John Hancock Funds II Multimanager 2045 Lifetime Portfolio (JLJAX)

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John Hancock Funds II Multimanager 2045 Lifetime Portfolio (JLJAX) is up 12.5% since the beginning of the year. JLJAX is currently trading at $13 per share. Investors who bought $1,000 worth of JLJAX shares 5 years ago would now be looking at an investment worth $1,484.

John Hancock Funds II Multimanager 2045 Lifetime Portfolio (JLJAX) has returned 12.50% so far this year and 26.69% over the past 12 months. Over the last ten years, JLJAX has returned 10.82% per year, falling short of the S&P 500 Index benchmark, which averaged 13.66% annually.

Based on dividend-adjusted daily data since Oct 30, 2006, JLJAX's average daily return is +0.04%, while the average monthly return is +0.70%. At this rate, an investment would double in approximately 8.3 years.

Historically, 62% of months were positive and 38% were negative. The best month was Apr 2009 with a return of +12.0%, while the worst month was Oct 2008 at -20.0%. The longest winning streak lasted 13 consecutive months, and the longest losing streak was 6 months.

On a daily basis, JLJAX closed higher 52% of trading days. The best single day was Oct 13, 2008 with a return of +10.9%, while the worst single day was Mar 16, 2020 at -10.7%.

John Hancock Funds II Multimanager 2045 Lifetime Portfolio has an annualized alpha of -0.73%, beta of 0.90, and R2 of 0.95 versus S&P 500 Index. Calculated based on daily prices since October 31, 2006.

• This fund participated in 97.67% of S&P 500 Index downside but only 90.80% of its upside - more exposed to losses than it benefited from rallies.
• With beta of 0.90 and R2 of 0.95, this fund moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.

JLJAX has an expense ratio of 0.42%, placing it in the medium range.

JLJAX ranks 59 for risk / return — on par with similar mutual funds. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.

The table below present risk-adjusted performance metrics for John Hancock Funds II Multimanager 2045 Lifetime Portfolio (JLJAX) and compare them to S&P 500 Index.

John Hancock Funds II Multimanager 2045 Lifetime Portfolio provided a 8.22% dividend yield over the last twelve months, with an annual payout of $1.04 per share. The fund has been increasing its distributions for 2 consecutive years.

The table displays the monthly dividend distributions for John Hancock Funds II Multimanager 2045 Lifetime Portfolio. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the John Hancock Funds II Multimanager 2045 Lifetime Portfolio. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the John Hancock Funds II Multimanager 2045 Lifetime Portfolio was 56.52%, occurring on Mar 9, 2009. Recovery took 983 trading sessions.

The chart below shows the rolling one-month volatility.