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Trending ETFs

Opportunistic Fixed Income Trust

mutual fund
JAEKX
Payout Change
Pending
Price as of:
$10.78 +0.01 +0.09%
primary theme
N/A
share class
Other (JAEHX) Other (JAEJX) Other (JAEKX)
JAEKX (Mutual Fund)

Opportunistic Fixed Income Trust

Payout Change
Pending
Price as of:
$10.78 +0.01 +0.09%
primary theme
N/A
share class
Other (JAEHX) Other (JAEJX) Other (JAEKX)
JAEKX (Mutual Fund)

Opportunistic Fixed Income Trust

Payout Change
Pending
Price as of:
$10.78 +0.01 +0.09%
primary theme
N/A
share class
Other (JAEHX) Other (JAEJX) Other (JAEKX)

Name

As of 12/06/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Opportunistic Fixed Income Trust

JAEKX | Fund

$10.78

$3.04 B

3.40%

$0.37

0.89%

Vitals

YTD Return

1.5%

1 yr return

4.4%

3 Yr Avg Return

N/A

5 Yr Avg Return

N/A

Net Assets

$3.04 B

Holdings in Top 10

28.3%

52 WEEK LOW AND HIGH

$10.8
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.89%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A

Min Investment

Standard (Taxable)

N/A

IRA

N/A

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 12/06/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Opportunistic Fixed Income Trust

JAEKX | Fund

$10.78

$3.04 B

3.40%

$0.37

0.89%

JAEKX - Profile

Distributions

  • YTD Total Return 1.5%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio N/A
DIVIDENDS
  • Dividend Yield 3.4%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    Opportunistic Fixed Income Trust
  • Fund Family Name
    John Hancock Group of Funds
  • Inception Date
    Feb 28, 2005
  • Shares Outstanding
    N/A
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    US

Fund Description

Under normal market conditions, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in fixed income instruments. (The fund will provide written notice to shareholders at least 60 days prior to a change in its 80% investment policy.) Fixed income instruments include, but are not limited to the following securities, which may be denominated in U.S. dollars or foreign currencies: sovereign debt, inflation-linked bonds, corporate and high yield credit (also known as “junk bonds”), securitized debt, bank loans and floating rate loans and emerging markets debt, convertible and hybrid securities. Direct investments in loans may be illiquid and holding a loan could expose the fund to the risks of being a lender.In order to achieve its investment objective, the manager seeks to:•invest across multiple asset types, geographies, credit tiers, and time horizons;•provide timely and dynamic exposure to a portfolio of global fixed income securities consisting of sovereign debt, inflation-linked bonds, corporate and high yield credit, securitized debt, bank loans and floating rate loans and emerging markets debt, convertible and hybrid securities;•manage the fund’s overall performance volatility within a range as reflected by the Bloomberg  Global Aggregate Bond Index hedged to USD over the medium to long-term;•generate total returns through three main approaches: strategic sector positioning, market-neutral strategies, and tactical asset allocation:•the strategic sector component of the portfolio provides exposure to non-core investment opportunities (e.g. emerging markets debt, high yield credit, bank loans etc.) that are designed to capture the repricing of long-term structural themes in the business cycle;•the market neutral component of the portfolio is primarily expressed via relative value positioning, aimed at providing incremental return with low correlation to the direction of global fixed income markets. Market neutral positions are typically taken on interest rates, currencies, corporate and high yield credit, and emerging market debt positions; and•tactical asset allocation is used to capture both short and medium term dislocations in the market. Tactical opportunities are primarily expressed via sector rotation, country selection, security selection, currency management strategies and duration management strategies.•combine the three approaches noted above in a holistic manner while managing aggregate portfolio risk.The fund may invest in securities that at times may have equity-like characteristics including, but not limited to convertible securities or preferred equity. Additionally, the fund may hold equities received as part of a corporate action. The fund also may hold all or a portion of its assets in cash, money market instruments, bonds or other debt securities for defensive or other purposes. The fund may engage in active trading and may have a high portfolio turnover rate.The fund makes significant use of derivative instruments and may take both long and short positions in securities. Derivatives may be used for purposes of hedging and/or efficient portfolio management and/or investment purposes. Derivatives may be exchange-traded or over-the-counter and may include futures contracts, options, credit default swaps, foreign currency swaps, interest rate swaps, total return swaps and foreign currency forward contracts. In its use of derivatives, the fund aims to contribute to the target return and the volatility strategies of the fund. The use of derivative instruments as part of the investment strategy means that the fund may, from time to time, have substantial holdings in liquid assets, including deposits and money market instruments.
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JAEKX - Performance

