BTO · CIK 0000925683 · other
BTO is a closed-end equity mutual fund incorporated in Massachusetts and listed on the NYSE. Launched and managed by John Hancock Investment Management LLC with co-management by John Hancock Asset Management, the fund invests primarily in publicly traded financial services companies across global markets. The fund maintains a portfolio approach that encompasses companies of all market capitalizations, with a focus on banking and related financial institutions. Performance is benchmarked against the S&P Composite 1500 Banks Index.
The fund was originally established in August 1994 under the name John Hancock Bank and Thrift Opportunity Fund before being renamed to reflect its broader financial services investment mandate. As a closed-end fund structure, BTO issues a fixed number of shares and trades on the secondary market rather than redememing shares at net asset value like open-end mutual funds. The fund operates as part of John Hancock Investment Management's broader suite of investment vehicles and is domiciled in the United States.
No 10-K filings found.