| Scorecard |
|---|
|
2 / 5 Stars
|
|
Lipper
1
1
2
1
3
|
|
Zacks Investment Research
4
(Sell)
|
|
Standard & Poor's
1 / 5 Stars
|
|
TheStreet.com
C-
(Hold)
|
U.S. News evaluated 18 Muni Massachusetts Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
Performance
The fund has returned 3.95 percent over the past year, 5.12 percent over the past three years, 4.73 percent over the past five years, and 3.88 percent over the past decade.
| Trailing Returns | Updated 04.30.2013 |
|---|---|
| Year to date | 1.3% |
| 1 Year | 4.0% |
| 3 Years (Annualized) | 5.1% |
| 5 Years (Annualized) | 4.7% |
| 10 Years (Annualized) | 3.9% |
Summary
The investment seeks a high level of current income, consistent with preservation of capital, that is exempt from federal and Massachusetts personal income taxes. The fund normally invests at least 80% of assets in securities of any maturity exempt from federal and Massachusetts personal income taxes. It may hold up to 33% of assets in bonds rated as low as BB by S&P or Ba by Moody's or their unrated equivalents. The fund may buy bonds of any maturity.
Fees
Fees are High compared to funds in the same category.
John Hancock Massachusetts Tax Free Income Fund has an expense ratio of 1.62 percent.
Risk
Risk is Average compared to funds in the same category according to Morningstar.
