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John Hancock Managed Account Shares Investment-Grade Corporate Bond Portfolio
- JMABX
- Price as of: Oct 23, 2020
-
$10.36
N/A N/A
- Primary Theme
- Corporate Bond
- Fund Company
- John Hancock
- Share Class
JMABX - Snapshot
Vitals
- YTD Return 1.9%
- 3 Yr Annualized Return N/A
- 5 Yr Annualized Return N/A
- Net Assets $12.4 M
- Holdings in Top 10 18.1%
52 WEEK LOW AND HIGH
$10.36
$8.72
$10.52
Expenses
OPERATING RELATED FEES
- Expense Ratio 1.87%
SALES FEES
- Front Load N/A
- Deferred Load N/A
BROKERAGE FEES
- Turnover 39.00%
TRADING FEES
- Max Redemption Fee N/A
Min Investment
- Standard (Taxable) $0
- IRA N/A
Fund Classification
-
Primary Theme
Corporate Bond
- Fund Type Open End Mutual Fund
- Investment Style Corporate Bond
JMABX - Profile
Distributions
- YTD Total Return 1.9%
- 3 Yr Annualized Total Return N/A
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 3.33%
- Dividend Yield 0.1%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameJohn Hancock Managed Account Shares Investment-Grade Corporate Bond Portfolio
-
Fund Family NameJohn Hancock
-
Inception DateJul 08, 2019
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerJeffrey Given
Fund Description
Under normal market conditions, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in investment-grade bonds (securities rated from AAA to BBB-). These may include, but are not limited to, corporate bonds and debentures. It will not invest in mortgage-backed and asset backed securities and U.S. government and agency securities. The fund is non-diversified.
JMABX - Performance
Return Ranking - Trailing
| Period | JMABX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 1.9% | -15.6% | 9.4% | 84.26% |
| 1 Yr | 6.0% | -5.8% | 12.6% | 79.72% |
| 3 Yr | N/A* | -1.2% | 7.8% | N/A |
| 5 Yr | N/A* | 2.6% | 7.8% | N/A |
| 10 Yr | N/A* | 2.2% | 7.9% | N/A |
* Annualized
Return Ranking - Calendar
| Period | JMABX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2019 | N/A | -3.9% | 14.2% | N/A |
| 2018 | N/A | -52.7% | 0.3% | N/A |
| 2017 | N/A | -3.5% | 6.1% | N/A |
| 2016 | N/A | -0.7% | 35.8% | N/A |
| 2015 | N/A | -11.7% | 1.3% | N/A |
Total Return Ranking - Trailing
| Period | JMABX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 1.9% | -15.6% | 9.8% | 85.19% |
| 1 Yr | 6.0% | -5.8% | 12.6% | 66.82% |
| 3 Yr | N/A* | -1.2% | 7.8% | N/A |
| 5 Yr | N/A* | 2.6% | 7.8% | N/A |
| 10 Yr | N/A* | 2.2% | 7.9% | N/A |
* Annualized
Total Return Ranking - Calendar
| Period | JMABX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2019 | N/A | -3.9% | 14.2% | N/A |
| 2018 | N/A | -14.6% | 92.1% | N/A |
| 2017 | N/A | -3.5% | 7.2% | N/A |
| 2016 | N/A | -0.7% | 35.8% | N/A |
| 2015 | N/A | -11.7% | 3.1% | N/A |
NAV & Total Return History
JMABX - Holdings
Concentration Analysis
| JMABX | Category Low | Category High | JMABX % Rank | |
|---|---|---|---|---|
| Net Assets | 12.4 M | 7.34 M | 55.2 B | 97.32% |
| Number of Holdings | 193 | 4 | 7554 | 88.24% |
| Net Assets in Top 10 | 1.99 M | -25.3 M | 3.55 B | 91.40% |
| Weighting of Top 10 | 18.06% | 2.1% | 100.0% | 27.15% |
Top 10 Holdings
- Credit Agricole S.A. 3.25% 2.45%
- Barclays PLC 4.38% 2.06%
- State of Qatar 3.38% 1.95%
- NatWest Group plc 3.75% 1.91%
- Ashtead Capital Incorporated 4.25% 1.91%
- Saudi Arabian Oil Company 2.88% 1.90%
- Daimler Finance North America LLC 3.5% 1.50%
- AT&T Inc 3.8% 1.47%
- Santander Holdings Usa Inc 3.45% 1.46%
- Charter Communications Operating, LLC/Charter Communications Operating Capi 1.46%
Asset Allocation
| Weighting | Return Low | Return High | JMABX % Rank | |
|---|---|---|---|---|
| Bonds | 88.42% | 24.75% | 128.14% | 94.12% |
| Convertible Bonds | 9.82% | 0.00% | 70.11% | 0.90% |
| Cash | 1.14% | -40.73% | 17.31% | 62.44% |
| Preferred Stocks | 0.54% | 0.00% | 31.40% | 14.03% |
| Stocks | 0.07% | 0.00% | 1.76% | 4.52% |
