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JOHN HANCOCK CLOSED-END FUNDS DECLARE QUARTERLY DISTRIBUTIONS
PRNewswire (Fri, 1-Mar 4:22 PM ET)
JOHN HANCOCK CLOSED-END FUNDS RELEASE EARNINGS DATA
PRNewswire (Mon, 12-Feb 5:18 PM ET)
The Fund’s primary objective is to generate income for distribution to its shareholders, with capital appreciation as a secondary objective. The Fund invests in a diversified portfolio of corporate and government bonds. In choosing bonds for the portfolio, the Fund’s managers evaluate the full spectrum of bonds in the marketplace and diversify across a number of industries. It is contemplated that at least 30% of the value of the Fund’s total assets will be rated investment grade or higher by Moody’s or Standard & Poor’s at the time of investment.
John Hancock Investors Trust trades on the NYSE stock market under the symbol JHI.
As of April 23, 2024, JHI stock price climbed to $13.20 with 10,181 million shares trading.
JHI has a beta of 0.48, meaning it tends to be less sensitive to market movements. JHI has a correlation of 0.37 to the broad based SPY ETF.
JHI has a market cap of $115.43 million. This is considered a Micro Cap stock.
In the last 3 years, JHI stock traded as high as $19.60 and as low as $11.63.
JHI has underperformed the market in the last year with a return of +10.7%, while the SPY ETF gained +24.3%. In the last 3 month period, JHI fell short of the market, returning +2.8%, while SPY returned +4.6%. However, in the most recent 2 weeks JHI has outperformed the stock market by returning -0.1%, while SPY returned -2.6%.
JHI support price is $13.04 and resistance is $13.22 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that JHI stock will trade within this expected range on the day.