Janus Venture Fund (JAVTX)

Moderate Small-Cap Growth Equities

SHARE CLASS

FUND FACTS (JAVTX)

Inception Date4/30/1985
NAV (As of 9/1/15 )$62.80
Total Net Assets (As of 7/31/15)$3.08B
Annual Expense Ratio
(As of fiscal year end 9/30/14)
GROSS 0.93%
NET 0.93%

Performance (As of 6/30/15)
1 Year15.29%
3 Year20.32%
5 Year20.82%
10 Year10.96%
Morningstar (As of 7/31/15)
CategorySmall Growth
Overall Rating™
(Based on risk-adjusted returns)

View All Ratings

664 Funds Rated
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.

Net expense ratios reflect the expense waiver, if any, Janus Capital has contractually agreed to through 2/1/16.

PERFORMANCE View Time Period:
As of 9/1/15As of 8/31/15As of 6/30/15As of 6/30/15
Inception: Apr 30, 1985
PRICE1 DAY
RETURN

YTD
1 YR3 YR5 YR10 YRSINCE
INCEPTION
Class T Shares 
$62.80-2.61%-3.40%7.38%17.03%19.50%9.77%12.25%15.29%20.32%20.82%10.96%12.60%15.29%74.19%157.49%182.91%3487.87%
Russell 2000® Growth Index-1.72%20.07%20.98%17.90%9.16%8.38%12.34%20.11%19.33%9.86%8.39%12.34%73.28%141.92%155.99%1036.68%
Russell 2000® Index-5.59%12.03%17.90%15.27%7.61%9.88%6.49%17.81%17.08%8.40%9.95%6.49%63.53%120.03%124.11%1648.78%

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.

Net expense ratios reflect the expense waiver, if any, Janus Capital has contractually agreed to through 2/1/16.

Annual Expense Ratio: Gross: 0.93% / Net: 0.93% View Fees and Expenses

RISK STATISTICS
VS. Russell 2000® Growth Index

VIEW RISK STATISTICS DEFINITIONS

Alpha
Compares the risk-adjusted performance of a portfolio to a benchmark index.
Beta
A measure of the volatility of a portfolio in comparison to a benchmark index.
R-Squared
Represents the percentage of the portfolio’s performance that can be explained by the general movements of a benchmark index.
Standard Deviation
Measures historical volatility.
Sharpe Ratio
Measures risk-adjusted performance by dividing the portfolio’s excess returns by the standard deviation of those returns.
Information Ratio
Measure of a portfolio management’s performance against risk and return relative to a benchmark or alternative measure.
FUNDINDEX
Alpha3.465.13N/AN/A
Beta0.820.811.001.00
R-Squared (%)86.8292.85100.00100.00
Standard Deviation11.5214.7813.0617.51
Sharpe Ratio1.821.371.601.02
Information Ratio0.000.47----

Statistics are for the Fund’s “parent” share class (typically that with the longest history).

MORNINGSTAR PERCENTILEView Time Period:
As of 6/30/15As of 7/31/15
1 YR3 YR5 YR10 YRSINCE
INCEPTION
Percentile Ranking (%)2220691282010912
Small Growth Category
Rank/Count
172 / 771144 / 72840 / 70550 / 5997 / 5556 / 760143 / 72771 / 69852 / 5997 / 54

CALENDAR YEAR PERFORMANCE

GROWTH OF A $10,000 HYPOTHETICAL INVESTMENT

UP AND DOWN MARKET CAPTURE

AS OF 7/31/153 YR UP MARKET CAPTURE3 YR DOWN MARKET CAPTURE5 YR UP MARKET CAPTURE5 YR DOWN MARKET CAPTURE
Janus Venture Fund88.33%73.00%89.44%71.02%
Russell 2000® Growth Index100.00%100.00%100.00%100.00%

Statistics are for the Fund’s “parent” share class (typically that with the longest history).

ANNUAL FEES & EXPENSES

AS OF FISCAL YEAR END 9/30/2014
CLASS T SHARES
Management Fees0.64%
12b-1 FeesN/A
Other Expenses0.29%
Total Gross Expenses0.93%
Waivers0.00%
TOTAL NET EXPENSES0.93%