John Hancock Opportunistic Fixed Income Fund (JIGDX)
The investment seeks maximum total return, consistent with preservation of capital and prudent investment management. The fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in fixed-income instruments. Fixed income instruments include, but are not limited to the following securities, which may be denominated in U.S. dollars or foreign currencies: sovereign debt, inflation-linked bonds, corporate and high yield credit (also known as "junk bonds"), securitized debt, bank loans and floating rate loans and emerging markets debt, convertible and hybrid securities.
Fund Info
| ISIN | US47803V7477 |
|---|---|
| Issuer | John Hancock |
| Inception Date | Oct 13, 2005 |
| Category | Global Bonds |
| Min. Investment | $0 |
| Asset Class | Bond |
Expense Ratio
JIGDX features an expense ratio of 0.85%, falling within the medium range.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in John Hancock Opportunistic Fixed 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 Opportunistic Fixed Income Fund had a return of 4.31% year-to-date (YTD) and 9.47% in the last 12 months. Over the past 10 years, John Hancock Opportunistic Fixed Income Fund had an annualized return of 2.19%, while the S&P 500 had an annualized return of 10.88%, indicating that John Hancock Opportunistic Fixed Income Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 4.31% | 18.13% |
| 1 month | 1.72% | 1.45% |
| 6 months | 5.72% | 8.81% |
| 1 year | 9.47% | 26.52% |
| 5 years (annualized) | 2.20% | 13.43% |
| 10 years (annualized) | 2.19% | 10.88% |
Monthly Returns
The table below presents the monthly returns of JIGDX, 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 | -0.17% | -1.25% | 0.57% | -2.70% | 1.90% | 0.39% | 2.38% | 1.58% | 4.31% | ||||
| 2023 | 3.86% | -3.03% | 3.57% | 0.60% | -1.37% | 0.35% | 0.95% | -0.86% | -2.33% | -1.06% | 4.29% | 3.24% | 8.15% |
| 2022 | -1.74% | -3.63% | -2.62% | -3.07% | 0.60% | -4.74% | 4.13% | -1.55% | -4.13% | 0.84% | 5.00% | 0.03% | -10.84% |
| 2021 | -0.07% | -1.54% | -1.12% | 0.91% | 0.97% | 0.30% | 0.96% | 0.07% | -1.54% | -0.89% | -0.45% | 0.55% | -1.89% |
| 2020 | 1.17% | 1.93% | -5.98% | 3.94% | 3.25% | 1.12% | 2.59% | 1.01% | -0.64% | -0.29% | 1.88% | 1.44% | 11.65% |
| 2019 | 1.85% | -0.39% | 1.11% | 0.16% | 1.49% | 1.31% | -0.53% | 1.53% | -0.98% | 0.84% | -0.75% | 1.01% | 6.77% |
| 2018 | 1.64% | -0.92% | 1.16% | -1.53% | -0.62% | -0.47% | 0.00% | -0.08% | -0.63% | -1.42% | -0.24% | 1.45% | -1.71% |
| 2017 | 1.18% | 0.50% | 0.58% | 0.99% | 1.47% | 0.24% | 2.17% | 1.18% | -0.86% | -0.39% | 0.95% | 0.23% | 8.54% |
| 2016 | 1.02% | 2.36% | 2.71% | 1.68% | -1.50% | 3.52% | 1.47% | -0.46% | 0.69% | -2.96% | -4.61% | -0.19% | 3.46% |
| 2015 | 0.98% | -1.06% | -0.90% | 0.50% | -2.39% | -0.59% | 0.68% | 0.17% | 0.25% | 0.08% | -1.43% | 0.28% | -3.42% |
| 2014 | 1.17% | 1.65% | -0.08% | 1.22% | 0.48% | 1.12% | -0.79% | 0.64% | -3.01% | -0.16% | -0.16% | -0.16% | 1.84% |
| 2013 | -1.03% | -0.48% | -0.24% | 1.13% | -3.83% | -1.74% | 0.59% | -0.59% | 1.60% | 0.83% | -0.82% | -0.50% | -5.08% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of JIGDX is 43, suggesting that the investment has average results relative to other mutual funds in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for John Hancock Opportunistic Fixed Income Fund (JIGDX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
John Hancock Opportunistic Fixed Income Fund granted a 0.97% dividend yield in the last twelve months. The annual payout for that period amounted to $0.12 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.12 | $0.05 | $0.61 | $0.16 | $0.70 | $0.46 | $0.17 | $0.00 | $0.35 | $0.00 |
Dividend yield | 0.97% | 0.39% | 5.52% | 1.24% | 5.15% | 3.58% | 1.36% | 0.00% | 2.99% | 0.02% |
Monthly Dividends
The table displays the monthly dividend distributions for John Hancock Opportunistic Fixed 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.00 | $0.07 | |||
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.05 | $0.05 |
| 2022 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.24 | $0.00 | $0.00 | $0.21 | $0.61 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.16 | $0.16 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.70 | $0.70 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.46 | $0.46 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.17 | $0.17 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.35 | $0.35 |
| 2015 | $0.00 | $0.00 |
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 Opportunistic Fixed 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 Opportunistic Fixed Income Fund was 20.55%, occurring on Nov 21, 2008. Recovery took 211 trading sessions.
The current John Hancock Opportunistic Fixed Income Fund drawdown is 1.75%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -20.55% | Mar 18, 2008 | 174 | Nov 21, 2008 | 211 | Sep 25, 2009 | 385 |
| -19.23% | Sep 2, 2021 | 286 | Oct 20, 2022 | — | — | — |
| -11.34% | Mar 6, 2020 | 10 | Mar 19, 2020 | 49 | May 29, 2020 | 59 |
| -9.65% | Aug 19, 2016 | 83 | Dec 15, 2016 | 180 | Sep 5, 2017 | 263 |
| -9.45% | Jan 26, 2007 | 96 | Jun 13, 2007 | 100 | Nov 5, 2007 | 196 |
Volatility
Volatility Chart
The current John Hancock Opportunistic Fixed Income Fund volatility is 1.02%, 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.