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Trending ETFs

2060 Lifetime Blend Portfolio

mutual fund
JRODX
Payout Change
Pending
Price as of:
$15.23 -0.05 -0.33%
primary theme
N/A
JRODX (Mutual Fund)

2060 Lifetime Blend Portfolio

Payout Change
Pending
Price as of:
$15.23 -0.05 -0.33%
primary theme
N/A
JRODX (Mutual Fund)

2060 Lifetime Blend Portfolio

Payout Change
Pending
Price as of:
$15.23 -0.05 -0.33%
primary theme
N/A

Name

As of 06/14/2024

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

$15.23

$187 M

1.96%

$0.30

0.77%

Vitals

YTD Return

8.6%

1 yr return

15.6%

3 Yr Avg Return

3.9%

5 Yr Avg Return

9.9%

Net Assets

$187 M

Holdings in Top 10

93.7%

52 WEEK LOW AND HIGH

$15.3
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.77%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 15.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$0

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 06/14/2024

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

$15.23

$187 M

1.96%

$0.30

0.77%

JRODX - Profile

Distributions

  • YTD Total Return 8.6%
  • 3 Yr Annualized Total Return 3.9%
  • 5 Yr Annualized Total Return 9.9%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.39%
DIVIDENDS
  • Dividend Yield 2.0%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    2060 Lifetime Blend Portfolio
  • Fund Family Name
    John Hancock Group of Funds
  • Inception Date
    Mar 30, 2016
  • Shares Outstanding
    5199017
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Nathan Thooft

Fund Description

Under normal market conditions, the fund invests substantially all of its assets in underlying funds using an asset allocation strategy designed for investors expected to retire around the year 2060.The managers of the fund allocate assets among the underlying funds according to an asset allocation strategy that becomes increasingly conservative over time. John Hancock 2060 Lifetime Blend Portfolio has a target asset allocation of 95% of its assets in underlying funds that invest primarily in equity securities. The fund will have a greater exposure to underlying funds that invest primarily in equity securities than will a John Hancock Lifetime Blend Portfolio with a closer target date. To reduce investment risk and volatility as retirement approaches and in the post retirement years, the asset allocation strategy will change over time according to a predetermined “glide path” shown in the following chart. The fund may be a primary source of income for its shareholders after retirement.Glide path chartThe allocations reflected in the glide path are referred to as target allocations because they do not reflect active decisions made by the managers to produce an overweight or an underweight position in a particular asset class. The fund has a target allocation to underlying funds that invest in the broad asset classes of equity and fixed-income securities, but may also allocate its assets to underlying funds that invest outside these asset classes to protect the fund or help it achieve its objective. For example, the fund may also allocate its assets to underlying funds that invest in alternative and specialty asset classes. The managers may change the target allocation without shareholder approval if they believe that such change would benefit the fund and its shareholders. Under normal circumstances, any deviation from the target allocation is not expected to be greater than plus or minus 10%.Within the prescribed percentage allocation, the managers select the percentage level to be maintained in specific underlying funds. New investments made by the fund may be directed to particular underlying funds in an effort to maintain the desired target allocations. There is no guarantee that the managers will correctly predict the market or economic conditions and, as with other mutual fund investments, you could lose money even if the fund is at or close to its designated retirement year or in its postretirement stage.The fund is designed for investors who may remain invested in the fund through their retirement years. The fund will continue to be managed according to an allocation strategy that becomes increasingly conservative over time until approximately twenty years after retirement, at which time the fund expects to maintain a static allocation of approximately 25% of its assets in equity underlying funds.The fund may invest in underlying funds that invest in a broad range of equity and fixed-income securities and asset classes. The fund may also invest in underlying funds that invest in alternative/specialty securities and asset classes, including, but not limited to, U.S. and foreign securities, emerging-market securities, commodities, asset-backed securities, small-cap securities, and below-investment-grade securities (i.e., junk bonds). The underlying funds may also use derivatives, such as swaps, foreign currency forwards, futures, and options, in each case for the purposes of reducing risk, obtaining efficient market exposure and/or enhancing investment returns.The fund will invest in various passively managed underlying funds (commonly known as index funds) that as a group hold a wide range of equity-type securities in their portfolios, including convertible securities. The fund may also invest in various actively managed funds. The fund is not designed to track an index or group of indexes. Equity-type securities include small-, mid-, and large-capitalization stocks, domestic and foreign securities (including emerging-market securities), and sector holdings. Certain equity underlying funds may invest in initial public offerings (IPOs). Each of the equity underlying funds has its own investment strategy that, for example, may focus on growth stocks or value stocks, or may employ a strategy combining growth and income stocks, and/or may invest in derivatives such as credit default swaps, foreign currency forwards, interest rate swaps, options on securities, and futures contracts. Certain of the underlying funds focus their investment strategy on fixed-income securities, which may include investment-grade and below-investment-grade debt securities with maturities that range from shorter to longer term. Below-investment-grade debt securities are also referred to as junk bonds. The fixed-income underlying funds collectively hold various types of debt instruments such as corporate bonds and mortgage-backed, government-issued, domestic, and international securities (including emerging market securities). Certain underlying funds may invest in illiquid securities, and certain underlying funds may be non-diversified.The fund may invest directly in exchange-traded funds (ETFs), exchange-traded notes (ETNs), the securities of other investment companies, U.S. government securities, and other types of investments such as derivatives, including credit default swaps, options on equity index futures, interest-rate swaps, and foreign currency forward contracts, in each case for the purposes of reducing risk, obtaining efficient market exposure, and/or enhancing investment returns.To the extent permitted by law, the Board of Trustees of the fund may, in its discretion, determine to combine the fund with another fund without shareholder approval if the target allocation of the fund matches the target allocation of the other fund, although there is no assurance that the Board of Trustees will so determine at any point. The fund bears its own expenses and, in addition, indirectly bears its proportionate share of the expenses of the underlying funds in which it invests. The fund’s performance reflects both the managers’ allocation decisions and the performance of the underlying funds.
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JRODX - Performance

