John Hancock Hedged Equity & Income Fund (HEQ)

• Market cap: $128M
• 1 day: 0.57%
• 5 days: -0.38%
• 1 month: 0.47%
• 3 months: -4.77%
• 6 months: -2.31%
• Year to date: 2.92%
• 1 year: 3.93%
• 5 years: -20.27%
• 10 years: -37.25%

About: John Hancock Hedged Equity & Income Fund is a closed-end management investment company. Its investment objective is to provide total return with a focus on current income and gains and also consisting of long-term capital appreciation. It invests in various sectors such as financials, consumer discretionary, information technology, energy, healthcare, materials, real estate, consumer staples, short-term investments, and others.

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

150% more first-time investments, than exits

New positions opened: 5 | Existing positions closed: 2

6% more funds holding

Funds holding: 32 [Q3] → 34 (+2) [Q4]

0.41% more ownership

Funds ownership: 22.11% [Q3] → 22.52% (+0.41%) [Q4]

6% less capital invested

Capital invested by funds: $29.5M [Q3] → $27.8M (-$1.65M) [Q4]

13% less repeat investments, than reductions

Existing positions increased: 13 | Existing positions reduced: 15