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JFIIX JHancock Floating Rate Income I

  • Fund
  • JFIIX
  • Price as of: Jan 18, 2019
  • $8.23
  • - $0.00
  • - 0.00%
  • Category
  • Bank Loan

JFIIX - Profile

Vitals

  • YTD Return 2.5%
  • 3 Yr Annualized Return 4.3%
  • 5 Yr Annualized Return 1.7%
  • Net Assets $1.12 B
  • Holdings in Top 10 8.8%

52 WEEK LOW AND HIGH

$8.23
$8.02
$8.52

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.89%

SALES FEES

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

BROKERAGE FEES

  • Turnover 71.00%

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 2.5%
  • 3 Yr Annualized Total Return 4.3%
  • 5 Yr Annualized Total Return 1.7%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 4.29%
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 2.5% -2.5% 4.4% 18.96% 2
1 Yr -0.9% -2.6% 12.4% 74.06% 4
3 Yr 4.3% * 0.2% 6.2% 36.06% 2
5 Yr 1.7% * -0.3% 5.8% 82.52% 5
10 Yr 7.2% * 0.3% 10.4% 41.44% 3

* Annualized


Return Ranking - Calendar

Period JFIIX Return Category Return Low Category Return High Rank in Category (%) Quintile
2018 -5.2% -6.4% 6.5% 56.67% 4
2017 -1.5% -12.2% 7.2% 67.31% 5
2016 5.3% -6.5% 7.9% 27.05% 2
2015 -8.7% -10.4% 12.5% 69.90% 5
2014 -4.9% -6.9% 11.2% 64.71% 5

Total Return Ranking - Trailing

Period JFIIX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 2.5% -100.0% 4.4% 18.96% 2
1 Yr -0.9% -6.7% 12.4% 50.94% 3
3 Yr 4.3% * 0.3% 6.2% 29.33% 2
5 Yr 1.7% * -0.3% 5.8% 72.82% 4
10 Yr 7.2% * 0.3% 10.4% 41.44% 3

* Annualized


Total Return Ranking - Calendar

Period JFIIX Return Category Return Low Category Return High Rank in Category (%) Quintile
2018 -5.2% -6.4% 6.5% 56.67% 4
2017 -1.5% -12.2% 7.2% 67.79% 5
2016 5.3% -6.4% 10.8% 38.16% 3
2015 -8.7% -8.8% 12.5% 72.82% 5
2014 -4.9% -6.9% 11.2% 67.65% 5

NAV & Total Return History

JFIIX - Holdings

Filings data as of: Nov 30, 2018

Concentration Analysis

JFIIX Category Low Category High JFIIX % Rank Quintile
Net Assets 1.12 B 66 M 14.8 B 17.45% 3
Number of Holdings 290 105 1862 22.64% 4
Net Assets in Top 10 117 M -331 M 1.94 B 15.57% 3
Weighting of Top 10 8.8% 5.8% 224.2% 20.75% 4

Top 10 Holdings

  1. Alliant Hldgs I L P Term Loan B 1 1.02%
  2. First Data Corp 2024a New Dollar Term Loans 1.01%
  3. Jaguar Hldg Co Ii 2018 Term Loan 0.94%
  4. Verisure Holding Ab Eur Term Loan B1e 0.88%
  5. Dell Intl Llc Refinancing Term B Loans 0.87%
  6. Level 3 Financing Inc Tranche B 2024 0.83%
  7. Avolon Tlb Borrower 1 ( Us ) Term Loan B 3 0.83%
  8. Mh Sub I Llc Amendment No. 2 Initial Term 0.81%
  9. Reynolds Group Hldgs Inc Incremental Us Term Loans 0.81%
  10. Valeant Pharmaceuticals Intl I Initial Term 0.80%

Asset Allocation

Weighting Category Low Category High JFIIX % Rank Quintile
Bonds
88.71% 5.65% 103.01% 28.30% 5
Cash
9.75% -7.17% 87.26% 2.83% 1
Other
1.23% -0.01% 10.05% 8.49% 1
Stocks
0.32% 0.00% 8.49% 13.21% 3
Preferred Stocks
0.00% 0.00% 0.57% 7.08% 3
Convertible Bonds
0.00% 0.00% 5.33% 8.49% 4

Stock Sector Breakdown

Weighting Category Low Category High JFIIX % Rank Quintile
Energy
0.31% -0.42% 1.33% 2.73% 1
Utilities
0.00% 0.00% 0.43% 6.56% 3
Technology
0.00% 0.00% 0.27% 1.64% 3
Real Estate
0.00% 0.00% 0.61% 3.28% 3
Industrials
0.00% 0.00% 0.65% 9.84% 3
Healthcare
0.00% 0.00% 0.09% 1.64% 3
Financial Services
0.00% 0.00% 0.79% 3.83% 3
Communication Services
0.00% 0.00% 0.13% 3.83% 3
Consumer Defense
0.00% 0.00% 0.13% 3.28% 3
Consumer Cyclical
0.00% 0.00% 0.85% 12.02% 4
Basic Materials
0.00% 0.00% 1.74% 9.84% 3

Stock Geographic Breakdown

Weighting Category Low Category High JFIIX % Rank Quintile
US
0.32% 0.00% 8.49% 11.79% 2
Non US
0.00% -0.46% 0.82% 6.13% 3

Bond Sector Breakdown

Weighting Category Low Category High JFIIX % Rank Quintile
Corporate
88.71% 22.75% 100.83% 22.64% 5
Cash & Equivalents
9.75% -7.39% 164.55% 2.36% 1
Derivative
0.00% -33.31% 17.86% 6.13% 3
Securitized
0.00% 0.00% 44.35% 16.04% 4
Municipal
0.00% 0.00% 1.96% 2.36% 3
Government
0.00% -115.02% 19.70% 8.49% 4

Bond Geographic Breakdown

Weighting Category Low Category High JFIIX % Rank Quintile
US
74.16% -54.19% 96.18% 21.70% 4
Non US
14.55% 0.00% 78.18% 16.51% 3

JFIIX - Expenses

Operational Fees

JFIIX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 0.89% 0.01% 2.66% 36.32% 2
Management Fee 0.67% 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 71.00% 12.00% 243.00% 9.43% 4

JFIIX - Distributions

Dividend Yield Analysis

JFIIX Category Low Category High JFIIX % Rank Quintile
Dividend Yield 0.4% 0.23% 1.36% 51.79% 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 4.29% 2.34% 5.68% 19.81% 2

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

0.34

Tenure Rank

19.3%

Mr. DeSimone joined Bain Capital Credit in 2002. He is a Managing Director and Portfolio Manager in Liquid Credit. 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 and a B.A. from Georgetown University.


Andrew Carlino

Manager

Start Date

Aug 29, 2018

Tenure

0.34

Tenure Rank

19.3%

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

Manager

Start Date

Aug 29, 2018

Tenure

0.34

Tenure Rank

19.3%

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.


Tenure Analysis

Category Low

0.0

Category High

22.4

Category Average

6.16

Category Mode

4.0