JHancock Multi-Asset Absolute Return I (JHAIX)
| Fund Assets | 239.45M |
| Expense Ratio | 1.31% |
| Min. Investment | $250,000 |
| Turnover | 47.00% |
| Dividend (ttm) | 0.19 |
| Dividend Yield | 1.78% |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 20, 2024 |
| Previous Close | 10.63 |
| YTD Return | 3.50% |
| 1-Year Return | 0.77% |
| 5-Year Return | 23.02% |
| 52-Week Low | 10.04 |
| 52-Week High | 10.84 |
| Beta (5Y) | 0.33 |
| Holdings | 180 |
| Inception Date | Dec 19, 2011 |
About JHAIX
John Hancock Funds II Multi-Asset Absolute Return Fund Class I is a mutual fund designed to deliver absolute returns through a diversified allocation across multiple asset classes. The fund’s primary objective is to achieve positive returns regardless of market conditions by employing a disciplined asset allocation process managed by an experienced investment team. It utilizes a tactical allocation approach, with a notable portion of its portfolio invested in government bond futures, such as US Treasury notes, alongside selective equity holdings from major sectors like technology, communication services, healthcare, and consumer cyclicals. Notable companies within the portfolio include Microsoft, Alphabet, Novo Nordisk, and Visa. The fund’s risk profile tends to be lower than many of its global moderate allocation peers, offering downside protection, particularly during challenging market environments. Its institutional class structure makes it well-suited for larger investors seeking diversified return sources, and it features a moderate turnover rate and an average distribution fee level. This fund plays a strategic role in portfolios aiming to diversify traditional stock/bond exposure while managing risk.
Performance
JHAIX had a total return of 0.77% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.17%.
Top 10 Holdings
55.14% of assets| Name | Symbol | Weight |
|---|---|---|
| 10 Year Treasury Note Future Sept 25 | n/a | 31.83% |
| Microsoft Corporation | MSFT | 4.32% |
| Alphabet Inc. | GOOGL | 3.61% |
| Aust 10 Yr Bond Fut Sep25 | n/a | 2.89% |
| Euro-Bund Fut Sep25 | n/a | 2.72% |
| Novo Nordisk A/S | NOVO.B | 2.20% |
| Automatic Data Processing, Inc. | ADP | 2.16% |
| Cisco Systems, Inc. | CSCO | 2.14% |
| The Coca-Cola Company | KO | 1.78% |
| Adobe Inc. | ADBE | 1.49% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 20, 2024 | $0.1892 | Dec 23, 2024 |
| Dec 19, 2022 | $0.33209 | Dec 20, 2022 |
| Dec 23, 2015 | $0.71953 | Dec 24, 2015 |
| Dec 23, 2014 | $0.5787 | Dec 24, 2014 |
| Dec 23, 2013 | $0.15973 | Dec 24, 2013 |
| Dec 21, 2012 | $0.13512 | Dec 24, 2012 |