John Hancock Strategic Income Opportunities Fund Q1 2026 Commentary
John Hancock Investment Management·2026-06-12·via All Articles on Seeking Alpha
Summary
John Hancock Strategic Income Opportunities Fund underperformed its benchmark, the Bloomberg U.S. Aggregate Bond Index, due primarily to foreign currency positioning.
The fund's sector weightings remained fairly stable in the first quarter, with only minor changes.
U.S. bonds produced mixed results in a volatile first quarter.
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Highlights
Mixed economic data and inflationary concerns sparked by an escalating conflict in the Middle East resulted in relatively flat returns for U.S. bonds in the first quarter.
Asset-backed securities and residential mortgage-backed