John Hancock High Yield Municipal Bond Fund Class I (JHYMX)
| Fund Assets | 365.13M |
| Expense Ratio | 0.59% |
| Min. Investment | $250,000 |
| Turnover | 34.00% |
| Dividend (ttm) | 0.35 |
| Dividend Yield | 5.13% |
| Dividend Growth | 10.35% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Nov 28, 2025 |
| Previous Close | 6.79 |
| YTD Return | 1.11% |
| 1-Year Return | -1.17% |
| 5-Year Return | 5.68% |
| 52-Week Low | 6.36 |
| 52-Week High | 6.92 |
| Beta (5Y) | n/a |
| Holdings | 361 |
| Inception Date | Feb 13, 2017 |
About JHYMX
John Hancock High Yield Municipal Bond Fund Class I is an open-ended mutual fund focused on generating a high level of current income, largely exempt from federal income tax, while aiming to preserve capital. Managed by John Hancock Investment Management, the fund primarily invests in a diversified portfolio of medium- and lower-quality municipal bonds rated A and below or their unrated equivalents. With over 375 holdings, the fund is characterized by exposure to a wide range of issuers and may concentrate its investments in certain states or regions based on the assessment of relative value and creditworthiness. The strategy emphasizes bonds perceived as undervalued using comprehensive analysis of macroeconomic trends, credit profiles, and bond structures. Its performance is benchmarked against the Bloomberg High Yield Municipal Bond Index. The fund maintains a relatively low expense ratio of 0.59% and pays monthly dividends, with a trailing twelve-month yield of approximately 4.96%. Established in 1986, this fund plays a key role in providing access to higher-yielding tax-exempt securities for institutional investors and portfolios seeking enhanced income from the municipal bond sector.
Performance
JHYMX had a total return of -1.17% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.49%.
Top 10 Holdings
10.38% of assets| Name | Symbol | Weight |
|---|---|---|
| BUCKEYE OHIO TOB SETTLEMENT FING AUTH 5% | OH.BUCGEN 5 06.01.2055 | 1.46% |
| TENDER OPT BD TR RCPTS / CTFS VAR STS 13.65% | n/a | 1.43% |
| PUBLIC FIN AUTH WIS TOLL REV 6.5% | WI.PUBTRN 6.5 12.31.2065 | 1.21% |
| CALIFORNIA INFRASTRUCTURE & ECONOMIC DEV BK REV 9.5% | CA.CASDEV 01.01.2065 | 1.13% |
| Tender Opt Bd Tr Rcpts / Ctfs Ctfs 15.05% | n/a | 0.98% |
| METROPOLITAN WASH D C ARPTS AUTH DULLES TOLL RD REV 6.5% | DC.METAPT 6.5 10.01.2041 | 0.86% |
| ALACHUA CNTY FLA HEALTH FACS AUTH CONTINUING CARE RETIREMENT CMNTY REV 5.75 | FL.ALAMED 5.75 10.01.2053 | 0.85% |
| NEW JERSEY ECONOMIC DEV AUTH DOCK & WHARF FAC REV 6.625% | NJ.NJSDEV 6.62 01.01.2045 | 0.85% |
| Chicago Ill Brd Ed Unltd Tax 6.25% | IL.CHIEDU 6.25 12.01.2050 | 0.82% |
| MOBILE CNTY ALA INDL DEV AUTH SOLID WASTE DISP REV 5% | AL.MOBPOL 5 06.01.2054 | 0.79% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Nov 28, 2025 | $0.02947 | Nov 28, 2025 |
| Oct 31, 2025 | $0.02965 | Oct 31, 2025 |
| Sep 30, 2025 | $0.03013 | Sep 30, 2025 |
| Aug 29, 2025 | $0.02989 | Aug 29, 2025 |
| Jul 31, 2025 | $0.02966 | Jul 31, 2025 |
| Jun 30, 2025 | $0.02932 | Jun 30, 2025 |