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John Hancock Managed Account Shares Securitized Debt Portfolio
mutual fund
JMAEX
Payout Change
Pending
Price as of:
$9.39
+0.0
+0.0%
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:
$9.39
+0.0
+0.0%
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:
$9.39
+0.0
+0.0%
primary theme
U.S. Short-Term Bond Duration
share class
Name
As of 12/24/2024Price
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
$9.39
$175 M
4.08%
$0.38
0.80%
Vitals
YTD Return
6.9%
1 yr return
7.0%
3 Yr Avg Return
1.6%
5 Yr Avg Return
1.7%
Net Assets
$175 M
Holdings in Top 10
14.9%
52 WEEK LOW AND HIGH
$9.4
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 12/24/2024Price
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
$9.39
$175 M
4.08%
$0.38
0.80%
JMAEX - Profile
Distributions
- YTD Total Return 6.9%
- 3 Yr Annualized Total Return 1.6%
- 5 Yr Annualized Total Return 1.7%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 2.48%
- Dividend Yield 4.1%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameJohn Hancock Managed Account Shares Securitized Debt Portfolio
-
Fund Family NameJohn Hancock
-
Inception DateJul 09, 2019
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerHoward 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.
Read More
JMAEX - Performance
Return Ranking - Trailing
| Period | JMAEX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 6.9% | -0.9% | 18.3% | 4.80% |
| 1 Yr | 7.0% | -0.5% | 19.2% | 4.99% |
| 3 Yr | 1.6%* | -5.7% | 5.4% | 50.68% |
| 5 Yr | 1.7%* | -4.2% | 5.0% | 50.41% |
| 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 | 6.9% | -0.9% | 18.3% | 4.80% |
| 1 Yr | 7.0% | -0.5% | 19.2% | 4.99% |
| 3 Yr | 1.6%* | -5.7% | 5.4% | 50.68% |
| 5 Yr | 1.7%* | -4.2% | 5.0% | 50.41% |
| 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 | 58.2 B | 85.44% |
| Number of Holdings | 224 | 2 | 7413 | 74.14% |
| Net Assets in Top 10 | 21.4 M | 1.05 M | 6.81 B | 90.42% |
| Weighting of Top 10 | 14.86% | 2.0% | 108.1% | 79.31% |
Top 10 Holdings
- VERIZON MASTER TRUST SERIES 20 VZMT 2024 5 A 144A 1.91%
- JH COLLATERAL 1.82%
- WINGSTOP FUNDING LLC WSTOP 2020 1A A2 144A 1.57%
- DATABANK ISSUER COLO 2021 1A A2 144A 1.46%
- NEW ECONOMY ASSETS PHASE 1 SPO USRE 2021 1 A1 144A 1.43%
- GMF FLOORPLAN OWNER REVOLVING GFORT 2024 2A A 144A 1.39%
- NEIGHBORLY ISSUER LLC NBLY 2021 1A A2 144A 1.36%
- DB MASTER FINANCE LLC DNKN 2021 1A A2I 144A 1.34%
- RETAINED VANTAGE DATA CENTERS VDCR 2023 1A A2A 144A 1.32%
- 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% | 61.11% |
| Stocks | 0.00% | 0.00% | 99.96% | 38.31% |
| Preferred Stocks | 0.00% | 0.00% | 24.12% | 33.91% |
| Convertible Bonds | 0.00% | 0.00% | 27.71% | 94.24% |
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% | 55.75% |
| Corporate | 0.66% | 0.00% | 99.82% | 98.66% |
| Derivative | 0.00% | -0.72% | 21.34% | 50.96% |
| Municipal | 0.00% | 0.00% | 14.41% | 63.15% |
