JMADX Fees and Costs — John Hancock Managed Account Shares Non-Investment-Grade Corporate Bond Portfolio
Data updated: 2026-09-24
The net expense ratio is 0.00%: a 0.63% management fee plus 0.11% other expenses, less a 0.74% fee waiver. There are no sales loads or redemption fees. Portfolio turnover was 61%.
JMADX Fees and Expenses
Annual operating expenses and sales charges of JMADX. Prospectus, as of May 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.63% |
| 12b-1 fee | — |
| Other expenses | 0.11% |
| Gross expense ratio | 0.74% |
| Fee waiver | −0.74% |
| Net expense ratio | 0.00% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
JMADX Costs Over Time
On $10,000 invested in JMADX, assuming 5% a year before costs, total costs come to $0 over 5 years, cutting the return by 0.00% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.00%) | $0 | $0 | $0 |
| Lost growth on money paid in costs | $0 | $0 | $0 |
| Total costs | $0 | $0 | $0 |
| Value after costs | $10,500 | $11,576 | $12,763 |
| Impact on return, per year | 0.00% | 0.00% | 0.00% |
JMADX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending May 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $411.9M
- Portfolio turnover (prospectus): 61%
- Securities lending: none during the year
JMADX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Global Markets, LLC | $180.8M | 49.16% |
| J.P. Morgan Securities LLC | $31.6M | 8.60% |
| Morgan Stanley & Co. LLC | $30.9M | 8.42% |
| Goldman Sachs & Co. LLC | $28.9M | 7.85% |
| Barclays Bank PLC | $23.5M | 6.39% |
| Citigroup Global Markets Holdings Inc. | $19.5M | 5.31% |
| Merrill Lynch, Pierce, Fenner & Smith Incorporated | $18.4M | 5.00% |
| Royal Bank of Canada | $13.1M | 3.56% |
| Jane Street Execution Services, LLC | $11.6M | 3.15% |
| Jefferies LLC | $9.4M | 2.55% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.