About JHSKX
John Hancock Short Duration Municipal Opportunities Fund R6 is an open-end mutual fund focused on providing investors with income largely exempt from federal income tax by investing primarily in municipal bonds. The fund targets a short duration profile, typically maintaining an average effective duration of 4.5 years or less, which helps manage interest rate sensitivity and provide stability in various rate environments. Its diverse portfolio may include municipal bonds and other fixed income securities of any maturity, with an emphasis on securities that are investment grade at purchase, while also allowing up to 35% allocation in non-investment grade securities to enhance yield potential.
This fund serves institutions, retirement plans, and eligible investors seeking tax-efficient income, and plays a role in fixed income allocations by offering exposure to federally tax-exempt municipal securities. Notably, distributions are intended to be tax-exempt, though a portion may still be subject to federal income tax depending on holdings and market conditions. The fund’s approach allows it to address short-term capital needs of issuers in sectors such as healthcare, education, and infrastructure, and it adapts to changes in the municipal bond market by actively managing credit quality, sector allocations, and duration exposure. The R6 share class is tailored for institutional investors, typically featuring lower expenses and no minimum investment requirements for qualifying plans or investors.
Fund Family John Hancock
Category Muni National Short
Performance Rating High
Risk Rating High
Stock Exchange NASDAQ
Ticker Symbol JHSKX
Share Class Class R6
Index Index is not provided by Management Company
JHSKX had a total return of 3.36% in the past year, including dividends. Since the fund's
inception, the average annual return has been 4.32%.
