JHancock Financial Industries B
Name
As of 10/14/2020Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
-13.8%
1 yr return
-9.5%
3 Yr Avg Return
-2.1%
5 Yr Avg Return
4.7%
Net Assets
$581 M
Holdings in Top 10
30.0%
52 WEEK LOW AND HIGH
$14.8
$10.24
$18.35
Expenses
OPERATING FEES
Expense Ratio 1.96%
SALES FEES
Front Load N/A
Deferred Load 5.00%
TRADING FEES
Turnover 28.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 10/14/2020Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
FIDBX - Profile
Distributions
- YTD Total Return -13.8%
- 3 Yr Annualized Total Return -2.9%
- 5 Yr Annualized Total Return 4.4%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.50%
- Dividend Yield 0.8%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NameJohn Hancock Financial Industries Fund
-
Fund Family NameJohn Hancock
-
Inception DateJan 14, 1997
-
Shares OutstandingN/A
-
Share ClassB
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerSusan Curry
Fund Description
Under normal market conditions, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities of U.S. and foreign financial services companies of any size. These companies include, but are not limited to, banks, thrifts, finance and financial technology companies, brokerage and advisory firms, real estate related firms, insurance companies, and financial holding companies. Equity securities include, but are not limited to, common and preferred stock and their equivalents, such as publicly traded limited partnerships, depositary receipts, rights, and warrants. The fund may invest in companies located in emerging-market countries. The fund may gain exposure to securities described in these strategies through investing in investment companies and pooled investment vehicles.
The manager focuses primarily on equity securities selection rather than industry allocation, using fundamental financial analysis to identify securities that appear comparatively undervalued.
The fund may invest in U.S. and foreign bonds, including up to 5% of net assets in below-investment-grade bonds (i.e., junk bonds) rated as low as CCC by S&P Global Ratings or Caa by Moody’s Investors Service, Inc. and their unrated equivalents. It may also invest up to 15% of net assets in investment-grade short-term securities. The fund’s investment policies are based on credit ratings at the time of purchase.
The fund may invest in derivatives to a limited extent. Derivatives may be used to reduce risk, obtain efficient market exposure, and/or to enhance investment returns, and may include futures contracts, options, and foreign currency forward contracts.
The fund focuses its investments in securities of issuers in the financial services sector.
FIDBX - Performance
Return Ranking - Trailing
| Period | FIDBX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -13.8% | -51.9% | 12.6% | 26.42% |
| 1 Yr | -9.5% | -44.6% | 18.8% | 20.75% |
| 3 Yr | -2.1%* | -15.6% | 7.0% | 42.86% |
| 5 Yr | 4.7%* | -3.9% | 11.9% | 45.26% |
| 10 Yr | 7.9%* | -1.4% | 11.3% | 38.82% |
* Annualized
Return Ranking - Calendar
| Period | FIDBX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 20.9% | 10.5% | 35.3% | 69.90% |
| 2022 | -21.7% | -38.6% | -4.7% | 82.29% |
| 2021 | 3.9% | -63.0% | 29.1% | 83.70% |
| 2020 | 11.7% | -14.7% | 36.0% | 77.65% |
| 2019 | -3.3% | -34.6% | 15.9% | 53.09% |
Total Return Ranking - Trailing
| Period | FIDBX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -13.8% | -51.9% | 12.6% | 26.42% |
| 1 Yr | -13.7% | -44.6% | 18.8% | 28.30% |
| 3 Yr | -2.9%* | -15.6% | 7.0% | 44.90% |
| 5 Yr | 4.4%* | -3.9% | 11.9% | 45.26% |
| 10 Yr | 7.9%* | -1.4% | 11.3% | 38.82% |
* Annualized
Total Return Ranking - Calendar
| Period | FIDBX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 20.9% | 10.5% | 35.3% | 69.90% |
| 2022 | -21.7% | -36.1% | -4.7% | 87.50% |
| 2021 | 12.6% | -9.3% | 30.0% | 59.78% |
| 2020 | 19.3% | -14.7% | 37.9% | 40.00% |
| 2019 | -3.1% | -17.1% | 15.9% | 55.56% |
NAV & Total Return History
FIDBX - Holdings
Concentration Analysis
