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Morningstar

JHancock Floating Rate Income A JFIAX

Morningstar Medalist Rating
Medalist Rating as of | See John Hancock Investment Hub
  • NAV / 1-Day Return 7.62  /  0.02 %
  • Total Assets 941.8 Mil
  • Adj. Expense Ratio
    1.020%
  • Expense Ratio 1.020%
  • Distribution Fee Level Above Average
  • Share Class Type Front Load
  • Category Bank Loan
  • Credit Quality / Interest Rate Sensitivity Low / Limited
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 9.58%
  • Effective Duration 0.15 years

USD | NAV as of Dec 06, 2023 | 1-Day Return as of Dec 06, 2023, 11:11 PM GMT+0

Morningstar’s Analysis JFIAX

Will JFIAX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Process Pillar

The Process Pillar is our assessment of how sensible, clearly defined, and repeatable JFIAX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the JFIAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

Parent Pillar

The Parent Pillar is our rating of JFIAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

The combination of an Average People Pillar rating and a Below Average Process Pillar rating limit JHancock Floating Rate Income A to a Morningstar Medalist Rating of Negative.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-highest quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings JFIAX

More JFIAX Holdings
  • Current Portfolio Date
  • Equity Holdings 5
  • Bond Holdings 363
  • Other Holdings 14
  • % Assets in Top 10 Holdings 8.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
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SPDR Blackstone Senior Loan ETF

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AIMBRIDGE ACQUISITION CO INC 2019 TERM LOAN B

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PERATON CORP TERM LOAN B

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COMET BIDCO LTD INSTITUTIONAL TERM LOAN

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NATIONAL MENTOR HOLDINGS INC 2021 TERM LOAN

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WILSONART LLC 2021 TERM LOAN E

0.61
6,293,540
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