About JIGMX
John Hancock Investment Grade Bond Fund Class R4 is a mutual fund focused on providing a high level of current income while maintaining preservation of capital and liquidity. This fund primarily invests in a diversified portfolio of U.S. investment-grade fixed-income securities, which include government bonds, corporate bonds, mortgage-backed securities, and other asset-backed securities. The portfolio is actively managed to capitalize on opportunities within the bond market, with allocations that typically emphasize agency mortgage-backed securities and investment-grade corporate bonds, as well as exposure to U.S. Treasuries and various securitized assets.
As part of the intermediate core bond fund category, it targets duration and credit quality characteristics similar to major bond market benchmarks, such as the Bloomberg U.S. Aggregate Bond Index. The fund distributes income monthly, reflecting its primary goal of steady income, and is often used by investors seeking stable cash flows and relative capital stability, such as within retirement portfolios. With over 900 holdings, it is widely diversified, and as of its latest reporting period, its largest positions are in U.S. Treasury securities and agency-backed debt. The fund’s risk is generally considered above average for its category, and it maintains a moderate annual expense ratio. Overall, John Hancock Investment Grade Bond Fund Class R4 plays a significant role for investors seeking core fixed-income exposure and income generation in the broader bond market.
Fund Family John Hancock
Category Intermediate Core Bond
Performance Rating Average
Risk Rating Above Average
Stock Exchange Nasdaq
Ticker Symbol JIGMX
Share Class Class R4
Index Bloomberg U.S. Aggregate Bond TR
JIGMX had a total return of -2.45% in the past year, including dividends. Since the fund's
inception, the average annual return has been 1.56%.
