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062 C000600 0.0
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062 E000600 0.0
062 F000600 0.0
062 G000600 0.0
062 H000600 0.0
062 I000600 0.0
062 J000600 0.0
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062 L000600 0.3
062 M000600 0.0
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062 O000600 0.0
062 P000600 63.6
<PAGE> PAGE 21
062 Q000600 0.0
062 R000600 0.0
063 A000600 0
063 B000600 2.1
064 A000600 N
064 B000600 N
070 A010600 Y
070 A020600 Y
070 B010600 Y
070 B020600 N
070 C010600 Y
070 C020600 N
070 D010600 Y
070 D020600 N
070 E010600 Y
070 E020600 N
070 F010600 Y
070 F020600 N
070 G010600 Y
070 G020600 N
070 H010600 Y
070 H020600 N
070 I010600 Y
070 I020600 N
070 J010600 Y
070 J020600 N
070 K010600 Y
070 K020600 N
070 L010600 Y
070 L020600 N
070 M010600 Y
070 M020600 N
070 N010600 Y
070 N020600 N
070 O010600 Y
070 O020600 N
070 P010600 N
070 P020600 N
070 Q010600 N
070 Q020600 N
070 R010600 Y
070 R020600 N
071 A000600 12323
071 B000600 9868
071 C000600 4557
071 D000600 217
072 A000600 6
072 B000600 138
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072 D000600 0
072 E000600 0
<PAGE> PAGE 22
072 F000600 15
072 G000600 0
072 H000600 0
072 I000600 0
072 J000600 3
072 K000600 0
072 L000600 0
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072 T000600 0
072 U000600 0
072 V000600 0
072 W000600 -2
072 X000600 16
072 Y000600 1
072 Z000600 123
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072BB000600 77
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073 A010600 0.2500
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074 B000600 0
074 C000600 0
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074 M000600 1
074 N000600 6081
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<PAGE> PAGE 23
074 R030600 0
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074 Y000600 0
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075 B000600 4637
076 000600 0.00
024 000700 N
025 A000701 DELETE
025 D000701 0
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025 D000704 0
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028 B040700 239
028 C010700 545
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028 E010700 593
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028 F040700 128
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<PAGE> PAGE 24
028 G040700 1024
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058 A000700 N
059 000700 Y
060 A000700 Y
060 B000700 Y
061 000700 500
062 A000700 N
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062 D000700 0.0
062 E000700 0.0
062 F000700 0.0
062 G000700 0.0
062 H000700 0.0
062 I000700 0.0
062 J000700 0.0
062 K000700 0.0
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063 A000700 0
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071 A000700 2482
071 B000700 1070
071 C000700 2382
071 D000700 45
072 A000700 6
072 B000700 5
072 C000700 20
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<PAGE> PAGE 25
072 U000700 0
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072 X000700 29
072 Y000700 13
072 Z000700 9
072AA000700 119
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072CC010700 374
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072DD020700 0
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073 A010700 0.0820
073 A020700 0.0000
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073 C000700 0.0000
074 A000700 171
074 B000700 0
074 C000700 900
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074 F000700 3219
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074 V010700 14.21
074 V020700 0.00
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076 000700 0.00
028 A010800 984
<PAGE> PAGE 26
028 A020800 9
028 A030800 0
028 A040800 1134
028 B010800 1368
028 B020800 8
028 B030800 0
028 B040800 1022
028 C010800 3227
028 C020800 12
028 C030800 0
028 C040800 2512
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028 D030800 0
028 D040800 2050
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028 F030800 0
028 F040800 1789
028 G010800 12502
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028 G040800 11069
