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 12/8/16)$3.02
Total Net Assets (As of 10/31/16)$2.39B
Annual Expense Ratio
(As of fiscal year end 6/30/16)
GROSS 0.84%
NET 0.74%

Yields

Distribution Yield at NAV (As of 11/30/16)

1.23%
30 Day SEC Yield (As of 11/30/16)
with waivers
without waivers

1.03%
0.94%
Distribution FrequencyMonthly
Performance (As of 9/30/16)
1 Year1.45%
3 Year1.06%
5 Year1.54%
10 Year3.12%
Morningstar (As of 11/30/16)
CategoryShort-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 10/31/16. Index represents the Bloomberg Barclays 1-3 Year U.S. Government/Credit Index.

TOP HOLDINGS (% of Fund)

United States Treasury Note/Bond , 0.75%, 01/31/2018 2.70
Wells Fargo Bank NA , 1.65%, 01/22/2018 2.13
BellSouth LLC , 4.40%, 04/26/2017 2.13
United States Treasury Note/Bond , 0.88%, 07/15/2018 2.01
United States Treasury Note/Bond , 0.88%, 01/15/2018 1.82
United States Treasury Note/Bond , 1.00%, 12/31/2017 1.82
CIT Group Inc , 5.00%, 05/15/2017 1.78
United States Treasury Note/Bond , 1.00%, 09/15/2018 1.54
Verizon Communications Inc , 1.35%, 06/09/2017 1.48
United States Treasury Note/Bond , 1.75%, 12/31/2020 1.38
TOTAL18.79

CHARACTERISTICS

Number of Holdings
Debt Issues

204
Portfolio Turnover Rate
(1-year trailing)

50.30%
Weighted Average Maturity
(years)

2.07
Effective Duration
(years)

1.72
Weighted Average Coupon2.46%

SECTOR ALLOCATION (% of Fund)

Credit-Investment Grade 55.52
Treasuries 23.56
Credit-High Yield 10.21
ABS 5.22
Bank Loans 2.69
CMBS 2.30
Cash & Equivalents 0.50

MATURITY BREAKDOWN OF FIXED INCOME HOLDINGS  (% of Fund)

< 1 yr 20.36
1 - 3 yrs 60.46
3 - 5 yrs 15.58
5 - 7 yrs 1.90
7 - 10 yrs 1.20

CREDIT QUALITY OF FIXED INCOME HOLDINGS (% of Fund)

Aaa 28.25
Aa 6.58
A 14.34
Baa 38.78
Ba 10.34
B 1.16
NOT RATED 0.05

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. 88.54
Non-U.S. Developed 10.36
Non-U.S. Emerging 0.60
Cash & Equivalents 0.50

REGIONS (% of Fund)

North America 89.69
Europe 7.86
Asia/Pacific Ex Japan 1.35
Africa/Mideast 0.60
Cash & Equivalents 0.50

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.