Investment objective & strategy
As of April 16, 2025 · prospectusObjective. To seek income and capital appreciation.
Strategy. Under normal market conditions, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in a diversified mix of debt securities and instruments. (The fund will provide written notice to shareholders at least 60 days prior to a change in its 80% investment policy.) The fund seeks to invest its assets in debt securities and instruments with an average duration of plus or minus one year of its benchmark, the Bloomberg ?US Aggregate Bond Index, however, there is no limit on the funds average maturity. The fund does not invest in bonds rated below investment-grade at time of purchase. Eligible investments include, but are not limited to: ? U.S. Treasury and agency securities as … Under normal market conditions, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in a diversified mix of debt securities and instruments. (The fund will provide written notice to shareholders at least 60 days prior to a change in its 80% investment policy.) The fund seeks to invest its assets in debt securities and instruments with an average duration of plus or minus one year of its benchmark, the Bloomberg ?US Aggregate Bond Index, however, there is no limit on the funds average maturity. The fund does not invest in bonds rated below investment-grade at time of purchase. Eligible investments include, but are not limited to: ? U.S. Treasury and agency securities as well as notes backed by the Federal Deposit Insurance Corporation, ? Mortgage-backed securities, including mortgage pass-through securities, commercial mortgage-backed securities (CMBS) and collateralized mortgage obligations (CMOs), ? U.S. and foreign corporate bonds, and ? Foreign government and agency securities. The subadvisor uses proprietary research and economic and industry analysis to identify specific bonds, bond sectors and industries that are attractively priced. Due to this process, the fund may have a higher than average portfolio turnover ratio which may affect performance results. The foreign securities in which the fund invests may be denominated in U.S. dollars or foreign currency. Use of Hedging and Other Strategic Transactions . The fund is authorized to use all of the various investment strategies referred to under Additional Information About the Funds Principal Risks Hedging, derivatives and other strategic transactions risk including, but not limited to, U.S. Treasury futures and options, index derivatives, credit default swaps and forwards.
Top holdings
As of March 31, 2026 · N-PORT| Security | Ticker | Value | % of fund |
|---|---|---|---|
| JH COLLATERAL | — | $94.19M | 5.20% |
| US TREASURY N/B | — | $51.05M | 2.82% |
| US TREASURY N/B | — | $43.88M | 2.42% |
| US TREASURY N/B | — | $35.52M | 1.96% |
| US TREASURY N/B | — | $33.45M | 1.85% |
| U.S. Treasury Notes | — | $33.18M | 1.83% |
| US TREASURY N/B | — | $32.34M | 1.79% |
| U.S. Treasury Notes | — | $30.79M | 1.70% |
| US TREASURY N/B | — | $25.07M | 1.39% |
| US TREASURY N/B | — | $23.46M | 1.30% |
Portfolio moves
Dec 31, 2025 → Mar 31, 2026How many positions this fund opened, exited, grew, trimmed, or left unchanged between its two most recent N-PORT snapshots — net changes between point-in-time reports, not a trade log.
Similar funds
Funds whose portfolios most overlap this one, by weight| Fund | Overlap | Net exp. |
|---|---|---|
| John Hancock Core Bond ETF · JHCR | 66% | 0.29% |
| Investment Grade Bond Fund · TAUSX, TCUSX, TIUSX, JIGBX, JIGMX, JIGEX | 51% | 0.38% |
| Active Bond Trust · JAHDX, JAHFX, JAHEX | 49% | 0.65% |
Advisers
| Firm | Role |
|---|---|
| Manulife Investment Management (US) LLC | Sub-adviser |
| John Hancock Variable Trust Advisers LLC | Adviser |
Footnotes
- Expense ratio as of April 16, 2025, from the fund's prospectus.
- Net assets and holdings count as of March 31, 2026, from the fund's N-PORT filing.
- Total return for calendar year 2025, before tax and after fund expenses. Computed by compounding the twelve monthly total returns the fund reported in its SEC N-PORT filings for 2025 (the latest prospectus does not yet chart this year).
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