John Hancock Funds Alternative Asset Allocation Fund Class A NMFQS:JAAAX

Multistrategy | John Hancock

$18.11

↑ $0.02 (0.11%)

Last Updated: Oct 20, 2026

Fund Information

Fund Category Multistrategy

Fund Family John Hancock

Fund Style Large Value

ISIN US47804A1896

CUSIP 47804A189

Inception Date 2009-01-02

Domicile United States

Country USA

Fiscal Year End August

NAV Chart

Fund Metrics

Net Assets $1.75 Billion

Share Class Net Assets $53.96 Million

Expense Ratio 1.70%

Expense Ratio Date 2026-01-01

Dividend Yield 0.01%

Morning Star Rating -

Morning Star Risk Rating -

Morning Star Category -

Performance

YTD Return 8.83%

1-Year Return 10.69%

3-Year Return 8.02%

5-Year Return 4.83%

NAV $18.11

Previous Close Price $18.09

Last Update 2026-09-30

Dividend Information

Dividend Yield 0.01%

Dividend (ttm) 0.17

Dividend Growth -58.12%

Payout Frequency Annual

Ex-Dividend Date n/a

Ratings

Morning Star Rating -

Morning Star Risk Rating -

Morning Star Category -

Beta (5Y) 1.23

About John Hancock Funds Alternative Asset Allocation Fund Class A

The fund allocates its assets among other affiliated and unaffiliated underlying funds, including exchange-traded funds (ETFs), that emphasize alternative or nontraditional asset categories or investment strategies such as international small-cap stocks, emerging-market equity, commodities, market neutral (long/short), global real estate, natural resources, TIPS (Treasury Inflation-Protected Securities), global bonds, high yield, bank loans, foreign currency trading strategies, absolute return strategies, managed futures, arbitrage strategies, tactical investment strategies, and emerging-market debt.

Detailed Metrics

Market Cap Distribution

AverageMarketCap 86022.45%

Giant 21.41%

Large 25.58%

Medium 19.18%

Micro 4.47%

Small 6.53%

Value & Growth Metrics

Book-Value Growth % 4.22%

Cash-Flow Growth % 6.62%

Dividend Yield % 2.78%

Historical Earnings % 5.30%

Long-Term Earnings % 7.45%

Asset Allocation

Type	Net %	Long %	Short %	Category Average	benchmark
Bond	9.48%	25.93%	16.45%	103.73%	77.15%
Cash	33.00%	49.73%	16.74%	130.95%	0.00%
Non US Stock	21.07%	30.24%	9.17%	30.46%	8.46%
Not Classified	5.62%	5.62%	0.00%	3.21%	0.00%
Other	0.37%	17.07%	16.70%	13.99%	2.01%
US Stock	30.46%	77.34%	46.88%	78.10%	12.38%

Top Holdings

Name	Weight	Owned	Change
JHF II GLBL ABS RET ATRAT MUTUAL FUND	11.50%	-	-
JPMORGAN HEDGED EQUITY FUND JPMORGAN HEDGED EQUITY-R6	10.88%	-	-
JHF Seaport Long/Short FUND MUTUAL FUND	10.17%	-	-
VICTORY MARKET NEUTRAL INCOME VICTORY MRKT NTRL INC-I	10.71%	-	-
ARBITRAGE FUND/THE THE ARBITRAGE FUND-I	8.21%	-	-
CALAMOS MARKET NEUTRAL INCOME CALAMOS MRKT NEU INC-I	13.70%	-	-
JHFII STRAT INCOME OPP FUND NAV CLASS	6.20%	-	-
JOHN HANCOCK INVT TR MUTUAL FUND	7.96%	-	-
JH COLLATERAL	5.11%	-	-
VIRTUS ALPHASIMPLEX MANAGED FU VIRTUS ALPHASIM MGD FUT-R6	5.41%	-	-
BLACKROCK TACTICAL OPPORTUNITI BLACKROCK TACT OPPORT-INST	11.29%	-	-
JOHN HANCOCK DISCIPLINED VALUE JH DISC VAL GL LNG/SHRT-NAV	7.23%	-	-
JOHN HANCOCK DIVERSIFIED MACRO JOHN HANCOCK DIV MAC FU-NAV	7.93%	-	-
JHF Enduring Assets Fund MUTUAL FUND	4.06%	-	-
JOHN HANCOCK MULTI-ASSET ABSOL JOH HAN MUL ASS ABS RET-USD	9.06%	-	-
JOHN HANCOCK HEDGED EQUITY ETF JOHN HANCOCK HEDGED EQ ETF	5.31%	-	-

See the full breakdown of JAAAX fund's asset allocation and top holdings .

