BTO News and Press, John Hancock Financial Opportunities Fund From 02/16/21

John Hancock Financial Opportunities Fund, John Hancock Hedged Equity & Income Fund, John Hancock Preferred Income Fund, John Hancock Preferred Income Fund II, John Hancock Preferred Income Fund III, John Hancock Premium Dividend Fund, John Hancock Tax-advantaged Dividend Income Fund ...

Risk assets continued their historic run last week with EM equities and commodities leading the way. Bonds sold off as the 10-year Treasury note yield broke above 1.20% for the first time since the lows last spring. The 10-year TIPS yield closed the week at 1.02%, near the all-tim...

Many investors are suspicious of closed-end funds' apparently magical ability to buy assets whose "natural" yield is, for example, 6%, and pay distributions of, say, 9%. Is there some sort of alchemy at work here? Often when things seem "too good to be true," they are too good to be t...

John Hancock Closed-End Funds Announce Update Regarding Annual Shareholder Meeting PR Newswire BOSTON , Jan. 29, 2021 /PRNewswire/ - The ten John Hancock closed-end funds listed below announced today that, because of the public health concerns regarding the n...

What's impressive is that even as of last Friday, January 22, 2021, the forward quarters keep getting revised higher. However since January 1, and probably thanks to the 4th quarter rally in many of these names, a lot of Financial stocks are down hard. Most of these financials are...

Rising inflation expectations are becoming a key discussion point in 2021. Rates were already on an upward trajectory in Q4, but recent developments fast-tracked those concerns in the new year. For investors, the key question is whether rising inflation expectations actually materiali...

It took a while for a great value to show up in EVT, 2020's shaky market provided just that. Looking forward, EVT isn't trading at a discount as deep as it was several months ago, but the overweight to financials is providing an opportunity. As the pandemic ravaged the economy, th...

In a typical quarter, year-over-year (YoY) growth expectations decline by an average of 3.6 percentage points (ppts) from the start of the quarter to the start of earnings season. However, 20Q4 YoY earnings have increased by 1.5 ppts over this period to -10.3% by Jan. 1, 2021. Con...

John Hancock Closed-end Funds Announce Renewal of Share Repurchase Plans PR Newswire BOSTON, MA , Jan. 20, 2021 /PRNewswire/ - John Hancock Financial Opportunities Fund (NYSE: BTO), John Hancock Hedged Equity & Income Fund (NYSE: HEQ), John Hancock Incom...

Heading into 2020 I wouldn't have anticipated such a strong outcome for the broader indexes - though this was largely led by tech. Energy, once again for a third straight year in a row, was the worst performing sector. I remain quite optimistic for 2021 albeit we are heading into ...