JAAXX — Money Market Trust
Data updated: 2026-04-15
JAAXX — Money Market Trust. Money Market · 0.53% expense ratio. Holdings, fees, performance and SEC filings.
JAAXX Fund Overview
JAAXX — Money Market Trust is a US mutual fund managed by John Hancock Variable Insurance Trust, categorised as Money Market. 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 Variable Insurance Trust
- Category: Money Market
- Ticker: JAAXX
- SEC CIK: 0000756913
- SEC series ID: S000008290
- Share class ID: C000022642
JAAXX Investment Objective and Strategy
Money Market Trust describes its objective and strategy as follows, from its latest prospectus filed with the SEC by John Hancock Variable Insurance Trust.
Investment objective
To obtain maximum current income consistent with preservation of principal and liquidity.
Principal investment strategy
The fund operates as a government money market fund in accordance with Rule 2a-7 under the Investment Company Act of 1940, as amended, and is managed in the following manner: ? under normal market conditions, the fund invests at least 99.5% of its total assets in cash, U.S. government securities and/or repurchase agreements that are fully collateralized by U.S. government securities or cash; ? ?U.S. government securities include both securities issued or guaranteed by the U.S. Treasury and securities issued by entities that are chartered or sponsored by Congress but are not issued or guaranteed by the U.S. Treasury; ? the fund seeks to maintain a stable net asset value (NAV) of $1.00 per share and its portfolio is valued using the amortized cost method as permitted by Rule 2a-7; ? the fund invests only in U.S.
dollar-denominated securities; ? the fund buys securities that have remaining maturities of 397 days or less (as calculated pursuant to Rule 2a-7); ? the fund maintains a dollar-weighted average maturity of 60 days or less and a dollar-weighted average life to maturity of 120 days or less; ? the fund must meet certain other criteria, including those relating to maturity, liquidity and credit quality; and ? as a government money market fund, the fund is not subject to liquidity fees, although the funds Board of Trustees may elect to impose such fees in the future. The fund generally expects to declare and pay dividends from net investment income on a daily basis on each share class as long as the income attributable to a class exceeds the expenses attributable to that class on each day. If class expenses exceed class income on any day, the fund will not pay a dividend on the class on that day and will resume paying dividends only when, on a future date, the accumulated net investment income of the class is positive.
The fund has adopted this policy because, in a low interest rate investment environment, it may find that on any given day or on a number of consecutive days, its investment returns may be less than the expenses attributable to a class. For a more complete description of this policy, which can result in the fund not paying dividends on one or more classes for one or more periods that may be as short as a day or quite lengthy, see General Information Dividends below. For a description of the allocation of expenses among fund share classes, see Rule 12b-1 plans in the prospectus.
JAAXX Holdings
Top 10 holdings of Money Market Trust by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Tri-Party Repurchase Agreement with Barclays Capital, Inc. | 12.27% |
| Repurchase Agreement with State Street Corp. | 9.16% |
| Tri-Party Repurchase Agreement with Goldman Sachs Group, Inc. | 7.29% |
| U.S. Treasury Note | 4.78% |
| U.S. Treasury Bill | 3.59% |
| U.S. Treasury Bill | 2.16% |
| Federal Home Loan Bank | 1.77% |
| Federal Home Loan Bank | 1.72% |
| U.S. Treasury Bill | 1.72% |
| Federal Home Loan Bank | 1.48% |
JAAXX Costs and Fees
JAAXX costs about $53 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.53%
- Gross expense ratio: 0.64%
JAAXX Debt Constituents
No individual debt constituents are reported in Money Market Trust's latest SEC N-PORT filing.
JAAXX Prospectus and SEC Filings
Official Money Market Trust filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other Money Market 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.