Key stats
About John Hancock Corporate Bond ETF
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Inception date
Mar 30, 2021
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
John Hancock Investment Management LLC
Distributor
Foreside Fund Services LLC
ISIN
US47804J8181
JHCB is the first fixed income ETF from John Hancock Investments. It provides exposure to investment-grade corporate bonds using a bottom-up approach in selection and industry allocation. Without any limit on average maturity, the fund manager selects companies that are perceived as undervalued, while also considering each industrys position in the business cycle, forward-looking trends, and historical and technical factors. The fund may invest up to 10% in securities denominated in foreign currencies, while limiting investments in USD-denominated foreign securities (excluding Canada) at 30%. Up to 20% can be invested in investment-grade bank loans, cash, and cash equivalents. As an actively managed fund, JHCB may make certain investment decisions at its discretion. The fund may also engage in derivatives transactions and could invest in bonds issued by MLPs.
Related funds
Classification
What's in the fund
Exposure type
Corporate
Stock breakdown by region
Top 10 holdings
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
JHCB assets under management is 75.19 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
JHCB invests in bonds. See more details in our Analysis section.
JHCB expense ratio is 0.29%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, JHCB isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
Yes, JHCB pays dividends to its holders with the dividend yield of 4.94%.
JHCB shares are issued by Manulife Financial Corp.
JHCB follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Mar 30, 2021.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.