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JOHN HANCOCK CLOSED-END FUNDS RELEASE EARNINGS DATA

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John Hancock Closed-End Funds released earnings data for the three months ended June 30, 2024, alongside comparative data for the same period in 2023. The report focuses on two funds: Hedged Equity & Income Fund (HEQ) and Financial Opportunities Fund (BTO).

Key highlights for BTO:

  • Net Investment Income: $2,348,212 (2024) vs $2,621,640 (2023)
  • Per Common Share: $0.119 (2024) vs $0.134 (2023)
  • NAV: $28.49 (2024) vs $24.40 (2023)
  • Total Managed Assets: $691,776,817 (2024) vs $602,520,950 (2023)
  • Total Net Assets: $561,776,817 (2024) vs $477,520,950 (2023)

The data shows a year-over-year increase in NAV and total managed assets for BTO, despite a slight decrease in net investment income.

John Hancock Closed-End Funds ha pubblicato i dati sui guadagni per i tre mesi terminati il 30 giugno 2024, insieme ai dati comparativi per lo stesso periodo del 2023. Il rapporto si concentra su due fondi: Hedged Equity & Income Fund (HEQ) e Financial Opportunities Fund (BTO).

Principali punti salienti per BTO:

  • Reddito da Investimento Netto: $2,348,212 (2024) vs $2,621,640 (2023)
  • Per Azione Comune: $0.119 (2024) vs $0.134 (2023)
  • NAV: $28.49 (2024) vs $24.40 (2023)
  • Attività Gestite Totali: $691,776,817 (2024) vs $602,520,950 (2023)
  • Attività Netti Totali: $561,776,817 (2024) vs $477,520,950 (2023)

I dati mostrano un aumento anno su anno in NAV e nelle attività totali gestite per BTO, nonostante una leggera diminuzione del reddito da investimento netto.

John Hancock Closed-End Funds publicó los datos de ganancias para los tres meses que terminaron el 30 de junio de 2024, junto con datos comparativos para el mismo período de 2023. El informe se centra en dos fondos: Hedged Equity & Income Fund (HEQ) y Financial Opportunities Fund (BTO).

Puntos destacados clave para BTO:

  • Ingreso Neto de Inversión: $2,348,212 (2024) vs $2,621,640 (2023)
  • Por Acción Común: $0.119 (2024) vs $0.134 (2023)
  • NAV: $28.49 (2024) vs $24.40 (2023)
  • Activos Administrados Totales: $691,776,817 (2024) vs $602,520,950 (2023)
  • Activos Netos Totales: $561,776,817 (2024) vs $477,520,950 (2023)

Los datos muestran un aumento interanual en el NAV y los activos totales gestionados para BTO, a pesar de una ligera disminución en el ingreso neto de inversión.

존 핸콕 클로즈드 엔드 펀드가 2024년 6월 30일에 종료된 3개월 동안의 수익 데이터를 2023년 같은 기간에 대한 비교 데이터와 함께 발표했습니다. 보고서는 두 개의 펀드에 초점을 맞추고 있습니다: 헤지드 주식 및 소득 펀드 (HEQ)재무 기회 펀드 (BTO).

BTO의 주요 하이라이트:

  • 순 투자 소득: $2,348,212 (2024) vs $2,621,640 (2023)
  • 보통주당: $0.119 (2024) vs $0.134 (2023)
  • NAV: $28.49 (2024) vs $24.40 (2023)
  • 총 관리 자산: $691,776,817 (2024) vs $602,520,950 (2023)
  • 총 순 자산: $561,776,817 (2024) vs $477,520,950 (2023)

데이터는 BTO의 NAV와 총 관리 자산에서 전년 대비 증가를 보여주지만, 순 투자 소득은 약간 감소했습니다.

John Hancock Closed-End Funds a publié des données de résultats pour les trois mois se terminant le 30 juin 2024, accompagnées de données comparatives pour la même période en 2023. Le rapport se concentre sur deux fonds : Hedged Equity & Income Fund (HEQ) et Financial Opportunities Fund (BTO).

Points clés pour BTO :

  • Revenu d'Investissement Net : 2 348 212 $ (2024) contre 2 621 640 $ (2023)
  • Par Action Commune : 0,119 $ (2024) contre 0,134 $ (2023)
  • NAV : 28,49 $ (2024) contre 24,40 $ (2023)
  • Actifs Totaux Gérés : 691 776 817 $ (2024) contre 602 520 950 $ (2023)
  • Actifs Nets Totals : 561 776 817 $ (2024) contre 477 520 950 $ (2023)

Les données montrent une augmentation d'une année sur l'autre du NAV et des actifs totaux gérés pour BTO, malgré une légère diminution du revenu d'investissement net.

John Hancock Closed-End Funds hat die Ertragsdaten für die drei Monate zum 30. Juni 2024 veröffentlicht, zusammen mit Vergleichsdaten für denselben Zeitraum im Jahr 2023. Der Bericht konzentriert sich auf zwei Fonds: Hedged Equity & Income Fund (HEQ) und Financial Opportunities Fund (BTO).

