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 3/24/17)$11.47
Total Net Assets (As of 2/28/17)$59.08M
Annual Expense Ratio
(As of fiscal year end 6/30/16)
GROSS 1.32%
NET 0.93%

Morningstar Fee Level
(As of 2/28/17)
Fee Level Group
(out of 189 funds)
Moderate Allocation No Load

Yields

Distribution Yield at NAV (As of 2/28/17)

2.26%
30 Day SEC Yield (As of 2/28/17)
with waivers
without waivers

2.20%
1.96%
Distribution FrequencyMonthly
Performance (As of 12/31/16)
1 Year10.88%
3 Year5.72%
5 Year8.40%
Since Inception8.55%
Morningstar (As of 2/28/17)
CategoryUS Funds Allocation-50% to 70% Equity
Overall Rating™
(Based on risk-adjusted returns)

View All Ratings

723 Funds Rated
Equity
Style Box
Fixed Income
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 11/1/17.

Data as of 2/28/17. Index represents the Russell 1000® Value Index.

TOP HOLDINGS (% of Fund)

United States Treasury Note/Bond , 2.88%, 11/15/2046 3.15
Wells Fargo & Co 1.79
Citizens Financial Group Inc 1.66
Pfizer Inc 1.47
United States Treasury Note/Bond , 0.75%, 10/31/2018 1.46
Lamar Advertising Co 1.35
Procter & Gamble Co 1.28
Citigroup Inc 1.28
United States Treasury Note/Bond , 2.00%, 11/15/2026 1.19
Microsoft Corp 1.14
TOTAL15.77

DEVELOPED VS. EMERGING MARKET EXPOSURE (% of Fund)

U.S. 88.60
Non-U.S. Developed 9.77
Non-U.S. Emerging 0.52
Cash & Equivalents 1.11

COUNTRIES (% of Fund)

FUND
United States 88.61
United Kingdom 3.20
France 1.11
Switzerland 0.95
Ireland 0.63
Canada 0.62
Brazil 0.52
Italy 0.51
Australia 0.43
Belgium 0.43
Israel 0.41
Denmark 0.40
Netherlands 0.35
Norway 0.29
Finland 0.25
Luxembourg 0.18
Cash & Equivalents 1.11

MONTHLY TOP EQUITY
CONTRIBUTORS & DETRACTORS

CONTRIBUTORS
Mead Johnson Nutrition Co
Pfizer Inc
Apple Inc
Citigroup Inc
JPMorgan Chase & Co
DETRACTORS
Target Corp
Occidental Petroleum Corp
Schlumberger Ltd
Compass Minerals International Inc
Western Digital Corp

SECTOR ALLOCATION (% of Fund)

Equity53.60%
Financials13.23%
Health Care8.80%
Information Technology6.03%
Energy5.55%
Industrials4.58%
Real Estate4.08%
Consumer Staples3.45%
Utilities2.82%
Consumer Discretionary1.86%
Materials1.62%
Telecommunication Services1.40%
Equity Other0.18%
Fixed Income45.29%
Credit-Investment Grade16.69%
Credit-High Yield8.29%
Treasuries7.65%
MBS7.21%
Bank Loans2.28%
CMBS1.26%
Inflation Linked1.02%
ABS0.89%
Cash & Equivalents1.11%

MARKET CAPITALIZATION RANGE OF EQUITY HOLDINGS (% of Fund)

Over $100 Billion 17.22
$50 Billion to $100 Billion 5.28
$10 Billion to $50 Billion 14.27
$5 Billion to $10 Billion 4.28
$1 Billion to $5 Billion 10.00
$500 Million to $1 Billion 1.31
$250 Million to $500 Million 0.77
N/A 0.47

REGIONS (% of Fund)

North America 89.23
Europe 8.30
Latin America 0.52
Asia/Pacific Ex Japan 0.43
Africa/Mideast 0.41
Cash & Equivalents 1.11

CHARACTERISTICS

Number of Holdings
Equity Issues
Debt Issues

93
410
Market Capitalization
Weighted Average
Median

$93.52B
$25.07B
Portfolio Turnover Rate
(1-year trailing)

64.75%
Price/Earnings Ratio
(1-year forward)

17.98
Price/Book Ratio
(1-year forward)

3.03
Earning Growth Rate
(1-year forward)

2.19%
Weighted Average Maturity
(years)

9.77
Effective Duration
(years)

5.93
Weighted Average Coupon4.02%

MATURITY BREAKDOWN OF FIXED INCOME HOLDINGS  (% of Fund)

< 1 yr 1.38
1 - 3 yrs 4.35
3 - 5 yrs 7.37
5 - 7 yrs 11.00
7 - 10 yrs 14.36
10 - 20 yrs 1.88
> 20 yrs 4.95

CREDIT QUALITY OF FIXED INCOME HOLDINGS (% of Fund)

Aaa 15.89
Aa 0.46
A 2.36
Baa 15.10
Ba 7.99
B 2.84
Caa 0.44
NOT RATED 0.21

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.