Floating Rate Income Fund
Name
As of 06/01/2026Price
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
0.2%
1 yr return
2.7%
3 Yr Avg Return
7.0%
5 Yr Avg Return
4.4%
Net Assets
$890 M
Holdings in Top 10
12.8%
52 WEEK LOW AND HIGH
$7.3
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.82%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 59.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 06/01/2026Price
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
JFIHX - Profile
Distributions
- YTD Total Return 0.2%
- 3 Yr Annualized Total Return 7.0%
- 5 Yr Annualized Total Return 4.4%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 4.04%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameFloating Rate Income Fund
-
Fund Family NameJohn Hancock Group of Funds
-
Inception DateJan 16, 2008
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerAndrew Carlino
Fund Description
Under normal market conditions, the fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in floating-rate loans, which often include debt securities of domestic and foreign issuers that are rated below investment grade (rated below Baa by a nationally recognized statistical rating organization such as Moody's Investors Service, Inc. or BBB by S&P Global Ratings), or are of comparable quality, as determined by the manager, and other floating-rate securities. Bonds that are rated at or below BB by S&P Global Ratings or Ba by Moody's Investors Service, Inc. are considered non-investment grade. The fund's investment policies are based on credit ratings at the time of purchase.The fund may invest in domestic and foreign issuer 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 (SOFR), or another generally recognized base lending rate. Loans and debt instruments rated below investment grade are considered to have speculative characteristics. The fund may invest in loans of companies whose financial conditions are troubled or uncertain and that may be involved in bankruptcy proceedings, reorganizations, or financial restructurings. Direct investments in loans may be illiquid and holding a loan could expose the fund to the risks of being a direct lender. The fund may invest in collateralized loan obligations, corporate debt securities, (investment grade and high yield), and cash and cash equivalents. The fund may also acquire, and subsequently hold, warrants and other equity interests.In purchasing loans, loan participations, and other securities for the fund, the manager may take full advantage of the entire range of maturities and durations and may from time to time adjust the average maturity or duration of the investments held by the fund, depending on its assessment of the relative yields of different maturities and durations and its expectations of future changes in interest rates.The fund may invest in any number of issuers and may, at times, invest its assets in a small number of issuers. The fund may focus its investments in a particular sector or sectors of the economy. The fund may also invest in loans of any aggregate principal amount, and the average aggregate principal amount of the loans held by the fund will vary from time to time.The fund may engage in derivatives transactions for hedging, risk management and/or efficient portfolio management purposes. Derivative instruments in which the fund may invest include credit default swap and total return swap agreements, interest rate swaps, foreign currency forward contracts, futures and options. Derivative instruments may magnify the fund's gains and losses. The fund does not employ the use of leverage.The manager considers environmental, social, and/or governance (ESG) factors, alongside other relevant factors, as part of its investment process. ESG factors may include, but are not limited to, matters regarding board diversity, climate change policies, and supply chain and human rights policies. The ESG characteristics utilized in the fund's investment process may change over time and one or more characteristics may not be relevant with respect to all issuers that are eligible fund investments. Because ESG factors are considered alongside other relevant factors, the manager may determine that an investment is appropriate notwithstanding its relative ESG characteristics.The fund's investment process may, at times, result in a higher-than-average portfolio turnover ratio and increased trading expenses. The fund may invest in cash or money market instruments for the purpose of meeting redemption requests or making other anticipated cash payments. The fund may deviate from its principal investment strategies during transition periods, which may include the reassignment of portfolio management, a change in investment objective or strategy, a reorganization or liquidation, or the occurrence of large inflows or outflows.
