Janus Aspen Flexible Bond Portfolio (JAFLX)

20+ Years of All-Weather, Credit-Driven Fixed Income Investing


Janus & Henderson: Recommended Merger of Equals. To learn more read the press release.


Inception Date9/13/1993
NAV (As of 10/19/16)$12.08
Total Net Assets (As of 9/30/16)$768.99M
Annual Expense Ratio
(As of fiscal year end 12/31/15)
GROSS 0.62%
NET 0.62%

Performance (As of 9/30/16)
1 Year4.50%
3 Year3.76%
5 Year3.99%
10 Year6.05%
Morningstar (As of 9/30/16)
CategoryIntermediate-Term Bond
Overall Rating™
(Based on risk-adjusted returns)

View All Ratings

956 Funds Rated
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 5/1/17.

Client Commitment

This all-weather, multi-sector fixed income portfolio typically has held 0-20% high yield while seeking risk-adjusted returns and capital preservation. Our approach leverages a bottom-up, fundamentally driven process that focuses on credit-oriented investments.

Why Invest in the Portfolio


Emphasizes risk-adjusted returns and capital preservation while seeking to identify the best opportunities across fixed income sectors. The strategy uses a bottom-up, fundamentally driven process that is focused on credit-oriented investments.


Partnership and fluid communication between fixed income and equity analysts promote idea generation. Credit research emphasizes free cash flow generation, quality of management and security valuation.


Our proprietary fixed income portfolio and risk-management system, Quantum Global, is integrated into the investment process at each step. We identify and measure the sources of risk in the portfolio at multiple levels to confirm that the portfolio is positioned as intended.


Darrell Watters

Darrell Watters

Portfolio Manager since 2007
Industry since 1986

Mayur Saigal

Mayur Saigal

Portfolio Manager since 2015
Industry since 2002

Micheal Keough

Michael Keough

Portfolio Manager since 2015
Industry since 2006


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