John Hancock Financial Industries Fund Class A (FIDAX)
| Fund Assets | 300.85M |
| Expense Ratio | 1.27% |
| Min. Investment | $1,000 |
| Turnover | 61.00% |
| Dividend (ttm) | 1.85 |
| Dividend Yield | 10.49% |
| Dividend Growth | 530.23% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 20, 2024 |
| Previous Close | 19.25 |
| YTD Return | 5.54% |
| 1-Year Return | 23.20% |
| 5-Year Return | 98.46% |
| 52-Week Low | 15.71 |
| 52-Week High | 21.31 |
| Beta (5Y) | 0.90 |
| Holdings | 51 |
| Inception Date | Mar 14, 1996 |
About FIDAX
John Hancock Financial Industries Fund Class A is a mutual fund focused on capital appreciation through investments in the financial sector. The fund typically allocates at least 80% of its net assets to equity securities of U.S. and international financial services companies spanning all market capitalizations. Its portfolio encompasses banks, thrifts, financial technology firms, brokerage and advisory companies, real estate-related businesses, insurance providers, and financial holding companies. This broad sector exposure enables the fund to capture growth and value opportunities across the evolving landscape of global finance. The fund may invest a modest portion of assets in both investment-grade and non-investment-grade bonds, adding diversification to its predominantly equity-oriented approach. Employing fundamental analysis to select companies that appear undervalued relative to their financial metrics, the fund’s strategy seeks to capitalize on market inefficiencies within the financial industry. With a history dating back to 1996, the fund plays a specialized role in the market by targeting the financial sector, appealing to investors seeking dedicated exposure to the drivers and trends within banking, insurance, fintech, and related financial services industries.
Performance
FIDAX had a total return of 23.20% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.47%.
Top 10 Holdings
35.75% of assets| Name | Symbol | Weight |
|---|---|---|
| Wells Fargo and Company - WELLS FARGO and CO COMMON STOCK USD1.666 | WFC.US | 4.40% |
| Visa Inc. - VISA INC COMMON STOCK USD.0001 | V.US | 4.11% |
| The Allstate Corporation - ALLSTATE CORP/THE COMMON STOCK USD.01 | ALL.US | 3.88% |
| MandT Bank Corporation - MandT BANK CORP COMMON STOCK USD.5 | MTB.US | 3.68% |
| JPMorgan Chase and Co. - JPMORGAN CHASE and CO COMMON STOCK USD1.0 | JPM.US | 3.46% |
| Bank of America Corporation - BANK OF AMERICA CORP COMMON STOCK USD.01 | BAC.US | 3.39% |
| Mastercard Incorporated - MASTERCARD INC COMMON STOCK USD.0001 | MA.US | 3.35% |
| Citigroup Inc. - CITIGROUP INC COMMON STOCK USD.01 | C.US | 3.32% |
| The Progressive Corporation - PROGRESSIVE CORP/THE COMMON STOCK USD1.0 | PGR.US | 3.09% |
| UNUM GROUP COMMON STOCK USD.1 | UNM.US | 3.06% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 20, 2024 | $1.84902 | Dec 23, 2024 |
| Dec 19, 2023 | $0.29339 | Dec 20, 2023 |
| Dec 19, 2022 | $1.66958 | Dec 20, 2022 |
| Dec 17, 2021 | $4.45919 | Dec 20, 2021 |
| Dec 18, 2020 | $1.00175 | Dec 21, 2020 |
| Dec 13, 2019 | $1.451 | Dec 16, 2019 |