Emerging Markets Debt Fund
John Hancock Funds II · 6 share classes
Fund classification
Classified from what the fund holds · as of 2026 Q2
Emerging Markets Debt Fund is an actively managed emerging-markets bond fund.
- Asset class
- Bonds
- Region
- Emerging markets
- Management
- Actively managed
- Fund type
- Open-end fund
- Credit quality
- Mixed credit
- Rate sensitivity
- Intermediate duration
- Features
- Non-diversified
Fund profile
This fund files no prospectus profile. Unit investment trusts and closed-end funds register on forms that carry no objective or fee tagging, and some fund families file without it — a gap in what was filed, not a fund without an objective or without fees.
Allocation
Asset groups · long / short shown separately, never netted · 2026 Q2
| Bonds | 97.27% |
| Cash & short-term | 1.96% |
| Stocks | 0.04% |
| Derivatives | -0.77% |
The outer band is exposure held short — written against the portfolio rather than part of it, which is why it sits outside the ring and why the two are never netted into one figure.
Derivatives are shown at market value, not notional exposure.
Latest quarter
What changed since the fund's previous filing
Largest new: United States Treasury Note/Bond, Peru Government Bond, MEXICAN BONOS BONDS 02/36 8, Turkey Government International Bond, Farmer Mac Discount Notes, Mexico Government International Bond, International Finance Corporation, ANGOLAN GOVERNMENT INTERNATION SR UNSECURED 144A 03/33 9.375
Largest exited: United States Treasury Note/Bond ×2, GreenSaif Pipelines Bidco S.a r.l., Asian Development Bank, Coca-Cola FEMSA S.A.B. de C.V., Africa Finance Corporation, Panama, Turkcell Iletisim Hizmetleri A.S.
Return profile
Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026
| Share class | 1-year | 3-year | 5-year | Vol | Worst fall |
|---|---|---|---|---|---|
| +12.30% | +35.24% | +16.41% | 5.79% | -6.43% | |
| +12.37% | +35.53% | +17.50% | 5.79% | -6.48% | |
| +12.80% | +36.23% | +18.34% | 5.81% | -6.45% | |
| +11.42% | +31.86% | +11.97% | 5.66% | -6.73% | |
| — | — | — | — | — | |
| +12.67% | +36.19% | +18.29% | 5.61% | -6.46% |
May 2026 has been filed since the trailing figures were struck, so it is not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.
Debt profile
What this fund holds — value-weighted across its bond and securitized long positions · as of 2026-05-31
Share of the fund's debt by how its coupon behaves — the fact that decides whether a rate move reaches this portfolio at all.
| Fixed rate | 86.8% |
| Floating rate | 9.7% |
| Zero-coupon or unclassified | 3.5% |
Share of the fund's debt value in each maturity band, shortest first.
| <1y | 9.0% |
| 1-3y | 8.2% |
| 3-5y | 9.4% |
| 5-10y | 33.3% |
| 10y+ | 40.2% |
These three overlap — one holding can be in arrears and paying in kind at once — so they are shown separately and never summed.
Risk profile
Interest-rate and credit-spread sensitivity, both in years · as of 2026Q2
Most of this fund’s sensitivity is to interest rates, with credit spreads carrying nearly as much.
Where the loss would come from. The two shocks are the same size, so this is the balance of the fund's two sensitivities rather than a bet on one moving more.
| Interest rates | 53% |
| Credit spreads | 47% |
Filers report the impact of a 0.01% move only, so the total is our own scaling of that one number and overstates the loss on most bonds — read it as approximate, never as precise. The two sensitivities overlap rather than add up: they measure the same positions against different shocks, which is why the durations above are shown side by side and never summed.
Share of the fund's spread duration carried by each credit tier.
| Investment grade | +3.49 yr |
| High yield | +2.47 yr |
Share of duration at each point, shortest first. A positive figure loses value when spreads widen; a negative one offsets — a credit hedge.
| 1 yr | 0.47 yr | 7% |
| 5 yr | 2.03 yr | 30% |
| 10 yr | 3.02 yr | 44% |
| 30 yr | 1.34 yr | 19% |
3 mo is NEGATIVE (-0.01 yr) — a deliberate hedge at that point on the curve, so it is not part of the band above.
| 3 mo | 0.01 yr | 0% |
| 1 yr | 0.33 yr | 5% |
| 5 yr | 1.54 yr | 26% |
| 10 yr | 2.74 yr | 46% |
| 30 yr | 1.35 yr | 23% |
The two bands measure the same positions against different shocks and do not add — a Treasury carries rate duration and no spread duration, a floating-rate credit the reverse. Rate tenors are also summed across every currency the fund discloses.
Show the numbers
| Tenor | Rate yrs | IG yrs | HY yrs | IG $/bp | HY $/bp |
|---|---|---|---|---|---|
| 3 mo | -0.01 | +0.01 | +0.01 | $1.1k | $1.6k |
| 1 yr | +0.47 | +0.12 | +0.20 | $25.8k | $41.9k |
| 5 yr | +2.03 | +0.75 | +0.80 | $155.1k | $165.7k |
| 10 yr | +3.02 | +1.70 | +1.04 | $352.6k | $216.4k |
| 30 yr | +1.34 | +0.92 | +0.43 | $192.3k | $88.6k |
Dollar change per 1bp of spread movement, as filed and sign-anchored. A blank cell was not filed; a zero was.
Duration contribution in years, summing to the fund's 6.85 yr.
This is where the fund's rate exposure sits, not its currency risk — most international bond funds hedge the currency back to dollars, and the size of those hedges is not in the filing. Tenors are also summed across curves, so a 5-year JPY point and a 5-year USD point are added together.
Holdings
By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page
| Ticker | Issuer | %NAV | Value | Shares |
|---|---|---|---|---|
| — | United States Treasury Note/Bond3.75% · due 2028-04-30 | 2.80% | $58.28M | — |
| — | Argentine Republic Government International Bond4.13% floating · due 2035-07-09 | 2.15% | $44.81M | — |
| — | BRAZIL NOTAS DO TESOURO NACION NOTES 01/27 1010.00% · due 2027-01-01 | 2.03% | $42.25M | — |
| — | Peru Government Bond6.90% · due 2037-08-12 | 2.00% | $41.57M | — |
| — | JH COLLATERAL | 1.96% | $40.76M | — |
| — | MEXICAN BONOS BONDS 02/36 88.00% · due 2036-02-21 | 1.91% | $39.70M | — |
| — | ECUADOR GOVERNMENT INTERNATION SR UNSECURED REGS 07/35 VAR6.90% floating · due 2035-07-31 | 1.64% | $34.20M | — |
| — | Turkey Government International Bond6.00% · due 2041-01-14 | 1.62% | $33.77M | — |
| — | Turkey Government International Bond6.38% · due 2031-05-22 | 1.53% | $31.73M | — |
| — | Farmer Mac Discount Notes0.00% · due 2026-06-01 | 1.48% | $30.78M | — |
Top 10 positions are 19.13% of net assets, top 25 35.07%, across 169 issuers.
See more of this fund's book
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