JMAEX

About JMAEX

John Hancock Managed Account Shares Securitized Debt Portfolio is an open‑end mutual fund focused on securitized fixed income. Its primary objective is a high level of current income consistent with prudent risk by investing, under normal conditions, at least 80% of assets in bonds backed by pools of loans or mortgages, including mortgage‑backed and asset‑backed securities from both government-related and private issuers. The portfolio does not invest in non‑securitized debt, concentrating instead on segments such as asset-backed securities, collateralized mortgage obligations, and commercial mortgage‑backed securities. The manager emphasizes sector and industry allocation alongside bottom‑up security selection to balance income generation with credit quality and liquidity considerations. Within the securitized market, allocations are adjusted through a top‑down view of macro conditions—such as interest rate trends and credit fundamentals—paired with security‑level analysis. The fund plays a specialized role for investors seeking diversified exposure to securitized credit within broader fixed income allocations, offering monthly income distributions and a distinct return profile relative to Treasuries and corporate bonds.