Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the most expensive quintile among peers.
JHancock High Yield Municipal Bond C JCTFX
- NAV / 1-Day Return 6.91 / +0.15 %
- Total Assets 225.4 Mil
-
Adj. Expense Ratio
- Expense Ratio 1.510%
- Distribution Fee Level Below Average
- Share Class Type Level Load
- Category High Yield Muni
- Credit Quality / Interest Rate Sensitivity —
- Min. Initial Investment 1,000
- Status Open
- TTM Yield 3.71%
- Effective Duration 7.41 years
USD | NAV as of May 08, 2024 | 1-Day Return as of May 08, 2024, 10:14 PM GMT+0
Morningstar’s Analysis JCTFX
Will JCTFX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 9.5
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Jh Ctf | 3.96 | 8.5 Mil | — |
METROPOLITAN WASH D C ARPTS AUTH DULLES TOLL RD REV 6.5% | 1.51 | 3.2 Mil | municipal |
BUCKEYE OHIO TOB SETTLEMENT FING AUTH 5% | 1.31 | 2.8 Mil | municipal |
Lbj Infrastructure Group Llc 3.797% | 0.97 | 2.1 Mil | Corporate |
TENNESSEE ENERGY ACQUISITION CORP GAS REV 5% | 0.93 | 2.0 Mil | municipal |
ARIZONA INDL DEV AUTH ED REV 4% | 0.93 | 2.0 Mil | municipal |
VIRGINIA SMALL BUSINESS FING AUTH REV 4% | 0.86 | 1.8 Mil | municipal |
PALM BEACH CNTY FLA HEALTH FACS AUTH REV 4% | 0.78 | 1.7 Mil | municipal |
OHIO ST AIR QUALITY DEV AUTH REV 3.25% | 0.72 | 1.6 Mil | municipal |
PUERTO RICO COMWLTH 0.01% | 0.71 | 1.5 Mil | municipal |