John Hancock Mortgage Backed Securities ETF (JHMB)

John Hancock Mortgage Backed Securities ETF (JHMB) is an exchange-traded fund in the Securitized Bond Diversified category. It has $200.86M in assets, an expense ratio of 0.39% and a 4.75% dividend yield. Under normal market conditions, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in mortgage-backed securities. The fund may invest in mortgage-related securities issued or guaranteed by U.S. governmental entities and privately issued mortgage-related securities. The fund may invest up to 20% of its net assets in non-mortgage-backed securities including other asset-backed securities and Collateralized Loan Obligations (CLOs) and cash and cash equival…