ETF Evaluator:
JHancock Global Senior Loan ETF ()
Follow This ETF
(as of Nov 13)
Best Performing in Bank Loan Over the Last Year
| 5.1% | Virtus Seix Senior Loan ETF (SEIX) |
| 5.0% | PGIM Floating Rate Income ETF (PFRL) |
| 4.5% | Pacer Aristotle Pac Ast Fl Rt Hi Inc ETF (FLRT) |
| 4.4% | PIMCO Senior Loan and Short-Term Act ETF (LONZ) |
| 4.1% | T. Rowe Price Floating Rate ETF (TFLR) |
Risk
Index
Risk
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ETF Details
JHancock Global Senior Loan ETF Overview
JHancock Global Senior Loan ETF (JHLN) is an actively managed Taxable Bond Bank Loan exchange-traded fund (ETF). John Hancock launched the ETF in 2025.
The investment seeks a high level of current income.O
Under normal market conditions, the fund invests at least 80% of its assets (plus any borrowings for investment purposes) in a diversified portfolio of Senior Loans. “Senior Loans” are investments in originated first and second lien loans, delayed draw term loans, revolving credit facilities, and club deals and will include, but are not limited to, senior secured floating rate bank loans.
About JHancock Global Senior Loan ETF (JHLN)
There are 1 members of the management team with an average tenure of 1.20 years: James Fitzpatrick (2025). Management tenure is more important for actively managed ETFs than passive index ETFs.
JHancock Global Senior Loan ETF has 466 securities in its portfolio. The top 10 holdings constitute 4.7% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a diversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.
JHancock Global Senior Loan ETF is part of the Fixed Income global asset class and is within the Taxable Bond ETF group. JHancock Global Senior Loan ETF has 86.2% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 0.0% There is 0.0% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 89.0% (2.8% domestic bond, 86.2% foreign bond and 0.0% convertible bond). JHancock Global Senior Loan ETF has 11.0% of the portfolio in cash.
Assets Under Management
The fund has $626 million in total assets, which is below the $1 billion average for the Bank Loan category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
JHLN Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The JHancock Global Senior Loan ETF expense ratio is above average compared to funds in the Bank Loan category. JHancock Global Senior Loan ETF has an expense ratio of 0.62%, which is 6% higher than its category average, making the fund expense ratio grade a D. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. JHancock Global Senior Loan ETF has a portfolio turnover rate of 26%, which indicates that it holds its assets around / 0.0 years. By way of comparison, the average portfolio turnover is 85% for the Bank Loan category.
Recently, in the month of October 2026, JHancock Global Senior Loan ETF returned -0.3%, which earned it a grade of D, as the Bank Loan category had an average return of -0.1%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.
JHancock Global Senior Loan ETF has a trailing yield of 5.52%, which is below the 7.06% category average.
The fund normally distributes its income monthly and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
JHancock Global Senior Loan ETF Grades
Year to date, the ETF has returned 2.3%, 0.5 percentage points worse than the category, which translates into a grade of F. The fund has returned 3.2% over the past year (grade of D).
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JHLN Trailing NAV Total Returns Data as of 10/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| JHLN Return (NAV) | -0.3% | 0.9% | 3.2% | na | na | na |
| JHLN Return (Price) | 0.5% | 1.6% | 3.8% | na | na | na |
| NAV +/- Price Return | -0.770% | -0.622% | -0.552% | na | na | na |
| Bank Loan Avg | -0.1% | 0.9% | 3.8% | 6.9% | 5.4% | 4.5% |
| JHLN Grade (NAV) | D | C | D | na | na | na |
| +/- Category (NAV) | -0.1% | 0.0% | -0.5% | na | na | na |
| JHLN Tax-Cost Ratio | na | na | 2.2% | na | na | na |
JHLN Annual NAV Total ReturnsData as of 10/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| JHLN Return (NAV) | 2.3% | na | na | na | na | na | na | na | na | na | na |
| JHLN Return (Price) | 2.5% | na | na | na | na | na | na | na | na | na | na |
| NAV +/- Price Ret | 0.071% | na | na | na | na | na | na | na | na | na | na |
| Bank Loan Avg | 2.8% | 5.7% | 8.7% | 12.7% | -2.3% | 4.0% | 2.6% | 8.7% | -0.4% | 2.8% | 7.6% |
| JHLN Grade (NAV) | F | na | na | na | na | na | na | na | na | na | na |
| +/- Category | -0.5% | na | na | na | na | na | na | na | na | na | na |
| Risk Measures | |
| Beta: | na |
| R-Squared: | na |
| Standard Deviation: | na |
| Category Risk Index: | na |
| Category Risk Rating: | |
| Total Risk Index: | na |
| Total Risk Rating: | |
| Portfolio Characteristics | |
| Yield: | 5.5% |
| Total Assets: | $ 627 Mil |
| Share Class Assets: | $ 627 Mil |
| Turnover: | 26.0% |
| Expense Ratio: | 0.62% |
| Index Fund: | No |
| Index Tracked: | N/A |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | No |
| Capital Gains Distribution Frequency: | Annually |
| Income Distribution Frequency: | Monthly |
Management Team
| Number of Managers: 1 | |||
| Longest Tenure: 1.2 years | |||
| Average Tenure: 1.2 years | |||
| Managers (Year): Fitzpatrick James (2025) | |||
Portfolio Composition (as of 10/30/26)
| # of Holdings: | 466 |
| % in Top 10 Holdings: | 4.7% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 86.2% |
Portfolio Allocation |
|
| Domestic Stock: | 0.0% |
| Foreign Stock: | 0.0% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 2.8% |
| Foreign Bond: | 86.2% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 11.0% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | John Hancock |
| Phone Number: | 800-225-6020 |
| Website: | www.jhfunds.com |
| Inception Date: | August 19, 2025 |
Expenses and Fees
| Expense Ratio (%): | 0.62% (Rating: Above Avg) |
| Category Average Expense Ratio (%): | 0.58% |
