JTBDX Performance — John Hancock Municipal Opportunities Fund, Class I
Data updated: 2026-09-24
JTBDX returned +1.23% year to date and +6.53% over one year to May 2026. Annualised returns are +4.33% over 3 years and +1.09% over 5 years. The fund beat its Intermediate Municipal Bond category average: $100 invested three years ago grew to $114, against $111 for the category, and to $107 over one year, against $106. Volatility over the past three years was 5.48% a year. In the 12 months to May 2026 the fund took in a net $209.9M, and assets reached $1.55B.
JTBDX Growth of $100
What $100 invested in John Hancock Municipal Opportunities Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Intermediate Municipal Bond category average over the same months.
| Period | JTBDX | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $107 | $106 |
| 3 years (Jun 2023 – May 2026) | $114 | $111 |
| 5 years (Jun 2021 – May 2026) | $106 | $104 |
| Since data start (Sep 2019 – May 2026) | $112 | $109 |
JTBDX Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +1.23% |
| 1 year | +6.53% |
| 3 years (annualised) | +4.33% |
| 5 years (annualised) | +1.09% |
JTBDX Annual Returns
Calendar-year total returns of John Hancock Municipal Opportunities Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +1.23% |
| 2025 | +4.47% |
| 2024 | +2.77% |
| 2023 | +6.27% |
| 2022 | −9.53% |
| 2021 | +3.40% |
| 2020 | +4.21% |
| 2019 (Sep–Dec) | −0.27% |
JTBDX 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 | +1.0% | +1.1% | −2.3% | +1.1% | +0.4% | — | — | — | — | — | — | — |
| 2025 | +0.4% | +1.1% | −1.6% | −0.7% | +0.1% | +0.8% | 0.0% | +0.8% | +2.1% | +0.9% | +0.3% | +0.3% |
| 2024 | +0.1% | +0.3% | +0.2% | −1.0% | −0.1% | +1.7% | +1.0% | +0.9% | +1.2% | −1.5% | +1.5% | −1.2% |
| 2023 | +3.0% | −2.4% | +2.0% | −0.1% | −0.7% | +1.1% | +0.3% | −1.2% | −2.9% | −1.5% | +6.4% | +2.4% |
| 2022 | −2.4% | −0.7% | −2.8% | −2.8% | +0.9% | −2.2% | +2.5% | −1.9% | −3.9% | −1.0% | +4.6% | +0.1% |
| 2021 | +1.1% | −1.2% | +0.9% | +1.1% | +0.5% | +0.4% | +0.6% | −0.2% | −0.8% | −0.1% | +0.8% | +0.2% |
| 2020 | +1.8% | +1.5% | −6.0% | −2.3% | +2.7% | +2.0% | +1.8% | −0.1% | −0.1% | +0.1% | +1.8% | +1.1% |
| 2019 | — | — | — | — | — | — | — | — | −0.7% | +0.1% | +0.1% | +0.3% |
JTBDX Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 5.48%
- 3-year Sharpe ratio: -0.03 (vs 4.5% risk-free rate)
- Best month: +6.39% (Nov 2023)
- Worst month: −2.88% (Sep 2023)
JTBDX Fund Flows
Monthly money in and out of John Hancock Municipal Opportunities Fund, from SEC Form N-PORT.
- 12-month net flow: $209.9M
- 12-month gross sales (incl. reinvestments): $575.3M
- Sales ÷ redemptions: 1.57×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $33.1M | $26.6M | $6.5M |
| Apr 2026 | $38.5M | $33.0M | $5.5M |
| Mar 2026 | $43.1M | $31.9M | $11.2M |
| Feb 2026 | $46.1M | $31.8M | $14.2M |
| Jan 2026 | $41.0M | $38.6M | $2.4M |
| Dec 2025 | $120.9M | $28.3M | $92.6M |
| Nov 2025 | $48.7M | $18.8M | $29.9M |
| Oct 2025 | $47.1M | $21.3M | $25.7M |
| Sep 2025 | $40.2M | $23.9M | $16.2M |
| Aug 2025 | $40.4M | $40.0M | $454K |
| Jul 2025 | $41.3M | $33.8M | $7.5M |
| Jun 2025 | $35.1M | $37.3M | −$2.3M |
JTBDX Assets Under Management
Net assets of John Hancock Municipal Opportunities Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $1.55B |
| 2026-02-28 | $1.56B |
| 2025-11-30 | $1.42B |
| 2025-08-31 | $1.32B |
| 2025-05-31 | $1.31B |
| 2025-02-28 | $1.34B |
| 2024-11-30 | $1.29B |
| 2024-08-31 | $1.20B |
| 2024-05-31 | $1.13B |
| 2024-02-29 | $1.09B |
| 2023-11-30 | $988.31M |
| 2023-08-31 | $977.82M |
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.