JHancock Multi-Asset Absolute Return I (JHAIX)
| Fund Assets | 243.48M |
| Expense Ratio | 1.31% |
| Min. Investment | $250,000 |
| Turnover | 66.00% |
| Dividend (ttm) | 0.19 |
| Dividend Yield | 1.76% |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 20, 2024 |
| Previous Close | 10.59 |
| YTD Return | 4.18% |
| 1-Year Return | 2.79% |
| 5-Year Return | 19.87% |
| 52-Week Low | 10.04 |
| 52-Week High | 11.05 |
| Beta (5Y) | 0.34 |
| Holdings | 185 |
| 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.
Top 10 Holdings
56.45% of assets| Name | Symbol | Weight |
|---|---|---|
| Us 10yr Note (Cbt)dec25 | n/a | 32.01% |
| Euro-Bund Fut Dec25 | n/a | 4.80% |
| Alphabet, Inc. | GOOGL | 4.67% |
| Microsoft Corporation | MSFT | 3.83% |
| Aust 10 Yr Bond Fut Dec25 | n/a | 2.79% |
| Cisco Systems, Inc. | CSCO | 2.00% |
| The Coca-Cola Company | KO | 1.76% |
| McKesson Corporation | MCK | 1.54% |
| Meta Platforms, Inc. | META | 1.53% |
| Novo Nordisk A/S | NOVO.B | 1.52% |
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 |