Alternative Asset Allocation Fund
Name
As of 04/26/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
2.7%
1 yr return
5.9%
3 Yr Avg Return
2.1%
5 Yr Avg Return
3.6%
Net Assets
$783 M
Holdings in Top 10
86.4%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.94%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 25.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/26/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
JAAPX - Profile
Distributions
- YTD Total Return 2.7%
- 3 Yr Annualized Total Return 2.1%
- 5 Yr Annualized Total Return 3.6%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.38%
- Dividend Yield 1.6%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameAlternative Asset Allocation Fund
-
Fund Family NameJohn Hancock Group of Funds
-
Inception DateMar 01, 2012
-
Shares OutstandingN/A
-
Share ClassR2
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerNathan Thooft
Fund Description
JAAPX - Performance
Return Ranking - Trailing
Period | JAAPX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 2.7% | -73.0% | 19.4% | 43.01% |
1 Yr | 5.9% | -9.1% | 86.9% | 41.45% |
3 Yr | 2.1%* | -9.5% | 16.2% | 53.01% |
5 Yr | 3.6%* | -4.9% | 14.4% | 41.26% |
10 Yr | 2.4%* | -0.9% | 7.5% | 57.45% |
* Annualized
Return Ranking - Calendar
Period | JAAPX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 4.1% | -22.7% | 305.1% | 35.56% |
2022 | -6.0% | -9.8% | 27.3% | 43.95% |
2021 | 3.0% | -20.8% | 10.9% | 54.67% |
2020 | 3.6% | -12.4% | 29.4% | 27.72% |
2019 | 5.4% | -10.5% | 15.8% | 27.75% |
Total Return Ranking - Trailing
Period | JAAPX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 2.7% | -73.0% | 19.4% | 43.01% |
1 Yr | 5.9% | -13.4% | 86.9% | 37.09% |
3 Yr | 2.1%* | -9.5% | 16.2% | 47.79% |
5 Yr | 3.6%* | -5.3% | 14.4% | 37.22% |
10 Yr | 2.4%* | -0.9% | 7.5% | 52.13% |
* Annualized
Total Return Ranking - Calendar
Period | JAAPX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 5.8% | -22.7% | 305.1% | 35.93% |
2022 | -3.2% | -9.8% | 27.3% | 44.35% |
2021 | 4.7% | -20.8% | 10.9% | 32.89% |
2020 | 4.3% | -8.4% | 29.4% | 41.58% |
2019 | 8.9% | -10.2% | 18.0% | 33.51% |
NAV & Total Return History
JAAPX - Holdings
Concentration Analysis
JAAPX | Category Low | Category High | JAAPX % Rank | |
---|---|---|---|---|
Net Assets | 783 M | 1.5 M | 5.01 B | 28.41% |
Number of Holdings | 15 | 4 | 4478 | 91.52% |
Net Assets in Top 10 | 647 M | -398 M | 2.55 B | 17.31% |
Weighting of Top 10 | 86.40% | 13.1% | 100.0% | 21.56% |
Top 10 Holdings
- JHF II GLBL ABS RET ATRAT MUTUAL FUND 12.95%
- JPMORGAN HEDGED EQUITY FUND JPMORGAN HEDGED EQUITY-R6 12.88%
- JHF Seaport Long/Short FUND MUTUAL FUND 11.08%
- ARBITRAGE FUND/THE THE ARBITRAGE FUND-I 9.08%
- VICTORY MARKET NEUTRAL INCOME VICTORY MRKT NTRL INC-I 8.19%
- JHFII STRAT INCOME OPP FUND NAV CLASS 7.81%
- JOHN HANCOCK INVT TR MUTUAL FUND 7.81%
- CALAMOS MARKET NEUTRAL INCOME CALAMOS MRKT NEU INC-I 6.98%
- VIRTUS ALPHASIMPLEX MANAGED FU VIRTUS ALPHASIM MGD FUT-R6 4.82%
- JHF Enduring Assets Fund MUTUAL FUND 4.80%
Asset Allocation
Weighting | Return Low | Return High | JAAPX % Rank | |
---|---|---|---|---|
Stocks | 95.86% | -3.75% | 97.95% | 25.44% |
Cash | 4.38% | -6278.21% | 410.43% | 50.88% |
Convertible Bonds | 2.23% | 0.00% | 87.92% | 37.46% |
Preferred Stocks | 0.00% | -0.12% | 46.97% | 22.61% |
Other | 0.00% | -21.53% | 148.54% | 57.60% |
Bonds | 0.00% | -326.45% | 6347.80% | 43.11% |
Stock Sector Breakdown
Weighting | Return Low | Return High | JAAPX % Rank | |
---|---|---|---|---|
Technology | 21.03% | 0.00% | 39.58% | 21.26% |
Healthcare | 16.14% | 0.00% | 45.63% | 10.63% |
Financial Services | 13.77% | 0.00% | 59.28% | 59.45% |
Communication Services | 9.52% | 0.00% | 21.78% | 31.10% |
Industrials | 9.24% | 0.00% | 21.45% | 54.72% |
Consumer Cyclical | 7.97% | 0.00% | 29.09% | 81.10% |
Utilities | 6.99% | 0.00% | 9.23% | 1.18% |
