JHancock Short Duration Bond Fund
- JSNIX
- Price as of: Nov 27, 2020
-
$10.08
N/A N/A
- Primary Theme
- U.S. Short-Term Bond Duration
- Fund Company
- John Hancock
- Share Class
JSNIX - Snapshot
Vitals
- YTD Return 1.0%
- 3 Yr Annualized Return N/A
- 5 Yr Annualized Return N/A
- Net Assets $184 M
- Holdings in Top 10 15.5%
52 WEEK LOW AND HIGH
Expenses
OPERATING RELATED FEES
- Expense Ratio 0.60%
SALES FEES
- Front Load N/A
- Deferred Load N/A
BROKERAGE FEES
- Turnover 58.00%
TRADING FEES
- Max Redemption Fee N/A
Min Investment
- Standard (Taxable) $250,000
- IRA N/A
Fund Classification
-
Primary Theme
U.S. Short-Term Bond Duration
- Fund Type Open End Mutual Fund
- Investment Style Short-Term Bond
JSNIX - Profile
Distributions
- YTD Total Return 1.0%
- 3 Yr Annualized Total Return N/A
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 2.04%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameJHancock Short Duration Bond Fund
-
Fund Family NameJohn Hancock
-
Inception DateJul 16, 2019
-
Shares OutstandingN/A
-
Share ClassInst
-
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 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 may invest up to 35% of its net assets in below-investment-grade debt securities rated as low as CC by S&P, Moody's, and Fitch, or their unrated equivalents.
JSNIX - Performance
Return Ranking - Trailing
| Period | JSNIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 1.0% | -8.4% | 206.6% | 76.25% |
| 1 Yr | 3.5% | -5.2% | 7.1% | 38.54% |
| 3 Yr | N/A* | -0.7% | 4.6% | N/A |
| 5 Yr | N/A* | -0.8% | 5.0% | N/A |
| 10 Yr | N/A* | 0.2% | 4.2% | N/A |
* Annualized
Return Ranking - Calendar
| Period | JSNIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2019 | N/A | -2.4% | 5.0% | N/A |
| 2018 | N/A | -50.6% | 1.0% | N/A |
| 2017 | N/A | -1.6% | 2.8% | N/A |
| 2016 | N/A | -65.8% | 7.1% | N/A |
| 2015 | N/A | -75.0% | 3.0% | N/A |
Total Return Ranking - Trailing
| Period | JSNIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 1.0% | -8.4% | 206.6% | 76.25% |
| 1 Yr | 3.5% | -6.8% | 7.1% | 33.96% |
| 3 Yr | N/A* | -0.7% | 4.6% | N/A |
| 5 Yr | N/A* | -0.8% | 5.0% | N/A |
| 10 Yr | N/A* | 0.2% | 4.2% | N/A |
* Annualized
Total Return Ranking - Calendar
| Period | JSNIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2019 | N/A | -2.3% | 7.2% | N/A |
| 2018 | N/A | -4.2% | 6.5% | N/A |
| 2017 | N/A | -1.6% | 5.9% | N/A |
| 2016 | N/A | -65.2% | 10.7% | N/A |
| 2015 | N/A | -7.0% | 3.5% | N/A |
NAV & Total Return History
JSNIX - Holdings
Concentration Analysis
| JSNIX | Category Low | Category High | JSNIX % Rank | |
|---|---|---|---|---|
| Net Assets | 184 M | 4.48 M | 67.9 B | 74.62% |
| Number of Holdings | 292 | 3 | 4826 | 63.42% |
| Net Assets in Top 10 | 28.3 M | -168 M | 7.13 B | 83.39% |
| Weighting of Top 10 | 15.46% | 2.4% | 100.0% | 73.95% |
Top 10 Holdings
- United States Treasury Notes 1.5% 4.58%
- Federated Hermes Govt Obl IS 3.42%
- American Express Credit Account Master Trust 2.67% 1.13%
- FORD CREDIT AUTO LEASE TRUST 2.22% 1.11%
- Honda Auto Receivables Owner Trust 2018-4 3.16% 0.99%
- NISSAN AUTO RECEIVABLES OWNER TRUST 2.9% 0.95%
- SALES TAX SECURITIZATION CORP ILL 2.13% 0.89%
- Discover Card Execution Note Trust 2.39% 0.87%
- Vistra Operations Co LLC 3.55% 0.76%
- Netflix, Inc. 5.75% 0.75%
Asset Allocation
| Weighting | Return Low | Return High | JSNIX % Rank | |
|---|---|---|---|---|
| Bonds | 95.18% | 0.00% | 177.64% | 28.69% |
| Cash | 3.70% | -80.64% | 100.00% | 59.56% |
| Convertible Bonds | 1.12% | 0.00% | 32.87% | 60.23% |
| Stocks | 0.00% | 0.00% | 6.71% | 57.21% |
| Preferred Stocks | 0.00% | 0.00% | 51.61% | 60.74% |
| Other | 0.00% | -2.01% | 20.06% | 55.20% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | JSNIX % Rank | |
|---|---|---|---|---|
| Corporate | 51.50% | 0.00% | 100.00% | 31.04% |
| Securitized | 36.85% | 0.00% | 92.39% | 29.70% |
| Government | 5.07% | 0.00% | 78.98% | 78.19% |
| Cash & Equivalents | 3.70% | 0.00% | 100.00% | 65.94% |
| Municipal | 2.88% | 0.00% | 17.16% | 6.04% |
| Derivative | 0.00% | 0.00% | 27.60% | 62.08% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | JSNIX % Rank | |
|---|---|---|---|---|
| US | 81.46% | 0.00% | 144.19% | 52.52% |
| Non US | 13.72% | -22.36% | 78.41% | 41.61% |
JSNIX - Expenses
Operational Fees
| JSNIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.60% | 0.01% | 34.57% | 63.26% |
| Management Fee | 0.00% | 0.00% | 1.19% | 3.01% |
| 12b-1 Fee | 0.00% | 0.00% | 1.00% | 9.01% |
| Administrative Fee | N/A | 0.01% | 0.50% | N/A |
Sales Fees
| JSNIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 1.00% | 5.75% | N/A |
| Deferred Load | N/A | 0.50% | 5.00% | N/A |
Trading Fees
| JSNIX 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.
| JSNIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 58.00% | 0.00% | 496.37% | 42.15% |
JSNIX - Distributions
Dividend Yield Analysis
| JSNIX | Category Low | Category High | JSNIX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 3.55% | 56.93% |
Dividend Distribution Analysis
| JSNIX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
| JSNIX | Category Low | Category High | JSNIX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 2.04% | -9.96% | 4.42% | 65.99% |
Capital Gain Distribution Analysis
| JSNIX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually |
JSNIX - Fund Manager Analysis
Managers
Jeffrey Given
Start Date
Tenure
Tenure Rank
Jul 16, 2019
1.3
1.3%
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 16, 2019
1.3
1.3%
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 |
|---|---|---|---|
| 0.04 | 27.75 | 5.89 | 0.83 |