Price Chart

Key Stats

Customize
Expense Ratio Discount or Premium to NAV Total Assets Under Management 30-Day Average Daily Volume
1.96% -3.39% 895.99M 77752.63
Dividend Yield Turnover Ratio 1 Year Fund Level Flows Max Drawdown (All)
4.13% 20.00% -48.77M Upgrade

Basic Info

Investment Strategy
The Funds investment objective is to provide a high level of after-tax total return from dividend income and capital appreciation. Under normal market conditions, the Fund will invest at least 80% of its assets in dividend-paying common and preferred securities that John Hancock Advisers, LLC believes at the time of acquisition are eligible to pay dividend, which for individual shareholders, qualify for U.S. federal income taxation at rates applicable to long-term capital gains, which are taxed at a maximum rate of 15%. The Fund intends to concentrate in securities issued by U.S. corporations in the related groups of industries comprising each of the utilities sector and the financial services sector.
General
Security Type Closed-End Fund
Equity Style Mid Cap/Value
Fixed Income Style --
Broad Asset Class Allocation
Broad Category Allocation
Category Name Allocation--50% to 70% Equity
Category Index Morningstar Mod Tgt Risk TR USD
Prospectus Objective Equity-Income
Fund Owner Firm Name John Hancock
Prospectus Benchmark Index
DJ Utilities Average TR USD 100.0%
Broad Asset Class Benchmark Index
^SPXTR 100.0%
Manager Tenure
Lisa Welch 17.11 yrs
Susan Curry 17.11 yrs
Joseph Bozoyan 6.34 yrs
Brad Lutz 4.63 yrs

Net Fund Flows Versus Category

View Net Fund Flows. Upgrade now.
1M
3M
6M
YTD
1Y
3Y
5Y
10Y
 
80.00B
60.00B
40.00B
20.00B
0
-20.00B
1 Month
% Rank: --
-- Category Low
-- Category High
1 Year
% Rank: 71
-48.77M
-7.010B Category Low
10.90B Category High
3 Months
% Rank: --
-- Category Low
-- Category High
3 Years
% Rank: --
-- Category Low
-- Category High
6 Months
% Rank: --
-- Category Low
-- Category High
5 Years
% Rank: --
-- Category Low
-- Category High
YTD
% Rank: --
-- Category Low
-- Category High
10 Years
% Rank: --
-- Category Low
-- Category High
As of January 31, 2012

Performance Versus Category

 
20%
15%
10%
5%
0
View Category Returns. Upgrade now.
Name
1M
3M
YTD
1Y
3Y
5Y
10Y
15Y
Total Return (Price)
--
--
--
--
--
--
--
--
Total Return (NAV)
--
--
--
--
--
--
--
--
Category Rtn. (NAV)
--
--
--
--
--
--
--
--
% Rank in Cat (NAV)
--
--
--
--
--
--
--
--
As of October 26, 2021. Returns for periods of 1 year and above are annualized.

Annual Total Returns Versus Peers

Edit comparables
Loading chart...
Name
2014
2015
2016
2017
2018
2019
2020
YTD
30.82%
-0.87%
20.66%
16.49%
-9.17%
42.77%
-17.14%
22.54%
13.69%
1.38%
11.96%
21.83%
-4.38%
31.49%
18.40%
23.20%
16.55%
-5.63%
13.39%
18.30%
-8.96%
33.96%
-1.03%
16.86%
9.19%
-13.19%
24.72%
13.25%
-6.19%
29.17%
1.27%
15.65%
--
--
--
15.99%
-9.16%
24.88%
-4.20%
34.26%
14.22%
-4.98%
14.75%
27.96%
-4.91%
38.77%
26.62%
25.40%
As of October 26, 2021.

