JCTFX Performance — John Hancock High Yield Municipal Bond Fund, Class C
Data updated: 2026-09-24
JCTFX returned +2.28% year to date and +5.86% over one year to May 2026. Annualised returns are +4.82% over 3 years and −0.14% over 5 years. The fund trailed its High Yield Bond category average: $100 invested three years ago grew to $115, against $126 for the category, and to $106 over one year, against $107. Volatility over the past three years was 7.60% a year. In the 12 months to May 2026 the fund took in a net $173.5M, and assets reached $514.73M.
JCTFX Growth of $100
What $100 invested in John Hancock High Yield Municipal Bond Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the High Yield Bond category average over the same months.
| Period | JCTFX | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $106 | $107 |
| 3 years (Jun 2023 – May 2026) | $115 | $126 |
| 5 years (Jun 2021 – May 2026) | $99 | $120 |
| Since data start (Sep 2019 – May 2026) | $107 | $132 |
JCTFX Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +2.28% |
| 1 year | +5.86% |
| 3 years (annualised) | +4.82% |
| 5 years (annualised) | −0.14% |
JCTFX Annual Returns
Calendar-year total returns of John Hancock High Yield Municipal Bond Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +2.28% |
| 2025 | +1.05% |
| 2024 | +6.11% |
| 2023 | +7.30% |
| 2022 | −16.83% |
| 2021 | +5.16% |
| 2020 | +3.84% |
| 2019 (Sep–Dec) | +0.02% |
JCTFX 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% | +1.5% | −2.3% | +1.6% | +0.8% | — | — | — | — | — | — | — |
| 2025 | +1.5% | +1.5% | −2.3% | −2.2% | −0.7% | +0.2% | −1.4% | −0.2% | +3.7% | +1.2% | +0.2% | −0.2% |
| 2024 | +0.5% | +0.9% | +0.7% | −1.3% | +0.6% | +2.8% | +1.0% | +1.0% | +1.7% | −1.7% | +1.7% | −1.9% |
| 2023 | +4.7% | −3.6% | +1.5% | +0.5% | −0.7% | +1.5% | +0.3% | −1.5% | −3.6% | −3.0% | +8.2% | +3.5% |
| 2022 | −2.7% | −1.0% | −4.2% | −4.4% | +0.9% | −4.0% | +4.5% | −2.9% | −6.9% | −2.5% | +6.0% | −0.3% |
| 2021 | +1.7% | −1.0% | +0.6% | +1.3% | +1.1% | +1.0% | +1.0% | −0.5% | −1.1% | −0.4% | +1.3% | +0.2% |
| 2020 | +1.9% | +2.0% | −10.0% | −4.2% | +3.5% | +4.5% | +2.6% | +0.1% | 0.0% | 0.0% | +2.4% | +1.7% |
| 2019 | — | — | — | — | — | — | — | — | −0.4% | 0.0% | +0.3% | +0.2% |
JCTFX Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 7.60%
- 3-year Sharpe ratio: 0.04 (vs 4.5% risk-free rate)
- Best month: +8.15% (Nov 2023)
- Worst month: −3.61% (Sep 2023)
JCTFX Fund Flows
Monthly money in and out of John Hancock High Yield Municipal Bond Fund, from SEC Form N-PORT.
- 12-month net flow: $173.5M
- 12-month gross sales (incl. reinvestments): $319.4M
- Sales ÷ redemptions: 2.19×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $25.0M | $14.2M | $10.8M |
| Apr 2026 | $17.2M | $14.2M | $3.0M |
| Mar 2026 | $24.8M | $11.1M | $13.7M |
| Feb 2026 | $16.1M | $9.5M | $6.6M |
| Jan 2026 | $18.3M | $10.4M | $8.0M |
| Dec 2025 | $95.0M | $18.5M | $76.4M |
| Nov 2025 | $26.6M | $7.3M | $19.3M |
| Oct 2025 | $18.6M | $9.4M | $9.2M |
| Sep 2025 | $17.6M | $8.2M | $9.4M |
| Aug 2025 | $16.2M | $19.0M | −$2.8M |
| Jul 2025 | $26.5M | $16.8M | $9.7M |
| Jun 2025 | $17.5M | $7.2M | $10.3M |
JCTFX Assets Under Management
Net assets of John Hancock High Yield Municipal Bond Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $514.73M |
| 2026-02-28 | $491.73M |
| 2025-11-30 | $396.48M |
| 2025-08-31 | $344.11M |
| 2025-05-31 | $335.95M |
| 2025-02-28 | $326.33M |
| 2024-11-30 | $282.74M |
| 2024-08-31 | $252.12M |
| 2024-05-31 | $228.43M |
| 2024-02-29 | $208.93M |
| 2023-11-30 | $185.33M |
| 2023-08-31 | $169.10M |
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.