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 CA Municipal Bond C TCCAX
- NAV / 1-Day Return 9.86 / −0.40 %
- Total Assets 356.0 Mil
-
Adj. Expense Ratio
- Expense Ratio 1.480%
- Distribution Fee Level Average
- Share Class Type Level Load
- Category Muni California Long
- Credit Quality / Interest Rate Sensitivity —
- Min. Initial Investment 1,000
- Status Open
- TTM Yield 2.57%
- Effective Duration 7.82 years
USD | NAV as of Apr 25, 2024 | 1-Day Return as of Apr 25, 2024, 10:18 PM GMT+0
Morningstar’s Analysis TCCAX
Will TCCAX 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 8.7
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Jh Ctf | 8.27 | 28.8 Mil | Cash and Equivalents |
CALIFORNIA POLLUTN CTL FING AUTH SOLID WASTE DISP REV 4.3% | 1.35 | 4.7 Mil | municipal |
BURLINGAME CALIF ELEM SCH DIST 5% | 1.11 | 3.9 Mil | municipal |
CALIFORNIA POLLUTION CTL FING AUTH WTR FURNISHING REV 5% | 0.88 | 3.1 Mil | municipal |
SAN DIEGO CALIF UNI SCH DIST 4% | 0.86 | 3.0 Mil | municipal |
LOS ANGELES CALIF UNI SCH DIST 5.25% | 0.82 | 2.9 Mil | municipal |
SEBASTOPOL CALIF UN SCH DIST 5% | 0.80 | 2.8 Mil | municipal |
CALIFORNIA ST 5% | 0.79 | 2.8 Mil | municipal |
SAN FRANCISCO CALIF BAY AREA RAPID TRAN DIST 4.25% | 0.72 | 2.5 Mil | municipal |
BAY AREA WTR SUPPLY & CONSV AGY CALIF REV 5% | 0.70 | 2.4 Mil | municipal |