Floating Rate Income Fund
Name
As of 11/22/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
8.4%
1 yr return
10.2%
3 Yr Avg Return
6.2%
5 Yr Avg Return
5.6%
Net Assets
$959 M
Holdings in Top 10
8.7%
52 WEEK LOW AND HIGH
$7.7
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.92%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 59.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$250,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 11/22/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
JFIIX - Profile
Distributions
- YTD Total Return 8.4%
- 3 Yr Annualized Total Return 6.2%
- 5 Yr Annualized Total Return 5.6%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 3.84%
- Dividend Yield 7.7%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameFloating Rate Income Fund
-
Fund Family NameJohn Hancock
-
Inception DateJun 19, 2008
-
Shares OutstandingN/A
-
Share ClassI
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerAndrew Carlino
JFIIX - Performance
Return Ranking - Trailing
| Period | JFIIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 8.4% | -3.9% | 10.2% | 18.05% |
| 1 Yr | 10.2% | -3.7% | 14.4% | 24.81% |
| 3 Yr | 6.2%* | -6.8% | 8.4% | 25.68% |
| 5 Yr | 5.6%* | -6.2% | 38.4% | 13.64% |
| 10 Yr | 4.1%* | -2.2% | 19.7% | 29.51% |
* Annualized
Return Ranking - Calendar
| Period | JFIIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 3.9% | -12.0% | 11.1% | 16.17% |
| 2022 | -10.4% | -22.9% | 5.1% | 86.49% |
| 2021 | 1.0% | -12.2% | 11.1% | 50.59% |
| 2020 | -1.7% | -14.1% | 289.8% | 23.87% |
| 2019 | 3.2% | -8.1% | 7.5% | 36.02% |
Total Return Ranking - Trailing
| Period | JFIIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 8.4% | -3.9% | 10.2% | 18.05% |
| 1 Yr | 10.2% | -3.7% | 14.4% | 24.81% |
| 3 Yr | 6.2%* | -6.8% | 8.4% | 25.68% |
| 5 Yr | 5.6%* | -6.2% | 38.4% | 13.64% |
| 10 Yr | 4.1%* | -2.2% | 19.7% | 29.51% |
* Annualized
Total Return Ranking - Calendar
| Period | JFIIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 15.6% | -12.0% | 22.1% | 3.76% |
| 2022 | -2.3% | -22.9% | 5.1% | 50.97% |
| 2021 | 6.1% | -10.2% | 11.1% | 19.76% |
| 2020 | 3.6% | -14.1% | 306.9% | 10.70% |
| 2019 | 9.0% | -3.6% | 10.5% | 16.10% |
NAV & Total Return History
JFIIX - Holdings
Concentration Analysis
| JFIIX | Category Low | Category High | JFIIX % Rank | |
|---|---|---|---|---|
| Net Assets | 959 M | 29.9 M | 13.5 B | 40.00% |
| Number of Holdings | 445 | 2 | 1977 | 28.68% |
| Net Assets in Top 10 | 94.5 M | -191 M | 2.37 B | 53.88% |
| Weighting of Top 10 | 8.66% | 5.2% | 100.7% | 85.99% |
Top 10 Holdings
- SSC GOVERNMENT MM GVMXX 20301231 00001.0000000000 3.08%
- AVSC HOLDING CORP 2020 TERM LOAN B2 0.64%
- AMNEAL PHARMACEUTICALS LLC 2023 TERM LOAN B 0.64%
- MH SUB I LLC 2023 TERM LOAN 0.63%
- CURIUM BIDCO S A R L 2024 TERM LOAN B 0.63%
- MCAFEE LLC 2024 USD TERM LOAN B 0.62%
- CENTRAL PARENT INC 2024 TERM LOAN B 0.61%
- PERATON CORP TERM LOAN B 0.61%
- COTIVITI CORPORATION 2024 TERM LOAN 0.60%
- AQGEN ISLAND HOLDINGS INC. TERM LOAN 0.60%
Asset Allocation
| Weighting | Return Low | Return High | JFIIX % Rank | |
|---|---|---|---|---|
| Bonds | 97.50% | 0.00% | 161.82% | 24.03% |
| Cash | 3.17% | -61.90% | 16.36% | 42.25% |
| Stocks | 0.62% | 0.00% | 100.74% | 60.08% |
| Preferred Stocks | 0.00% | -3.99% | 7.30% | 52.33% |
| Convertible Bonds | 0.00% | 0.00% | 5.51% | 57.42% |
| Other | -0.11% | -52.39% | 34.87% | 94.96% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | JFIIX % Rank | |
|---|---|---|---|---|
| Utilities | 0.00% | 0.00% | 100.00% | 43.98% |
