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

SHARE CLASS

FUND FACTS (JURTX)

Inception Date5/13/2011
NAV (As of 3/4/15 )$9.63
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.

PERFORMANCE View Time Period:
As of 3/4/15As of 2/28/15As of 12/31/14As of 12/31/14
Inception: May 13, 2011
PRICE1 DAY
RETURN

YTD
1 YR3 YR5 YR10 YRSINCE
INCEPTION
Class T Shares 
$9.63-0.09%1.38%1.28%1.39%N/AN/A1.24%1.00%2.79%N/AN/A0.87%1.00%8.62%N/AN/A3.20%
Barclays U.S. 1-5 Year TIPS Index0.62%N/AN/AN/AN/A0.44%-1.13%-0.16%1.63%N/A0.23%-1.13%-0.49%8.40%N/A0.83%
Consumer Price Index (CPI) + 2%N/A
(01/31/2015)
N/AN/AN/AN/A2.91%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
Alpha2.07--N/AN/A
Beta0.86--1.001.00
R-Squared (%)31.62--100.00100.00
Standard Deviation3.12--2.042.35
Sharpe Ratio0.57---0.130.66
Information Ratio0.80------

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

MORNINGSTAR PERCENTILE View Time Period:
As of 12/31/14As of 1/31/15
1 YR3 YR5 YR10 YRSINCE
INCEPTION
Percentile Ranking (%)8696N/AN/A19195N/AN/A97
Multisector Bond Category
Rank/Count
248 / 287240 / 248N/A / N/AN/A / N/A1 / 1260 / 284234 / 246N/A / N/AN/A / N/A215 / 221

CALENDAR YEAR PERFORMANCE

GROWTH OF A $10,000 HYPOTHETICAL INVESTMENT

UP AND DOWN MARKET CAPTURE

AS OF 1/31/153 YR UP MARKET
CAPTURE
3 YR DOWN MARKET
CAPTURE
5 YR UP MARKET
CAPTURE
5 YR DOWN MARKET
CAPTURE
Janus Real Return Fund150.02%73.64%----
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%