John Hancock Funds Floating Rate Income Fund Class 1 (JFIHX)
| Fund Assets | 1.13B |
| Expense Ratio | 0.73% |
| Min. Investment | $1,000 |
| Turnover | 28.00% |
| Dividend (ttm) | 0.70 |
| Dividend Yield | 9.22% |
| Dividend Growth | -8.33% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 28, 2024 |
| Previous Close | 7.64 |
| YTD Return | 2.81% |
| 1-Year Return | 5.83% |
| 5-Year Return | 21.60% |
| 52-Week Low | 7.56 |
| 52-Week High | 7.69 |
| Beta (5Y) | n/a |
| Holdings | 437 |
| Inception Date | Jan 2, 2008 |
About JFIHX
The fund will invest at least 80% of its net assets in floating-rate loans, which often include debt securities of domestic and foreign issuers that are rated below investment grade, at the time of purchase, or are of comparable quality, as determined by the manager, and other floating-rate securities. It may invest in domestic and foreign loans and loan participations that pay interest at rates that float or reset periodically at a margin above a generally recognized base lending rate such as the Prime Rate, the Secured Overnight Financing Rate, or another generally recognized base lending rate.
Performance
JFIHX had a total return of 5.83% in the past year. Since the fund's inception, the average annual return has been -1.61%, including dividends.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| JFIRX | Class R6 | 0.69% |
| JFIIX | Class I | 0.80% |
| JFIAX | Class A | 1.03% |
| JFIGX | Class C | 1.78% |
Top 10 Holdings
13.67% of assets| Name | Symbol | Weight |
|---|---|---|
| Ssc Government Mm Gvmxx | n/a | 6.22% |
| Eur | n/a | 1.76% |
| SPDR Blackstone Senior Loan ETF | SRLN | 1.16% |
| Invesco Senior Loan ETF | BKLN | 1.11% |
| AVSC HOLDING CORP 2020 TERM LOAN B2 | AVSV L 10.15.26 2 | 0.58% |
| AMNEAL PHARMACEUTICALS LLC 2023 TERM LOAN B | AMNPHA L 05.04.28 2 | 0.58% |
| MH SUB I LLC 2023 TERM LOAN | INET L 05.03.28 18 | 0.57% |
| Curium Bidco S A R L 2024 Term Loan B | n/a | 0.57% |
| PERATON CORP TERM LOAN B | PERCOR L 02.01.28 1 | 0.56% |
| MCAFEE LLC 2022 USD TERM LOAN B | MCFE L 03.01.29 1 | 0.56% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 28, 2024 | $0.0524 | Jun 28, 2024 |
| May 31, 2024 | $0.0528 | May 31, 2024 |
| Apr 30, 2024 | $0.0544 | Apr 30, 2024 |
| Mar 28, 2024 | $0.0611 | Mar 28, 2024 |
| Feb 29, 2024 | $0.0606 | Feb 29, 2024 |
| Jan 31, 2024 | $0.0664 | Jan 31, 2024 |