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)
‪31.32 M‬USD
Fund flows (1Y)
Dividend yield (indicated)
6.09%
Discount/Premium to NAV
0.3%

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


Issuer
Manulife Financial Corp.
Brand
John Hancock
Expense ratio
0.52%
Inception date
May 1, 2024
Index tracked
No Underlying Index
Management style
Active
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
Weighting scheme
Proprietary
Selection criteria
Proprietary

Returns


1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund


As of September 18, 2024
Exposure type
Bonds, Cash & Other
Corporate
Bonds, Cash & Other100.00%
Corporate99.31%
Cash0.69%
Top 10 holdings

Dividends


Dividend payout history

Assets under management (AUM)



Fund Flows