Key stats
About John Hancock Exchange-Traded Fund Trust John Hancock High Yield ETF
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Inception date
May 1, 2024
Structure
Open-Ended Fund
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
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Corporate
Bonds, Cash & Other100.00%
Corporate99.33%
Cash0.67%
Stock breakdown by region
North America89.90%
Europe8.76%
Asia0.55%
Oceania0.52%
Latin America0.20%
Middle East0.06%
Africa0.00%
Top 10 holdings
Dividends
Dividend payout history