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Trending ETFs

Emerging Markets Value Trust

mutual fund
JEMTX
Payout Change
Pending
Price as of:
$10.4 +0.01 +0.1%
primary theme
Emerging Markets Equity
JEMTX (Mutual Fund)

Emerging Markets Value Trust

Payout Change
Pending
Price as of:
$10.4 +0.01 +0.1%
primary theme
Emerging Markets Equity
JEMTX (Mutual Fund)

Emerging Markets Value Trust

Payout Change
Pending
Price as of:
$10.4 +0.01 +0.1%
primary theme
Emerging Markets Equity

Name

As of 06/21/2024

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

$10.40

$228 M

0.00%

1.29%

Vitals

YTD Return

3.4%

1 yr return

9.5%

3 Yr Avg Return

-0.4%

5 Yr Avg Return

4.2%

Net Assets

$228 M

Holdings in Top 10

16.0%

52 WEEK LOW AND HIGH

$10.4
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.29%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 26.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$0

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 06/21/2024

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

$10.40

$228 M

0.00%

1.29%

JEMTX - Profile

Distributions

  • YTD Total Return 3.4%
  • 3 Yr Annualized Total Return -0.4%
  • 5 Yr Annualized Total Return 4.2%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.27%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    Emerging Markets Value Trust
  • Fund Family Name
    John Hancock Group of Funds
  • Inception Date
    May 27, 2015
  • Shares Outstanding
    2980242
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Jed Fogdall

Fund Description

The fund will pursue its objective through a value oriented, research-driven strategy of investing in equity securities and financial instruments with equity like characteristics designed to provide exposure to emerging markets. Securities are selected by the adviser using its “three circles” approach which combines a quantitative screening with a fundamental bottom-up selection process. This investment strategy is grounded in the following principles: (1) low valuation stocks outperform high valuation stocks; (2) companies with strong fundamentals, e.g., high and sustainable returns on invested capital, outperform companies with weak fundamentals; and (3) stocks with positive business momentum, e.g., rising earnings estimates, outperform stocks with negative business momentum. The adviser examines various factors in determining the value characteristics of issuers, including price-to-book value ratios and price-to-earnings ratios. These value characteristics are examined in the context of the issuer’s operating and financial fundamentals, such as return-on-equity and earnings growth and cash flow.The fund intends, under normal circumstances, to invest at least 80% of its net assets (including borrowings for investment purposes) in the equity securities of emerging market issuers, related derivative instruments and other equity investments that are tied economically to emerging market countries. The adviser considers an emerging market country to include any country that is: 1) generally recognized to be an emerging market country by the international financial community, including the World Bank; 2) classified by the United Nations as a developing country; or 3) included in the MSCI Emerging Markets Index. Due to the unique relationship between China and its separately administered regions, the Adviser includes Hong Kong and Macau as emerging markets, independent of above definitions 1 through 3. The adviser determines that an investment is tied economically to an emerging market if such investment satisfies one or more of the following conditions: 1) the issuer’s primary trading market is in an emerging market; 2) the issuer is organized under the laws of, derives at least 50% of its revenue from, or has at least 50% of its assets in emerging markets; 3) the investment is included in an index representative of emerging markets; and 4) the investment is exposed to the economic risks and returns of emerging markets.In managing the fund’s portfolio, the adviser will seek to identify mispriced publicly traded equity securities of emerging market companies and purchase securities that the adviser believes will outperform, emphasizing low valuation, positive business momentum and high quality. The fund generally invests in the equity securities of issuers the manager believes are undervalued. The manager applies a bottom-up stock selection process using a combination of fundamental and quantitative analysis of issuer-specific factors such as price-to-book value, price-to-sales and earnings ratios, dividend yields, strength of management, and cash flow.The fund’s portfolio is rebalanced regularly to maintain the optimal risk/return trade-off. The Adviser assesses each stock’s changing characteristics relative to its contribution to portfolio risk. The Adviser will sell a stock that the adviser believes no longer offers an appropriate return-to-risk tradeoff. The Fund’s investment adviser may engage in active trading, and will not consider portfolio turnover a limiting factor in making decisions for the Fund.The equity securities in which the fund will invest, which may include equity securities of non-U.S. issuers that are traded in the markets of the United States, include equity securities issued by large-, mid- and small- or micro-cap companies, as well as exchange-traded and over-the-counter common and preferred stocks, warrants, options, rights, convertible securities, sponsored and unsponsored depositary receipts and shares, trust certificates, limited partnership interests, shares of other investment companies (including exchanged-traded funds (ETFs)), real estate investment trusts (REITs) and equity participations. An equity participation is a type of loan that gives the lender a portion of equity ownership in a property, in addition to principal and interest payments. A convertible security is a bond, debenture, note, preferred stock or other security that may be converted into or exchanged for a prescribed amount of common stock of the same or a different issuer within a particular period of time at a specified price or formula. The fund may invest in securities of companies operating for three years or less (unseasoned issuers).The fund may invest up to 20% of its net assets in high yield debt obligations (commonly known as junk bonds), such as bonds and debentures, used by corporations and other business organizations (e.g., trusts or limited liability companies). Such high yield debt obligations are not considered to be investment grade. Junk bonds are rated BB or lower by S&P Global, or have a comparable rating by another nationally recognized statistical rating organization (or, if unrated are determined by the adviser to be of comparable quality at the time of investment). The fund may invest in securities of the lowest rating category, including securities in default. The adviser may, but is not required to, sell a bond or note held by the fund in the event that its credit rating is downgraded. The fund will primarily invest in fixed incomeinstruments, including high yield debt obligations, when the fund believes that such instruments offer a better risk/reward profile than comparable equity opportunities.To meet margin requirements, redemptions or pending investments, the fund may also temporarily hold a portion of its assets in full faith and credit obligations of the United States government and in short-term notes, commercial paper or other money market instruments.The adviser will sell a stock when it no longer meets one or more investment criteria, either through obtaining target value or due to an adverse change in fundamentals or business momentum. Each holding has a target valuation established at purchase, which the adviser constantly monitors and adjusts as appropriate.In general, the fund’s investments will be spread over a number of industries and, as a matter of policy, the Fund is limited to investing less than 25% of its total assets in any one industry, except that the fund may invest in exchange traded funds to the extent permitted by the Investment Company Act of 1940, as amended (1940 Act), and applicable SEC orders.The fund may participate as a purchaser in initial public offerings of securities (IPOs). An IPO is a company’s first offering of stock to the public.The fund may invest up to 15% of its net assets in illiquid investments, including investments that are illiquid by virtue of the absence of a readily available market or legal or contractual restrictions on resale.The fund may also seek to increase its income by lending portfolio securities.The fund will invest in derivatives, including put and call options, futures, contracts for differences, forward contracts and swaps, in lieu of investing directly in a security, currency or instrument, for hedging and non-hedging purposes. Contracts for differences offer exposure to price changes in an underlying security without ownership of such security, typically by providing investors the ability to trade on margin. The fund’s investments in derivative instruments may be leveraged and result in losses exceeding the amounts invested.
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JEMTX - Performance

