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JMBAX JHancock Short Duration Credit Opps A

  • Fund
  • JMBAX
  • Price as of: Aug 08, 2016
  • $9.59
  • + $0.01
  • + 0.10%
  • Category
  • Total Bond Market

JMBAX - Profile

Vitals

  • YTD Return 2.7%
  • 3 Yr Annualized Return 1.2%
  • 5 Yr Annualized Return 2.0%
  • Net Assets $1.38 B
  • Holdings in Top 10 51.8%

52 WEEK LOW AND HIGH

$9.59
$9.04
$9.60

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.21%

SALES FEES

  • Front Load 2.50%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 61.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$1,000

IRA

$1,000

Investment Themes

CATEGORY

Total Bond Market
  • Fund Type Open End Mutual Fund
  • Investment Style Multisector Bond

Distributions

  • YTD Total Return 2.7%
  • 3 Yr Annualized Total Return 0.3%
  • 5 Yr Annualized Total Return 1.5%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 3.10%
DIVIDENDS
  • Dividend Yield 0.3%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name John Hancock Funds Short Duration Credit Opportunities Fund
  • Fund Family Name John Hancock
  • Inception Date Oct 30, 2009
  • Shares Outstanding N/A
  • Share Class A
  • Currency USD
  • Domiciled Country United States
  • Manager Catherine M. Nolan

Fund Description

The fund will normally invest in a portfolio of fixed-income securities. Under normal circumstances, it will invest at least 80% of its assets in bonds and related investments and maintain an average portfolio duration of approximately three years or less. The fund may invest in securities of any duration and maturity. Duration is an approximate measure of the sensitivity of a fixed-income security to interest-rate risk.

JMBAX - Performance

Return Ranking - Trailing

Period JMBAX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 2.7% -29.9% 209.8% 36.95% 3
1 Yr 1.9% -15.9% 20.3% 63.72% 4
3 Yr 1.2% * -6.4% 10.4% 74.88% 4
5 Yr 2.0% * -3.4% 9.0% 65.37% 4
10 Yr N/A * -1.1% 10.2% N/A N/A

* Annualized


Return Ranking - Calendar

Period JMBAX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -5.6% -51.0% 6.6% 59.83% 5
2014 N/A -0.4% 2.9% N/A N/A
2013 N/A -4.9% -0.8% N/A N/A
2012 N/A 0.8% 13.9% N/A N/A
2011 N/A -1.7% 3.8% N/A N/A

Total Return Ranking - Trailing

Period JMBAX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 2.7% -8.1% 209.8% 37.55% 3
1 Yr -0.6% -19.0% 20.3% 81.84% 5
3 Yr 0.3% * -7.1% 10.4% 87.97% 5
5 Yr 1.5% * -4.3% 9.0% 72.08% 4
10 Yr N/A * -1.1% 10.2% N/A N/A

* Annualized


Total Return Ranking - Calendar

Period JMBAX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -5.6% -51.0% 6.6% 59.90% 5
2014 N/A -0.3% 4.5% N/A N/A
2013 N/A -4.6% 0.6% N/A N/A
2012 N/A 1.4% 15.7% N/A N/A
2011 N/A -0.9% 5.5% N/A N/A

NAV & Total Return History

JMBAX - Holdings

Filings data as of: May 31, 2016

Concentration Analysis

JMBAX Category Low Category High JMBAX % Rank Quintile
Net Assets 1.38 B 319 K 169 B 10.27% 2
Number of Holdings 796 1 17404 7.17% 2
Net Assets in Top 10 -349 M -36 B 21.5 B 31.94% 5
Weighting of Top 10 51.8% 0.0% 1826.2% 6.56% 2

Top 10 Holdings

  1. Us 10yr Note (Cbt)sep16 Xcbt 20160921 25.71%
  2. Us 5yr Note (Cbt) Sep16 Xcbt 20160930 9.03%
  3. Us Ultra Bond Cbt Sep16 Xcbt 20160921 8.62%
  4. Us 2yr Note (Cbt) Sep16 Xcbt 20160930 3.71%
  5. Bhms Mtg Tr 2014-Atls CMO 0.98%
  6. Invitation Homes Tr 2013-Sfr1 FRN 0.79%
  7. FNMA 0.78%
  8. Citigrp Coml Mtg Tr 2014-388g CMO 0.76%
  9. FNMA 0.75%
  10. Hilton Usa Tr 2013-Hlt CMO 3.3672% 0.71%

Asset Allocation

Weighting Category Low Category High JMBAX % Rank Quintile
Bonds
86.81% -175.98% 181.87% 16.99% 4
Cash
9.50% -82.73% 275.92% 13.22% 3
Other
3.02% -15.97% 117.15% 5.14% 1
Convertible Bonds
0.49% 0.00% 18.40% 3.10% 1
Preferred Stocks
0.17% -0.07% 17.65% 6.97% 2
Stocks
0.02% -5.60% 98.06% 5.29% 2

Stock Sector Breakdown

Weighting Category Low Category High JMBAX % Rank Quintile
Utilities
0.01% -0.10% 2.90% 5.12% 2
Energy
0.01% -0.88% 10.95% 5.01% 2
Financial Services
0.00% -0.33% 16.93% 8.19% 4
Industrials
0.00% -0.98% 13.17% 5.12% 4
Healthcare
0.00% -0.99% 15.02% 4.32% 4
Real Estate
0.00% -0.41% 16.08% 5.69% 4
Technology
0.00% -3.22% 16.08% 4.78% 4
Communication Services
0.00% -0.13% 8.73% 4.21% 4
Consumer Defense
0.00% -0.26% 12.32% 5.01% 4
Consumer Cyclical
0.00% -0.90% 11.86% 5.23% 4
Basic Materials
0.00% -0.43% 11.57% 4.44% 4

