John Hancock Exchange-Traded Fund Trust John Hancock High Yield ETFJohn Hancock Exchange-Traded Fund Trust John Hancock High Yield ETFJohn Hancock Exchange-Traded Fund Trust John Hancock High Yield ETF

John Hancock Exchange-Traded Fund Trust John Hancock High Yield ETF

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Key stats


Assets under management (AUM)
‪35.90 M‬USD
Fund flows (1Y)
‪35.26 M‬USD
Dividend yield (indicated)
7.87%
Discount/Premium to NAV
−0.2%
Shares outstanding
‪1.40 M‬
Expense ratio
0.52%

About John Hancock Exchange-Traded Fund Trust John Hancock High Yield ETF


Brand
John Hancock
Inception date
May 1, 2024
Structure
Open-Ended Fund
Index tracked
No Underlying Index
Management style
Active
Distributes
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Tax on distributions
Ordinary income
Primary advisor
John Hancock Investment Management LLC
Distributor
Foreside Fund Services LLC
JHHY focuses on investing in US-dollar high-yield corporate bonds. The fund's selection process considers credit ratings at the time of acquisition and employs fundamental and relative value analysis to steer sector allocation and manage interest-rate risks. Maintaining a diverse portfolio with over 400 positions, JHHY may leverage derivative transactions like credit default swaps and foreign currency swaps for effective risk management, market exposure optimization, and potential return enhancement. While JHHY does not seek to replicate a specific index, it strives to mirror characteristics comparable to the US high-yield corporate bond market. The fund's primary objective is maximizing current income, with subsequent consideration for capital growth opportunities.

Classification


Asset Class
Fixed income
Category
Corporate, broad-based
Focus
High yield
Niche
Broad maturities
Strategy
Active
Geography
U.S.
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
Bonds, Cash & Other
Corporate
Stock breakdown by region
0.5%0.2%89%8%0.1%0.6%
Summarizing what the indicators are suggesting.
Oscillators
Neutral
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Oscillators
Neutral
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Summary
Neutral
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Neutral
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Summary
Neutral
SellBuy
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Moving Averages
Neutral
SellBuy
Strong sellStrong buy
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Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.