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John Hancock Mortgage-Backed Securities ETF
Active ETF
JHMB
Payout Change
Pending
Price as of:
$21.6625
-0.01
-0.03%
primary theme
N/A
JHMB (ETF)
John Hancock Mortgage-Backed Securities ETF
Payout Change
Pending
Price as of:
$21.6625
-0.01
-0.03%
primary theme
N/A
JHMB (ETF)
John Hancock Mortgage-Backed Securities ETF
Payout Change
Pending
Price as of:
$21.6625
-0.01
-0.03%
primary theme
N/A
Name
As of 11/21/2024Price
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
Vitals
YTD Return
3.2%
1 yr return
7.7%
3 Yr Avg Return
-0.2%
5 Yr Avg Return
N/A
Net Assets
$40.4 M
Holdings in Top 10
11.8%
52 WEEK LOW AND HIGH
$21.7
$20.95
$22.79
Expenses
OPERATING FEES
Expense Ratio 0.78%
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
Exchange Traded Fund
Name
As of 11/21/2024Price
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
JHMB - Profile
Distributions
- YTD Total Return 3.2%
- 3 Yr Annualized Total Return -0.2%
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio N/A
- Dividend Yield 3.9%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameJohn Hancock Mortgage-Backed Securities ETF
-
Fund Family NameJohn Hancock Group of Funds
-
Inception DateAug 19, 2021
-
Shares OutstandingN/A
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerDavid Bees
Fund Description
The fund is an ETF, which is a fund that trades like other publicly-traded securities. The fund is not an index fund. The fund is actively managed and does not seek to replicate the performance of a specified index.Under normal market conditions, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in mortgage-backed securities. The fund may invest in mortgage-related securities issued or guaranteed by U.S. governmental entities and privately issued mortgage-related securities. These may include residential mortgage-backed securities, commercial mortgage-backed securities and to-be-announced mortgage contracts, and may be rated investment grade or below. Investment-grade securities are rated from AAA to BBB- by S&P Global Ratings (S&P) or by Fitch Ratings (Fitch) or from Aaa to Baa3 by Moody’s Investors Service, Inc. (Moody’s), or comparable rating by any nationally recognized statistical rating organization (NRSRO), or their unrated equivalents. Below investment-grade securities are rated BB and below by S&P or Fitch or Ba and below by Moody’s, or comparable rating by any NRSRO, or their unrated equivalents. The fund will limit its investment in below investment grade securities to 20% of its net assets at time of purchase. The fund’s investment policies are based on credit ratings at the time of purchase. There is no limit on the fund’s average maturity.The manager focuses on bottom-up sector allocation and security selection in making investment decisions. When making sector allocations, the manager considers each sector’s place in the business cycle, forward looking trends and historical and technical factors before relative value decisions are made. The manager uses bottom-up fundamental research to find individual securities that appear comparatively undervalued. Under normal market conditions, the fund will not invest more than 5% of its net assets in derivatives transactions. Derivatives transactions include credit default swaps, foreign currency forward contracts, futures contracts, and options. The fund may engage in derivatives transactions to reduce risk and/or obtain efficient market exposure. 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 up to 20% of its net assets in non-mortgage-backed securities including other asset-backed securities and collateralized loan obligations (CLOs) and cash and cash equivalents.The fund may invest in U.S. dollar-denominated securities of foreign governments and corporations. Under normal market conditions, the fund will limit its investments in U.S. dollar-denominated foreign securities (excluding Canadian securities) to 25% of its total assets. The fund may invest in bonds issued by master limited partnerships.Due to the nature of certain of the fund’s investments, the fund intends to effect a portion of creations and redemptions for cash, rather than in-kind securities.
