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.

PERFORMANCE View Time Period:
As of 5/22/15As of 4/30/15As 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 
$9.63-0.08%2.25%1.09%1.89%N/AN/A1.34%1.26%1.59%N/AN/A1.29%1.26%4.84%N/AN/A5.11%
Barclays U.S. 1-5 Year TIPS Index1.09%
(05/21/2015)
-0.71%-0.37%1.53%3.16%0.52%-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/AN/AN/AN/AN/A3.15%1.91%2.96%3.64%4.02%3.15%1.91%N/AN/AN/A12.61%

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
Alpha2.32--N/AN/A
Beta0.78--1.001.00
R-Squared (%)31.37--100.00100.00
Standard Deviation2.92--2.092.37
Sharpe Ratio0.67---0.200.62
Information Ratio0.96------

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 4/30/15
1 YR3 YR5 YR10 YRSINCE
INCEPTION
Percentile Ranking (%)8195N/AN/A957497N/AN/A96
Multisector Bond Category
Rank/Count
240 / 296230 / 242N/A / N/AN/A / N/A207 / 216210 / 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 4/30/153 YR UP MARKET
CAPTURE
3 YR DOWN MARKET
CAPTURE
5 YR UP MARKET
CAPTURE
5 YR DOWN MARKET
CAPTURE
Janus Real Return Fund133.95%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%