BTO News and Press, John Hancock Financial Opportunities Fund From 09/08/22

John Hancock Financial Opportunities Fund ( NYSE: BTO ) had declared $0.65/share quarterly dividend , in line with previous. Payable Sept. 30; for shareholders of record Sept. 12; ex-div Sept. 9. See BTO Dividend Scorecard, Yield Chart, & Dividend Growth. For...

Summary 20 out of 23 CEF sectors positive on price and 16 out of 23 sectors positive on NAV last week. OPP rights offering announced. Aberdeen (now "abrdn") and Delaware CEFs are merging, subject to shareholder approval. Author's note: This article was released to CEF/...

21 out of 23 CEF sectors positive on price and 22 out of 23 sectors positive on NAV last week. Saba scores a victory against VFL. VFL will tender 50% of its shares in December. Author’s note: This article was released to CEF/ETF Income Laboratory members on July...

John Hancock Financial Opportunities Fund press release ( NYSE: BTO ): Q2 NII of $0.145 NAV of $31.75 For further details see: John Hancock Financial Opportunities Fund reports Q2 results

21 out of 23 CEF sectors positive on price and 16 out of 23 sectors positive on NAV last week. Covered call leads while commodities lag. MLPs are the most widely discounted CEF sector. Author's note: This article was released to CEF/ETF Income Laboratory members on...

Silvergate Capital ( NYSE: SI ) +40.5% outpaced financial winners by a wide margin in the week ended July 22 after its Q2 earnings breezed past Wall Street expectations. Perhaps the relief rally in bitcoin ( BTC-USD ) +6.5% also helped push up shares of the crypt...

BTO is a closed-end fund focused on financial services companies' equities. The vehicle represents a leveraged play on financials via the CEF structure. The CEF takes more risk than exchange-traded fund XLF with a higher standard deviation but has managed to outperform the ETF on ...

Passive income is easy to set up in a bear market. Successful investors have repeatedly taken advantage of market bogeymen to add to their riches. Dividends have proven to grow through thick and thin in the economy. Two picks with yields of up to 12% to get paid for being pati...

Fintechs comprised three of the five biggest decliners in financial stocks in the past week, while two insurance companies and two closed-end funds were among the biggest financial gainers. Among financial stocks with market cap of $2B or above Upstart Holdings ( NASDAQ: UPST ...

The market has remained volatile as we have been experiencing through 2022. In fact, the major indexes have been reaching new lows as we went through April. I don't know when the bottom will be in, but I have been taking this opportunity to continue to add to cheaper positions. ...