John Hancock High Yield Municipal Bond Fund Class I (JHYMX)
| Fund Assets | 524.87M |
| Expense Ratio | 0.71% |
| Min. Investment | $250,000 |
| Turnover | 33.00% |
| Dividend (ttm) | 0.33 |
| Dividend Yield | 4.86% |
| Dividend Growth | 7.45% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2026 |
| Previous Close | 6.74 |
| YTD Return | 1.74% |
| 1-Year Return | 6.50% |
| 5-Year Return | -2.35% |
| 52-Week Low | 6.54 |
| 52-Week High | 6.90 |
| Beta (5Y) | 0.13 |
| Holdings | 425 |
| 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 6.50% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.31%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2026 | $0.02981 | Jun 30, 2026 |
| May 29, 2026 | $0.03009 | May 29, 2026 |
| Apr 30, 2026 | $0.02964 | Apr 30, 2026 |
| Mar 31, 2026 | $0.02979 | Mar 31, 2026 |
| Feb 27, 2026 | $0.02945 | Feb 27, 2026 |
| Jan 30, 2026 | $0.02968 | Jan 30, 2026 |