Opportunistic Fixed Income Fund
Name
As of 04/26/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-3.6%
1 yr return
-0.7%
3 Yr Avg Return
N/A
5 Yr Avg Return
N/A
Net Assets
$154 M
Holdings in Top 10
49.3%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.43%
SALES FEES
Front Load 5.00%
Deferred Load N/A
TRADING FEES
Turnover 61.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/26/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
JABWX - Profile
Distributions
- YTD Total Return -3.6%
- 3 Yr Annualized Total Return N/A
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 2.22%
- Dividend Yield 0.6%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameOpportunistic Fixed Income Fund
-
Fund Family NameJohn Hancock Group of Funds
-
Inception DateJun 17, 2021
-
Shares OutstandingN/A
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerBrian Garvey
Fund Description
JABWX - Performance
Return Ranking - Trailing
Period | JABWX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -3.6% | -59.5% | 0.9% | 49.03% |
1 Yr | -0.7% | -15.5% | 19.7% | 56.73% |
3 Yr | N/A* | -4.3% | 4.2% | 21.39% |
5 Yr | N/A* | -2.5% | 4.1% | 18.09% |
10 Yr | N/A* | -3.0% | 2.7% | 31.43% |
* Annualized
Return Ranking - Calendar
Period | JABWX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 7.5% | -15.2% | 0.9% | N/A |
2022 | -15.6% | -10.9% | 12.2% | N/A |
2021 | N/A | -10.8% | 14.8% | N/A |
2020 | N/A | -15.3% | 0.6% | N/A |
2019 | N/A | -44.4% | 14.4% | N/A |
Total Return Ranking - Trailing
Period | JABWX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -3.6% | -59.5% | 0.9% | 47.09% |
1 Yr | -0.7% | -16.6% | 30.5% | 93.36% |
3 Yr | N/A* | -5.2% | 10.9% | 64.25% |
5 Yr | N/A* | -2.8% | 7.4% | 57.73% |
10 Yr | N/A* | -3.0% | 3.6% | 51.93% |
* Annualized
Total Return Ranking - Calendar
Period | JABWX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 7.9% | -15.2% | 0.9% | N/A |
2022 | -11.2% | -10.9% | 12.2% | N/A |
2021 | N/A | -10.8% | 14.8% | N/A |
2020 | N/A | -15.3% | 3.8% | N/A |
2019 | N/A | -44.4% | 14.4% | N/A |
NAV & Total Return History
JABWX - Holdings
Concentration Analysis
JABWX | Category Low | Category High | JABWX % Rank | |
---|---|---|---|---|
Net Assets | 154 M | 74.5 K | 14.7 B | 69.12% |
Number of Holdings | 1089 | 4 | 4562 | 34.12% |
Net Assets in Top 10 | 60.2 M | -112 M | 3.66 B | 88.63% |
Weighting of Top 10 | 49.27% | 4.7% | 100.0% | 18.27% |
Top 10 Holdings
- SCC GOVERMENT MM GVXX 20301231 00001.0000000000 12.63%
- FANNIE MAE OR FREDDIE MAC MBS 30YR TBA 6.77%
- UNITED STATES TREASURY INFLATI 10/27 1.625 6.50%
- FANNIE MAE OR FREDDIE MAC MBS 30YR TBA 5.69%
- UNITED STATES TREASURY INFLATI 04/28 1.25 4.29%
- FANNIE MAE OR FREDDIE MAC MBS 30YR TBA 3.18%
- UNITED STATES TREASURY INFLATI 07/33 1.375 2.79%
- UNITED STATES TREASURY INFLATI 01/33 1.125 2.67%
- NEW ZEALAND GOVERNMENT INFLATI BONDS REGS 09/30 3 2.47%
- ICELAND RIKISBREF BONDS 11/28 5 2.29%
Asset Allocation
Weighting | Return Low | Return High | JABWX % Rank | |
---|---|---|---|---|
Bonds | 103.22% | 0.00% | 220.33% | 65.40% |
Cash | 12.63% | -130.07% | 95.62% | 42.18% |
Convertible Bonds | 2.81% | 0.00% | 11.19% | 12.32% |
Other | 0.66% | -9.71% | 100.00% | 20.38% |
Preferred Stocks | 0.66% | 0.00% | 2.87% | 4.27% |
Stocks | 0.03% | 0.00% | 7.47% | 15.64% |
Stock Sector Breakdown
Weighting | Return Low | Return High | JABWX % Rank | |
---|---|---|---|---|
Utilities | 91.26% | 0.00% | 91.33% | 1.61% |
Industrials | 4.28% | 0.00% | 11.80% | 16.13% |
Healthcare | 2.94% | 0.00% | 9.46% | 16.13% |
Communication Services | 1.52% | 0.00% | 56.19% | 25.81% |
Technology | 0.00% | 0.00% | 21.64% | 30.65% |
Real Estate | 0.00% | 0.00% | 3.17% | 30.65% |
Financial Services | 0.00% | 0.00% | 100.00% | 58.06% |
Energy | 0.00% | 0.00% | 100.00% | 62.90% |
Consumer Defense | 0.00% | 0.00% | 34.30% | 35.48% |
Consumer Cyclical | 0.00% | 0.00% | 27.00% | 35.48% |