| Government | 0.00% | 0.00% | 73.63% | 95.97% |
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% | 32.18% |
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% | 37.50% |
| 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 | 4.08% | 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% | 5.26% |
Capital Gain Distribution Analysis
| JMAEX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Nov 29, 2024 | $0.032 | OrdinaryDividend |
| Oct 31, 2024 | $0.032 | OrdinaryDividend |
| Sep 30, 2024 | $0.032 | OrdinaryDividend |
| Aug 30, 2024 | $0.032 | OrdinaryDividend |
| Jul 31, 2024 | $0.032 | OrdinaryDividend |
| Apr 30, 2024 | $0.029 | OrdinaryDividend |
| Mar 28, 2024 | $0.029 | OrdinaryDividend |
| Feb 29, 2024 | $0.029 | OrdinaryDividend |
| Jan 31, 2024 | $0.029 | OrdinaryDividend |
| Dec 29, 2023 | $0.075 | OrdinaryDividend |
| Nov 30, 2023 | $0.029 | OrdinaryDividend |
| Oct 31, 2023 | $0.028 | OrdinaryDividend |
| Sep 29, 2023 | $0.028 | OrdinaryDividend |
| Aug 31, 2023 | $0.027 | OrdinaryDividend |
| Jul 31, 2023 | $0.028 | OrdinaryDividend |
| Jun 30, 2023 | $0.028 | OrdinaryDividend |
| May 31, 2023 | $0.028 | OrdinaryDividend |
| Apr 28, 2023 | $0.028 | OrdinaryDividend |
| Mar 31, 2023 | $0.031 | OrdinaryDividend |
| Jan 31, 2023 | $0.030 | OrdinaryDividend |
| Dec 19, 2022 | $0.025 | OrdinaryDividend |
| Nov 30, 2022 | $0.028 | OrdinaryDividend |
| Oct 31, 2022 | $0.026 | OrdinaryDividend |
| Sep 30, 2022 | $0.024 | OrdinaryDividend |
| Aug 31, 2022 | $0.024 | OrdinaryDividend |
| Jul 29, 2022 | $0.022 | OrdinaryDividend |
| Jun 30, 2022 | $0.021 | OrdinaryDividend |
| May 31, 2022 | $0.019 | OrdinaryDividend |
| Apr 29, 2022 | $0.019 | OrdinaryDividend |
| Mar 31, 2022 | $0.020 | OrdinaryDividend |
| Feb 28, 2022 | $0.018 | OrdinaryDividend |
| Jan 31, 2022 | $0.017 | OrdinaryDividend |
| Dec 17, 2021 | $0.024 | OrdinaryDividend |
| Dec 17, 2021 | $0.006 | CapitalGainLongTerm |
| Nov 30, 2021 | $0.017 | OrdinaryDividend |
| Oct 29, 2021 | $0.017 | OrdinaryDividend |
| Sep 30, 2021 | $0.017 | OrdinaryDividend |
| Aug 31, 2021 | $0.017 | OrdinaryDividend |
| Jul 30, 2021 | $0.017 | OrdinaryDividend |
| Jun 30, 2021 | $0.018 | OrdinaryDividend |
| May 28, 2021 | $0.019 | OrdinaryDividend |
| Apr 30, 2021 | $0.020 | OrdinaryDividend |
| Mar 31, 2021 | $0.021 | OrdinaryDividend |
| Feb 26, 2021 | $0.021 | OrdinaryDividend |
| Jan 29, 2021 | $0.022 | OrdinaryDividend |
| Dec 18, 2020 | $0.003 | CapitalGainShortTerm |
| Dec 18, 2020 | $0.013 | CapitalGainLongTerm |
| Aug 31, 2020 | $0.024 | OrdinaryDividend |
| Jul 31, 2020 | $0.025 | OrdinaryDividend |
| Jun 30, 2020 | $0.024 | OrdinaryDividend |
| May 29, 2020 | $0.025 | OrdinaryDividend |
| Apr 30, 2020 | $0.025 | OrdinaryDividend |
| Mar 31, 2020 | $0.025 | OrdinaryDividend |
| Feb 28, 2020 | $0.026 | OrdinaryDividend |
| Jan 31, 2020 | $0.026 | OrdinaryDividend |
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 |