| Other | 0.00% | -0.84% | 5.68% | 61.09% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | JMABX % Rank | |
|---|---|---|---|---|
| Utilities | 100.00% | 0.00% | 100.00% | 2.13% |
| Technology | 0.00% | 0.00% | 23.97% | 51.06% |
| Real Estate | 0.00% | 0.00% | 11.29% | 59.57% |
| Industrials | 0.00% | 0.00% | 13.55% | 55.32% |
| Healthcare | 0.00% | 0.00% | 14.74% | 57.45% |
| Financial Services | 0.00% | 0.00% | 100.00% | 72.34% |
| Energy | 0.00% | 0.00% | 100.00% | 65.96% |
| Communication Services | 0.00% | 0.00% | 10.78% | 51.06% |
| Consumer Defense | 0.00% | 0.00% | 7.38% | 51.06% |
| Consumer Cyclical | 0.00% | 0.00% | 100.00% | 63.83% |
| Basic Materials | 0.00% | 0.00% | 4.93% | 55.32% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | JMABX % Rank | |
|---|---|---|---|---|
| US | 0.07% | 0.00% | 1.76% | 1.81% |
| Non US | 0.00% | 0.00% | 0.16% | 61.09% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | JMABX % Rank | |
|---|---|---|---|---|
| Corporate | 88.08% | 43.34% | 99.92% | 52.49% |
| Securitized | 5.05% | 0.00% | 42.90% | 14.93% |
| Government | 3.86% | 0.00% | 33.61% | 53.85% |
| Municipal | 1.87% | 0.00% | 2.73% | 3.17% |
| Cash & Equivalents | 1.14% | 0.00% | 17.97% | 73.30% |
| Derivative | 0.00% | 0.00% | 16.45% | 67.87% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | JMABX % Rank | |
|---|---|---|---|---|
| US | 78.76% | 21.89% | 102.65% | 51.58% |
| Non US | 9.66% | 0.00% | 41.66% | 84.62% |
JMABX - Expenses
Operational Fees
| JMABX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.87% | 0.03% | 8.55% | 12.21% |
| Management Fee | 0.63% | 0.00% | 1.35% | 95.11% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.01% | 0.45% | N/A |
Sales Fees
| JMABX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 1.00% | 4.75% | N/A |
| Deferred Load | N/A | 1.00% | 5.50% | N/A |
Trading Fees
| JMABX 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.
| JMABX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 39.00% | 2.00% | 232.00% | 33.49% |
JMABX - Distributions
Dividend Yield Analysis
| JMABX | Category Low | Category High | JMABX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.09% | 0.00% | 4.79% | 14.22% |
Dividend Distribution Analysis
| JMABX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
| JMABX | Category Low | Category High | JMABX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 3.33% | 0.96% | 8.62% | 33.94% |
Capital Gain Distribution Analysis
| JMABX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Semi-Annually | Annually |
JMABX - Fund Manager Analysis
Managers
Jeffrey Given
Start Date
Tenure
Tenure Rank
Jul 08, 2019
1.23
1.2%
Jeffrey N. Given, CFA, is a senior managing director and senior portfolio manager and co-head of the US Core and Core Plus Fixed Income Team at Manulife Investment Management. He is responsible for Securitized, Core and Core Plus Fixed Income, Government Bond and Municipal Bond strategies. Prior to joining the portfolio management team, Jeff was focused on research and trading in mortgage-backed securities within the Manulife fixed income teams. Education: Boston University, BS in Business Administration; Boston College, MS in Finance Joined Company: 1993 Began Career: 1993
Howard Greene
Start Date
Tenure
Tenure Rank
Jul 08, 2019
1.23
1.2%
Howard C. Greene, CFA, is head of US Core and Core Plus Fixed Income at Manulife Investment Management. He serves as a lead portfolio manager for the Core Plus Fixed Income Strategy and the Core Fixed Income Strategy. Prior to joining the company, he spent more than 14 years at Sun Life Financial Services Company of Canada. There he worked as a senior vice president for Sun Capital Advisers, Inc. and managed more than $13 billion in investment-grade and highyield fixed-income portfolios. Earlier in his career, Howard worked at Baring Asset Management Corp. as a fixed income analyst.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.02 | 23.09 | 5.67 | 0.75 |