Sector Weights

Category	Subcategory	Amount %	Category Avg	Stocks %	Benchmark
Bond Sector	Cash and Equivalents	11.03%	21.45%	47.07%	0.00%
Bond Sector	Corporate	11.03%	5.51%	7.67%	26.46%
Bond Sector	Derivative	11.03%	33.59%	12.46%	0.00%
Bond Sector	Government	11.03%	37.11%	32.72%	51.77%
Bond Sector	Municipal	11.03%	0.00%	0.01%	0.02%
Bond Sector	Securitized	11.03%	2.34%	0.07%	21.75%
Cyclical	Basic Materials	3.18%	5.28%	0.00%	3.92%
Cyclical	Consumer Cyclical	8.68%	9.95%	0.00%	7.50%
Cyclical	Financial Services	16.73%	16.02%	0.00%	19.49%
Cyclical	Real Estate	1.48%	3.23%	0.00%	7.75%
Defensive	Consumer Defensive	6.46%	5.37%	0.00%	5.17%
Defensive	Healthcare	8.76%	9.90%	0.00%	9.65%
Defensive	Utilities	11.03%	3.71%	0.00%	3.04%
Sensitive	Communication Services	8.22%	5.70%	0.00%	4.22%
Sensitive	Energy	6.80%	5.21%	0.00%	4.74%
Sensitive	Industrials	9.86%	15.33%	0.00%	13.22%
Sensitive	Technology	18.79%	20.31%	0.00%	21.31%

World Regions

Region	Subregion	Category Average	Stocks Percent	Benchmark
Americas	Latin America	0.38%	2.53%	0.91%
Americas	North America	75.76%	73.36%	62.96%
Greater Asia	Asia Developed	1.71%	3.36%	5.35%
Greater Asia	Asia Emerging	1.30%	3.92%	3.92%
Greater Asia	Australasia	1.60%	0.59%	1.93%
Greater Asia	Japan	6.53%	2.20%	7.11%
Greater Europe	Africa/Middle East	0.30%	0.54%	1.18%
Greater Europe	Europe Developed	9.59%	9.61%	12.72%
Greater Europe	Europe Emerging	0.12%	0.61%	0.30%
Greater Europe	United Kingdom	2.72%	3.28%	3.60%

Dividend History

Date	Amount	Unadjusted Amount	Currency	Declaration Date	Record Date	Payment Date	Period
2024-12-30	$0.185	$0.000	None	-	-	-	-
2023-12-27	$0.259	$0.259	USD	-	2023-12-26	2023-12-28	Annual
2022-12-28	$0.438	$0.438	USD	2022-12-28	2022-12-27	2022-12-29	Annual
2021-12-29	$0.265	$0.265	USD	2021-12-29	2021-12-28	2021-12-30	Annual
2020-12-29	$0.111	$0.111	USD	2020-12-29	2020-12-28	2020-12-30	Annual
2019-12-27	$0.489	$0.489	USD	2019-12-27	2019-12-26	2019-12-30	Annual
2018-12-27	$0.273	$0.273	USD	2018-12-27	2018-12-26	2018-12-28	Annual
2017-12-27	$0.180	$0.180	USD	2017-12-27	2017-12-26	2017-12-28	Annual
2016-12-28	$0.107	$0.107	USD	2016-12-28	2016-12-27	2016-12-29	Annual
2015-12-29	$0.378	$0.378	USD	2015-12-29	2015-12-28	2015-12-30	Annual
2014-12-29	$0.285	$0.285	USD	2014-12-29	2014-12-26	2014-12-30	Other
2013-12-27	$0.257	$0.257	USD	2013-12-27	2013-12-26	2013-12-30	Other
2012-12-27	$0.183	$0.183	USD	2012-12-27	2012-12-26	2012-12-28	Other
2011-12-29	$0.257	$0.257	USD	-	2011-12-28	2011-12-30	Other
2010-12-28	$0.287	$0.287	USD	-	2010-12-27	2010-12-29	Other
2009-12-23	$0.481	$0.000	None	-	-	-	-

View the full dividend history for JAAAX.