Janus Short-Term Bond Fund (JASBX)

20+ Years of Fundamental Fixed Income Investing

SHARE CLASS

FUND FACTS (JASBX)

Inception Date9/1/1992
NAV (As of 2/17/17)$3.03
Total Net Assets (As of 1/31/17)$2.16B
Annual Expense Ratio
(As of fiscal year end 6/30/16)
GROSS 0.84%
NET 0.74%

Yields

Distribution Yield at NAV (As of 1/31/17)

1.17%
30 Day SEC Yield (As of 1/31/17)
with waivers
without waivers

1.11%
1.01%
Distribution FrequencyMonthly
Performance (As of 12/31/16)
1 Year1.48%
3 Year0.74%
5 Year1.39%
10 Year2.98%
Morningstar (As of 1/31/17)
CategoryUS Fund Short-Term 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.

Returns greater than one year are annualized.

Net expense ratios reflect the expense waiver, if any, Janus Capital has contractually agreed to through 11/1/17.

Quarterly Commentary - Q4 2016

EXECUTIVE SUMMARY

The Fund outperformed its benchmark during the fourth quarter.

Our positioning in high-yield corporate credit was the leading contributor to relative performance.

We expect that investor optimism in conjunction with a stronger dollar and relatively higher oil prices will continue to propel rates upward across the yield curve in the coming year.

FUND MANAGEMENT

Darrell Watters

Darrell Watters

Fund Manager since 2007
Industry since 1986

Mayur Saigal

Mayur Saigal

Fund Manager since 2015
Industry since 2002