Floating Rate Income Financials

We urge to utilize Floating Rate Income fundamental analysis to find out if markets are presently mispricing the fund. Put another way you can exercise it to find out if Floating Rate Income is indeed mispriced or if you can make any profits on it by purchasing it and then waiting for the market to recognize its mistake and reprise the security. We have analyzed thirteen available fundamental indicators for Floating Rate Income, which can be compared to its peers.
  
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 Nuveen Real, Great-west Real, Franklin Real, Dunham Real, and Columbia Real. 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.
InstrumentUSA Mutual Fund View All
ExchangeNMFQS Exchange
ISINUS47804A7265
Business AddressJohn Hancock Funds
Mutual Fund FamilyJohn Hancock
Mutual Fund CategoryBank Loan
BenchmarkDow Jones Industrial
Phone800 225 5291
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 one year return among similar funds. It also is currently considered the top fund in three year return among similar funds . 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 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 3.14 Billion. Floating Rate totals roughly 770.4 Million in net asset claiming about 25% of funds in Bank Loan category.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.

Other Consideration for investing in Floating Mutual Fund

If you are still planning to invest in Floating Rate Income check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Floating Rate's history and understand the potential risks before investing.
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