Return Ranking - Trailing

Period JEMTX Return Category Return Low Category Return High Rank in Category (%)
YTD 3.4% -8.5% 20.2% 81.37%
1 Yr 9.5% -10.7% 35.3% 67.63%
3 Yr -0.4%* -21.2% 10.3% 14.20%
5 Yr 4.2%* -5.8% 12.2% 35.87%
10 Yr N/A* -2.7% 6.2% 55.33%

* Annualized

Return Ranking - Calendar

Period JEMTX Return Category Return Low Category Return High Rank in Category (%)
2023 13.2% -6.5% 35.5% 17.62%
2022 -15.4% -50.1% -2.4% 5.22%
2021 8.7% -33.1% 22.5% 5.22%
2020 1.0% -22.1% 80.1% 93.92%
2019 7.2% -0.7% 42.0% 95.97%

Total Return Ranking - Trailing

Period JEMTX Return Category Return Low Category Return High Rank in Category (%)
YTD 3.4% -8.5% 20.2% 81.37%
1 Yr 9.5% -10.7% 35.3% 67.63%
3 Yr -0.4%* -21.2% 10.3% 14.20%
5 Yr 4.2%* -5.8% 12.2% 35.87%
10 Yr N/A* -2.7% 6.2% 53.94%

* Annualized

Total Return Ranking - Calendar

Period JEMTX Return Category Return Low Category Return High Rank in Category (%)
2023 13.2% -2.7% 42.0% 32.51%
2022 -11.9% -42.2% 1.9% 4.65%
2021 11.1% -32.5% 33.1% 10.58%
2020 3.4% -20.0% 81.6% 93.92%
2019 10.7% 2.3% 42.0% 97.26%

NAV & Total Return History


JEMTX - Holdings

Concentration Analysis

JEMTX Category Low Category High JEMTX % Rank
Net Assets 228 M 682 K 103 B 64.94%
Number of Holdings 2400 10 7049 3.41%
Net Assets in Top 10 36.3 M 290 K 19.2 B 69.85%
Weighting of Top 10 15.96% 2.9% 140.4% 93.85%

Top 10 Holdings

  1. RELIANCE INDUSTRIES LTD GDR 2.74%
  2. CHINA CONSTRUCTION BANK CORP COMMON STOCK CNY1.0 2.01%
  3. SAMSUNG ELECTRONICS CO LTD COMMON STOCK KRW100.0 1.94%
  4. HON HAI PRECISION INDUSTRY CO COMMON STOCK TWD10.0 1.74%
  5. ALIBABA GROUP HOLDING LTD COMMON STOCK USD.000003125 1.62%
  6. PETROLEO BRASILEIRO SA PREFERENCE 1.58%
  7. PETROLEO BRASILEIRO SA COMMON STOCK 1.25%
  8. AXIS BANK LTD COMMON STOCK INR2.0 1.04%
  9. ICICI BANK LTD COMMON STOCK INR2.0 1.04%
  10. INDUSTRIAL and COMMERCIAL BANK O COMMON STOCK CNY1.0 0.99%

