John Hancock Funds II High Yield Fund (JIHDX)
The fund invests at least 80% of its net assets (plus any borrowings for investment purposes) at the time of investment in high yield securities. It may invest in foreign bonds and other fixed-income securities denominated in foreign currencies. The fund may invest in fixed- and floating-rate loans, generally in the form of loan participations and assignments of such loans. It normally maintains an average portfolio duration of between three and seven years.
Fund Info
| ISIN | US47803V7212 |
|---|---|
| Issuer | John Hancock |
| Inception Date | Oct 14, 2005 |
| Category | High Yield Bonds |
| Min. Investment | $0 |
| Asset Class | Bond |
Expense Ratio
JIHDX features an expense ratio of 0.83%, 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 Funds II 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 Funds II High Yield Fund had a return of 8.26% year-to-date (YTD) and 13.38% in the last 12 months. Over the past 10 years, John Hancock Funds II High Yield Fund had an annualized return of 3.77%, while the S&P 500 had an annualized return of 10.85%, indicating that John Hancock Funds II High Yield Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 8.26% | 17.79% |
| 1 month | 2.11% | 0.18% |
| 6 months | 6.72% | 7.53% |
| 1 year | 13.38% | 26.42% |
| 5 years (annualized) | 4.03% | 13.48% |
| 10 years (annualized) | 3.77% | 10.85% |
Monthly Returns
The table below presents the monthly returns of JIHDX, 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 | 0.00% | 0.58% | 1.21% | -0.87% | 1.46% | 0.79% | 2.02% | 1.42% | 8.26% | ||||
| 2023 | 4.71% | -1.16% | -0.21% | 0.74% | -0.74% | 1.91% | 2.23% | 0.29% | -1.10% | -2.10% | 3.98% | 3.87% | 12.84% |
| 2022 | -2.46% | -1.13% | -1.04% | -3.78% | -1.49% | -7.29% | 5.26% | -1.29% | -4.84% | 2.01% | 2.58% | -0.55% | -13.69% |
| 2021 | 0.12% | 0.74% | 0.25% | 1.36% | 0.37% | 1.44% | 0.24% | 0.48% | 0.07% | -0.00% | -1.22% | 1.91% | 5.88% |
| 2020 | -0.25% | -1.61% | -13.80% | 4.88% | 5.08% | 1.37% | 4.30% | 1.29% | -0.96% | 0.52% | 4.41% | 1.87% | 5.74% |
| 2019 | 5.51% | 1.53% | 1.20% | 1.77% | -1.24% | 1.81% | 0.50% | -0.13% | 0.50% | -0.00% | 0.50% | 3.13% | 15.98% |
| 2018 | 0.85% | -1.09% | -0.71% | 0.75% | 0.37% | 0.09% | 1.37% | 0.99% | 0.26% | -2.35% | -1.14% | -3.21% | -3.85% |
| 2017 | 1.48% | 1.33% | -0.37% | 0.85% | 0.72% | 0.20% | 1.21% | -0.60% | 1.39% | 0.12% | 0.00% | 0.61% | 7.14% |
| 2016 | -2.71% | -0.56% | 4.63% | 5.29% | 0.64% | 1.84% | 2.30% | 1.87% | 0.87% | 0.74% | -0.25% | 1.86% | 17.54% |
| 2015 | -0.34% | 2.54% | -0.08% | 1.95% | 0.22% | -1.53% | -1.39% | -2.11% | -2.95% | 2.15% | -2.48% | -4.05% | -8.01% |
| 2014 | 0.21% | 2.12% | 0.55% | 0.63% | 0.83% | 1.14% | -0.93% | 0.94% | -2.49% | -0.22% | -1.09% | -2.33% | -0.73% |
| 2013 | 2.05% | 0.74% | 1.32% | 1.37% | -0.21% | -2.67% | 1.85% | -0.64% | 1.30% | 2.37% | 0.53% | 0.39% | 8.62% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of JIHDX is 87, placing it in the top 13% 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 Funds II High Yield Fund (JIHDX) 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 II High Yield Fund granted a 6.82% dividend yield in the last twelve months. The annual payout for that period amounted to $0.50 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.50 | $0.51 | $0.44 | $0.41 | $0.45 | $0.49 | $0.48 | $0.48 | $0.51 | $0.64 | $0.67 | $0.65 |
Dividend yield | 6.82% | 7.36% | 6.72% | 5.01% | 5.57% | 6.03% | 6.47% | 5.83% | 6.30% | 8.74% | 7.76% | 6.88% |
Monthly Dividends
The table displays the monthly dividend distributions for John Hancock Funds II 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 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.00 | $0.20 | |||
| 2023 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.16 | $0.51 |
| 2022 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.12 | $0.44 |
| 2021 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.12 | $0.41 |
| 2020 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.12 | $0.45 |
| 2019 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.14 | $0.49 |
| 2018 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.13 | $0.48 |
| 2017 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.13 | $0.48 |
| 2016 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.14 | $0.51 |
| 2015 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.19 | $0.00 | $0.00 | $0.17 | $0.64 |
| 2014 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.19 | $0.00 | $0.00 | $0.19 | $0.67 |
| 2013 | $0.14 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.18 | $0.65 |
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 II 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 Funds II High Yield Fund was 36.38%, occurring on Dec 12, 2008. Recovery took 189 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -36.38% | Jun 5, 2007 | 385 | Dec 12, 2008 | 189 | Sep 15, 2009 | 574 |
| -23.48% | Feb 21, 2020 | 22 | Mar 23, 2020 | 159 | Nov 5, 2020 | 181 |
| -19.09% | Jul 8, 2014 | 404 | Feb 11, 2016 | 173 | Oct 18, 2016 | 577 |
| -17.22% | Nov 10, 2021 | 224 | Sep 30, 2022 | 421 | Jun 5, 2024 | 645 |
| -11.52% | May 17, 2011 | 98 | Oct 4, 2011 | 96 | Feb 22, 2012 | 194 |
Volatility
Volatility Chart
The current John Hancock Funds II High Yield Fund volatility is 0.64%, 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.