John Hancock Asset Backed Securities Fund (ABUDX)
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 | Mar 26, 2025 |
Previous Close | 20.05 |
YTD Return | n/a |
1-Year Return | n/a |
5-Year Return | n/a |
52-Week Low | 18.94 |
52-Week High | 20.06 |
Beta (5Y) | n/a |
Holdings | n/a |
Inception Date | n/a |
About ABUDX
John Hancock CQS Asset Backed Securities Fund is a diversified, actively managed investment fund focused on the asset-backed securities (ABS) market. Its primary objective is to generate returns through a combination of current income and capital appreciation, achieved by investing across various ABS instruments such as residential and commercial mortgages, bank regulatory capital, and collateralized loan obligations. Managed collaboratively by John Hancock Investment Management and Manulife | CQS Investment Management, the fund leverages CQS's expertise as a multi-sector alternative credit specialist to seek out steady sources of income and risk-adjusted returns, while aiming to buffer volatility and mitigate risk. Notable features include active management designed to exploit inefficiencies in credit pricing within ABS and targeting segments with low correlation to traditional credit and equity markets. The fund's significance lies in providing investors with broader alternatives for credit diversification, potential income enhancement, and access to the rapidly evolving ABS sector within the global alternative credit landscape.