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John Hancock Freedom 529 Money Market Portfolio - JMMXX STOCK NEWS

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.

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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.

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Janus Henderson Group plc (NYSE: JHG) reported strong long-term investment performance, with 60%, 69%, and 71% of assets under management outperforming relevant benchmarks on a three-, five-, and 10-year basis. AUM increased by 9% quarter over quarter and 17% year over year to US$334.9 billion as of December 31, 2023. The company also experienced net outflows of US$(0.7) billion in 2023 compared to US$(30.8) billion in 2022, and US$(3.1) billion of net outflows in the fourth quarter of 2023 compared to US$(11.0) billion in the fourth quarter of 2022. The Board declared a quarterly dividend of US$0.39 per share and returned US$321 million in capital through dividends and share buybacks in 2023.
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Janus Henderson Group plc (JHG) published its third quarter 2023 results, reporting solid investment performance with 65%, 58%, 67%, and 72% of assets under management outperforming relevant benchmarks on a one-, three-, five-, and 10-year basis, respectively. AUM decreased 4% compared to the second quarter 2023 to US$308.3 billion. The company had US$(2.6) billion of net outflows in the third quarter 2023 compared to US$(5.8) billion of net outflows in the third quarter 2022. The third quarter 2023 diluted EPS was US$0.56, or US$0.64 on an adjusted basis. The board declared a quarterly dividend of US$0.39 per share and approved a new share repurchase authorization of up to US$150 million.
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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.

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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.

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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.

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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.

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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.

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FAQ

What is John Hancock Freedom 529 Money Market Portfolio (JMMXX)?

JMMXX is a money market fund designed for conservative investors looking to save for college expenses. It focuses on capital preservation and liquidity, investing in high-quality, short-term securities.

What is the investment objective of JMMXX?

The fund aims to provide stability and modest returns by investing in low-risk securities. It seeks to preserve capital while generating some income for investors.

How does JMMXX differ from other investment options?

JMMXX stands out for its conservative approach and focus on capital preservation. It is designed for risk-averse investors seeking stability and liquidity in their college savings plan.

What are the key benefits of investing in JMMXX?

Investors in JMMXX benefit from a low-risk investment option that offers stability and liquidity. The fund's conservative strategy makes it a suitable choice for those looking to safeguard their savings.

How does market conditions affect JMMXX's performance?

JMMXX's performance is closely tied to interest rates and market conditions. As a money market fund, it aims to provide competitive returns based on prevailing market trends.

John Hancock Freedom 529 Money Market Portfolio

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