JHancock Regional Bank 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
-34.0%
1 yr return
-30.9%
3 Yr Avg Return
-12.4%
5 Yr Avg Return
0.5%
Net Assets
$734 M
Holdings in Top 10
32.7%
52 WEEK LOW AND HIGH
$17.5
$13.21
$26.73
Expenses
OPERATING FEES
Expense Ratio 1.94%
SALES FEES
Front Load N/A
Deferred Load 5.00%
TRADING FEES
Turnover 4.00%
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
FRBFX - Profile
Distributions
- YTD Total Return -34.0%
- 3 Yr Annualized Total Return -13.2%
- 5 Yr Annualized Total Return 0.2%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.89%
- Dividend Yield 1.4%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameJohn Hancock Regional Bank Fund
-
Fund Family NameJohn Hancock
-
Inception DateOct 04, 1985
-
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 regional banks. Because the fund normally invests more than 25% of its assets in equity securities of regional banks, the fund is considered to be “concentrated” in the banking industry. A regional bank is a U.S.-based banking company that primarily operates in one or more regions of the country. 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. Typically, these companies provide full-service banking and have primarily domestic assets. Equity securities include, but are not limited to, common and preferred stocks and their equivalents, such as publicly-traded limited partnerships, depositary receipts, rights, and warrants of companies of any market capitalization.
The manager focuses primarily on equity securities selection, using fundamental financial analysis to identify securities that appear comparatively undervalued. Given the industrywide trend toward consolidation, the manager may invest in companies that appear to be positioned for a merger.
The fund may also invest in other U.S. and foreign financial services companies, such as money center banks. A money center bank is a bank located in a financial center, which deals in national and international financial markets. 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 (i.e., junk bonds) rated as low as CCC by S&P Global Ratings Services or Caa by Moody’s Investors Service, Inc. and their unrated equivalents. 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 enhance investment returns, and may include futures contracts, options, and foreign currency forward contracts.
FRBFX - Performance
Return Ranking - Trailing
| Period | FRBFX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -34.0% | -51.9% | 12.6% | 96.23% |
| 1 Yr | -30.9% | -44.6% | 18.8% | 94.34% |
| 3 Yr | -12.4%* | -15.6% | 7.0% | 90.82% |
| 5 Yr | 0.5%* | -3.9% | 11.9% | 81.05% |
| 10 Yr | 6.6%* | -1.4% | 11.3% | 63.53% |
* Annualized
Return Ranking - Calendar
| Period | FRBFX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 25.1% | 10.5% | 35.3% | 44.66% |
| 2022 | -19.1% | -38.6% | -4.7% | 52.08% |
| 2021 | 8.2% | -63.0% | 29.1% | 73.91% |
| 2020 | 33.3% | -14.7% | 36.0% | 5.88% |
| 2019 | 1.7% | -34.6% | 15.9% | 25.93% |
Total Return Ranking - Trailing
| Period | FRBFX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -34.0% | -51.9% | 12.6% | 96.23% |
| 1 Yr | -34.3% | -44.6% | 18.8% | 98.11% |
| 3 Yr | -13.2%* | -15.6% | 7.0% | 93.88% |
| 5 Yr | 0.2%* | -3.9% | 11.9% | 82.11% |
| 10 Yr | 6.6%* | -1.4% | 11.3% | 60.00% |
* Annualized
Total Return Ranking - Calendar
| Period | FRBFX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 25.1% | 10.5% | 35.3% | 44.66% |
| 2022 | -19.0% | -36.1% | -4.7% | 53.13% |
| 2021 | 9.8% | -9.3% | 30.0% | 75.00% |
| 2020 | 36.9% | -14.7% | 37.9% | 2.35% |
| 2019 | 6.0% | -17.1% | 15.9% | 20.99% |
NAV & Total Return History
FRBFX - Holdings
Concentration Analysis
| FRBFX | Category Low | Category High | FRBFX % Rank | |
|---|---|---|---|---|
| Net Assets | 734 M | 309 K | 16.7 B | 7.27% |
| Number of Holdings | 98 | 20 | 416 | 21.30% |
| Net Assets in Top 10 | 260 M | 251 K | 8.93 B | 11.11% |
| Weighting of Top 10 | 32.66% | 16.0% | 81.7% | 71.30% |
Top 10 Holdings
- Citizens Financial Group Inc 3.71%
- KeyCorp 3.60%
- Regions Financial Corp 3.56%
- Fifth Third Bancorp 3.55%
- Truist Financial Corp 3.44%
- Bank of America Corp 3.11%
- JPMorgan Chase & Co 3.08%
