John Hancock Short Duration Municipal Opportunities Fund is a mutual fund focused on providing investors with total return that is exempt from federal income tax while maintaining a strong emphasis on preservation of capital. The fund invests primarily in a diversified portfolio of municipal bonds and other fixed income securities, allocating at least 80% of its assets to municipal bonds that generate federally tax-exempt interest. This strategy appeals to investors seeking tax-advantaged income solutions. The fund is designed to maintain an average effective duration of 4.5 years or less, making it a short-duration product well-suited to investors aiming to limit interest rate risk relative to longer-term bond funds. By targeting municipal obligations from various issuers and sectors, the fund helps support public infrastructure and community development across the United States. As part of John Hancock's lineup, this fund serves as a specialized fixed income option, addressing the needs of investors who prefer tax-exempt income and lower interest rate sensitivity within their broader portfolios.
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