John Hancock Emerging Markets Debt Fund Q3 2025 Commentary (JMKAX)

John Hancock Investment Management 26 Follower s Follow 5 Share Save Play ( 5min ) Comments Summary Emerging-market debt posted strong returns in the third quarter, benefiting from decelerating inflation, lower interest rates, and a risk-on market environment. The fund underperformed its benchmark, the J.P. Morgan EMBI Global Diversified Index. Inflation continued to ease in many emerging economies, which provided a favorable backdrop for bonds. The fund's exposure to Brazil was one of the largest detractors from performance, including two high-yield corporate bond holdings and local market bonds. In this uncertain environment, we're maintaining a defensive posture for the portfolio. Sumedha Lakmal/iStock via Getty Images Highlights Emerging-market debt posted strong returns in the third quarter, benefiting from decelerating inflation, lower interest rates, and a risk-on market environment. Within emerging markets, sovereign government bonds outpaced corporate securities, while high-yield bonds fared better This article was written by John Hancock Investment Management 26 Follower s Follow A company of Manulife Investment Management, John Hancock Investment Management serves investors through a unique multimanager approach, complementing our extensive in-house capabilities with an unrivaled network of specialized asset managers, backed by some of the most rigorous investment oversight in the industry. The result is a diverse lineup of time-tested investments from a premier asset manager with a heritage of financial stewardship. Note: This account is not managed or monitored by John Hancock Investment Management, and any messages sent via Seeking Alpha will not receive a response. For inquiries or communication, please use John Hancock Investment Management's official channels.

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