# Alternative Asset Allocation Fund

Alternative Asset Allocation Fund is a registered fund series of John Hancock Funds II (series S000023552). Net assets $1.6B as of 2026-05-31.

## Profile

- Series ID: S000023552
- Registrant: John Hancock Funds II
- LEI: 549300989ZY2XQWOYF75
- Net assets: $1.6B
- Total assets: $1.6B
- As of: 2026-05-31
- Type: Fund of funds

## Advisers

- [John Hancock Investment Management LLC (Advisor)](https://search.stillhousedata.com/firm/105790)
- [Manulife Investment Management (US) LLC (Subadvisor)](https://search.stillhousedata.com/firm/106435)

## Top holdings (15 reported)

| Holding | Ticker | Value | % of fund |
| --- | --- | --- | --- |
| [CALAMOS MARKET NEUTRAL INCOME CALAMOS MRKT NEU INC-I](https://search.stillhousedata.com/security/128119880) | CMNIX | $221.9M | 1370.18% |
| [BlackRock Funds-BlackRock Tactical Opportunities Fund](https://search.stillhousedata.com/security/091927848) | PBAIX | $182.8M | 1128.62% |
| [JPMORGAN HEDGED EQUITY FUND JPMORGAN HEDGED EQUITY-R6](https://search.stillhousedata.com/security/46637K265) | JHQRX | $176.2M | 1087.89% |
| [VICTORY MARKET NEUTRAL INCOME VICTORY MRKT NTRL INC-I](https://search.stillhousedata.com/security/92647P654) | CBHIX | $173.5M | 1071.10% |
| [John Hancock Funds II-Multi-Asset Absolute Return Fund](https://search.stillhousedata.com/security/47804M860) | JHMAARU | $146.8M | 906.22% |
| [The Arbitrage Funds](https://search.stillhousedata.com/security/03875R205) | ARBNX | $133.0M | 821.21% |
| [JOHN HANCOCK DIVERSIFIED MACRO JOHN HANCOCK DIV MAC FU-NAV](https://search.stillhousedata.com/security/47803N489) | JHDNX | $128.4M | 792.69% |
| [JOHN HANCOCK DISCIPLINED VALUE JH DISC VAL GL LNG/SHRT-NAV](https://search.stillhousedata.com/security/47808C504) | JAKWX | $117.1M | 722.74% |
| [VIRTUS ALPHASIMPLEX MANAGED FU VIRTUS ALPHASIM MGD FUT-R6](https://search.stillhousedata.com/security/92835M414) | AMFNX | $87.7M | 541.35% |
| [JOHN HANCOCK HEDGED EQUITY ETF JOHN HANCOCK HEDGED EQ ETF](https://search.stillhousedata.com/security/47804J651) | JHDG US | $86.0M | 531.19% |
| [JHF Enduring Assets Fund MUTUAL FUND](https://search.stillhousedata.com/security/47803P419) | 47803P419 | $64.1M | 395.63% |
| JH COLLATERAL | — | $52.8M | 326.02% |
| [INVESCO OPTIMUM YIELD DIVERSIF INVESCO OPTIMUM YIELD DIVERS](https://search.stillhousedata.com/security/46090F100) | PDBC US | $27.9M | 171.94% |
| [INVESCO DB PRECIOUS METALS FUN INVESCO DB PRECIOUS METALS F](https://search.stillhousedata.com/security/46140H502) | DBP US | $20.3M | 125.26% |
| TRS EQ R RBIUTOU2 P  USD  20270518 | — | $-7K | -0.04% |

## Net asset history

| Report date | Net assets |
| --- | --- |
| 2026-05-31 | $1.6B |
| 2026-02-28 | $1.5B |
| 2025-11-30 | $1.0B |
| 2025-08-31 | $970.2M |
| 2025-05-31 | $932.5M |
| 2025-02-28 | $900.3M |
| 2024-11-30 | $826.6M |
| 2024-08-31 | $787.8M |

## More

- [Registrant: John Hancock Funds II](https://search.stillhousedata.com/registrant/1331971)
- [This page as markdown (for LLM agents)](https://search.stillhousedata.com/fund/S000023552.md)
- [Search all SEC filings, advisers and people on Adviser Search](https://search.stillhousedata.com/)

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Source: public SEC filing data via Adviser Search (https://search.stillhousedata.com).
Agents: this data is also queryable via MCP tools and read-only SQL — see https://search.stillhousedata.com/llms.txt.