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JHMB - Performance
Return Ranking - Trailing
| Period | JHMB Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 3.2% | -50.1% | 6.9% | 95.15% |
| 1 Yr | 7.7% | -25.4% | 139.4% | N/A |
| 3 Yr | -0.2%* | -13.0% | 100.8% | N/A |
| 5 Yr | N/A* | -10.0% | 55.1% | N/A |
| 10 Yr | N/A* | -7.4% | 12.3% | N/A |
* Annualized
Return Ranking - Calendar
| Period | JHMB Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 2.9% | -75.2% | 1360.6% | N/A |
| 2022 | -13.8% | -14.5% | 1027.9% | N/A |
| 2021 | N/A | -9.6% | 118.7% | N/A |
| 2020 | N/A | -11.4% | 5.8% | N/A |
| 2019 | N/A | -49.5% | 12.4% | N/A |
Total Return Ranking - Trailing
| Period | JHMB Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 3.2% | -50.1% | 6.9% | 95.61% |
| 1 Yr | 7.7% | -25.4% | 139.4% | N/A |
| 3 Yr | -0.2%* | -13.0% | 100.8% | N/A |
| 5 Yr | N/A* | -10.0% | 55.1% | N/A |
| 10 Yr | N/A* | -7.4% | 13.1% | N/A |
* Annualized
Total Return Ranking - Calendar
| Period | JHMB Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 7.2% | -75.2% | 131.9% | N/A |
| 2022 | -10.2% | -14.5% | 1027.9% | N/A |
| 2021 | N/A | -9.6% | 118.7% | N/A |
| 2020 | N/A | -11.4% | 5.8% | N/A |
| 2019 | N/A | -7.0% | 12.4% | N/A |
JHMB - Holdings
Concentration Analysis
| JHMB | Category Low | Category High | JHMB % Rank | |
|---|---|---|---|---|
| Net Assets | 40.4 M | 1.19 M | 287 B | 96.97% |
| Number of Holdings | 225 | 1 | 17234 | 90.76% |
| Net Assets in Top 10 | 5.63 M | -106 M | 27.6 B | 95.02% |
| Weighting of Top 10 | 11.83% | 3.7% | 100.0% | 67.89% |
Top 10 Holdings
- FREDDIE MAC POOL FR 07/52 FIXED 4.5 1.61%
- FREDDIE MAC POOL FR 10/51 FIXED 2.5 1.45%
- FREDDIE MAC POOL FR 12/51 FIXED 2 1.29%
- FANNIE MAE POOL FN 04/51 FIXED VAR 1.16%
- FREDDIE MAC POOL FR 01/51 FIXED 2 1.16%
- FANNIE MAE POOL FN 12/51 FIXED VAR 1.13%
- FANNIE MAE POOL FN 09/51 FIXED VAR 1.05%
- FANNIE MAE POOL FN 10/51 FIXED 2 1.03%
- FANNIE MAE POOL FN 03/52 FIXED 2 0.99%
- FANNIE MAE POOL FN 11/53 FIXED 5.5 0.97%
Asset Allocation
| Weighting | Return Low | Return High | JHMB % Rank | |
|---|---|---|---|---|
| Bonds | 87.38% | 3.97% | 268.18% | 22.65% |
| Other | 11.82% | -13.23% | 23.06% | 52.63% |
| Cash | 0.79% | -181.13% | 95.99% | 65.58% |
| Stocks | 0.00% | -0.98% | 24.74% | 65.16% |
| Preferred Stocks | 0.00% | 0.00% | 77.13% | 69.38% |
| Convertible Bonds | 0.00% | 0.00% | 10.39% | 93.39% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | JHMB % Rank | |
|---|---|---|---|---|
| Cash & Equivalents | 0.49% | 0.00% | 95.99% | 86.23% |
| Derivative | 0.12% | 0.00% | 25.16% | 67.66% |
| Securitized | 0.00% | 0.00% | 98.79% | 0.09% |
| Corporate | 0.00% | 0.00% | 100.00% | 99.37% |
| Municipal | 0.00% | 0.00% | 100.00% | 87.41% |
| Government | 0.00% | 0.00% | 86.23% | 98.01% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | JHMB % Rank | |
|---|---|---|---|---|
| US | 87.38% | 3.63% | 210.09% | 9.60% |
| Non US | 0.00% | -6.54% | 58.09% | 97.74% |
JHMB - Expenses
Operational Fees
| JHMB Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.78% | 0.01% | 2.93% | 78.72% |
| Management Fee | 0.34% | 0.00% | 1.76% | 40.85% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.01% | 0.50% | N/A |
Sales Fees
| JHMB Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 2.00% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| JHMB 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.
