John Hancock Funds Alternative Asset Allocation Fund Class R6 (JAARX)
| Fund Assets | 679.41M |
| Expense Ratio | 1.26% |
| Min. Investment | $1,000,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.25 |
| Dividend Yield | 1.57% |
| Dividend Growth | -21.87% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 30, 2024 |
| Previous Close | 15.87 |
| YTD Return | 0.13% |
| 1-Year Return | 4.05% |
| 5-Year Return | 28.17% |
| 52-Week Low | n/a |
| 52-Week High | n/a |
| Beta (5Y) | n/a |
| Holdings | 14 |
| Inception Date | Aug 31, 2011 |
About JAARX
JAARX was founded on 2011-08-31. The Fund's investment strategy focuses on Alt Multi-Strategy with 0.25% total expense ratio. The minimum amount to invest in John Hancock Funds II: Alternative Asset Allocation Fund; Class R6 Shares is $1,000,000 on a standard taxable account. John Hancock Funds II: Alternative Asset Allocation Fund; Class R6 Shares seeks long-term growth of capital. JAARX is a fund of funds which invests its assets in underlying funds that invest in alternative assets, including international small cap stocks, emerging market equity, commodities, market neutral, global real estate, natural resources, TIPs, global bonds, and others.
Performance
JAARX had a total return of 4.05% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.09%.
Top 10 Holdings
90.07% of assets| Name | Symbol | Weight |
|---|---|---|
| JPMorgan Hedged Equity Fund Class R6 | JHQRX | 12.75% |
| John Hancock Funds II-Multi-Asset Absolute Return Fund - JHF II GLBL ABS RET ATRAT MUTUAL FUND | 47804M860 | 11.86% |
| Calamos Market Neutral Income Fund Institutional Class | CMNIX | 10.52% |
| John Hancock Seaport Long/Short Fund - JHF Seaport Long/Short FUND MUTUAL FUND | 47803P450 | 10.17% |
| Victory Market Neutral Income Fund Class I | CBHIX | 9.47% |
| The Arbitrage Fund Class Institutional | ARBNX | 8.29% |
| JOHN HANCOCK INVT TR MUTUAL FUND | n/a | 7.78% |
| BlackRock Tactical Opportunities Fund Institutional Shares | PBAIX | 7.02% |
| JHFII STRAT INCOME OPP FUND NAV CLASS | JHSEX | 6.99% |
| Virtus AlphaSimplex Managed Futures Strategy Fund Class R6 | AMFNX | 5.23% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 30, 2024 | $0.24993 | Dec 31, 2024 |
| Dec 27, 2023 | $0.31987 | Dec 28, 2023 |
| Dec 28, 2022 | $0.49529 | Dec 29, 2022 |
| Dec 29, 2021 | $0.3281 | Dec 30, 2021 |
| Dec 29, 2020 | $0.16842 | Dec 30, 2020 |
| Dec 27, 2019 | $0.54822 | Dec 30, 2019 |