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Manulife Global Unconstrained Bond Fund Advisor Series

High Yield Fixed Income

FundGrade D Click for more information on Fundata’s FundGrade

FundGrade D

Click for more information on Fundata’s FundGrade.

FundGrade A+® Rating Recipient

FundGrade A+® Rating Recipient

2020, 2019, 2018, 2017, 2016

Click for more information on Fundata’s FundGrade

NAVPS
(07-21-2025)
$7.77
Change
$0.01 (0.15%)

As at June 30, 2025

As at May 31, 2025

Period
Created with Highcharts 10.3.3Jan 2012Jan 2013Jan 2014Jan 2015Jan 2016Jan 2017Jan 2018Jan 2019Jan 2020Jan 2021Jan 2022Jan 2023Jan 2024Jan 2025Jul 2022Oct 2022Apr 2023Jul 2023Oct 2023Apr 2024Jul 2024Oct 2024Apr 2025Jan 2013Jan 2015Jan 2017Jan 2019Jan 2021Jan 2023Jan 2025Jan 2…$10,000$20,000$7,500$12,500$15,000$17,500$9,500$10,500$11,000$11,500$12,000Period

Legend

Manulife Global Unconstrained Bond Fund Advisor Series

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Fund Returns

Inception Return (June 16, 2011): 4.76%

Fund Returns
Row Heading Return Annualized Return
1 Mth 3 Mth 6 Mth YTD 1 Yr 2 Yr 3 Yr 4 Yr 5 Yr 6 Yr 7 Yr 8 Yr 9 Yr 10 Yr
Fund 1.20% 1.60% 2.42% 2.42% 6.60% 6.93% 6.44% 0.03% 1.85% 1.94% 2.68% 2.38% 3.07% 3.43%
Benchmark 1.47% -0.66% 1.39% 1.39% 11.51% 12.96% 12.81% 5.35% 5.30% 5.02% 5.27% 5.04% 5.83% 5.88%
Category Average 1.42% 2.40% 3.00% 3.00% 7.58% 7.77% 6.81% 2.02% 3.86% 3.08% 3.29% 3.05% 3.59% 3.21%
Category Rank 163 / 245 196 / 245 144 / 242 144 / 242 203 / 242 215 / 235 202 / 232 222 / 229 218 / 219 209 / 213 173 / 196 165 / 184 144 / 168 98 / 160
Quartile Ranking 3 4 3 3 4 4 4 4 4 4 4 4 4 3

Monthly Return

Created with Highcharts 10.3.3-4%-2%0%2%4%
Monthly Return
Return % Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
Fund 1.66% 1.26% 1.19% -0.63% 0.70% -0.15% 1.06% 0.62% -0.87% -0.85% 1.26% 1.20%
Benchmark 2.95% -0.48% 2.00% 2.26% 0.82% 2.08% 1.94% 0.36% -0.24% -3.14% 1.07% 1.47%

Best Monthly Return Since Inception

6.47% (January 2015)

Worst Monthly Return Since Inception

-12.47% (March 2020)

Calendar Return (%)

Created with Highcharts 10.3.3-20%-10%0%10%20%
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund 6.76% 11.53% 5.01% -2.24% 11.77% 7.41% -0.34% -12.95% 6.73% 6.79%
Benchmark 14.93% 10.80% 2.96% 5.36% 7.98% 6.14% 0.50% -6.92% 10.36% 17.23%
Category Average -2.71% 9.58% 5.34% -2.63% 9.49% 5.35% 3.21% -10.00% 8.59% 7.12%
Quartile Ranking 1 3 3 2 2 1 4 4 4 3
Category Rank 13/ 153 106/ 167 95/ 175 83/ 186 83/ 211 36/ 218 210/ 222 210/ 229 216/ 235 175/ 241

Best Calendar Return (Last 10 years)

11.77% (2019)

Worst Calendar Return (Last 10 years)

-12.95% (2022)

Asset Allocation

Asset Allocation
Name Percent
Foreign Corporate Bonds 86.07
Cash and Equivalents 7.02
Foreign Government Bonds 3.42
Foreign Bonds - Other 2.46
US Equity 0.70
Other 0.33

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 92.28
Cash and Cash Equivalent 7.01
Utilities 0.18
Telecommunications 0.08
Real Estate 0.05
Other 0.40

