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JINTX

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--%
1d
1w
1m

Analysis and statistics

  • Open
    34.6335$
  • Previous Close
    34.6335$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

JINTX represents the John Hancock Income Fund, a closed-end fund managed by John Hancock Investment Management. The fund's investment objective is to provide a high level of current income, with a secondary objective of capital appreciation. It invests primarily in a diversified portfolio of U.S. and foreign corporate bonds, government securities, and mortgage-backed securities, utilizing leverage to potentially enhance returns. The fund distributes income on a monthly basis and trades on the New York Stock Exchange.
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Factors

Market Interest Rates: Rising interest rates generally decrease bond prices, as newly issued bonds offer higher yields, making older bonds less attractive.

Credit Risk: Changes in the creditworthiness of the bond issuers held within the fund. Downgrades can lead to lower prices.

Inflation Expectations: Higher inflation erodes the real value of fixed income, thus depressing bond prices.

Economic Growth: Stronger economic growth often leads to higher interest rates, negatively affecting bond prices.

Fund Flows: Large outflows force the fund to sell holdings, potentially driving down prices, especially in less liquid markets.

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