Welcome to our dedicated page for JH Financial Opportunities news (Ticker: BTO), a resource for investors and traders seeking the latest updates and insights on JH Financial Opportunities stock.
JH Financial Opportunities (BTO) is a closed-end fund leveraging a multimanager strategy to deliver diversified investment solutions and structured distributions. This page provides investors with centralized access to official announcements, financial updates, and strategic developments impacting the fund's performance.
Key resources include: Earnings reports detailing income from capital gains and investment returns, updates on portfolio management strategies, and insights into risk mitigation practices. Track the fund's managed distribution plan and its integration within broader asset management trends.
Stay informed about: Strategic partnerships, regulatory filings, and operational changes affecting BTO's multimanager framework. Content is curated to help stakeholders assess the fund's stability, income generation capabilities, and adherence to long-term investment objectives.
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John Hancock Financial Opportunities Fund (NYSE: BTO) announced the sources of its quarterly distribution of $0.6500 per share, payable on June 28, 2024. Shareholders of record as of June 13, 2024, are eligible for this distribution. The distribution is broken down as follows: 19% from net investment income, 16% from net realized short-term capital gains, 54% from net realized long-term capital gains, and 11% from return of capital. The fund's average annual total return over the last five years is 6.39%, while the fiscal year-to-date return is -3.64%. The annualized distribution rate as of May 31, 2024, is 9.02% of NAV. The fund has distributed more than its income and capital gains, indicating that part of the distribution may be a return of capital.