John Hancock California Municipal Bond Fund Class A (TACAX)
| Fund Assets | 297.04M |
| Expense Ratio | 0.74% |
| Min. Investment | $1,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.35 |
| Dividend Yield | 3.51% |
| Dividend Growth | 3.73% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | May 30, 2025 |
| Previous Close | 9.50 |
| YTD Return | -4.75% |
| 1-Year Return | -2.39% |
| 5-Year Return | 1.73% |
| 52-Week Low | 9.27 |
| 52-Week High | 10.30 |
| Beta (5Y) | n/a |
| Holdings | 445 |
| Inception Date | Dec 29, 1989 |
About TACAX
The Fund's investment strategy focuses on CA Municipal Debt with 0.84% total expense ratio. The minimum amount to invest in John Hancock California Tax-Free Income Fund; Class A Shares is $1,000 on a standard taxable account. John Hancock California Tax-Free Income Fund; Class A Shares seeks a high level of current income, consistent with preservation of capital, that is exempt from federal and California personal income taxes. TACAX invests, under normal circumstances, at least 80% of its net assets in securities of any maturity exempt from federal and California personal income taxes.
Performance
TACAX had a total return of -2.39% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.59%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| VCITX | Vanguard | Vanguard California Long-Term Tax-Exempt Fund Investor Shares | 0.14% |
Top 10 Holdings
10.44% of assets| Name | Symbol | Weight |
|---|---|---|
| CALIFORNIA ST 5% | CA.CAS 5 09.01.2041 | 1.24% |
| CALIFORNIA INFRASTRUCTURE & ECONOMIC DEV BK REV 9.5% | CA.CASDEV 01.01.2065 | 1.24% |
| Jh Ctf | n/a | 1.21% |
| CALIFORNIA STATEWIDE CMNTYS DEV AUTH REV 5.25% | CA.CASGEN 5.25 12.01.2054 | 1.16% |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5% | CA.CCEDEV 02.01.2055 | 1.03% |
| CARSON CALIF PUB FING AUTH LEASE REV 5% | CA.CARGEN 5 06.01.2049 | 0.99% |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5% | CA.CCEDEV 01.01.2055 | 0.98% |
| CALIFORNIA POLLUTN CTL FING AUTH SOLID WASTE DISP REV 4.3% | CA.CASPOL 4.3 07.01.2040 | 0.89% |
| CALIFORNIA MUN FIN AUTH SPL FAC REV 4% | CA.CASFIN 4 07.15.2029 | 0.87% |
| CALIFORNIA ST UNIV REV 4% | CA.CASHGR 4 11.01.2049 | 0.83% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| May 30, 2025 | $0.03068 | May 30, 2025 |
| Apr 30, 2025 | $0.03009 | Apr 30, 2025 |
| Mar 31, 2025 | $0.02938 | Mar 31, 2025 |
| Feb 28, 2025 | $0.0298 | Feb 28, 2025 |
| Jan 31, 2025 | $0.02885 | Jan 31, 2025 |
| Dec 31, 2024 | $0.02828 | Dec 31, 2024 |