JMADX: John Hancock Managed Account Shares Non-Investment-Grade Corporate Bond Portfolio

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JMADX John Hancock Managed Account Shares Non-Investment-Grade Corporate Bond Portfolio


Profile

JMADX - Profile

Vitals

  • YTD Return -4.4%
  • 3 Yr Annualized Return N/A
  • 5 Yr Annualized Return N/A
  • Net Assets $8.94 M
  • Holdings in Top 10 22.0%

52 WEEK LOW AND HIGH

$9.59
$7.59
$10.14

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.93%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 40.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $0
  • IRA N/A

Fund Classification

  • Primary Caregory
  • Fund Type Open End Mutual Fund
  • Investment Style High Yield Bond

Distributions

  • YTD Total Return -4.4%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 6.03%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    John Hancock Managed Account Shares Non-Investment-Grade Corporate Bond Portfolio
  • Fund Family Name
    John Hancock
  • Inception Date
    Jul 08, 2019
  • Shares Outstanding
    N/A
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Jeffrey Given

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, below-investment-grade debt securities (junk bonds) rated as low as CC by Standard & Poor's Ratings Services (S&P) and Ca by Moody's Investors Service, Inc. (Moody's), or their unrated equivalents. It will not invest in investment-grade securities. The fund is non-diversified.


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Categories

Fund Company Quick Screens

JMADX - Fund Company Quick Screens


Performance

JMADX - Performance

Return Ranking - Trailing

Period JMADX Return Category Return Low Category Return High Rank in Category (%)
YTD -4.4% -39.9% 375.8% 65.48%
1 Yr -3.4% -41.1% 367.7% 56.96%
3 Yr N/A* -17.2% 66.8% N/A
5 Yr N/A* -13.0% 38.0% N/A
10 Yr N/A* -6.5% 18.3% N/A

* Annualized

Return Ranking - Calendar

Period JMADX Return Category Return Low Category Return High Rank in Category (%)
2019 N/A -6.2% 13.3% N/A
2018 N/A -18.4% 0.0% N/A
2017 N/A -9.5% 6.3% N/A
2016 N/A -0.8% 28.6% N/A
2015 N/A -34.3% 3.5% N/A

Total Return Ranking - Trailing

Period JMADX Return Category Return Low Category Return High Rank in Category (%)
YTD -4.4% -39.9% 375.8% 65.48%
1 Yr -3.4% -41.1% 367.7% 56.96%
3 Yr N/A* -17.2% 66.8% N/A
5 Yr N/A* -13.0% 38.0% N/A
10 Yr N/A* -4.0% 18.3% N/A

* Annualized

Total Return Ranking - Calendar

Period JMADX Return Category Return Low Category Return High Rank in Category (%)
2019 N/A -6.2% 13.3% N/A
2018 N/A -18.4% 1.3% N/A
2017 N/A -8.5% 10.5% N/A
2016 N/A -0.8% 39.0% N/A
2015 N/A -32.4% 3.5% N/A

NAV & Total Return History


Holdings

JMADX - Holdings

Concentration Analysis

JMADX Category Low Category High JMADX % Rank
Net Assets 8.94 M 1.85 M 19.4 B 98.70%
Number of Holdings 145 3 2037 75.73%
Net Assets in Top 10 1.83 M -128 M 2.24 B 97.09%
Weighting of Top 10 22.04% 5.1% 98.4% 25.00%

Top 10 Holdings

  1. CEMEX S.A.B. de C.V. 7.38% 2.57%
  2. Credit Suisse Group AG 7.5% 2.54%
  3. MPLX LP 6.88% 2.52%
  4. NatWest Group plc 8.62% 2.51%
  5. ING Groep N.V. 6.5% 2.50%
  6. Ford Motor Credit Company LLC 4.13% 2.46%
  7. Netflix, Inc. 5.88% 1.86%
  8. Citigroup Inc. 6.25% 1.78%
  9. Telecom Italia Capital S.A. 7.2% 1.67%
  10. DAVITA INC 5% 1.63%

Asset Allocation

Weighting Return Low Return High JMADX % Rank
Bonds
91.51% 9.76% 135.81% 63.34%
Convertible Bonds
5.01% 0.00% 19.96% 4.85%
Cash
1.88% -43.14% 75.08% 80.91%
Preferred Stocks
1.61% 0.00% 5.64% 8.09%
Stocks
0.00% -0.12% 28.23% 76.53%
Other
0.00% -3.75% 30.38% 52.43%

Bond Sector Breakdown

Weighting Return Low Return High JMADX % Rank
Corporate
98.12% 0.00% 100.00% 6.17%
Cash & Equivalents
1.88% -9.91% 88.41% 87.66%
Derivative
0.00% 0.00% 58.52% 39.61%
Securitized
0.00% 0.00% 90.60% 59.42%
Municipal
0.00% 0.00% 1.43% 24.35%
Government
0.00% 0.00% 74.59% 60.71%

Bond Geographic Breakdown

Weighting Return Low Return High JMADX % Rank
US
76.79% 9.04% 101.64% 41.10%
Non US
14.72% 0.00% 74.88% 53.72%

Expenses

JMADX - Expenses

Operational Fees

JMADX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.93% 0.04% 7.50% 17.26%
Management Fee 0.63% 0.00% 1.84% 54.37%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.00% 0.50% N/A

Sales Fees

JMADX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.25% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

JMADX 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.

JMADX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 40.00% 14.00% 484.00% 26.47%

Distributions

JMADX - Distributions

Dividend Yield Analysis

JMADX Category Low Category High JMADX % Rank
Dividend Yield 0.03% 0.00% 4.98% 7.35%

Dividend Distribution Analysis

JMADX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Quarterly Monthly Monthly

Net Income Ratio Analysis

JMADX Category Low Category High JMADX % Rank
Net Income Ratio 6.03% -0.81% 9.20% 20.39%

Capital Gain Distribution Analysis

JMADX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Dividend Payout History

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Fund Manager Analysis

JMADX - Fund Manager Analysis

Managers

Jeffrey Given


Start Date

Tenure

Tenure Rank

Jul 08, 2019

1.15

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

1.15

1.2%

Howard C. Greene, CFA, is co-head of US Core and Core Plus Fixed Income Team at Manulife Investment Management, where he manages over $40 billion in assets. 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. Education: University of Massachusetts, BBA in Business Administration, 1979; Northeastern University, MBA, 1983 Joined Company: 2002 Began Career: 1983

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 31.11 6.1 0.99