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JFIIX JHancock Floating Rate Income I

  • Fund
  • JFIIX
  • Price as of: Nov 12, 2018
  • $8.39
  • - $0.00
  • - 0.00%
  • Category
  • Bank Loan

JFIIX - Profile

Vitals

  • YTD Return -0.9%
  • 3 Yr Annualized Return 4.5%
  • 5 Yr Annualized Return 2.6%
  • Net Assets $1.23 B
  • Holdings in Top 10 8.6%

52 WEEK LOW AND HIGH

$8.39
$8.37
$8.52

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.87%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 66.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$250,000

IRA

$250,000

Investment Themes

CATEGORY

Bank Loan
  • Fund Type Open End Mutual Fund
  • Investment Style Bank Loan

Distributions

  • YTD Total Return -0.9%
  • 3 Yr Annualized Total Return 4.5%
  • 5 Yr Annualized Total Return 2.6%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 4.57%
DIVIDENDS
  • Dividend Yield 0.4%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name John Hancock Funds Floating Rate Income Fund
  • Fund Family Name John Hancock
  • Inception Date Jan 02, 2008
  • Shares Outstanding N/A
  • Share Class Inst
  • Currency USD
  • Domiciled Country United States
  • Manager Jonathan DeSimone

JFIIX - Performance

Return Ranking - Trailing

Period JFIIX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD -0.9% -2.9% 4.4% 62.09% 5
1 Yr 3.1% -1.0% 12.4% 68.40% 4
3 Yr 4.5% * 0.2% 6.6% 47.12% 3
5 Yr 2.6% * 0.5% 5.8% 82.09% 5
10 Yr 6.6% * 0.3% 9.5% 36.94% 2

* Annualized


Return Ranking - Calendar

Period JFIIX Return Category Return Low Category Return High Rank in Category (%) Quintile
2017 -1.5% -5.3% 6.5% 69.52% 5
2016 5.3% -12.2% 7.9% 27.54% 2
2015 -8.7% -10.4% 0.0% 68.60% 5
2014 -4.9% -6.9% 12.5% 63.24% 5
2013 0.2% -1.3% 11.2% 63.07% 5

Total Return Ranking - Trailing

Period JFIIX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD -0.9% -100.0% 4.4% 61.14% 5
1 Yr 3.1% -2.8% 12.4% 46.23% 3
3 Yr 4.5% * 0.3% 6.6% 37.50% 2
5 Yr 2.6% * 0.5% 5.8% 72.64% 4
10 Yr 6.6% * 0.3% 9.5% 31.53% 2

* Annualized


Total Return Ranking - Calendar

Period JFIIX Return Category Return Low Category Return High Rank in Category (%) Quintile
2017 -1.5% -5.3% 6.5% 69.52% 5
2016 5.3% -12.2% 10.8% 38.65% 3
2015 -8.7% -8.8% 2.9% 71.50% 5
2014 -4.9% -6.9% 12.5% 65.20% 5
2013 0.5% -1.3% 11.2% 61.36% 5

NAV & Total Return History

JFIIX - Holdings

Filings data as of: Sep 30, 2018

Concentration Analysis

JFIIX Category Low Category High JFIIX % Rank Quintile
Net Assets 1.23 B 58.7 M 15.6 B 16.98% 3
Number of Holdings 293 103 1869 22.64% 4
Net Assets in Top 10 125 M -331 M 1.98 B 16.04% 3
Weighting of Top 10 8.6% 5.6% 224.2% 20.75% 4

Top 10 Holdings

  1. First Data Corp 2024a New Dollar Term Loans 0.95%
  2. Caesars Resort Collection Llc Term B Loans 0.94%
  3. Scientific Games Intl Inc Term B 5 0.91%
  4. Virgin Media Invt Hldgs Ltd Term Loan K 0.91%
  5. Jaguar Hldg Co Ii 2018 Term Loan 0.88%
  6. Alliant Hldgs I L P Term Loan B 1 0.83%
  7. Dell Intl Llc Refinancing Term B Loans 0.81%
  8. Upc Fing Partnership Term Loan Ar 0.81%
  9. Gyp Hldgs Iii Corp 2018 Incremental First Lien Te 0.80%
  10. Level 3 Financing Inc Tranche B 2024 0.78%

Asset Allocation

Weighting Category Low Category High JFIIX % Rank Quintile
Bonds
81.97% 5.65% 103.01% 30.19% 5
Cash
16.10% -7.89% 87.26% 0.94% 1
Other
1.52% -6.64% 10.05% 8.02% 1
Stocks
0.41% 0.00% 8.49% 12.74% 3
Preferred Stocks
0.00% 0.00% 0.57% 6.60% 3
Convertible Bonds
0.00% 0.00% 6.71% 9.43% 4

