Janus Short-Term Bond Fund (JASBX)

25+ Years of Fundamental Fixed Income Investing



Inception Date9/1/1992
NAV (As of 6/30/15 )$3.04
Total Net Assets (As of 5/31/15)$2.65B
Annual Expense Ratio
(As of fiscal year end 6/30/14)
GROSS 0.84%
NET 0.74%


Distribution Yield at NAV (As of 6/30/15)

30 Day SEC Yield (As of 5/31/15)
with waivers
without waivers

Distribution FrequencyMonthly
Performance (As of 3/31/15)
1 Year0.78%
3 Year1.36%
5 Year1.94%
10 Year3.50%
Morningstar (As of 5/31/15)
CategoryShort-Term Bond
Overall Rating™
(Based on risk-adjusted returns)

View All Ratings

472 Funds Rated
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.

Quarterly Commentary - Q1 2015


Outperformance was driven largely by the extra income generated by the Fund’s corporate credit securities.

During the quarter, short-term rates fell as the possibility grew that an anticipated rate hike by the Federal Reserve may not occur as soon as had been expected.

While our corporate credit allocation is beneath the Fund’s more recent norm,we have kept our corporate credit overweight amid historically low rates.

Uncertainty around the timing of the Federal Reserve’s anticipated rate hike will continue to fuel volatility in the fixed income market, and we continue to position the Fund more defensively.


Gibson Smith

Fund Manager since 2010
Industry since 1991

Darrell Watters

Fund Manager since 2007
Industry since 1986