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JFIHX - Performance
Return Ranking - Trailing
| Period | JFIHX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 0.2% | -3.7% | 5.5% | 81.10% |
| 1 Yr | 2.7% | -7.6% | 7.5% | 70.47% |
| 3 Yr | 7.0%* | 0.0% | 9.7% | 64.57% |
| 5 Yr | 4.4%* | 1.7% | 7.4% | 75.10% |
| 10 Yr | 4.4%* | 2.6% | 20.3% | 50.27% |
* Annualized
Return Ranking - Calendar
| Period | JFIHX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2025 | -2.2% | -19.1% | 2.2% | 49.80% |
| 2024 | 0.0% | -4.1% | 2.7% | 27.06% |
| 2023 | 3.9% | -12.0% | 9.7% | 16.86% |
| 2022 | -10.4% | -22.9% | 5.1% | 86.69% |
| 2021 | 1.1% | -12.2% | 11.1% | 46.69% |
Total Return Ranking - Trailing
| Period | JFIHX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 0.2% | -3.7% | 5.5% | 81.10% |
| 1 Yr | 2.7% | -7.6% | 7.5% | 70.47% |
| 3 Yr | 7.0%* | 0.0% | 9.7% | 64.57% |
| 5 Yr | 4.4%* | 1.7% | 7.4% | 75.10% |
| 10 Yr | 4.4%* | 2.6% | 20.3% | 50.27% |
* Annualized
Total Return Ranking - Calendar
| Period | JFIHX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2025 | 5.5% | -8.3% | 8.4% | 60.00% |
| 2024 | 9.7% | 4.9% | 13.6% | 19.61% |
| 2023 | 12.8% | -5.8% | 27.3% | 47.45% |
| 2022 | -5.1% | -12.7% | 11.7% | 86.69% |
| 2021 | 5.1% | -10.2% | 22.4% | 44.63% |
NAV & Total Return History
JFIHX - Holdings
Concentration Analysis
| JFIHX | Category Low | Category High | JFIHX % Rank | |
|---|---|---|---|---|
| Net Assets | 890 M | 28.6 M | 13.9 B | 37.35% |
| Number of Holdings | 453 | 2 | 2534 | 31.47% |
| Net Assets in Top 10 | 117 M | -191 M | 2.12 B | 42.23% |
| Weighting of Top 10 | 12.77% | 5.2% | 100.6% | 55.82% |
Top 10 Holdings
- SCC GOVERMENT MM GVXX 20301231 00001.0000000000 4.78%
- JH COLLATERAL 2.49%
- INVESCO SENIOR LOAN ETF INVESCO SENIOR LOAN ETF 1.54%
- RED RANGE OPERATING INC. CLASS A1 0.68%
- PROJECT RUBY ULT PARENT CORP 2025 TERM LOAN B 0.57%
- ACRISURE LLC 2024 1ST LIEN TERM LOAN B6 0.56%
- CROWN SUBSEA COMUNS HOLING INC 2026 REPRICED TERM LOAN B 0.55%
- ATLAS SENIOR LOAN FUND X LTD ATCLO 2018 10A D 144A 0.54%
- ARCLINE FM HOLDINGS LLC 2025 1ST LIEN TERM LOAN 0.53%
- VENGA FINANCE SARL 2025 USD TERM LOAN B 0.53%
Asset Allocation
| Weighting | Return Low | Return High | JFIHX % Rank | |
|---|---|---|---|---|
| Bonds | 93.19% | 0.00% | 161.82% | 65.34% |
| Cash | 7.27% | -61.90% | 16.36% | 17.93% |
| Stocks | 2.84% | 0.00% | 100.60% | 30.28% |
| Preferred Stocks | 0.00% | -3.99% | 8.16% | 66.93% |
| Convertible Bonds | 0.00% | 0.00% | 5.51% | 66.67% |
| Other | -0.10% | -52.39% | 26.58% | 98.01% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | JFIHX % Rank | |
|---|---|---|---|---|
| Utilities | 0.00% | 0.00% | 100.00% | 43.46% |
| Technology | 0.00% | 0.00% | 100.00% | 4.71% |
| Real Estate | 0.00% | 0.00% | 48.61% | 17.80% |
| Industrials | 0.00% | 0.00% | 100.00% | 51.31% |
| Healthcare | 0.00% | 0.00% | 100.00% | 18.32% |
| Financial Services | 0.00% | 0.00% | 89.61% | 34.55% |
| Energy | 0.00% | 0.00% | 100.00% | 46.60% |
| Communication Services | 0.00% | 0.00% | 100.00% | 26.70% |
| Consumer Defense | 0.00% | 0.00% | 100.00% | 44.50% |
| Consumer Cyclical | 0.00% | 0.00% | 97.66% | 53.93% |
| Basic Materials | 0.00% | 0.00% | 1.36% | 25.65% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | JFIHX % Rank | |
|---|---|---|---|---|
| US | 2.82% | -0.01% | 100.60% | 30.28% |
| Non US | 0.02% | 0.00% | 0.91% | 37.45% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | JFIHX % Rank | |
|---|---|---|---|---|
| Corporate | 88.86% | 0.00% | 99.80% | 59.44% |
| Cash & Equivalents | 7.27% | 0.00% | 25.03% | 17.93% |
| Securitized | 1.31% | 0.00% | 91.68% | 31.33% |
| Municipal | 0.00% | 0.00% | 0.47% | 42.97% |
| Government | 0.00% | 0.00% | 3.18% | 52.21% |
| Derivative | -0.10% | -17.74% | 0.69% | 98.41% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | JFIHX % Rank | |
|---|---|---|---|---|
| US | 84.00% | 0.00% | 136.29% | 74.50% |
| Non US | 9.19% | 0.00% | 63.23% | 19.92% |
JFIHX - Expenses
Operational Fees
| JFIHX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.82% | 0.03% | 5.51% | 72.94% |
| Management Fee | 0.66% | 0.00% | 1.89% | 68.38% |
| 12b-1 Fee | 0.05% | 0.00% | 1.00% | 14.75% |
| Administrative Fee | N/A | 0.02% | 0.27% | 90.71% |
Sales Fees
| JFIHX 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
| JFIHX 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.
