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JAFIX Janus Flexible Bond T

  • Fund
  • JAFIX
  • Price as of: Mar 24, 2017
  • $10.30
  • + $0.01
  • + 0.10%
  • Category
  • Total Bond Market

JAFIX - Profile

Vitals

  • YTD Return 0.2%
  • 3 Yr Annualized Return 2.0%
  • 5 Yr Annualized Return 2.7%
  • Net Assets $9.02 B
  • Holdings in Top 10 13.9%

52 WEEK LOW AND HIGH

$10.30
$10.20
$10.70

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.69%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 99.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$2,500

IRA

$1,000

Investment Themes

CATEGORY

Total Bond Market
  • Fund Type Open End Mutual Fund
  • Investment Style Intermediate-Term Bond

Distributions

  • YTD Total Return 0.2%
  • 3 Yr Annualized Total Return 2.0%
  • 5 Yr Annualized Total Return 2.7%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.31%
DIVIDENDS
  • Dividend Yield 0.3%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name Janus Flexible Bond Fund
  • Fund Family Name Janus
  • Inception Date Jul 07, 1987
  • Shares Outstanding N/A
  • Share Class T
  • Currency USD
  • Domiciled Country United States
  • Manager Darrell W. Watters

JAFIX - Performance

Return Ranking - Trailing

Period JAFIX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 0.2% -9.5% 7.9% 46.74% 4
1 Yr 2.0% -12.6% 50.7% 62.24% 4
3 Yr 2.0% * -5.9% 9.3% 45.97% 3
5 Yr 2.7% * -3.2% 12.8% 34.08% 2
10 Yr 5.3% * -2.1% 9.7% 10.62% 1

* Annualized


Return Ranking - Calendar

Period JAFIX Return Category Return Low Category Return High Rank in Category (%) Quintile
2016 -0.2% -10.9% 192.8% 47.13% 4
2015 -2.4% -33.0% 4.2% 28.67% 3
2014 1.7% -9.3% 14.9% 24.05% 2
2013 -4.2% -24.1% 40.4% 43.43% 4
2012 2.7% -100.0% 18.7% 34.46% 3

Total Return Ranking - Trailing

Period JAFIX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 0.2% -7.3% 7.9% 46.61% 4
1 Yr 2.0% -12.6% 50.7% 52.02% 3
3 Yr 2.0% * -7.0% 9.3% 38.77% 2
5 Yr 2.7% * -4.1% 12.8% 30.62% 2
10 Yr 5.3% * -2.1% 9.7% 9.73% 1

* Annualized


Total Return Ranking - Calendar

Period JAFIX Return Category Return Low Category Return High Rank in Category (%) Quintile
2016 -0.2% -9.5% 195.3% 56.76% 5
2015 -2.4% -32.5% 7.4% 49.53% 4
2014 1.7% -8.3% 16.8% 41.73% 3
2013 -3.1% -12.9% 58.5% 50.48% 4
2012 4.8% -100.0% 35.2% 35.32% 3

NAV & Total Return History

JAFIX - Holdings

Filings data as of: Dec 31, 2016

Concentration Analysis

JAFIX Category Low Category High JAFIX % Rank Quintile
Net Assets 9.02 B 319 K 176 B 2.24% 1
Number of Holdings 527 1 17739 10.73% 3
Net Assets in Top 10 1.27 B -36 B 36.7 B 3.10% 1
Weighting of Top 10 13.9% 0.0% 1093.9% 25.79% 5

Top 10 Holdings

  1. US Treasury Note 1.125% 2.85%
  2. US Treasury Note 1.75% 1.75%
  3. US Treasury Note 1.25% 1.61%
  4. US Treasury Note 1.54%
  5. US Treasury Note 1.375% 1.51%
  6. US Treasury Note 1.5% 1.20%
  7. Bellsouth 144A 4.973% 0.98%
  8. US Treasury Bill 0.88%
  9. US Treasury Note 1.5% 0.80%
  10. US Treasury Bond 3.625% 0.76%

Asset Allocation

Weighting Category Low Category High JAFIX % Rank Quintile
Bonds
90.85% -175.98% 562.01% 16.58% 4
Cash
6.37% -461.99% 275.92% 13.02% 2
Other
1.96% -18.77% 99.99% 7.12% 2
Preferred Stocks
0.56% 0.00% 17.19% 5.29% 1
Stocks
0.27% -2.63% 98.43% 4.63% 1
Convertible Bonds
0.00% 0.00% 13.10% 5.65% 4

Stock Sector Breakdown

Weighting Category Low Category High JAFIX % Rank Quintile
Financial Services
0.27% -0.51% 20.57% 5.01% 1
Utilities
0.00% -0.13% 5.57% 6.26% 4
Technology
0.00% -1.56% 17.65% 4.80% 4
Real Estate
0.00% -0.15% 16.34% 5.22% 4
Industrials
0.00% -0.38% 10.13% 4.70% 4
Healthcare
0.00% -0.69% 12.21% 4.18% 4
Energy
0.00% -0.88% 11.33% 5.11% 4
Communication Services
0.00% -0.15% 7.25% 3.97% 4
Consumer Defense
0.00% -0.34% 10.09% 4.18% 4
Consumer Cyclical
0.00% -0.36% 11.23% 4.80% 4
Basic Materials
0.00% -0.61% 11.87% 4.49% 4

