John Hancock High Yield Fund (JHHBX)
The investment seeks high current income; capital appreciation is a secondary goal. Under normal market conditions, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in U.S. and foreign fixed-income securities rated BB/Ba or lower and their unrated equivalents. No more than 10% of the fund's total assets may be invested in securities that are rated in default by S&P or Moody's. It may hold up to 20% of its total assets in the securities of companies in any one industry and up to 10% of its total assets in the securities of any individual issuer. The fund typically invests in a broad range of industries.
Fund Info
| ISIN | US41014P8398 |
|---|---|
| Issuer | John Hancock |
| Inception Date | Jun 30, 1993 |
| Category | High Yield Bonds |
| Min. Investment | $1,000 |
| Asset Class | Bond |
Expense Ratio
JHHBX features an expense ratio of 0.90%, 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 High Yield 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 High Yield Fund had a return of 6.14% year-to-date (YTD) and 12.03% in the last 12 months. Over the past 10 years, John Hancock High Yield Fund had an annualized return of 3.57%, while the S&P 500 had an annualized return of 10.88%, indicating that John Hancock High Yield Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 6.14% | 18.13% |
| 1 month | 1.81% | 1.45% |
| 6 months | 5.79% | 8.81% |
| 1 year | 12.03% | 26.52% |
| 5 years (annualized) | 3.48% | 13.43% |
| 10 years (annualized) | 3.57% | 10.88% |
Monthly Returns
The table below presents the monthly returns of JHHBX, 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.16% | 0.17% | 0.83% | -1.15% | 1.19% | 0.84% | 1.50% | 1.49% | 6.14% | ||||
| 2023 | 4.34% | -1.53% | 1.20% | 1.18% | -0.85% | 1.20% | 1.18% | 0.17% | -0.85% | -1.20% | 4.03% | 3.21% | 12.53% |
| 2022 | -2.52% | -0.77% | -0.77% | -3.56% | -0.20% | -6.27% | 5.68% | -2.49% | -4.24% | 2.28% | 1.90% | -0.87% | -11.72% |
| 2021 | 0.39% | 0.42% | 0.42% | 0.99% | 0.40% | 1.26% | 0.39% | 0.09% | 0.09% | 0.10% | -1.35% | 1.87% | 5.14% |
| 2020 | 0.14% | -1.91% | -12.65% | 4.60% | 4.39% | 1.36% | 3.84% | 1.30% | -1.11% | 0.09% | 4.08% | 1.59% | 4.55% |
| 2019 | 4.55% | 1.67% | 0.74% | 1.64% | -1.29% | 1.96% | 0.45% | 0.44% | 0.44% | 0.43% | 0.14% | 1.60% | 13.44% |
| 2018 | 0.71% | -0.96% | -0.71% | 0.44% | -0.12% | 0.44% | 1.03% | 0.76% | 0.47% | -1.86% | -1.31% | -2.24% | -3.36% |
| 2017 | 1.35% | 1.63% | -0.40% | 1.31% | 0.46% | 0.17% | 1.02% | -0.11% | 0.74% | 0.45% | -0.39% | 0.43% | 6.86% |
| 2016 | -1.61% | -0.37% | 3.79% | 3.36% | 0.85% | 0.55% | 2.36% | 2.61% | 0.52% | 0.50% | -0.37% | 1.96% | 14.91% |
| 2015 | 0.03% | 2.27% | 0.03% | 0.83% | 0.28% | -1.13% | -0.31% | -1.73% | -2.63% | 2.34% | -2.41% | -1.88% | -4.37% |
| 2014 | 0.32% | 2.38% | 0.05% | 0.31% | 1.33% | 1.04% | -1.23% | 1.57% | -2.77% | 0.03% | -0.77% | -2.92% | -0.80% |
| 2013 | 2.40% | 0.56% | 1.07% | 2.38% | 0.28% | -2.79% | 2.44% | -0.98% | 1.37% | 2.68% | 0.06% | 0.83% | 10.64% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of JHHBX is 86, placing it in the top 14% of mutual funds on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for John Hancock High Yield Fund (JHHBX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
John Hancock High Yield Fund granted a 5.83% dividend yield in the last twelve months. The annual payout for that period amounted to $0.18 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.18 | $0.18 | $0.17 | $0.16 | $0.16 | $0.18 | $0.19 | $0.19 | $0.21 | $0.23 | $0.26 | $0.26 |
Dividend yield | 5.83% | 5.83% | 5.95% | 4.72% | 4.75% | 5.31% | 5.83% | 5.50% | 6.14% | 7.24% | 7.14% | 6.62% |
Monthly Dividends
The table displays the monthly dividend distributions for John Hancock High Yield 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.00 | $0.12 | |||
| 2023 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.02 | $0.02 | $0.02 | $0.01 | $0.18 |
| 2022 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.02 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.17 |
| 2021 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.16 |
| 2020 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.16 |
| 2019 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $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 | $0.02 | $0.19 |
| 2017 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.19 |
| 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 | $0.23 |
| 2014 | $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 |
| 2013 | $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 |
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 High Yield 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 High Yield Fund was 57.41%, occurring on Mar 9, 2009. Recovery took 409 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -57.41% | Jul 9, 2007 | 420 | Mar 9, 2009 | 409 | Oct 20, 2010 | 829 |
| -24.9% | May 6, 1998 | 117 | Oct 15, 1998 | 1167 | May 29, 2003 | 1284 |
| -23.01% | Feb 24, 2020 | 21 | Mar 23, 2020 | 161 | Nov 9, 2020 | 182 |
| -22.57% | May 12, 2011 | 101 | Oct 4, 2011 | 298 | Dec 12, 2012 | 399 |
| -15.19% | Sep 2, 2014 | 365 | Feb 11, 2016 | 140 | Aug 31, 2016 | 505 |
Volatility
Volatility Chart
The current John Hancock High Yield Fund volatility is 0.87%, 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.