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John Hancock Short Duration Bond Fund
mutual fund
JSNRX
Payout Change
Pending
Price as of:
$9.33
+0.0
+0.0%
primary theme
U.S. Short-Term Bond Duration
share class
JSNRX (Mutual Fund)
John Hancock Short Duration Bond Fund
Payout Change
Pending
Price as of:
$9.33
+0.0
+0.0%
primary theme
U.S. Short-Term Bond Duration
share class
JSNRX (Mutual Fund)
John Hancock Short Duration Bond Fund
Payout Change
Pending
Price as of:
$9.33
+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
Vitals
YTD Return
5.3%
1 yr return
5.4%
3 Yr Avg Return
2.4%
5 Yr Avg Return
2.5%
Net Assets
$1.02 B
Holdings in Top 10
20.7%
52 WEEK LOW AND HIGH
$9.3
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.28%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 55.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000,000
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
JSNRX - Profile
Distributions
- YTD Total Return 5.3%
- 3 Yr Annualized Total Return 2.4%
- 5 Yr Annualized Total Return 2.5%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 2.18%
- Dividend Yield 5.1%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameJohn Hancock Short Duration Bond Fund
-
Fund Family NameJohn Hancock
-
Inception DateJul 23, 2019
-
Shares Outstanding216292
-
Share ClassR6
-
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. These may include, but are not limited to, corporate bonds and debentures, mortgage-backed and asset-backed securities, and U.S. government and agency securities. The fund will invest at least 65% of its net assets in investment-grade debt securities and cash and cash equivalents. The fund may invest up to 35% of its net assets in below-investment-grade debt securities (junk bonds) rated as low as CC by S&P Global Ratings (S&P), Ca by Moody’s Investors Service, Inc. (Moody’s), and C by Fitch Ratings, Inc. (Fitch Ratings), or their unrated equivalents. The fund does not invest in securities rated below these ratings or their unrated equivalents. The fund’s investment policies are based on credit ratings at the time of purchase. The fund’s average effective duration is expected to be less than 3 years. There is no limit on average maturity.The manager focuses on sector allocation, industry allocation, and security selection in making investment decisions. The manager uses bottom-up research to find individual securities that appear comparatively undervalued. The fund may invest up to 35% of its net assets in securities of issuers domiciled outside of the United States, including depositary receipts. The fund’s assets will be U.S. dollar-denominated.The fund may engage in derivative transactions. Derivatives may be used to reduce risk, obtain efficient market exposure, and/or enhance investment returns, and may include futures contracts on securities and indexes; options on futures contracts, securities, and indexes; and interest-rate and credit default swaps. 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.Under normal circumstances, the fund may not invest more than 10% of its net assets in cash or cash equivalents. The fund may trade securities actively.
Read More
JSNRX - Performance
Return Ranking - Trailing
| Period | JSNRX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 5.3% | -0.9% | 18.3% | 22.65% |