Consumer Defense | 6.60% | 0.00% | 13.62% | 67.32% |
Real Estate | 4.52% | 0.00% | 51.26% | 19.69% |
Energy | 2.64% | 0.00% | 100.00% | 70.47% |
Basic Materials | 1.57% | 0.00% | 27.46% | 85.04% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | JAAPX % Rank | |
---|---|---|---|---|
US | 95.86% | -8.85% | 91.88% | 26.86% |
Non US | 0.00% | -19.62% | 42.11% | 32.16% |
JAAPX - Expenses
Operational Fees
JAAPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.94% | 0.29% | 31.15% | 89.93% |
Management Fee | 0.45% | 0.00% | 2.50% | 5.30% |
12b-1 Fee | 0.25% | 0.00% | 1.00% | 45.27% |
Administrative Fee | N/A | 0.01% | 0.30% | 94.41% |
Sales Fees
JAAPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.50% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
JAAPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
JAAPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 25.00% | 0.00% | 491.00% | 18.95% |
JAAPX - Distributions
Dividend Yield Analysis
JAAPX | Category Low | Category High | JAAPX % Rank | |
---|---|---|---|---|
Dividend Yield | 1.59% | 0.00% | 4.56% | 53.36% |
Dividend Distribution Analysis
JAAPX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | None | Annually | Quarterly | Annually |
Net Income Ratio Analysis
JAAPX | Category Low | Category High | JAAPX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.38% | -2.51% | 6.83% | 50.72% |
Capital Gain Distribution Analysis
JAAPX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 28, 2023 | $0.247 | OrdinaryDividend |
Dec 29, 2022 | $0.422 | OrdinaryDividend |
Dec 30, 2021 | $0.251 | OrdinaryDividend |
Dec 30, 2020 | $0.098 | OrdinaryDividend |
Dec 30, 2019 | $0.476 | OrdinaryDividend |
Dec 28, 2018 | $0.259 | OrdinaryDividend |
Dec 28, 2017 | $0.165 | OrdinaryDividend |
Dec 29, 2016 | $0.095 | OrdinaryDividend |
Dec 30, 2015 | $0.366 | OrdinaryDividend |
Dec 30, 2014 | $0.250 | OrdinaryDividend |
Dec 30, 2013 | $0.226 | OrdinaryDividend |
JAAPX - Fund Manager Analysis
Managers
Nathan Thooft
Start Date
Tenure
Tenure Rank
May 15, 2013
9.05
9.1%
Mr. Thooft is a managing Director of Asset Allocation, Portfolio Solutions Group (PSG). He joined John Hancock Investment Management a division of Manulife Investment Management (US) LLC in 2013. Previously, he was Vice President and Director of Investments, Investment Management Services, John Hancock Financial (2008-2011). He began business career in 2000.
Christopher Walsh
Start Date
Tenure
Tenure Rank
Feb 20, 2018
4.28
4.3%
Christopher Walsh, CFA, is a managing director and portfolio manager with the Asset Allocation Team at Manulife Investment Management. The Asset Allocation Team is responsible for the development and growth of Manulife’s asset allocation solutions for individual and institutional investors in the US, Canada and Asia. Solutions include target risk, target date as well as a wide array of strategic, tactical, absolute return multi-asset class portfolios, and highly customized corporate pension plans. Chris assists in the day-to-day monitoring and portfolio management of many of the Team’s alternative, opportunistic and absolute-return-oriented strategies. In addition, Chris has been responsible for developing many of the multi-factor models the team utilizes to augment its opportunistic investment process as well as providing asset class research and recommendations. Prior to joining Manulife, Chris was a quantitative investment associate for Putnam Investments, where he conducted quantitative factor research, portfolio backtests, risk and performance reporting, and quantitative model maintenance. Chris is a CFA charterholder, and he is a member of the CFA Society Boston, Inc. and the CFA Institute. Education: Boston College, BS Finance and Information Systems, 2002; Boston College, MBA 2007 Joined Company: 2009 Began Career: 2002
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.02 | 17.37 | 4.48 | 1.67 |