Return Ranking - Trailing

Period JAEKX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.5% N/A N/A N/A
1 Yr 4.4% N/A N/A N/A
3 Yr N/A* N/A N/A N/A
5 Yr N/A* N/A N/A N/A
10 Yr N/A* N/A N/A N/A

* Annualized

Return Ranking - Calendar

Period JAEKX Return Category Return Low Category Return High Rank in Category (%)
2023 N/A N/A N/A N/A
2022 N/A N/A N/A N/A
2021 N/A N/A N/A N/A
2020 N/A N/A N/A N/A
2019 N/A N/A N/A N/A

Total Return Ranking - Trailing

Period JAEKX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.5% N/A N/A N/A
1 Yr 4.4% N/A N/A N/A
3 Yr N/A* N/A N/A N/A
5 Yr N/A* N/A N/A N/A
10 Yr N/A* N/A N/A N/A

* Annualized

Total Return Ranking - Calendar

Period JAEKX Return Category Return Low Category Return High Rank in Category (%)
2023 N/A N/A N/A N/A
2022 N/A N/A N/A N/A
2021 N/A N/A N/A N/A
2020 N/A N/A N/A N/A
2019 N/A N/A N/A N/A

NAV & Total Return History

JAEKX - Holdings

Concentration Analysis

JAEKX Category Low Category High JAEKX % Rank
Net Assets 3.04 B N/A N/A N/A
Number of Holdings 1065 N/A N/A N/A
Net Assets in Top 10 41.9 M N/A N/A N/A
Weighting of Top 10 28.31% N/A N/A N/A

Top 10 Holdings

  1. UNITED STATES TREASURY INFLATI 10/28 2.375 5.54%
  2. BRAZIL NOTAS DO TESOURO NACION NOTES 01/29 10 4.23%
  3. SSC GOVERNMENT MM GVMXX 20301231 00001.0000000000 3.48%
  4. UNITED STATES TREASURY INFLATI 07/33 1.375 3.16%
  5. FANNIE MAE OR FREDDIE MAC MBS 30YR TBA 2.36%
  6. UNITED STATES TREASURY INFLATI 10/27 1.625 2.18%
  7. ICELAND RIKISBREF BONDS 11/28 5 2.00%
  8. FANNIE MAE OR FREDDIE MAC MBS 30YR TBA 1.88%
  9. UNITED STATES TREASURY INFLATI 01/33 1.125 1.76%
  10. AUSTRALIA GOVERNMENT BOND SR UNSECURED REGS 06/51 1.75 1.74%

Asset Allocation

Weighting Return Low Return High JAEKX % Rank
Bonds 		92.93% N/A N/A N/A
Cash 		6.07% N/A N/A N/A
Preferred Stocks 		0.90% N/A N/A N/A
Other 		0.10% N/A N/A N/A
Stocks 		0.00% N/A N/A N/A
Convertible Bonds 		0.00% N/A N/A N/A

Bond Sector Breakdown

Weighting Return Low Return High JAEKX % Rank
Cash & Equivalents 		3.91% N/A N/A N/A
Securitized 		0.00% N/A N/A N/A
Corporate 		0.00% N/A N/A N/A
Municipal 		0.00% N/A N/A N/A
Government 		0.00% N/A N/A N/A
Derivative 		-1.38% N/A N/A N/A

Bond Geographic Breakdown

Weighting Return Low Return High JAEKX % Rank
US 		47.31% N/A N/A N/A
Non US 		45.62% N/A N/A N/A

JAEKX - Expenses

Operational Fees

JAEKX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.89% N/A N/A N/A
Management Fee 0.65% N/A N/A N/A
12b-1 Fee N/A N/A N/A N/A
Administrative Fee N/A N/A N/A N/A

Sales Fees

JAEKX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A N/A N/A N/A
Deferred Load N/A N/A N/A N/A

Trading Fees

JAEKX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A N/A N/A N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

JAEKX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A N/A N/A N/A

JAEKX - Distributions

Dividend Yield Analysis

JAEKX Category Low Category High JAEKX % Rank
Dividend Yield 3.40% N/A N/A N/A

Dividend Distribution Analysis

JAEKX Category Low Category High Category Mod
Dividend Distribution Frequency Annual

Net Income Ratio Analysis

JAEKX Category Low Category High JAEKX % Rank
Net Income Ratio N/A N/A N/A N/A

Capital Gain Distribution Analysis

JAEKX Category Low Category High Capital Mode
Capital Gain Distribution Frequency

Distributions History

View More +

JAEKX - Fund Manager Analysis

Tenure Analysis

Category Low Category High Category Average Category Mode
N/A N/A N/A N/A

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