Janus Venture Fund (JVTIX)

Moderate Small-Cap Growth Equities

SHARE CLASS

FUND FACTS (JVTIX)

Inception Date4/30/1985
NAV (As of 4/28/17)$71.46
Total Net Assets (As of 3/31/17)$2.85B
Annual Expense Ratio
(As of fiscal year end 9/30/16)
GROSS 0.77%
NET 0.77%

Morningstar Fee Level
(As of 3/31/17)
Fee Level Group
(out of 578 funds)
Small Cap Institutional

Performance (As of 3/31/17)
1 Year18.90%
3 Year8.79%
5 Year12.91%
10 Year8.39%
Morningstar (As of 3/31/17)
CategoryUS Fund Small Growth
Overall Rating™
(Based on risk-adjusted returns)

View All Ratings

599 Funds Rated
Analyst Rating
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.

Net expense ratios reflect the expense waiver, if any, Janus Capital has contractually agreed to through 2/1/18.

PERFORMANCE View Time Period:
As of 4/28/17As of 3/31/17As of 3/31/17As of 3/31/17
Inception: Apr 30, 1985
PRICE1 DAY
RETURN

YTD
1 YR3 YR5 YR10 YRSINCE
INCEPTION
Class I Shares 
$71.46-0.58%8.80%18.90%8.79%12.91%8.39%12.07%18.90%8.79%12.91%8.39%12.07%18.90%28.76%83.49%123.75%3701.01%
Russell 2000® Growth Index7.29%23.03%6.72%12.10%8.06%8.12%23.03%6.72%12.10%8.06%8.12%23.03%21.54%77.04%117.00%1108.96%
Russell 2000® Index3.59%26.22%7.22%12.35%7.12%9.81%26.22%7.22%12.35%7.12%9.81%26.22%23.25%79.03%98.94%1883.47%

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 2/1/18.

Annual Expense Ratio: Gross: 0.77% / Net: 0.77% View Fees and Expenses

RISK STATISTICS
VS. Russell 2000® Growth Index
AS OF 3/31/17 (CLASS I SHARES)

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
Alpha2.662.46N/AN/A
Beta0.880.841.001.00
R-Squared (%)93.9891.09100.00100.00
Standard Deviation15.1113.4916.6215.24
Sharpe Ratio0.570.950.400.79
Information Ratio0.490.17----
MORNINGSTAR PERCENTILEView Time Period:
As of 3/31/17As of 3/31/17
1 YR3 YR5 YR10 YRSINCE
INCEPTION
Percentile Ranking (%)811513228811513228
US Fund Small Growth Category
Rank/Count
570 / 70298 / 67178 / 624122 / 5495 / 52570 / 70298 / 67178 / 624122 / 5495 / 52

CALENDAR YEAR PERFORMANCE

GROWTH OF A $10,000 HYPOTHETICAL INVESTMENT

UP AND DOWN MARKET CAPTURE

AS OF 3/31/17
(CLASS I SHARES)
3 YR UP MARKET CAPTURE3 YR DOWN MARKET CAPTURE5 YR UP MARKET CAPTURE5 YR DOWN MARKET CAPTURE
Janus Venture Fund97.28%88.43%88.61%79.91%
Russell 2000® Growth Index100.00%100.00%100.00%100.00%

ANNUAL FEES & EXPENSES

AS OF FISCAL YEAR END 9/30/2016
CLASS I SHARES
Management Fees0.64%
12b-1 FeesN/A
Other Expenses0.13%
Total Gross Expenses0.77%
Waivers0.00%
TOTAL NET EXPENSES0.77%