Floating Rate Financials

JFIRX Fund  USD 7.61  0.00  0.00%   
You can utilize Floating Rate Income fundamental data analysis to find out if markets are presently mispricing the fund. We were able to interpolate data for fourteen available fundamental indicators for Floating Rate Income, which can be compared to its peers. The fund experiences a normal downward trend, but the immediate impact on correlations cannot be determined at the moment . Check odds of Floating Rate to be traded at $7.53 in 90 days.
  
Please note that you must use caution to infer results of funds future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.

Floating Rate Fund Summary

Floating Rate competes with Artisan High, Ab Bond, Enhanced Fixed, Rbc Ultra-short, and Barings Us. The fund will invest at least 80 percent of its net assets in floating-rate loans, which often include debt securities of domestic and foreign issuers that are rated below investment grade, at the time of purchase, or are of comparable quality, as determined by the manager, and other floating-rate securities. John Hancock is traded on NASDAQ Exchange in the United States.
Specialization
Bank Loan, Large
InstrumentUSA Mutual Fund View All
ExchangeNMFQS Exchange
ISINUS41015K6800
Business AddressJohn Hancock Funds
Mutual Fund FamilyJohn Hancock
Mutual Fund CategoryBank Loan
BenchmarkDow Jones Industrial
Phone888 972 8696
CurrencyUSD - US Dollar

Floating Rate Key Financial Ratios

Floating Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Floating Rate's current stock value. Our valuation model uses many indicators to compare Floating Rate value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Floating Rate competition to find correlations between indicators driving Floating Rate's intrinsic value. More Info.
Floating Rate Income is currently considered the top fund in annual yield among similar funds. It also is currently considered the top fund in year to date return among similar funds creating about  724.70  of Year To Date Return per Annual Yield. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Floating Rate's earnings, one of the primary drivers of an investment's value.

Floating Rate Income Systematic Risk

Floating Rate's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Floating Rate volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on Floating Rate Income correlated with the market. If Beta is less than 0 Floating Rate generally moves in the opposite direction as compared to the market. If Floating Rate Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Floating Rate Income is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Floating Rate is generally in the same direction as the market. If Beta > 1 Floating Rate moves generally in the same direction as, but more than the movement of the benchmark.
Floating Rate Income is currently considered the top fund in net asset among similar funds. Total Asset Under Management (AUM) of Bank Loan category is currently estimated at about 8.6 Billion. Floating Rate retains roughly 1.27 Billion in net asset claiming about 15% of funds in Bank Loan category.

Floating Rate July 21, 2025 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Floating Rate help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Floating Rate Income. We use our internally-developed statistical techniques to arrive at the intrinsic value of Floating Rate Income based on widely used predictive technical indicators. In general, we focus on analyzing Floating Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Floating Rate's daily price indicators and compare them against related drivers.

Other Information on Investing in Floating Mutual Fund

Floating Rate financial ratios help investors to determine whether Floating Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Floating with respect to the benefits of owning Floating Rate security.
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