Leveraging the same team and process as Wells Fargo Core Bond, John Hancock Funds II Core Bond employs a sensible approach, but turnover has plagued its slim team in recent years. The strategy earns a Morningstar Analyst Rating of Neutral.
JHFunds2 Core Bond NAV JHCDX
NAV / 1-Day Return
11.48
/
0.61
%
Total Assets
1.6 Bil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
0.610%
Expense Ratio
0.610%
Fee Level
Average
Longest Manager Tenure
4.52
years
Category
Intermediate Core Bond
Credit Quality / Interest Rate Sensitivity
Medium / ModerateMin. Initial Investment
0
Status
Open
TTM Yield
2.06%
Effective Duration
6.53
years
Premium
Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will JHCDX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable JHCDX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the JHCDX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of JHCDX’s parent organization’s priorities and whether they’re in line with investors’ interests.
A prudent approach that shines during volatile markets, but recent turnover looms.
