Company Description
John Hancock Dynamic Municipal Bond ETF (symbol: JHMU) is a key player in the investment management landscape, offering a specialized approach to municipal bond investments. Managed by John Hancock Investment Management, a subsidiary of Manulife Investment Management, JHMU focuses on delivering income and capital appreciation opportunities through its dynamic investment strategy. This ETF aims to provide access to a diversified portfolio of municipal bonds, catering to investors seeking tax-advantaged income and long-term growth.
As of September 30, 2023, John Hancock Investment Management oversees more than $5 billion in assets across 12 funds, including a robust lineup of preferred income, mortgage-backed securities, corporate bonds, municipal bonds, and both U.S. and international equity portfolios. The addition of JHMU expands this suite, reflecting the firm's commitment to offering versatile and strategic investment solutions.
JHMU's strategy incorporates rigorous credit analysis and active management to navigate the complexities and risks associated with municipal bonds. This includes managing interest rate and credit risks, as well as addressing the potential impacts of fiscal mismanagement or tax shortfalls on bond prices.
Recent achievements highlight the firm's proactive approach in the ETF market. On November 2, 2023, John Hancock Investment Management launched two new ETFs, further diversifying its offerings and providing investors with additional avenues for income and growth, even amid varying macroeconomic conditions.
Investors should note that while JHMU offers attractive benefits, such as tax-advantaged income, it also carries inherent risks including fluctuations in market liquidity, interest rate changes, and the creditworthiness of bond issuers. Furthermore, active trading can increase transaction costs and impact fund performance.
John Hancock Investment Management's affiliation with Manulife Investment Management ensures a robust, global perspective, backed by a network of specialized asset managers. This collaboration fosters innovative investment strategies designed to meet diverse investor needs, from individual to institutional levels.
Stock Performance
SEC Filings
No SEC filings available for JHancock Dynamic Municipal Bond ETF.