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Trending ETFs

Name

As of 04/19/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Regional Bank Fund

FRBAX | Fund

$23.55

$748 M

3.32%

$0.78

1.26%

Vitals

YTD Return

-7.8%

1 yr return

15.3%

3 Yr Avg Return

-3.9%

5 Yr Avg Return

2.4%

Net Assets

$748 M

Holdings in Top 10

26.5%

52 WEEK LOW AND HIGH

$22.9
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.26%

SALES FEES

Front Load 5.00%

Deferred Load N/A

TRADING FEES

Turnover 10.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$1,000

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 04/19/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Regional Bank Fund

FRBAX | Fund

$23.55

$748 M

3.32%

$0.78

1.26%

FRBAX - Profile

Distributions

  • YTD Total Return -7.8%
  • 3 Yr Annualized Total Return -3.9%
  • 5 Yr Annualized Total Return 2.4%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.41%
DIVIDENDS
  • Dividend Yield 3.3%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    Regional Bank Fund
  • Fund Family Name
    John Hancock Group of Funds
  • Inception Date
    Jan 03, 1994
  • Shares Outstanding
    N/A
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Susan Curry

Fund Description

Under normal market conditions, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities of regional banks. Because the fund normally invests more than 25% of its assets in equity securities of regional banks, the fund is considered to be “concentrated” in the banking industry. A regional bank is a U.S.-based banking company that primarily operates in one or more regions of the country. Such regional banks may be of any size and may include, but are not limited to, commercial banks, industrial banks, savings and loan associations, and financial and bank holding companies. Typically, these companies provide full-service banking and have primarily domestic assets. Equity securities include, but are not limited to, common and preferred stocks and their equivalents, such as publicly-traded limited partnerships, depositary receipts, rights, and warrants of companies of any market capitalization.The manager focuses primarily on equity securities selection, using fundamental financial analysis to identify securities that appear comparatively undervalued. Given the industrywide trend toward consolidation, the manager may invest in companies that appear to be positioned for a merger.The fund may also invest in other U.S. and foreign financial services companies, such as money center banks. A money center bank is a bank located in a financial center, which deals in national and international financial markets. The fund may invest up to 5% of net assets in stocks of companies outside the financial services sector and up to 5% of net assets in below-investment-grade bonds (i.e., junk bonds) rated as low as CCC by S&P Global Ratings Services or Caa by Moody’s Investors Service, Inc. and their unrated equivalents. The fund’s investment policies are based on credit ratings at the time of purchase.The fund may invest in derivatives to a limited extent. Derivatives may be used to reduce risk, obtain efficient market exposure, and/or enhance investment returns, and may include futures contracts, options, and foreign currency forward contracts.
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FRBAX - Performance

Return Ranking - Trailing

Period FRBAX Return Category Return Low Category Return High Rank in Category (%)
YTD -7.8% -13.5% 15.3% 84.62%
1 Yr 15.3% 6.9% 31.4% 84.62%
3 Yr -3.9%* -21.2% 15.1% 78.02%
5 Yr 2.4%* -5.9% 17.5% 82.42%
10 Yr 6.3%* -0.9% 13.5% 56.76%

* Annualized

Return Ranking - Calendar

Period FRBAX Return Category Return Low Category Return High Rank in Category (%)
2023 -4.9% -12.2% 29.3% 92.31%
2022 -17.2% -56.2% 9.4% 39.56%
2021 33.3% 1.6% 54.4% 22.83%
2020 -12.9% -41.2% 61.3% 86.96%
2019 25.2% 10.5% 97.3% 42.39%

Total Return Ranking - Trailing

Period FRBAX Return Category Return Low Category Return High Rank in Category (%)
YTD -7.8% -13.5% 15.3% 84.62%
1 Yr 15.3% 6.9% 31.4% 84.62%
3 Yr -3.9%* -21.2% 15.1% 78.02%
5 Yr 2.4%* -5.9% 17.5% 82.42%
10 Yr 6.3%* -0.9% 13.5% 56.76%

* Annualized

Total Return Ranking - Calendar

Period FRBAX Return Category Return Low Category Return High Rank in Category (%)
2023 -1.9% -8.5% 32.0% 94.51%
2022 -12.2% -56.2% 11.4% 46.15%
2021 40.6% 18.8% 56.8% 8.70%
2020 -10.1% -41.2% 61.3% 91.30%
2019 27.6% 12.8% 101.7% 52.17%

