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JMADX
Mutual Fund ticker: NASDAQ
AS OF
Apr 17 closing price
Price
$8.23
Change
+$0.02 (+0.24%)
Net Assets
130.75M

JMADX JHancock Mgd Acct Shrs Non-IG CorpBdPort Forecast, Technical & Fundamental Analysis

The investment seeks high level of current income consistent with prudent investment risk... Show more

Category: #Miscellaneous
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A.I.Advisor
published Highlights

Industry description

The investment seeks high level of current income consistent with prudent investment risk. Under normal market conditions, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in a diversified portfolio of bonds. These may include, but are not limited to, below-investment-grade debt securities (junk bonds) rated as low as CC by S&P Global Ratings (S&P) and Ca by Moody’s Investors Service, Inc. (Moody’s), or their unrated equivalents. It will not invest in investment-grade securities.
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A.I. Advisor
published General Information

General Information

Category Miscellaneous

Profile
Fundamentals
Details
Category
Miscellaneous Fixed Income
Address
Hancock John Strategic Series601 Congress StreetBoston
Phone
N/A
Web
www.jhfunds.com
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JMADX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, JMADX has been closely correlated with BHYIX. These tickers have moved in lockstep 95% of the time. This A.I.-generated data suggests there is a high statistical probability that if JMADX jumps, then BHYIX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To JMADX
1D Price
Change %
JMADX100%
+0.24%
BHYIX - JMADX
95%
Closely correlated
+0.29%
BHYSX - JMADX
91%
Closely correlated
+0.43%
BHYRX - JMADX
91%
Closely correlated
+0.29%
BRHYX - JMADX
91%
Closely correlated
+0.43%
VWEHX - JMADX
90%
Closely correlated
+0.37%
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