John Hancock Tax Fund Analysis

HTD Fund  USD 24.79  0.25  1.02%   
Below is the normalized historical share price chart for John Hancock Tax extending back to February 25, 2004. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of John Hancock stands at 24.79, as last reported on the 4th of February, with the highest price reaching 24.83 and the lowest price hitting 24.53 during the day.
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes
John Hancock Tax holds a debt-to-equity ratio of 0.468. John Hancock's financial risk is the risk to John Hancock stockholders that is caused by an increase in debt.
Given that John Hancock's debt-to-equity ratio measures a Fund's obligations relative to the value of its net assets, it is usually used by traders to estimate the extent to which John Hancock is acquiring new debt as a mechanism of leveraging its assets. A high debt-to-equity ratio is generally associated with increased risk, implying that it has been aggressive in financing its growth with debt. Another way to look at debt-to-equity ratios is to compare the overall debt load of John Hancock to its assets or equity, showing how much of the company assets belong to shareholders vs. creditors. If shareholders own more assets, John Hancock is said to be less leveraged. If creditors hold a majority of John Hancock's assets, the Fund is said to be highly leveraged.
John Hancock Tax is fairly valued with Real Value of 24.59 and Hype Value of 24.79. The main objective of John Hancock fund analysis is to determine its intrinsic value, which is an estimate of what John Hancock Tax is worth, separate from its market price. There are two main types of John Fund analysis: fundamental analysis and technical analysis.
The John Hancock fund is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and John Hancock's ongoing operational relationships across important fundamental and technical indicators.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in John Hancock Tax. Also, note that the market value of any fund could be closely tied with the direction of predictive economic indicators such as signals in poverty.

John Fund Analysis Notes

The fund generated five year return of 11.0%. John Hancock Tax last dividend was 1.66 per share. Allocation--50% to 70% Equity It is possible that John Hancock Tax fund was delisted, renamed or otherwise removed from the exchange. To learn more about John Hancock Tax call the company at 617-663-2430 or check out https://www.jhinvestments.com/Fund/ManagementCommentary.aspx?ProductType=ClosedEnd&FundID=34700&ClassCode=CE&BackToFundTableType=Price.

John Hancock Tax Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more funds at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. John Hancock's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding John Hancock Tax or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.

John Market Capitalization

The company currently falls under 'Small-Cap' category with a total capitalization of 907.19 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate John Hancock's market, we take the total number of its shares issued and multiply it by John Hancock's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

John Profitablity

The company has Net Profit Margin of 118.95 %, which may imply that it executes well on its competitive polices and has reasonable control over its expenses and variable costs. This is very large. In the same way, it shows Net Operating Margin of 81.9 %, which entails that for every 100 dollars of revenue, it generated $81.9 of operating income.

Institutional Fund Holders for John Hancock

Have you ever been surprised when a price of an equity instrument such as John Hancock is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading John Hancock Tax backward and forwards among themselves. John Hancock's institutional investor refers to the entity that pools money to purchase John Hancock's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
FCEFFirst Trust IncomeEtfGlobal Moderately Conservative Allocation
More Details
Note, although John Hancock's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

John Hancock Outstanding Bonds

John Hancock issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. John Hancock Tax uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most John bonds can be classified according to their maturity, which is the date when John Hancock Tax has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

John Hancock Predictive Daily Indicators

John Hancock intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of John Hancock fund daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

John Hancock Forecast Models

John Hancock's time-series forecasting models are one of many John Hancock's fund analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary John Hancock's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

John Hancock Tax Debt to Cash Allocation

Many companies such as John Hancock, eventually find out that there is only so much market out there to be conquered, and adding the next product or service is only half as profitable per unit as their current endeavors. Eventually, the company will reach a point where cash flows are strong, and extra cash is available but not fully utilized. In this case, the company may start buying back its stock from the public or issue more dividends.
John Hancock Tax has 418.9 M in debt with debt to equity (D/E) ratio of 0.47, which is OK given its current industry classification. John Hancock Tax has a current ratio of 0.04, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist John Hancock until it has trouble settling it off, either with new capital or with free cash flow. So, John Hancock's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like John Hancock Tax sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for John to invest in growth at high rates of return. When we think about John Hancock's use of debt, we should always consider it together with cash and equity.

John Hancock Assets Financed by Debt

Typically, companies with high debt-to-asset ratios are said to be highly leveraged. The higher the ratio, the greater risk will be associated with the John Hancock's operation. In addition, a high debt-to-assets ratio may indicate a low borrowing capacity of John Hancock, which in turn will lower the firm's financial flexibility.

John Hancock Corporate Bonds Issued

Most John bonds can be classified according to their maturity, which is the date when John Hancock Tax has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

About John Fund Analysis

Fund analysis is the technique used by a trader or investor to examine and evaluate how John Hancock prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling John shares will generate the highest return on investment. We also built our fund analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Fund such as John Hancock. By using and applying John Fund analysis, traders can create a robust methodology for identifying John entry and exit points for their positions.
John Hancock Tax-Advantaged Dividend Income Fund is a closed ended equity mutual fund launched and managed by John Hancock Investment Management LLC. It is co-managed by John Hancock Asset Management and Analytic Investors, LLC. The fund invests in the public equity markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors, with an emphasis on the utilities sector. The fund primarily invests in dividend-paying common and preferred stocks of companies which have dividends that qualify for a more favorable long-term capital gains tax rate. It invests in stocks of companies across diversified market capitalizations. The fund benchmarks the performance of its portfolio against a composite benchmark comprised of 55 percent Bank of America Merrill Lynch Preferred Stock DRD Eligible Index and 45 percent SP 500 Utilities Index. John Hancock Tax-Advantaged Dividend Income Fund was formed on February 27, 2004 and is domiciled in the United States.

Be your own money manager

As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our fund analysis tools, you can find out how much better you can do when adding John Hancock to your portfolios without increasing risk or reducing expected return.

Did you try this?

Run Sign In To Macroaxis Now

   

Sign In To Macroaxis

Sign in to explore Macroaxis' wealth optimization platform and fintech modules
All  Next Launch Module

Other Information on Investing in John Fund

John Hancock financial ratios help investors to determine whether John Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in John with respect to the benefits of owning John Hancock security.
USA ETFs
Find actively traded Exchange Traded Funds (ETF) in USA
Bonds Directory
Find actively traded corporate debentures issued by US companies
Stocks Directory
Find actively traded stocks across global markets
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals