John Hancock Funds Floating Rate Income Fund (JFIIX)
The fund will invest at least 80% of its net assets in floating-rate loans, which often include debt securities of domestic and foreign issuers that are rated below investment grade, at the time of purchase, or are of comparable quality, as determined by the manager, and other floating-rate securities. It may invest in domestic and foreign 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 London InterBank Offered Rate, or another generally recognized base lending rate.
Fund Info
US47804A6929
Jan 1, 2008
$250,000
Expense Ratio
JFIIX features an expense ratio of 0.78%, falling within the medium range.
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in John Hancock Funds Floating Rate Income Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
John Hancock Funds Floating Rate Income Fund had a return of 0.50% year-to-date (YTD) and 8.39% in the last 12 months. Over the past 10 years, John Hancock Funds Floating Rate Income Fund had an annualized return of 4.42%, while the S&P 500 had an annualized return of 11.26%, indicating that John Hancock Funds Floating Rate Income Fund did not perform as well as the benchmark.
JFIIX
0.50%
0.24%
4.20%
8.39%
5.35%
4.42%
^GSPC (Benchmark)
4.01%
1.13%
9.82%
22.80%
12.93%
11.26%
Monthly Returns
The table below presents the monthly returns of JFIIX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 0.76% | 0.50% | |||||||||||
| 2024 | 1.00% | 0.79% | 0.93% | 0.32% | 1.08% | 0.16% | 0.68% | 0.70% | 0.79% | 0.77% | 0.74% | 0.50% | 8.79% |
| 2023 | 3.04% | 0.64% | 0.06% | 0.85% | -0.18% | 2.62% | 1.55% | 1.15% | 0.75% | -0.37% | 1.18% | 1.64% | 13.65% |
| 2022 | 0.20% | -0.79% | -0.15% | -0.41% | -2.85% | -2.54% | 2.12% | 1.60% | -2.80% | 0.52% | 1.21% | 1.11% | -2.90% |
| 2021 | 1.07% | 0.64% | 0.17% | 0.34% | 0.57% | 0.44% | -0.04% | 0.45% | 0.58% | 0.11% | -0.25% | 0.67% | 4.85% |
| 2020 | 0.54% | -1.53% | -12.94% | 4.70% | 3.93% | 1.14% | 2.06% | 1.52% | 0.46% | 0.34% | 2.24% | 1.59% | 2.91% |
| 2019 | 2.82% | 1.75% | -0.27% | 1.78% | -0.38% | 0.33% | 0.81% | -0.15% | 0.42% | -0.52% | 0.43% | 1.77% | 9.08% |
| 2018 | 0.85% | -0.25% | 0.26% | 0.63% | 0.04% | 0.03% | 0.87% | 0.13% | 0.22% | -0.25% | -0.85% | -2.51% | -0.88% |
| 2017 | 1.13% | 0.27% | -0.29% | -0.43% | 0.26% | 0.00% | 0.84% | -0.44% | 0.37% | 0.71% | 0.11% | 0.49% | 3.04% |
| 2016 | -1.75% | -0.92% | 3.15% | 2.93% | 1.42% | 0.19% | 1.52% | 0.91% | 0.91% | 0.92% | 0.08% | 1.73% | 11.57% |
| 2015 | -0.02% | 1.40% | 0.42% | 0.95% | 0.08% | -0.72% | -0.49% | -1.17% | -1.20% | -0.26% | -1.56% | -1.48% | -4.03% |
| 2014 | 0.48% | 0.34% | 0.26% | 0.14% | 0.35% | 0.57% | -0.06% | 0.27% | -0.91% | 0.19% | 0.18% | -2.03% | -0.26% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 98, JFIIX is among the top 2% of mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for John Hancock Funds Floating Rate Income Fund (JFIIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
John Hancock Funds Floating Rate Income Fund provided a 8.17% dividend yield over the last twelve months, with an annual payout of $0.63 per share.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.63 | $0.64 | $0.67 | $0.61 | $0.31 | $0.36 | $0.46 | $0.37 | $0.38 | $0.49 | $0.44 | $0.44 |
Dividend yield | 8.17% | 8.39% | 8.80% | 8.32% | 3.77% | 4.36% | 5.49% | 4.65% | 4.53% | 5.64% | 5.35% | 4.92% |
Monthly Dividends
The table displays the monthly dividend distributions for John Hancock Funds Floating Rate Income Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.05 | $0.00 | $0.05 | ||||||||||
| 2024 | $0.07 | $0.06 | $0.06 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.64 |
| 2023 | $0.05 | $0.05 | $0.05 | $0.05 | $0.06 | $0.05 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.67 |
| 2022 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.04 | $0.04 | $0.05 | $0.05 | $0.22 | $0.61 |
| 2021 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.10 | $0.31 |
| 2020 | $0.04 | $0.03 | $0.04 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.36 |
| 2019 | $0.04 | $0.03 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.06 | $0.46 |
| 2018 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.37 |
| 2017 | $0.04 | $0.03 | $0.04 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.38 |
| 2016 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.08 | $0.49 |
| 2015 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.44 |
| 2014 | $0.04 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.04 | $0.04 | $0.04 | $0.06 | $0.44 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the John Hancock Funds Floating Rate Income Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the John Hancock Funds Floating Rate Income Fund was 29.81%, occurring on Dec 17, 2008. Recovery took 187 trading sessions.
The current John Hancock Funds Floating Rate Income Fund drawdown is 0.26%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -29.81% | Jun 23, 2008 | 124 | Dec 17, 2008 | 187 | Sep 16, 2009 | 311 |
| -20.89% | Feb 3, 2020 | 36 | Mar 24, 2020 | 160 | Nov 9, 2020 | 196 |
| -9.81% | Jun 2, 2015 | 185 | Feb 24, 2016 | 132 | Aug 31, 2016 | 317 |
| -7.23% | Jan 24, 2022 | 113 | Jul 6, 2022 | 147 | Feb 3, 2023 | 260 |
| -6.28% | May 3, 2011 | 80 | Aug 24, 2011 | 110 | Feb 1, 2012 | 190 |
Volatility
Volatility Chart
The current John Hancock Funds Floating Rate Income Fund volatility is 0.73%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.