JANUS INVESTMENT FUND
JANUS SPECIAL SITUATIONS FUND
Supplement dated December 12, 1996 to
Statement of Additional Information dated November 29, 1996
The first paragraph of the section entitled "Income Dividends, Capital Gains
Distributions and Tax Status" on page 20 of the Statement of Additional
Information is amended as follows:
It is a policy of the Fund to make distributions of substantially all of its
investment income and any net realized capital gains. The Fund declares and
makes annual distributions of income (if any). Any capital gains realized during
each fiscal year ended October 31, as defined by the Code, are normally declared
and payable to shareholders in December. The Fund intends to qualify as a
regulated investment company by satisfying certain requirements prescribed by
Subchapter M of the Code.