JANUS INVESTMENT FUND
JANUS SPECIAL SITUATIONS FUND
Supplement dated December 12, 1996 to Prospectus dated November 29, 1996
The first paragraph of the section entitled "Distributions" on page 13 of the
Prospectus is amended as follows:
To avoid taxation, the Internal Revenue Code requires the Fund to distribute net
income and any net gains realized by its investments annually. The Fund's income
from dividends and interest and any net realized short-term capital gains are
paid to shareholders as ordinary income dividends. Net realized long-term gains
are paid to shareholders as capital gains distributions. Dividends and capital
gains distributions are declared and paid in December.