Fund Evaluator:
JHancock Opportunistic Fixed Inc 1 (JIGDX)
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Best Performing in Global Bond Over the Last Year
| 6.3% | Destinations Global Fixed Income Opps Z (DGFZX) |
| 4.5% | Invesco International Bond Y (OIBYX) |
| 3.6% | Amana Participation Investor (AMAPX) |
| 3.0% | Nomura Global Bond Fund Class Y (IVSYX) |
| 2.7% | Invesco Global Strategic Income Y (OSIYX) |
Fund Details
JHancock Opportunistic Fixed Inc 1 Overview
JHancock Opportunistic Fixed Inc 1 (JIGDX) is an actively managed Taxable Bond Global Bond fund. John Hancock launched the fund in 2005.
The investment seeks maximum total return, consistent with preservation of capital and prudent investment management. The fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in fixed-income instruments. Fixed income instruments include, but are not limited to the following securities, which may be denominated in U.S. dollars or foreign currencies: sovereign debt, inflation-linked bonds, corporate and high yield credit (also known as "junk bonds"), securitized debt, bank loans and floating rate loans and emerging markets debt, convertible and hybrid securities.
About JHancock Opportunistic Fixed Inc 1 (JIGDX)
There are 3 members of the management team with an average tenure of 4.38 years: Brian Garvey (2020), Brij Khurana (2020), Rakesh Yeredla (2026). Management tenure is more important for actively managed funds than passive index funds.
The fund has 2 primary benchmarks: Bloomberg Global Aggregate TR Hdg USD index with a weighting of 100% and Bloomberg Global Aggregate TR USD index with a weighting of 100%. JHancock Opportunistic Fixed Inc 1 has 1063 securities in its portfolio. The top 10 holdings constitute 42.1% of the fund’s assets. The fund meets the SEC requirement of being classified as a diversified fund. The fund is not considered to have an ESG focus with its investment selection and management.
JHancock Opportunistic Fixed Inc 1 is part of the Fixed Income global asset class and is within the Taxable Bond fund group. JHancock Opportunistic Fixed Inc 1 has 58.5% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is -0.7%. There is 0.0% allocated to foreign stock, and 2.9% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 86.2% (27.7% domestic bond, 58.5% foreign bond and 8.8% convertible bond). JHancock Opportunistic Fixed Inc 1 has 3.0% of the portfolio in cash.
Assets Under Management
The fund has $59 million in total assets, which is below the $419 million average for the Global Bond category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
JIGDX Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The JHancock Opportunistic Fixed Inc 1 expense ratio is high compared to funds in the Global Bond category. JHancock Opportunistic Fixed Inc 1 has an expense ratio of 0.86%, which is 11% lower than its category average, making the fund expense ratio grade a C. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. JHancock Opportunistic Fixed Inc 1 has a portfolio turnover rate of 145%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 158% for the Global Bond category.
Recently, in the month of June 2026, JHancock Opportunistic Fixed Inc 1 returned 0.7%, which earned it a grade of A, as the Global Bond category had an average return of -0.4%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.
JHancock Opportunistic Fixed Inc 1 has a trailing yield of 3.86%, which is below the 4.15% category average. The fund normally distributes its income quarterly and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
JHancock Opportunistic Fixed Inc 1 Grades
Year to date, the fund has returned 1.8%, 1.7 percentage points better than the category, which translates into a grade of A. The fund has returned 4.8% over the past year (grade of A), 5.2% over the past three years (grade of B) and 1.2% per year over the past five years (grade of B) and 2.4% per year over the past 10 years (grade of A).
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JIGDX Trailing NAV Total Returns Data as of 6/30/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| JIGDX Return (NAV) | 0.7% | 2.4% | 4.8% | 5.2% | 1.2% | 2.4% |
| JIGDX Grade | A | B | A | B | B | A |
| +/- Category | 1.1% | 0.6% | 3.1% | 0.8% | 1.8% | 1.3% |
| Global Bond Avg | -0.4% | 1.7% | 1.7% | 4.3% | -0.6% | 1.1% |
| JIGDX Tax Cost Ratio | na | na | 1.6% | 1.2% | 1.3% | 1.2% |
JIGDX Annual NAV Total ReturnsData as of 6/30/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| JIGDX Return (NAV) | 1.8% | 9.2% | 0.4% | 8.1% | -10.8% | -1.9% | 11.7% | 6.8% | -1.7% | 8.5% | 3.5% |
| JIGDX Grade | A | C | B | B | B | B | A | D | B | C | C |
| +/- Category | 1.7% | -0.2% | 1.4% | 1.6% | 3.1% | 2.6% | 3.8% | -0.5% | 0.4% | 0.7% | -0.2% |
| Global Bond Avg | 0.1% | 9.5% | -1.0% | 6.5% | -13.9% | -4.5% | 7.8% | 7.2% | -2.1% | 7.9% | 3.6% |
| Risk Measures | |
| Standard Deviation: | 5.3% |
| Total Risk Index: | 0.44 - Low |
| Category Risk Index: | 0.77 - Below Average |
| Category Risk Grade: | B (25% Rank) |
| Beta: | 0.92 |
| R-Squared: | 92% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | Small-Cap Value |
| Bond Investment Style: | na Extensive Sensitivity |
| Yield: | 3.9% |
| Dividend Distribution: | Quarterly |
| Cap Gains Distribution: | Annually |
| Total Assets: | $142 Mil |
| Fund Total Assets: | $ 59 Mil |
| Share Class Type: | Other |
| Portfolio Turnover: | 145% |
Management Team
| Number of Managers: 3 | |||
| Longest Tenure: 6.3 years | |||
| Average Tenure: 4.4 years | |||
| Managers (Year): Garvey Brian (2020), Khurana Brij (2020), Yeredla Rakesh (2026) | |||
Portfolio Composition (as of 4/30/26)
| # of Holdings: | 1063 |
| % in Top 10 Holdings: | 42.1% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 58.5% |
Portfolio Allocation |
|
| Domestic Stock: | -0.7% |
| Foreign Stock: | 0.0% |
| Preferred Stock: | 2.9% |
| Domestic Bond: | 27.7% |
| Foreign Bond: | 58.5% |
| Convertible Bond: | 8.8% |
| Other: | -0.3% |
| Cash: | 3.0% |
Purchase Information
| Fund Family: | John Hancock |
| Phone Number: | 800-344-1029 |
| Website: | www.jhfunds.com |
| Status: | Open |
| Inception Date: | October 14, 2005 |
| Min. Initial Purchase: | $ 0 |
| Min. Initial IRA Purchase: | $ 0 |
| True No-Load: | Yes |
| Front Load Maximum: | 0.00% |
| Deferred Charge Maximum: | 0.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | 0.05% |
Expenses and Fees | |
| Expense Ratio (%): | 0.86% ( Rating : High ) |
| Category Average Expense Ratio (%): | 0.96% |
| Share Class: | JHancock Opportunistic Fixed Inc 1 |
| Min. Subsequent Purchase: | $ 0 |
| Min. Subsequent IRA Purchase: | $ 0 |
