John Hancock Funds Floating Rate Income Fund Class 1 (JFIHX)
| Fund Assets | 926.39M |
| Expense Ratio | 0.73% |
| Min. Investment | $250,000 |
| Turnover | 48.00% |
| Dividend (ttm) | 0.52 |
| Dividend Yield | 7.00% |
| Dividend Growth | -17.85% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 7.41 |
| YTD Return | -0.67% |
| 1-Year Return | 3.50% |
| 5-Year Return | 29.82% |
| 52-Week Low | 6.98 |
| 52-Week High | 7.45 |
| Beta (5Y) | n/a |
| Holdings | 443 |
| 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 3.50% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.38%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FFRCX | Fidelity | Fidelity Advisor Floating Rate High Income Fund - Class C | 1.77% |
| FIQSX | Fidelity | Fidelity Advisor Floating Rate High Income Fund - Class Z | 0.67% |
| FFRIX | Fidelity | Fidelity Advisor Floating Rate High Income Fund - Class I | 0.77% |
| FFRTX | Fidelity | Fidelity Advisor Floating Rate High Income Fund - Class M | 1.02% |
| FFRHX | Fidelity | Fidelity Floating Rate High Income Fund | 0.73% |
Top 10 Holdings
11.06% of assets| Name | Symbol | Weight |
|---|---|---|
| Ssc Government Mm Gvmxx | n/a | 4.11% |
| Invesco Senior Loan ETF | BKLN | 2.50% |
| Eur | n/a | 0.60% |
| Hightower Holdings Llc 2025 1st Lien Term Loan B | n/a | 0.57% |
| COMET BIDCO LTD INSTITUTIONAL TERM LOAN | n/a | 0.56% |
| ENSEMBLE RCM LLC 2024 TERM LOAN B | ENSHLT.L 08.01.29 6 | 0.56% |
| GENESYS CLUD SRVCS HLDS II LLC 2025 USD TERM LOAN B | GCTI.L 01.30.32 17 | 0.56% |
| Acrisure Llc / Acrisure Fin Inc 0% | ACRISU.7.5 11.06.30 REGS | 0.54% |
| Project Ruby Ult Parent Corp 2025 Term Loan B | n/a | 0.54% |
| MITCHELL INTERNATIONAL INC 2024 1ST LIEN TERM LOAN | MITCHE.L 06.17.31 4 | 0.53% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| 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 |
| Sep 30, 2025 | $0.04186 | Sep 30, 2025 |
| Aug 29, 2025 | $0.04398 | Aug 29, 2025 |