- ISIN
- US47804A1300
- Issuer
- John Hancock
- Inception Date
- Jan 3, 2010
- Category
- Multisector Bonds
- Min. Investment
- $250,000
- Distribution Policy
- Distributing
- Asset Class
- Bond
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
JIPIX Performance Chart
John Hancock Funds Strategic Income Opportunities Fund (JIPIX) is up 1.6% since the beginning of the year. JIPIX is currently trading at $10 per share. Investors who bought $1,000 worth of JIPIX shares 5 years ago would now be looking at an investment worth $1,057.
Loading charts...
Returns By Period
John Hancock Funds Strategic Income Opportunities Fund (JIPIX) has returned 1.63% so far this year and 6.82% over the past 12 months. Over the last ten years, JIPIX has returned 2.79% per year, falling short of the S&P 500 Index benchmark, which averaged 13.66% annually.
John Hancock Funds Strategic Income Opportunities Fund
- 1D
- 0.00%
- 1M
- 0.72%
- YTD
- 1.63%
- 6M
- 1.95%
- 1Y
- 6.82%
- 3Y*
- 5.05%
- 5Y*
- 1.11%
- 10Y*
- 2.79%
Benchmark (S&P 500 Index)
- 1D
- -0.74%
- 1M
- 4.90%
- YTD
- 10.35%
- 6M
- 10.28%
- 1Y
- 26.52%
- 3Y*
- 20.83%
- 5Y*
- 12.30%
- 10Y*
- 13.66%
JIPIX Monthly Returns History
Based on dividend-adjusted daily data since Dec 31, 2009, JIPIX's average daily return is +0.02%, while the average monthly return is +0.36%. At this rate, an investment would double in approximately 16.1 years.
Historically, 69% of months were positive and 31% were negative. The best month was Oct 2011 with a return of +4.8%, while the worst month was Mar 2020 at -7.0%. The longest winning streak lasted 11 consecutive months, and the longest losing streak was 5 months.
On a daily basis, JIPIX closed higher 43% of trading days. The best single day was Mar 26, 2020 with a return of +2.4%, while the worst single day was Mar 18, 2020 at -3.3%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.80% | 1.08% | -2.16% | 1.31% | 0.62% | 0.00% | 1.63% | ||||||
| 2025 | 0.90% | 0.70% | -0.38% | 0.22% | 0.83% | 1.72% | 0.13% | 1.31% | 0.91% | 0.32% | 0.31% | 0.32% | 7.50% |
| 2024 | -0.21% | -0.51% | 0.61% | -2.02% | 1.43% | 0.41% | 1.51% | 1.30% | 1.47% | -1.87% | 0.98% | -0.81% | 2.23% |
| 2023 | 3.22% | -2.34% | 2.38% | 0.10% | -0.94% | 0.79% | 0.69% | -1.12% | -2.26% | -1.47% | 4.35% | 3.16% | 6.45% |
| 2022 | -2.14% | -1.29% | -0.82% | -3.49% | 0.20% | -4.13% | 2.97% | -1.68% | -3.96% | 0.55% | 3.08% | 0.07% | -10.43% |
| 2021 | -0.62% | 0.21% | 0.05% | 1.22% | 0.61% | -0.26% | 0.26% | 0.19% | -0.79% | -0.35% | -0.97% | 1.28% | 0.80% |
Benchmark Metrics
John Hancock Funds Strategic Income Opportunities Fund has an annualized alpha of 2.59%, beta of 0.13, and R2 of 0.30 versus S&P 500 Index. Calculated based on daily prices since January 04, 2010.
- This fund participated in 28.49% of S&P 500 Index downside but only 25.40% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.13 may look defensive, but with R2 of 0.30 this fund is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
- R2 of 0.30 means this fund moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 2.59%
- Beta
- 0.13
- R²
- 0.30
- Upside Capture
- 25.40%
- Downside Capture
- 28.49%
Expense Ratio
JIPIX has an expense ratio of 0.76%, placing it in the medium range.
