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 9/1/15 )$11.85
Total Net Assets (As of 7/31/15)$595.83M
Annual Expense Ratio
(As of fiscal year end 12/31/14)
GROSS 0.59%
NET 0.57%

Performance (As of 6/30/15)
1 Year1.27%
3 Year2.85%
5 Year4.54%
10 Year5.84%
Morningstar (As of 7/31/15)
CategoryIntermediate-Term Bond
Overall Rating™
(Based on risk-adjusted returns)

View All Ratings

932 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.

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 9/1/15As of 8/31/15As of 6/30/15As of 6/30/15
Inception: Sep 13, 1993
PRICE1 DAY
RETURN

YTD
1 YR3 YR5 YR10 YRSINCE
INCEPTION
Institutional Shares 
$11.850.08%0.70%0.69%2.22%3.97%5.79%6.76%1.27%2.85%4.54%5.84%6.81%1.27%8.80%24.86%76.47%320.24%
Barclays U.S. Aggregate Bond Index0.45%
(08/31/2015)
2.82%1.60%3.27%4.61%5.52%1.86%1.83%3.35%4.44%5.51%1.86%5.58%17.90%54.38%221.80%

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

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
Alpha1.041.40N/AN/A
Beta0.890.891.001.00
R-Squared (%)92.6781.17100.00100.00
Standard Deviation2.672.782.882.80
Sharpe Ratio0.911.540.541.15
Information Ratio1.120.87----

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

MORNINGSTAR PERCENTILEView Time Period:
As of 6/30/15As of 7/31/15
1 YR3 YR5 YR10 YRSINCE
INCEPTION
Percentile Ranking (%)4526203146272031
Intermediate-Term Bond Category
Rank/Count
493 / 1087270 / 1036191 / 98626 / 8632 / 418504 / 1088277 / 1040193 / 97425 / 8622 / 418

CALENDAR YEAR PERFORMANCE

GROWTH OF A $10,000 HYPOTHETICAL INVESTMENT

UP AND DOWN MARKET CAPTURE

AS OF 7/31/153 YR UP MARKET CAPTURE3 YR DOWN MARKET CAPTURE5 YR UP MARKET CAPTURE5 YR DOWN MARKET CAPTURE
Janus Aspen Flexible Bond Portfolio105.35%80.51%110.97%81.75%
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%