JHCB

John Hancock Corporate Bond ETF

$21.61
+0.00%
Market closed. Last update: 11:57 AM ET

📎 Investment Objective

The John Hancock Corporate Bond ETF (JHCB) seeks to provide a high level of current income by investing primarily in a diversified portfolio of investment-grade corporate bonds.

Overview

ETF tracking John Hancock Corporate Bond ETF

Issuer Other
Inception Date 2021-03-31
Market Cap $74.5M
Average Volume N/A
Dividend Yield 3.89%
52-Week Range $20.55 - $22.04
VWAP $21.62

Performance

Loading performance data...

Price Chart

Investment Summary

📎 Investment Objective

The John Hancock Corporate Bond ETF (JHCB) seeks to provide a high level of current income by investing primarily in a diversified portfolio of investment-grade corporate bonds.

🎯 Investment Strategy

The fund invests at least 80% of its net assets in investment-grade corporate bonds. The portfolio is actively managed, with the goal of generating attractive risk-adjusted returns through security selection and duration management.

✨ Key Features

  • Focuses on investment-grade corporate bonds for stable income generation
  • Actively managed approach to identify attractive opportunities and manage interest rate risk
  • Low expense ratio of 0.00% makes it a cost-effective fixed income option
  • Relatively new fund with limited performance history

⚠️ Primary Risks

  • Interest rate risk: The fund's value may decline when interest rates rise
  • Credit risk: The risk of default or downgrade by the issuers of the bonds held in the portfolio
  • Liquidity risk: Potential difficulty in selling holdings, especially in stressed market conditions
  • Concentration risk: The fund's focus on corporate bonds makes it susceptible to factors affecting that sector

👤 Best For

The John Hancock Corporate Bond ETF may be suitable for investors seeking a low-cost, investment-grade corporate bond exposure as part of a diversified fixed income allocation. It may be particularly appealing to those looking for a stable source of income, although the lack of performance history should be considered.