TCCAX Performance — John Hancock California Municipal Bond Fund, Class C
Data updated: 2026-09-24
TCCAX returned +1.42% year to date and +7.09% over one year to May 2026. Annualised returns are +3.37% over 3 years and +0.50% over 5 years. The fund trailed its Long-Term Municipal Bond category average: $100 invested three years ago grew to $110, against $112 for the category, and to $107 over one year, against $107. Volatility over the past three years was 7.73% a year. In the 12 months to May 2026 the fund took in a net $7.1M, and assets reached $544.08M.
TCCAX 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 | TCCAX | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $107 | $107 |
| 3 years (Jun 2023 – May 2026) | $110 | $112 |
| 5 years (Jun 2021 – May 2026) | $103 | $103 |
| Since data start (Sep 2019 – May 2026) | $106 | $109 |
TCCAX Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +1.42% |
| 1 year | +7.09% |
| 3 years (annualised) | +3.37% |
| 5 years (annualised) | +0.50% |
TCCAX 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) | +1.42% |
| 2025 | +1.33% |
| 2024 | +1.94% |
| 2023 | +7.30% |
| 2022 | −9.32% |
| 2021 | +1.76% |
| 2020 | +2.90% |
| 2019 (Sep–Dec) | −0.49% |
TCCAX 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 | +0.6% | +1.6% | −2.7% | +1.5% | +0.6% | — | — | — | — | — | — | — |
| 2025 | −0.2% | +1.1% | −2.5% | −1.4% | −1.1% | +0.5% | −1.3% | +0.9% | +3.9% | +1.5% | +0.4% | −0.2% |
| 2024 | −0.1% | 0.0% | 0.0% | −1.3% | 0.0% | +1.9% | +0.9% | +0.6% | +1.3% | −1.6% | +1.8% | −1.7% |
| 2023 | +3.6% | −3.0% | +2.5% | −0.3% | −0.9% | +1.1% | +0.3% | −1.5% | −3.7% | −2.6% | +9.1% | +3.1% |
| 2022 | −2.3% | −0.7% | −2.5% | −2.5% | +1.4% | −2.6% | +3.1% | −2.9% | −4.7% | −1.4% | +6.1% | −0.3% |
| 2021 | +0.7% | −1.6% | +0.6% | +1.1% | +0.4% | +0.5% | +0.7% | −0.5% | −1.0% | 0.0% | +0.8% | +0.1% |
| 2020 | +1.6% | +1.5% | −5.8% | −2.1% | +3.4% | +1.3% | +1.6% | −0.4% | 0.0% | −0.3% | +1.7% | +0.6% |
| 2019 | — | — | — | — | — | — | — | — | −0.6% | 0.0% | 0.0% | +0.1% |
TCCAX Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 7.73%
- 3-year Sharpe ratio: -0.15 (vs 4.5% risk-free rate)
- Best month: +9.12% (Nov 2023)
- Worst month: −3.71% (Sep 2023)
TCCAX 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 |
TCCAX 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.