BTO News and Press, John Hancock Financial Opportunities Fund From 05/06/19

Photo Source: REUTERS/Staff. The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, April 24, 2019. For the month, 89% of all CEFs posted NAV-based returns in the black, with 79% of equity CEFs and 95% of fixed income CEFs chalking up returns in the...

The new head of the Consumer Financial Protection Bureau  plans to continue her predecessor's review of its public complaints database, Reuters reports. More news on: Financial Select Sector SPDR ETF, Direxion Daily Financial Bull 3x Shares ETF, Direxion Daily Financial Bear 3x Share...

Four of the six largest American banks delivered a mixed bag of first-quarter financial results this past week - but that's probably the sector's best this year, especially if the Fed does not increase interest rates, according to Citigroup . More news on: Rex Shares MicroSectors U.S. Big...

This blog post addressing Financial sector earnings came out Thursday night, which didn't help readers, so I wanted to do one more dissection of expected S&P 500 2019 earnings and make the case for Financials from a different perspective. The above I/B/E/S by Refinitiv table from This ...

This article was first released to CEF/ETF Income Laboratory subscribers two weeks ago, so data may be out of date. Please check latest data before making investment decisions. The Weekly Closed-End Fund Roundup will be put out at the start of each week to summarize recent price movement...

Corporate high yield, as symbolized by the iShares iBoxx $ High Yield Corporate Bond ETF (HYG), outperformed the S&P 500 this week, returning +0.61% vs. the SPY's +0.51%. I would think that would bode well for forward returns for the S&P 500, as the key benchmark is now just 35 point...

Financial stocks power up as the first crop of Q1 bank earnings come in stronger-than-expected, for the most part. More news on: Financial Select Sector SPDR ETF, SPDR S&P Regional Banking ETF, JPMorgan Chase & Co., Financial stocks news, Stocks on the move, News on ETFs, Read ...

Tighter financial conditions in Q4 2018 were "too short-lived to meaningfully slow the buildup of vulnerabilities," the International Monetary Fund concludes in its April 2019 global financial stability report. More news on: Financial Select Sector SPDR ETF, Direxion Daily Financial Bull...

The CEOs of the biggest U.S. banks plan to tell Congress this week that regulatory reforms since the 2008 financial crisis have made the U.S. financial system less risky and more resilient. More news on: JPMorgan Chase & Co., Citigroup Inc., The Goldman Sachs Group, Inc., Financial s...

JPMorgan Chase ( JPM -0.9% ) and Wells Fargo ( WFC -1.5% ) will start off Q1 earnings season on Friday, giving an early view of how the year is shaping up. More news on: JPMorgan Chase & Co., Wells Fargo & Company, The Goldman Sachs Group, Inc., Financial stocks news,...