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) | 0.34 |
| Dividend Yield | 3.45% |
| Dividend Growth | 3.32% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Apr 30, 2025 |
| Previous Close | 9.62 |
| YTD Return | -3.44% |
| 1-Year Return | -1.07% |
| 5-Year Return | 5.55% |
| 52-Week Low | n/a |
| 52-Week High | n/a |
| Beta (5Y) | n/a |
| Holdings | 432 |
| 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 -1.07% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.63%.
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
10.86% of assets| Name | Symbol | Weight |
|---|---|---|
| JH COLLATERAL | n/a | 1.85% |
| California State of - STATE OF CALIFORNIA CAS 09/41 FIXED 5 | CAS | 1.33% |
| California Infrastructure and Economic Development Bank - CALIFORNIA INFRASTRUCTURE and EC CASDEV 01/65 ADJUST OID VAR | CASDEV | 1.28% |
| CARSON PUBLIC FINANCING AUTHOR CARGEN 06/49 FIXED 5 | CARGEN | 1.03% |
| CALIFORNIA COMMUNITY CHOICE FI CCEDEV 01/55 ADJUSTABLE VAR | CCEDEV | 1.02% |
| San Francisco Bay Area Rapid Transit District - SAN FRANCISCO BAY AREA RAPID T SFOTRN 08/52 FIXED OID 4.25 | SFOTRN | 0.95% |
| California Pollution Control Financing Authority - CALIFORNIA POLLUTION CONTROL F CASPOL 07/40 FIXED 4.3 | CASPOL | 0.91% |
| CALIFORNIA STATE UNIVERSITY CASHGR 11/49 FIXED OID 4 | CASHGR | 0.89% |
| CALIFORNIA COMMUNITY CHOICE FI CCEDEV 02/55 ADJUSTABLE VAR | CCEDEV | 0.85% |
| California Educational Facilities Authority - CALIFORNIA EDUCATIONAL FACILIT CASEDU 04/51 FIXED 5 | CASEDU | 0.76% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| 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 |
| Nov 29, 2024 | $0.02859 | Nov 29, 2024 |