John Hancock Financial Opportunities Fund (BTO)
| Market Value | 684.46M |
| Revenue (ttm) | 25.37M |
| Net Income (ttm) | 140.94M |
| Shares Out | 19.74M |
| EPS (ttm) | 7.13 |
| PE Ratio | 4.76 |
| Forward PE | n/a |
| Dividend | $2.60 (7.50%) |
| Ex-Dividend Date | Mar 13, 2025 |
| Volume | 38,685 |
| Open | 33.95 |
| Previous Close | 33.92 |
| Day's Range | 33.95 - 34.79 |
| 52-Week Range | 26.11 - 39.87 |
| Beta | 1.45 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | n/a |
About BTO
John Hancock Financial Opportunities Fund is a closed-ended equity mutual fund launched and managed by John Hancock Investment Management LLC. It is co-managed by John Hancock Asset Management. The fund invests in the public equity markets across the globe. It seeks to invest in the stocks of companies operating across the financial services sector. The fund invests in companies across all market capitalizations. It benchmarks the performance of its portfolio against the S&P Composite 1500 Banks Index. The fund was formerly known as John Hancoc... [Read more]
News
BTO: Strong NAV Growth Creates Strong Dividend Health (Rating Upgrade)
John Hancock Financial Opportunities Fund has outperformed the S&P 500, offering a 7.8% dividend yield and strong dividend growth, making it attractive for income-seeking investors. BTO's portfolio is...
When It Comes To Investing, Nobody's Perfect, But Two Out Of Three Ain't Bad
Predicting market outcomes is challenging; my recommendations are based on historical data and probabilities rather than certainties. I reviewed my 2025 picks: 67% of Buy ratings and 78% of Hold ratin...
Supercharge Your Early Retirement With Yields +8%
You can live your dream retirement and have the market pay for it, all without selling shares. The financial sector has for generations provided strong recurring income to shareholders. We can unlock ...
JOHN HANCOCK CLOSED-END FUNDS DECLARE QUARTERLY DISTRIBUTIONS
BOSTON, Mass. , March 3, 2025 /PRNewswire/ - The John Hancock closed-end funds listed below declared their quarterly distributions today as follows: Declaration Date: March 3, 2025 Ex Date: ...
Yes, You Can Retire On Dividends -- 2 Big Yields Up To 8.5%
Create a portfolio that rains money into your account every month, so you don't need to worry any longer. Get buckets of income, not thimbles of income. Investors get caught trying to "beat everyone e...
BTO: This Is Why You Should Let Banks Pay You
The John Hancock Financial Opportunities Fund has consistently delivered growing distributions since 1994, with annual dividends rising from $1.18 in 2014 to $2.60 in 2024. BTO invests at least 80% of...
JOHN HANCOCK FINANCIAL OPPORTUNITIES FUND NOTICE TO SHAREHOLDERS - SOURCES OF DISTRIBUTION UNDER SECTION 19(a)
BOSTON , Dec. 31, 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...
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), Joh...
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 s...
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 th...
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 Manulif...
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 Februa...
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, tra...
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...
Forget CDs, I'm Earning At Least 8% From My Bank: BTO
Banks' large loan portfolios are primed to benefit from falling rates. Current loans provide higher rates, and declining rates will spur new lending activity. Banks are tested heavily by regulators to...
3 Bank Funds To Buy For Your Retirement Income
The financial sector is still out of favor due to rate shock, income is pouring into the willings' coffers. You can invest in banks, bank-like institutions, or both. Don't neglect this sector. Lower r...
BTO: Continual Failure To Cover The Distribution Means That Caution Is In Order
John Hancock Financial Opportunities Fund invests primarily in the banking sector, which historically has shown a positive correlation between interest rates and net interest margins. The fund has a h...
Earn Income While You Sleep, 2 Dividends For A Retirement Dream
Managing your retirement portfolio and finances shouldn't become a stressful full-time job. Can you always stay on top of market news and events? We discuss two picks with up to 9% yields for financia...
This Is How To Profit From U.S. Banks With Up To +8% Yield
Too many investors walk about naked, blinded by their egos, without the necessary skill or temperament. The banking sector is highly attuned to extracting cash from the economy. We look for ways to ta...
Bitwise co-founder: Spot bitcoin ETF launch was like 'bitcoin's IPO'
Reporting live from the Bitcoin (BTC-USD) Investor Day event in New York City, Yahoo Finance's Brad Smith is joined by Bitwise Asset Management Co-Founder and CEO Hunter Horsley to talk about bitcoin ...
BTO: Diversified Financial Exposure But Waiting For A Sale
John Hancock Financial Opportunities Fund is a closed-end fund that provides primarily equity exposure to the financial sector. BTO currently trades at a bit of a premium, but historically, this valua...
Harness The Power Of Compounding With These Time-Tested CEFs
Building retirement wealth is like crafting intricate machinery - it starts with simple tools. The reliable engine of dividends helps turn retirement complexity into clarity. Nothing beats the dynamic...
BTO: 4 Reasons Why I Would Avoid This CEF
The John Hancock Financial Opportunities Fund aims for capital appreciation and income through investments in financial services stocks. The fund is characterized by a very high management fee and is ...
The Month In Closed-End Funds: December 2023
For the second consecutive month, both equity (+3.42% on a NAV basis) and fixed income (+3.14%) CEFs on average posted plus-side returns. At month end, 9% of all CEFs traded at a premium to their NAV,...
2 Must-Own Dividend Stocks For Your Retirement
I was introduced to the market at an early age by a popular Canadian board game. Retirement planning can feel like a dice-rolling adventure, but you can't leave your finances to chance. You can levera...