Fund Description

The fund was incepted in September 1992 and is managed by Janus Group. The objective of this fund is to seek long-term capital growth, consistent with preservation of capital and balanced by current income. The fund normally invests 40-60% of its assets in securities selected primarily for their growth potential and 40-60% of its assets in securities selected primarily for their income potential. The fund normally invests at least 25% of its assets in fixed-income senior securities and limits its investment in high-yield/high-risk bonds to less than 35% of its net assets. The fund also invests without limit in foreign equity and debt securities. The fund distributes dividends and capital gains annually.