John Hancock Investment Grade Bond Fund Q4 2024 Commentary
2025-02-28 21:50:00 ET
Summary
- The John Hancock Investment Grade Bond Fund trailed the benchmark in the quarter but outperformed for the full year.
- The Bloomberg U.S. Aggregate Bond Index, the fund’s benchmark, returned – 3.06% in the fourth quarter after performing well over the first nine months of 2024.
- Yield curve positioning was the primary detractor from three-month results.
Average annual total returns 1,2 %
Qtd | Ytd | 1 yr | 3 yr | 5 yr | 10 yr | Life of fund | Life of fund date | |
Class I without sales charge | -3.15 | 1.83 | 1.83 | -2.49 | -0.09 | 1.54 | 4.46 | 1/1/92 |
Class A without sales charge | -3.21 | 1.58 | 1.58 | -2.73 | -0.34 | 1.29 | 4.25 | 1/1/92 |
Class A with sales charge (Maximum initial sales charge 4.00%) | -7.09 | -2.47 | -2.47 | -4.05 | -1.15 | 0.88 | 4.12 | 1/1/92 |
Bloomberg U.S. Aggregate Bond Index | -3.06 | 1.25 | 1.25 | -2.41 | -0.33 | 1.35 | 4.56 | — |
Intermediate core bond category | -2.88 | 1.72 | 1.72 | -2.39 | -0.31 | 1.25 | — | — |
Expense ratios 3 | Gross | Net (what you pay) | Contractual through | |||||
Class I | 0.57% | 0.49% | 7/31/2026 | |||||
Class A | 0.82% | 0.75% | 7/31/2026 |
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John Hancock Investment Grade Bond Fund Q4 2024 Commentary
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