10/04/2024 | Press release | Distributed by Public on 10/04/2024 13:02
NYSE Arca:
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JHMU
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John Hancock Dynamic Municipal Bond ETF
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1
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Principal investment strategies
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5
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Additional investment strategies
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5
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Principal risks of investing
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5
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Additional risks of investing
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12
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Who's who
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12
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Financial highlights
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15
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Buying and selling shares
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16
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Payment to broker-dealers and other financial intermediaries
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16
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Valuation of fund shares
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17
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Valuation of portfolio securities
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17
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Distributions
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18
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Book entry
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18
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Creations and redemptions
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18
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Taxation
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19
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Disclaimers
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21
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Continuous offering
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21
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Intraday value
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21
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Annual fund operating expenses (%) (expenses that you pay each year as a percentage of the value of your investment)
|
|
Management fee
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0.32
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Other expenses
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1.25
1
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Total annual fund operating expenses
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1.57
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Contractual expense reimbursement
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-1.18
2
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Total annual fund operating expenses after expense reimbursements
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0.39
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Expenses ($)
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1 year
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40
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3 years
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380
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Dennis DiCicco
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Adam A. Weigold, CFA
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Portfolio Manager
Managed the fund since 2023
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Senior Managing Director, Senior Portfolio Manager, and Head of the
Municipal Fixed Income Team
Managed the fund since 2023
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Average daily net assets ($)
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Annual rate (%)
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All asset levels
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0.32
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Dynamic Municipal Bond ETF
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|
Period ended
Per share operating performance
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4-30-24
1
|
Net asset value, beginning of period
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$25.00
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Net investment income2
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0.54
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Net realized and unrealized gain (loss) on investments
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1.63
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Total from investment operations
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2.17
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Less distributions
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From net investment income
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(0.47
)
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Net asset value, end of period
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$26.70
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Total return (%)3
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8.66
4
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Ratios and supplemental data
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|
Net assets, end of period (in millions)
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$23
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Ratios (as a percentage of average net assets):
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|
Expenses before reductions
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0.72
5
|
Expenses including reductions
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0.39
5
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Net investment income
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4.02
6
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Portfolio turnover (%)
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113
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1
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Period from 11-1-23 (commencement of operations) to 4-30-24.
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2
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Based on average daily shares outstanding.
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3
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Total returns would have been lower had certain expenses not been reduced during the period.
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4
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Not annualized.
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5
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Annualized. Certain expenses are presented unannualized.
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6
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Annualized.
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Investment income
dividends
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Capital gains
distributions
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|
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Declared
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Paid
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Declared
and Paid
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John Hancock Dynamic Municipal
Bond ETF
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Monthly
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Monthly
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Annually
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