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 2/10/16 )$11.83
Total Net Assets (As of 12/31/15)$658.74M
Annual Expense Ratio
(As of fiscal year end 12/31/14)
GROSS 0.59%
NET 0.57%

Performance (As of 12/31/15)
1 Year0.22%
3 Year1.65%
5 Year3.96%
10 Year5.79%
Morningstar (As of 1/31/16)
CategoryIntermediate-Term Bond
Overall Rating™
(Based on risk-adjusted returns)

View All Ratings

947 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 5/1/16.

PERFORMANCE View Time Period:
As of 2/10/16As of 1/31/16As of 12/31/15As of 12/31/15
Inception: Sep 13, 1993
PRICE1 DAY
RETURN

YTD
1 YR3 YR5 YR10 YRSINCE
INCEPTION
Institutional Shares 
$11.830.08%1.37%-0.65%2.16%4.06%5.91%6.66%0.22%1.65%3.96%5.79%6.64%0.22%5.03%21.46%75.60%318.97%
Barclays U.S. Aggregate Bond Index1.99%
(02/09/2016)
-0.16%2.15%3.51%4.66%5.46%0.55%1.44%3.25%4.51%5.41%0.55%4.39%17.32%55.52%223.90%

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 5/1/16.

Annual Expense Ratio: Gross: 0.59% / Net: 0.57% View Fees and Expenses

RISK STATISTICS
VS. Barclays U.S. Aggregate Bond Index
AS OF 12/31/15

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
Alpha0.341.04N/AN/A
Beta0.900.901.001.00
R-Squared (%)93.5080.82100.00100.00
Standard Deviation2.722.702.922.71
Sharpe Ratio0.591.450.481.18
Information Ratio0.280.59----

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

MORNINGSTAR PERCENTILEView Time Period:
As of 12/31/15As of 1/31/16
1 YR3 YR5 YR10 YRSINCE
INCEPTION
Percentile Ranking (%)3420143137231631
Intermediate-Term Bond Category
Rank/Count
369 / 1085205 / 1040135 / 98919 / 8622 / 418401 / 1088235 / 1042161 / 99222 / 8622 / 420

CALENDAR YEAR PERFORMANCE

GROWTH OF A $10,000 HYPOTHETICAL INVESTMENT

UP AND DOWN MARKET CAPTURE

AS OF 12/31/153 YR UP MARKET CAPTURE3 YR DOWN MARKET CAPTURE5 YR UP MARKET CAPTURE5 YR DOWN MARKET CAPTURE
Janus Aspen Flexible Bond Portfolio96.62%89.33%107.32%86.15%
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 12/31/2014
INSTITUTIONAL SHARES
Management Fees0.51%
12b-1 FeesN/A
Other Expenses0.08%
Total Gross Expenses0.59%
Waivers-0.02%
TOTAL NET EXPENSES0.57%