John Hancock Income Fund Class R6 is an open-end mutual fund that primarily seeks to deliver a high level of current income for investors through a diversified, multi-sector fixed income approach. This fund invests across a broad range of debt securities, including foreign government and corporate bonds, U.S. government and agency debt, high-yield domestic bonds, and preferred securities, with exposure to both developed and emerging markets. With a substantial asset base and a low net expense ratio for its class, it is designed to meet the needs of institutional investors, as indicated by its high minimum investment requirement. The fund’s objective is to generate consistent monthly income, distributing dividends on a regular basis, while employing an actively managed strategy to navigate multiple sectors and credit qualities within the global bond market. By tapping into varied segments of the fixed income universe, John Hancock Income Fund Class R6 plays a significant role in supporting portfolio income and diversification for large-scale investors seeking to reduce single-sector risk and benefit from dynamic asset allocation within bonds.
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