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 2/22/17)$11.70
Total Net Assets (As of 1/31/17)$732.80M
Annual Expense Ratio
(As of fiscal year end 12/31/15)
GROSS 0.62%
NET 0.62%

Performance (As of 12/31/16)
1 Year2.46%
3 Year2.52%
5 Year3.12%
10 Year5.61%
Morningstar (As of 1/31/17)
CategoryUS Fund Intermediate-Term Bond
Overall Rating™
(Based on risk-adjusted returns)

View All Ratings

856 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 2/22/17As of 1/31/17As of 12/31/16As of 12/31/16
Inception: Sep 13, 1993
PRICE1 DAY
RETURN

YTD
1 YR3 YR5 YR10 YRSINCE
INCEPTION
Institutional Shares 
$11.700.09%0.69%1.77%2.24%2.86%5.65%6.44%2.46%2.52%3.12%5.61%6.45%2.46%7.76%16.59%72.65%329.30%
Bloomberg Barclays U.S. Aggregate Bond Index0.49%2.65%3.03%2.23%4.34%5.29%1.45%2.59%2.09%4.37%5.29%2.65%9.37%11.67%53.00%232.48%

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 1/31/17

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
Alpha-0.130.95N/AN/A
Beta0.920.901.001.00
R-Squared (%)94.3891.90100.00100.00
Standard Deviation2.772.722.932.89
Sharpe Ratio0.771.010.840.69
Information Ratio-0.510.92----

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

MORNINGSTAR PERCENTILEView Time Period:
As of 12/31/16As of 1/31/17
1 YR3 YR5 YR10 YRSINCE
INCEPTION
Percentile Ranking (%)6561305269653052
US Fund Intermediate-Term Bond Category
Rank/Count
651 / 1001582 / 948272 / 90234 / 7967 / 392701 / 1011625 / 958272 / 90935 / 7967 / 391

CALENDAR YEAR PERFORMANCE

GROWTH OF A $10,000 HYPOTHETICAL INVESTMENT

UP AND DOWN MARKET CAPTURE

AS OF 1/31/173 YR UP MARKET CAPTURE3 YR DOWN MARKET CAPTURE5 YR UP MARKET CAPTURE5 YR DOWN MARKET CAPTURE
Janus Aspen Flexible Bond Portfolio91.27%96.48%103.15%79.08%
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%