Return Ranking - Trailing

Period JRODX Return Category Return Low Category Return High Rank in Category (%)
YTD 8.6% 3.9% 12.9% 56.33%
1 Yr 15.6% 30.7% 65.2% 53.90%
3 Yr 3.9%* 8.7% 13.7% 41.36%
5 Yr 9.9%* 10.3% 14.1% 49.59%
10 Yr N/A* N/A N/A N/A

* Annualized

Return Ranking - Calendar

Period JRODX Return Category Return Low Category Return High Rank in Category (%)
2023 16.0% -3.3% 18.9% 44.49%
2022 -23.1% 11.7% 29.3% 87.06%
2021 12.6% -23.9% -7.8% 68.48%
2020 12.6% 13.0% 20.8% 81.62%
2019 17.0% 1.7% 8.6% N/A

Total Return Ranking - Trailing

Period JRODX Return Category Return Low Category Return High Rank in Category (%)
YTD 8.6% 3.9% 12.9% 56.33%
1 Yr 15.6% 30.7% 65.2% 45.74%
3 Yr 3.9%* 7.7% 13.7% 38.74%
5 Yr 9.9%* 9.6% 14.1% 46.28%
10 Yr N/A* N/A N/A N/A

* Annualized

Total Return Ranking - Calendar

Period JRODX Return Category Return Low Category Return High Rank in Category (%)
2023 18.4% -3.3% 18.9% 44.49%
2022 -18.0% 11.7% 29.3% 87.06%
2021 18.4% -23.9% -5.7% 15.15%
2020 16.1% 14.1% 22.7% 39.71%
2019 24.9% 1.7% 11.0% N/A

NAV & Total Return History


JRODX - Holdings

Concentration Analysis

JRODX Category Low Category High JRODX % Rank
Net Assets 187 M 60.7 K 7.18 B 34.41%
Number of Holdings 27 4 494 32.43%
Net Assets in Top 10 189 M 51.6 K 7.13 B 34.88%
Weighting of Top 10 93.74% 38.0% 100.0% 36.09%

Top 10 Holdings

  1. JHF II US STRAT EQUITY ALLOC MUTUAL FUND 28.68%
  2. JHF II INTL STRAT EQUITY ALLO MUTUAL FUND 23.88%
  3. FIDELITY MID CAP INDEX FUND FIDELITY MID CAP INDX 13.38%
  4. VANGUARD SandP 500 ETF VANGUARD SandP 500 ETF 12.90%
  5. FIDELITY SMALL CAP INDEX FUND FIDELITY SML CAP INDX 4.26%
  6. VANGUARD FTSE EMERGING MARKETS VANGUARD FTSE EMERGING MARKE 4.10%
  7. JH COLLATERAL 1.82%
  8. VANGUARD FTSE DEVELOPED MARKET VANGUARD FTSE DEVELOPED ETF 1.80%
  9. VANGUARD FTSE ALL WORLD EX-US VANGUARD FTSE ALL WO X-US SC 1.75%
  10. VANGUARD HEALTH CARE ETF VANGUARD HEALTH CARE ETF 1.17%

Asset Allocation

Weighting Return Low Return High JRODX % Rank
Stocks
98.15% 65.98% 98.58% 36.51%
Bonds
2.00% 0.00% 92.61% 62.40%
Cash
1.82% -86.71% 14.73% 41.14%
Convertible Bonds
0.04% 0.00% 0.77% 65.40%
Preferred Stocks
0.00% 0.00% 0.36% 75.75%
Other
0.00% -0.07% 13.26% 86.65%

