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 5/23/16)$11.97
Total Net Assets (As of 4/30/16)$726.71M
Annual Expense Ratio
(As of fiscal year end 12/31/15)
GROSS 0.62%
NET 0.62%

Performance (As of 3/31/16)
1 Year0.52%
3 Year2.23%
5 Year4.15%
10 Year6.08%
Morningstar (As of 4/30/16)
CategoryIntermediate-Term Bond
Overall Rating™
(Based on risk-adjusted returns)

View All Ratings

958 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 5/23/16As of 4/30/16As of 3/31/16As of 3/31/16
Inception: Sep 13, 1993
PRICE1 DAY
RETURN

YTD
1 YR3 YR5 YR10 YRSINCE
INCEPTION
Institutional Shares 
$11.970.00%2.57%1.19%2.06%3.91%6.15%6.66%0.52%2.23%4.15%6.08%6.66%0.52%6.85%22.52%80.47%327.95%
Barclays U.S. Aggregate Bond Index3.27%2.72%2.29%3.60%4.95%5.49%1.96%2.50%3.78%4.90%5.49%1.96%7.69%20.37%61.28%233.72%

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. Barclays U.S. Aggregate Bond Index
AS OF 4/30/16

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
Alpha0.030.76N/AN/A
Beta0.880.871.001.00
R-Squared (%)93.1280.63100.00100.00
Standard Deviation2.722.662.972.73
Sharpe Ratio0.741.450.751.29
Information Ratio-0.290.26----

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

MORNINGSTAR PERCENTILEView Time Period:
As of 3/31/16As of 4/30/16
1 YR3 YR5 YR10 YRSINCE
INCEPTION
Percentile Ranking (%)7237244163341831
Intermediate-Term Bond Category
Rank/Count
780 / 1087382 / 1041234 / 99633 / 8714 / 425688 / 1085350 / 1039178 / 99226 / 8662 / 420

CALENDAR YEAR PERFORMANCE

GROWTH OF A $10,000 HYPOTHETICAL INVESTMENT

UP AND DOWN MARKET CAPTURE

AS OF 4/30/163 YR UP MARKET CAPTURE3 YR DOWN MARKET CAPTURE5 YR UP MARKET CAPTURE5 YR DOWN MARKET CAPTURE
Janus Aspen Flexible Bond Portfolio90.20%90.86%99.90%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 12/31/2015
INSTITUTIONAL SHARES
Management Fees0.50%
12b-1 FeesN/A
Other Expenses0.12%
Total Gross Expenses0.62%
Waivers0.00%
TOTAL NET EXPENSES0.62%