Janus Research Fund (JAMRX)

Large-Cap Growth Utilizing Our Analysts' Best Ideas

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FUND FACTS (JAMRX)

Inception Date5/3/1993
NAV (As of 7/31/15 )$46.64
Total Net Assets (As of 6/30/15)$4.74B
Annual Expense Ratio
(As of fiscal year end 9/30/14)
GROSS 0.80%
NET 0.80%

Performance (As of 6/30/15)
1 Year12.53%
3 Year20.48%
5 Year18.21%
10 Year9.95%
Morningstar (As of 6/30/15)
CategoryLarge Growth
Overall Rating™
(Based on risk-adjusted returns)

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1533 Funds Rated
Equity
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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.

Quarterly Commentary - Q2 2015

EXECUTIVE SUMMARY

U.S. major indices achieved record highs before fading at the end of the quarter, while volume and volatility remained muted.

The fund underperformed its benchmark, with holdings in the health care and industrial sectors detracting from results. Stock selection in the communications and financial sectors contributed to relative performance.

We continue to see potential for growth in equities.

FUND MANAGEMENT