Janus Venture Fund (JAVTX)

Moderate Small-Cap Growth Equities

SHARE CLASS

FUND FACTS (JAVTX)

Inception Date4/30/1985
NAV (As of 5/22/15 )$68.94
Total Net Assets (As of 4/30/15)$2.94B
Annual Expense Ratio
(As of fiscal year end 9/30/14)
GROSS 0.93%
NET 0.93%

Performance (As of 3/31/15)
1 Year18.41%
3 Year18.90%
5 Year18.06%
10 Year11.13%
Morningstar (As of 4/30/15)
CategorySmall Growth
Overall Rating™
(Based on risk-adjusted returns)

View All Ratings

665 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 5/22/15As of 4/30/15As of 3/31/15As of 3/31/15
Inception: Apr 30, 1985
PRICE1 DAY
RETURN

YTD
1 YR3 YR5 YR10 YRSINCE
INCEPTION
Class T Shares 
$68.94-0.16%6.05%18.63%17.16%16.91%11.41%12.48%18.41%18.90%18.06%11.13%12.63%18.41%68.11%129.39%187.26%3412.44%
Russell 2000® Growth Index7.62%14.65%17.22%14.94%10.41%8.26%12.06%17.74%16.58%10.02%8.39%12.06%63.23%115.35%159.76%1014.65%
Russell 2000® Index4.42%9.71%15.87%12.73%9.18%9.90%8.21%16.27%14.57%8.82%10.02%8.21%57.19%97.37%132.80%1641.45%

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
Alpha2.764.36N/AN/A
Beta0.820.811.001.00
R-Squared (%)88.7292.50100.00100.00
Standard Deviation12.4315.3814.2318.37
Sharpe Ratio1.381.091.210.81
Information Ratio-0.010.36----

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

MORNINGSTAR PERCENTILEView Time Period:
As of 3/31/15As of 4/30/15
1 YR3 YR5 YR10 YRSINCE
INCEPTION
Percentile Ranking (%)51699132811813
Small Growth Category
Rank/Count
39 / 756115 / 72263 / 68751 / 5917 / 5012 / 74655 / 71272 / 67944 / 5827 / 50

CALENDAR YEAR PERFORMANCE

GROWTH OF A $10,000 HYPOTHETICAL INVESTMENT

UP AND DOWN MARKET CAPTURE

AS OF 4/30/153 YR UP MARKET
CAPTURE
3 YR DOWN MARKET
CAPTURE
5 YR UP MARKET
CAPTURE
5 YR DOWN MARKET
CAPTURE
Janus Venture Fund86.30%75.94%86.61%72.99%
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%