| Technology | 0.00% | 0.00% | 100.00% | 5.24% |
| Real Estate | 0.00% | 0.00% | 48.61% | 18.32% |
| Industrials | 0.00% | 0.00% | 100.00% | 51.83% |
| Healthcare | 0.00% | 0.00% | 100.00% | 18.85% |
| Financial Services | 0.00% | 0.00% | 89.61% | 35.08% |
| Energy | 0.00% | 0.00% | 100.00% | 47.12% |
| Communication Services | 0.00% | 0.00% | 100.00% | 27.23% |
| Consumer Defense | 0.00% | 0.00% | 100.00% | 45.03% |
| Consumer Cyclical | 0.00% | 0.00% | 97.66% | 54.45% |
| Basic Materials | 0.00% | 0.00% | 1.36% | 26.18% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | JFIIX % Rank | |
|---|---|---|---|---|
| US | 0.55% | -0.01% | 100.74% | 59.69% |
| Non US | 0.07% | 0.00% | 0.68% | 10.85% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | JFIIX % Rank | |
|---|---|---|---|---|
| Corporate | 88.86% | 0.00% | 99.80% | 59.38% |
| Cash & Equivalents | 3.17% | 0.00% | 25.03% | 42.25% |
| Securitized | 1.31% | 0.00% | 91.68% | 29.69% |
| Municipal | 0.00% | 0.00% | 0.47% | 31.25% |
| Government | 0.00% | 0.00% | 3.18% | 43.36% |
| Derivative | -0.11% | -10.96% | 0.59% | 96.90% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | JFIIX % Rank | |
|---|---|---|---|---|
| US | 90.06% | 0.00% | 124.50% | 58.14% |
| Non US | 7.44% | 0.00% | 63.23% | 27.13% |
JFIIX - Expenses
Operational Fees
| JFIIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.92% | 0.03% | 5.51% | 65.28% |
| Management Fee | 0.67% | 0.00% | 1.89% | 72.45% |
| 12b-1 Fee | 0.00% | 0.00% | 1.00% | 2.99% |
| Administrative Fee | N/A | 0.02% | 0.27% | N/A |
Sales Fees
| JFIIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 1.00% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 1.00% | N/A |
Trading Fees
| JFIIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| JFIIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 59.00% | 4.00% | 180.00% | 46.91% |
JFIIX - Distributions
Dividend Yield Analysis
| JFIIX | Category Low | Category High | JFIIX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 7.70% | 0.00% | 11.13% | 17.29% |
Dividend Distribution Analysis
| JFIIX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | None | Quarterly | Monthly | Monthly |
Net Income Ratio Analysis
| JFIIX | Category Low | Category High | JFIIX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 3.84% | 1.77% | 9.82% | 35.43% |
Capital Gain Distribution Analysis
| JFIIX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Oct 31, 2024 | $0.049 | OrdinaryDividend |
| Sep 30, 2024 | $0.050 | OrdinaryDividend |
| Aug 30, 2024 | $0.053 | OrdinaryDividend |
| Jul 31, 2024 | $0.052 | OrdinaryDividend |
| Apr 30, 2024 | $0.054 | OrdinaryDividend |
| Mar 28, 2024 | $0.061 | OrdinaryDividend |
| Feb 29, 2024 | $0.060 | OrdinaryDividend |
| Jan 31, 2024 | $0.066 | OrdinaryDividend |
| Dec 29, 2023 | $0.064 | OrdinaryDividend |
| Nov 30, 2023 | $0.059 | OrdinaryDividend |
| Oct 31, 2023 | $0.061 | OrdinaryDividend |
| Sep 29, 2023 | $0.057 | OrdinaryDividend |
| Aug 31, 2023 | $0.057 | OrdinaryDividend |
| Jul 31, 2023 | $0.057 | OrdinaryDividend |
| Jun 30, 2023 | $0.054 | OrdinaryDividend |
| May 31, 2023 | $0.056 | OrdinaryDividend |
| Apr 28, 2023 | $0.053 | OrdinaryDividend |
| Mar 31, 2023 | $0.054 | OrdinaryDividend |
| Feb 28, 2023 | $0.048 | OrdinaryDividend |
| Jan 31, 2023 | $0.054 | OrdinaryDividend |
| Dec 30, 2022 | $0.134 | OrdinaryDividend |
| Dec 19, 2022 | $0.084 | OrdinaryDividend |
| Nov 30, 2022 | $0.050 | OrdinaryDividend |
| Oct 31, 2022 | $0.049 | OrdinaryDividend |
| Sep 30, 2022 | $0.043 | OrdinaryDividend |
