Perkins Value Plus Income Fund (JPVTX)

Value-Oriented Allocation Fund Designed to Deliver Monthly Income

SHARE CLASS

FUND FACTS (JPVTX)

Inception Date7/30/2010
NAV (As of 12/8/16)$11.48
Total Net Assets (As of 10/31/16)$46.75M
Annual Expense Ratio
(As of fiscal year end 6/30/16)
GROSS 1.32%
NET 0.93%

Yields

Distribution Yield at NAV (As of 11/30/16)

2.14%
30 Day SEC Yield (As of 11/30/16)
with waivers
without waivers

2.24%
2.18%
Distribution FrequencyMonthly
Performance (As of 9/30/16)
1 Year10.18%
3 Year6.04%
5 Year9.23%
Since Inception8.35%
Morningstar (As of 11/30/16)
CategoryAllocation-50% to 70% Equity
Overall Rating™
(Based on risk-adjusted returns)

View All Ratings

710 Funds Rated
Equity
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Fixed Income
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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 11/1/17.

Data as of 10/31/16. Index represents the Russell 1000® Value Index.

TOP HOLDINGS (% of Fund)

United States Treasury Note/Bond , 0.75%, 10/31/2018 1.85
Procter & Gamble Co 1.67
Pfizer Inc 1.59
Wells Fargo & Co 1.57
Citizens Financial Group Inc 1.48
Lamar Advertising Co 1.44
Microsoft Corp 1.41
Citigroup Inc 1.32
Fifth Third Bancorp 1.20
JPMorgan Chase & Co 1.17
TOTAL14.70

DEVELOPED VS. EMERGING MARKET EXPOSURE (% of Fund)

U.S. 90.01
Non-U.S. Developed 9.23
Non-U.S. Emerging 0.11
Cash & Equivalents 0.65

COUNTRIES (% of Fund)

FUND
United States 90.01
United Kingdom 3.81
Switzerland 1.12
France 0.87
Israel 0.73
Ireland 0.63
Canada 0.59
Belgium 0.57
Norway 0.39
Finland 0.30
Singapore 0.22
Brazil 0.11
Cash & Equivalents 0.65

MONTHLY TOP EQUITY
CONTRIBUTORS & DETRACTORS

CONTRIBUTORS
Plains GP Holdings LP
Phibro Animal Health Corp
Lamar Advertising Co. - Class A
QUALCOMM Inc
Orkla ASA
DETRACTORS
Wells Fargo & Co
LaSalle Hotel Properties
Teva Pharmaceutical Industries Ltd (ADR)
Umpqua Holdings Corp
Oracle Corp

SECTOR ALLOCATION (% of Fund)

Equity57.77%
Financials13.53%
Health Care9.91%
Information Technology6.42%
Energy6.00%
Industrials4.70%
Real Estate4.40%
Consumer Staples3.90%
Utilities3.28%
Consumer Discretionary2.20%
Telecommunication Services1.82%
Materials1.39%
Equity Other0.22%
Fixed Income41.58%
Credit-Investment Grade15.89%
MBS9.95%
Treasuries6.71%
Credit-High Yield4.39%
Bank Loans1.80%
CMBS1.66%
ABS1.18%
Cash & Equivalents0.65%

MARKET CAPITALIZATION RANGE OF EQUITY HOLDINGS (% of Fund)

Over $100 Billion 20.64
$50 Billion to $100 Billion 4.94
$10 Billion to $50 Billion 12.02
$5 Billion to $10 Billion 5.65
$1 Billion to $5 Billion 10.92
$500 Million to $1 Billion 2.15
$250 Million to $500 Million 0.67
$100 Million to $250 Million 0.19
N/A 0.59

REGIONS (% of Fund)

North America 90.60
Europe 7.69
Africa/Mideast 0.73
Asia/Pacific Ex Japan 0.22
Latin America 0.11
Cash & Equivalents 0.65

CHARACTERISTICS

Number of Holdings
Equity Issues
Debt Issues

91
371
Market Capitalization
Weighted Average
Median

$90.57B
$28.58B
Portfolio Turnover Rate
(1-year trailing)

73.72%
Price/Earnings Ratio
(1-year forward)

17.58
Price/Book Ratio
(1-year forward)

2.61
Earning Growth Rate
(1-year forward)

0.51%
Weighted Average Maturity
(years)

8.61
Effective Duration
(years)

4.96
Weighted Average Coupon3.97%

MATURITY BREAKDOWN OF FIXED INCOME HOLDINGS  (% of Fund)

< 1 yr 1.82
1 - 3 yrs 5.83
3 - 5 yrs 6.81
5 - 7 yrs 11.26
7 - 10 yrs 12.30
10 - 20 yrs 0.82
> 20 yrs 2.74

CREDIT QUALITY OF FIXED INCOME HOLDINGS (% of Fund)

Aaa 16.75
Aa 0.02
A 2.18
Baa 15.49
Ba 5.37
B 1.62
NOT RATED 0.15

Bond credit quality ratings provided by Barclays and reflect the middle rating received from Moody's, Standard & Poor's and Fitch, where all three agencies have provided a rating. If only two agencies rate a security, the lowest rating is used. If only one agency rates a security, that rating is used. Ratings are measured on a scale that ranges from Aaa (highest) to D (lowest).

Equity country, regional, sector and industry weights based on MSCI and GICS classifications. Fixed income country, regional, sector and industry weights based on Barclays classifications.