Geographic Allocation

Geographic Allocation
Name Percent
North America 94.72
Europe 2.37
Latin America 1.76
Asia 0.74
Africa and Middle East 0.41

Top Holdings

Top Holdings
Name Percent
Cash and Cash equivalents 4.15
VENTURE GLOBAL LNG IN FRN 9.00% 31-Dec-2049 0.97
TWTR TL 1L USD 0.96
Cloud Software Group Inc 9.00% 30-Sep-2029 0.66
1261229 BC Ltd 10.00% 15-Apr-2032 0.66
Barclays PLC 8.00% PERP 0.58
Enbridge Inc 8.50% 15-Oct-2033 0.58
US Dollar 0.58
CCO Holdings LLC 7.38% 01-Mar-2031 0.55
Caesars Entertainment Inc 7.00% 15-Feb-2030 0.53

Equity Style

Equity style data not available

Fixed Income Style

Average Duration: S. Average Credit Quality: L.
Period: 

Risk vs Return (3 Yr)

Created with Highcharts 10.3.3Risk (Annualized Standard Deviation)ReturnMedian DeviationMedian Return1234567891011122%4%6%8%10%12%14%

Manulife Global Unconstrained Bond Fund Advisor Series

Median

Other - High Yield Fixed Income

3 Yr Annualized

Standard Deviation 6.04% 6.59% 7.05%
Beta 0.67% 0.71% 0.76%
Alpha -0.02% -0.02% -0.01%
Rsquared 0.30% 0.46% 0.50%
Sharpe 0.40% -0.07% 0.27%
Sortino 0.93% -0.19% 0.11%
Treynor 0.04% -0.01% 0.02%
Tax Efficiency 70.41% - 37.92%
Volatility Volatility rating is 2 on a scale of 1 to 10 Volatility rating is 3 on a scale of 1 to 10 Volatility rating is 3 on a scale of 1 to 10

Risk Rating

Rating 2 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 3.17% 6.04% 6.59% 7.05%
Beta 0.26% 0.67% 0.71% 0.76%
Alpha 0.04% -0.02% -0.02% -0.01%
Rsquared 0.22% 0.30% 0.46% 0.50%
Sharpe 0.98% 0.40% -0.07% 0.27%
Sortino 1.87% 0.93% -0.19% 0.11%
Treynor 0.12% 0.04% -0.01% 0.02%
Tax Efficiency 70.03% 70.41% - 37.92%

Fund Details

Start Date June 16, 2011
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) $2,848

Fund Codes

FundServ Code Load Code Sales Status
MMF14432
MMF4232
MMF4332
MMF4432
MMF44432
MMF44732
MMF4527
MMF4532
MMF4732

Investment Objectives

The Fund’s investment objectives are to provide securityholders with monthly distributions and to preserve capital while providing the opportunity for long-term capital appreciation. The Fund has been created to invest in an actively managed portfolio comprised primarily of fixed income securities of global issuers, including corporate bonds (investment grade and high yield) and government bonds (developed and emerging markets).

Investment Strategy

The Fund is actively managed by the portfolio sub-advisors. In order to achieve its investment objectives, the portfolio sub-advisors will opportunistically invest across the spectrum of global government and corporate debt securities, of any quality or term. In addition, the portfolio sub-advisors will actively manage the fund's regional, country and currency allocations, and may invest in securities from both developed and emerging markets.

Portfolio Management

Portfolio Manager

Manulife Investment Management Limited

  • Paolo Valle
  • Roberto Sanchez-Dahl
  • Caryn Rothman
Sub-Advisor

Manulife Investment Management (US) LLC

  • John Addeo
  • Daniel S. Janis III
  • Dennis F. McCafferty

Manulife Investment Management (Hong Kong) Limited

  • Endre Pedersen
  • Neal Capecci
  • Jimond Wong

Manulife Investment Management (Europe) Limited

Manulife Investment Management (Singapore) Pte.Ltd

Management and Organization

Fund Manager

Manulife Investment Management Limited

Custodian

RBC Investor Services Trust (Canada)

Registrar

Manulife Investment Management Limited

Distributor

-

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 25
PAC Subsequent 25
SWP Allowed Yes
SWP Min Balance 5,000
SWP Min Withdrawal 100

Fees

MER 1.68%
Management Fee 1.30%
Load Choice of Front or No Load
FE Max 5.00%
DSC Max -
Trailer Fee Max (FE) 0.50%
Trailer Fee Max (DSC) 0.50%
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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