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 1/19/17)$3.02
Total Net Assets (As of 12/31/16)$2.28B
Annual Expense Ratio
(As of fiscal year end 6/30/16)
GROSS 0.84%
NET 0.74%

Yields

Distribution Yield at NAV (As of 12/31/16)

1.44%
30 Day SEC Yield (As of 12/31/16)
with waivers
without waivers

1.10%
1.00%
Distribution FrequencyMonthly
Performance (As of 12/31/16)
1 Year1.48%
3 Year0.74%
5 Year1.39%
10 Year2.98%
Morningstar (As of 12/31/16)
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 12/31/16. 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 2.82
Wells Fargo Bank NA , 1.65%, 01/22/2018 2.23
BellSouth LLC , 4.40%, 04/26/2017 2.22
United States Treasury Bill , 0.00%, 01/12/2017 2.22
United States Treasury Bill , 0.00%, 03/16/2017 2.22
United States Treasury Note/Bond , 0.88%, 07/15/2018 2.10
United States Treasury Note/Bond , 0.88%, 01/15/2018 1.91
CIT Group Inc , 5.00%, 05/15/2018 1.83
United States Treasury Bill , 0.00%, 11/09/2017 1.62
Anheuser-Busch InBev Finance Inc , 1.90%, 02/01/2019 1.42
TOTAL20.59

CHARACTERISTICS

Number of Holdings
Debt Issues

193
Portfolio Turnover Rate
(1-year trailing)

60.43%
Weighted Average Maturity
(years)

1.71
Effective Duration
(years)

1.36
Weighted Average Coupon2.57%

SECTOR ALLOCATION (% of Fund)

Credit-Investment Grade 54.00
Treasuries 23.97
Credit-High Yield 10.74
ABS 5.97
Bank Loans 2.79
CMBS 2.28
Cash & Equivalents 0.25

MATURITY BREAKDOWN OF FIXED INCOME HOLDINGS  (% of Fund)

< 1 yr 26.03
1 - 3 yrs 62.38
3 - 5 yrs 8.80
5 - 7 yrs 2.54

CREDIT QUALITY OF FIXED INCOME HOLDINGS (% of Fund)

Aaa 31.20
Aa 4.92
A 13.31
Baa 37.88
Ba 11.57
B 0.82
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. 88.68
Non-U.S. Developed 10.44
Non-U.S. Emerging 0.63
Cash & Equivalents 0.25

REGIONS (% of Fund)

North America 89.88
Europe 7.84
Asia/Pacific Ex Japan 1.41
Africa/Mideast 0.62
Cash & Equivalents 0.25

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.