Welcome to our dedicated page for John Hancock Freedom 529 Money Market Portfolio news (Ticker: JMMXX), a resource for investors and traders seeking the latest updates and insights on John Hancock Freedom 529 Money Market Portfolio stock.
John Hancock Freedom 529 Money Market Portfolio (symbol: JMMXX) is a money market fund that offers a conservative investment option for college savings. The fund aims to provide stability and liquidity while generating modest returns. With a focus on capital preservation, JMMXX invests in short-term, high-quality securities, making it ideal for investors seeking low-risk alternatives. The fund's performance is closely tied to interest rates and market conditions, making it a reliable choice for those looking to safeguard their savings.
Janus Henderson Group plc reported solid investment performance with a significant percentage of assets outperforming benchmarks, AUM increased to US$352.6 billion, diluted EPS of US$0.81, strategic acquisitions of NBK Capital Partners and Tabula Investment Management, and returning capital to shareholders. The Company declared a quarterly dividend of US$0.39 per share and approved a new share repurchase authorization of up to US$150 million.
Janus Henderson Group reported solid investment performance with 41%, 67%, 70%, and 75% of assets under management (AUM) outperforming benchmarks over one, three, five, and ten years, respectively, as of December 31, 2022. AUM increased by 5% to $287 billion, despite $11 billion in net outflows. Fourth-quarter diluted EPS was $0.39, a decrease from $0.65 in Q3 2022. Operating income dropped to $67.8 million from $120.7 million in Q3. The company declared a quarterly dividend of $0.39 per share and returned $358 million through dividends and buybacks in 2022. Janus is focusing on growth amidst market volatility.
Janus Henderson Group reported its third quarter 2022 financial results, revealing a 50%, 64%, 67%, and 75% asset performance over one-, three-, five-, and ten-year benchmarks. However, AUM decreased by 8% to US$274.6 billion, driven by market declines and US$5.8 billion in net outflows. Third quarter diluted EPS was US$0.65, down from US$1.14 year-over-year. The board declared a quarterly dividend of US$0.39 per share. The company is implementing cost efficiencies of US$40-$45 million to support growth.
Janus Henderson Group plc (JHG) reported its second quarter 2022 results, highlighting a 17% decrease in Assets Under Management (AUM) to US$299.7 billion. Despite facing net outflows of US$(7.8) billion, 50% of AUM outperformed benchmarks over the past year. Second quarter diluted EPS stood at US$0.56, down from US$0.79 a year earlier. Operating income was US$143.9 million, marking a 36% drop year-over-year. The company executed US$56 million in share buybacks and declared a dividend of US$0.39 per share. JHG aims for organic growth despite challenges.
Janus Henderson Group (JHG) reported its first quarter 2022 results, showing solid long-term investment performance with 50% of assets under management (AUM) outperforming benchmarks. Operating income decreased to US$124.6 million from US$192.5 million year-over-year. Adjusted operating income was US$178.8 million, down from US$201.5 million. The company declared a 3% dividend increase to US$0.39 per share and authorized US$200 million in share buybacks. AUM declined to US$361.0 billion, primarily due to market impacts and the sale of its subsidiary Intech.
Janus Henderson Group plc (NYSE: JHG) reported strong fourth-quarter 2021 results, achieving operating income of US$157.6 million and adjusted operating income of US$239.7 million, reflecting a 3% annual increase. The company’s AUM reached a record US$432.3 billion, despite net outflows of US$(5.2 billion), primarily in Quantitative Equities. The Board declared a quarterly dividend of US$0.38 per share and completed US$66.9 million in share buybacks. The company also announced the strategic sale of its Quantitative Equities subsidiary, enhancing operational focus for both entities.