Short Duration Credit Opportunities Fund

Data updated: 2021-12-29

C000128543 — Short Duration Credit Opportunities Fund. Short Bond · $126.65M AUM · 0.88% expense ratio. Holdings, fees, performance and SEC filings.

C000128543 Fund Overview

Short Duration Credit Opportunities Fund is a US mutual fund managed by John Hancock Funds II, categorised as Short Bond. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.

Type: US mutual fund
Manager: John Hancock Funds II
Category: Short Bond
Assets under management: $126.65M
1-year return: 4.3%
SEC CIK: 0001331971
SEC series ID: S000026718
Share class ID: C000128543

C000128543 Investment Objective and Strategy

Short Duration Credit Opportunities Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by John Hancock Funds II.

Investment objective

To seek to maximize total return, which consists of income on its investments and capital appreciation.

Principal investment strategy

The fund will normally invest in a portfolio of fixed-income securities. Under normal circumstances, the fund will invest at least 80% of its assets in bonds and related investments and maintain an average portfolio duration of approximately three years or less. Related investments include derivatives (such as total return swaps, interest-rate swaps, credit default swaps, credit default swap indexes, and futures), loans, and credit-linked notes, and may be used for hedging purposes or as a substitute for investing in bonds. Some loans may be illiquid. Segments of the global market among which the fund may allocate its assets include U.S. government obligations, mortgage- and asset-backed securities, investment- and below-investment-grade U.S. and foreign corporate debt (including floating-rate loans) and sovereign debt (including debt of issuers in emerging markets).

The manager combines quantitative modeling that seeks to measure the relative risks and opportunities of each market segment with its own assessment of economic and market conditions to create an optimal risk/return allocation of the fund's assets among these segments. After allocating by sector, the manager uses traditional credit analysis to identify individual securities to purchase. Factors the manager may consider when evaluating U.S. government and agency obligations and mortgage-backed securities include yield curve shifts, credit quality, changing prepayment patterns, and other factors. With respect to corporate debt, such factors include the issuer's financial strength and sensitivity to economic conditions, the issuer's operating history, and the experience and track record of management.

With respect to foreign government debt, such factors include currency, inflation, and interest rate trends, growth rate forecasts, market liquidity, fiscal policies, political outlook, and tax environment. The fund's investments may include, among other things, sovereign debt securities, corporate debt securities, structured notes, securities issued by supranational organizations, fixed- and floating-rate commercial loans, securitized loan participations, Rule 144A securities, asset-backed securities, depositary receipts, mortgage-backed securities (including transferable private issuer mortgage-backed securities), non-publicly traded securities, payment-in-kind bonds, inflation-protected and other index-linked securities, interest-only securities, step-up securities, zero coupon bonds and related derivatives.

While some loans are collateralized and senior to an issuer's other debt securities, other loans may be unsecured and/or subordinated. The fund may engage in derivative transactions for hedging purposes or as a substitute for investing in bonds. Derivatives may include U.S. Treasury, currency, and index futures and interest-rate and credit swaps (including credit default swaps on securities and credit indexes). The fund seeks capital appreciation through industry selection, sector selection, and security selection. The fund may invest in securities of any credit rating (including unrated securities), including without limit in higher risk, below-investment-grade debt securities (junk bonds). The fund may invest in securities of any duration and maturity. Duration is an approximate measure of the sensitivity of a fixed-income security to interest-rate risk.

Securities with higher durations are generally more sensitive to this risk.

C000128543 Performance

Total returns for C000128543 (as of 2026-10-01), from SEC filings.

Period	Total return
1 year	4.3%
3 years (annualised)	3.4%

C000128543 Risk Information

Risk metrics for C000128543, derived from monthly returns in SEC filings.

1-year volatility (annualised): 2.9%

C000128543 Costs and Fees

C000128543 costs about $88 per $10,000 invested per year in fund expenses.

Net expense ratio: 0.88%
Gross expense ratio: 0.89%
Portfolio turnover: 71%
Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)

C000128543 Cashflows

Over the 12 months to 2021-10, Short Duration Credit Opportunities Fund had net outflows of $559.07M, from monthly SEC N-PORT filings.

Month	Net flow
2021-10	−$6.04M
2021-09	−$4.79M
2021-08	−$16.92M
2021-07	−$11.34M
2021-06	−$16.40M
2021-05	$1.90M

C000128543 Debt Constituents

No individual debt constituents are reported in Short Duration Credit Opportunities Fund's latest SEC N-PORT filing.

C000128543 Prospectus and SEC Filings

Official Short Duration Credit Opportunities Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

Related Funds

Other Short Bond funds tracked on ABC INVEST:

Data Sources

ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.