Stock Sector Breakdown

Weighting Return Low Return High JRODX % Rank
Technology
18.08% 14.77% 21.46% 18.80%
Financial Services
16.62% 12.29% 18.11% 29.70%
Healthcare
13.71% 8.82% 15.72% 26.70%
Consumer Cyclical
10.56% 9.27% 14.12% 69.21%
Industrials
9.64% 9.57% 15.26% 71.39%
Consumer Defense
6.91% 4.55% 11.70% 72.48%
Communication Services
6.57% 6.12% 11.04% 63.22%
Basic Materials
5.35% 2.40% 5.65% 58.04%
Energy
4.91% 1.87% 4.03% 49.59%
Real Estate
4.00% 1.82% 9.04% 41.69%
Utilities
3.67% 0.55% 4.39% 39.78%

Stock Geographic Breakdown

Weighting Return Low Return High JRODX % Rank
US
98.14% 34.23% 75.57% 24.80%
Non US
0.00% 18.37% 51.41% 64.31%

Bond Sector Breakdown

Weighting Return Low Return High JRODX % Rank
Government
30.45% 0.00% 72.52% 33.24%
Corporate
22.84% 0.08% 63.17% 31.34%
Securitized
1.91% 0.00% 29.24% 74.93%
Cash & Equivalents
1.82% 1.23% 99.01% 43.60%
Municipal
0.06% 0.00% 4.01% 41.14%
Derivative
0.00% 0.00% 31.93% 63.22%

Bond Geographic Breakdown

Weighting Return Low Return High JRODX % Rank
US
2.00% -0.24% 50.12% 66.21%
Non US
0.00% 0.00% 42.49% 41.14%

JRODX - Expenses

Operational Fees

JRODX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.77% 0.02% 35.30% 59.39%
Management Fee 0.27% 0.00% 0.94% 61.29%
12b-1 Fee 0.05% 0.00% 1.00% 17.28%
Administrative Fee N/A 0.01% 0.30% N/A

Sales Fees

JRODX 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% 4.00% N/A

Trading Fees

JRODX 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.

JRODX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 15.00% 3.00% 208.00% 57.68%

JRODX - Distributions

Dividend Yield Analysis

JRODX Category Low Category High JRODX % Rank
Dividend Yield 1.96% 0.00% 1.44% 63.44%

Dividend Distribution Analysis

JRODX Category Low Category High Category Mod
Dividend Distribution Frequency Annual Annually Monthly Annually

Net Income Ratio Analysis

JRODX Category Low Category High JRODX % Rank
Net Income Ratio 1.39% -0.04% 8.75% 23.08%

Capital Gain Distribution Analysis

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

Distributions History

View More +

JRODX - Fund Manager Analysis

Managers

Nathan Thooft


Start Date

Tenure

Tenure Rank

Mar 28, 2016

6.18

6.2%

Mr. Thooft is a managing Director of Asset Allocation, Portfolio Solutions Group (PSG). He joined John Hancock Investment Management a division of Manulife Investment Management (US) LLC in 2013. Previously, he was Vice President and Director of Investments, Investment Management Services, John Hancock Financial (2008-2011). He began business career in 2000.

Robert Sykes


Start Date

Tenure

Tenure Rank

Feb 20, 2018

4.28

4.3%

Robert Sykes, CFA, is a managing director and portfolio manager with the Asset Allocation Team at John Hancock Investment Management. The Asset Allocation Team is responsible for the development and growth of John Hancock’s asset allocation solutions for individual and institutional investors in the US, Canada and Asia. Solutions include target risk, target date as well as a wide array of strategic, tactical, absolute return multi-asset class portfolios, and highly customized corporate pension plans. Robert assists in the day-to-day monitoring and portfolio management of John Hancock’s Target Risk and Target Date Portfolios and conducts fundamental research across various asset classes and investment strategies. In addition, Robert is active in the portfolio construction process, including asset allocation & manager selection. Prior to joining John Hancock, Robert spent four years at FactSet Research Systems as a senior consultant and portfolio analytics specialist. These analytical roles included consulting in the areas of portfolio construction, performance attribution, and risk analysis for over 40 institutional investment managers. Previously, he served as a financial analyst at Fidelity Investments. Robert is a CFA charterholder, and he is a member of the Boston Security Analysts Society and the CFA Institute. Education: Providence College, BS in Finance (with Distinction), 2001; Boston College, MS in Finance, 2015 Joined Company: 2008 Began Career: 2001

Tenure Analysis

Category Low Category High Category Average Category Mode
0.06 8.11 2.38 1.25