John Hancock Funds Strategic Income Opportunities Fund (JIPIX)
The fund invests at least 80% of its assets in the following types of securities, which may be denominated in U.S. dollars or foreign currencies: foreign government and corporate debt securities from developed and emerging markets, U.S. government and agency securities, domestic high-yield bonds, and investment-grade corporate bonds and currency instruments. It may also invest in preferred stock and other types of debt securities.
Fund Info
ISIN | US47804A1300 |
---|---|
Issuer | John Hancock |
Inception Date | Jan 3, 2010 |
Category | Multisector Bonds |
Min. Investment | $250,000 |
Asset Class | Bond |
Expense Ratio
JIPIX features an expense ratio of 0.76%, falling within the medium range.
Share Price Chart
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Compare to other instruments
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Popular comparisons: JIPIX vs. SPYD
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in John Hancock Funds Strategic Income Opportunities 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 Strategic Income Opportunities Fund had a return of 3.28% year-to-date (YTD) and 8.57% in the last 12 months. Over the past 10 years, John Hancock Funds Strategic Income Opportunities Fund had an annualized return of 2.70%, while the S&P 500 had an annualized return of 10.67%, indicating that John Hancock Funds Strategic Income Opportunities Fund did not perform as well as the benchmark.
Period | Return | Benchmark |
---|---|---|
Year-To-Date | 3.28% | 15.73% |
1 month | 1.20% | 6.43% |
6 months | 3.41% | 8.14% |
1 year | 8.57% | 22.75% |
5 years (annualized) | 2.09% | 13.18% |
10 years (annualized) | 2.70% | 10.67% |
Monthly Returns
The table below presents the monthly returns of JIPIX, 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 | -0.21% | -0.52% | 0.90% | -2.02% | 1.43% | 0.70% | 1.51% | 1.30% | 3.28% | ||||
2023 | 3.22% | -2.34% | 2.38% | 0.38% | -0.94% | 0.79% | 0.68% | -0.85% | -1.99% | -1.19% | 4.35% | 3.17% | 7.64% |
2022 | -2.15% | -1.28% | -0.82% | -3.50% | 0.20% | -4.12% | 3.29% | -1.68% | -3.96% | 0.54% | 3.09% | 0.05% | -10.16% |
2021 | -0.41% | 0.21% | 0.05% | 1.22% | 0.60% | -0.27% | 0.26% | 0.18% | -0.79% | -0.35% | -0.97% | 1.28% | 1.00% |
2020 | 1.13% | -1.12% | -7.02% | 3.43% | 2.23% | 1.42% | 3.48% | 1.06% | -0.75% | 0.53% | 3.01% | 1.34% | 8.61% |
2019 | 3.42% | 0.56% | 1.05% | 0.45% | 0.34% | 1.87% | 0.41% | 1.16% | -0.17% | 0.76% | -0.09% | 0.75% | 10.99% |
2018 | 0.81% | -1.13% | -0.11% | -0.38% | -1.21% | -0.85% | 1.18% | -0.54% | 0.32% | -2.00% | 0.02% | -1.28% | -5.09% |
2017 | 0.78% | 0.50% | 0.21% | 0.41% | 0.41% | 1.06% | 1.06% | 0.42% | 0.25% | -0.30% | 0.25% | 0.27% | 5.46% |
2016 | -0.33% | 0.54% | 1.75% | 0.77% | 0.10% | 0.77% | 1.15% | 0.49% | -0.25% | -0.16% | -0.63% | 0.79% | 5.07% |
2015 | 1.57% | 0.63% | 0.54% | -0.92% | 0.35% | -0.57% | 0.71% | -0.77% | -0.68% | 1.08% | -0.04% | -0.31% | 1.55% |
2014 | 0.80% | 1.52% | 0.60% | 0.14% | 0.41% | 0.49% | -0.34% | 0.57% | -0.71% | 0.47% | 0.47% | 0.02% | 4.52% |
2013 | 1.47% | 0.63% | 0.36% | 1.24% | -0.62% | -2.47% | 0.53% | -1.18% | 0.72% | 1.90% | 0.16% | 0.22% | 2.91% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of JIPIX is 65, 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 Funds Strategic Income Opportunities Fund (JIPIX) 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 Strategic Income Opportunities Fund granted a 3.05% dividend yield in the last twelve months. The annual payout for that period amounted to $0.31 per share.
Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Dividend | $0.31 | $0.33 | $0.39 | $0.34 | $0.25 | $0.29 | $0.37 | $0.34 | $0.27 | $0.67 | $0.42 | $0.65 |
Dividend yield | 3.05% | 3.29% | 4.08% | 3.07% | 2.16% | 2.71% | 3.71% | 3.16% | 2.54% | 6.42% | 3.89% | 6.00% |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.00 | $0.00 | $0.20 | |||
2023 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.33 |
2022 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.00 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.09 | $0.39 |
2021 | $0.02 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.34 |
2020 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.04 | $0.02 | $0.02 | $0.02 | $0.02 | $0.25 |
2019 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.29 |
2018 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.37 |
2017 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.07 | $0.34 |
2016 | $0.03 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.27 |
2015 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.36 | $0.67 |
2014 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.05 | $0.42 |
2013 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.21 | $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 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 15.16%, occurring on Oct 20, 2022. The portfolio has not yet recovered.
The current John Hancock Funds Strategic Income Opportunities Fund drawdown is 1.15%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
---|---|---|---|---|---|---|
-15.16% | Sep 7, 2021 | 284 | Oct 20, 2022 | — | — | — |
-14.4% | Feb 18, 2020 | 25 | Mar 23, 2020 | 83 | Jul 21, 2020 | 108 |
-9.91% | Jul 27, 2011 | 49 | Oct 4, 2011 | 101 | Feb 29, 2012 | 150 |
-6.73% | Jan 29, 2018 | 229 | Dec 24, 2018 | 113 | Jun 7, 2019 | 342 |
-5.26% | May 23, 2013 | 22 | Jun 24, 2013 | 165 | Feb 19, 2014 | 187 |
Volatility
Volatility Chart
The current John Hancock Funds Strategic Income Opportunities Fund volatility is 0.65%, 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.