497K 1 jhctfif-html5126_497k.htm JH CALIFORNIA TAX-FREE INCOME FUND_497K

 

 

 

 

Prospectus Supplement

 

 

John Hancock California Tax-Free Income Fund (the Trust)

John Hancock California Municipal Bond Fund (formerly, John Hancock California Tax-Free Income Fund) (the fund)

 

Supplement dated June 23, 2022 to the current Summary Prospectus, as may be supplemented (the Summary Prospectus)

 

At its meeting held on June 20-23, 2022, the Trust’s Board of Trustees approved a reduction in the eligibility for investments in Class A shares with no front-end sales charge from $1 million to $250,000 and a change in the Contingent Deferred Sales Charge (CDSC) on such Class A share investments from 1% for the first year after purchase to 1% for the first 18 months after purchase, effective August 1, 2022. As a result, the “Shareholder fees” table in the “Fund summary” section is amended and restated as follows:

 

Shareholder fees (%) (fees paid directly from your investment) A C I R6
Maximum front-end sales charge (load) on purchases, as a % of purchase price 4.00 None None None
Maximum deferred sales charge (load) as a % of purchase or sale price, whichever is less 1.00
(on certain purchases, including those of $250,000 or more)
1.00 None None
Small account fee ($) (for fund account balances under $1,000) 20 20 None None

 

You should read this supplement in conjunction with the Summary Prospectus and retain it for your future reference.

 

 

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