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Mutual Funds Weekly Roundup: August 2
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The fund normally invests at least 80% of its net assets in equity securities of regional banks. Such regional banks may be of any size and may include, but are not limited to, commercial banks, industrial banks, savings and loan associations, and financial and bank holding companies. It may also invest in other U.S. and foreign financial services companies. The fund may invest up to 5% of net assets in stocks of companies outside the financial services sector and up to 5% of net assets in below-investment-grade bonds rated as low as CCC.
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| Period | FRBAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 13.3% | 9.2% | 26.9% | 68.92% |
| 1 Yr | -5.7% | -31.5% | 8.5% | 70.27% |
| 3 Yr | 7.8%* | -4.9% | 14.7% | 48.57% |
| 5 Yr | 6.8%* | -5.0% | 11.9% | 27.42% |
| 10 Yr | 6.1%* | -0.3% | 11.7% | 51.02% |
* Annualized
| Period | FRBAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2018 | -19.0% | -38.6% | -13.1% | 36.11% |
| 2017 | 8.4% | -9.3% | 21.8% | 75.36% |
| 2016 | 33.5% | 1.0% | 33.7% | 3.17% |
| 2015 | 2.1% | -34.6% | 15.9% | 25.00% |
| 2014 | 1.4% | -17.4% | 12.3% | 68.42% |
| Period | FRBAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 13.3% | 9.2% | 26.9% | 68.92% |
| 1 Yr | -5.7% | -21.7% | 8.8% | 63.51% |
| 3 Yr | 9.6%* | -4.9% | 15.5% | 37.14% |
| 5 Yr | 10.7%* | -5.0% | 10.8% | 3.23% |
| 10 Yr | 11.1%* | -0.3% | 12.3% | 4.08% |
* Annualized
| Period | FRBAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2018 | -18.6% | -36.1% | -4.8% | 36.11% |
| 2017 | 10.5% | -9.3% | 30.0% | 76.81% |
| 2016 | 37.9% | 1.0% | 37.9% | 1.59% |
| 2015 | 6.8% | -17.1% | 15.9% | 20.00% |
| 2014 | 9.3% | -17.4% | 13.2% | 26.32% |
| FRBAX | Category Low | Category High | FRBAX % Rank | |
|---|---|---|---|---|
| Net Assets | 1.65 B | 1.28 M | 7.67 B | 2.70% |
| Number of Holdings | 108 | 17 | 424 | 9.46% |
| Net Assets in Top 10 | 508 M | 584 K | 3.29 B | 8.11% |
| Weighting of Top 10 | 31.69% | 18.6% | 86.6% | 77.03% |
| Weighting | Return Low | Return High | FRBAX % Rank | |
|---|---|---|---|---|
| Stocks | 99.82% | 81.89% | 100.82% | 18.92% |
| Preferred Stocks | 0.13% | 0.00% | 7.41% | 8.11% |
| Cash | 0.05% | -0.82% | 8.68% | 78.38% |
| Other | 0.00% | -0.06% | 10.87% | 32.43% |
| Convertible Bonds | 0.00% | 0.00% | 0.52% | 28.38% |
| Bonds | 0.00% | 0.00% | 1.91% | 29.73% |
| Weighting | Return Low | Return High | FRBAX % Rank | |
|---|---|---|---|---|
| Financial Services | 99.82% | 69.43% | 99.85% | 2.70% |
| Utilities | 0.00% | 0.00% | 0.00% | 21.62% |
| Technology | 0.00% | 0.00% | 13.38% | 63.51% |
| Real Estate | 0.00% | 0.00% | 28.56% | 70.27% |
| Industrials | 0.00% | 0.00% | 10.95% | 56.76% |
| Healthcare | 0.00% | 0.00% | 0.00% | 21.62% |
| Energy | 0.00% | 0.00% | 0.00% | 21.62% |
| Communication Services | 0.00% | 0.00% | 1.50% | 27.03% |
| Consumer Defense | 0.00% | 0.00% | 0.00% | 21.62% |
| Consumer Cyclical | 0.00% | 0.00% | 3.05% | 41.89% |
| Basic Materials | 0.00% | 0.00% | 3.56% | 28.38% |
| Weighting | Return Low | Return High | FRBAX % Rank | |
|---|---|---|---|---|
| US | 99.82% | 50.61% | 100.00% | 4.05% |
| Non US | 0.00% | 0.00% | 42.37% | 79.73% |
| FRBAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.22% | 0.10% | 272.24% | 64.86% |
| Management Fee | 0.75% | 0.09% | 1.25% | 31.08% |
| 12b-1 Fee | 0.30% | 0.00% | 1.00% | 59.62% |
| Administrative Fee | N/A | 0.05% | 0.25% | N/A |
| FRBAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | 5.00% | 3.50% | 5.75% | 52.63% |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
| FRBAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 0.75% | 2.00% | N/A |
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.
| FRBAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 3.00% | 3.00% | 633.00% | 2.70% |
| FRBAX | Category Low | Category High | FRBAX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.37% | 0.00% | 6.01% | 40.54% |
| FRBAX | Category Low | Category High | Category Mode | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Quarterly | Annually | Quarterly | Annually |
| Date | Amount |
|---|---|
| Mar 26, 2019 | $0.094 |
| Sep 25, 2018 | $0.066 |
| Jun 26, 2018 | $0.050 |
| Mar 27, 2018 | $0.039 |
| Sep 26, 2017 | $0.048 |
| Jun 27, 2017 | $0.037 |
| Mar 28, 2017 | $0.021 |
| Sep 27, 2016 | $0.043 |
| Jun 28, 2016 | $0.041 |
| Mar 29, 2016 | $0.036 |
| Sep 28, 2015 | $0.023 |
| Jun 26, 2015 | $0.024 |
| Mar 26, 2015 | $0.024 |
| Sep 26, 2014 | $0.025 |
| Jun 26, 2014 | $0.019 |
| Mar 26, 2014 | $0.015 |
| Sep 26, 2013 | $0.023 |
| Jun 26, 2013 | $0.020 |
| Mar 26, 2013 | $0.014 |
| Sep 26, 2012 | $0.012 |
| Jun 27, 2012 | $0.021 |
| Mar 28, 2012 | $0.014 |
| Dec 16, 2011 | $0.023 |
| Sep 27, 2011 | $0.033 |
| Jun 27, 2011 | $0.010 |
| Dec 21, 2010 | $0.009 |
| Sep 17, 2010 | $0.011 |
| Jun 18, 2010 | $0.005 |
| Mar 19, 2010 | $0.006 |
| Dec 15, 2009 | $0.027 |
| Sep 18, 2009 | $0.020 |
| Jun 22, 2009 | $0.037 |
| Mar 20, 2009 | $0.071 |
| Dec 16, 2008 | $0.090 |
| Sep 19, 2008 | $0.096 |
| Jun 20, 2008 | $0.090 |
| Mar 20, 2008 | $0.143 |
| Dec 14, 2007 | $0.191 |
| Sep 19, 2007 | $0.177 |
| Jun 20, 2007 | $0.162 |
| Mar 21, 2007 | $0.164 |
| Dec 20, 2006 | $0.181 |
| Sep 20, 2006 | $0.163 |
| Jun 21, 2006 | $0.176 |
| Mar 22, 2006 | $0.161 |
| Dec 23, 2005 | $0.199 |
| Sep 23, 2005 | $0.169 |
| Jun 24, 2005 | $0.171 |
| Mar 28, 2005 | $0.182 |
| Dec 27, 2004 | $0.164 |
| Sep 24, 2004 | $0.136 |
| Jun 25, 2004 | $0.153 |
| Mar 26, 2004 | $0.146 |
| Dec 19, 2003 | $0.151 |
| Sep 26, 2003 | $0.136 |
| Jun 27, 2003 | $0.114 |
| Mar 28, 2003 | $0.131 |
| Dec 13, 2002 | $0.139 |
| Sep 27, 2002 | $0.109 |
| Jun 28, 2002 | $0.100 |
| Mar 27, 2002 | $0.115 |
| Dec 14, 2001 | $0.132 |
| Sep 28, 2001 | $0.127 |
| Jun 29, 2001 | $0.140 |
| Mar 30, 2001 | $0.145 |
| Nov 10, 2000 | $0.187 |
| Sep 29, 2000 | $0.198 |
| Jun 30, 2000 | $0.205 |
| Mar 31, 2000 | $0.210 |
| Dec 15, 1999 | $0.195 |
| Sep 29, 1999 | $0.176 |
| Jun 29, 1999 | $0.166 |
| Mar 30, 1999 | $0.187 |
| Dec 14, 1998 | $0.173 |
| Sep 29, 1998 | $0.180 |
| Jun 29, 1998 | $0.160 |
| Mar 30, 1998 | $0.158 |
| Dec 22, 1997 | $0.148 |
| Sep 29, 1997 | $0.154 |
| FRBAX | Category Low | Category High | FRBAX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 0.76% | -2.28% | 10.79% | 43.24% |
| FRBAX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Manager
Start Date
Tenure
Tenure Rank
Dec 31, 2002
16.76
16.8%
Lisa A. Welch is a senior managing director and senior portfolio manager at Manulife Asset Management. She is the lead portfolio manager on the Financial Institutions team, which manages both the Regional Bank and Financial Industries strategies. Lisa specializes in US banking companies. Education: Boston College, BA, Summa Cum Laude, in Economics, 1986; Bentley College, MBA, 1994 Joined Company: 1998 Began Career: 1986
Manager
Start Date
Tenure
Tenure Rank
May 01, 2006
13.42
13.4%
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.
Manager
Start Date
Tenure
Tenure Rank
Jul 01, 2015
4.25
4.3%
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
0.33
Category High
22.75
Category Average
8.37
Category Mode
1.91
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