JHancock Multimanager 2065 Lifetime 1 (JAAVX)
| Fund Assets | 134.61M |
| Expense Ratio | 0.63% |
| Min. Investment | $0.00 |
| Turnover | 18.00% |
| Dividend (ttm) | 0.48 |
| Dividend Yield | 3.20% |
| Dividend Growth | 9.05% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 30, 2024 |
| Previous Close | 14.90 |
| YTD Return | 13.29% |
| 1-Year Return | 18.07% |
| 5-Year Return | n/a |
| 52-Week Low | 11.43 |
| 52-Week High | 14.90 |
| Beta (5Y) | n/a |
| Holdings | 33 |
| Inception Date | Sep 23, 2020 |
About JAAVX
The John Hancock Multimanager 2065 Lifetime 1 Fund is a target-date mutual fund designed for investors planning to retire around the year 2065. Its primary purpose is to provide a diversified investment portfolio that evolves over time, transitioning from a growth-oriented allocation to a more income-focused strategy as the target retirement date approaches. Managed through a multimanager approach, the fund invests predominantly in underlying actively managed funds, providing broad exposure to various asset classes, with a current emphasis on equities to capture long-term growth potential. The fund’s asset mix is regularly adjusted by a team of asset allocation professionals, following a 'glide path' that gradually shifts from higher-risk investments to more conservative holdings as the retirement date nears. This structure aims to help investors grow their assets during their working years while supporting income needs in retirement. The fund is particularly significant within the defined contribution and individual retirement markets, serving those seeking a hands-off, professionally managed solution aligned with a specific retirement timeline. Established in 2020, the John Hancock Multimanager 2065 Lifetime 1 Fund reflects a modern approach to retirement planning, integrating multiple managers and strategies under one investment vehicle.
Performance
JAAVX had a total return of 18.07% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.30%.
Top 10 Holdings
82.75% of assets| Name | Symbol | Weight |
|---|---|---|
| JHancock U.S. Sector Rotation NAV | n/a | 17.37% |
| JHancock International Stra Eq Allc NAV | n/a | 14.93% |
| John Hancock Funds Disciplined Value Fund | JDVNX | 11.91% |
| JHancock Blue Chip Growth NAV | n/a | 10.83% |
| John Hancock Disciplined Value International Fund | JDIVX | 5.73% |
| JHFunds2 Mid Value NAV | JMVNX | 5.30% |
| JHancock International Dynamic Gr NAV | n/a | 4.57% |
| JHF Fundamental Large Cap Core Class NAV | JLCNX | 4.17% |
| JHancock Emerging Markets Equity NAV | n/a | 4.07% |
| JHancock Mid Cap Growth NAV | JACFX | 3.88% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 30, 2024 | $0.47685 | Dec 31, 2024 |
| Dec 27, 2023 | $0.43726 | Dec 28, 2023 |
| Dec 28, 2022 | $0.45798 | Dec 29, 2022 |
| Dec 29, 2021 | $0.46479 | Dec 30, 2021 |
| Dec 29, 2020 | $0.11342 | Dec 30, 2020 |