- Sector
- Financial Services
- Industry
- Asset Management - Bonds
- Address
- John Hancock Funds Boston MA United States of America 02116
- IPO Date
- Aug 31, 2001
- Business
- John Hancock Bond Fund Class I (JHBIX) is an open-end mutual fund that seeks high current income consistent with a prudent level of risk by investing at least 80% of its net assets (plus any borrowings for investment purposes) in a diversified portfolio of bonds, including U.S. government and agency securities, corporate bonds and debentures, mortgage-backed securities, asset-backed securities, and other fixed-income instruments; the fund pursues opportunities primarily in the intermediate core-plus bond category with a focus on security selection and sector allocation across agency mortgage-backed (37.25%), corporate bonds (32.99%), government securities (18.79%), asset-backed (6.39%), and commercial mortgage-backed (1.60%) sectors. Top holdings typically include U.S. Treasury bonds and notes such as United States Treasury Bonds 4.75%, United States Treasury Notes 4.25%, and United States Treasury Notes 4%, representing approximately 12.62% of the portfolio; the fund maintains medium credit quality and moderate interest-rate sensitivity with an effective duration of around 6.29 years and a TTM yield of 4.23%. Managed by a team from Manulife Investment Management including Howard Greene (since 2002), Jeffrey Given (since 2006), Pranay Sonalkar (since 2021), Connor Minnaar (since 2022), and Spencer Godfrey (since 2025), the fund targets institutional investors with a minimum initial investment of $250,000 and operates with a net expense ratio of 0.47%.
Launched on September 4, 2001, as part of John Hancock Investment Trust and celebrating its 50-year anniversary for the broader Bond Fund strategy in 2023, JHBIX is advised by John Hancock Investment Management LLC, a division of Manulife John Hancock Investments with headquarters in Boston, Massachusetts. The fund, with total net assets of approximately $26.47 billion (share class at $6.77 billion), is available to U.S. investors through various platforms and focuses on domestic fixed-income markets while including minor non-U.S. bond exposure (6.97%).
In recent developments, John Hancock Investment Management marked the fund's long-term performance milestone in December 2023, noting its outperformance of the Morningstar intermediate core-plus bond category average 95% of the time over rolling 5-year periods under current management. On October 21, 2024, the related John Hancock fund complex acquired assets from the Boston Partners Global Long/Short Fund, enhancing its lineup through strategic reorganizations. In April 2025, John Hancock Investment Management rebranded to Manulife John Hancock Investments to reflect deeper integration with Manulife's global wealth and asset management platform, encompassing $875 billion in assets under management across mutual funds, ETFs, SMAs, and CITs; this followed ETF launches including the High Yield ETF in May 2024 and Disciplined Value ETF in August 2025, expanding the suite to 17 funds with over $7.5 billion in assets.