Overview
Description
John Hancock Financial Opportunities Fund is a closed-end equity mutual fund focused on investing in the financial services sector. Its primary objective is to provide investors with exposure to a broad range of companies engaged in banking, asset management, and other financial industries. The fund invests across all market capitalizations and holds a highly diversified portfolio, typically concentrating the majority of its assets in stocks while maintaining flexibility in sector allocation within financials. Its top holdings often include major U.S. and global banks, diversified financial firms, and select asset managers, reflecting its emphasis on sector leadership and opportunity.
The fund benchmarks its performance against the S&P Composite 1500 Banks Index, highlighting its commitment to mirroring the dynamics and growth potential of the broader banking industry. Established in 1994 and managed by John Hancock Investment Management, the fund plays a significant role for investors seeking targeted financial sector exposure within a single, actively managed vehicle. Its portfolio composition and sector focus make it a relevant instrument for tracking trends and opportunities within the evolving financial services landscape.
About
CEO
Employees
0
Address
197 Clarendon Street
Boston, 02116, MA
United States
Boston, 02116, MA
United States
Phone
617 375 1500
Website
Instrument type
Closed-end fund
Sector
Financial Services
Industry
Asset Management
Country
United States
MIC code
XNYS