Janus Equity Income Fund
Supplement dated January 1, 2000 to Prospectus
dated February 17, 1999
THIS INFORMATION SUPPLEMENTS THE FUND'S PROSPECTUS DATED FEBRUARY 17, 1999. THIS
SUPPLEMENT, TOGETHER WITH THE PROSPECTUS, CONSTITUTE A CURRENT PROSPECTUS. TO
REQUEST ANOTHER COPY OF THE PROSPECTUS, PLEASE CALL 1-800-525-3713.
The following information replaces the information in the PORTFOLIO MANAGER
section on page 34 of the Prospectus:
Karen L. Reidy is Executive Vice President and portfolio manager of Janus Equity
Income Fund. Ms. Reidy is also Executive Vice President and portfolio manager of
Janus Balanced Fund. She replaces Blaine P. Rollins who previously managed Janus
Equity Income Fund and Janus Balanced Fund. She is also an assistant portfolio
manager of Janus Fund. Prior to joining Janus Capital in 1995, she worked for
Price Waterhouse as a manager in both the Mergers and Acquisitions and Audit
business units. In this capacity, Ms. Reidy performed due diligence work for
corporate clients and oversaw audit engagements. She received an undergraduate
degree in Accounting from the University of Colorado in 1989 and passed the CPA
exam in 1992. She is a Chartered Financial Analyst.
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