Perkins Value Plus Income Fund (JPVIX)

Value-Oriented Allocation Fund Designed to Deliver Monthly Income

SHARE CLASS

FUND FACTS (JPVIX)

Inception Date7/30/2010
NAV (As of 4/27/17)$11.61
Total Net Assets (As of 3/31/17)$59.71M
Annual Expense Ratio
(As of fiscal year end 6/30/16)
GROSS 1.21%
NET 0.77%

Yields

Distribution Yield at NAV (As of 3/31/17)

2.43%
30 Day SEC Yield (As of 3/31/17)
with waivers
without waivers

2.48%
2.09%
Distribution FrequencyMonthly
Performance (As of 3/31/17)
1 Year12.37%
3 Year5.52%
5 Year7.83%
Since Inception8.73%
Morningstar (As of 3/31/17)
CategoryUS Funds Allocation-50% to 70% Equity
Overall Rating™
(Based on risk-adjusted returns)

View All Ratings

721 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 3/31/17. Index represents the Russell 1000® Value Index.

TOP HOLDINGS (% of Fund)

United States Treasury Note/Bond , 2.88%, 11/15/2046 2.04
Wells Fargo & Co 1.71
Citizens Financial Group Inc 1.51
Pfizer Inc 1.45
United States Treasury Note/Bond , 0.75%, 10/31/2018 1.45
United States Treasury Note/Bond , 2.00%, 11/15/2026 1.39
United States Treasury Note/Bond , 2.12%, 02/29/2024 1.37
Lamar Advertising Co 1.33
United States Treasury Note/Bond , 2.25%, 02/15/2027 1.28
Citigroup Inc 1.26
TOTAL14.79

DEVELOPED VS. EMERGING MARKET EXPOSURE (% of Fund)

U.S. 89.06
Non-U.S. Developed 9.91
Non-U.S. Emerging 0.51
Cash & Equivalents 0.52

COUNTRIES (% of Fund)

FUND
United States 89.07
United Kingdom 3.27
France 1.22
Switzerland 0.92
Ireland 0.62
Canada 0.61
Brazil 0.51
Italy 0.50
Denmark 0.45
Australia 0.43
Belgium 0.43
Israel 0.38
Netherlands 0.35
Norway 0.29
Finland 0.25
Luxembourg 0.18
Cash & Equivalents 0.52

MONTHLY TOP EQUITY
CONTRIBUTORS & DETRACTORS

CONTRIBUTORS
Engie SA
G4S PLC
Western Digital Corp
Oracle Corp
Bureau Veritas SA
DETRACTORS
Citizens Financial Group Inc
Wells Fargo & Co
Fifth Third Bancorp
Umpqua Holdings Corp
Compass Minerals International Inc

SECTOR ALLOCATION (% of Fund)

Equity52.56%
Financials12.51%
Health Care8.35%
Information Technology6.07%
Energy5.41%
Industrials4.60%
Real Estate4.05%
Consumer Staples3.49%
Utilities2.95%
Consumer Discretionary1.91%
Materials1.64%
Telecommunication Services1.40%
Equity Other0.18%
Fixed Income46.92%
Credit-Investment Grade15.63%
Treasuries11.01%
Credit-High Yield8.92%
MBS7.11%
Bank Loans2.17%
CMBS1.20%
ABS0.88%
Cash & Equivalents0.52%

MARKET CAPITALIZATION RANGE OF EQUITY HOLDINGS (% of Fund)

Over $100 Billion 17.88
$50 Billion to $100 Billion 3.71
$10 Billion to $50 Billion 15.43
$5 Billion to $10 Billion 3.61
$1 Billion to $5 Billion 9.89
$500 Million to $1 Billion 1.31
$250 Million to $500 Million 0.26
N/A 0.47

REGIONS (% of Fund)

North America 89.67
Europe 8.49
Latin America 0.51
Asia/Pacific Ex Japan 0.43
Africa/Mideast 0.38
Cash & Equivalents 0.52

CHARACTERISTICS

Number of Holdings
Equity Issues
Debt Issues

93
404
Market Capitalization
Weighted Average
Median

$95.81B
$25.34B
Portfolio Turnover Rate
(1-year trailing)

60.97%
Price/Earnings Ratio
(1-year forward)

17.68
Price/Book Ratio
(1-year forward)

3.00
Earning Growth Rate
(1-year forward)

3.86%
Weighted Average Maturity
(years)

9.05
Effective Duration
(years)

5.64
Weighted Average Coupon3.94%

MATURITY BREAKDOWN OF FIXED INCOME HOLDINGS  (% of Fund)

< 1 yr 1.22
1 - 3 yrs 5.44
3 - 5 yrs 8.04
5 - 7 yrs 12.84
7 - 10 yrs 14.32
10 - 20 yrs 1.13
> 20 yrs 3.93

CREDIT QUALITY OF FIXED INCOME HOLDINGS (% of Fund)

Aaa 18.13
Aa 0.46
A 1.98
Baa 14.40
Ba 8.05
B 3.03
Caa 0.66
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.