Perkins Select Value Fund (JSVTX)

Defensive Opportunistic All-Cap Value Equities

SHARE CLASS

FUND FACTS (JSVTX)

Inception Date12/15/2011
NAV (As of 2/10/16 )$10.59
Total Net Assets (As of 12/31/15)$77.65M
Annual Expense Ratio
(As of fiscal year end 6/30/15)
GROSS 1.01%
NET 0.89%

Performance (As of 12/31/15)
1 Year0.20%
3 Year9.63%
Since Inception10.77%
Morningstar (As of 1/31/16)
CategoryMid-Cap Value
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 11/1/16.

PERFORMANCE View Time Period:
As of 2/10/16As of 1/31/16As of 12/31/15As of 12/31/15
Inception: Dec 15, 2011
PRICE1 DAY
RETURN

YTD
1 YR3 YR5 YR10 YRSINCE
INCEPTION
Class T Shares 
$10.59-0.09%-7.91%-2.95%6.03%N/AN/A9.40%0.20%9.63%N/AN/A10.77%0.20%31.75%N/AN/A51.25%
Russell 3000® Value Index-9.33%-5.41%8.45%9.33%5.09%13.08%-4.13%12.76%10.98%6.11%14.91%-4.13%43.36%68.34%80.91%75.42%

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 11/1/16.

Annual Expense Ratio: Gross: 1.01% / Net: 0.89% View Fees and Expenses

RISK STATISTICS
VS. Russell 3000® Value Index
AS OF 12/31/15

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
Alpha0.22--N/AN/A
Beta0.76--1.001.00
R-Squared (%)88.03--100.00100.00
Standard Deviation8.77--10.9012.27
Sharpe Ratio1.11--1.170.89
Information Ratio-0.73------

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

MORNINGSTAR PERCENTILEView Time Period:
As of 12/31/15As of 1/31/16
1 YR3 YR5 YR10 YRSINCE
INCEPTION
Percentile Ranking (%)767N/AN/A83982N/AN/A87
Mid-Cap Value Category
Rank/Count
34 / 481297 / 443N/A / N/AN/A / N/A356 / 42844 / 485370 / 447N/A / N/AN/A / N/A376 / 432

CALENDAR YEAR PERFORMANCE

GROWTH OF A $10,000 HYPOTHETICAL INVESTMENT

UP AND DOWN MARKET CAPTURE

AS OF 12/31/153 YR UP MARKET CAPTURE3 YR DOWN MARKET CAPTURE5 YR UP MARKET CAPTURE5 YR DOWN MARKET CAPTURE
Perkins Select Value Fund75.31%77.54%----
Russell 3000® Value 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 6/30/2015
CLASS T SHARES
Management Fees0.56%
12b-1 FeesN/A
Other Expenses0.45%
Total Gross Expenses1.01%
Waivers-0.12%
TOTAL NET EXPENSES0.89%