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Trending ETFs

John Hancock Investment Grade Bond Fund

mutual fund
JIGEX
Payout Change
Pending
Price as of:
$9.05 +0.01 +0.11%
primary theme
U.S. Intermediate-Term Bond Duration
JIGEX (Mutual Fund)

John Hancock Investment Grade Bond Fund

Payout Change
Pending
Price as of:
$9.05 +0.01 +0.11%
primary theme
U.S. Intermediate-Term Bond Duration
JIGEX (Mutual Fund)

John Hancock Investment Grade Bond Fund

Payout Change
Pending
Price as of:
$9.05 +0.01 +0.11%
primary theme
U.S. Intermediate-Term Bond Duration

Name

As of 06/14/2024

Price

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

$9.05

$3.31 B

4.23%

$0.38

0.47%

Vitals

YTD Return

0.9%

1 yr return

4.1%

3 Yr Avg Return

-2.6%

5 Yr Avg Return

0.4%

Net Assets

$3.31 B

Holdings in Top 10

23.2%

52 WEEK LOW AND HIGH

$9.0
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.47%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 122.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$1,000,000

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 06/14/2024

Price

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

$9.05

$3.31 B

4.23%

$0.38

0.47%

JIGEX - Profile

Distributions

  • YTD Total Return 0.9%
  • 3 Yr Annualized Total Return -2.6%
  • 5 Yr Annualized Total Return 0.4%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 2.05%
DIVIDENDS
  • Dividend Yield 4.2%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    John Hancock Investment Grade Bond Fund
  • Fund Family Name
    John Hancock Group of Funds
  • Inception Date
    Mar 27, 2015
  • Shares Outstanding
    N/A
  • Share Class
    R6
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Jeffrey Given

Fund Description

Under normal market conditions, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in investment-grade bonds (securities rated from AAA to BBB). These may include, but are not limited to, corporate bonds and debentures, mortgage-backed and asset-backed securities, U.S. government and agency securities, and U.S. dollar-denominated securities of foreign governments and corporations. The fund’s investment policies are based on credit ratings at the time of purchase. The fund may invest in bonds of any maturity, but normally maintains a dollar weighted average maturity of between three and ten years. The Fund does not invest in bonds rated below investment grade at time of purchase.The manager focuses on sector allocation, industry allocation, and security selection in making investment decisions. When making sector and industry allocations, the manager uses top-down analysis to try to anticipate shifts in the business cycle. The manager uses bottom-up research to find individual securities that appear comparatively undervalued.The fund may engage in derivative transactions, including futures contracts and options which may be used to reduce risk, obtain efficient market exposure, and/or enhance investment returns. The fund’s investments in U.S. government and agency securities may or may not be supported by the full faith and credit of the United States. The fund may trade securities actively.
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JIGEX - Performance

Return Ranking - Trailing

Period JIGEX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.9% -4.5% 5.2% 31.76%
1 Yr 4.1% -7.4% 12.7% 41.73%
3 Yr -2.6%* -10.8% 26.4% 36.48%
5 Yr 0.4%* -7.1% 191.4% 41.33%
10 Yr N/A* -2.5% 73.7% 30.00%

* Annualized

Return Ranking - Calendar

Period JIGEX Return Category Return Low Category Return High Rank in Category (%)
2023 2.0% -16.2% 8.1% 54.34%
2022 -16.7% -34.7% 131.9% 71.49%
2021 -3.7% -11.6% 4.4% 65.59%
2020 4.8% -10.1% 946.1% 38.13%
2019 5.5% -1.7% 16.9% 53.89%

Total Return Ranking - Trailing

Period JIGEX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.9% -4.5% 5.2% 31.76%
1 Yr 4.1% -7.4% 12.7% 41.73%
3 Yr -2.6%* -10.8% 26.4% 36.48%
5 Yr 0.4%* -7.1% 191.4% 41.33%
10 Yr N/A* -2.5% 73.7% 28.00%

* Annualized

Total Return Ranking - Calendar

Period JIGEX Return Category Return Low Category Return High Rank in Category (%)
2023 6.6% -11.3% 11.0% 30.61%
2022 -13.6% -32.2% 131.9% 52.17%
2021 -0.6% -9.4% 9.2% 36.25%
2020 9.1% -1.9% 1009.0% 30.66%
2019 8.9% 1.1% 21668.0% 48.66%

NAV & Total Return History


JIGEX - Holdings

Concentration Analysis

JIGEX Category Low Category High JIGEX % Rank
Net Assets 3.31 B 2.9 M 314 B 32.66%
Number of Holdings 789 1 17816 48.84%
Net Assets in Top 10 770 M 1.57 M 34.8 B 34.84%
Weighting of Top 10 23.25% 4.4% 132.5% 52.38%