Stock Geographic Breakdown

Weighting Category Low Category High JMBAX % Rank Quintile
US
0.02% -4.66% 90.98% 4.83% 2
Non US
0.00% -1.18% 97.59% 2.85% 4

Bond Sector Breakdown

Weighting Category Low Category High JMBAX % Rank Quintile
Corporate
91.42% 0.00% 502.59% 0.31% 1
Securitized
26.63% 0.00% 275.57% 16.79% 3
Cash & Equivalents
9.50% -63.55% 811.66% 13.33% 3
Municipal
0.13% 0.00% 106.20% 12.41% 4
Derivative
-0.06% -895.14% 18.41% 2.44% 5
Government
-30.82% -990.83% 129.84% 28.94% 5

Bond Geographic Breakdown

Weighting Category Low Category High JMBAX % Rank Quintile
US
58.37% -513.97% 163.91% 23.35% 4
Non US
28.44% -5.42% 399.20% 3.92% 1

JMBAX - Expenses

Operational Fees

JMBAX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 1.21% 0.00% 42.51% 8.60% 4
Management Fee 0.69% 0.00% 2.15% 1.53% 5
12b-1 Fee 0.30% 0.00% 1.00% 1.75% 3
Administrative Fee N/A 0.00% 0.63% N/A N/A

Sales Fees

JMBAX Fees (% of AUM) Category Low Category High JMBAX Rank Quintile
Front Load 2.50% 0.00% 5.75% 3.89% 2
Deferred Load N/A 0.15% 5.50% N/A N/A

Trading Fees

JMBAX Fees (% of AUM) Category Low Category High JMBAX Rank Quintile
Max Redemption Fee N/A 0.25% 2.00% N/A N/A

Turnover 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.

JMBAX Fees (% of AUM) Category Low Category High JMBAX Rank Quintile
Turnover 61.00% 0.00% 1944.00% 11.86% 3

JMBAX - Distributions

Dividend Yield Analysis

JMBAX Category Low Category High JMBAX % Rank Quintile
Dividend Yield 0.3% 0.00% 1.30% 12.82% 2

Dividend Distribution Analysis

JMBAX Category Low Category High Category Mode
Dividend Distribution Frequency Monthly Annually Monthly Annually

Dividend Payout History


Net Income Ratio Analysis

JMBAX Category Low Category High JMBAX % Rank Quintile
Net Income Ratio 3.10% -1.76% 17.13% 7.79% 1

Capital Gain Distribution Analysis

JMBAX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Daily Annually

JMBAX - Managers

Catherine M. Nolan

Manager

Start Date

Oct 30, 2009

Tenure

6.76

Tenure Rank

4.3%

Catherine M. Nolan, Co-portfolio manager of the Funds. Portfolio Manager of Stone Harbor since April 2006. Prior to April 2006, Managing Director and Senior Analyst at Citigroup Asset Management (2001-2006), Director , Senior Vice President and Senior High Yield Credit Analyst at Credit Suisse Asset Management/DLJ Asset Management, Associate Director and Senior High Yield Credit Analyst for Bear Sterns Asset Management.


Peter J. Wilby

Manager

Start Date

Oct 30, 2009

Tenure

6.76

Tenure Rank

4.3%

Wilby, portfolio manager of the Emerging Markets Debt Fund, has served as chief investment officer of Stone Harbor since April 2006. Prior to April 2006, Mr. Wilby was the Chief Investment Officer of North American Fixed Income and senior portfolio manager responsible for directing investment policy and strategy for all emerging markets and high yield fixed income portfolios at Citigroup Asset Management Wilby holds the Chartered Financial Analyst designation.


Roger M. Lavan

Manager

Start Date

Oct 30, 2009

Tenure

6.76

Tenure Rank

4.3%

Roger M. Lavan, CFA Since April 2006, Portfolio Manager of Stone Harbor; Prior to April 2006, Managing Director and senior portfolio manager responsible for U.S. governments, mortgages and asset-backed securities at Citigroup Asset Management; Joined Citigroup or its predecessor firms in 1987.


Marianne Rossi

Manager

Start Date

Dec 31, 2010

Tenure

5.59

Tenure Rank

4.9%

Since June 2010, Portfolio Manager of Stone Harbor; From October 2007 to June 2010, Senior Portfolio Manager for US and global high yield strategies at Fischer Francis Tree & Watts/BNP Paribas Asset Management; From December 2006 to October 2007, Chief Investment Officer, Head of Global High Yield and Senior Portfolio Manager at BNY Asset Management; Prior to December 2006; Head of Global High Yield and Senior Portfolio Manager at UBS Global Asset Management; Joined UBS Global Asset Management in 2000.


James E. Craige

Manager

Start Date

Oct 30, 2009

Tenure

6.76

Tenure Rank

4.3%

James E. Craige, Portfolio Manager of the Stone Harbor Investment Partners LP since April 2006, Prior to April 2006, Managing Director and Senior Portfolio Manager for emerging markets debt portfolios at Salomon Brothers Asset Management Inc.; Joined Salomon Brothers Asset Management Inc. in 1992. Craige holds the Chartered Financial Analyst designation.


Tenure Analysis

Category Low

0.0

Category High

27.6

Category Average

5.91

Category Mode

1.6