Stock Sector Breakdown

Weighting Category Low Category High JFIIX % Rank Quintile
Energy
0.32% 0.00% 1.33% 2.73% 1
Consumer Cyclical
0.06% 0.00% 0.85% 9.29% 2
Utilities
0.00% 0.00% 0.43% 6.01% 3
Technology
0.00% 0.00% 0.06% 1.09% 3
Real Estate
0.00% 0.00% 0.61% 3.83% 3
Industrials
0.00% 0.00% 0.65% 9.29% 3
Healthcare
0.00% 0.00% 0.09% 1.64% 3
Financial Services
0.00% 0.00% 1.08% 3.83% 3
Communication Services
0.00% 0.00% 0.13% 4.37% 3
Consumer Defense
0.00% 0.00% 0.13% 3.83% 3
Basic Materials
0.00% 0.00% 1.72% 9.84% 4

Stock Geographic Breakdown

Weighting Category Low Category High JFIIX % Rank Quintile
US
0.41% 0.00% 8.49% 12.74% 2
Non US
0.00% 0.00% 1.05% 7.08% 3

Bond Sector Breakdown

Weighting Category Low Category High JFIIX % Rank Quintile
Corporate
81.97% 22.75% 99.59% 29.25% 5
Cash & Equivalents
16.10% -8.81% 164.55% 0.94% 1
Derivative
0.00% -33.31% 17.86% 5.66% 3
Securitized
0.00% 0.00% 48.85% 16.04% 4
Municipal
0.00% 0.00% 1.96% 2.36% 3
Government
0.00% -115.02% 19.70% 8.96% 4

Bond Geographic Breakdown

Weighting Category Low Category High JFIIX % Rank Quintile
US
70.12% -54.19% 94.29% 22.64% 4
Non US
11.85% 0.00% 78.18% 17.92% 3

JFIIX - Expenses

Operational Fees

JFIIX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 0.87% 0.10% 2.66% 35.38% 2
Management Fee 0.66% 0.00% 1.00% 4.25% 5
12b-1 Fee 0.00% 0.00% 1.00% 10.53% 1
Administrative Fee N/A 0.03% 0.40% N/A N/A

Sales Fees

JFIIX Fees (% of AUM) Category Low Category High JFIIX Rank Quintile
Front Load N/A 0.75% 4.75% N/A N/A
Deferred Load N/A 1.00% 5.00% N/A N/A

Trading Fees

JFIIX Fees (% of AUM) Category Low Category High JFIIX Rank Quintile
Max Redemption Fee N/A 1.00% 2.00% N/A N/A

Turnover 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 Low Category High JFIIX Rank Quintile
Turnover 66.00% 13.00% 243.00% 13.68% 3

JFIIX - Distributions

Dividend Yield Analysis

JFIIX Category Low Category High JFIIX % Rank Quintile
Dividend Yield 0.4% 0.21% 1.30% 45.28% 4

Dividend Distribution Analysis

JFIIX Category Low Category High Category Mode
Dividend Distribution Frequency Monthly Monthly Monthly Annually

Dividend Payout History


Net Income Ratio Analysis

JFIIX Category Low Category High JFIIX % Rank Quintile
Net Income Ratio 4.57% 2.34% 5.41% 8.02% 1

Capital Gain Distribution Analysis

JFIIX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

JFIIX - Managers

Jonathan DeSimone

Manager

Start Date

Aug 29, 2018

Tenure

0.17

Tenure Rank

19.5%

Mr. DeSimone joined Bain Capital Credit in 2002. He is a Managing Director, a Credit Committee member and the Chief Investment Officer of Bain Capital Credit’s Liquid Credit business including separate accounts and dedicated funds. Prior to his current role, Mr. DeSimone covered the Enterprise Services and Chemicals industries. In addition, he opened Bain Capital Credit’s London office and served as its head from 2005 to 2009. Previously, Mr. DeSimone was a Manager at Bain & Company where he worked in the firm’s Private Equity Practice performing strategic due diligence and post-acquisition strategy assessments. Mr. DeSimone received an M.B.A. from the Amos Tuck School of Business at Dartmouth College as an Edward Tuck Scholar with Highest Distinction and a B.A. from Georgetown University.


Andrew Carlino

Manager

Start Date

Aug 29, 2018

Tenure

0.17

Tenure Rank

19.5%

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 where he worked on engagements in the Healthcare, Software and Retail Banking sectors. He also spent five years in the US Air Force as an intelligence officer. 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

Manager

Start Date

Aug 29, 2018

Tenure

0.17

Tenure Rank

19.5%

Managing Director and Portfolio Manager in Liquid Credit. She also oversees capital markets activities. Ms. Harris joined Bain Capital Credit, LP in 2000. 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.


Tenure Analysis

Category Low

0.2

Category High

22.2

Category Average

6.11

Category Mode

0.5