Janus Aspen Flexible Bond Portfolio (JAFLX)

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

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PORTFOLIO FACTS (JAFLX)

Inception Date9/13/1993
NAV (As of 7/1/15 )$11.80
Total Net Assets (As of 5/31/15)$587.74M
Annual Expense Ratio
(As of fiscal year end 12/31/14)
GROSS 0.59%
NET 0.57%

Performance (As of 3/31/15)
1 Year4.82%
3 Year4.20%
5 Year5.41%
10 Year6.26%
Morningstar (As of 5/31/15)
CategoryIntermediate-Term Bond
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.

Net expense ratios reflect the expense waiver, if any, Janus Capital has contractually agreed to through 5/1/16.

Data as of 5/31/15. 

TOP HOLDINGS (% of Portfolio)

United States Treasury Note/Bond , 0.62%, 12/31/2016 5.56
United States Treasury Note/Bond , 0.38%, 05/31/2016 4.87
United States Treasury Note/Bond , 0.50%, 01/31/2017 3.23
United States Treasury Note/Bond , 2.25%, 11/15/2024 2.40
United States Treasury Note/Bond , 1.50%, 08/31/2018 2.26
United States Treasury Note/Bond , 1.50%, 11/30/2019 2.06
United States Treasury Note/Bond , 1.00%, 12/15/2017 2.00
United States Treasury Note/Bond , 0.88%, 01/31/2017 1.59
United States Treasury Note/Bond , 0.50%, 11/30/2016 1.28
United States Treasury Note/Bond , 0.50%, 04/30/2017 1.24
TOTAL26.49

CHARACTERISTICS

Number of Holdings
Debt Issues

404
Portfolio Turnover Rate
(1-year trailing)

148.91%
Weighted Average Maturity
(years)

8.20
Effective Duration
(years)

5.15
Weighted Average Coupon3.31%

SECTOR ALLOCATION (% of Portfolio)

US Preferred Stock 1.37
Treasuries 37.57
Credit-Investment Grade 25.39
MBS 16.70
Credit-High Yield 11.26
CMBS 3.28
ABS 2.68
Bank Loans 1.15
Government Related 0.12
Cash & Equivalents 0.48

MATURITY BREAKDOWN OF FIXED INCOME HOLDINGS  (% of Portfolio)

< 1 yr 1.27
1 - 3 yrs 27.70
3 - 5 yrs 20.70
5 - 7 yrs 13.51
7 - 10 yrs 24.55
10 - 20 yrs 1.68
> 20 yrs 8.74

S&P QUALITY RATING OF FIXED INCOME HOLDINGS (% of Portfolio)

AAA 0.12
AA 54.40
A 4.83
BBB 24.68
BB 11.21
B 1.18
NOT RATED 1.73

Bond ratings provided by Standard & Poor's. Not rated securities are not rated by S&P but may be rated by other rating agencies.

DEVELOPED VS. EMERGING MARKET EXPOSURE (% of Portfolio)

U.S. 93.64
Non-U.S. Developed 5.16
Non-U.S. Emerging 0.72
Cash & Equivalents 0.48

REGIONS (% of Portfolio)

North America 93.89
Europe 3.85
Asia/Pacific Ex Japan 1.78
Cash & Equivalents 0.48

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.