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Right Time to Buy JHancock Regional Bank A Fund (FRBAX)

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JHancock Regional Bank A ( FRBAX ) a Zacks Ranked #2 (Buy) was incepted in October1985 and is managed by John Hancock Advisors, LLC. FRBAX seeks long-term capital appreciation with moderate income as a secondary objective. FRBAX invests a large chunk of its assets in stocks of regional banks and other lending companies, including commercial and industrial banks, savings and loans associations and bank holding companies. FRBAX also invests 5% of its assets in stocks of companies and outside the financial services sectors and a maximum of 5% of its net assets in Junk bonds. FRBAX distributes its dividends and capital gains, if any, annually.

This Finance fund, as of the last filing, allocates their fund in two major groups; Small Value and Large Value. Further, as of the last filing, JPMorgan Chase & Co, PNC Financial Services Group, Inc and Wells Fargo & Company were the top holdings for FRBAX.

JHancock Regional Bank A, managed by John Hancock , carries an expense ratio of 1.29. Moreover, FRBAX requires a minimal initial investment of $1,000.

FRBAX has a history of positive total returns for over 10 years. Specifically, the fund's returns over the 1, 3, 5 year benchmarks; 1 year 8.51%, 3 year 17.18% and 5 year 15.51%. To see how this fund performed compared in its category, please click here .

FRBAX's performance, as of the last filing, when compared to funds in its category was in the top 11% in 1 year, top 20% over the past 3 years, and in the 10% over the past 5 years.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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