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Morningstar

JHancock CA Municipal Bond I JCAFX

Morningstar Medalist Rating
Medalist Rating as of | See John Hancock Investment Hub
  • NAV / 1-Day Return 9.65  /  0.01 %
  • Total Assets 282.5 Mil
  • Adj. Expense Ratio
    0.660%
  • Expense Ratio 0.590%
  • Distribution Fee Level Above Average
  • Share Class Type Institutional
  • Category Muni California Long
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 250,000
  • Status Open
  • TTM Yield 3.29%
  • Effective Duration 7.60 years

USD | NAV as of May 26, 2023 | 1-Day Return as of May 26, 2023, 10:18 PM GMT+0

Morningstar’s Analysis JCAFX

Will JCAFX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Process Pillar

The Process Pillar is our assessment of how sensible, clearly defined, and repeatable JCAFX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the JCAFX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

Parent Pillar

The Parent Pillar is our rating of JCAFX’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Weakness in JHancock CA Municipal Bond I's People and Process Pillar ratings limits this strategy to a Morningstar Medalist Rating of Negative. The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings JCAFX

More JCAFX Holdings
  • Current Portfolio Date Mar 31, 2023
  • Equity Holdings 0
  • Bond Holdings 227
  • Other Holdings 3
  • % Assets in Top 10 Holdings 9.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Jh Ctf

3.57
9,847,748
Cash and Equivalents

CALIFORNIA POLLUTN CTL FING AUTH SOLID WASTE DISP REV 4.3%

1.71
4,722,536
municipal

GOLDEN ST TOB SECURITIZATION CORP CALIF TOB SETTLEMENT REV 5%

1.05
2,903,008
municipal

CALIFORNIA POLLUTION CTL FING AUTH WTR FURNISHING REV 5%

0.91
2,518,412
municipal

INLAND VY DEV AGY CALIF SUCCESSOR AGY TAX ALLOC 5%

0.91
2,516,786
municipal

BAY AREA WTR SUPPLY & CONSV AGY CALIF REV 5%

0.90
2,484,977
municipal

CALIFORNIA STATEWIDE FING AUTH TOBACCO SETTLEMENT 6%

0.88
2,439,017
municipal

CALIFORNIA ST 5%

0.88
2,438,566
municipal

GOLDEN ST TOB SECURITIZATION CORP CALIF TOB SETTLEMENT REV 5%

0.86
2,379,093
municipal

SANTA ANA CALIF FING AUTH LEASE REV 6.25%

0.81
2,243,331
municipal