JHancock High Yield Municipal Bond I (JHYMX)
| Fund Assets | 365.13M |
| Expense Ratio | 0.59% |
| Min. Investment | $250,000 |
| Turnover | 34.00% |
| Dividend (ttm) | 0.34 |
| Dividend Yield | 5.04% |
| Dividend Growth | 9.11% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Sep 30, 2025 |
| Previous Close | 6.80 |
| YTD Return | -2.07% |
| 1-Year Return | -2.88% |
| 5-Year Return | 2.33% |
| 52-Week Low | 6.54 |
| 52-Week High | 7.21 |
| Beta (5Y) | n/a |
| Holdings | 387 |
| 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 -2.88% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.85%.
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 | $0.03013 | 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 |
| May 30, 2025 | $0.02918 | May 30, 2025 |
| Apr 30, 2025 | $0.02796 | Apr 30, 2025 |