Financial Industries Trust
Fund
JEFSX
Price as of:
$11.54
+ $0.13
+ 1.14%
Primary Theme
fund company
Name
As of 04/19/2024Price
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
4.8%
1 yr return
11.7%
3 Yr Avg Return
-0.9%
5 Yr Avg Return
5.7%
Net Assets
$118 M
Holdings in Top 10
29.8%
52 WEEK LOW AND HIGH
$11.4
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.95%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 74.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/19/2024Price
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
JEFSX - Profile
Distributions
- YTD Total Return 4.8%
- 3 Yr Annualized Total Return -0.9%
- 5 Yr Annualized Total Return 5.7%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.96%
- Dividend Yield 3.3%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameFinancial Industries Trust
-
Fund Family NameJohn Hancock Group of Funds
-
Inception DateApr 30, 2001
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerSusan Curry
Fund Description
Under normal market conditions, the fund invests at least 80% of its net assets (plus any borrowing for investment purposes) in companies that are principally engaged in financial services. (The fund will provide written notice to shareholders at least 60 days prior to a change in its 80% investment policy.) These companies include U.S. and foreign financial services companies of any size including banks, thrifts, finance companies, brokerage and advisory firms, real estate-related firms, insurance companies, financial technology companies and financial holding companies. The fund may gain exposure to securities described in these strategies through investing in investment companies and pooled investment vehicles.In managing the fund, the subadvisor focuses primarily on stock selection rather than industry allocation. In choosing individual stocks, the subadvisor uses fundamental financial analysis to identify securities that appear comparatively undervalued.The fund concentrates its investments (invests more than 25% of its total assets) in companies that are principally engaged in financial services, and therefore may experience greater volatility than funds investing in a broader range of industries.Given the industry-wide trend toward consolidation, the subadvisor also invests in companies that appear to be positioned for a merger. The subadvisor generally gathers firsthand information about companies from interviews and company visits.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 (S&P) or Caa by Moody’s Investors Service, Inc. (Moody’s) 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.In abnormal circumstances, the fund may temporarily invest up to 80% of its assets in investment-grade short-term securities. In these and other cases, the fund might not achieve its investment objective.The fund may, to a limited extent, engage in derivative transactions that include futures contracts, options and foreign currency forward contracts, in each case for the purpose of reducing risk, obtaining efficient market exposure and/or enhancing investment returns.The fund may invest in companies located in emerging market countries.
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JEFSX - Performance
Return Ranking - Trailing
| Period | JEFSX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 4.8% | -12.2% | 16.1% | 60.44% |
| 1 Yr | 11.7% | 8.1% | 32.6% | 98.90% |
| 3 Yr | -0.9%* | -21.1% | 15.2% | 68.13% |
| 5 Yr | 5.7%* | -5.9% | 17.5% | 65.93% |
| 10 Yr | 6.6%* | -0.8% | 13.5% | 54.05% |
* Annualized
Return Ranking - Calendar
| Period | JEFSX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | -1.7% | -12.2% | 29.3% | 86.81% |
| 2022 | -31.6% | -56.2% | 9.4% | 90.11% |
| 2021 | 28.1% | 1.6% | 54.4% | 43.48% |
| 2020 | -9.2% | -41.2% | 61.3% | 69.57% |
| 2019 | 18.3% | 10.5% | 97.3% | 79.35% |
Total Return Ranking - Trailing
| Period | JEFSX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 4.8% | -12.2% | 16.1% | 60.44% |
| 1 Yr | 11.7% | 8.1% | 32.6% | 98.90% |
| 3 Yr | -0.9%* | -21.1% | 15.2% | 68.13% |
| 5 Yr | 5.7%* | -5.9% | 17.5% | 65.93% |
| 10 Yr | 6.6%* | -0.8% | 13.5% | 54.05% |
* Annualized
Total Return Ranking - Calendar
| Period | JEFSX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | -1.7% | -8.5% | 32.0% | 93.41% |
| 2022 | -13.7% | -56.2% | 11.4% | 51.65% |
| 2021 | 29.7% | 18.8% | 56.8% | 65.22% |
| 2020 | 2.2% | -41.2% | 61.3% | 27.17% |
| 2019 | 31.8% | 12.8% | 101.7% | 22.83% |
NAV & Total Return History
JEFSX - Holdings
Concentration Analysis
| JEFSX | Category Low | Category High | JEFSX % Rank | |
|---|---|---|---|---|
| Net Assets | 118 M | 1.21 M | 38.4 B | 62.37% |
