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 1/19/17)$11.35
Total Net Assets (As of 12/31/16)$55.27M
Annual Expense Ratio
(As of fiscal year end 6/30/16)
GROSS 1.32%
NET 0.93%

Yields

Distribution Yield at NAV (As of 12/31/16)

2.27%
30 Day SEC Yield (As of 12/31/16)
with waivers
without waivers

2.17%
2.03%
Distribution FrequencyMonthly
Performance (As of 12/31/16)
1 Year10.88%
3 Year5.72%
5 Year8.40%
Since Inception8.55%
Morningstar (As of 12/31/16)
CategoryUS Funds Allocation-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 12/31/16. Index represents the Russell 1000® Value Index.

TOP HOLDINGS (% of Fund)

United States Treasury Bill , 0.00%, 11/09/2017 2.27
United States Treasury Bill , 0.00%, 06/22/2017 2.13
United States Treasury Note/Bond , 0.50%, 04/30/2017 1.74
Citizens Financial Group Inc 1.69
Wells Fargo & Co 1.66
United States Treasury Note/Bond , 0.75%, 10/31/2018 1.56
Pfizer Inc 1.38
Procter & Gamble Co 1.37
Citigroup Inc 1.35
Lamar Advertising Co 1.29
TOTAL16.44

DEVELOPED VS. EMERGING MARKET EXPOSURE (% of Fund)

U.S. 89.44
Non-U.S. Developed 9.64
Non-U.S. Emerging 0.09
Cash & Equivalents 0.83

COUNTRIES (% of Fund)

FUND
United States 89.45
United Kingdom 3.43
France 1.08
Switzerland 0.96
Canada 0.59
Ireland 0.57
Israel 0.52
Belgium 0.47
Netherlands 0.37
Italy 0.33
Norway 0.32
Denmark 0.30
Finland 0.26
Singapore 0.22
Luxembourg 0.20
Brazil 0.09
Hong Kong 0.01
Cash & Equivalents 0.83

MONTHLY TOP EQUITY
CONTRIBUTORS & DETRACTORS

CONTRIBUTORS
Allied World Assurance Co Holdings AG
Alon USA Energy Inc
Citizens Financial Group Inc
JPMorgan Chase & Co
Citigroup Inc
DETRACTORS
Oracle Corp
Target Corp
QUALCOMM Inc
Williams-Sonoma Inc
Mattel Inc

SECTOR ALLOCATION (% of Fund)

Equity54.95%
Financials13.33%
Health Care9.10%
Information Technology6.18%
Energy5.87%
Industrials4.70%
Real Estate4.14%
Consumer Staples3.76%
Utilities2.79%
Consumer Discretionary2.04%
Telecommunication Services1.54%
Materials1.31%
Equity Other0.19%
Fixed Income44.22%
Credit-Investment Grade14.41%
Treasuries11.73%
MBS7.73%
Credit-High Yield5.46%
Bank Loans1.82%
CMBS1.48%
ABS0.98%
Inflation Linked0.61%
Cash & Equivalents0.83%

MARKET CAPITALIZATION RANGE OF EQUITY HOLDINGS (% of Fund)

Over $100 Billion 17.38
$50 Billion to $100 Billion 5.60
$10 Billion to $50 Billion 13.61
$5 Billion to $10 Billion 4.41
$1 Billion to $5 Billion 10.39
$500 Million to $1 Billion 2.15
$250 Million to $500 Million 0.92
N/A 0.49

REGIONS (% of Fund)

North America 90.03
Europe 8.30
Africa/Mideast 0.52
Asia/Pacific Ex Japan 0.23
Latin America 0.09
Cash & Equivalents 0.83

CHARACTERISTICS

Number of Holdings
Equity Issues
Debt Issues

93
382
Market Capitalization
Weighted Average
Median

$90.43B
$22.38B
Portfolio Turnover Rate
(1-year trailing)

69.92%
Price/Earnings Ratio
(1-year forward)

18.51
Price/Book Ratio
(1-year forward)

2.73
Earning Growth Rate
(1-year forward)

-0.00%
Weighted Average Maturity
(years)

7.09
Effective Duration
(years)

4.00
Weighted Average Coupon3.90%

MATURITY BREAKDOWN OF FIXED INCOME HOLDINGS  (% of Fund)

< 1 yr 9.18
1 - 3 yrs 5.13
3 - 5 yrs 6.69
5 - 7 yrs 8.90
7 - 10 yrs 11.39
10 - 20 yrs 0.62
> 20 yrs 2.31

CREDIT QUALITY OF FIXED INCOME HOLDINGS (% of Fund)

Aaa 20.14
Aa 0.03
A 2.39
Baa 13.48
Ba 6.29
B 1.77
NOT RATED 0.12

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.