| Aug 31, 2022 | $0.042 | OrdinaryDividend |
| Jul 29, 2022 | $0.040 | OrdinaryDividend |
| Jun 30, 2022 | $0.001 | OrdinaryDividend |
| May 31, 2022 | $0.031 | OrdinaryDividend |
| Apr 29, 2022 | $0.027 | OrdinaryDividend |
| Mar 31, 2022 | $0.028 | OrdinaryDividend |
| Feb 28, 2022 | $0.025 | OrdinaryDividend |
| Jan 31, 2022 | $0.026 | OrdinaryDividend |
| Dec 31, 2021 | $0.095 | OrdinaryDividend |
| Dec 17, 2021 | $0.069 | OrdinaryDividend |
| Nov 30, 2021 | $0.019 | OrdinaryDividend |
| Oct 29, 2021 | $0.019 | OrdinaryDividend |
| Sep 30, 2021 | $0.018 | OrdinaryDividend |
| Aug 31, 2021 | $0.017 | OrdinaryDividend |
| Jul 30, 2021 | $0.017 | OrdinaryDividend |
| Jun 30, 2021 | $0.016 | OrdinaryDividend |
| May 28, 2021 | $0.017 | OrdinaryDividend |
| Apr 30, 2021 | $0.018 | OrdinaryDividend |
| Mar 31, 2021 | $0.024 | OrdinaryDividend |
| Feb 26, 2021 | $0.023 | OrdinaryDividend |
| Jan 29, 2021 | $0.027 | OrdinaryDividend |
| Dec 31, 2020 | $0.028 | OrdinaryDividend |
| Nov 30, 2020 | $0.026 | OrdinaryDividend |
| Oct 30, 2020 | $0.027 | OrdinaryDividend |
| Sep 30, 2020 | $0.026 | OrdinaryDividend |
| Aug 31, 2020 | $0.028 | OrdinaryDividend |
| Jul 31, 2020 | $0.028 | OrdinaryDividend |
| Jun 30, 2020 | $0.027 | OrdinaryDividend |
| May 29, 2020 | $0.029 | OrdinaryDividend |
| Apr 30, 2020 | $0.031 | OrdinaryDividend |
| Mar 31, 2020 | $0.036 | OrdinaryDividend |
| Feb 28, 2020 | $0.033 | OrdinaryDividend |
| Jan 31, 2020 | $0.035 | OrdinaryDividend |
| Dec 31, 2019 | $0.055 | OrdinaryDividend |
| Nov 29, 2019 | $0.035 | OrdinaryDividend |
| Oct 31, 2019 | $0.037 | OrdinaryDividend |
| Sep 30, 2019 | $0.035 | OrdinaryDividend |
| Aug 30, 2019 | $0.037 | OrdinaryDividend |
| Jul 31, 2019 | $0.037 | OrdinaryDividend |
| Dec 22, 2016 | $0.020 | DailyAccrualFund |
| Dec 23, 2013 | $0.010 | CapitalGainShortTerm |
| Dec 23, 2013 | $0.015 | CapitalGainLongTerm |
| Dec 21, 2012 | $0.010 | CapitalGainShortTerm |
| Dec 21, 2012 | $0.069 | CapitalGainLongTerm |
| Dec 22, 2011 | $0.027 | CapitalGainShortTerm |
| Dec 22, 2011 | $0.092 | CapitalGainLongTerm |
| Dec 23, 2010 | $0.082 | CapitalGainShortTerm |
| Dec 23, 2010 | $0.181 | CapitalGainLongTerm |
| Dec 16, 2008 | $0.000 | CapitalGainShortTerm |
JFIIX - Fund Manager Analysis
Managers
Andrew Carlino
Start Date
Tenure
Tenure Rank
Aug 29, 2018
3.76
3.8%
Mr. Carlino joined Bain Capital Credit in 2002. He is a Managing Director and Portfolio Manager in Liquid Credit. Prior to his current role, Mr. Carlino was responsible for investments in the Airlines, Aerospace & Defense, and Homebuilding & Building Product sectors. Previously, Mr. Carlino was a consultant for The Boston Consulting Group and also an intelligence officer in the US Air Force. Mr. Carlino received an M.B.A. from The University of Chicago Booth Graduate School of Business and a B.S. from the United States Air Force Academy.
Kim Harris
Start Date
Tenure
Tenure Rank
Aug 29, 2018
3.76
3.8%
Ms. Harris joined Bain Capital Credit in 2000. She is a Managing Director and Portfolio Manager in Liquid Credit. She also oversees capital markets activities. Previously, Ms. Harris was a Senior Vice President at BankBoston where she was responsible for underwriting and investing in leveraged bank debt across a wide range of industries. Ms. Harris received an M.B.A. from the F.W. Olin Graduate School of Business at Babson College and a B.A. from Bates College.
Nate Whittier
Start Date
Tenure
Tenure Rank
Apr 01, 2019
3.17
3.2%
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.09 | 21.18 | 6.07 | 3.25 |