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 | 4.66% |
Dividend Growth | 9.39% |
Payout Frequency | Monthly |
Ex-Dividend Date | Sep 30, 2025 |
Previous Close | 6.83 |
YTD Return | -1.14% |
1-Year Return | -1.91% |
5-Year Return | 3.67% |
52-Week Low | 6.53 |
52-Week High | 7.20 |
Beta (5Y) | n/a |
Holdings | 361 |
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 -1.91% in the past year, including dividends. Since the fund's inception, the average annual return has been 19.48%.
Top 10 Holdings
11.02% of assetsName | Symbol | Weight |
---|---|---|
BUCKEYE OHIO TOB SETTLEMENT FING AUTH 5% | OH.BUCGEN 5 06.01.2055 | 2.22% |
TENDER OPT BD TR RCPTS / CTFS VAR STS 11.85% | NY.TENGEN 02.01.2053 | 1.30% |
PUBLIC FIN AUTH WIS TOLL REV 6.5% | WI.PUBTRN 6.5 12.31.2065 | 1.22% |
CALIFORNIA INFRASTRUCTURE & ECONOMIC DEV BK REV 9.5% | CA.CASDEV 01.01.2065 | 1.20% |
METROPOLITAN WASH D C ARPTS AUTH DULLES TOLL RD REV 6.5% | DC.METAPT 6.5 10.01.2041 | 0.91% |
NEW JERSEY ECONOMIC DEV AUTH DOCK & WHARF FAC REV 6.625% | NJ.NJSDEV 6.62 01.01.2045 | 0.89% |
ALACHUA CNTY FLA HEALTH FACS AUTH CONTINUING CARE RETIREMENT CMNTY REV 5.75 | FL.ALAMED 5.75 10.01.2053 | 0.88% |
PUBLIC FIN AUTH WIS REV 0% | WI.PUBGEN 0 12.15.2042 | 0.80% |
HIGHER EDL FACS FING AUTH FLA HIGHER EDL FACS REV 6% | FL.FLSHGR 6 07.01.2045 | 0.80% |
MASSACHUSETTS DEV FIN AGY SR LIVING REV 6.5% | MA.MASFAC 6.5 07.15.2060 | 0.80% |
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 |