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059 000800 Y
060 A000800 Y
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<PAGE> PAGE 27
063 A000800 7
063 B000800 0.0
064 A000800 N
064 B000800 N
070 A010800 Y
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070 C020800 N
070 D010800 N
070 D020800 N
070 E010800 N
070 E020800 N
070 F010800 N
070 F020800 N
070 G010800 N
070 G020800 N
070 H010800 N
070 H020800 N
070 I010800 N
070 I020800 N
070 J010800 Y
070 J020800 N
070 K010800 N
070 K020800 N
070 L010800 N
070 L020800 N
070 M010800 N
070 M020800 N
070 N010800 N
070 N020800 N
070 O010800 N
070 O020800 N
070 P010800 N
070 P020800 N
070 Q010800 N
070 Q020800 N
070 R010800 N
070 R020800 N
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<PAGE> PAGE 28
072 H000800 0
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074 A000800 7
074 B000800 800
074 C000800 2508
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<PAGE> PAGE 29
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024 000900 N
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045 000900 Y
046 000900 N
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<PAGE> PAGE 30
048 C020900 0.000
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050 000900 N
051 000900 N
052 000900 N
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062 P000900 86.9
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064 B000900 N
066 A000900 N
<PAGE> PAGE 31
067 000900 N
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070 D020900 N
070 E010900 Y
070 E020900 N
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070 G020900 N
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070 J010900 Y
070 J020900 Y
070 K010900 Y
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070 L020900 N
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<PAGE> PAGE 32
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<PAGE> PAGE 33
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SIGNATURE GLENN P. O'FLAHERTY
TITLE TREASURER
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from financial
statements dated June 30, 1996 included in the Fund's Semiannual Report and is
qualified in its entirety by reference to such financial statements.
</LEGEND>
<SERIES>
<NUMBER> 001
<NAME> JANUS ASPEN GROWTH PORTFOLIO
<MULTIPLIER> 1,000
<CURRENCY> U.S. DOLLARS
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1996
<PERIOD-START> JAN-1-1996
<PERIOD-END> JUN-30-1996
<EXCHANGE-RATE> 1.000
<INVESTMENTS-AT-COST> 188,613
<INVESTMENTS-AT-VALUE> 212,008
<RECEIVABLES> 2,789
<ASSETS-OTHER> 503
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 215,300
<PAYABLE-FOR-SECURITIES> 1,920
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 233
<TOTAL-LIABILITIES> 2,153
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 183,685
<SHARES-COMMON-STOCK> 14,594
<SHARES-COMMON-PRIOR> 9,436
<ACCUMULATED-NII-CURRENT> (2,152)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 8,306
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 23,308
<NET-ASSETS> 213,147
<DIVIDEND-INCOME> 964
<INTEREST-INCOME> 745
<OTHER-INCOME> 0
<EXPENSES-NET> 578
<NET-INVESTMENT-INCOME> 1,131
<REALIZED-GAINS-CURRENT> 6,050
<APPREC-INCREASE-CURRENT> 8,907
<NET-CHANGE-FROM-OPS> 16,088
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (3,284)
<DISTRIBUTIONS-OF-GAINS> (984)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 5,404
<NUMBER-OF-SHARES-REDEEMED> (540)
<SHARES-REINVESTED> 294
<NET-CHANGE-IN-ASSETS> 86,236
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 3,241
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 553
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 580
<AVERAGE-NET-ASSETS> 170,326
<PER-SHARE-NAV-BEGIN> 13.450
<PER-SHARE-NII> 0.380
<PER-SHARE-GAIN-APPREC> 1.070
<PER-SHARE-DIVIDEND> (0.230)
<PER-SHARE-DISTRIBUTIONS> (0.070)
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 14.600
<EXPENSE-RATIO> 0.680
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.000
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from financial
statements dated June 30, 1996 included in the Fund's Semiannual Report and is
qualified in its entirety by reference to such financial statements.
