Janus Short-Term Bond Fund (JSHIX)

20+ Years of Fundamental Fixed Income Investing

SHARE CLASS

FUND FACTS (JSHIX)

Inception Date9/1/1992
NAV (As of 4/28/17)$3.02
Total Net Assets (As of 3/31/17)$2.10B
Annual Expense Ratio
(As of fiscal year end 6/30/16)
GROSS 0.65%
NET 0.54%

Yields

Distribution Yield at NAV (As of 3/31/17)

1.68%
30 Day SEC Yield (As of 3/31/17)
with waivers
without waivers

1.48%
1.38%
Distribution FrequencyMonthly
Performance (As of 3/31/17)
1 Year1.07%
3 Year0.91%
5 Year1.36%
10 Year2.87%
Morningstar (As of 3/31/17)
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.

Data as of 3/31/17. Index represents the Bloomberg Barclays 1-3 Year U.S. Government/Credit Index.

TOP HOLDINGS (% of Fund)

BellSouth LLC , 4.40%, 04/26/2017 2.41
Wells Fargo Bank NA , 1.65%, 01/22/2018 2.40
CIT Group Inc , 5.00%, 05/15/2018 1.99
Anheuser-Busch InBev Finance Inc , 1.90%, 02/01/2019 1.53
Citigroup Inc , 1.85%, 11/24/2017 1.51
Bank of America Corp , 6.40%, 08/28/2017 1.47
Morgan Stanley , 1.78%, 07/23/2019 1.40
Actavis Inc , 1.88%, 10/01/2017 1.39
American Tower Trust #1 , 1.55%, 03/15/2018 1.38
United States Treasury Note/Bond , 1.12%, 02/28/2019 1.34
TOTAL16.82

CHARACTERISTICS

Number of Holdings
Debt Issues

198
Portfolio Turnover Rate
(1-year trailing)

67.46%
Weighted Average Maturity
(years)

1.92
Effective Duration
(years)

1.46
Weighted Average Coupon2.78%

SECTOR ALLOCATION (% of Fund)

Credit-Investment Grade 62.83
Credit-High Yield 12.81
Treasuries 10.85
ABS 6.18
Bank Loans 4.50
CMBS 2.32
Cash & Equivalents 0.51

MATURITY BREAKDOWN OF FIXED INCOME HOLDINGS  (% of Fund)

< 1 yr 25.14
1 - 3 yrs 57.55
3 - 5 yrs 13.82
5 - 7 yrs 2.98

CREDIT QUALITY OF FIXED INCOME HOLDINGS (% of Fund)

Aaa 18.04
Aa 7.39
A 17.50
Baa 40.71
Ba 15.07
B 0.55
NOT RATED 0.23

Bond credit quality ratings provided by Barclays and reflect the middle rating received from Moody's, Standard & Poor's and Fitch, where all three agencies have provided a rating. If only two agencies rate a security, the lowest rating is used. If only one agency rates a security, that rating is used. Ratings are measured on a scale that ranges from Aaa (highest) to D (lowest).

DEVELOPED VS. EMERGING MARKET EXPOSURE (% of Fund)

U.S. 87.46
Non-U.S. Developed 11.35
Non-U.S. Emerging 0.68
Cash & Equivalents 0.51

REGIONS (% of Fund)

North America 88.75
Europe 8.73
Africa/Mideast 1.04
Asia/Pacific Ex Japan 0.97
Cash & Equivalents 0.51

Equity country, regional, sector and industry weights based on MSCI and GICS classifications. Fixed income country, regional, sector and industry weights based on Barclays classifications.