Asset Allocation

Weighting Return Low Return High JEMTX % Rank
Stocks
97.29% 0.00% 102.46% 43.66%
Preferred Stocks
2.25% 0.00% 10.09% 22.10%
Cash
0.68% -2.03% 40.36% 80.76%
Other
0.02% -0.14% 37.51% 16.51%
Convertible Bonds
0.00% 0.00% 7.40% 22.66%
Bonds
0.00% 0.00% 92.29% 30.83%

Stock Sector Breakdown

Weighting Return Low Return High JEMTX % Rank
Financial Services
29.01% 0.00% 48.86% 6.08%
Basic Materials
16.13% 0.00% 30.03% 1.93%
Technology
12.05% 0.00% 47.50% 92.82%
Energy
9.64% 0.00% 24.80% 5.80%
Industrials
9.25% 0.00% 43.53% 20.17%
Consumer Cyclical
8.64% 0.00% 48.94% 86.46%
Real Estate
5.08% 0.00% 17.15% 8.01%
Communication Services
3.38% 0.00% 39.29% 91.44%
Consumer Defense
3.11% 0.00% 25.90% 90.47%
Healthcare
2.40% 0.00% 16.53% 74.59%
Utilities
1.32% 0.00% 39.12% 48.76%

Stock Geographic Breakdown

Weighting Return Low Return High JEMTX % Rank
Non US
91.63% 0.00% 100.18% 25.24%
US
5.65% 0.00% 99.51% 69.99%

JEMTX - Expenses

Operational Fees

JEMTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.29% 0.03% 29.98% 53.21%
Management Fee 0.83% 0.00% 2.00% 39.62%
12b-1 Fee 0.25% 0.00% 1.00% 25.88%
Administrative Fee 0.25% 0.01% 0.85% 86.88%

Sales Fees

JEMTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.50% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

JEMTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% 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.

JEMTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 26.00% 0.00% 189.00% 20.20%

JEMTX - Distributions

Dividend Yield Analysis

JEMTX Category Low Category High JEMTX % Rank
Dividend Yield 0.00% 0.00% 9.74% 66.44%

Dividend Distribution Analysis

JEMTX Category Low Category High Category Mod
Dividend Distribution Frequency Annual Annually Quarterly Annual

Net Income Ratio Analysis

JEMTX Category Low Category High JEMTX % Rank
Net Income Ratio 2.27% -1.98% 17.62% 11.90%

Capital Gain Distribution Analysis

JEMTX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Semi-Annually

Distributions History

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JEMTX - Fund Manager Analysis

Managers

Jed Fogdall


Start Date

Tenure

Tenure Rank

May 03, 2010

12.08

12.1%

Jed S. Fogdall is a Co-Head of Portfolio Management and Vice President of Dimensional and a member of Dimensional’s Investment Committee. Mr. Fogdall has an MBA from the University of California, Los Angeles and a BS from Purdue University. Mr. Fogdall joined Dimensional as a Portfolio Manager in 2004 and has been responsible for international portfolios since 2010 and domestic portfolios since 2012.

Bhanu Singh


Start Date

Tenure

Tenure Rank

Aug 10, 2015

6.81

6.8%

Bhanu P. Singh is Vice President and a Senior Portfolio Manager of the Sub-Adviser. Mr. Singh joined Dimensional originally in 2003 and has been a portfolio manager since 2012. Mr. Singh has an M.B.A. from the University of Chicago Booth School of Business and a B.A. from the University of California, Los Angeles.

Allen Pu


Start Date

Tenure

Tenure Rank

Apr 27, 2020

2.09

2.1%

Allen Pu is Deputy Head of Portfolio Management, North America, a member of the Investment Commit- tee, Vice President and a Senior Portfolio Manager of the Sub-Adviser. Mr. Pu joined Dimensional as a Portfolio Manager in 2006. Mr. Pu has an M.B.A. from the University of California, Los Angeles, an M.S. and Ph.D. from Caltech, and a B.S. from Cooper Union for the Advancement of Science and Art.

Ethan Wren


Start Date

Tenure

Tenure Rank

Apr 27, 2020

2.09

2.1%

Mr. Wren is a Vice President and Senior Portfolio Manager of the Dimensional Fund Advisors LP. Mr. Wren holds an MBA and an MPA from the University of Texas at Austin. Mr. Wren joined the Dimensional in 2010, has been a portfolio manager since 2018.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.09 33.71 6.52 13.42