JHancock2 Floating Rate Income I
John Hancock Investment Management Svcs, 601 Congress Street, Boston MA 02210-2805, U
Phone: 888-972-8696
| Category: | Bank Loan | | Fund Family: | John Hancock | | Net Assets: | 28.55M | | Year-to-Date Return: | 27.14% | | Yield: | 6.99% | | Morningstar Rating: | N/A | | Fund Inception Date: | 31-Dec-07 |
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Kenneth S. Leech
Lead Manager since
31-Dec-07 | | | Leech transitioned into a CIO Emeritus role in September 2008 and joined Western Asset as Chief Investment Officer in 1990. Prior to joining Western in 1990, he was a portfolio manager with Greenwich Capital Markets from 1988 to 1990; the First Boston Corporation from 1980 to 1988; and the National Bank of Detroit from 1977 to 1980.He has over 32 years of investment experience. |
| Min Initial Investment: | $250,000 | | Min Initial Investment, IRA: | NaN | | Min Initial Investment, AIP: | NaN | | Min Subsequent Investment: | NaN | | Min Subsequent Investment, IRA: | N/A | | Min Subsequent Investment, AIP: | N/A |
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| The investment seeks a high level of current income. The fund normally invests at least 80% of net assets in floating-rate loans, which often include debt securities of domestic and foreign issuers that are rated below investment-grade at the time of purchase, or are of comparable quality, as determined by the subadviser, and other floating rate securities. It may invest in fixed-rate loans and domestic and foreign issuer loans and loan participations. The fund may also acquire bonds, warrants and other equity interests. It is nondiversified. |
| Last Dividend
(30-Jun-09):
| 0.04 | | Last Cap Gain
(16-Dec-08):
| 0.00 | | Annual Holdings Turnover
| 11.00% | | Average for Category:
| 40.75% |
|
| Expense | JFIIX | Category
Avg | | Total Expense Ratio: | 0.85%
| 1.38% | | Max 12b1 Fee: | %
| N/A | | Max Front End Sales Load: | %
| 3.10% | | Max Deferred Sales Load: | %
| 2.13% | | 3 Yr Expense Projection*: |
$1,355 | $602 | | 5 Yr Expense Projection*: |
$2,269 | $954 | | 10 Yr Expense Projection*: |
$4,598 | $1,948 |
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0.02 (0.21%)
