John Hancock Asset-Based Lending Fund (ABLGX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD

19.67

+0.04 (0.20%)

At close: Oct 16, 2026

Fund Assets	n/a
Expense Ratio	n/a
Min. Investment	n/a
Turnover	n/a
Dividend (ttm)	n/a
Dividend Yield	n/a
Dividend Growth	n/a
Payout Frequency	n/a
Ex-Dividend Date	n/a

Previous Close	19.63
YTD Return	-4.48%
1-Year Return	-4.94%
5-Year Return	n/a
52-Week Low	19.55
52-Week High	20.55
Beta (5Y)	0.02
Holdings	n/a
Inception Date	n/a

About ABLGX

John Hancock Asset-Based Lending Fund Class D is a continuously offered, unlisted closed-end fund specializing in asset-based lending strategies. Its primary objective is to deliver high current income, with capital appreciation as a secondary goal. The fund primarily invests at least 80% of its net assets in asset-based lending investments, which include loans secured by various types of collateral and may also encompass distressed loans. This approach aims to generate steady income drawn from contractual cash flows and is complemented by careful capital structure analysis and risk management practices, such as protective covenants and conservative collateral valuations. The fund utilizes a tender offer structure, permitting quarterly repurchase of up to 5% of shares, and is designed for accredited investors seeking alternative credit exposure. It draws on proprietary sourcing channels to access unique lending opportunities beyond traditional public markets, spanning multiple sectors and asset types. Managed by John Hancock Investment Management in collaboration with specialized portfolio managers, the fund plays a notable role in diversifying fixed income portfolios with private credit and alternative lending solutions, aiming to provide resilience across various market cycles.

Stock Exchange Nasdaq

Ticker Symbol ABLGX

Performance

ABLGX had a total return of -4.94% in the past year, including dividends. Since the fund's inception, the average annual return has been -0.64%.