</LEGEND>
<SERIES>
<NUMBER> 002
<NAME> Janus Aspen Aggressive Growth Portfolio
<MULTIPLIER> 1,000
<CURRENCY> U.S. Dollars
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1996
<PERIOD-START> JAN-1-1996
<PERIOD-END> JUN-30-1996
<EXCHANGE-RATE> 1.000
<INVESTMENTS-AT-COST> 265,979
<INVESTMENTS-AT-VALUE> 315,803
<RECEIVABLES> 4,613
<ASSETS-OTHER> 269
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 320,685
<PAYABLE-FOR-SECURITIES> 8,589
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 510
<TOTAL-LIABILITIES> 9,099
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 257,403
<SHARES-COMMON-STOCK> 16,482
<SHARES-COMMON-PRIOR> 10,885
<ACCUMULATED-NII-CURRENT> (2,960)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 7,607
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 49,536
<NET-ASSETS> 311,586
<DIVIDEND-INCOME> 136
<INTEREST-INCOME> 413
<OTHER-INCOME> 0
<EXPENSES-NET> 904
<NET-INVESTMENT-INCOME> (355)
<REALIZED-GAINS-CURRENT> 5,413
<APPREC-INCREASE-CURRENT> 20,512
<NET-CHANGE-FROM-OPS> 25,570
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (2,605)
<DISTRIBUTIONS-OF-GAINS> (635)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 5,919
<NUMBER-OF-SHARES-REDEEMED> (498)
<SHARES-REINVESTED> 176
<NET-CHANGE-IN-ASSETS> 125,675
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 2,829
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 885
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 905
<AVERAGE-NET-ASSETS> 243,754
<PER-SHARE-NAV-BEGIN> 17.080
<PER-SHARE-NII> (0.020)
<PER-SHARE-GAIN-APPREC> 2.040
<PER-SHARE-DIVIDEND> (0.160)
<PER-SHARE-DISTRIBUTIONS> (0.040)
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 18.900
<EXPENSE-RATIO> 0.750
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.000
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from financial
statements dated June 30, 1996 included in the Fund's Semiannual Report and is
qualified in its entirety by reference to such financial statements.
</LEGEND>
<SERIES>
<NUMBER> 003
<NAME> JANUS ASPEN WORLDWIDE GROWTH PORTFOLIO
<MULTIPLIER> 1,000
<CURRENCY> U.S. DOLLARS
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1996
<PERIOD-START> JAN-1-1996
<PERIOD-END> JUN-30-1996
<EXCHANGE-RATE> 1.000
<INVESTMENTS-AT-COST> 255,170
<INVESTMENTS-AT-VALUE> 296,735
<RECEIVABLES> 7,590
<ASSETS-OTHER> 2,571
<OTHER-ITEMS-ASSETS> 2
<TOTAL-ASSETS> 306,898
<PAYABLE-FOR-SECURITIES> 7,689
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 308
<TOTAL-LIABILITIES> 7,997
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 250,718
<SHARES-COMMON-STOCK> 16,398
<SHARES-COMMON-PRIOR> 7,090
<ACCUMULATED-NII-CURRENT> (307)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 6,037
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 42,453
<NET-ASSETS> 298,901
<DIVIDEND-INCOME> 1,707
<INTEREST-INCOME> 396
<OTHER-INCOME> 0
<EXPENSES-NET> 710
<NET-INVESTMENT-INCOME> 1,393
<REALIZED-GAINS-CURRENT> 5,765
<APPREC-INCREASE-CURRENT> 28,914
<NET-CHANGE-FROM-OPS> 36,072
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (2,145)
<DISTRIBUTIONS-OF-GAINS> (1,069)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 9,606
<NUMBER-OF-SHARES-REDEEMED> (475)
<SHARES-REINVESTED> 177
<NET-CHANGE-IN-ASSETS> 190,338
<ACCUMULATED-NII-PRIOR> 445
<ACCUMULATED-GAINS-PRIOR> 1,341
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 630
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 713
<AVERAGE-NET-ASSETS> 190,772
<PER-SHARE-NAV-BEGIN> 15.310
<PER-SHARE-NII> 0.090
<PER-SHARE-GAIN-APPREC> 3.030
<PER-SHARE-DIVIDEND> (0.130)
<PER-SHARE-DISTRIBUTIONS> (0.070)
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 18.230
<EXPENSE-RATIO> 0.750
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.000
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from financial
statements dated June 30, 1996 included in the Fund's Semiannual Report and is
qualified in its entirety by reference to such financial statements.
