Janus Twenty Fund (JAVLX)

Focused Large-Cap Growth Equities

SHARE CLASS

  • T : JAVLX

FUND FACTS (JAVLX)

Inception Date4/30/1985
NAV (As of 8/26/16)$55.42
Total Net Assets (As of 7/31/16)$8.85B
Annual Expense Ratio
(As of fiscal year end 9/30/15)
GROSS 0.82%
NET 0.82%

Performance (As of 6/30/16)
1 Year0.70%
3 Year11.06%
5 Year10.40%
10 Year8.36%
Morningstar (As of 7/31/16)
CategoryLarge Growth
Equity
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.

Quarterly Commentary - Q2 2016

EXECUTIVE SUMMARY

U.S. stocks traded narrowly for much of the second quarter, although markets were jolted late in the quarter by the UK electorate’s surprise decision to leave the EU.

The Fund underperformed its benchmarks during the period.

We expect that the volatility markets have seen in the wake of the Brexit vote will continue. Therefore, we are investing in areas we believe have decent demand and the ability to grow regardless of global macroeconomic events.

FUND MANAGEMENT

Marc Pinto

Marc Pinto, CFA

Fund Manager since 2013
Industry since 1985