BTO
John Hancock Financial Opportunities FundBTO
BTO
About: John Hancock Financial Opportunities Fund is the United States based closed-end, diversified management investment company. Its investment objective is to provide a high level of total return consisting of long-term capital appreciation and current income. The portfolio composition of the fund includes common stocks, corporate bonds, preferred securities, investment companies, and short-term investments.
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
167% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 3
24% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 21
7% more funds holding
Funds holding: 69 [Q2] → 74 (+5) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]
5.26% less ownership
Funds ownership: 27.71% [Q2] → 22.46% (-5.26%) [Q3]
6% less capital invested
Capital invested by funds: $146M [Q2] → $138M (-$8.1M) [Q3]
Research analyst outlook
We haven’t received any recent analyst ratings for BTO.
Financial journalist opinion
Based on 3 articles about BTO published over the past 30 days
Neutral
PRNewsWire
1 week ago
JOHN HANCOCK CLOSED-END FUNDS ANNOUNCE RENEWAL OF SHARE REPURCHASE PLANS
BOSTON , Dec. 12, 2024 /PRNewswire/ - John Hancock Financial Opportunities Fund (NYSE: BTO), John Hancock Hedged Equity & Income Fund (NYSE: HEQ), John Hancock Income Securities Trust (NYSE: JHS), John Hancock Investors Trust (NYSE: JHI), John Hancock Premium Dividend Fund (NYSE: PDT), and John Hancock Tax-Advantaged Dividend Income Fund (NYSE: HTD) (each a "Fund" and collectively, the "Funds") announced today that the Board of Trustees has renewed the Funds' share repurchase plans. The Board of Trustees approved the renewal of the share repurchase plans as part of its ongoing evaluation of options to enhance shareholder value and potentially decrease the discount between the market price and the net asset value per share ("NAV") of the Funds' common shares.
Positive
Seeking Alpha
1 week ago
CEFs Are Crushing It: How To Ride The 2024 Wave
Closed-End funds have been a source of significant upside and income in 2024. We have seen numerous distribution increases along with prices climbing. We look into the dynamics that have driven this strength.
Neutral
PRNewsWire
2 weeks ago
JOHN HANCOCK CLOSED-END FUNDS DECLARE QUARTERLY DISTRIBUTIONS
BOSTON , Dec. 2, 2024 /PRNewswire/ - The John Hancock closed-end funds listed below declared their quarterly distributions today as follows: Declaration Date: December 2, 2024 Ex Date: December 12, 2024 Record Date: December 12, 2024 Payment Date: December 31, 2024 Ticker Fund Name Distribution Per Share Change FromPrevious Distribution Market Price as of 11/29/2024 Annualized Current Distribution Rate at Market HEQ Hedged Equity & Income $0.2500 - $11.11 9.00 % JHS Income Securities Trust $0.2017 0.0885 $11.49 7.02 % JHI Investors Trust $0.3455 0.0321 $14.22 9.72 % BTO Financial Opportunities Fund $0.6500 - $39.40 6.60 % John Hancock Hedged Equity & Income Fund Hedged Equity & Income Fund (the "Fund") declared its quarterly distribution pursuant to the Fund's managed distribution plan (the "HEQ Plan"). Under the HEQ Plan, the Fund makes quarterly distributions in a fixed amount of $0.2500 per share, which will be paid quarterly until further notice.
Negative
Seeking Alpha
1 month ago
Need Income? Collect Paychecks From U.S. Banks: BTO
Banks are outstandingly stronger than many assume. If you avoid them, you're missing out on massive income. Many worry about banking health, but those fears are often misplaced due to worries about the economy. Collect wonderful passive income. Consider BTO for bank exposure.
Neutral
PRNewsWire
2 months ago
JOHN HANCOCK CLOSED-END FUNDS RELEASE EARNINGS DATA
BOSTON , Oct. 17, 2024 /PRNewswire/ - The John Hancock Closed-End Funds listed in the table below announced earnings1 for the three months ended September 30, 2024. The same data for the comparable three-month period ended September 30, 2023 is also available below.
Neutral
PRNewsWire
2 months ago
JOHN HANCOCK FINANCIAL OPPORTUNITIES FUND - NOTICE TO SHAREHOLDERS - SOURCES OF DISTRIBUTION UNDER SECTION 19(a)
BOSTON , Sept. 30, 2024 /PRNewswire/ - John Hancock Financial Opportunities Fund (NYSE: BTO) (the "Fund"), a closed-end fund managed by John Hancock Investment Management LLC and subadvised by Manulife Investment Management (US) LLC, announced today sources of its quarterly distribution of $0.6500 per share paid to all shareholders of record as of September 13, 2024, pursuant to the Fund's managed distribution plan.
Neutral
PRNewsWire
2 months ago
JOHN HANCOCK CLOSED-END FUNDS ANNOUNCE ANNUAL SHAREHOLDER MEETING AND RECORD DATES
BOSTON, MA , Sept. 26, 2024 /PRNewswire/ - The nine John Hancock closed-end funds listed below announced today that each fund's Annual Meeting of Shareholders ("Annual Meeting") will be held on February 18, 2025, at 2:00 p.m.
Positive
Seeking Alpha
2 months ago
BTO: Ideal Circumstance For Growth
BTO offers a compelling income investment with a 7.9% dividend yield, benefiting from potential interest rate cuts and a diversified financial sector portfolio. The fund's valuation is attractive, trading at a slight discount to NAV, but it carries sector-specific risks and relies heavily on realized gains. BTO's distribution history is strong, but recent earnings have not covered payouts, leading to potential NAV erosion from return of capital.
Positive
Seeking Alpha
3 months ago
Big Banks Set To Soar, I Am Loading Up On Up To 8% Yields
Interest rate cuts signal weakening economic fundamentals, aimed at stimulating the economy and improving affordability. Rate cuts benefit banks by reducing defaults, enabling them to release reserves and boost earnings. We capitalize on this environment by collecting substantial dividends.
Neutral
PRNewsWire
3 months ago
JOHN HANCOCK CLOSED-END FUNDS DECLARE QUARTERLY DISTRIBUTIONS
BOSTON , Sept. 3, 2024 /PRNewswire/ - The John Hancock closed-end funds listed below declared their quarterly distributions today as follows: Declaration Date: September 3, 2024 Ex Date: September 13, 2024 Record Date: September 13, 2024 Payment Date: September 30, 2024 Ticker Fund Name Distribution PerShare Change FromPrevious Distribution Market Price as of 08/30/2024 Annualized Current Distribution Rate at Market HEQ Hedged Equity & Income $0.2500 - $10.95 9.13 % JHS Income Securities Trust $0.1132 -0.0027 $11.75 3.85 % JHI Investors Trust $0.3134 0.0910 $13.71 9.14 % BTO Financial Opportunities Fund $0.6500 - $33.45 7.77 % John Hancock Hedged Equity & Income Fund Hedged Equity & Income Fund (the "Fund") declared its quarterly distribution pursuant to the Fund's managed distribution plan (the "HEQ Plan").
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