| Number of Holdings | 63 | 26 | 412 | 55.43% |
| Net Assets in Top 10 | 35.1 M | 456 K | 18.4 B | 66.30% |
| Weighting of Top 10 | 29.82% | 18.0% | 84.7% | 80.43% |
Top 10 Holdings
- CITIGROUP INC COMMON STOCK USD.01 3.30%
- WESTERN ALLIANCE BANCORP COMMON STOCK USD.0001 3.30%
- VISA INC COMMON STOCK USD.0001 3.26%
- KKR and CO INC COMMON STOCK USD.01 3.09%
- MandT BANK CORP COMMON STOCK USD.5 3.04%
- EAST WEST BANCORP INC COMMON STOCK USD.001 2.96%
- WELLS FARGO and CO COMMON STOCK USD1.666 2.92%
- AMERIPRISE FINANCIAL INC COMMON STOCK USD.01 2.88%
- US BANCORP COMMON STOCK USD.01 2.54%
- JH COLLATERAL 2.53%
Asset Allocation
| Weighting | Return Low | Return High | JEFSX % Rank | |
|---|---|---|---|---|
| Stocks | 96.81% | 95.27% | 107.75% | 92.39% |
| Cash | 2.53% | -8.24% | 32.40% | 25.00% |
| Bonds | 1.02% | 0.00% | 2.83% | 10.87% |
| Preferred Stocks | 0.00% | 0.00% | 3.05% | 47.83% |
| Other | 0.00% | -1.65% | 2.20% | 56.52% |
| Convertible Bonds | 0.00% | 0.00% | 0.10% | 40.22% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | JEFSX % Rank | |
|---|---|---|---|---|
| Financial Services | 95.71% | 46.33% | 100.00% | 52.17% |
| Real Estate | 4.29% | 0.00% | 40.95% | 16.30% |
| Utilities | 0.00% | 0.00% | 5.37% | 40.22% |
| Technology | 0.00% | 0.00% | 43.13% | 63.04% |
| Industrials | 0.00% | 0.00% | 5.08% | 56.52% |
| Healthcare | 0.00% | 0.00% | 5.97% | 43.48% |
| Energy | 0.00% | 0.00% | 6.18% | 40.22% |
| Communication Services | 0.00% | 0.00% | 4.06% | 44.57% |
| Consumer Defense | 0.00% | 0.00% | 4.66% | 41.30% |
| Consumer Cyclical | 0.00% | 0.00% | 42.54% | 52.17% |
| Basic Materials | 0.00% | 0.00% | 4.54% | 40.22% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | JEFSX % Rank | |
|---|---|---|---|---|
| US | 85.40% | 0.00% | 106.12% | 82.61% |
| Non US | 11.41% | 0.00% | 99.31% | 18.48% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | JEFSX % Rank | |
|---|---|---|---|---|
| Cash & Equivalents | 2.53% | 0.00% | 100.00% | 25.00% |
| Derivative | 0.00% | -1.65% | 0.06% | 45.65% |
| Securitized | 0.00% | 0.00% | 65.65% | 39.77% |
| Corporate | 0.00% | 0.00% | 23.76% | 42.05% |
| Municipal | 0.00% | 0.00% | 0.00% | 38.64% |
| Government | 0.00% | 0.00% | 69.61% | 40.91% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | JEFSX % Rank | |
|---|---|---|---|---|
| US | 1.02% | -0.08% | 2.83% | 10.87% |
| Non US | 0.00% | 0.00% | 0.35% | 40.22% |
JEFSX - Expenses
Operational Fees
| JEFSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.95% | 0.08% | 11.17% | 60.87% |
| Management Fee | 0.78% | 0.03% | 1.25% | 55.91% |
| 12b-1 Fee | 0.05% | 0.00% | 1.00% | 26.09% |
| Administrative Fee | 0.25% | 0.10% | 0.34% | 57.14% |
Sales Fees
| JEFSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 3.50% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 1.00% | N/A |
Trading Fees
| JEFSX 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.
| JEFSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 74.00% | 3.00% | 406.00% | 86.42% |
JEFSX - Distributions
Dividend Yield Analysis
| JEFSX | Category Low | Category High | JEFSX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 3.27% | 0.00% | 13.16% | 70.97% |
Dividend Distribution Analysis
| JEFSX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annual | Annual | Annual |
Net Income Ratio Analysis
| JEFSX | Category Low | Category High | JEFSX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 0.96% | -0.76% | 10.57% | 64.13% |
Capital Gain Distribution Analysis
| JEFSX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Semi-Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Oct 25, 2023 | $0.189 | OrdinaryDividend |
| Nov 22, 2019 | $0.124 | OrdinaryDividend |
| Aug 23, 2019 | $1.300 | OrdinaryDividend |
| Nov 22, 2017 | $0.128 | OrdinaryDividend |
| Aug 25, 2017 | $0.044 | ExtraDividend |
| Nov 23, 2016 | $0.107 | OrdinaryDividend |
| Aug 26, 2016 | $0.059 | ExtraDividend |
| Nov 27, 2013 | $0.051 | OrdinaryDividend |
| Aug 27, 2012 | $0.093 | OrdinaryDividend |
| Dec 23, 2011 | $0.132 | OrdinaryDividend |
| Aug 29, 2011 | $0.060 | ExtraDividend |
| Dec 27, 2010 | $0.035 | OrdinaryDividend |
| Dec 19, 2009 | $0.056 | OrdinaryDividend |
| Apr 30, 2009 | $0.007 | OrdinaryDividend |
| Dec 19, 2008 | $0.091 | OrdinaryDividend |
| Apr 11, 2008 | $0.007 | OrdinaryDividend |
| Dec 21, 2007 | $0.138 | OrdinaryDividend |
| Apr 11, 2007 | $0.096 | OrdinaryDividend |
JEFSX - Fund Manager Analysis
Managers
Susan Curry
Start Date
Tenure
Tenure Rank
Dec 31, 2014
7.42
7.4%
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
6.92
6.9%
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 |
|---|---|---|---|
| 0.08 | 25.42 | 9.67 | 4.58 |