Wichtige Highlights für BTO:

  • Nettokapitalertrag: $2,348,212 (2024) vs $2,621,640 (2023)
  • Pro Stammaktie: $0.119 (2024) vs $0.134 (2023)
  • NAV: $28.49 (2024) vs $24.40 (2023)
  • Gesamtverwaltete Vermögenswerte: $691,776,817 (2024) vs $602,520,950 (2023)
  • Gesamtneue Vermögenswerte: $561,776,817 (2024) vs $477,520,950 (2023)

Die Daten zeigen einen Anstieg des NAV und der insgesamt verwalteten Vermögenswerte für BTO im Vergleich zum Vorjahr, trotz eines leichten Rückgangs des Nettokapitalertrags.

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BOSTON, July 23, 2024 /PRNewswire/ - The John Hancock Closed-End Funds listed in the table below announced earnings1 for the three months ended June 30, 2024. The same data for the comparable three-month period ended June 30, 2023 is also available below.

Three Months Ended 06/30/24


Ticker

Fund Name

Current Fiscal Year End

Net Investment Income

Per Common Share

NAV

Total Managed Assets


Total Net Assets


HEQ

Hedged Equity & Income Fund

12/31

$2,233,787

$0.185

$11.67

$141,255,610


$141,255,610


BTO

Financial Opportunities Fund

 12/31

$2,348,212

$0.119

$28.49

$691,776,817

*

$561,776,817












Three Months Ended 06/30/23


Ticker

Fund Name

Current Fiscal Year End

Net Investment Income

Per Common Share

NAV

Total Managed Assets


Total Net Assets


HEQ

Hedged Equity & Income Fund

12/31

$2,399,373

$0.196

$11.46

$140,286,003


$140,286,003


BTO

Financial Opportunities Fund

 12/31

$2,621,640

$0.134

$24.40

$602,520,950

*

$477,520,950












*Total managed assets include assets attributable to borrowings under a Liquidity Agreement.












1 Earnings refer to net investment income, which is comprised of the Fund's interest and dividend income, less expenses. Earnings presented represent past earnings and there is no guarantee of future results.

Amounts distributed by the Funds may vary from the earnings shown above and will be announced in separate press releases. Up-to-date distribution rate information is available on John Hancock Investment Management's web site at www.jhinvestments.com  by clicking on "Closed-End Funds" under the "Daily Prices" tab.

Statements in this press release that are not historical facts are forward-looking statements as defined by the United States securities laws. You should exercise caution in interpreting and relying on forward-looking statements because they are subject to uncertainties and other factors which are, in some cases, beyond the Fund's control and could cause actual results to differ materially from those set forth in the forward-looking statements. 

An investor should consider a Fund's investment objectives, risks, charges, and expenses carefully before investing.

About John Hancock Investment Management

A company of Manulife Investment Management, we serve investors through a unique multimanager approach, complementing our extensive in-house capabilities with an unrivaled network of specialized asset managers, backed by some of the most rigorous investment oversight in the industry. The result is a diverse lineup of time-tested investments from a premier asset manager with a heritage of financial stewardship.

About Manulife Investment Management

Manulife Investment Management is the global brand for the global wealth and asset management segment of Manulife Financial Corporation. We draw on more than a century of financial stewardship and the full resources of our parent company to serve individuals, institutions, and retirement plan members worldwide. Headquartered in Toronto, our leading capabilities in public and private markets are strengthened by an investment footprint that spans 18 geographies. We complement these capabilities by providing access to a network of unaffiliated asset managers from around the world. We're committed to investing responsibly across our businesses. We develop innovative global frameworks for sustainable investing, collaboratively engage with companies in our securities portfolios, and maintain a high standard of stewardship where we own and operate assets, and we believe in supporting financial well-being through our workplace retirement plans. Today, plan sponsors around the world rely on our retirement plan administration and investment expertise to help their employees plan for, save for, and live a better retirement. Not all offerings are available in all jurisdictions. For additional information, please visit manulifeim.com.

Cision View original content:https://www.prnewswire.com/news-releases/john-hancock-closed-end-funds-release-earnings-data-302204551.html

SOURCE John Hancock Investment Management

FAQ

What was BTO's net investment income for Q2 2024?

BTO's net investment income for Q2 2024 was $2,348,212.

How did BTO's NAV change from Q2 2023 to Q2 2024?

BTO's NAV increased from $24.40 in Q2 2023 to $28.49 in Q2 2024.

What were BTO's total managed assets as of June 30, 2024?

BTO's total managed assets as of June 30, 2024 were $691,776,817.

How much did BTO's net investment income per common share decrease from Q2 2023 to Q2 2024?

BTO's net investment income per common share decreased from $0.134 in Q2 2023 to $0.119 in Q2 2024.

What was the increase in BTO's total net assets from Q2 2023 to Q2 2024?

BTO's total net assets increased from $477,520,950 in Q2 2023 to $561,776,817 in Q2 2024.

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