Perkins Value Plus Income Fund (JPVDX)
Value-Oriented Allocation Fund Designed to Deliver Monthly Income

FUND SNAPSHOT (JPVDX)

Who Should Consider This Fund?

Investors looking for a single fund that provides both equity and fixed income exposure professionally managed by specialists in their respective area.

Asset ClassAsset Allocation
Share Class D
RISK TOLERANCE SPECTRUM
target risk moderate

Funds are placed on the risk tolerance spectrum to demonstrate the wide spectrum of risk levels among asset classes in which they are expected to typically invest. The spectrum is for informational purposes only, is not intended to be forward looking and is subject to change. 

Yields

Distribution Yield at NAV (As of 1/31/17)

2.37%
30 Day SEC Yield (As of 1/31/17)
with waivers
without waivers

2.23%
2.00%
Distribution FrequencyMonthly
Fund Facts
Inception Date7/30/2010
NAV (As of 2/24/17)$11.60
Daily NAV Change$0.01
Daily NAV % Change0.09%
Total Net Assets (As of 1/31/17)$57.18M
Annual Expense Ratio
(As of fiscal year end 6/30/16)
GROSS 1.31%
NET 0.83%

Net expense ratios reflect the expense waiver, if any, Janus Capital has contractually agreed to through 11/1/17.

Morningstar (As of 1/31/17)
CategoryUS Funds Allocation-50% to 70% Equity
Overall Rating™
(Based on risk-adjusted returns)
722 Funds Rated
View all Ratings
Equity
Style Box
Fixed Income
Style Box
Performance (As of 12/31/16)
YTD (As of 2/24/17) 2.48%
1 Year 10.87%
3 Year 5.72%
5 Year 8.42%
Since Inception 8.60%

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.

Client Commitment

Value equity from Perkins and fundamental fixed income from Janus actively allocated in an effort to provide capital appreciation and current income while minimizing downside risk. Allocation decisions are based on overall market risk and careful examination of individual security valuations across equity and fixed income markets.

Fund Overview

CALENDAR YEAR PERFORMANCE
Data as of 1/31/17

TOP HOLDINGS (% of Fund)

United States Treasury Note/Bond , 2.88%, 11/15/2046 2.75
United States Treasury Bill , 0.00%, 11/09/2017 2.19
United States Treasury Bill , 0.00%, 06/22/2017 1.72
Citizens Financial Group Inc 1.66
Wells Fargo & Co 1.64
United States Treasury Note/Bond , 0.75%, 10/31/2018 1.51
Lamar Advertising Co 1.40
Procter & Gamble Co 1.38
Pfizer Inc 1.30
Citigroup Inc 1.23
TOTAL16.78

SECTOR ALLOCATION (% of Fund)

Equity53.53%
Financials12.79%
Health Care8.76%
Information Technology6.08%
Energy5.52%
Industrials4.69%
Real Estate4.13%
Consumer Staples3.86%
Utilities2.79%
Consumer Discretionary1.97%
Telecommunication Services1.43%
Materials1.33%
Equity Other0.18%
Fixed Income46.38%
Credit-Investment Grade15.89%
Treasuries11.96%
MBS7.34%
Credit-High Yield5.87%
Bank Loans1.99%
CMBS1.32%
Inflation Linked1.05%
ABS0.96%
Cash & Equivalents0.09%

Why Invest in the Fund

JOINT BOTTOM-UP APPROACH

The Portfolio Managers focus on minimizing downside risk using their own unique approaches to fundamental, bottom-up investing.

EQUITY AND INCOME

The Fund seeks to generate capital appreciation from high-quality equities and fundamental fixed income to drive overall portfolio income.

ACTIVE ASSET ALLOCATION

Our Portfolio Managers make allocation decisions based on overall market risk and careful examination of individual security valuations across equity and fixed income markets.

FUND MANAGEMENT

Ted Thome, CFA

Ted Thome, CFA

Fund Manager since 2010
Industry since 2002

Darrell Watters

Darrell Watters

Fund Manager since 2010
Industry since 1986