| JHMB Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | N/A | 2.00% | 493.39% | N/A |
JHMB - Distributions
Dividend Yield Analysis
| JHMB | Category Low | Category High | JHMB % Rank | |
|---|---|---|---|---|
| Dividend Yield | 3.90% | 0.00% | 12.67% | 30.28% |
Dividend Distribution Analysis
| JHMB | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Monthly | Annually | Monthly | Monthly |
Net Income Ratio Analysis
| JHMB | Category Low | Category High | JHMB % Rank | |
|---|---|---|---|---|
| Net Income Ratio | N/A | -1.28% | 8.97% | N/A |
Capital Gain Distribution Analysis
| JHMB | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Oct 29, 2024 | $0.070 | OrdinaryDividend |
| Sep 26, 2024 | $0.086 | OrdinaryDividend |
| Aug 28, 2024 | $0.093 | OrdinaryDividend |
| Jul 29, 2024 | $0.087 | OrdinaryDividend |
| Jun 26, 2024 | $0.083 | OrdinaryDividend |
| Apr 25, 2024 | $0.086 | OrdinaryDividend |
| Mar 25, 2024 | $0.084 | OrdinaryDividend |
| Feb 26, 2024 | $0.077 | OrdinaryDividend |
| Jan 26, 2024 | $0.028 | OrdinaryDividend |
| Dec 26, 2023 | $0.139 | OrdinaryDividend |
| Nov 27, 2023 | $0.069 | OrdinaryDividend |
| Oct 26, 2023 | $0.081 | OrdinaryDividend |
| Sep 26, 2023 | $0.068 | OrdinaryDividend |
| Aug 28, 2023 | $0.070 | OrdinaryDividend |
| Jul 26, 2023 | $0.079 | OrdinaryDividend |
| Jun 27, 2023 | $0.065 | OrdinaryDividend |
| May 25, 2023 | $0.118 | OrdinaryDividend |
| Apr 25, 2023 | $0.068 | OrdinaryDividend |
| Mar 28, 2023 | $0.065 | OrdinaryDividend |
| Feb 23, 2023 | $0.022 | OrdinaryDividend |
| Jan 26, 2023 | $0.036 | OrdinaryDividend |
| Dec 27, 2022 | $0.169 | OrdinaryDividend |
| Nov 25, 2022 | $0.080 | OrdinaryDividend |
| Oct 26, 2022 | $0.095 | OrdinaryDividend |
| Sep 27, 2022 | $0.064 | OrdinaryDividend |
| Aug 26, 2022 | $0.055 | OrdinaryDividend |
| Jul 26, 2022 | $0.125 | OrdinaryDividend |
| Jun 27, 2022 | $0.038 | OrdinaryDividend |
| May 25, 2022 | $0.106 | OrdinaryDividend |
| Apr 26, 2022 | $0.044 | OrdinaryDividend |
| Mar 28, 2022 | $0.040 | OrdinaryDividend |
| Feb 23, 2022 | $0.051 | OrdinaryDividend |
| Jan 26, 2022 | $0.016 | OrdinaryDividend |
| Dec 27, 2021 | $0.113 | OrdinaryDividend |
| Nov 24, 2021 | $0.033 | OrdinaryDividend |
| Oct 26, 2021 | $0.070 | OrdinaryDividend |
| Sep 27, 2021 | $0.025 | OrdinaryDividend |
JHMB - Fund Manager Analysis
Managers
David Bees
Start Date
Tenure
Tenure Rank
Aug 18, 2021
0.78
0.8%
David Bees, CFA, Managing Director, Associate Portfolio Manager, joined Manulife Asset Management (US) LLC(formerly known as Declaration Management & Research LLC) in 2001 and has 18 years of fixed income experience in mortgage and asset-backed securities markets. Mr. Bees is an Associate Portfolio Manager focused on dedicated securitized strategies, specifically covering the asset backed securities and residential mortgage backed securities market. From 2008-2016, he provided research and analysis for non-agency residential mortgage backed and asset backed securities. Prior to that, Mr. Bees was responsible for all mortgage securities trading at the company.
Jeffrey Given
Start Date
Tenure
Tenure Rank
Aug 18, 2021
0.78
0.8%
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.
Howard Greene
Start Date
Tenure
Tenure Rank
Aug 18, 2021
0.78
0.8%
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.
Peter Farley
Start Date
Tenure
Tenure Rank
Aug 18, 2021
0.78
0.8%
Peter M. Farley, CFA. Mr. Farley joined Manulife Asset Management in 2012. Previously,Mr. Farley joined Declaration in 1996. Senior Managing Director and Senior Portfolio Manager Managed fund since 2005
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 | 33.43 | 6.76 | 1.16 |
