John Hancock Funds II Equity Income Fund Class NAV (0P000039X7)

Overview

This fund is designed for investors seeking income through investments in equity and fixed-income securities. Focusing on well-established companies that pay above-average dividends, the fund aims to maintain a significant portion of its portfolio in common stocks. It adopts a flexible investment strategy, enabling it to invest in a wide range of fixed-income securities, including those without a high credit rating and even in private notes or loans. The objective is to provide a balanced mix of income and growth potential, catering to investors who are willing to accept some level of risk for the possibility of higher returns.

Products and Services

• Equity Securities Investment

The fund commits a minimum of 80% of its net assets to equity securities, focusing predominantly on common stocks of well-established companies known for paying above-average dividends. This strategy is tailored to those seeking steady income from their investments, along with the potential for capital growth.

• Fixed-Income Securities Investment

Without being restricted by the quality or rating of fixed-income securities, the fund has the freedom to invest in a diverse range of debt instruments. This includes everything from privately negotiated notes or loans to bank loans (via participations and assignments), providing a higher yield opportunity in return for a higher risk.

• Investment in Below-Investment-Grade Securities

Up to 10% of the fund's assets may be invested in below-investment-grade fixed-income securities, also known as junk bonds. This option offers investors the chance to achieve higher yields in exchange for taking on greater risk, diversifying the fund's income sources and potentially enhancing overall returns.