| 1 Yr | 5.4% | -0.5% | 19.2% | 23.03% |
| 3 Yr | 2.4%* | -5.7% | 5.4% | 17.22% |
| 5 Yr | 2.5%* | -4.2% | 5.0% | 13.37% |
| 10 Yr | N/A* | -18.7% | 170.5% | N/A |
* Annualized
Return Ranking - Calendar
| Period | JSNRX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 1.3% | -1.6% | 7.6% | 69.04% |
| 2022 | -7.3% | -17.7% | -2.6% | 57.14% |
| 2021 | -1.7% | -4.0% | 4.4% | 58.95% |
| 2020 | 1.1% | -7.1% | 7.6% | 79.22% |
| 2019 | N/A | -2.3% | 9.3% | N/A |
Total Return Ranking - Trailing
| Period | JSNRX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 5.3% | -0.9% | 18.3% | 22.65% |
| 1 Yr | 5.4% | -0.5% | 19.2% | 23.03% |
| 3 Yr | 2.4%* | -5.7% | 5.4% | 17.22% |
| 5 Yr | 2.5%* | -4.2% | 5.0% | 13.37% |
| 10 Yr | N/A* | -18.7% | 170.5% | N/A |
* Annualized
Total Return Ranking - Calendar
| Period | JSNRX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 6.6% | 1.8% | 15.2% | 20.38% |
| 2022 | -3.6% | -17.3% | -1.3% | 16.83% |
| 2021 | 1.6% | -2.7% | 7.7% | 11.07% |
| 2020 | 4.3% | -2.4% | 14.5% | 46.50% |
| 2019 | N/A | 0.6% | 12.6% | N/A |
NAV & Total Return History
JSNRX - Holdings
Concentration Analysis
| JSNRX | Category Low | Category High | JSNRX % Rank | |
|---|---|---|---|---|
| Net Assets | 1.02 B | 14.5 K | 58.2 B | 55.17% |
| Number of Holdings | 334 | 2 | 7413 | 62.45% |
| Net Assets in Top 10 | 224 M | 1.05 M | 6.81 B | 51.72% |
| Weighting of Top 10 | 20.69% | 2.0% | 108.1% | 64.56% |
Top 10 Holdings
- UNITED STATES TREASURY NOTE/BO 12/27 3.875 7.07%
- UNITED STATES TREASURY NOTE/BO 07/28 4.125 2.31%
- UNITED STATES TREASURY NOTE/BO 07/29 4 2.02%
- UNITED STATES TREASURY NOTE/BO 08/27 3.125 1.82%
- WELLS FARGO and CO SR UNSECURED 04/28 VAR 1.43%
- JPMORGAN CHASE + CO SR UNSECURED 04/28 VAR 1.42%
- UNITED STATES TREASURY NOTE/BO 04/29 4.625 1.39%
- UNITED STATES TREASURY NOTE/BO 08/28 4.375 1.23%
- BANK OF AMERICA CORP SUBORDINATED 04/25 3.95 1.17%
- AIR CANADA 2020-1 CLASS C PASS PASS THRU CE 144A 07/26 10.5 0.85%
Asset Allocation
| Weighting | Return Low | Return High | JSNRX % Rank | |
|---|---|---|---|---|
| Bonds | 87.82% | 0.00% | 131.65% | 44.06% |
| Other | 11.56% | -0.97% | 73.75% | 43.10% |
| Convertible Bonds | 1.84% | 0.00% | 27.71% | 58.54% |
| Cash | 0.63% | -20.59% | 68.64% | 78.54% |
| Stocks | 0.00% | 0.00% | 99.96% | 38.51% |
| Preferred Stocks | 0.00% | 0.00% | 24.12% | 34.10% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | JSNRX % Rank | |
|---|---|---|---|---|
| Corporate | 66.84% | 0.00% | 99.82% | 9.02% |
| Securitized | 26.11% | 0.00% | 97.27% | 43.76% |
| Government | 6.49% | 0.00% | 73.63% | 75.62% |
| Municipal | 0.25% | 0.00% | 14.41% | 22.84% |
| Derivative | 0.00% | -0.72% | 21.34% | 51.15% |
| Cash & Equivalents | 0.00% | 0.00% | 68.64% | 86.40% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | JSNRX % Rank | |
|---|---|---|---|---|
| US | 87.82% | 0.00% | 126.86% | 41.95% |
| Non US | 0.00% | 0.00% | 87.70% | 32.38% |
JSNRX - Expenses
Operational Fees
| JSNRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.28% | 0.01% | 3.29% | 90.19% |
| Management Fee | 0.20% | 0.00% | 1.19% | 15.33% |
| 12b-1 Fee | 0.00% | 0.00% | 1.00% | 3.37% |
| Administrative Fee | N/A | 0.01% | 0.41% | N/A |
Sales Fees
| JSNRX 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
| JSNRX 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.
| JSNRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 55.00% | 2.00% | 500.00% | 34.20% |
JSNRX - Distributions
Dividend Yield Analysis
| JSNRX | Category Low | Category High | JSNRX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 5.11% | 0.00% | 11.11% | 8.62% |
Dividend Distribution Analysis
| JSNRX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Monthly | Quarterly | Monthly | Monthly |
Net Income Ratio Analysis
| JSNRX | Category Low | Category High | JSNRX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 2.18% | -1.27% | 4.98% | 8.97% |
Capital Gain Distribution Analysis
| JSNRX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Nov 29, 2024 | $0.040 | OrdinaryDividend |
| Oct 31, 2024 | $0.041 | OrdinaryDividend |
| Sep 30, 2024 | $0.039 | OrdinaryDividend |
| Aug 30, 2024 | $0.041 | OrdinaryDividend |
| Jul 31, 2024 | $0.041 | OrdinaryDividend |
| Apr 30, 2024 | $0.039 | OrdinaryDividend |
| Mar 28, 2024 | $0.040 | OrdinaryDividend |
| Feb 29, 2024 | $0.037 | OrdinaryDividend |
| Jan 31, 2024 | $0.039 | OrdinaryDividend |
| Dec 29, 2023 | $0.039 | OrdinaryDividend |
| Nov 30, 2023 | $0.038 | OrdinaryDividend |
| Oct 31, 2023 | $0.039 | OrdinaryDividend |
| Sep 29, 2023 | $0.037 | OrdinaryDividend |
| Aug 31, 2023 | $0.038 | OrdinaryDividend |
| Jul 31, 2023 | $0.037 | OrdinaryDividend |
| Jun 30, 2023 | $0.036 | OrdinaryDividend |
| May 31, 2023 | $0.036 | OrdinaryDividend |
| Apr 28, 2023 | $0.035 | OrdinaryDividend |
| Mar 31, 2023 | $0.037 | OrdinaryDividend |
| Feb 28, 2023 | $0.033 | OrdinaryDividend |
| Jan 31, 2023 | $0.036 | OrdinaryDividend |
| Dec 30, 2022 | $0.035 | OrdinaryDividend |
| Nov 30, 2022 | $0.034 | OrdinaryDividend |
| Oct 31, 2022 | $0.031 | OrdinaryDividend |
| Sep 30, 2022 | $0.029 | OrdinaryDividend |
| Aug 31, 2022 | $0.029 | OrdinaryDividend |
| Jul 29, 2022 | $0.028 | OrdinaryDividend |
| Jun 30, 2022 | $0.027 | OrdinaryDividend |
| May 31, 2022 | $0.026 | OrdinaryDividend |
| Apr 29, 2022 | $0.025 | OrdinaryDividend |
| Mar 31, 2022 | $0.026 | OrdinaryDividend |
| Feb 28, 2022 | $0.023 | OrdinaryDividend |
| Jan 31, 2022 | $0.025 | OrdinaryDividend |
| Dec 31, 2021 | $0.025 | OrdinaryDividend |
| Dec 17, 2021 | $0.001 | OrdinaryDividend |
| Dec 17, 2021 | $0.002 | CapitalGainShortTerm |
| Dec 17, 2021 | $0.005 | CapitalGainLongTerm |
| Nov 30, 2021 | $0.024 | OrdinaryDividend |
| Oct 29, 2021 | $0.025 | OrdinaryDividend |
| Sep 30, 2021 | $0.024 | OrdinaryDividend |
| Aug 31, 2021 | $0.025 | OrdinaryDividend |
| Jul 30, 2021 | $0.024 | OrdinaryDividend |
| Jun 30, 2021 | $0.024 | OrdinaryDividend |
| May 28, 2021 | $0.026 | OrdinaryDividend |
| Apr 30, 2021 | $0.025 | OrdinaryDividend |
| Mar 31, 2021 | $0.025 | OrdinaryDividend |
| Feb 26, 2021 | $0.022 | OrdinaryDividend |
| Jan 29, 2021 | $0.026 | OrdinaryDividend |
| Dec 31, 2020 | $0.026 | OrdinaryDividend |
| Dec 18, 2020 | $0.010 | OrdinaryDividend |
| Oct 30, 2020 | $0.025 | OrdinaryDividend |
| Sep 30, 2020 | $0.024 | OrdinaryDividend |
| Aug 31, 2020 | $0.025 | OrdinaryDividend |
| Jul 31, 2020 | $0.025 | OrdinaryDividend |
| Jun 30, 2020 | $0.024 | OrdinaryDividend |
| May 29, 2020 | $0.025 | OrdinaryDividend |
| Apr 30, 2020 | $0.026 | OrdinaryDividend |
| Mar 31, 2020 | $0.026 | OrdinaryDividend |
| Feb 28, 2020 | $0.023 | OrdinaryDividend |
| Jan 31, 2020 | $0.026 | OrdinaryDividend |
| Dec 31, 2019 | $0.028 | OrdinaryDividend |
| Dec 19, 2019 | $0.005 | OrdinaryDividend |
| Nov 29, 2019 | $0.028 | OrdinaryDividend |
| Oct 31, 2019 | $0.030 | OrdinaryDividend |
| Sep 30, 2019 | $0.029 | OrdinaryDividend |
| Aug 30, 2019 | $0.028 | OrdinaryDividend |
| Jul 31, 2019 | $0.013 | OrdinaryDividend |
JSNRX - Fund Manager Analysis
Managers
Howard Greene
Start Date
Tenure
Tenure Rank
Jul 16, 2019
2.88
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 16, 2019
2.88
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 |