NAV & Total Return History


FRBAX - Holdings

Concentration Analysis

FRBAX Category Low Category High FRBAX % Rank
Net Assets 748 M 1.21 M 38.4 B 22.58%
Number of Holdings 107 26 412 16.30%
Net Assets in Top 10 212 M 456 K 18.4 B 28.26%
Weighting of Top 10 26.48% 18.0% 84.7% 88.04%

Top 10 Holdings

  1. MandT BANK CORP COMMON STOCK USD.5 2.94%
  2. HUNTINGTON BANCSHARES INC/OH COMMON STOCK USD.01 2.84%
  3. PINNACLE FINANCIAL PARTNERS IN COMMON STOCK USD1.0 2.81%
  4. JPMORGAN CHASE and CO COMMON STOCK USD1.0 2.80%
  5. CITIZENS FINANCIAL GROUP INC COMMON STOCK USD.01 2.62%
  6. US BANCORP COMMON STOCK USD.01 2.57%
  7. FIFTH THIRD BANCORP COMMON STOCK 2.55%
  8. REGIONS FINANCIAL CORP COMMON STOCK USD.01 2.54%
  9. BANK OF AMERICA CORP COMMON STOCK USD.01 2.44%
  10. KEYCORP COMMON STOCK USD1.0 2.36%

Asset Allocation

Weighting Return Low Return High FRBAX % Rank
Stocks
99.44% 95.27% 107.75% 38.04%
Cash
0.56% -8.24% 32.40% 66.30%
Preferred Stocks
0.00% 0.00% 3.05% 50.00%
Other
0.00% -1.65% 2.20% 58.70%
Convertible Bonds
0.00% 0.00% 0.10% 42.39%
Bonds
0.00% 0.00% 2.83% 50.00%

Stock Sector Breakdown

Weighting Return Low Return High FRBAX % Rank
Financial Services
100.00% 46.33% 100.00% 10.87%
Utilities
0.00% 0.00% 5.37% 42.39%
Technology
0.00% 0.00% 43.13% 65.22%
Real Estate
0.00% 0.00% 40.95% 69.57%
Industrials
0.00% 0.00% 5.08% 57.61%
Healthcare
0.00% 0.00% 5.97% 45.65%
Energy
0.00% 0.00% 6.18% 42.39%
Communication Services
0.00% 0.00% 4.06% 46.74%
Consumer Defense
0.00% 0.00% 4.66% 43.48%
Consumer Cyclical
0.00% 0.00% 42.54% 53.26%
Basic Materials
0.00% 0.00% 4.54% 42.39%

Stock Geographic Breakdown

Weighting Return Low Return High FRBAX % Rank
US
99.44% 0.00% 106.12% 29.35%
Non US
0.00% 0.00% 99.31% 63.04%

FRBAX - Expenses

Operational Fees

FRBAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.26% 0.08% 11.17% 50.00%
Management Fee 0.78% 0.03% 1.25% 56.99%
12b-1 Fee 0.30% 0.00% 1.00% 63.04%
Administrative Fee N/A 0.10% 0.34% N/A

Sales Fees

FRBAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 5.00% 3.50% 5.75% 53.85%
Deferred Load N/A 1.00% 1.00% N/A

Trading Fees

FRBAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

FRBAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 10.00% 3.00% 406.00% 19.75%

FRBAX - Distributions

Dividend Yield Analysis

FRBAX Category Low Category High FRBAX % Rank
Dividend Yield 3.32% 0.00% 12.16% 33.33%

Dividend Distribution Analysis

FRBAX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annual Quarterly Quarterly

Net Income Ratio Analysis

FRBAX Category Low Category High FRBAX % Rank
Net Income Ratio 1.41% -0.76% 10.57% 48.91%

Capital Gain Distribution Analysis

FRBAX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Distributions History

View More +

FRBAX - Fund Manager Analysis

Managers

Susan Curry


Start Date

Tenure

Tenure Rank

May 01, 2006

16.09

16.1%

Susan is a managing director and portfolio manager at John Hancock Asset Management, where she's a member of the financial institutions team. She joined the company in 1998 as a senior product manager for institutional investments and services, responsible for marketing support of the firm’s equity strategies. She joined the financial institutions team in 2004 as an investment analyst. She began her career at Fidelity Investments in 1993, where she served as a research analyst. Susan earned a B.A. from the University of Massachusetts Amherst and an M.S. from Brandeis University.

Ryan Lentell


Start Date

Tenure

Tenure Rank

Jul 01, 2015

6.92

6.9%

Ryan P. Lentell, CFA, is Managing Director and Portfolio Manager. Ryan has joined John Hancock Asset Management a division of Manulife Asset Management (US) LLC in 2008. Ryan began business career in 1999.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 25.42 9.67 4.58