JIHDX — High Yield Fund
Data updated: 2025-01-28
JIHDX — High Yield Fund. Intermediate Corporate Bond · $199.62M AUM · 0.85% expense ratio · 14.2% 1-yr return. Holdings, fees, performance and SEC filings.
JIHDX Fund Overview
JIHDX — High Yield 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: $199.62M
- 1-year return: 14.2%
- Ticker: JIHDX
- SEC CIK: 0001331971
- SEC series ID: S000003320
- Share class ID: C000008949
JIHDX Investment Objective and Strategy
High Yield Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by John Hancock Funds II.
Investment objective
To realize an above-average total return over a market cycle of three to five years, consistent with reasonable risk.
Principal investment strategy
"Under normal market conditions, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) at the time of investment in high yield securities. The fund's investments may include corporate bonds, preferred stocks, U.S. government and foreign securities, mortgage-backed securities, loan assignments or participations and convertible securities which have the following ratings (or, if unrated, are considered by the manager to be of equivalent quality): Corporate Bonds, Preferred Stocks and Convertible Securities Moody's Investors Services, Inc. . . . . . . . . . . . . . . . . . . Ba through C Standard and Poor's Ratings Services. . . . . . . . . . . . . . BB through D Below-investment-grade securities are commonly referred to as ""junk bonds."" The fund may also invest in investment-grade securities.
As part of its investment strategy, the fund will generally invest without restrictions within these ratings category ranges, or in unrated securities considered to be of equivalent quality by the manager. The fund may invest in foreign bonds and other fixed-income securities denominated in foreign currencies, where, in the opinion of the manager, the combination of current yield and currency value offer attractive expected returns. Foreign securities in which the fund may invest include emerging market securities. The fund may invest up to 100% of its assets in foreign securities. The fund may also enter into various derivative transactions for both hedging and non-hedging purposes, including for purposes of enhancing returns. These derivative transactions include, but are not limited to, futures, options, swaps and forwards.
In particular, the fund may use interest rate swaps, credit default swaps (on individual securities and/or baskets of securities), futures contracts and/or mortgage-backed securities to a significant extent, although the amounts invested in these instruments may change from time to time. The fund may invest in fixed- and floating-rate loans, generally in the form of loan participations and assignments of such loans. The fund normally maintains an average portfolio duration of between three and seven years. However, the fund may invest in individual securities of any duration. Duration is an approximate measure of the sensitivity of the market value of a security to changes in interest rates."
JIHDX Holdings
Top 10 holdings of High Yield Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Jh Collateral | 3.17% |
| CCO Holdings LLC/CCO Holdings Capital Corp. | 1.65% |
| Viking Cruises Ltd | 0.80% |
| Venture Global LNG Inc. | 0.80% |
| First Quantum Minerals Ltd. | 0.79% |
| CCO Holdings LLC/CCO Holdings Capital Corp. | 0.77% |
| Permian Resources Operating LLC | 0.71% |
| PM General Purchaser LLC | 0.71% |
| DISH DBS Corporation | 0.71% |
| EchoStar Corporation | 0.70% |
JIHDX Portfolio Allocation
Asset-class allocation of High Yield Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 85.3% |
| Securitized | 6.1% |
| Loans | 5.4% |
| Cash & Equivalents | 3.8% |
| Equity | 0.3% |
JIHDX Performance
Total returns for JIHDX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 14.2% |
| 3 years (annualised) | 3.0% |
| 5 years (annualised) | 4.3% |
JIHDX Risk Information
Risk metrics for JIHDX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 4.3%
JIHDX Costs and Fees
JIHDX costs about $85 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.85%
- Gross expense ratio: 0.86%
- Portfolio turnover: 47%
- Brokerage commissions: 0.12 bps of average net assets (SEC N-CEN)
JIHDX Cashflows
Over the 12 months to 2024-11, High Yield Fund had net outflows of $5.27M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2024-11 | −$1.74M |
| 2024-10 | −$684.70K |
| 2024-09 | $784.62K |
| 2024-08 | −$964.43K |
| 2024-07 | −$2.78M |
| 2024-06 | $2.97M |
JIHDX Debt Constituents
Largest debt holdings of High Yield Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| CCO Holdings LLC/CCO Holdings Capital Corp. | 1.65% |
| Viking Cruises Ltd | 0.80% |
| Venture Global LNG Inc. | 0.80% |
| First Quantum Minerals Ltd. | 0.79% |
| CCO Holdings LLC/CCO Holdings Capital Corp. | 0.77% |
| Permian Resources Operating LLC | 0.71% |
| PM General Purchaser LLC | 0.71% |
| DISH DBS Corporation | 0.71% |
| EchoStar Corporation | 0.70% |
| CHS/Community Health Systems Inc. | 0.69% |
JIHDX Prospectus and SEC Filings
Official High Yield Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2024-12-20
- Prospectus (485BPOS) — filed 2023-12-21
- Prospectus (485BPOS) — filed 2022-12-23
- Portfolio holdings (N-PORT) — filed 2025-01-28
- Portfolio holdings (N-PORT) — filed 2024-10-29
- Portfolio holdings (N-PORT) — filed 2024-07-29
- 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.