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JOHN HANCOCK CALIFORNIA TAX-FREE INCOME FUND
CLASS A AND CLASS B SHARES
SUPPLEMENT TO PROSPECTUS DATED MAY 1, 1995
Investment Objective and Policies
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The Fund's investment policies have been revised to allow investments
in unrated bonds comparable to BBB, and up to 20% of the Fund's total assets
to be invested in bonds rated BB/Ba or equivalent. The paragraphs under this
section numbered (1) and (5) are deleted in their entirety and replaced by:
The Fund pursues its objective by investing in:
(1) Bonds which, at the time of purchase, are rated within one
of the five highest ratings by Standard and Poor's Ratings
Group ("S&P") (AAA, AA, A, BBB or BB), Moody's Investor
Services ("Moody's") (AAA, AA, A, Baa or Ba), or Fitch Investor
Services ("Fitch") (AAA, AA, A BBB or BB).
(5) Unrated bonds, notes and commercial paper that in the
opinion of the Adviser are, at the time of purchase, comparable
in quality to the rated obligations of the same types described
above. The Fund may not purchase an unrated obligation which
would cause more than 25% of its total assets to be invested in
unrated debt obligations. Not more than 20% of the Fund's
total assets will be invested in bonds rated lower than BBB or,
if unrated, determined to be of comparable quality, in the
opinion of the Adviser.
July 3, 1995
5300S 7/95
