%3.18%0.33%-0.89%-0.50%1.52%3.18%0.33%-0.89%-1.50%7.84%36.77%1.29%
Consumer Price Index (CPI) + 2%N/A
(01/31/2015)
N/AN/AN/AN/A3.01%2.76%3.33%3.69%4.12%3.07%2.76%N/AN/AN/A11.44%

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 11/1/15.

Annual Expense Ratio: Gross: 2.16% / Net: 0.73% View Fees and Expenses

RISK STATISTICS
VS. Barclays U.S. 1-5 Year TIPS Index

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
Alpha2.15--N/AN/A
Beta0.78--1.001.00
R-Squared (%)29.52--100.00100.00
Standard Deviation2.94--2.052.37
Sharpe Ratio0.57---0.270.61
Information Ratio0.88------

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

MORNINGSTAR PERCENTILEView Time Period:
As of 3/31/15As of 3/31/15
1 YR3 YR5 YR10 YRSINCE
INCEPTION
Percentile Ranking (%)7497N/AN/A967497N/AN/A96
Multisector Bond Category
Rank/Count
210 / 284230 / 237N/A / N/AN/A / N/A206 / 213210 / 284230 / 237N/A / N/AN/A / N/A206 / 213

CALENDAR YEAR PERFORMANCE

GROWTH OF A $10,000 HYPOTHETICAL INVESTMENT

UP AND DOWN MARKET CAPTURE

AS OF 3/31/153 YR UP MARKET
CAPTURE
3 YR DOWN MARKET
CAPTURE
5 YR UP MARKET
CAPTURE
5 YR DOWN MARKET
CAPTURE
Janus Real Return Fund129.97%52.19%----
Barclays U.S. 1-5 Year TIPS 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 6/30/2014
CLASS T SHARES
Management Fees0.55%
12b-1 FeesN/A
Other Expenses1.61%
Total Gross Expenses2.16%
Waivers-1.43%
TOTAL NET EXPENSES0.73%