| JFIHX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 59.00% | 4.00% | 180.00% | 52.16% |
JFIHX - Distributions
Dividend Yield Analysis
| JFIHX | Category Low | Category High | JFIHX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 10.52% | 71.37% |
Dividend Distribution Analysis
| JFIHX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
| JFIHX | Category Low | Category High | JFIHX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 4.04% | 1.77% | 9.82% | 27.87% |
Capital Gain Distribution Analysis
| JFIHX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Mar 31, 2026 | $0.041 | OrdinaryDividend |
| Feb 27, 2026 | $0.037 | OrdinaryDividend |
| Jan 30, 2026 | $0.040 | OrdinaryDividend |
| Dec 31, 2025 | $0.040 | OrdinaryDividend |
| Nov 28, 2025 | $0.040 | OrdinaryDividend |
| Oct 31, 2025 | $0.041 | OrdinaryDividend |
| Sep 30, 2025 | $0.042 | OrdinaryDividend |
| Aug 29, 2025 | $0.044 | OrdinaryDividend |
| Jul 31, 2025 | $0.044 | OrdinaryDividend |
| Jun 30, 2025 | $0.046 | OrdinaryDividend |
| May 30, 2025 | $0.046 | OrdinaryDividend |
| Apr 30, 2025 | $0.046 | OrdinaryDividend |
| Mar 31, 2025 | $0.047 | OrdinaryDividend |
| Feb 28, 2025 | $0.043 | OrdinaryDividend |
| Jan 31, 2025 | $0.048 | OrdinaryDividend |
| Dec 31, 2024 | $0.048 | OrdinaryDividend |
| Nov 29, 2024 | $0.047 | OrdinaryDividend |
| Oct 31, 2024 | $0.050 | OrdinaryDividend |
| Sep 30, 2024 | $0.050 | OrdinaryDividend |
| Aug 30, 2024 | $0.054 | OrdinaryDividend |
| Jul 31, 2024 | $0.053 | OrdinaryDividend |
| Mar 28, 2024 | $0.061 | OrdinaryDividend |
| Feb 29, 2024 | $0.061 | OrdinaryDividend |
| Jan 31, 2024 | $0.066 | OrdinaryDividend |
| Dec 29, 2023 | $0.064 | OrdinaryDividend |
| Nov 30, 2023 | $0.060 | OrdinaryDividend |
| Oct 31, 2023 | $0.061 | OrdinaryDividend |
| Aug 31, 2023 | $0.058 | OrdinaryDividend |
| Jul 31, 2023 | $0.057 | OrdinaryDividend |
| Jun 30, 2023 | $0.054 | OrdinaryDividend |
| May 31, 2023 | $0.056 | OrdinaryDividend |
| Apr 28, 2023 | $0.054 | OrdinaryDividend |
| Mar 31, 2023 | $0.055 | OrdinaryDividend |
| Feb 28, 2023 | $0.049 | OrdinaryDividend |
| Jan 31, 2023 | $0.055 | OrdinaryDividend |
| Dec 19, 2022 | $0.084 | OrdinaryDividend |
| Nov 30, 2022 | $0.051 | OrdinaryDividend |
| Oct 31, 2022 | $0.049 | OrdinaryDividend |
| Sep 30, 2022 | $0.044 | OrdinaryDividend |
| Aug 31, 2022 | $0.042 | OrdinaryDividend |
| Jul 29, 2022 | $0.040 | OrdinaryDividend |
| Jun 30, 2022 | $0.001 | OrdinaryDividend |
| May 31, 2022 | $0.032 | OrdinaryDividend |
| Apr 29, 2022 | $0.028 | OrdinaryDividend |
| Mar 31, 2022 | $0.029 | OrdinaryDividend |
| Feb 28, 2022 | $0.025 | OrdinaryDividend |
| Jan 31, 2022 | $0.027 | OrdinaryDividend |
| Dec 17, 2021 | $0.069 | OrdinaryDividend |
| Nov 30, 2021 | $0.020 | OrdinaryDividend |
| Oct 29, 2021 | $0.020 | 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 | $0.018 | 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 | $0.027 | OrdinaryDividend |
| Oct 30, 2020 | $0.027 | OrdinaryDividend |
| Sep 30, 2020 | $0.026 | OrdinaryDividend |
| Aug 31, 2020 | $0.028 | OrdinaryDividend |
| Jul 31, 2020 | $0.029 | OrdinaryDividend |
| Jun 30, 2020 | $0.028 | OrdinaryDividend |
| May 29, 2020 | $0.030 | OrdinaryDividend |
| Apr 30, 2020 | $0.032 | OrdinaryDividend |
| Mar 31, 2020 | $0.036 | OrdinaryDividend |
| Feb 28, 2020 | $0.034 | OrdinaryDividend |
| Jan 31, 2020 | $0.036 | OrdinaryDividend |
| Dec 31, 2019 | $0.055 | OrdinaryDividend |
| Nov 29, 2019 | $0.036 | OrdinaryDividend |
| Oct 31, 2019 | $0.037 | OrdinaryDividend |
| Sep 30, 2019 | $0.036 | OrdinaryDividend |
| Aug 30, 2019 | $0.037 | OrdinaryDividend |
| Jul 31, 2019 | $0.038 | 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 |
JFIHX - 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 | 6.19 | 3.25 |