JHancock Short Duration Bond Fund (JSNIX)
The investment seeks a high level of current income consistent with prudent investment risk. Under normal market conditions, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in a diversified portfolio of bonds. These may include, but are not limited to, corporate bonds and debentures, mortgage-backed and asset-backed securities, and U.S. government and agency securities. The fund may invest up to 35% of its net assets in below-investment-grade debt securities rated as low as CC by S&P, Moody's, and Fitch, or their unrated equivalents.
Fund Info
| ISIN | US4780308106 |
|---|---|
| CUSIP | 478030810 |
| Issuer | John Hancock |
| Inception Date | Jul 16, 2019 |
| Category | Short-Term Bond |
| Min. Investment | $250,000 |
| Asset Class | Bond |
Expense Ratio
JSNIX features an expense ratio of 0.40%, 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 JHancock Short Duration Bond 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
JHancock Short Duration Bond Fund had a return of 4.26% year-to-date (YTD) and 7.41% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 4.26% | 21.88% |
| 1 month | -0.95% | 0.89% |
| 6 months | 3.46% | 15.85% |
| 1 year | 7.41% | 38.63% |
| 5 years (annualized) | 2.39% | 13.69% |
| 10 years (annualized) | N/A | 11.18% |
Monthly Returns
The table below presents the monthly returns of JSNIX, 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 | 0.52% | -0.15% | 0.53% | -0.23% | 0.87% | 0.53% | 1.30% | 0.86% | 0.95% | 4.26% | |||
| 2023 | 1.36% | -0.62% | 0.83% | 0.59% | -0.16% | -0.05% | 0.72% | 0.29% | -0.04% | -0.02% | 1.61% | 1.39% | 6.03% |
| 2022 | -0.77% | -0.59% | -0.98% | -0.78% | -0.25% | -1.84% | 1.70% | -0.44% | -1.83% | 0.23% | 1.36% | 0.27% | -3.91% |
| 2021 | 0.25% | 0.11% | -0.06% | 0.34% | 0.25% | 0.13% | 0.24% | 0.14% | 0.03% | -0.26% | -0.27% | 0.31% | 1.20% |
| 2020 | 0.76% | 0.42% | -3.64% | 1.71% | 1.26% | 0.94% | 0.96% | 0.44% | 0.03% | 0.24% | 0.63% | 0.45% | 4.16% |
| 2019 | -0.07% | 0.48% | 0.21% | 0.29% | 0.14% | 0.32% | 1.37% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of JSNIX is 92, placing it in the top 8% 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 JHancock Short Duration Bond Fund (JSNIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
JHancock Short Duration Bond Fund provided a 4.52% dividend yield over the last twelve months, with an annual payout of $0.42 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|
| Dividend | $0.42 | $0.43 | $0.33 | $0.29 | $0.30 | $0.16 |
Dividend yield | 4.52% | 4.60% | 3.61% | 2.92% | 2.94% | 1.56% |
Monthly Dividends
The table displays the monthly dividend distributions for JHancock Short Duration Bond 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 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.00 | $0.35 | ||
| 2023 | $0.03 | $0.03 | $0.04 | $0.03 | $0.03 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.43 |
| 2022 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.33 |
| 2021 | $0.03 | $0.02 | $0.02 | $0.02 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.29 |
| 2020 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.04 | $0.30 |
| 2019 | $0.01 | $0.03 | $0.03 | $0.03 | $0.02 | $0.03 | $0.16 |
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 JHancock Short Duration Bond 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 JHancock Short Duration Bond Fund was 7.24%, occurring on Mar 23, 2020. Recovery took 72 trading sessions.
The current JHancock Short Duration Bond Fund drawdown is 0.95%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -7.24% | Mar 5, 2020 | 13 | Mar 23, 2020 | 72 | Jul 6, 2020 | 85 |
| -6.29% | Oct 6, 2021 | 263 | Oct 20, 2022 | 279 | Nov 30, 2023 | 542 |
| -0.95% | Oct 3, 2024 | 20 | Oct 30, 2024 | — | — | — |
| -0.75% | Feb 2, 2024 | 8 | Feb 13, 2024 | 17 | Mar 8, 2024 | 25 |
| -0.65% | Apr 5, 2024 | 8 | Apr 16, 2024 | 12 | May 2, 2024 | 20 |
Volatility
Volatility Chart
The current JHancock Short Duration Bond Fund volatility is 0.45%, 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.