About JFIGX
JH Floating Rate Income-C is a Class C share of the John Hancock Floating Rate Income Fund, a mutual fund designed to deliver a high level of current income. It primarily invests at least 80% of its net assets in senior floating-rate bank loans, which are debt securities of domestic and foreign issuers with coupons that adjust above prevailing interest rates, helping to mitigate interest-rate risk. This strategy employs rigorous fundamental research, combining bottom-up security analysis with industry-specific micro and macro trends, managed by a team of experienced professionals including Grayson Allison, Daniel Shugrue, Andrew Carlino, Kimberly M. Harris, and Nathaniel D. Whittier. The fund's portfolio features 432 holdings, predominantly term loans (84.34%), with a focus on B-rated securities (61.82%), and total net assets of approximately $975 million as of late 2025. Classified in the Morningstar Bank Loan category, it offers diversification potential due to its distinct return patterns from stocks and traditional bonds, alongside an effective duration of just 0.09 years, emphasizing reduced sensitivity to rate changes in the leveraged loan market.
Fund Family John Hancock
Category Bank Loan
Performance Rating Low
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol JFIGX
Share Class Class C
Index Morningstar LSTA US Leveraged Loan TR USD
JFIGX had a total return of 2.37% in the past year, including dividends. Since the fund's
inception, the average annual return has been 3.20%.
