INTECH Global Dividend Fund EQUITY INCOME FROM DEVELOPED MARKETS A: JGDAX
C: JGDCX S: JGDSX
Class A Shares as of 3/31/14
Fund Overview Global Equity Income Fund
25+ Years of Disciplined Investing
Income + Appreciation Potential
Diversified portfolio of high dividend paying companies from developed markets with at least a five-year history of consistent dividend payments.
Mathematical investment process is disciplined, repeatable and provides styleconsistent portfolios. INTECH is one of the largest quantitative equity managers in the United States.
Seeks to balance dividend income and longterm growth of capital, which together may help offset the negative consequences of inflation.
Average Annual Total Returns
Since Inception (12/15/11)
Class A Shares @ NAV
Class A Shares @ MOP
MSCI World IndexSM
MSCI World High Dividend Yield Index
Annual Expense Ratio: Gross 2.69% / Net 0.77%† As of 3/31/2014, the 30 Day SEC Yield for Class A Shares was 2.85%‡ 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 call 877.33JANUS (52687) or visit janus.com/advisor/mutual-funds. Performance shown for Class A Shares at Maximum Offering Price (MOP) includes the Fund’s maximum sales charge of 5.75%. Performance shown at Net Asset Value (NAV) does not include this sales charge and would have been lower had this sales charge been taken into account. †
Net expense ratios reflect the expense waiver, if any, Janus Capital has contractually agreed to through 11/1/14.
Calendar Year Returns (%)
Class A Shares @ NAV
MSCI World IndexSM
The SEC standardized yield is computed under an SEC standardized formula and reflects an estimated yield to maturity (assuming all portfolio securities are held to maturity). Returns and yields shown include fee waivers, if any, and without such waivers the Fund’s yield would have been 1.51%. Returns include reinvestment of dividends and capital gains. Continued on back page.
1Q14 Class A Shares as of 3/31/14
INTECH Global Dividend Fund
Fund Details Sector Allocation (% of Fund) Industrials Financials Consumer Discretionary Utilities Health Care Consumer Staples Telecommunication Services Information Technology Materials Energy Cash & Equivalents
Developed vs. Emerging Market Exposure 17.44 14.31 13.86 11.57 9.87 9.33 7.25 7.17 4.08 3.56 1.56
Top Holdings (% of Fund) AstraZeneca PLC Bristol-Myers Squibb Co. Gas Natural SDG S.A. Hoya Corp. Legal & General Group PLC Lockheed Martin Corp. Lorillard, Inc. Raytheon Co. Seagate Technology PLC Siemens A.G. Total 16.94 Holdings are subject to change without notice. For a complete list of holdings as of the most recent publicly available disclosure period, visit janus.com/advisor/mutual-funds.
(% of Fund) Non-U.S. Developed U.S. Cash & Equivalents
68.11 30.33 1.56
Countries (% of Fund) United States United Kingdom France Japan Canada Netherlands Australia Switzerland Spain Germany Total Country and/or regional weights based on MSCI classifications.
Adrian Banner, Ph.D. Vassilios Papathanakos, Ph.D. Joseph Runnels, CFA Phillip Whitman, Ph.D.
Fund Assets Distribution Frequency
30.32 14.57 6.11 5.13 5.11 4.66 4.65 3.99 3.62 3.36 81.52
$16.5 M Monthly
Number of Holdings
Turnover (1-yr trailing)
Weighted Average Market Cap
Morningstar Category World Stock
Ready to learn more? Contact your Financial Advisor today. Please consider the charges, risks, expenses and investment objectives carefully before investing. For a prospectus or, if available, a summary prospectus containing this and other information, please call Janus at 877.33JANUS (52687) or download the file from janus.com/info. Read it carefully before you invest or send money. For a period of three years subsequent to the effective date, Janus Capital may recover from the Fund fees and expenses previously waived or reimbursed if the Fund's expense ratio, including recovered expenses, falls below the expense limit. A Fund’s performance may be affected by risks that include those associated with nondiversification, non-investment grade debt securities, high-yield/high-risk securities, undervalued or overlooked companies, investments in specific industries or countries and potential conflicts of interest. Additional risks to a Fund may also include, but are not limited to, those associated with investing in foreign securities, emerging markets, initial public offerings, real estate investment trusts (REITs), derivatives, short sales, commodity-linked investments and companies with relatively small market capitalizations. Each Fund has different risks. Please see a Janus prospectus for more information about risks, Fund holdings and other details. Foreign securities are subject to additional risks including currency fluctuations, political and economic uncertainty, increased volatility and differing financial and information reporting standards, all of which are magnified in emerging markets. The proprietary mathematical process used by INTECH may not achieve the desired results. Since the Fund's portfolio is periodically re-balanced, this may result in a higher portfolio turnover rate, higher expenses and potentially higher net taxable gains or losses compared to a "buy and hold" or index fund strategy. MSCI World IndexSM is a market capitalization weighted index composed of companies representative of the market structure of developed market countries in North America, Europe and the Asia/Pacific Region. The index includes reinvestment of dividends, net of foreign withholding taxes. MSCI World High Dividend Yield Index is designed to reflect the performance of the high dividend yield securities contained within the broader MSCI World Index. MSCI World High Dividend Yield Index includes large and mid cap stocks from developed markets across the Americas, Asia-Pacific and Europe. A Fund’s portfolio may differ significantly from the securities held in an index. An index is unmanaged and not available for direct investment; therefore its performance does not reflect the expenses associated with the active management of an actual portfolio. INTECH Investment Management LLC is an indirect subsidiary of Janus Capital Group Inc. and serves as the sub-adviser on certain products. © 2014 Morningstar, Inc. All Rights Reserved. Fund distributed by Janus Distributors LLC C-0314-60434 07-15-14