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Morningstar

JHancock CA Municipal Bond A TACAX

Morningstar Medalist Rating
Medalist Rating as of | See John Hancock Investment Hub
  • NAV / 1-Day Return 10.09  /  +0.11 %
  • Total Assets 404.9 Mil
  • Adj. Expense Ratio
    0.730%
  • Expense Ratio 0.730%
  • Distribution Fee Level Below Average
  • Share Class Type Front Load
  • Category Muni California Long
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 3.35%
  • Effective Duration 8.68 years

USD | NAV as of Jul 26, 2024 | 1-Day Return as of Jul 26, 2024, 10:17 PM GMT+0

Morningstar’s Analysis TACAX

Will TACAX 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 TACAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the TACAX 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 TACAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Weakness in JHancock CA Municipal Bond A's People and Process Pillar ratings limits this strategy to a Morningstar Medalist Rating of Negative.

null Morningstar Manager Research

Morningstar Manager Research

Summary

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 TACAX

More TACAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 8.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

CALIFORNIA POLLUTN CTL FING AUTH SOLID WASTE DISP REV 4.3%

1.23 4.7 Mil
municipal

LOS ANGELES CALIF UNI SCH DIST 5%

1.06 4.0 Mil
municipal

CALIFORNIA EDL FACS AUTH REV 5%

1.06 4.0 Mil
municipal

BURLINGAME CALIF ELEM SCH DIST 5%

0.99 3.8 Mil
municipal

Jh Ctf

0.88 3.3 Mil
Cash and Equivalents

CALIFORNIA POLLUTION CTL FING AUTH WTR FURNISHING REV 5%

0.80 3.1 Mil
municipal

PUERTO RICO COMWLTH 1%

0.77 2.9 Mil
municipal

NATIONAL FIN AUTH N H UTIL REV 6.89%

0.76 2.9 Mil
municipal

LOS ANGELES CALIF DEPT WTR & PWR REV 5%

0.73 2.8 Mil
municipal

SOUTH DAKOTA ST HEALTH & EDL FACS AUTH REV 4%

0.73 2.8 Mil
municipal