John Hancock Funds Floating Rate Income Fund Class 1 (JFIHX)
| Fund Assets | 912.90M |
| Expense Ratio | 0.73% |
| Min. Investment | $250,000 |
| Turnover | 48.00% |
| Dividend (ttm) | 0.47 |
| Dividend Yield | 6.37% |
| Dividend Growth | -15.36% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Mar 31, 2026 |
| Previous Close | 7.31 |
| YTD Return | -2.54% |
| 1-Year Return | -0.48% |
| 5-Year Return | 17.82% |
| 52-Week Low | 7.30 |
| 52-Week High | 7.60 |
| Beta (5Y) | n/a |
| Holdings | 450 |
| Inception Date | Jan 2, 2008 |
About JFIHX
John Hancock Floating Rate Income Fund Class 1 is a mutual fund that primarily invests in a diversified portfolio of floating-rate loans and high-yield debt securities to seek a high level of current income while aiming for capital preservation. It employs a dual top-down and bottom-up investment approach, incorporating economic assessments, industry insights, fundamental credit analysis, and relative value evaluations to select securities from issuers across various sectors. The fund's holdings, numbering around 448, predominantly consist of corporate bonds (88.6%), with significant exposure to non-U.S. bonds (48%) from regions like the Cayman Islands and Europe, alongside U.S. bonds (45.7%) and minimal cash and equities. Key characteristics include a low effective duration of 0.11 years, yield to maturity of 8.31%, average credit quality of B, and an annualized turnover of 51%. Managed by BCSF Advisors, LP (Bain Capital Credit), it holds net assets of approximately $975.5 million and falls within the Morningstar Bank Loan category, playing a key role in fixed-income strategies by offering income potential with reduced sensitivity to interest rate fluctuations compared to traditional bonds.
Performance
JFIHX had a total return of -0.48% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.00%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 31, 2026 | $0.04075 | Mar 31, 2026 |
| Feb 27, 2026 | $0.03652 | Feb 27, 2026 |
| Jan 30, 2026 | $0.03984 | Jan 30, 2026 |
| Dec 31, 2025 | $0.04014 | Dec 31, 2025 |
| Nov 28, 2025 | $0.03972 | Nov 28, 2025 |
| Oct 31, 2025 | $0.04129 | Oct 31, 2025 |