Top 10 Holdings

  1. UNITED STATES TREASURY NOTE/BO 01/31 4 5.54%
  2. UNITED STATES TREASURY NOTE/BO 11/43 4.75 4.02%
  3. UNITED STATES TREASURY NOTE/BO 11/53 4.75 3.22%
  4. UNITED STATES TREASURY NOTE/BO 01/29 4 2.65%
  5. JH COLLATERAL 1.92%
  6. UNITED STATES TREASURY NOTE/BO 11/42 4 1.59%
  7. UNITED STATES TREASURY NOTE/BO 02/44 4.5 1.19%
  8. UNITED STATES TREASURY NOTE/BO 02/34 4 1.19%
  9. UNITED STATES TREASURY NOTE/BO 08/42 3.375 0.97%
  10. FANNIE MAE POOL FN 03/52 FIXED 2.5 0.95%

Asset Allocation

Weighting Return Low Return High JIGEX % Rank
Bonds
92.85% 0.00% 211.59% 65.23%
Other
6.53% -16.94% 53.20% 36.46%
Cash
1.92% -54.51% 87.74% 59.52%
Convertible Bonds
1.38% 0.00% 7.93% 53.04%
Preferred Stocks
0.01% 0.00% 74.98% 27.29%
Stocks
0.00% 0.00% 99.99% 76.68%

Bond Sector Breakdown

Weighting Return Low Return High JIGEX % Rank
Securitized
48.66% 0.00% 98.40% 14.50%
Corporate
34.64% 0.00% 100.00% 36.21%
Government
12.47% 0.00% 86.23% 80.73%
Cash & Equivalents
1.92% 0.00% 83.04% 56.09%
Municipal
1.06% 0.00% 100.00% 27.89%
Derivative
0.00% -9.72% 50.66% 75.33%

Bond Geographic Breakdown

Weighting Return Low Return High JIGEX % Rank
US
92.85% 0.00% 211.59% 57.30%
Non US
0.00% 0.00% 33.48% 77.64%

JIGEX - Expenses

Operational Fees

JIGEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.47% 0.01% 39.10% 76.62%
Management Fee 0.39% 0.00% 1.76% 58.29%
12b-1 Fee 0.00% 0.00% 1.00% 8.86%
Administrative Fee N/A 0.01% 0.50% N/A

Sales Fees

JIGEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.00% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

JIGEX 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.

JIGEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 122.00% 2.00% 493.39% 47.98%

JIGEX - Distributions

Dividend Yield Analysis

JIGEX Category Low Category High JIGEX % Rank
Dividend Yield 4.23% 0.00% 10.11% 31.86%

Dividend Distribution Analysis

JIGEX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Annual Monthly Monthly

Net Income Ratio Analysis

JIGEX Category Low Category High JIGEX % Rank
Net Income Ratio 2.05% -1.28% 4.79% 28.10%

Capital Gain Distribution Analysis

JIGEX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Distributions History

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JIGEX - Fund Manager Analysis

Managers

Jeffrey Given


Start Date

Tenure

Tenure Rank

Jan 01, 1998

24.43

24.4%

Jeffrey N. Given, CFA Senior Portfolio Manager, Co-Head of U.S. Core and Core-Plus Fixed Income, Manulife Investment Management Jeff is co-head of the firm’s U.S. core and core-plus fixed-income team and is responsible for the firm’s securitized, core, core-plus, and government bond strategies. Prior to joining the portfolio management team, he was focused on research and trading in mortgage-backed securities within the Manulife fixed-income teams. Previously, he was an investment compliance analyst at the company.

Howard Greene


Start Date

Tenure

Tenure Rank

Jan 01, 2003

19.42

19.4%

Howard C. Greene, CFA Senior Portfolio Manager, Co-Head of U.S. Core and Core-Plus Fixed Income, Manulife Investment Management Howard is co-head of the firm’s U.S. core and core-plus fixed-income team and serves as a co-lead portfolio manager for the core and core-plus fixed-income strategies. Prior to joining the company, he spent more than 14 years at Sun Life Financial Services of Canada as a senior vice president for Sun Capital Advisers, managing investment-grade and high-yield fixed-income portfolios.

Pranay Sonalkar


Start Date

Tenure

Tenure Rank

Jun 30, 2021

0.92

0.9%

Pranay Sonalkar Associate Portfolio Manager, U.S. Core and Core Plus Fixed Income, Manulife Investment Management Pranay is an associate portfolio manager on the firm’s U.S. Core and Core Plus Fixed Income team. Previously, he was a credit research analyst and sector lead responsible for research coverage of the industrials, utilities, and energy sectors. Prior to that, he was a lead credit analyst with Standard & Poor's on various chemical and environmental services issuers and, before that, he worked for Barclays Capital as a sell-side credit analyst assisting coverage in multiple sectors. Education: B.A., Economics and Mathematical Science, Colby College; M.B.A., Cornell University–Samuel Curtis Johnson Graduate School of Management Joined the company: 2014 Began career: 2007

Connor Minnaar


Start Date

Tenure

Tenure Rank

Mar 31, 2022

0.17

0.2%

Connor Minnaar, CFA ·Senior Director and Associate Portfolio Manager ·Joined Manulife IM (US) in 2006 ·Began business career in 2002

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 33.43 6.78 1.16