Basic Materials | 0.00% | 0.00% | 100.00% | 45.16% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | JABWX % Rank | |
---|---|---|---|---|
Non US | 0.02% | 0.00% | 1.77% | 15.17% |
US | 0.01% | 0.00% | 6.55% | 13.27% |
Bond Sector Breakdown
Weighting | Return Low | Return High | JABWX % Rank | |
---|---|---|---|---|
Government | 52.22% | 0.30% | 99.47% | 36.54% |
Corporate | 18.06% | 0.00% | 98.62% | 55.29% |
Cash & Equivalents | 12.63% | 0.00% | 95.62% | 65.87% |
Securitized | 11.83% | 0.00% | 52.02% | 25.00% |
Municipal | 0.63% | 0.00% | 7.95% | 11.06% |
Derivative | -0.61% | 0.00% | 74.77% | 37.98% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | JABWX % Rank | |
---|---|---|---|---|
US | 63.86% | -5.52% | 107.53% | 46.92% |
Non US | 39.36% | 0.00% | 112.80% | 46.92% |
JABWX - Expenses
Operational Fees
JABWX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.43% | 0.02% | 3.65% | 22.97% |
Management Fee | 0.65% | 0.00% | 2.08% | 81.95% |
12b-1 Fee | 0.25% | 0.00% | 1.00% | 30.30% |
Administrative Fee | N/A | 0.01% | 0.45% | N/A |
Sales Fees
JABWX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | 5.00% | 0.00% | 5.00% | 2.86% |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
JABWX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 2.00% | 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.
JABWX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 61.00% | 6.00% | 354.00% | 39.64% |
JABWX - Distributions
Dividend Yield Analysis
JABWX | Category Low | Category High | JABWX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.63% | 0.00% | 17.40% | 26.07% |
Dividend Distribution Analysis
JABWX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | None | Quarterly | Monthly | Monthly |
Net Income Ratio Analysis
JABWX | Category Low | Category High | JABWX % Rank | |
---|---|---|---|---|
Net Income Ratio | 2.22% | -1.08% | 5.77% | 26.96% |
Capital Gain Distribution Analysis
JABWX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Mar 22, 2024 | $0.018 | OrdinaryDividend |
Dec 20, 2023 | $0.038 | OrdinaryDividend |
Dec 20, 2022 | $0.197 | OrdinaryDividend |
Sep 26, 2022 | $0.235 | OrdinaryDividend |
Jun 24, 2022 | $0.063 | OrdinaryDividend |
Mar 25, 2022 | $0.082 | OrdinaryDividend |
Dec 20, 2021 | $0.120 | OrdinaryDividend |
JABWX - Fund Manager Analysis
Managers
Brian Garvey
Start Date
Tenure
Tenure Rank
Feb 28, 2020
2.25
2.3%
Brian M. Garvey Managing Director and Portfolio Manager. Managed the fund since 2020. Joined Wellington Management in 2007。 As a portfolio Senior manager, Brian contributes to the active multi-asset research effort, with a particular focus on currencies and global fixed income markets. Before joining Wellington Management in October 2007, Brian was the North American head of macro research at State Street Global Markets. Prior to State Street, he was a fixed income research analyst at Standish, Ayer & Wood, and a senior currency strategist for I.D.E.A. He started his professional career at the US Bureau of Labor Statistics as an economist. Brian received a BA in economics from Colby College (1991) and an MBA concentrating in finance/economics from Boston University (1998).
Brij Khurana
Start Date
Tenure
Tenure Rank
Feb 28, 2020
2.25
2.3%
Brij S. Khurana Managing Director and Portfolio Manager,Managed fund since 2020 Brij is a portfolio manager within Investment Boutiques. He manages global total return and unconstrained fixed income portfolios. Prior to joining Wellington Management Company LLP , Brij was a senior vice president and portfolio manager at Pacific Investment Management Company (PIMCO), where he managed core, unconstrained, and multi-credit fixed income portfolios. He started his professional career trading structured products at Goldman, Sachs & Co. Brij received his MBA from Harvard Business School (2011) and a BA in economics from Princeton University (2007), with honors.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.02 | 28.31 | 6.8 | 3.67 |