---
ticker: "JHMU"
name: "John Hancock Investments - Dynamic Municipal Bond ETF"
url: "https://etf.net/etf/JHMU"
grade: "B"
score: 56
graded_at: "2026-10-12"
category: "Other Municipal Bond"
category_rank: "34 of 63"
methodology: "https://etf.net/methodology"
---

# JHMU: John Hancock Investments - Dynamic Municipal Bond ETF

Grade **B**, Score 56 of 100. Rank 34 of 63 in Other Municipal Bond.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 26 | 44 of 63 |
| Mission | 92 | 25 of 59 |
| Risk | 71 | 2 of 63 |
| Tradability | 50 | 32 of 63 |
| Holdings | 54 | 36 of 63 |
| Durability | 41 | 45 of 63 |

## Top holdings

The fund holds 243 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | — | Jh Ctf | 6.95% |
| 2 | — | Philadelphia Pa | 1.46% |
| 3 | — | California Cmnty Choice Fing A | 1.44% |
| 4 | — | Miami Dade Cnty Fl Aviation Re | 1.38% |
| 5 | — | Black Belt Energy Gas Dist Al | 1.28% |
| 6 | — | Washoe Cnty NV Highway Revenue | 1.09% |
| 7 | — | Allegheny Cnty Pa Arpt Auth Ar | 1.06% |
| 8 | — | Port of Seattle Wa Revenue | 1.03% |
| 9 | — | Tolomato Fl Cdd | 1.02% |
| 10 | — | Main Street Natural Gas Inc Ga | 0.99% |
| 11 | — | Florida St Dev Fin Corp Eductn | 0.97% |
| 12 | — | Black Belt Energy Gas Dist Al | 0.97% |
| 13 | — | Indiana St Fin Auth Poll Contr | 0.95% |
| 14 | — | California Cmnty Choice Fing A | 0.93% |
| 15 | — | Skagit Cnty Wa Public Hosp Dis | 0.93% |
| 16 | — | Black Belt Energy Gas Dist Al | 0.93% |
| 17 | — | Black Belt Energy Gas Dist Al | 0.93% |
| 18 | — | Tennessee St Energy Acquisitio | 0.92% |
| 19 | — | Philadelphia Pa Arpt Revenue | 0.91% |
| 20 | — | Salt Lake City Ut Arpt Revenue | 0.91% |
| 21 | — | Public Fin Auth Wi Spl Fac Rev | 0.89% |
| 22 | — | Lee Cnty Fl Arpt Revenue | 0.89% |
| 23 | — | Miami Dade Cnty Fl Aviation Re | 0.88% |
| 24 | — | Sthrn Ute Indian Tribe of Sthr | 0.88% |
| 25 | — | Salt Lake City Ut Arpt Revenue | 0.87% |
| 26 | — | Black Belt Energy Gas Dist Al | 0.87% |
| 27 | — | New York City Ny Muni Wtr Fin | 0.87% |
| 28 | — | Vista Ridge Co Met Dist | 0.85% |
| 29 | — | North East Tx Regl Mobility Au | 0.74% |
| 30 | — | California Cmnty Choice Fing A | 0.72% |

Source: etf.net, https://etf.net/etf/JHMU. Please cite the page URL.