WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from financial
statements dated April 30, 2000 included in the Fund's Semiannual Report and is
qualified in its entirely by reference to such financial statements.
</LEGEND>
<CIK> 0000277751
<NAME> JANUS STRATEGIC VALUE FUND
<SERIES>
<NUMBER> 023
<NAME> JANUS STRATEGIC VALUE FUND
<MULTIPLIER> 1,000
<CURRENCY> U.S. DOLLARS
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> OCT-31-2000
<PERIOD-START> NOV-01-1999
<PERIOD-END> APR-30-2000
<EXCHANGE-RATE> 1.000
<INVESTMENTS-AT-COST> 2,708,866
<INVESTMENTS-AT-VALUE> 2,932,754
<RECEIVABLES> 32,134
<ASSETS-OTHER> 557
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 2,965,445
<PAYABLE-FOR-SECURITIES> 54,009
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 9,713
<TOTAL-LIABILITIES> 63,722
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 2,663,638
<SHARES-COMMON-STOCK> 260,996
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 1,252
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 12,945
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 223,888
<NET-ASSETS> 2,901,723
<DIVIDEND-INCOME> 1,419
<INTEREST-INCOME> 4,273
<OTHER-INCOME> 0
<EXPENSES-NET> 4,440
<NET-INVESTMENT-INCOME> 1,252
<REALIZED-GAINS-CURRENT> 12,945
<APPREC-INCREASE-CURRENT> 223,888
<NET-CHANGE-FROM-OPS> 238,085
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 297,572
<NUMBER-OF-SHARES-REDEEMED> (36,576)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 2,901,723
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 2,528
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 4,515
<AVERAGE-NET-ASSETS> 2,296,182
<PER-SHARE-NAV-BEGIN> 10.000
<PER-SHARE-NII> 0.000
<PER-SHARE-GAIN-APPREC> 1.120
<PER-SHARE-DIVIDEND> 0.000
<PER-SHARE-DISTRIBUTIONS> 0.000
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 11.120
<EXPENSE-RATIO> 1.160
</TABLE>
