John Hancock Government Income Fund (JHGIX)
Under normal market conditions, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in obligations issued or guaranteed by the U.S. government and its agencies, authorities, or instrumentalities (U.S. government securities). It may invest up to 10% of its total assets in below-investment-grade fixed-income securities (junk bonds) rated Ba and below by Moody's or BB and below by S&P or Fitch or comparable rating by any NRSRO.
Fund Info
US41014P8547
41014P854
Sep 29, 1994
$1,000
Expense Ratio
JHGIX has a high expense ratio of 0.98%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in John Hancock Government 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 Government Income Fund had a return of 0.30% year-to-date (YTD) and 2.53% in the last 12 months. Over the past 10 years, John Hancock Government Income Fund had an annualized return of 0.12%, while the S&P 500 had an annualized return of 11.29%, indicating that John Hancock Government Income Fund did not perform as well as the benchmark.
JHGIX
0.30%
0.56%
-2.29%
2.53%
-1.94%
0.12%
^GSPC (Benchmark)
4.22%
2.22%
9.51%
22.46%
12.74%
11.29%
Monthly Returns
The table below presents the monthly returns of JHGIX, 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 | 0.43% | 0.30% | |||||||||||
| 2024 | -0.22% | -1.60% | 0.67% | -2.53% | 1.37% | 1.08% | 2.24% | 1.29% | 1.13% | -2.74% | 0.91% | -1.63% | -0.19% |
| 2023 | 2.65% | -2.44% | 2.65% | 0.50% | -1.33% | -0.86% | -0.35% | -0.72% | -2.39% | -1.52% | 3.80% | 3.40% | 3.16% |
| 2022 | -1.72% | -0.77% | -3.05% | -3.14% | 0.15% | -1.09% | 1.71% | -2.82% | -3.58% | -1.72% | 2.80% | -0.63% | -13.21% |
| 2021 | -0.84% | -1.87% | -1.51% | 0.80% | -0.04% | 0.48% | 1.33% | -0.26% | -1.09% | -0.16% | 0.47% | -0.60% | -3.27% |
| 2020 | 2.36% | 2.52% | 2.04% | 0.61% | -0.30% | 0.09% | 0.97% | -1.10% | 0.18% | -0.91% | 0.28% | 0.20% | 7.07% |
| 2019 | 0.43% | -0.35% | 1.97% | -0.46% | 2.26% | 0.70% | -0.06% | 3.14% | -0.80% | -0.08% | -0.29% | -0.61% | 5.90% |
| 2018 | -1.33% | -0.70% | 0.74% | -0.80% | 0.63% | 0.19% | -0.47% | 0.63% | -0.79% | -0.79% | 0.89% | 2.04% | 0.18% |
| 2017 | 0.16% | 0.38% | -0.13% | 0.61% | 0.37% | -0.15% | 0.17% | 0.92% | -0.78% | -0.16% | -0.16% | 0.48% | 1.71% |
| 2016 | 1.35% | 0.49% | 0.29% | 0.08% | -0.01% | 1.55% | 0.40% | -0.33% | 0.16% | -0.76% | -2.21% | -0.15% | 0.82% |
| 2015 | 1.23% | -0.52% | 0.50% | -0.32% | -0.32% | -0.64% | 0.72% | -0.02% | 0.50% | -0.23% | -0.22% | -0.33% | 0.33% |
| 2014 | 1.25% | 0.42% | -0.40% | 0.84% | 0.84% | 0.21% | -0.41% | 0.72% | -0.23% | 0.71% | 0.29% | 0.20% | 4.49% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of JHGIX is 13, meaning it’s performing worse than 87% of other 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 Government Income Fund (JHGIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
John Hancock Government Income Fund provided a 3.44% dividend yield over the last twelve months, with an annual payout of $0.27 per share.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.27 | $0.26 | $0.27 | $0.22 | $0.13 | $0.18 | $0.18 | $0.23 | $0.22 | $0.21 | $0.22 | $0.25 |
Dividend yield | 3.44% | 3.43% | 3.32% | 2.70% | 1.33% | 1.87% | 1.93% | 2.56% | 2.35% | 2.25% | 2.34% | 2.61% |
Monthly Dividends
The table displays the monthly dividend distributions for John Hancock Government 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 | $0.02 | $0.00 | $0.02 | ||||||||||
| 2024 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.26 |
| 2023 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.27 |
| 2022 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.06 | $0.22 |
| 2021 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.06 | $0.13 |
| 2020 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.08 | $0.18 |
| 2019 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.18 |
| 2018 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.04 | $0.23 |
| 2017 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.04 | $0.22 |
| 2016 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.21 |
| 2015 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.22 |
| 2014 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.04 | $0.25 |
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 Government 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 Government Income Fund was 21.24%, occurring on Oct 19, 2023. The portfolio has not yet recovered.
The current John Hancock Government Income Fund drawdown is 14.65%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -21.24% | Aug 5, 2020 | 808 | Oct 19, 2023 | — | — | — |
| -14.78% | Sep 9, 1992 | 572 | Nov 17, 1994 | 250 | Nov 2, 1995 | 822 |
| -10.01% | Jul 31, 1989 | 197 | May 1, 1990 | 615 | Sep 8, 1992 | 812 |
| -6.25% | Jun 16, 2003 | 42 | Aug 14, 2003 | 367 | Jan 28, 2005 | 409 |
| -6% | Oct 6, 1998 | 221 | Aug 10, 1999 | 230 | Jul 5, 2000 | 451 |
Volatility
Volatility Chart
The current John Hancock Government Income Fund volatility is 1.43%, 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.