JCAFX Performance — John Hancock California Municipal Bond Fund, Class I
Data updated: 2026-09-24
JCAFX returned +1.89% year to date and +8.04% over one year to May 2026. Annualised returns are +4.34% over 3 years and +1.41% over 5 years. The fund beat its Long-Term Municipal Bond category average: $100 invested three years ago grew to $114, against $112 for the category, and to $108 over one year, against $107. Volatility over the past three years was 7.81% a year. In the 12 months to May 2026 the fund took in a net $7.1M, and assets reached $544.08M.
JCAFX Growth of $100
What $100 invested in John Hancock California Municipal Bond Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Long-Term Municipal Bond category average over the same months.
| Period | JCAFX | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $108 | $107 |
| 3 years (Jun 2023 – May 2026) | $114 | $112 |
| 5 years (Jun 2021 – May 2026) | $107 | $103 |
| Since data start (Sep 2019 – May 2026) | $113 | $109 |
JCAFX Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +1.89% |
| 1 year | +8.04% |
| 3 years (annualised) | +4.34% |
| 5 years (annualised) | +1.41% |
JCAFX Annual Returns
Calendar-year total returns of John Hancock California Municipal Bond Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +1.89% |
| 2025 | +2.25% |
| 2024 | +2.77% |
| 2023 | +8.28% |
| 2022 | −8.51% |
| 2021 | +2.70% |
| 2020 | +3.93% |
| 2019 (Sep–Dec) | −0.19% |
JCAFX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +0.7% | +1.6% | −2.7% | +1.7% | +0.6% | — | — | — | — | — | — | — |
| 2025 | −0.1% | +1.3% | −2.6% | −1.3% | −0.9% | +0.4% | −1.1% | +0.9% | +4.1% | +1.5% | +0.5% | −0.3% |
| 2024 | −0.1% | +0.2% | +0.1% | −1.3% | +0.2% | +2.0% | +1.0% | +0.7% | +1.4% | −1.6% | +1.9% | −1.7% |
| 2023 | +3.7% | −2.9% | +2.5% | −0.1% | −0.9% | +1.2% | +0.4% | −1.4% | −3.5% | −2.6% | +9.3% | +3.1% |
| 2022 | −2.2% | −0.7% | −2.4% | −2.5% | +1.5% | −2.6% | +3.2% | −2.8% | −4.7% | −1.3% | +6.2% | −0.1% |
| 2021 | +0.8% | −1.6% | +0.7% | +1.1% | +0.6% | +0.5% | +0.9% | −0.4% | −0.9% | −0.1% | +0.9% | +0.3% |
| 2020 | +1.7% | +1.5% | −5.6% | −2.1% | +3.5% | +1.4% | +1.7% | −0.4% | +0.1% | −0.1% | +1.7% | +0.8% |
| 2019 | — | — | — | — | — | — | — | — | −0.5% | +0.1% | +0.1% | +0.2% |
JCAFX Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 7.81%
- 3-year Sharpe ratio: -0.02 (vs 4.5% risk-free rate)
- Best month: +9.31% (Nov 2023)
- Worst month: −3.54% (Sep 2023)
JCAFX Fund Flows
Monthly money in and out of John Hancock California Municipal Bond Fund, from SEC Form N-PORT.
- 12-month net flow: $7.1M
- 12-month gross sales (incl. reinvestments): $206.1M
- Sales ÷ redemptions: 1.04×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $14.5M | $12.8M | $1.7M |
| Apr 2026 | $14.5M | $14.9M | −$347K |
| Mar 2026 | $14.7M | $9.2M | $5.5M |
| Feb 2026 | $12.5M | $7.1M | $5.5M |
| Jan 2026 | $16.6M | $15.7M | $908K |
| Dec 2025 | $15.9M | $24.2M | −$8.3M |
| Nov 2025 | $12.6M | $11.1M | $1.5M |
| Oct 2025 | $21.8M | $12.6M | $9.2M |
| Sep 2025 | $19.0M | $23.1M | −$4.1M |
| Aug 2025 | $21.1M | $28.5M | −$7.3M |
| Jul 2025 | $25.1M | $24.4M | $664K |
| Jun 2025 | $17.8M | $15.5M | $2.3M |
JCAFX Assets Under Management
Net assets of John Hancock California Municipal Bond Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $544.08M |
| 2026-02-28 | $545.27M |
| 2025-11-30 | $541.60M |
| 2025-08-31 | $509.22M |
| 2025-05-31 | $517.71M |
| 2025-02-28 | $513.73M |
| 2024-11-30 | $496.92M |
| 2024-08-31 | $439.81M |
| 2024-05-31 | $377.41M |
| 2024-02-29 | $339.63M |
| 2023-11-30 | $303.53M |
| 2023-08-31 | $311.09M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.