Return for Risk
Risk / Return Rank
JIPIX ranks 57 for risk / return — on par with similar mutual funds. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for John Hancock Funds Strategic Income Opportunities Fund (JIPIX) and compare them to S&P 500 Index.
| JIPIX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.07 | ||
| Sortino ratioReturn per unit of downside risk | +0.41 | ||
| Omega ratioGain probability vs. loss probability | 1.50 | 1.41 | +0.09 |
| Calmar ratioReturn relative to maximum drawdown | 2.39 | 2.93 | -0.54 |
| Martin ratioReturn relative to average drawdown | 9.04 | 13.52 | -4.48 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Dividends
Dividend History
John Hancock Funds Strategic Income Opportunities Fund provided a 3.84% dividend yield over the last twelve months, with an annual payout of $0.40 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.40 | $0.38 | $0.26 | $0.22 | $0.36 | $0.32 | $0.23 | $0.29 | $0.37 | $0.34 | $0.27 | $0.72 |
Dividend yield | 3.84% | 3.73% | 2.59% | 2.23% | 3.77% | 2.87% | 2.03% | 2.72% | 3.71% | 3.14% | 2.54% | 6.91% |
Monthly Dividends
The table displays the monthly dividend distributions for John Hancock Funds Strategic Income Opportunities 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.00 | $0.17 | ||||||
| 2025 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.38 |
| 2024 | $0.03 | $0.03 | $0.00 | $0.03 | $0.03 | $0.00 | $0.03 | $0.00 | $0.03 | $0.03 | $0.03 | $0.03 | $0.26 |
| 2023 | $0.03 | $0.03 | $0.03 | $0.00 | $0.03 | $0.03 | $0.03 | $0.00 | $0.00 | $0.00 | $0.03 | $0.03 | $0.22 |
| 2022 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.00 | $0.00 | $0.03 | $0.03 | $0.03 | $0.03 | $0.09 | $0.36 |
| 2021 | $0.00 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.32 |
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.
Loading charts...
Worst Drawdowns
The table below displays the maximum drawdowns of the John Hancock Funds Strategic Income Opportunities 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 Strategic Income Opportunities Fund was 15.43%, occurring on Oct 20, 2022. Recovery took 673 trading sessions.
The current John Hancock Funds Strategic Income Opportunities Fund drawdown is 0.26%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Bear market2022 | -15.43%Oct 2022 | 1y 1mo | 2y 8mo | 3y 9moSep 2021 - Jun 2025 |
COVID crash2020 | -14.39%Mar 2020 | 1mo 4d | 3mo 29d | 5mo 3dFeb 2020 - Jul 2020 |
2011 correction2011 | -10.00%Oct 2011 | 2mo 3d | 4mo 28d | 7mo 1dAug 2011 - Feb 2012 |
Rate-hike selloffLate 2018 | -6.73%Dec 2018 | 10mo 29d | 5mo 13d | 1y 4moJan 2018 - Jun 2019 |
2013 pullback2013 | -5.26%Jun 2013 | 1mo 2d | 6mo 27d | 7mo 29dMay 2013 - Jan 2014 |
Drawdown Indicators
| JIPIX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -15.43% | -56.78% | +41.35% |
Max Drawdown (1Y)Largest decline over 1 year | -2.87% | -9.10% | +6.23% |
Max Drawdown (3Y)Largest decline over 3 years | -5.40% | -18.90% | +13.50% |
Max Drawdown (5Y)Largest decline over 5 years | -15.43% | -25.43% | +10.00% |
Max Drawdown (10Y)Largest decline over 10 years | -15.43% | -33.92% | +18.49% |
Current DrawdownCurrent decline from peak | -0.26% | -0.74% | +0.48% |
Average DrawdownAverage peak-to-trough decline | -2.43% | -10.72% | +8.29% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.76% | 1.97% | -1.21% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with JIPIX
Add John Hancock Funds Strategic Income Opportunities Fund to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with JIPIX