| FIDBX | Category Low | Category High | FIDBX % Rank | |
|---|---|---|---|---|
| Net Assets | 581 M | 309 K | 16.7 B | 20.91% |
| Number of Holdings | 94 | 20 | 416 | 27.78% |
| Net Assets in Top 10 | 184 M | 251 K | 8.93 B | 22.22% |
| Weighting of Top 10 | 29.98% | 16.0% | 81.7% | 84.26% |
Top 10 Holdings
- Visa Inc Class A 4.11%
- Adyen NV 3.43%
- Adyen NV 3.43%
- Adyen NV 3.43%
- Adyen NV 3.43%
- Adyen NV 3.43%
- Adyen NV 3.43%
- Adyen NV 3.43%
- Adyen NV 3.43%
- Adyen NV 3.43%
Asset Allocation
| Weighting | Return Low | Return High | FIDBX % Rank | |
|---|---|---|---|---|
| Stocks | 94.90% | 55.85% | 100.00% | 87.96% |
| Cash | 4.16% | -1.74% | 6.88% | 8.33% |
| Convertible Bonds | 0.59% | 0.00% | 0.65% | 4.63% |
| Other | 0.35% | -0.63% | 10.48% | 10.19% |
| Preferred Stocks | 0.00% | 0.00% | 12.76% | 50.00% |
| Bonds | 0.00% | -0.53% | 40.08% | 51.85% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | FIDBX % Rank | |
|---|---|---|---|---|
| Financial Services | 81.26% | 33.74% | 100.00% | 75.00% |
| Real Estate | 9.03% | 0.00% | 39.36% | 16.67% |
| Technology | 6.89% | 0.00% | 40.59% | 14.81% |
| Industrials | 2.73% | 0.00% | 9.26% | 16.67% |
| Consumer Cyclical | 0.09% | 0.00% | 55.30% | 37.96% |
| Utilities | 0.00% | 0.00% | 0.11% | 49.07% |
| Healthcare | 0.00% | 0.00% | 4.66% | 49.07% |
| Energy | 0.00% | 0.00% | 0.01% | 49.07% |
| Communication Services | 0.00% | 0.00% | 5.86% | 54.63% |
| Consumer Defense | 0.00% | 0.00% | 2.74% | 49.07% |
| Basic Materials | 0.00% | 0.00% | 4.44% | 49.07% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | FIDBX % Rank | |
|---|---|---|---|---|
| US | 82.10% | 0.00% | 100.00% | 76.85% |
| Non US | 12.80% | 0.00% | 99.02% | 35.19% |
FIDBX - Expenses
Operational Fees
| FIDBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.96% | 0.08% | 4.35% | 18.87% |
| Management Fee | 0.77% | 0.00% | 1.25% | 60.91% |
| 12b-1 Fee | 1.00% | 0.00% | 1.00% | 94.55% |
| Administrative Fee | N/A | 0.10% | 0.25% | N/A |
Sales Fees
| FIDBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 3.50% | 5.75% | N/A |
| Deferred Load | 5.00% | 1.00% | 5.00% | 13.33% |
Trading Fees
| FIDBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| FIDBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 28.00% | 4.00% | 360.00% | 63.73% |
FIDBX - Distributions
Dividend Yield Analysis
| FIDBX | Category Low | Category High | FIDBX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.75% | 0.00% | 12.42% | 66.36% |
Dividend Distribution Analysis
| FIDBX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annually | Annually | Quarterly | Annually |
Net Income Ratio Analysis
| FIDBX | Category Low | Category High | FIDBX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 0.50% | -1.75% | 9.95% | 81.48% |
Capital Gain Distribution Analysis
| FIDBX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 18, 2017 | $0.288 | |
| Dec 19, 2016 | $0.037 | |
| Dec 17, 2015 | $0.039 | |
| Dec 16, 2011 | $0.047 | |
| Dec 16, 2008 | $0.038 |
FIDBX - Fund Manager Analysis
Managers
Susan Curry
Start Date
Tenure
Tenure Rank
Dec 05, 2008
11.83
11.8%
Susan is a managing director and portfolio manager at John Hancock Asset Management, where she's a member of the financial institutions team. She joined the company in 1998 as a senior product manager for institutional investments and services, responsible for marketing support of the firm’s equity strategies. She joined the financial institutions team in 2004 as an investment analyst. She began her career at Fidelity Investments in 1993, where she served as a research analyst. Susan earned a B.A. from the University of Massachusetts Amherst and an M.S. from Brandeis University.
Ryan Lentell
Start Date
Tenure
Tenure Rank
Jul 01, 2015
5.25
5.3%
Ryan P. Lentell, CFA, is Managing Director and Portfolio Manager. Ryan has joined John Hancock Asset Management a division of Manulife Asset Management (US) LLC in 2008. Ryan began business career in 1999.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.09 | 23.76 | 6.61 | 0.46 |