Browse the world's most comprehensive database of hedge fund investor letters, sorted by recent quarter. Access primary source research from leading institutional managers.
Browse the world's most comprehensive archive of hedge fund manager letters. Access primary source research from leading institutional managers, sorted by reporting period.
Underperforming its benchmark. Due to tight credit spreads, sticky inflation, and stress in private credit, the fund is positioned defensively with short duration and a large Treasury cushion.
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Underperforming its benchmark. Due to tight credit spreads, sticky inflation, and stress in private credit, the fund is positioned defensively with short duration and a large Treasury cushion.
The John Hancock Bond Fund slightly underperformed its benchmark in Q4 2025 but outperformed for the full year, actively shifting risk out of corporate bonds with tight valuations and into higher-yielding securitized credit segments.
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The John Hancock Bond Fund slightly underperformed its benchmark in Q4 2025 but outperformed for the full year, actively shifting risk out of corporate bonds with tight valuations and into higher-yielding securitized credit segments.