Janus Announces April Assets Under Management
DENVER--(BUSINESS WIRE)--May 6, 2003--At the close of the market on April 30, 2003, Janus Capital Group Inc. (NYSE: JNS) reported total assets under management of approximately $141.4 billion, up 6.6% from the end of March.
Janus Capital Group's average assets under management during April were approximately $137.9 billion, an increase of 3.1% from average assets during March.
For the 12 months ended April 30, 2003, 50% of the mutual funds and 64% of the mutual fund assets managed by Janus Capital Group subsidiaries ranked in Lipper's first and second quartiles.(a) (These performance figures exclude multiple share classes, Janus World Funds, subadvised funds, and money market funds.)
About Janus Capital Group Inc.
Based in Denver, Colorado, Janus Capital Group Inc. is a leading asset manager offering individual investors and institutional clients complementary asset management disciplines through the firm's global distribution network.
Janus Capital Group consists of Janus Capital Management LLC, Enhanced Investment Technologies, LLC (INTECH) and Bay Isle Financial LLC. Janus Capital Group owns approximately 33% of DST Systems, Inc. (NYSE: DST) and has agreed to take a 30% ownership stake in Perkins, Wolf, McDonnell and Company's investment advisory business.
This press release includes statements concerning potential future events involving Janus Capital Group Inc. that could differ materially from the events that actually occur. The differences could be caused by a number of factors including those factors identified in Janus' Annual Report on Form 10-K for the year ended December 31, 2002 on file with the Securities and Exchange Commission (Commission file no. 001-15253). Janus will not update any forward-looking statement made in this press release to reflect future events or developments.
For a Janus funds prospectus please call Janus at 800-525-3713 or download the file from janus.com. The prospectus contains more information, including charges, risks and expenses. Read it carefully before you invest or send money.
Past performance is no guarantee of future results.
(a) Lipper performance percentages include funds with a minimum track
record of one year. Funds included are 22 Janus Investment funds,
12 Janus Adviser funds, and 12 Janus Aspen funds. Excludes
multiple share classes, Janus World Funds, sub-advised funds, and
money markets. Funds are ranked within their corresponding Lipper
classification for the specified time period. Percentage of funds
consists of the total number of funds in each quartile divided by
the total number of funds represented. Funds ranked in first
quartile are 14, funds ranked in second quartile are 9, funds
ranked in third quartile are 9, funds ranked in fourth quartile
are 14 and total funds are 46.
Percent of assets is calculated by totaling each fund's assets by the corresponding quartile and dividing by the total assets of funds represented as of April 30, 2003. Funds assets for the first quartile are $33.6 billion, funds assets for the second quartile are $22.1 billion, funds assets for the third quartile are $6.0 billion, funds assets for the fourth quartile are $26.0 billion and funds total assets are $87.7 billion.
Lipper, a Reuters company, is a nationally recognized organization that ranks the performance of mutual funds within a universe of funds that have similar investment objectives. Rankings are historical and are based on total return with capital gains and dividends reinvested. Some funds have experienced poor or negative short-term performance.
Lipper Rankings as of 4/30/03
Janus Investment Fund
1-Year 5-Year 10-Year
Lipper Category Ranking Ranking Ranking
Growth Funds
Janus Fund(1) LargeCap Growth Funds 301/634 86/310 31/84
Janus Enterprise
Fund MultiCap Growth Funds 105/397 83/170 32/49
Janus Growth and
Income Fund LargeCap Core Funds 219/997 17/521 3/171
Janus Mercury Fund LargeCap Growth Funds 142/634 21/310 -
Janus Olympus Fund LargeCap Growth Funds 496/634 10/310 -
Janus Orion Fund MultiCap Growth Funds 211/397 - -
Janus Twenty Fund(b) LargeCap Growth Funds 11/634 73/310 11/84
Janus Venture Fund(b) SmallCap Growth Funds 243/428 61/225 26/46
International/Global Funds
Janus Global Life
Sciences Fund Health/Biotechnology
Funds 155/182 - -
Janus Global
Technology Fund Science & Technology
Funds 190/346 - -
Janus Global
Value Fund Global Funds 303/316 - -
Janus Overseas
Fund(b) International Funds 710/823 95/457 -
Janus Worldwide Fund Global Funds 273/316 92/167 7/36
Core Funds
Janus Balanced Fund Balanced Funds 59/509 7/336 4/98
Janus Core Equity
Fund LargeCap Core Funds 473/997 7/521 -
Janus Special
Equity Fund(2) MultiCap Core Funds 416/485 - -
Value Funds
Janus Mid Cap Value
Fund-Inv. Shares(3) MidCap Value Funds 78/207 - -
Janus Small Cap Value
Fund-Inv.