</LEGEND>
<SERIES>
<NUMBER> 004
<NAME> Janus Aspen Balanced Portfolio
<MULTIPLIER> 1,000
<CURRENCY> U.S. Dollars
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1996
<PERIOD-START> JAN-1-1996
<PERIOD-END> JUN-30-1996
<EXCHANGE-RATE> 1.000
<INVESTMENTS-AT-COST> 39,559
<INVESTMENTS-AT-VALUE> 40,740
<RECEIVABLES> 917
<ASSETS-OTHER> 58
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 41,715
<PAYABLE-FOR-SECURITIES> 105
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 55
<TOTAL-LIABILITIES> 160
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 39,286
<SHARES-COMMON-STOCK> 3,036
<SHARES-COMMON-PRIOR> 1,076
<ACCUMULATED-NII-CURRENT> (185)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 1,283
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 1,171
<NET-ASSETS> 41,555
<DIVIDEND-INCOME> 111
<INTEREST-INCOME> 416
<OTHER-INCOME> 0
<EXPENSES-NET> 134
<NET-INVESTMENT-INCOME> 393
<REALIZED-GAINS-CURRENT> 1,023
<APPREC-INCREASE-CURRENT> 274
<NET-CHANGE-FROM-OPS> 1,690
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (578)
<DISTRIBUTIONS-OF-GAINS> (17)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 2,110
<NUMBER-OF-SHARES-REDEEMED> (194)
<SHARES-REINVESTED> 44
<NET-CHANGE-IN-ASSETS> 27,534
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 277
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 109
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 136
<AVERAGE-NET-ASSETS> 27,364
<PER-SHARE-NAV-BEGIN> 13.030
<PER-SHARE-NII> 0.130
<PER-SHARE-GAIN-APPREC> 0.730
<PER-SHARE-DIVIDEND> (0.190)
<PER-SHARE-DISTRIBUTIONS> (0.010)
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 13.690
<EXPENSE-RATIO> 1.000
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.000
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from financial
statements dated June 30, 1996 included in the Fund's Semiannual Report and is
qualified in its entirety by reference to such financial statements.
</LEGEND>
<SERIES>
<NUMBER> 005
<NAME> JANUS ASPEN FLEXIBLE INCOME PORTFOLIO
<MULTIPLIER> 1,000
<CURRENCY> U.S. DOLLARS
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1996
<PERIOD-START> JAN-1-1996
<PERIOD-END> JUN-30-1996
<EXCHANGE-RATE> 1.000
<INVESTMENTS-AT-COST> 17,473
<INVESTMENTS-AT-VALUE> 17,480
<RECEIVABLES> 951
<ASSETS-OTHER> 152
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 18,583
<PAYABLE-FOR-SECURITIES> 1,206
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 22
<TOTAL-LIABILITIES> 1,228
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 17,291
<SHARES-COMMON-STOCK> 1,618
<SHARES-COMMON-PRIOR> 975
<ACCUMULATED-NII-CURRENT> (247)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 310
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 1
<NET-ASSETS> 17,355
<DIVIDEND-INCOME> 2
<INTEREST-INCOME> 563
<OTHER-INCOME> 0
<EXPENSES-NET> 57
<NET-INVESTMENT-INCOME> 508
<REALIZED-GAINS-CURRENT> 53
<APPREC-INCREASE-CURRENT> (372)
<NET-CHANGE-FROM-OPS> 189
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (755)
<DISTRIBUTIONS-OF-GAINS> (8)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 851
<NUMBER-OF-SHARES-REDEEMED> (279)
<SHARES-REINVESTED> 71
<NET-CHANGE-IN-ASSETS> 6,524
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 265
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 45
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 57
<AVERAGE-NET-ASSETS> 13,974
<PER-SHARE-NAV-BEGIN> 11.11
<PER-SHARE-NII> 0.35
<PER-SHARE-GAIN-APPREC> (0.23)
<PER-SHARE-DIVIDEND> (0.49)
<PER-SHARE-DISTRIBUTIONS> (0.01)
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 10.73
<EXPENSE-RATIO> 0.83
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from financial
statements dated June 30, 1996 included in the Fund's Semiannual Report and is
qualified in its entirety by reference to such financial statements.