Stock Geographic Breakdown

Weighting Category Low Category High JAFIX % Rank Quintile
US
0.27% -2.63% 89.45% 4.32% 1
Non US
0.00% -1.06% 96.81% 2.80% 4

Bond Sector Breakdown

Weighting Category Low Category High JAFIX % Rank Quintile
Corporate
44.83% 0.00% 221.70% 11.29% 2
Securitized
31.19% 0.00% 116.76% 13.17% 3
Government
14.43% -389.49% 503.27% 18.62% 3
Cash & Equivalents
7.33% -462.00% 275.92% 11.95% 2
Derivative
0.00% -160.06% 38.63% 2.44% 3
Municipal
0.00% 0.00% 102.05% 13.78% 5

Bond Geographic Breakdown

Weighting Category Low Category High JAFIX % Rank Quintile
US
85.26% -370.09% 500.82% 10.78% 2
Non US
5.59% -221.41% 351.70% 23.04% 4

JAFIX - Expenses

Operational Fees

JAFIX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 0.69% 0.00% 42.51% 11.04% 2
Management Fee 0.40% 0.00% 2.15% 2.85% 3
12b-1 Fee N/A 0.00% 1.00% N/A N/A
Administrative Fee 0.25% 0.00% 0.63% 1.04% 5

Sales Fees

JAFIX Fees (% of AUM) Category Low Category High JAFIX Rank Quintile
Front Load N/A 0.00% 5.75% N/A N/A
Deferred Load N/A 0.15% 5.50% N/A N/A

Trading Fees

JAFIX Fees (% of AUM) Category Low Category High JAFIX Rank Quintile
Max Redemption Fee N/A 0.25% 2.00% N/A N/A

Turnover Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

JAFIX Fees (% of AUM) Category Low Category High JAFIX Rank Quintile
Turnover 99.00% 0.00% 1856.00% 10.08% 3

JAFIX - Distributions

Dividend Yield Analysis

JAFIX Category Low Category High JAFIX % Rank Quintile
Dividend Yield 0.3% 0.00% 1.30% 12.23% 2

Dividend Distribution Analysis

JAFIX Category Low Category High Category Mode
Dividend Distribution Frequency Monthly Annually Monthly Annually

Dividend Payout History


Net Income Ratio Analysis

JAFIX Category Low Category High JAFIX % Rank Quintile
Net Income Ratio 2.31% -1.76% 13.35% 12.47% 2

Capital Gain Distribution Analysis

JAFIX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Daily Annually

JAFIX - Managers

Darrell W. Watters

Manager

Start Date

May 31, 2007

Tenure

9.76

Tenure Rank

2.9%

Darrell W. Watters Portfolio Manager Darrell Watters is a Portfolio Manager on the fixed income team. In this role he co-manages the Janus High Yield, Core Plus, Short Duration, Short Duration High Yield, Intermediate Fixed Income, U.S. Corporate Credit, and Long Duration strategies and all related portfolios. Mr. Watters also co-manages the fixed income portion of the Janus Balanced and Perkins Value Plus Income strategies and related portfolios. Mr. Watters has been supporting Janus’ fixed income platform since 1996, serving in portfolio management and research analyst roles. Prior to joining Janus as a municipal bond trader in April 1993, he was a municipal bond trader with Piper Jaffray. Mr. Watters received his bachelor of science degree in economics from Colorado State University. He has 30 years of financial industry experience.


Mayur Saigal

Manager

Start Date

Dec 31, 2015

Tenure

1.16

Tenure Rank

8.4%

Mayur Saigal Global Head of Fixed Income Risk Management | Portfolio Manager Mayur Saigal is Global Head of Fixed Income Risk Management, a position he has held since 2009. Mr. Saigal also co-manages the Janus Real Return, U.S Corporate Credit, Core Plus, Intermediate Fixed Income, Long Duration and Short Duration strategies and all related portfolios. Mr. Saigal also co-manages the fixed income portion of the Janus Balanced strategy. From 2005 to 2009, Mr. Saigal served as a global research analyst on the fixed income team. Prior to joining Janus, he worked as a leveraged loan analyst at ING Investments in Scottsdale, Arizona. Mr. Saigal received his bachelor’s degree in engineering from Mumbai University and his MBA from the Thunderbird School of Global Management. He has 14 years of financial industry experience.


Michael Keough

Manager

Start Date

Dec 31, 2015

Tenure

1.16

Tenure Rank

8.4%

Michael Keough is a Portfolio Manager on the fixed income team. In this role he co-manages the Janus Long Duration, U.S Corporate Credit, Core Plus, and Intermediate Fixed Income strategies and all related portfolios. Mr. Keough also serves as a Global Research Analyst, focusing primarily on diversified manufacturing, technology and telecom sectors. He also serves as an Assistant Portfolio Manager on certain other fixed income strategies. He joined Janus as a research analyst in January 2007. Prior to his investment management career, Mr. Keough served as an officer in the United States Air Force at the rank of Captain. Mr. Keough received his bachelor of science degree in business/management from the United States Air Force Academy. He has 10 years of financial industry experience.


Tenure Analysis

Category Low

0.0

Category High

28.2

Category Average

6.2

Category Mode

2.2