Janus Aspen Balanced Portfolio (JABLX)

20+ Years of Dynamic Asset Allocation

SHARE CLASS

PORTFOLIO FACTS (JABLX)

Inception Date9/13/1993
NAV (As of 2/22/17)$31.96
Total Net Assets (As of 1/31/17)$2.67B
Annual Expense Ratio
(As of fiscal year end 12/31/15)
GROSS 0.63%
NET 0.63%

Morningstar Fee Level
(As of 1/31/17)
Fee Level Group
(out of 161 funds)
Moderate Allocation Institutional

Performance (As of 12/31/16)
1 Year4.60%
3 Year4.53%
5 Year9.29%
10 Year7.24%
Morningstar (As of 1/31/17)
CategoryUS Funds Allocation-50% to 70% Equity
Overall Rating™
(Based on risk-adjusted returns)

View All Ratings

722 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.

Data as of 1/31/17. Index represents the S&P 500® Index.

TOP HOLDINGS (% of Portfolio)

Microsoft Corp 3.22
Boeing Co 2.63
Mastercard Inc 2.56
Altria Group Inc 2.43
Amgen Inc 2.28
LyondellBasell Industries NV 2.16
CME Group Inc 2.16
Alphabet Inc 2.04
NIKE Inc 1.94
Costco Wholesale Corp 1.87
TOTAL23.29

DEVELOPED VS. EMERGING MARKET EXPOSURE (% of Portfolio)

U.S. 97.52
Non-U.S. Developed 1.96
Non-U.S. Emerging 0.33
Cash & Equivalents 0.19

COUNTRIES (% of Portfolio)

PORTFOLIO
United States 97.53
Belgium 0.45
Netherlands 0.36
United Kingdom 0.32
Taiwan, Province Of China 0.24
Canada 0.22
Switzerland 0.20
France 0.19
Brazil 0.09
Ireland 0.08
Germany 0.08
Luxembourg 0.05
Cash & Equivalents 0.19

MONTHLY TOP EQUITY
CONTRIBUTORS & DETRACTORS

CONTRIBUTORS
CSX Corp
LyondellBasell Industries NV
Amgen Inc
Adobe Systems Inc
Comcast Corp
DETRACTORS
Bristol-Myers Squibb Co
United Parcel Service Inc
Aetna Inc
CBRE Group Inc
Mattel Inc

SECTOR ALLOCATION (% of Portfolio)

Equity63.24%
Consumer Discretionary12.83%
Information Technology12.59%
Financials8.95%
Industrials8.42%
Consumer Staples7.73%
Health Care6.99%
Real Estate3.09%
Materials2.48%
Equity Other0.16%
Fixed Income36.57%
Credit-Investment Grade15.47%
MBS8.48%
Treasuries5.09%
Credit-High Yield2.00%
Bank Loans1.90%
ABS1.39%
CMBS1.25%
Inflation Linked0.99%
Cash & Equivalents0.19%

MARKET CAPITALIZATION RANGE OF EQUITY HOLDINGS (% of Portfolio)

Over $100 Billion 21.63
$50 Billion to $100 Billion 19.49
$10 Billion to $50 Billion 18.71
$5 Billion to $10 Billion 1.64
$1 Billion to $5 Billion 1.42
N/A 0.35

REGIONS (% of Portfolio)

North America 97.74
Europe 1.74
Asia/Pacific Ex Japan 0.24
Latin America 0.09
Cash & Equivalents 0.19

CHARACTERISTICS

Number of Holdings
Equity Issues
Debt Issues

62
500
Market Capitalization
Weighted Average
Median

$122.54B
$78.69B
Portfolio Turnover Rate
(1-year trailing)

76.70%
Price/Earnings Ratio
(1-year forward)

20.01
Price/Book Ratio
(1-year forward)

5.80
Earning Growth Rate
(1-year forward)

11.04%
Weighted Average Maturity
(years)

8.40
Effective Duration
(years)

5.51
Weighted Average Coupon3.84%

MATURITY BREAKDOWN OF FIXED INCOME HOLDINGS  (% of Portfolio)

< 1 yr 2.75
1 - 3 yrs 3.91
3 - 5 yrs 6.20
5 - 7 yrs 7.45
7 - 10 yrs 12.39
10 - 20 yrs 1.00
> 20 yrs 2.87

CREDIT QUALITY OF FIXED INCOME HOLDINGS (% of Portfolio)

Aaa 14.74
Aa 0.08
A 2.87
Baa 14.32
Ba 3.68
B 0.71
NOT RATED 0.17

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.