</LEGEND>
<SERIES>
<NUMBER> 006
<NAME> JANUS ASPEN SHORT TERM BOND PORTFOLIO
<MULTIPLIER> 1,000
<CURRENCY> U.S. DOLLARS
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1996
<PERIOD-START> JAN-1-1996
<PERIOD-END> JUN-30-1996
<EXCHANGE-RATE> 1.000
<INVESTMENTS-AT-COST> 5,718
<INVESTMENTS-AT-VALUE> 5,715
<RECEIVABLES> 346
<ASSETS-OTHER> 20
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 6,081
<PAYABLE-FOR-SECURITIES> 301
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 48
<TOTAL-LIABILITIES> 349
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 5,811
<SHARES-COMMON-STOCK> 584
<SHARES-COMMON-PRIOR> 318
<ACCUMULATED-NII-CURRENT> (4)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (72)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (3)
<NET-ASSETS> 5,732
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 138
<OTHER-INCOME> 0
<EXPENSES-NET> 15
<NET-INVESTMENT-INCOME> 123
<REALIZED-GAINS-CURRENT> (77)
<APPREC-INCREASE-CURRENT> (27)
<NET-CHANGE-FROM-OPS> 19
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (144)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 357
<NUMBER-OF-SHARES-REDEEMED> (106)
<SHARES-REINVESTED> 15
<NET-CHANGE-IN-ASSETS> 2,545
<ACCUMULATED-NII-PRIOR> 16
<ACCUMULATED-GAINS-PRIOR> 5
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 15
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 16
<AVERAGE-NET-ASSETS> 4,637
<PER-SHARE-NAV-BEGIN> 10.030
<PER-SHARE-NII> 0.190
<PER-SHARE-GAIN-APPREC> (0.160)
<PER-SHARE-DIVIDEND> (0.250)
<PER-SHARE-DISTRIBUTIONS> 0.000
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 9.810
<EXPENSE-RATIO> 0.670
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from financial
statements dated June 30, 1996 included in the Fund's Semiannual Report and is
qualified in its entirety by reference to such financial statements.
</LEGEND>
<SERIES>
<NUMBER> 007
<NAME> JANUS ASPEN INTERNATIONAL PORTFOLIO
<MULTIPLIER> 1,000
<CURRENCY> U.S. DOLLARS
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1996
<PERIOD-START> JAN-1-1996
<PERIOD-END> JUN-30-1996
<EXCHANGE-RATE> 1.000
<INVESTMENTS-AT-COST> 3,666
<INVESTMENTS-AT-VALUE> 4,348
<RECEIVABLES> 154
<ASSETS-OTHER> 182
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 4,684
<PAYABLE-FOR-SECURITIES> 188
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 16
<TOTAL-LIABILITIES> 204
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 3,680
<SHARES-COMMON-STOCK> 315
<SHARES-COMMON-PRIOR> 135
<ACCUMULATED-NII-CURRENT> (6)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 113
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 693
<NET-ASSETS> 4,480
<DIVIDEND-INCOME> 20
<INTEREST-INCOME> 5
<OTHER-INCOME> 0
<EXPENSES-NET> 16
<NET-INVESTMENT-INCOME> 9
<REALIZED-GAINS-CURRENT> 119
<APPREC-INCREASE-CURRENT> 374
<NET-CHANGE-FROM-OPS> 502
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (25)
<DISTRIBUTIONS-OF-GAINS> (67)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 253
<NUMBER-OF-SHARES-REDEEMED> (79)
<SHARES-REINVESTED> 6
<NET-CHANGE-IN-ASSETS> 2,872
<ACCUMULATED-NII-PRIOR> 9
<ACCUMULATED-GAINS-PRIOR> 62
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 10
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 29
<AVERAGE-NET-ASSETS> 2,569
<PER-SHARE-NAV-BEGIN> 11.950
<PER-SHARE-NII> 0.210
<PER-SHARE-GAIN-APPREC> 2.350
<PER-SHARE-DIVIDEND> (0.080)
<PER-SHARE-DISTRIBUTIONS> (0.220)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 14.210
<EXPENSE-RATIO> 2.27
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from financial
statements dated June 30, 1996 included in the Fund's Semiannual Report and is
qualified in its entirety by reference to such financial statements.
