JCTFX: John Hancock High Yield Municipal Bond Fund - MutualFunds.com
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Trending ETFs

Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$8.29

-

4.94%

$0.41

1.64%

Vitals

YTD Return

3.0%

1 yr return

9.6%

3 Yr Avg Return

5.7%

5 Yr Avg Return

3.6%

Net Assets

$167 M

Holdings in Top 10

14.1%

52 WEEK LOW AND HIGH

$8.31
$7.74
$8.40

Expenses

OPERATING FEES

Expense Ratio 1.64%

SALES FEES

Front Load N/A

Deferred Load 1.00%

TRADING FEES

Turnover 34.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$1,000

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund

Investment Style

High Yield Muni


Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$8.29

-

4.94%

$0.41

1.64%

JCTFX - Profile

Distributions

  • YTD Total Return 3.0%
  • 3 Yr Annualized Total Return 5.7%
  • 5 Yr Annualized Total Return 3.6%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.75%
DIVIDENDS
  • Dividend Yield 4.9%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    John Hancock High Yield Municipal Bond Fund
  • Fund Family Name
    John Hancock
  • Inception Date
    Apr 01, 1999
  • Shares Outstanding
    N/A
  • Share Class
    C
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Dennis DiCicco

Fund Description

Under normal market conditions, the fund invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in municipal bonds. It will not invest more than 5% of its total assets in securities rated lower than B. The fund may invest heavily in bonds from any given state or region.


JCTFX - Performance

Return Ranking - Trailing

Period JCTFX Return Category Return Low Category Return High Rank in Category (%)
YTD 3.0% -1.4% 6.1% 34.08%
1 Yr 9.6% 0.4% 16.9% 41.96%
3 Yr 5.7%* 2.3% 9.6% 66.20%
5 Yr 3.6%* 2.0% 7.6% 82.04%
10 Yr 4.3%* 3.7% 9.2% 95.54%

* Annualized

Return Ranking - Calendar

Period JCTFX Return Category Return Low Category Return High Rank in Category (%)
2020 0.6% -10.1% 4.2% 44.70%
2019 3.1% -0.7% 9.1% 91.98%
2018 -3.7% -5.7% 95.6% 88.66%
2017 2.0% -0.7% 8.6% 85.55%
2016 -3.3% -6.7% -0.8% 56.63%

Total Return Ranking - Trailing

Period JCTFX Return Category Return Low Category Return High Rank in Category (%)
YTD 3.0% -1.4% 6.1% 34.08%
1 Yr 8.6% 0.4% 16.9% 48.21%
3 Yr 5.7%* 2.3% 9.6% 56.02%
5 Yr 3.6%* 2.0% 7.6% 74.76%
10 Yr 4.3%* 3.7% 9.2% 94.27%

* Annualized

Total Return Ranking - Calendar

Period JCTFX Return Category Return Low Category Return High Rank in Category (%)
2020 0.6% -10.1% 4.2% 44.70%
2019 3.1% -0.7% 9.1% 91.98%
2018 -3.7% -5.7% 4.2% 89.69%
2017 2.0% -0.7% 9.8% 87.28%
2016 -3.3% -6.3% 1.1% 61.45%

NAV & Total Return History


JCTFX - Holdings

Concentration Analysis

JCTFX Category Low Category High JCTFX % Rank
Net Assets 167 M 10.6 K 24.3 B 84.00%
Number of Holdings 164 3 3864 81.86%
Net Assets in Top 10 23.5 M -38.8 M 3.28 B 88.50%
Weighting of Top 10 14.13% 1.1% 100.0% 44.25%

Top 10 Holdings

  1. TENNESSEE ENERGY ACQUISITION CORP GAS REV 5% 2.58%
  2. METROPOLITAN WASH D C ARPTS AUTH DULLES TOLL RD REV 6.5% 2.32%
  3. PUBLIC AUTH FOR COLO ENERGY NAT GAS PUR REV 6.25% 1.92%
  4. PUERTO RICO SALES TAX FING CORP SALES TAX REV 0.01% 1.89%
  5. LOUISIANA LOC GOVT ENVIRONMENTAL FACS & CMNTY DEV AUTH REV 3.5% 1.48%
  6. METROPOLITAN WASH D C ARPTS AUTH DULLES TOLL RD REV 0% 1.25%
  7. TOB SECURITIZATION AUTH NORTHN CALIF TOB SETTLEMENT REV 0% 1.22%
  8. METROPOLITAN PIER & EXPOSITION AUTH ILL REV 0% 1.12%
  9. RIVER ISLANDS PUB FING AUTH CALIF SPL TAX 5.5% 1.11%
  10. SOUTHERN CALIF PUB PWR AUTH NAT GAS PROJ REV 5.25% 1.11%

Asset Allocation

Weighting Return Low Return High JCTFX % Rank
Bonds
96.08% 0.00% 140.95% 68.14%
Other
4.02% -0.25% 99.99% 1.33%
Stocks
0.00% -0.15% 4.25% 38.94%
Preferred Stocks
0.00% -41.33% 0.33% 27.43%
Convertible Bonds
0.00% 0.00% 0.00% 25.22%
Cash
-0.09% -3.98% 99.53% 92.04%

Bond Sector Breakdown

Weighting Return Low Return High JCTFX % Rank
Municipal
100.00% 0.00% 100.00% 2.21%
Derivative
0.00% 0.00% 1.12% 30.09%
Cash & Equivalents
0.00% 0.00% 100.00% 90.27%
Securitized
0.00% 0.00% 18.80% 26.99%
Corporate
0.00% 0.00% 4.18% 58.41%
Government
0.00% 0.00% 0.39% 30.09%

Bond Geographic Breakdown

Weighting Return Low Return High JCTFX % Rank
US
90.17% 0.00% 134.92% 57.96%
Non US
5.91% 0.00% 16.03% 56.64%

JCTFX - Expenses

Operational Fees

JCTFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.64% 0.05% 2.86% 10.05%
Management Fee 0.55% 0.00% 1.00% 72.57%
12b-1 Fee 1.00% 0.00% 1.00% 80.49%
Administrative Fee N/A 0.01% 0.35% N/A

Sales Fees

JCTFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.00% 5.75% N/A
Deferred Load 1.00% 1.00% 5.50% 33.33%

Trading Fees

JCTFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 1.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

JCTFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 34.00% 7.00% 314.00% 45.41%

JCTFX - Distributions

Dividend Yield Analysis

JCTFX Category Low Category High JCTFX % Rank
Dividend Yield 4.94% 0.00% 1.77% 26.55%

Dividend Distribution Analysis

JCTFX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

JCTFX Category Low Category High JCTFX % Rank
Net Income Ratio 2.75% 0.75% 6.78% 80.27%

Capital Gain Distribution Analysis

JCTFX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

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JCTFX - Fund Manager Analysis

Managers

Dennis DiCicco


Start Date

Tenure

Tenure Rank

Jul 12, 2018

3.14

3.1%

■ Portfolio Manager ■ Managed Manulife Investment Management (US) LLC since 2018 ■ Fixed Income Trader, Capital Security Advisors, LLC (2013-2016) ■ Began business career in 2008

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 23.44 7.29 1.78