John Hancock Financial Industries Fund Class C (FIDCX)
| Fund Assets | 300.85M |
| Expense Ratio | 1.97% |
| Min. Investment | $1,000 |
| Turnover | 61.00% |
| Dividend (ttm) | 1.72 |
| Dividend Yield | 10.82% |
| Dividend Growth | 781.81% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 20, 2024 |
| Previous Close | 16.01 |
| YTD Return | 5.11% |
| 1-Year Return | 22.07% |
| 5-Year Return | 90.99% |
| 52-Week Low | 13.09 |
| 52-Week High | 17.98 |
| Beta (5Y) | n/a |
| Holdings | 51 |
| Inception Date | Mar 1, 1999 |
About FIDCX
John Hancock Financial Industries Fund Class C is a mutual fund focused on delivering capital appreciation by investing primarily in the financial services sector. The fund typically allocates at least 80% of its net assets to equity securities of both U.S. and foreign companies that operate within financial industries, including banks, insurance firms, capital markets, and related institutions. Employing a fundamental analysis approach, the fund seeks to identify securities that appear undervalued relative to their intrinsic worth, emphasizing mid-value equity holdings that may be positioned for long-term growth. Notable features of the fund include a diversified portfolio with a concentration in leading financial corporations such as M&T Bank, Bank of America, Wells Fargo, and JPMorgan Chase. The fund may also hold a limited allocation to fixed income and derivative instruments to enhance returns or manage risk. With an expense ratio of approximately 1.97% and a moderate turnover rate, the fund provides investors exposure to the economic, regulatory, and market dynamics that influence the financial services sector, a critical engine of broader economic activity.
Performance
FIDCX had a total return of 22.07% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.07%.
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 | $1.71557 | Dec 23, 2024 |
| Dec 19, 2023 | $0.19455 | Dec 20, 2023 |
| Dec 19, 2022 | $1.54386 | Dec 20, 2022 |
| Dec 17, 2021 | $4.28186 | Dec 20, 2021 |
| Dec 18, 2020 | $0.87806 | Dec 21, 2020 |
| Dec 13, 2019 | $1.32317 | Dec 16, 2019 |