John Hancock Investment Grade Bond Fund (TAUSX)
Under normal market conditions, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in investment-grade bonds (securities rated from AAA to BBB). These may include, but are not limited to, corporate bonds and debentures, mortgage-backed and asset-backed securities, U.S. government and agency securities, and U.S. dollar-denominated securities of foreign governments and corporations.
Fund Info
| ISIN | US41014P1021 |
|---|---|
| CUSIP | 41014P102 |
| Issuer | John Hancock |
| Inception Date | Dec 31, 1991 |
| Category | Intermediate Core Bond |
| Min. Investment | $1,000 |
| Asset Class | Bond |
Expense Ratio
TAUSX features an expense ratio of 0.74%, falling within the medium range.
Share Price Chart
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Compare to other instruments
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Popular comparisons: TAUSX vs. BFFAX, TAUSX vs. BFMCX
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in John Hancock Investment Grade 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
John Hancock Investment Grade Bond Fund had a return of 5.42% year-to-date (YTD) and 10.94% in the last 12 months. Over the past 10 years, John Hancock Investment Grade Bond Fund had an annualized return of 1.88%, while the S&P 500 had an annualized return of 10.85%, indicating that John Hancock Investment Grade Bond Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 5.42% | 17.79% |
| 1 month | 2.16% | 0.18% |
| 6 months | 6.96% | 7.53% |
| 1 year | 10.94% | 26.42% |
| 5 years (annualized) | 0.61% | 13.48% |
| 10 years (annualized) | 1.88% | 10.85% |
Monthly Returns
The table below presents the monthly returns of TAUSX, 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 | -0.02% | -1.42% | 0.99% | -2.56% | 1.70% | 1.00% | 2.45% | 1.41% | 5.42% | ||||
| 2023 | 3.62% | -2.20% | 1.95% | 0.50% | -1.02% | -0.24% | -0.02% | -0.68% | -2.70% | -1.97% | 4.84% | 3.94% | 5.82% |
| 2022 | -2.07% | -1.33% | -2.98% | -3.78% | -0.01% | -1.95% | 2.46% | -2.48% | -4.56% | -1.65% | 3.71% | -0.38% | -14.31% |
| 2021 | -0.46% | -1.36% | -1.29% | 0.91% | 0.26% | 0.90% | 1.08% | -0.20% | -0.84% | -0.21% | 0.16% | -0.23% | -1.32% |
| 2020 | 2.08% | 1.49% | -2.79% | 2.46% | 0.93% | 1.37% | 1.71% | -0.53% | 0.00% | -0.45% | 1.44% | 0.40% | 8.29% |
| 2019 | 1.13% | 0.14% | 1.91% | 0.04% | 1.68% | 1.18% | 0.22% | 2.57% | -0.53% | 0.21% | -0.17% | 0.02% | 8.70% |
| 2018 | -1.02% | -0.84% | 0.43% | -0.64% | 0.53% | 0.04% | 0.14% | 0.53% | -0.55% | -0.85% | 0.44% | 1.45% | -0.37% |
| 2017 | 0.42% | 0.81% | -0.14% | 0.81% | 0.70% | 0.12% | 0.31% | 0.89% | -0.45% | 0.02% | -0.08% | 0.41% | 3.89% |
| 2016 | 0.89% | 0.31% | 1.08% | 0.78% | 0.02% | 1.64% | 0.87% | -0.07% | 0.02% | -0.63% | -2.24% | 0.18% | 2.83% |
| 2015 | 2.11% | -0.90% | 0.50% | -0.34% | -0.23% | -1.10% | 0.70% | -0.35% | 0.51% | 0.03% | -0.15% | -0.57% | 0.15% |
| 2014 | 1.53% | 0.66% | -0.11% | 0.94% | 1.11% | 0.26% | -0.22% | 1.01% | -0.53% | 0.70% | 0.60% | 0.13% | 6.24% |
| 2013 | -0.10% | 0.66% | 0.19% | 1.11% | -1.58% | -2.35% | 0.28% | -0.76% | 1.26% | 1.14% | -0.20% | -0.57% | -1.00% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of TAUSX is 34, 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 Investment Grade Bond Fund (TAUSX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
John Hancock Investment Grade Bond Fund granted a 3.70% dividend yield in the last twelve months. The annual payout for that period amounted to $0.35 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.35 | $0.33 | $0.27 | $0.26 | $0.38 | $0.30 | $0.29 | $0.28 | $0.28 | $0.30 | $0.35 | $0.43 |
Dividend yield | 3.70% | 3.59% | 2.97% | 2.42% | 3.38% | 2.82% | 2.84% | 2.66% | 2.74% | 2.88% | 3.26% | 4.19% |
Monthly Dividends
The table displays the monthly dividend distributions for John Hancock Investment Grade 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 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.00 | $0.23 | |||
| 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 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.04 | $0.27 |
| 2021 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.06 | $0.26 |
| 2020 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.14 | $0.38 |
| 2019 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.04 | $0.30 |
| 2018 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.29 |
| 2017 | $0.02 | $0.02 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.28 |
| 2016 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.04 | $0.28 |
| 2015 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.04 | $0.30 |
| 2014 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.02 | $0.02 | $0.02 | $0.05 | $0.35 |
| 2013 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.11 | $0.43 |
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 Investment Grade 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 John Hancock Investment Grade Bond Fund was 19.54%, occurring on Oct 24, 2022. The portfolio has not yet recovered.
The current John Hancock Investment Grade Bond Fund drawdown is 5.86%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -19.54% | Aug 5, 2021 | 308 | Oct 24, 2022 | — | — | — |
| -11.87% | Jan 24, 2008 | 212 | Nov 24, 2008 | 156 | Jul 10, 2009 | 368 |
| -8.77% | Mar 9, 2020 | 9 | Mar 19, 2020 | 57 | Jun 10, 2020 | 66 |
| -5.37% | May 3, 2013 | 87 | Sep 5, 2013 | 164 | May 1, 2014 | 251 |
| -5.29% | Jun 16, 2003 | 42 | Aug 14, 2003 | 134 | Feb 26, 2004 | 176 |
Volatility
Volatility Chart
The current John Hancock Investment Grade Bond Fund volatility is 0.99%, 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.