JHancock High Yield Municipal Bond A (JHTFX)
| Fund Assets | 365.13M |
| Expense Ratio | 0.74% |
| Min. Investment | $1,000 |
| Turnover | 34.00% |
| Dividend (ttm) | 0.33 |
| Dividend Yield | 4.69% |
| Dividend Growth | 9.39% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Sep 30, 2025 |
| Previous Close | 6.79 |
| YTD Return | -1.86% |
| 1-Year Return | -2.36% |
| 5-Year Return | 2.91% |
| 52-Week Low | 6.53 |
| 52-Week High | 7.20 |
| Beta (5Y) | n/a |
| Holdings | 387 |
| Inception Date | Dec 31, 1993 |
About JHTFX
John Hancock High Yield Municipal Bond Fund Class A is a mutual fund focused on delivering a high level of current income primarily through investments in U.S. municipal bonds classified as high-yield. Its central objective is to offer income that is largely exempt from federal income tax while maintaining an emphasis on capital preservation. The fund typically holds a diversified portfolio of municipal securities, many of which are below investment-grade or unrated, targeting issuers with the potential for enhanced yield compared to traditional municipal bonds. Distinguished by its monthly dividend payouts, the fund appeals to investors seeking regular tax-advantaged income streams. It holds hundreds of bond positions across a broad array of municipal sectors, including infrastructure, healthcare, education, and essential public projects, thereby spreading credit risk across the market. Since its inception in 1993, the fund has become a fixture in the high-yield municipal bond category, providing critical financing capital to local and state governments in exchange for higher return potential. The fund maintains a moderate expense ratio and minimum investment threshold, making it accessible to a broad base of investors seeking municipal exposure and income efficiency.
Performance
JHTFX had a total return of -2.36% in the past year, including dividends. Since the fund's inception, the average annual return has been 19.46%.
Top 10 Holdings
10.65% of assets| Name | Symbol | Weight |
|---|---|---|
| BUCKEYE OHIO TOB SETTLEMENT FING AUTH 5% | OH.BUCGEN 5 06.01.2055 | 2.17% |
| TENDER OPT BD TR RCPTS / CTFS VAR STS 17.85% | NY.TENGEN 02.01.2053 | 1.25% |
| PUBLIC FIN AUTH WIS TOLL REV 6.5% | WI.PUBTRN 6.5 12.31.2065 | 1.18% |
| CALIFORNIA INFRASTRUCTURE & ECONOMIC DEV BK REV 9.5% | CA.CASDEV 01.01.2065 | 1.13% |
| METROPOLITAN WASH D C ARPTS AUTH DULLES TOLL RD REV 6.5% | DC.METAPT 6.5 10.01.2041 | 0.88% |
| NEW JERSEY ECONOMIC DEV AUTH DOCK & WHARF FAC REV 6.625% | NJ.NJSDEV 6.62 01.01.2045 | 0.86% |
| ALACHUA CNTY FLA HEALTH FACS AUTH CONTINUING CARE RETIREMENT CMNTY REV 5.75 | FL.ALAMED 5.75 10.01.2053 | 0.85% |
| HIGHER EDL FACS FING AUTH FLA HIGHER EDL FACS REV 6% | FL.FLSHGR 6 07.01.2045 | 0.79% |
| MOBILE CNTY ALA INDL DEV AUTH SOLID WASTE DISP REV 5% | AL.MOBPOL 5 06.01.2054 | 0.77% |
| MASSACHUSETTS DEV FIN AGY SR LIVING REV 6.5% | MA.MASFAC 6.5 07.15.2060 | 0.77% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 30, 2025 | $0.02924 | Sep 30, 2025 |
| Aug 29, 2025 | $0.029 | Aug 29, 2025 |
| Jul 31, 2025 | $0.02877 | Jul 31, 2025 |
| Jun 30, 2025 | $0.02845 | Jun 30, 2025 |
| May 30, 2025 | $0.02827 | May 30, 2025 |
| Apr 30, 2025 | $0.02708 | Apr 30, 2025 |