The most notable companies in this group are JPMorgan Chase & Co (NASDAQ:JPM), Bank of America Corp (NASDAQ:BAC), US Bancorp (NASDAQ:USB), Huntington Bancshares (NASDAQ:HBAN), Regions Financial Corp (NASDAQ:RF).
The investment seeks long-term capital appreciation; moderate income is a secondary consideration.
The fund normally invests at least 80% of its net assets in equity securities of regional banks. Such regional banks may be of any size and may include, but are not limited to, commercial banks, industrial banks, savings and loan associations, and financial and bank holding companies. It may also invest in other U.S. and foreign financial services companies. The fund may invest up to 5% of net assets in stocks of companies outside the financial services sector and up to 5% of net assets in below-investment-grade bonds rated as low as CCC.
The average market capitalization across the JHancock Regional Bank R6 MF is 59.9B. The market cap for tickers in the group ranges from 2.49B to 443.89B. JPM holds the highest valuation in this group at 443.89B. The lowest valued company is WSFS at 2.49B.
The average weekly volume growth across all stocks in the JHancock Regional Bank R6 MF was -27%. For the same stocks of the MF, the average monthly volume growth was 27% and the average quarterly volume growth was -1%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 60
P/E Growth Rating: 74
Price Growth Rating: 38
SMR Rating: 5
Profit Risk Rating: 78
Seasonality Score: 40 (-100 ... +100)