</LEGEND>
<SERIES>
<NUMBER> 008
<NAME> Janus Aspen Money Market Portfolio
<MULTIPLIER> 1,000
<CURRENCY> U.S. Dollars
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1996
<PERIOD-START> JAN-1-1996
<PERIOD-END> JUN-30-1996
<EXCHANGE-RATE> 1.000
<INVESTMENTS-AT-COST> 3,308
<INVESTMENTS-AT-VALUE> 3,308
<RECEIVABLES> 2
<ASSETS-OTHER> 7
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 3,317
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 89
<TOTAL-LIABILITIES> 89
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 3,228
<SHARES-COMMON-STOCK> 3,228
<SHARES-COMMON-PRIOR> 1,735
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 3,228
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 67
<OTHER-INCOME> 0
<EXPENSES-NET> 6
<NET-INVESTMENT-INCOME> 61
<REALIZED-GAINS-CURRENT> 0
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 61
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (61)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 12,502
<NUMBER-OF-SHARES-REDEEMED> (11,069)
<SHARES-REINVESTED> 60
<NET-CHANGE-IN-ASSETS> 1,493
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 3
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 10
<AVERAGE-NET-ASSETS> 2,511
<PER-SHARE-NAV-BEGIN> 1.000
<PER-SHARE-NII> 0.020
<PER-SHARE-GAIN-APPREC> 0.000
<PER-SHARE-DIVIDEND> (0.020)
<PER-SHARE-DISTRIBUTIONS> 0.000
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 1.000
<EXPENSE-RATIO> 0.500
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.000
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from financial
statements dated June 30, 1996 included in the Fund's Semiannual Report and is
qualified in its entirety by reference to such financial statements.
</LEGEND>
<SERIES>
<NUMBER> 009
<NAME> JANUS ASPEN HIGH-YIELD PORTFOLIO
<MULTIPLIER> 1,000
<CURRENCY> U.S. DOLLARS
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1996
<PERIOD-START> JAN-1-1996
<PERIOD-END> JUN-30-1996
<EXCHANGE-RATE> 1.000
<INVESTMENTS-AT-COST> 335
<INVESTMENTS-AT-VALUE> 339
<RECEIVABLES> 29
<ASSETS-OTHER> 2
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 370
<PAYABLE-FOR-SECURITIES> 35
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 4
<TOTAL-LIABILITIES> 39
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 326
<SHARES-COMMON-STOCK> 33
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 1
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 4
<NET-ASSETS> 331
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 4
<OTHER-INCOME> 0
<EXPENSES-NET> 0
<NET-INVESTMENT-INCOME> 4
<REALIZED-GAINS-CURRENT> 0
<APPREC-INCREASE-CURRENT> 4
<NET-CHANGE-FROM-OPS> 8
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (3)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 34
<NUMBER-OF-SHARES-REDEEMED> (1)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 331
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 0
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 3
<AVERAGE-NET-ASSETS> 294
<PER-SHARE-NAV-BEGIN> 10.000
<PER-SHARE-NII> 0.120
<PER-SHARE-GAIN-APPREC> 0.160
<PER-SHARE-DIVIDEND> (0.100)
<PER-SHARE-DISTRIBUTIONS> 0.000
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 10.180
<EXPENSE-RATIO> 7.53
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.000
</TABLE>
