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Hancock John Tax Trust Hi Yld Muni B: (MF: TSHTX)

(NASDAQ Mutual Funds) As of May 3, 2019 08:15 PM ET

$7.96 USD

0.00 (NA)

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2 Buy
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NA

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Fund Description

The fund was incepted in August 1986 and is managed by John Hancock Advisers, LLC. The fund seeks a high level of current income that is largely exempt from federal income tax consistent with preservation of capital. The fund invests at least 80% of its assets in municipal bonds of any maturity with credit ratings from A to BB/Ba and their unrated equivalents. The fund may invest up to 5% of its assets in bonds rated as low as CC/Ca and their unrated equivalents. Dividends are declared daily and paid monthly. Capital gains, if any, are distributed annually.