JHI - John Hancock Investors Trust: 8% Distribution Yield And Modest Credit Risk But Easy To Overlook
- JHI is easy to miss, billing itself as an investment grade bond fund on CEF Connect when it really isn't.
- Fortunately, it also doesn't have the super-low yield of a typical investment grade bond fund.
- So it's a nice combination: high-yield bond fund that has a lot of investment grade and near-investment grade assets.
- And earns an income stream that justifies a high yield bond fund distribution of 8%.
- I bought some for my personal portfolio, and am considering it for our Inside the Income Factory model portfolios.
For further details see:
John Hancock Investors Trust: 8% Distribution Yield And Modest Credit Risk, But Easy To Overlook