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Trending ETFs

John Hancock Managed Account Shares Securitized Debt Portfolio

mutual fund
JMAEX
Payout Change
Pending
Price as of:
$9.51 +0.01 +0.11%
primary theme
U.S. Short-Term Bond Duration
share class
JMAEX (Mutual Fund)

John Hancock Managed Account Shares Securitized Debt Portfolio

Payout Change
Pending
Price as of:
$9.51 +0.01 +0.11%
primary theme
U.S. Short-Term Bond Duration
share class
JMAEX (Mutual Fund)

John Hancock Managed Account Shares Securitized Debt Portfolio

Payout Change
Pending
Price as of:
$9.51 +0.01 +0.11%
primary theme
U.S. Short-Term Bond Duration
share class

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

$9.51

$175 M

4.03%

$0.38

0.80%

Vitals

YTD Return

8.2%

1 yr return

9.4%

3 Yr Avg Return

2.0%

5 Yr Avg Return

2.0%

Net Assets

$175 M

Holdings in Top 10

14.9%

52 WEEK LOW AND HIGH

$9.5
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.80%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 32.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$0

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

$9.51

$175 M

4.03%

$0.38

0.80%

JMAEX - Profile

Distributions

  • YTD Total Return 8.2%
  • 3 Yr Annualized Total Return 2.0%
  • 5 Yr Annualized Total Return 2.0%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 2.48%
DIVIDENDS
  • Dividend Yield 4.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    John Hancock Managed Account Shares Securitized Debt Portfolio
  • Fund Family Name
    John Hancock
  • Inception Date
    Jul 09, 2019
  • Shares Outstanding
    N/A
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Howard Greene

Fund Description

Under normal market conditions, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in a diversified portfolio of bonds. The fund will invest only in securitized assets, which may include, but are not limited to, mortgage-backed and asset-backed securities, including securities backed by the US Government and its agencies. The fund will not invest in any non-securitized assets. The fund’s investment policies are based on credit ratings at the time of purchase. There is no limit on average maturity. The manager focuses on sector allocation, industry allocation, and security selection in making investment decisions. When making sector and industry allocations, the manager uses top-down analysis to try to anticipate and react to shifts in the business cycle. The manager uses bottom-up research to find individual securities that appear comparatively undervalued. The fund does not invest in bonds rated below investment-grade at time of purchase.The fund may invest in securities of foreign governments and corporations. The fund will not invest more than 10% of its total assets in securities denominated in foreign currencies.Under normal market conditions, the fund does not anticipate investing more than 25% of its total assets in U.S. dollar-denominated foreign securities (excluding Canadian securities). The fund may engage in derivatives transactions, including credit default swaps, foreign currency forward contracts, futures contracts, and options, to reduce risk, obtain efficient market exposure, and/or enhance investment returns. The fund’s investments in U.S. government and agency securities may or may not be supported by the full faith and credit of the United States. The fund may trade securities actively. The fund may invest in bonds issued by master limited partnerships.
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JMAEX - Performance

Return Ranking - Trailing

Period JMAEX Return Category Return Low Category Return High Rank in Category (%)
YTD 8.2% 1.2% 19.9% 2.88%
1 Yr 9.4% 2.4% 21.2% 3.26%
3 Yr 2.0%* -4.9% 6.0% 38.52%
5 Yr 2.0%* -3.8% 6.0% 45.47%
10 Yr N/A* -18.7% 170.5% N/A

* Annualized

Return Ranking - Calendar

Period JMAEX Return Category Return Low Category Return High Rank in Category (%)
2023 2.7% -1.6% 7.6% 25.96%
2022 -10.1% -17.7% -2.6% 91.98%
2021 -2.6% -4.0% 4.4% 93.36%
2020 2.1% -7.1% 7.6% 40.12%
2019 N/A -2.3% 9.3% N/A

Total Return Ranking - Trailing

Period JMAEX Return Category Return Low Category Return High Rank in Category (%)
YTD 8.2% 1.2% 19.9% 2.88%
1 Yr 9.4% 2.4% 21.2% 3.26%
3 Yr 2.0%* -4.9% 6.0% 38.52%
5 Yr 2.0%* -3.8% 6.0% 45.47%
10 Yr N/A* -18.7% 170.5% N/A

* Annualized

Total Return Ranking - Calendar

Period JMAEX Return Category Return Low Category Return High Rank in Category (%)
2023 6.8% 1.8% 15.2% 17.31%
2022 -7.5% -17.3% -1.3% 92.17%
2021 -0.4% -2.7% 7.7% 62.58%
2020 4.3% -2.4% 14.5% 45.68%
2019 N/A 0.6% 12.6% N/A

NAV & Total Return History


JMAEX - Holdings

Concentration Analysis

JMAEX Category Low Category High JMAEX % Rank
Net Assets 175 M 14.5 K 57.3 B 85.25%
Number of Holdings 224 2 8314 74.33%
Net Assets in Top 10 21.4 M 1.05 M 6.81 B 90.61%
Weighting of Top 10 14.86% 2.0% 108.1% 78.74%

