John Hancock Bond Fund Class I

Frequently Asked Questions About JHBIX

What does JHBIX invest in?

This fund primarily allocates at least 80% of its net assets, including any borrowed capital for investment purposes, to a diverse portfolio of bonds. The management team anticipates that a minimum of 75% of the fund's net assets will comprise investment-grade debt instruments, cash, or readily convertible cash equivalents. The fund restricts its exposure to securities denominated in foreign currencies to a maximum of 10% of its total assets. Furthermore, under standard market circumstances, the advisor expects not to commit more than 25% of the total assets to foreign securities priced in U.S. dollars, excluding those originating from Canada.

What is the expense ratio of JHBIX?

John Hancock Bond Fund Class I (JHBIX) charges an expense ratio of 0.46%. This is the annual fee deducted from fund assets to cover management and operations.

What is JHBIX's dividend yield?

JHBIX's trailing-twelve-month yield is 4.88%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of JHBIX?

Effective duration measures JHBIX's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. JHBIX's current duration is published on the fund's factsheet on the issuer's website.

What is the credit quality of JHBIX?

JHBIX's credit quality breakdown (the share of holdings rated AAA through CCC and below) is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.

What is the yield to maturity of JHBIX?

Yield to maturity (YTM) is the total return you'd earn from JHBIX if every bond in the portfolio is held to maturity at the current price. JHBIX's YTM is published on the fund's factsheet on the issuer's website. It differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.