Janus Aspen Flexible Bond Portfolio (JAFLX)

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

SHARE CLASS

PORTFOLIO FACTS (JAFLX)

Inception Date9/13/1993
NAV (As of 12/8/16)$11.79
Total Net Assets (As of 10/31/16)$777.41M
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 11/30/16)
CategoryIntermediate-Term Bond
Overall Rating™
(Based on risk-adjusted returns)

View All Ratings

858 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.

PERFORMANCE View Time Period:
As of 12/8/16As of 11/30/16As of 9/30/16As of 9/30/16
Inception: Sep 13, 1993
PRICE1 DAY
RETURN

YTD
1 YR3 YR5 YR10 YRSINCE
INCEPTION
Institutional Shares 
$11.79-0.17%2.56%1.82%2.43%3.43%5.55%6.47%4.50%3.76%3.99%6.05%6.65%4.50%11.70%21.60%79.92%341.37%
Bloomberg Barclays U.S. Aggregate Bond Index2.51%5.19%4.03%3.08%4.79%5.49%2.17%2.79%2.43%4.27%5.31%5.19%12.57%16.39%59.65%242.67%

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.

Net expense ratios reflect the expense waiver, if any, Janus Capital has contractually agreed to through 5/1/17.

Annual Expense Ratio: Gross: 0.62% / Net: 0.62% View Fees and Expenses

RISK STATISTICS
VS. Bloomberg Barclays U.S. Aggregate Bond Index
AS OF 10/31/16

VIEW RISK STATISTICS DEFINITIONS

Alpha
Compares the risk-adjusted performance of a portfolio to a benchmark index.
Beta
A measure of the volatility of a portfolio in comparison to a benchmark index.
R-Squared
Represents the percentage of the portfolio’s performance that can be explained by the general movements of a benchmark index.
Standard Deviation
Measures historical volatility.
Sharpe Ratio
Measures risk-adjusted performance by dividing the portfolio’s excess returns by the standard deviation of those returns.
Information Ratio
Measure of a portfolio management’s performance against risk and return relative to a benchmark or alternative measure.
PORTFOLIOINDEX
Alpha0.131.08N/AN/A
Beta0.880.921.001.00
R-Squared (%)91.9687.94100.00100.00
Standard Deviation2.442.652.672.70
Sharpe Ratio1.261.391.271.05
Information Ratio-0.390.92----

Statistics are for the Portfolio’s “parent” share class (typically that with the longest history).

MORNINGSTAR PERCENTILEView Time Period:
As of 9/30/16As of 11/30/16
1 YR3 YR5 YR10 YRSINCE
INCEPTION
Percentile Ranking (%)6757254276522852
Intermediate-Term Bond Category
Rank/Count
659 / 976535 / 934220 / 89332 / 7887 / 389840 / 1101545 / 1050282 / 101038 / 8768 / 434

CALENDAR YEAR PERFORMANCE

GROWTH OF A $10,000 HYPOTHETICAL INVESTMENT

UP AND DOWN MARKET CAPTURE

AS OF 10/31/163 YR UP MARKET CAPTURE3 YR DOWN MARKET CAPTURE5 YR UP MARKET CAPTURE5 YR DOWN MARKET CAPTURE
Janus Aspen Flexible Bond Portfolio89.53%87.20%107.56%80.78%
Bloomberg Barclays U.S. Aggregate Bond Index100.00%100.00%100.00%100.00%

Statistics are for the Portfolio’s “parent” share class (typically that with the longest history).

ANNUAL FEES & EXPENSES

AS OF FISCAL YEAR END 12/31/2015
INSTITUTIONAL SHARES
Management Fees0.50%
12b-1 FeesN/A
Other Expenses0.12%
Total Gross Expenses0.62%
Waivers0.00%
TOTAL NET EXPENSES0.62%