JFIBX — Floating Rate Income Fund
Data updated: 2026-07-27
JFIBX — Floating Rate Income Fund. Intermediate Corporate Bond · $877.42M AUM · 1.76% expense ratio. Holdings, fees, performance and SEC filings.
JFIBX Fund Overview
JFIBX — Floating Rate Income Fund is a US mutual fund managed by John Hancock Funds II, categorised as Intermediate Corporate Bond. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: John Hancock Funds II
- Category: Intermediate Corporate Bond
- Assets under management: $877.42M
- 1-year return: -0.6%
- Ticker: JFIBX
- SEC CIK: 0001331971
- SEC series ID: S000020234
- Share class ID: C000056648
JFIBX Investment Objective and Strategy
Floating Rate Income Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by John Hancock Funds II.
Investment objective
To seek a high level of current income.
Principal investment strategy
Under normal market conditions, the fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in floating-rate loans, which often include debt securities of domestic and foreign issuers that are rated below investment grade (rated below Baa by a nationally recognized statistical rating organization such as Moody's Investors Service, Inc. or BBB by Standard and Poor's Ratings Services), at the time of purchase, or are of comparable quality, as determined by the manager, and other floating-rate securities. Bonds that are rated at or below BB by Standard and Poor's Ratings Services or Ba by Moody's Investors Service, Inc. are considered junk bonds. The fund may invest in domestic and foreign loans and loan participations that pay interest at rates that float or reset periodically at a margin above a generally recognized base lending rate such as the Prime Rate, the London InterBank Offered Rate (LIBOR), or another generally recognized base lending rate.
Loans and debt instruments rated below investment grade are considered speculative. The fund may invest in loans of companies whose financial conditions are troubled or uncertain and that may be involved in bankruptcy proceedings, reorganizations, or financial restructurings. Some loans may be illiquid. The fund may also acquire and hold warrants and other equity interests. The fund may invest in loans, loan participations, and other securities of any maturity and duration. The fund may also invest in loans of any aggregate principal amount, which will vary from time to time. For purposes of reducing risk and/or improving liquidity, the fund may invest in derivative instruments such as options (including options on securities indexes) and swaps (including credit default swaps). The fund may invest in any number of issuers and may, at times, invest its assets in a small number of issuers.
The fund's investment process may result in a higher-than-average portfolio turnover ratio.
JFIBX Holdings
Top 10 holdings of Floating Rate Income Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| State Street Bank and Trust Company | 3.08% |
| Invesco Senior Loan ETF Invesco Senior Loan ETF | 1.62% |
| Jh Collateral | 1.44% |
| Asurion LLC | 0.68% |
| Red Range Operating Inc. Class A1 | 0.60% |
| Crown Subsea Communications Holding Inc. | 0.58% |
| Acrisure LLC | 0.57% |
| Atlas Senior Loan Fund X Ltd. Atclo 2018 10a D 144a | 0.56% |
| Arcline FM Holdings LLC | 0.56% |
| Osaic Holdings Inc. | 0.55% |
JFIBX Portfolio Allocation
Asset-class allocation of Floating Rate Income Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Loans | 83.3% |
| Securitized | 6.3% |
| Fixed Income | 5.6% |
| Cash & Equivalents | 4.5% |
| Equity | 2.8% |
JFIBX Performance
Total returns for JFIBX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | -0.6% |
JFIBX Risk Information
Risk metrics for JFIBX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 15.3%
JFIBX Costs and Fees
JFIBX costs about $176 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.76%
- Gross expense ratio: 1.91%
- Portfolio turnover: 51%
- Brokerage commissions: 0.67 bps of average net assets (SEC N-CEN)
JFIBX Cashflows
Over the 12 months to 2026-05, Floating Rate Income Fund had net outflows of $73.45M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-05 | −$12.72M |
| 2026-04 | $6.78M |
| 2026-03 | −$31.67M |
| 2026-02 | −$432.57K |
| 2026-01 | −$16.54M |
| 2025-12 | −$3.33M |
JFIBX Debt Constituents
Largest debt holdings of Floating Rate Income Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| U.S. Acute Care Solutions LLC | 0.47% |
| National Mentor Holdings Inc. | 0.42% |
| United Group B.V. | 0.35% |
| TeamSystem S.P.A. | 0.33% |
| Global Auto Holdings Ltd/aag F Sr Unsecured 144a 01/32 8.75 | 0.29% |
| Sirius XM Radio LLC. | 0.27% |
| Apollo Commercial Real Estate Finance Inc. | 0.25% |
| Irca S.P.A. | 0.22% |
| Post Holdings Inc. | 0.20% |
| Rand Parent LLC | 0.19% |
JFIBX Prospectus and SEC Filings
Official Floating Rate Income Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus supplement (497) — filed 2026-03-26
- Prospectus supplement (497) — filed 2026-03-26
- Prospectus supplement (497) — filed 2026-03-26
- Portfolio holdings (N-PORT) — filed 2026-07-27
- Portfolio holdings (N-PORT) — filed 2026-04-28
- Portfolio holdings (N-PORT) — filed 2026-01-28
- Annual census (N-CEN) — filed 2024-11-13
- Annual census (N-CEN) — filed 2023-11-08
Related Funds
Other Intermediate Corporate Bond funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.