BOSTON—William K. Bacic, a trustee of the John Hancock Financial Opportunities Fund, recently acquired shares in the fund, according to a filing with the Securities and Exchange Commission. Bacic purchased 288 common shares of beneficial interest at a price of $34.70 per share, totaling approximately $9,993. The fund, with a market capitalization of $722 million, offers investors a notable 7.32% dividend yield and has maintained dividend payments for 31 consecutive years, according to InvestingPro data.
This acquisition increases Bacic's holdings in the fund to 288 shares. The transaction was executed on January 14, 2025, and reported the following day. The John Hancock Financial Opportunities Fund is listed on the New York Stock Exchange under the ticker NYSE:BTO. The fund has shown strong performance with a 28% return over the past year and trades at a P/E ratio of 5.46. Discover more insights and analysis with InvestingPro, which offers additional exclusive tips and comprehensive research reports for over 1,400 stocks.
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