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 8/24/16)$12.11
Total Net Assets (As of 7/31/16)$759.29M
Annual Expense Ratio
(As of fiscal year end 12/31/15)
GROSS 0.62%
NET 0.62%

Performance (As of 6/30/16)
1 Year4.16%
3 Year3.71%
5 Year4.21%
10 Year6.34%
Morningstar (As of 7/31/16)
CategoryIntermediate-Term Bond
Overall Rating™
(Based on risk-adjusted returns)

View All Ratings

955 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 8/24/16As of 7/31/16As of 6/30/16As of 6/30/16
Inception: Sep 13, 1993
PRICE1 DAY
RETURN

YTD
1 YR3 YR5 YR10 YRSINCE
INCEPTION
Institutional Shares 
$12.110.00%5.34%4.50%3.88%4.01%6.30%6.70%4.16%3.71%4.21%6.34%6.69%4.16%11.53%22.89%84.94%337.72%
Barclays U.S. Aggregate Bond Index5.91%
(08/23/2016)
6.00%4.06%3.76%5.13%5.53%5.94%4.23%3.57%5.06%5.54%6.00%12.69%20.28%64.97%241.11%

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 7/31/16

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
Alpha0.100.90N/AN/A
Beta0.890.871.001.00
R-Squared (%)91.6080.69100.00100.00
Standard Deviation2.482.622.662.71
Sharpe Ratio1.531.511.571.29
Information Ratio-0.460.36----

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

MORNINGSTAR PERCENTILEView Time Period:
As of 6/30/16As of 7/31/16
1 YR3 YR5 YR10 YRSINCE
INCEPTION
Percentile Ranking (%)7151275270492152
Intermediate-Term Bond Category
Rank/Count
781 / 1093532 / 1038272 / 100438 / 8708 / 426768 / 1090505 / 1039211 / 100337 / 8717 / 425

CALENDAR YEAR PERFORMANCE

GROWTH OF A $10,000 HYPOTHETICAL INVESTMENT

UP AND DOWN MARKET CAPTURE

AS OF 7/31/163 YR UP MARKET CAPTURE3 YR DOWN MARKET CAPTURE5 YR UP MARKET CAPTURE5 YR DOWN MARKET CAPTURE
Janus Aspen Flexible Bond Portfolio91.58%92.08%101.01%83.12%
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%