JHancock Financial Opportunities:BTO

    Manage Alerts

    Overview

    As of 9/9/2025

     Share
    Price    		NAVPremium/
    Discount
    Current$37.55$36.363.27%
    52 Wk Avg$34.92$34.381.57%
    52 Wk High$39.87$39.016.86%
    52 Wk Low$27.73$28.44-2.29%
    Regular Distribution Type†Managed Distribution
    Distribution Rate6.92%
    Distribution Amount$0.6500
    Distribution FrequencyQuarterly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    The fund’s primary investment objective is to provide a high level of total return consisting of long-term capital appreciation and current income.

    Capital Structure

    As of 9/9/2025

    Total Investment Exposure:$849.933M
    Total Common Assets:$719.933M
    Common Shares Outstanding:19,800,132
    Leverage

    As of 9/9/2025

    Preferred Share Assets:
    Total Debt (USD): $130.000M
    Regulatory Leverage (USD): $130.000M
    Effective Leverage (USD): $130.000M
    Effective Leverage (%): 15.30%
    Annual Expense Ratios

    As of 12/31/2024

      Per Common Share
    Management Fees1.33%
    Other Expenses:0.22%
    Baseline Expense: N/A
    Interest Expense:1.23%
    Total: 2.78%
    Fund Management

    Fund Sponsor
    John Hancock Investment Management LLC

    Portfolio Managers
    Susan Curry, Ryan P. Lentell

    Basics
    Category: Equity-Sector Equity
    Ticker: BTO
    NAV Ticker: XBTOX
    Average Daily Volume (shares): 42,419
    Average Daily Volume (USD): $1.474M
    Inception Date: 8/18/1994
    Inception Share Price: $20.00
    Inception NAV: $19.95
    Tender Offer: No
    Term: No
    Fiscal Year End: December 31
    Third Party Links & Reports

    Distributions

    As of 9/9/2025

    Past performance is no guarantee of future results.
    Distribution History

    Enter declared start and end dates to display distribution history below. Income, Long Gain, Short Gain and ROC breakdowns will only be shown for the past year.

    to
    Declared Date Payable Date Ex Date Distrib Amount Income Long Gain Short Gain ROC

    *Indicates a Special Distribution: A distribution disbursed in addition to the normal distributions paid out by the company.

    Key Information Regarding Distributions†
    Avg. Earnings Per Share:
    As of 6/30/2025    		 $0.2747
    Annualized Distribution Rate on NAV:
    As of 9/9/2025    		7.15%
    Total Return on NAV (12 months):
    As of 9/9/2025    		17.92%
    Avg. Portfolio Coupon:
    As of 9/9/2025    		 5.25%
    Total % Portfolio Effectively Leveraged:
    As of 9/9/2025     		15.30%

    Pricing Information

    Premium/Discount Information
    Past performance is no guarantee of future results.
    Premium/Discount Information

    As of 9/10/2025

    PeriodAvg Discount
    6 Month2.34%
    1 Year1.57%
    3 Year2.66%
    5 Year4.53%
    Z-Score

    As of 9/9/2025

    PeriodZStat
    3 Month0.91
    6 Month0.79
    1 Year1.19
    Pricing History
     from  
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 8/31/2025
    Category: Morningstar US CEF Sector Equity

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD9.78%8.67%13.73%13.96%
    202428.90%24.86%28.60%12.57%
    2023-1.13%2.53%4.81%6.23%
    2022-23.55%-11.45%-10.73%-7.15%
    202161.97%48.19%22.39%17.58%
    2020-8.57%-13.92%5.15%5.71%
    201938.88%33.66%26.64%22.38%
    2018-25.66%-17.67%-12.35%-9.96%
    201713.09%10.21%18.18%12.88%
    201636.48%41.05%17.45%14.67%
    201525.24%7.71%-15.98%-12.75%
    20145.27%9.52%5.16%4.65%
    201341.28%37.33%16.34%17.44%
    201236.69%25.28%  
    2011-15.54%-11.18%  
    201029.50%16.27%  
    20098.93%4.63%  
    2008-35.78%-28.75%  
    2007-23.18%-21.06%  
    200620.76%13.34%  
    2005-3.54%1.13%  
    Past performance is no guarantee of future results.
    Annualized Total Returns

    Returns for periods less than one year are cumulative rather than annualized

    As of 8/31/2025
    Category: Morningstar US CEF Sector Equity

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Average Coupon:
    As of 9/9/2025    		5.25%
    Number of Holdings:
    As of 6/30/2025    		186
    Annual Portfolio Turnover:
    As of 12/31/2024    		13.00%
    Asset Allocation

    As of 6/30/2025

    Top Sectors

    As of 6/30/2025

    Sector%Portfolio
    Cyclical (Super Sector)90.33%
    Financial Services89.25%
    Corporate (Super Sector)8.54%
    Preferred Stock5.08%
    Corporate Bond2.94%
    Real Estate1.08%
    Government Related0.87%
    Government (Super Sector)0.87%
    Convertible0.52%
    Cash Equivalents (Super Sector)0.17%
    Top Holdings

    As of 6/30/2025

    HoldingValue% Portfolio
    Bllh0txy Irs Usd R V 00msofr Flo_ccpois Sofr +0.26161$25.00M3.13%
    Bllh0tya Irs Usd R V 00msofr Flo Ccpois Sofr +0.26161$25.00M3.13%
    Old National Bancorp$15.13M1.89%
    Bl5h15lj Irs Usd R V 00msofr Flo_ccpois Sofr +0.26161$15.00M1.88%
    Coastal Financial Corp$11.71M1.47%
    Synovus Financial Corp$11.64M1.46%
    M&T Bank Corp$11.30M1.42%
    Bl5h15lj Irs Usd P F 1.22030 Fix_ccpois$-13.41M-1.68%
    Bllh0tya Irs Usd P F 1.07680 Sllh0tya_fix Ccpois$-22.19M-2.78%
    Bllh0txy Irs Usd P F 1.13640 Fix_ccpois$-22.26M-2.79%
    Credit Quality

    As of 6/30/2025

    Maturity Breakdown

    As of 6/30/2025

    Country Allocation

    As of 6/30/2025

    Country% Portfolio
    United States - Equity85.35%
    United States - Fixed Income2.47%
    Others - Equity1.41%
    Canada - Equity1.00%
    France - Equity0.99%
    Norway - Equity0.86%
    United Kingdom - Equity0.72%

    Closed-end fund historical distribution sources have included net investment income, realized gains, and return of capital. For more detailed information on the distributions of a specific fund, please visit the sponsor's website.

    NOTES:

    † Distribution type sourced from Morningstar. In general, managed distributions may be sourced from net investment income, realized gains and return of capital. CEFConnect.com does not undertake to disclose specific information about closed-end fund distribution sources. For specific information about a fund's distribution sources, visit the fund sponsor's website.

    The following information applies to closed-end funds in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation. Shares of closed-end funds are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

    E-2949862P-E0623W

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