JHMUJohn Hancock Dynamic Municipal Bond ETF
Seeks a high level of interest income exempt from federal income tax.
By John Hancock · Launched 2023
Annual Cost
0.39%
#1,988 of 6,040 · low cost
Fund Size
$44M
#3,878 of 6,040 · mid-size
Return (1Y)
+0.7%
Track Record
2 years
#3,206 of 6,040 · seasoned
Performance
Total-return NAV · USDGrowth of $10,000
$10,500+5.0%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundHoldings
By weightConcentration
Top 10 holdings = 14.3% of funddiversified
JH COLLATERAL
2.7%
Port of Seattle WA
1.4%
UTILITY DEBT SECURITIZATION AU UTLUTL 12/41 FIXED 5
1.4%
Florida Development Finance Corporation
1.3%
Tennessee Energy Acquisition Corporation
1.3%
Southeast Energy Authority a Cooperative District
1.3%
CALIFORNIA COMMUNITY CHOICE FI CCEDEV 02/31 FIXED 5
1.3%
Tennessee Energy Acquisition Corporation
1.2%
New York City Municipal Water Finance Authority
1.2%
CITY OF PHILADELPHIA PA AIRPOR PHIAPT 07/29 FIXED 5
1.2%
Asset allocation
Bonds
98.1%
Cash
1.9%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
3.0%Low
Year-on-year price swings
Max drawdown
-37.5%Severe
Worst peak-to-trough loss
Sharpe (3Y)
-0.46Below average
Sortino (3Y)
-0.47Moderate downside risk
Bond profile
Duration
4.8 years
Avg maturity
10.1 years
Credit ratings
AAA
9.6%
AA
24.7%
A
32.0%
BBB
16.8%
BB
6.1%
B
1.3%
Other
9.4%
Listing
- Exchange
- NYSE Arca
Full fund details
- Objective
- Seeks a high level of interest income exempt from federal income tax.
- Strategy
- Actively manages a portfolio primarily invested in municipal bonds, focusing on investment-grade bonds while allowing up to 20% in non-investment grade. The fund is not index-tracking and may leverage assets through tender option bond transactions.
- Inception date
- November 1, 2023
- Fund family
- John Hancock
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Data updated on 2026-09-18