John Hancock Financial Industries Fund (JFDRX)
| Fund Assets | 299.94M |
| Expense Ratio | 0.86% |
| Min. Investment | $1,000,000 |
| Turnover | 61.00% |
| Dividend (ttm) | 1.91 |
| Dividend Yield | 10.49% |
| Dividend Growth | 445.06% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 20, 2024 |
| Previous Close | 18.18 |
| YTD Return | 5.11% |
| 1-Year Return | 9.04% |
| 5-Year Return | 86.16% |
| 52-Week Low | 15.69 |
| 52-Week High | 21.31 |
| Beta (5Y) | n/a |
| Holdings | 52 |
| Inception Date | Aug 30, 2017 |
About JFDRX
The John Hancock Financial Industries Fund R6 is an actively managed mutual fund focused on companies operating within the financial sector. Its primary objective is to provide long-term capital appreciation by investing primarily in U.S. and global financial industry firms, including banks, capital markets, diversified financial services, and insurance companies. The fund leverages sector expertise to identify opportunities among large and mid-capitalization financial institutions, balancing holdings across banks such as M&T Bank and Citigroup, as well as alternative asset managers like KKR & Company. It aims to capitalize on sector trends, including shifts in interest rate environments and innovation in financial products and services. The fund is notable for its exposure to rate-sensitive and value-oriented segments of the market, making it particularly responsive to macroeconomic developments. With an emphasis on diversification within financials, the fund serves institutional investors seeking targeted exposure to the sector, supported by a competitive expense ratio and a performance record tied closely to the fortunes of the financial industry.
Performance
JFDRX had a total return of 9.04% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.05%.
Top 10 Holdings
36.89% of assets| Name | Symbol | Weight |
|---|---|---|
| Wells Fargo and Company - WELLS FARGO and CO COMMON STOCK USD1.666 | WFC.US | 4.62% |
| JPMorgan Chase and Co. - JPMORGAN CHASE and CO COMMON STOCK USD1.0 | JPM.US | 4.54% |
| Citigroup Inc. - CITIGROUP INC COMMON STOCK USD.01 | C.US | 4.30% |
| Nasdaq Inc. - NASDAQ INC COMMON STOCK USD.01 | NDAQ.US | 3.96% |
| Bank of America Corporation - BANK OF AMERICA CORP COMMON STOCK USD.01 | BAC.US | 3.65% |
| MandT Bank Corporation - MandT BANK CORP COMMON STOCK USD.5 | MTB.US | 3.62% |
| The Goldman Sachs Group Inc. - GOLDMAN SACHS GROUP INC/THE COMMON STOCK USD.01 | GS.US | 3.32% |
| MORGAN STANLEY COMMON STOCK USD.01 | MS.US | 3.06% |
| The Carlyle Group Inc. - CARLYLE GROUP INC/THE COMMON STOCK USD1.0 | CG.US | 2.93% |
| KKR and Co. Inc. - KKR and CO INC COMMON STOCK USD.01 | KKR.US | 2.89% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 20, 2024 | $1.90695 | Dec 23, 2024 |
| Dec 19, 2023 | $0.34986 | Dec 20, 2023 |
| Dec 19, 2022 | $1.73594 | Dec 20, 2022 |
| Dec 17, 2021 | $4.52706 | Dec 20, 2021 |
| Dec 18, 2020 | $1.05637 | Dec 21, 2020 |
| Dec 13, 2019 | $1.52404 | Dec 16, 2019 |