JHancock Municipal Opportunities I (JTBDX)
| Fund Assets | 1.32B |
| Expense Ratio | 0.59% |
| Min. Investment | $250,000 |
| Turnover | 54.00% |
| Dividend (ttm) | 0.33 |
| Dividend Yield | 3.61% |
| Dividend Growth | 3.25% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 29, 2025 |
| Previous Close | 9.04 |
| YTD Return | 0.83% |
| 1-Year Return | 0.12% |
| 5-Year Return | 3.60% |
| 52-Week Low | 8.63 |
| 52-Week High | 9.23 |
| Beta (5Y) | n/a |
| Holdings | 977 |
| Inception Date | Feb 13, 2017 |
About JTBDX
John Hancock Municipal Opportunities Fund Class I is an open-end mutual fund primarily focused on generating a high level of interest income that is exempt from federal income tax, while aiming to preserve capital. The fund mainly invests in municipal bonds issued by various state and local governments across the United States, which are used to finance public projects such as infrastructure, education, and healthcare. While the majority of its holdings are in investment grade bonds at purchase, the fund may allocate up to 35% of its assets to non-investment grade securities, allowing for a broader opportunity set within the municipal bond market. This fund diversifies its risk exposure by spreading investments across a variety of states and sectors, with a typical duration of 4 to 6 years. Income from the portfolio is generally free from federal taxes, making it especially attractive to investors seeking tax-advantaged income. The fund's structure and management approach position it as a core offering in the municipal intermediate bond category, impacting sectors like public utilities, education, and healthcare by supporting essential community projects.
Performance
JTBDX had a total return of 0.12% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.85%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
7.18% of assets| Name | Symbol | Weight |
|---|---|---|
| CALIFORNIA INFRASTRUCTURE & ECONOMIC DEV BK REV 9.5% | CA.CASDEV 01.01.2065 | 0.99% |
| KENTUCKY INC KY PUB ENERGY AUTH GAS SUPLLY REV 5% | KY.KYSPWR 01.01.2055 | 0.87% |
| METROPOLITAN WASH D C ARPTS AUTH ARPT SYS REV 5% | DC.METAPT 5 10.01.2030 | 0.83% |
| COLORADO EDL & CULTURAL FACS AUTH INDPT SCH REV 4% | CO.COSEDU 4 06.01.2035 | 0.77% |
| Jh Ctf | n/a | 0.75% |
| HOUSTON TEX ARPT SYS REV 5.25% | TX.HOUAPT 5.25 07.15.2033 | 0.66% |
| MICHIGAN FIN AUTH REV 1.2% | MI.MISFIN 10.15.2038 | 0.64% |
| BALTIMORE CNTY MD 5% | MD.BAL 5 07.01.2044 | 0.60% |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5% | CA.CCEDEV 01.01.2055 | 0.55% |
| FLORIDA DEV FIN CORP SOLID WASTE DISP REV 4.375% | FL.FLSDEV 10.01.2054 | 0.51% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Aug 29, 2025 | $0.02793 | Aug 29, 2025 |
| Jul 31, 2025 | $0.02787 | Jul 31, 2025 |
| Jun 30, 2025 | $0.02795 | Jun 30, 2025 |
| May 30, 2025 | $0.02735 | May 30, 2025 |
| Apr 30, 2025 | $0.02741 | Apr 30, 2025 |
| Mar 31, 2025 | $0.02681 | Mar 31, 2025 |