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Key Stats

Net Expense Ratio Discount or Premium to NAV Total Assets Under Management 30-Day Average Daily Volume
5.28% -9.44% 126.01M 20305.87
Dividend Yield Turnover Ratio 1 Year Fund Level Flows Max Drawdown (Since Inception)
6.76% 45.00% -- Upgrade

Basic Info

Investment Strategy
The Fund’s primary investment objective is to generate income for distribution to its shareholders, with capital appreciation as a secondary objective. The preponderance of the Fund’s assets are invested in a diversified portfolio of debt securities issued by U.S. and non-U.S. corporations and governments, some of which may carry equity features. The Fund emphasizes corporate debt securities which pay interest on a fixed or contingent basis and which may possess certain equity features, such as conversion or exchange rights, warrants for the acquisition of the stock of the same or different issuers, or participations based on revenues, sales or profits.
General
Security Type Closed-End Fund
Equity Style --
Fixed Income Style --
Broad Asset Class Taxable Bond
Broad Category Fixed Income
Category Name Multisector Bond
Category Index Bloomberg US Universal TR USD
Global Category Name US Fixed Income
YCharts Categorization US Fixed Income
YCharts Benchmark Bloomberg US Aggregate (^BBUSATR)
Prospectus Objective Corporate Bond - General
Fund Owner Firm Name John Hancock
Prospectus Benchmark Index
Bloomberg US Govt/Credit TR USD 100.0%
Broad Asset Class Benchmark Index
^BBUSATR 100.0%
Manager Tenure
Caryn Rothman 2.01 yrs
James Gearhart 1.76 yrs
Jonas Grazulis 1.76 yrs

Performance Versus Category

 
20%
15%
10%
5%
0
View Category Returns. Upgrade now.
Name
1M
3M
YTD
1Y
3Y
5Y
10Y
15Y
Total Return (Price)
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Total Return (NAV)
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Category Rtn. (NAV)
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% Rank in Cat (NAV)
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As of April 25, 2024. Returns for periods of 1 year and above are annualized.

Annual Total Returns Versus Peers

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Name
2017
2018
2019
2020
2021
2022
2023
YTD
13.72%
-13.04%
35.16%
5.86%
21.16%
-29.54%
10.64%
2.43%
3.54%
0.01%
8.72%
7.51%
-1.54%
-13.01%
5.53%
-3.44%
10.82%
-7.60%
16.47%
-1.66%
17.10%
-14.86%
11.87%
2.82%
21.28%
2.10%
19.63%
7.09%
4.66%
-17.87%
17.34%
1.46%
17.01%
-1.02%
4.25%
-5.36%
11.01%
-17.85%
14.84%
6.22%
26.48%
-4.44%
23.01%
3.06%
8.62%
-18.99%
12.57%
9.61%
As of April 25, 2024.

Asset Allocation

As of February 29, 2024.
Type % Net % Long % Short
Cash 10.26% Upgrade Upgrade
Stock 0.09% Upgrade Upgrade
Bond 81.60% Upgrade Upgrade
Convertible 1.21% Upgrade Upgrade
Preferred 6.42% Upgrade Upgrade
Other 0.41% Upgrade Upgrade

Basic Info

Investment Strategy
The Fund’s primary investment objective is to generate income for distribution to its shareholders, with capital appreciation as a secondary objective. The preponderance of the Fund’s assets are invested in a diversified portfolio of debt securities issued by U.S. and non-U.S. corporations and governments, some of which may carry equity features. The Fund emphasizes corporate debt securities which pay interest on a fixed or contingent basis and which may possess certain equity features, such as conversion or exchange rights, warrants for the acquisition of the stock of the same or different issuers, or participations based on revenues, sales or profits.
General
Security Type Closed-End Fund
Equity Style --
Fixed Income Style --
Broad Asset Class Taxable Bond
Broad Category Fixed Income
Category Name Multisector Bond
Category Index Bloomberg US Universal TR USD
Global Category Name US Fixed Income
YCharts Categorization US Fixed Income
YCharts Benchmark Bloomberg US Aggregate (^BBUSATR)
Prospectus Objective Corporate Bond - General
Fund Owner Firm Name John Hancock
Prospectus Benchmark Index
Bloomberg US Govt/Credit TR USD 100.0%
Broad Asset Class Benchmark Index
^BBUSATR 100.0%
Manager Tenure
Caryn Rothman 2.01 yrs
James Gearhart 1.76 yrs
Jonas Grazulis 1.76 yrs

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