- What does JHCP invest in?
- JHCP aims to balance income with prudent risk management, constructing a diverse bond portfolio, allowing up to 20% in high-yield bonds for income potential. Most investments, however, maintain investment-grade quality with corporate, mortgage-backed, and US government bonds. The portfolio does not engage with foreign currency-denominated investments and considers ESG factors in its decision-making process, adding an extra layer of scrutiny and responsibility. The fund manager employs sector and industry analysis alongside in-depth research to pinpoint undervalued opportunities. Though JHCPs maturity and duration typically align with broader bond market averages, adjustments may be made during volatile periods for protection. Derivatives help manage risk and efficiency, without using leverage. No more than 10% of assets are held in cash. This strategy aims to deliver consistent income while managing risks responsibly.
- What is the expense ratio of JHCP?
- John Hancock Exchange-Traded Fund Trust - John Hancock Core Plus Bond ETF (JHCP) charges an expense ratio of 0.36%. This is the annual fee deducted from fund assets to cover management and operations.
- What is JHCP's dividend yield?
- JHCP's trailing-twelve-month yield is 4.55%, calculated from the sum of dividends over the past year divided by the current price.
- What is the duration of JHCP?
- Effective duration measures JHCP's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. JHCP's current duration is published on the fund's factsheet on the issuer's website.
- What is the credit quality of JHCP?
- JHCP's credit quality breakdown — the share of holdings rated AAA through CCC and below — is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.
- What is the yield to maturity of JHCP?
- Yield to maturity (YTM) is the total return you'd earn from JHCP if every bond in the portfolio is held to maturity at the current price. JHCP's YTM is published on the fund's factsheet on the issuer's website — it differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.
