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John Hancock Financial Opportunities Fund (John Hancock Financial Opportunities Fund) Total Assets : $727.73 Mil (As of Dec. 2023)


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What is John Hancock Financial Opportunities Fund Total Assets?

John Hancock Financial Opportunities Fund's Total Assets for the quarter that ended in Dec. 2023 was $727.73 Mil.

During the past 12 months, John Hancock Financial Opportunities Fund's average Total Assets Growth Rate was -3.90% per year. During the past 3 years, the average Total Assets Growth Rate was 3.30% per year. During the past 5 years, the average Total Assets Growth Rate was 1.60% per year.

During the past 8 years, John Hancock Financial Opportunities Fund's highest 3-Year average Total Assets Growth Rate was 10.00%. The lowest was -6.20%. And the median was 1.90%.

Total Assets is connected with ROA %. John Hancock Financial Opportunities Fund's annualized ROA % for the quarter that ended in Dec. 2023 was 44.01%. Total Assets is also linked to Revenue through Asset Turnover. John Hancock Financial Opportunities Fund's Asset Turnover for the quarter that ended in Dec. 2023 was 0.22.


John Hancock Financial Opportunities Fund Total Assets Historical Data

The historical data trend for John Hancock Financial Opportunities Fund's Total Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

John Hancock Financial Opportunities Fund Total Assets Chart

John Hancock Financial Opportunities Fund Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial 805.55 660.71 882.71 757.89 727.73

John Hancock Financial Opportunities Fund Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 882.71 734.19 757.89 604.44 727.73

John Hancock Financial Opportunities Fund Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

John Hancock Financial Opportunities Fund's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (A: Dec. 2023 )+Total Liabilities (A: Dec. 2023 )
=601.751+125.979
=727.73

John Hancock Financial Opportunities Fund's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (Q: Dec. 2023 )+Total Liabilities (Q: Dec. 2023 )
=601.751+125.979
=727.73

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


John Hancock Financial Opportunities Fund  (NYSE:BTO) Total Assets Explanation

Total Assets is connected with ROA %.

John Hancock Financial Opportunities Fund's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=293.132/( (604.441+727.73)/ 2 )
=293.132/666.0855
=44.01 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2023) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

John Hancock Financial Opportunities Fund's Asset Turnover for the quarter that ended in Dec. 2023 is

Asset Turnover
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=147.221/( (604.441+727.73)/ 2 )
=147.221/666.0855
=0.22

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

John Hancock Financial Opportunities Fund Total Assets Related Terms

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John Hancock Financial Opportunities Fund (John Hancock Financial Opportunities Fund) Business Description

Traded in Other Exchanges
N/A
Address
200 Berkeley Street, Boston, MA, USA, 02116
John Hancock Financial Opportunities Fund is the United States based closed-end, diversified management investment company. Its investment objective is to provide a high level of total return consisting of long-term capital appreciation and current income. The portfolio composition of the fund includes common stock, corporate bonds, preferred securities, investment companies, and short-term investments.
Executives
Dean Garfield director C/O JOHN HANCOCK, 200 BERKELEY STREET, BOSTON MA 02116
Noni L Ellison director TRACTOR SUPPLY, 5401 VIRGINIA WAY, BRENTWOOD TN 37027
Andy Mcfetridge officer: Director of the Adviser 200 BERKELEY STREET, BOSTON MA 02116
Kristie Feinberg officer: President & CEO of the Adviser C/O JOHN HANCOCK, 200 BERKELEY STREET, BOSTON MA 02116
York Lo officer: Vice President, Investments C/O JOHN HANCOCK, 200 BERKELEY STREET, BOSTON MA 02116
Kathryn Hayes other: Filer and Employee of the Fund C/O JOHN HANCOCK, 200 BERKELEY STREET, BOSTON MA 02116
Patricia Lizarraga director C/O JOHN, 200 BERKELEY STREET, BOSTON MA 02116
Paul Lorentz director C/O JOHN HANCOCK, 200 BERKELEY STREET, BOSTON MA 02116
Arthur Pigott officer: VP of the Adviser C/O JOHN HANCOCK, 200 BERKELEY STREET, BOSTON MA 02116
Glen J Gibbons officer: VP of the Adviser C/O JOHN HANCOCK, 200 BERKELEY STREET, BOSTON MA 02116
Frances G Rathke other: Trustee of the Fund C/O GREEN MOUNTAIN COFFEE ROASTERS, INC., 33 COFFEE LANE, WATERBURY VT 05676
Brian Macphee officer: Vice President of the Adviser C/O JOHN HANCOCK, 164 CORPORATE DRIVE, PORTSMOUTH NH 03801
Sean Speer officer: Vice President of the Adviser C/O JOHN HANCOCK, 197 CLARENDON STREET, BOSTON MA 02116
Michael Tassinari officer: Vice President of the Adviser C/O JOHN HANCOCK, 200 BERKELEY STREET, BOSTON MA 02116
Christopher Pompilio officer: Vice President of the Adviser C/O JOHN HANCOCK, 200 BERKELEY STREET, BOSTON MA 02116

John Hancock Financial Opportunities Fund (John Hancock Financial Opportunities Fund) Headlines