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Trending ETFs

John Hancock Managed Account Shares Non-Investment-Grade Municipal Bond Portfolio

mutual fund
JHFMX
Payout Change
Pending
Price as of:
$10.48 +0.01 +0.1%
primary theme
N/A
share class
Other (JHFMX)
JHFMX (Mutual Fund)

John Hancock Managed Account Shares Non-Investment-Grade Municipal Bond Portfolio

Payout Change
Pending
Price as of:
$10.48 +0.01 +0.1%
primary theme
N/A
share class
Other (JHFMX)
JHFMX (Mutual Fund)

John Hancock Managed Account Shares Non-Investment-Grade Municipal Bond Portfolio

Payout Change
Pending
Price as of:
$10.48 +0.01 +0.1%
primary theme
N/A
share class
Other (JHFMX)

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

John Hancock Managed Account Shares Non-Investment-Grade Municipal Bond Portfolio

JHFMX | Fund

$10.48

$20.7 M

4.55%

$0.48

1.07%

Vitals

YTD Return

6.9%

1 yr return

9.0%

3 Yr Avg Return

N/A

5 Yr Avg Return

N/A

Net Assets

$20.7 M

Holdings in Top 10

16.0%

52 WEEK LOW AND HIGH

$10.5
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.07%

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

John Hancock Managed Account Shares Non-Investment-Grade Municipal Bond Portfolio

JHFMX | Fund

$10.48

$20.7 M

4.55%

$0.48

1.07%

JHFMX - Profile

Distributions

  • YTD Total Return 6.9%
  • 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 4.5%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    John Hancock Managed Account Shares Non-Investment-Grade Municipal Bond Portfolio
  • Fund Family Name
    John Hancock Group of Funds
  • Inception Date
    Feb 07, 2023
  • 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 amounts borrowed for investment purposes, in municipal securities, the income from which is exempt from federal income tax. Investments in bonds subject to the alternative minimum tax (AMT) may be counted toward the fund’s 80% investment policy. To the extent that the fund invests in bonds that are subject to the AMT, the income paid by the fund may not be entirely tax-free to all investors.The manager primarily invests in medium and lower quality municipal securities rated A or lower by S&P Global Ratings (S&P), Fitch Ratings, Inc. (Fitch Ratings) or Moody’s Investors Service, Inc (Moody’s) or comparable rating by any nationally recognized statistical ratings organization (NRSRO) or their unrated equivalents. Non-investment grade securities may also be referred to as below investment grade securities, commonly known as “junk bonds.” The fund may invest in fixed income securities which include bonds, debt securities and other similar instruments. The fund’s investment policies are based on credit ratings at the time of purchase. The fund may buy bonds of any maturity or duration. The fund may invest heavily in bonds from any given state or region and may have substantial investments in obligations of certain states and their agencies, instrumentalities, and/or political subdivisions. The fund may invest in general obligation bonds or bonds backed by revenue from a specific public project or facility, such as a power plant (revenue bonds), which tend to offer higher yields than general obligation bonds.The fund may engage in derivative transactions that include futures contracts on debt securities and debt securities indexes; options on futures, debt securities, and debt indexes; tender option bonds and inverse floating-rate securities, in each case, for the purposes of reducing risk and/or enhancing investment returns. The fund may also use tender option bond transactions to seek to enhance potential gains. The fund will look through to the underlying municipal bonds held by a tender option bond trust for purposes of the fund’s 80% policy. The fund may leverage its assets through the use of proceeds received as a result of tender option bond transactions. The fund may contribute up to 15% of its holdings in municipal securities to tender option bond transactions. The fund may also trade securities actively.
Read More

JHFMX - Performance

Return Ranking - Trailing

Period JHFMX Return Category Return Low Category Return High Rank in Category (%)
YTD 6.9% N/A N/A N/A
1 Yr 9.0% 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 JHFMX 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 JHFMX Return Category Return Low Category Return High Rank in Category (%)
YTD 6.9% N/A N/A N/A
1 Yr 9.0% 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 JHFMX 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

JHFMX - Holdings

Concentration Analysis

JHFMX Category Low Category High JHFMX % Rank
Net Assets 20.7 M N/A N/A N/A
Number of Holdings 94 N/A N/A N/A
Net Assets in Top 10 3.36 M N/A N/A N/A
Weighting of Top 10 16.04% N/A N/A N/A

Top 10 Holdings

  1. CHICAGO BOARD OF EDUCATION DED CHIEDU 04/38 FIXED OID 5 1.95%
  2. MATCHING FUND SPECIAL PURPOSE MFCFAC 10/30 FIXED 5 1.78%
  3. JH COLLATERAL 1.78%
  4. GLENDALE INDUSTRIAL DEVELOPMEN GLEDEV 05/39 FIXED 5 1.65%
  5. BEAVER COUNTY INDUSTRIAL DEVEL BEAPOL 10/47 ADJ CNVFIX 3.75 1.60%
  6. CITY OF DETROIT MI DET 04/32 FIXED 5.5 1.58%
  7. HARBOR POINT INFRASTRUCTURE IM HRBIMP 04/39 FIXED 5 1.45%
  8. ARKANSAS DEVELOPMENT FINANCE A ARSDEV 09/49 FIXED 4.5 1.43%
  9. PUERTO RICO SALES TAX FINANCIN PRCGEN 07/40 FIXED 4.329 1.41%
  10. VIRGINIA SMALL BUSINESS FINANC VASDEV 01/39 FIXED 4 1.39%

Asset Allocation

Weighting Return Low Return High JHFMX % Rank
Bonds 		97.50% N/A N/A N/A
Cash 		2.50% N/A N/A N/A
Stocks 		0.00% N/A N/A N/A
Preferred Stocks 		0.00% N/A N/A N/A
Other 		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 JHFMX % Rank
Cash & Equivalents 		1.78% N/A N/A N/A
Derivative 		0.00% 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

Bond Geographic Breakdown

Weighting Return Low Return High JHFMX % Rank
US 		97.50% N/A N/A N/A
Non US 		0.00% N/A N/A N/A

JHFMX - Expenses

Operational Fees

JHFMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.07% N/A N/A N/A
Management Fee 0.63% 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

JHFMX 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

JHFMX 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.

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

JHFMX - Distributions

Dividend Yield Analysis

JHFMX Category Low Category High JHFMX % Rank
Dividend Yield 4.55% N/A N/A N/A

Dividend Distribution Analysis

JHFMX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly

Net Income Ratio Analysis

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

Capital Gain Distribution Analysis

JHFMX Category Low Category High Capital Mode
Capital Gain Distribution Frequency

Distributions History

View More +

JHFMX - 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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