- PNC Financial Services Group Inc 2.95%
- Zions Bancorp NA 2.93%
- M&T Bank Corp 2.74%
Asset Allocation
| Weighting | Return Low | Return High | FRBFX % Rank | |
|---|---|---|---|---|
| Stocks | 99.70% | 55.85% | 100.00% | 33.33% |
| Cash | 0.30% | -1.74% | 6.88% | 61.11% |
| Preferred Stocks | 0.00% | 0.00% | 12.76% | 12.96% |
| Other | 0.00% | -0.63% | 10.48% | 25.00% |
| Convertible Bonds | 0.00% | 0.00% | 0.65% | 15.74% |
| Bonds | 0.00% | -0.53% | 40.08% | 13.89% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | FRBFX % Rank | |
|---|---|---|---|---|
| Financial Services | 100.00% | 33.74% | 100.00% | 1.85% |
| Utilities | 0.00% | 0.00% | 0.11% | 11.11% |
| Technology | 0.00% | 0.00% | 40.59% | 44.44% |
| Real Estate | 0.00% | 0.00% | 39.36% | 57.41% |
| Industrials | 0.00% | 0.00% | 9.26% | 40.74% |
| Healthcare | 0.00% | 0.00% | 4.66% | 11.11% |
| Energy | 0.00% | 0.00% | 0.01% | 10.19% |
| Communication Services | 0.00% | 0.00% | 5.86% | 18.52% |
| Consumer Defense | 0.00% | 0.00% | 2.74% | 12.04% |
| Consumer Cyclical | 0.00% | 0.00% | 55.30% | 45.37% |
| Basic Materials | 0.00% | 0.00% | 4.44% | 11.11% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | FRBFX % Rank | |
|---|---|---|---|---|
| US | 99.70% | 0.00% | 100.00% | 7.41% |
| Non US | 0.00% | 0.00% | 99.02% | 84.26% |
FRBFX - Expenses
Operational Fees
| FRBFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.94% | 0.08% | 4.35% | 20.75% |
| Management Fee | 0.75% | 0.00% | 1.25% | 44.55% |
| 12b-1 Fee | 1.00% | 0.00% | 1.00% | 76.36% |
| Administrative Fee | N/A | 0.10% | 0.25% | N/A |
Sales Fees
| FRBFX 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% | 6.67% |
Trading Fees
| FRBFX 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.
| FRBFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 4.00% | 4.00% | 360.00% | 0.98% |
FRBFX - Distributions
Dividend Yield Analysis
| FRBFX | Category Low | Category High | FRBFX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 1.37% | 0.00% | 12.42% | 39.09% |
Dividend Distribution Analysis
| FRBFX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Quarterly | Annually | Quarterly | Annually |
Net Income Ratio Analysis
| FRBFX | Category Low | Category High | FRBFX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 0.89% | -1.75% | 9.95% | 68.52% |
Capital Gain Distribution Analysis
| FRBFX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Mar 26, 2019 | $0.051 | |
| Sep 25, 2018 | $0.014 | |
| Sep 26, 2017 | $0.004 | |
| Sep 27, 2016 | $0.010 | |
| Jun 28, 2016 | $0.009 | |
| Mar 29, 2016 | $0.007 | |
| Dec 16, 2011 | $0.002 | |
| Sep 27, 2011 | $0.011 | |
| Dec 15, 2009 | $0.003 | |
| Jun 22, 2009 | $0.017 | |
| Mar 20, 2009 | $0.053 | |
| Dec 16, 2008 | $0.060 | |
| Sep 19, 2008 | $0.065 | |
| Jun 20, 2008 | $0.057 | |
| Mar 20, 2008 | $0.107 | |
| Dec 14, 2007 | $0.133 | |
| Sep 19, 2007 | $0.116 | |
| Jun 20, 2007 | $0.096 | |
| Mar 21, 2007 | $0.093 | |
| Dec 20, 2006 | $0.108 | |
| Sep 20, 2006 | $0.092 | |
| Jun 21, 2006 | $0.105 | |
| Mar 22, 2006 | $0.092 | |
| Dec 23, 2005 | $0.125 | |
| Sep 23, 2005 | $0.096 | |
| Jun 24, 2005 | $0.101 | |
| Mar 28, 2005 | $0.109 | |
| Dec 27, 2004 | $0.084 | |
| Sep 24, 2004 | $0.060 | |
| Jun 25, 2004 | $0.080 | |
| Mar 26, 2004 | $0.071 | |
| Dec 19, 2003 | $0.076 | |
| Sep 26, 2003 | $0.072 | |
| Jun 27, 2003 | $0.051 | |
| Mar 28, 2003 | $0.071 | |
| Dec 13, 2002 | $0.074 | |
| Sep 27, 2002 | $0.043 | |
| Jun 28, 2002 | $0.032 | |
| Mar 27, 2002 | $0.048 | |
| Dec 14, 2001 | $0.059 | |
| Sep 28, 2001 | $0.050 | |
| Jun 29, 2001 | $0.066 | |
| Mar 30, 2001 | $0.072 | |
| Nov 10, 2000 | $0.116 | |
| Sep 29, 2000 | $0.131 | |
| Jun 30, 2000 | $0.141 | |
| Mar 31, 2000 | $0.149 | |
| Dec 15, 1999 | $0.110 | |
| Sep 29, 1999 | $0.093 | |
| Jun 29, 1999 | $0.091 | |
| Mar 30, 1999 | $0.107 | |
| Dec 14, 1998 | $0.088 | |
| Sep 29, 1998 | $0.089 | |
| Jun 29, 1998 | $0.066 | |
| Mar 30, 1998 | $0.069 | |
| Dec 22, 1997 | $0.059 | |
| Sep 29, 1997 | $0.074 | |
| Jun 23, 1997 | $0.098 |
FRBFX - Fund Manager Analysis
Managers
Susan Curry
Start Date
Tenure
Tenure Rank
May 01, 2006
14.43
14.4%
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.
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 |