Fundamentals

General
Distribution Yield Upgrade
Dividend Yield TTM (10-27-21) 4.13%
30-Day SEC Yield --
7-Day SEC Yield --
Number of Holdings Upgrade
Stock
Weighted Average PE Ratio 19.39
Weighted Average Price to Sales Ratio Upgrade
Weighted Average Price to Book Ratio Upgrade
Weighted Median ROE Upgrade
Weighted Median ROA Upgrade
Forecasted Dividend Yield Upgrade
Forecasted PE Ratio Upgrade
Forecasted Price to Sales Ratio Upgrade
Forecasted Price to Book Ratio Upgrade
Bond
Current Yield 6.91%
Yield to Maturity --
Effective Duration --
Average Coupon Upgrade
Average Credit Score --
Average Price Upgrade
As of August 31, 2021

Fund Details

Key Dates
Inception Date 2/27/2004
Last Annual Report Date 10/31/2020
Last Prospectus Date 2/24/2004
Attributes
Enhanced Index Fund No
Index Fund No
Inverse Fund No
Leveraged Fund Yes
Fund of Funds No
Currency Hedged Fund No
Synthetic Replication Fund No
Has Dividend Investment Plan Yes
Socially Responsible Fund No

Asset Allocation

As of August 31, 2021.
Type % Net % Long % Short
Cash 1.43% Upgrade Upgrade
Stock 71.47% Upgrade Upgrade
Bond 1.28% Upgrade Upgrade
Convertible 3.29% Upgrade Upgrade
Preferred 20.13% Upgrade Upgrade
Other 2.40% Upgrade Upgrade

Top 10 Holdings

Name % Weight Price % Change
American Electric Power Co Inc 2.89% 84.25 -0.20%
Interstate Power and Light Co 5 1/10 % Cum Perp Pfd Shs Series -D-
2.83% -- --
Ameren Corp 2.49% 84.46 -1.03%
Duke Energy Corp 2.43% 102.78 -0.49%
Dominion Energy Inc Series A 2.42% 100.07 -0.51%
Black Hills Corp 2.39% 66.16 -0.24%
Williams Companies Inc 2.29% 28.30 -1.01%
Southern Co 2.29% 62.64 -1.02%
Eversource Energy 2.13% 85.57 -0.53%
NextEra Energy Inc Unit (Corporate Unit 09/01/2023)
2.09% -- --

Basic Info

Investment Strategy
The Funds investment objective is to provide a high level of after-tax total return from dividend income and capital appreciation. Under normal market conditions, the Fund will invest at least 80% of its assets in dividend-paying common and preferred securities that John Hancock Advisers, LLC believes at the time of acquisition are eligible to pay dividend, which for individual shareholders, qualify for U.S. federal income taxation at rates applicable to long-term capital gains, which are taxed at a maximum rate of 15%. The Fund intends to concentrate in securities issued by U.S. corporations in the related groups of industries comprising each of the utilities sector and the financial services sector.
General
Security Type Closed-End Fund
Equity Style Mid Cap/Value
Fixed Income Style --
Broad Asset Class Allocation
Broad Category Allocation
Category Name Allocation--50% to 70% Equity
Category Index Morningstar Mod Tgt Risk TR USD
Prospectus Objective Equity-Income
Fund Owner Firm Name John Hancock
Prospectus Benchmark Index
DJ Utilities Average TR USD 100.0%
Broad Asset Class Benchmark Index
^SPXTR 100.0%
Manager Tenure
Lisa Welch 17.11 yrs
Susan Curry 17.11 yrs
Joseph Bozoyan 6.34 yrs
Brad Lutz 4.63 yrs

Fundamentals

General
Distribution Yield Upgrade
Dividend Yield TTM (10-27-21) 4.13%
30-Day SEC Yield --
7-Day SEC Yield --
Number of Holdings Upgrade
Stock
Weighted Average PE Ratio 19.39
Weighted Average Price to Sales Ratio Upgrade
Weighted Average Price to Book Ratio Upgrade
Weighted Median ROE Upgrade
Weighted Median ROA Upgrade
Forecasted Dividend Yield Upgrade
Forecasted PE Ratio Upgrade
Forecasted Price to Sales Ratio Upgrade
Forecasted Price to Book Ratio Upgrade
Bond
Current Yield 6.91%
Yield to Maturity --
Effective Duration --
Average Coupon Upgrade
Average Credit Score --
Average Price Upgrade
As of August 31, 2021

Fund Details

Key Dates
Inception Date 2/27/2004
Last Annual Report Date 10/31/2020
Last Prospectus Date 2/24/2004
Attributes
Enhanced Index Fund No
Index Fund No
Inverse Fund No
Leveraged Fund Yes
Fund of Funds No
Currency Hedged Fund No
Synthetic Replication Fund No
Has Dividend Investment Plan Yes
Socially Responsible Fund No