Shares(b)(4) SmallCap Value Funds 162/244 9/115 -
Income Funds
Janus Federal
Tax-Exempt Fund General Muni Debt
Funds 37/292 112/215 -
Janus Flexible
Income Fund Intermediate Investment
Grade Debt Funds 15/389 148/210 3/84
Janus High-Yield Fund High Current Yield
Funds 237/385 20/212 -
Janus Short-Term
Bond Fund Short Investment Grade
Debt Funds 95/132 54/94 17/35
Lipper Rankings as of 4/30/03
Janus Aspen Series - Institutional Shares
1-Year 5-Year
Lipper Category Ranking Ranking
Growth Funds
Aggressive Growth
Portfolio(5) VA MultiCap Growth Funds 25/101 20/45
Capital Appreciation
Portfolio VA LargeCap Growth Funds 6/130 2/62
Growth Portfolio VA LargeCap Growth Funds 61/130 23/62
Growth and Income Portfolio VA LargeCap Core Funds 82/202 -
International/Global Funds
Global Life Sciences
Portfolio VA Specialty/Misc. 68/116 -
Global Technology Portfolio VA Specialty/Misc. 92/116 -
International Growth
Portfolio VA International Funds 159/176 22/104
Worldwide Growth Portfolio VA Global Funds 58/68 25/37
Core Funds
Balanced Portfolio VA Balanced Funds 14/72 1/53
Core Equity Portfolio VA LargeCap Core Funds 131/202 2/110
Value Funds
Strategic Value Portfolio(6) VA MultiCap Value Funds 81/91 -
Income Fund
Flexible Income Portfolio(7) VA General Bond Funds 12/38 3/22
Lipper Rankings as of 4/30/03
Janus Adviser Series - I Shares
1-Year 5-Year
Lipper Category Ranking Ranking
Growth Funds
Aggressive Growth Fund(8) MultiCap Growth Funds 104/397 86/170
Capital Appreciation Fund LargeCap Growth Funds 42/634 3/310
Growth Fund LargeCap Growth Funds 414/634 63/310
Growth and Income Fund LargeCap Core Funds 101/997 -
International/Global Funds
International Value Fund International Funds 809/823 -
International Fund(9) International Funds 756/823 80/457
Worldwide Fund Global Funds 281/316 68/167
Core Funds
Balanced Fund Balanced Funds 62/509 4/336
Core Equity Fund LargeCap Core Funds 381/997 5/521
Value Funds
Small Cap Value Fund SmallCap Value Funds 27/244 -
Strategic Value Fund(10) MidCap Core Funds 263/308 -
Income Funds
Flexible Income Fund Int. Inv. Grade
Debt Funds 20/389 128/210
(b) Closed to new investors.
(1) On 2/28/03, Janus Fund 2 merged into Janus Fund.
(2) On 2/28/03, Janus Special Situations Fund merged into Janus
Strategic Value Fund and the fund was renamed to Janus Special
Equity Fund.
(3) On 4/17/03, Berger Mid Cap Value Fund was reorganized into Janus
Mid Cap Value Fund.
(4) On 4/17/03, Berger Small Cap Value Fund was reorganized into Janus
Small Cap Value Fund.
(5) On 5/1/03, Janus Aspen Aggressive Growth Portfolio changed its
name to Janus Aspen Mid Cap Growth Portfolio. Certain key
investment policies of the Portfolio changed to invest at least
80% of its net assets in equity securities of mid-sized companies.
Please see the prospectus for more information.
(6) Janus Aspen Strategic Value Portfolio reorganized into Janus Aspen
Mid Cap Value Portfolio on 5/1/03.
(7) On 5/1/03, certain key investment policies of Janus Aspen Flexible
Income Portfolio changed to invest at least 65% of its assets in
investment grade debt securities and maintain a dollar-weighted
average portfolio maturity of five to ten years. The Portfolio
also limits its investment in high-yield/high-risk bonds to less
than 35% of its net assets.
(8) On 6/2/03, Janus Adviser Aggressive Growth Fund will change its
name to Janus Adviser Mid Cap Growth Fund. Certain key investment
policies of the Fund will change to invest at least 80% of its net
assets in equity securities of mid-sized companies. Please see the
prospectus for more information.
(9) On 6/2/03, Janus Adviser International Fund will change its name
to Janus Adviser International Growth Fund.
(10) Janus Adviser Strategic Value Fund will reorganize into Janus
Adviser Mid Cap Value Fund pending shareholder approval. If
approved, the reorganization is expected to be effective on or
about 6/2/03.
Janus funds are distributed by Janus Distributors LLC. (5/03)
CONTACT: Janus Capital Group Inc.Blair Johnson, 720/210-1439
Shelley Peterson, 303/316-5625
SOURCE: Janus Capital Group Inc.
