John Hancock High Yield Municipal Bond Fund (JHTFX) belongs to the High Yield Muni category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with JHTFX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to JHTFX
JHTFX charges 0.85% annually. There are 37 mutual funds in the High Yield Muni category with lower expense ratios, going as low as 0.09%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard High-Yield Tax-Exempt Fund Admiral Shares | 0.09% | 17.80B | Nov 2001 | JHTFX vs VWALX | |
| BlackRock Allocation Target Shares Series E Portfo... | 0.11% | — | Aug 2014 | JHTFX vs BATEX | |
| Vanguard High-Yield Tax-Exempt Fund Investor Share... | 0.17% | 17.80B | Dec 1978 | JHTFX vs VWAHX | |
| Eaton Vance High Yield Municipal Income Fund Class... | 0.18% | — | May 2007 | JHTFX vs EWHYX | |
| American High-Income Municipal Bond Fund Class F-3 | 0.31% | — | Jan 2017 | JHTFX vs HIMFX |
Best Risk-Adjusted Alternatives to JHTFX
JHTFX has a PortfoliosLab risk / return rank of 80. There are 39 mutual funds in the High Yield Muni category with higher risk-adjusted ranks, going as high as 96.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| T. Rowe Price Tax Free High Yield Fund | 96 | — | Feb 1985 | JHTFX vs PRFHX | |
| Federated Hermes Municipal High Yield Advtg Fd | 95 | — | Apr 1987 | JHTFX vs FHTFX | |
| Columbia High Yield Municipal Fund | 94 | — | Mar 1984 | JHTFX vs SRHMX | |
| Invesco Short Duration High Yield Municipal Fund | 94 | — | Sep 2015 | JHTFX vs ISHYX | |
| Eaton Vance High Yield Municipal Income Fund Class... | 94 | — | May 2007 | JHTFX vs EWHYX |
Top Performing JHTFX Alternatives (YTD)
JHTFX is at 1.83% YTD. There are 14 mutual funds in the High Yield Muni category with higher YTD returns, going as high as 4.20%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Nuveen Municipal High Income Opportunity Fund | 4.20% | — | Nov 2003 | JHTFX vs NMZ | |
| Eaton Vance High Yield Municipal Income Fund Class... | 2.53% | — | May 2007 | JHTFX vs EWHYX | |
| Columbia High Yield Municipal Fund | 2.33% | — | Mar 1984 | JHTFX vs SRHMX | |
| Allspring High Yield Municipal Bond Fund | 2.06% | — | Jan 2013 | JHTFX vs WHYIX | |
| T. Rowe Price Tax Free High Yield Fund | 2.05% | — | Feb 1985 | JHTFX vs PRFHX |
Lowest Volatility Alternatives to JHTFX
JHTFX has 3.95% 1-year volatility. There are 44 mutual funds in the High Yield Muni category with lower 1-year volatility, going as low as 2.13%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Lord Abbett Short Duration High Income Municipal B... | 2.13% | — | Jun 2015 | JHTFX vs SDHIX | |
| Nuveen Short Duration High Yield Municipal Bond Fu... | 2.17% | — | Jan 2013 | JHTFX vs NVHIX | |
| Redwood Managed Municipal Income Fund | 2.27% | — | Mar 2017 | JHTFX vs RWMIX | |
| Invesco Short Duration High Yield Municipal Fund | 2.35% | — | Sep 2015 | JHTFX vs ISHYX | |
| abrdn Short Duration High Yield Municipal Fund | 2.62% | — | May 2013 | JHTFX vs AHYMX |
Lowest Drawdown Alternatives to JHTFX
JHTFX has a 1-year max drawdown of -3.20%. There are 41 mutual funds in the High Yield Muni category with shallower 1-year drawdowns, going as shallow as -1.71%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| First Eagle Short Duration High Yield Municipal Fu... | -1.71% | — | Feb 2024 | JHTFX vs FDUAX | |
| Nuveen Short Duration High Yield Municipal Bond Fu... | -1.79% | — | Jan 2013 | JHTFX vs NVHIX | |
| Invesco Short Duration High Yield Municipal Fund | -1.89% | — | Sep 2015 | JHTFX vs ISHYX | |
| abrdn Short Duration High Yield Municipal Fund | -1.98% | — | May 2013 | JHTFX vs AHYMX | |
| Lord Abbett Short Duration High Income Municipal B... | -2.08% | — | Jun 2015 | JHTFX vs SDHIX |
Other Mutual Funds from John Hancock
The 10 most viewed John Hancock mutual funds shown here include SVBAX, JAAAX, JVMIX and span 9 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| John Hancock Balanced Fund | Diversified Portfolio | 86 | 9.73% | — | Oct 1992 | JHTFX vs SVBAX | |
| John Hancock Funds Alternative Asset Allocation Fu... | Multistrategy | 96 | 6.31% | — | Jan 2009 | JHTFX vs JAAAX | |
| John Hancock Funds Disciplined Value Mid Cap Fund ... | Mid Cap Value Equities | 54 | 14.20% | — | Jun 1997 | JHTFX vs JVMIX | |
| John Hancock Variable Insurance Trust 500 Index Tr... | Large Cap Blend Equities | 60 | 9.15% | — | Nov 2012 | JHTFX vs JFIVX | |
| John Hancock Premium Dividend Fund | Dividend | 14 | 6.22% | — | Dec 1989 | JHTFX vs PDT | |
| John Hancock Funds Disciplined Value Fund | Large Cap Value Equities | 86 | 17.35% | — | Jan 1997 | JHTFX vs JVLIX | |
| John Hancock International Dynamic Growth Fund | Foreign Large Cap Equities | 26 | 12.26% | — | May 2019 | JHTFX vs JIJIX | |
| John Hancock Bond Fund | Intermediate Core-Plus Bond | 22 | -0.74% | — | Nov 1973 | JHTFX vs JHNBX | |
| John Hancock Fundamental Large Cap Core Fund | Large Cap Blend Equities | 16 | 1.91% | — | Oct 1984 | JHTFX vs TAGRX | |
| John Hancock Disciplined Value Global Long/Short F... | Long-Short | 94 | 12.74% | — | Apr 2014 | JHTFX vs JAKVX |
Often Compared With JHTFX
Investors most often compare JHTFX with SPHIX, TMNIX, JCCIX. These 20 comparison targets span 9 categories, based on PortfoliosLab usage data.
Compare JHTFX with Any Fund or Stock
Compare JHTFX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair JHTFX with funds that move differently
John Hancock High Yield Municipal Bond Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to JHTFX.
Explore JHTFX Diversifiers