Top 10 Holdings

  1. VERIZON MASTER TRUST SERIES 20 VZMT 2024 5 A 144A 1.91%
  2. JH COLLATERAL 1.82%
  3. WINGSTOP FUNDING LLC WSTOP 2020 1A A2 144A 1.57%
  4. DATABANK ISSUER COLO 2021 1A A2 144A 1.46%
  5. NEW ECONOMY ASSETS PHASE 1 SPO USRE 2021 1 A1 144A 1.43%
  6. GMF FLOORPLAN OWNER REVOLVING GFORT 2024 2A A 144A 1.39%
  7. NEIGHBORLY ISSUER LLC NBLY 2021 1A A2 144A 1.36%
  8. DB MASTER FINANCE LLC DNKN 2021 1A A2I 144A 1.34%
  9. RETAINED VANTAGE DATA CENTERS VDCR 2023 1A A2A 144A 1.32%
  10. CF HIPPOLYTA ISSUER LLC SORT 2020 1 A1 144A 1.25%

Asset Allocation

Weighting Return Low Return High JMAEX % Rank
Other
62.22% -0.97% 73.75% 0.77%
Bonds
35.98% 0.00% 131.65% 91.95%
Cash
1.82% -20.59% 68.64% 59.77%
Stocks
0.00% 0.00% 99.96% 35.25%
Preferred Stocks
0.00% 0.00% 24.12% 30.46%
Convertible Bonds
0.00% 0.00% 27.71% 93.67%

Bond Sector Breakdown

Weighting Return Low Return High JMAEX % Rank
Securitized
97.27% 0.00% 97.27% 0.19%
Cash & Equivalents
1.82% 0.00% 68.64% 54.41%
Corporate
0.66% 0.00% 99.82% 98.66%
Derivative
0.00% -0.72% 25.70% 48.85%
Municipal
0.00% 0.00% 14.41% 60.65%
Government
0.00% 0.00% 73.63% 95.78%

Bond Geographic Breakdown

Weighting Return Low Return High JMAEX % Rank
US
35.98% 0.00% 126.86% 91.19%
Non US
0.00% 0.00% 87.70% 28.35%

JMAEX - Expenses

Operational Fees

JMAEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.80% 0.01% 3.29% 37.12%
Management Fee 0.63% 0.00% 1.19% 95.40%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.41% N/A

Sales Fees

JMAEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.50% 5.75% N/A
Deferred Load N/A 0.50% 4.00% N/A

Trading Fees

JMAEX 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.

JMAEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 32.00% 2.00% 500.00% 12.77%

JMAEX - Distributions

Dividend Yield Analysis

JMAEX Category Low Category High JMAEX % Rank
Dividend Yield 4.03% 0.00% 11.11% 28.74%

Dividend Distribution Analysis

JMAEX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Quarterly Monthly Monthly

Net Income Ratio Analysis

JMAEX Category Low Category High JMAEX % Rank
Net Income Ratio 2.48% -1.27% 4.98% 5.46%

Capital Gain Distribution Analysis

JMAEX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Distributions History

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JMAEX - Fund Manager Analysis

Managers

Howard Greene


Start Date

Tenure

Tenure Rank

Jul 09, 2019

2.9

2.9%

Howard C. Greene, CFA Senior Portfolio Manager, Co-Head of U.S. Core and Core-Plus Fixed Income, Manulife Investment Management Howard is co-head of the firm’s U.S. core and core-plus fixed-income team and serves as a co-lead portfolio manager for the core and core-plus fixed-income strategies. Prior to joining the company, he spent more than 14 years at Sun Life Financial Services of Canada as a senior vice president for Sun Capital Advisers, managing investment-grade and high-yield fixed-income portfolios.

Jeffrey Given


Start Date

Tenure

Tenure Rank

Jul 09, 2019

2.9

2.9%

Jeffrey N. Given, CFA Senior Portfolio Manager, Co-Head of U.S. Core and Core-Plus Fixed Income, Manulife Investment Management Jeff is co-head of the firm’s U.S. core and core-plus fixed-income team and is responsible for the firm’s securitized, core, core-plus, and government bond strategies. Prior to joining the portfolio management team, he was focused on research and trading in mortgage-backed securities within the Manulife fixed-income teams. Previously, he was an investment compliance analyst at the company.

Pranay Sonalkar


Start Date

Tenure

Tenure Rank

Jun 30, 2021

0.92

0.9%

Pranay Sonalkar Associate Portfolio Manager, U.S. Core and Core Plus Fixed Income, Manulife Investment Management Pranay is an associate portfolio manager on the firm’s U.S. Core and Core Plus Fixed Income team. Previously, he was a credit research analyst and sector lead responsible for research coverage of the industrials, utilities, and energy sectors. Prior to that, he was a lead credit analyst with Standard & Poor's on various chemical and environmental services issuers and, before that, he worked for Barclays Capital as a sell-side credit analyst assisting coverage in multiple sectors. Education: B.A., Economics and Mathematical Science, Colby College; M.B.A., Cornell University–Samuel Curtis Johnson Graduate School of Management Joined the company: 2014 Began career: 2007

Connor Minnaar


Start Date

Tenure

Tenure Rank

Mar 31, 2022

0.17

0.2%

Connor Minnaar, CFA ·Senior Director and Associate Portfolio Manager ·Joined Manulife IM (US) in 2006 ·Began business career in 2002

Tenure Analysis

Category Low Category High Category Average Category Mode
0.07 28.77 6.16 2.41