Steven Pruchansky - John Hancock Independent Vice Chairman of the Board of Trustees

BTO Fund  USD 39.40  0.12  0.31%   
Steven Pruchansky is Fund Manager at John Hancock Financial
Mr. Steven R. Pruchansky is Independent Vice Chairman of the Board of Trustees of John Hancock Financial Opportunities Fund. He is Managing Director, Pru Realty Chairman and Chief Executive Officer, Greenscapes of Southwest Florida, Inc. Director and President, Greenscapes of Southwest Florida, Inc. Member, Board of Advisors, First American Bank Managing Director, Jon James, LLC Partner, Right Funding, LLC Director, First Signature Bank Trust Company Director, Mast Realty Trust President, Maxwell Building Corporationration . Trustee and Chairperson of the Board, John Hancock retail funds Trustee and Vice Chairperson of the Board, John Hancock retail funds, John Hancock Variable Insurance Trust and John Hancock Funds II Trustee, and Vice Chairperson of the Board, John Hancock Collateral Trust Trustee and Vice Chairperson of the Board, John Hancock ExchangeTraded Fund Trust .
Age 76
Tenure 12 years
Phone617-663-2430
Webhttps://www.jhfunds.com/Fund/Overview.aspx?ProductType=ClosedEnd&FundID=GC09&ClassCode=CE&BackToFundTableType=Price
Pruchansky is Chairman and Chief Executive Officer, Greenscapes of Southwest Florida, Inc. ; Director and President, Greenscapes of Southwest Florida, Inc. ; Member, Board of Advisors, First American Bank ; Managing Director, Jon James, LLC ; Director, First Signature Bank & Trust Company ; Director, Mast Realty Trust ; President, Maxwell Building Corporation .

Steven Pruchansky Latest Insider Activity

Tracking and analyzing the buying and selling activities of Steven Pruchansky against John Hancock fund is an integral part of due diligence when investing in John Hancock. Steven Pruchansky insider activity provides valuable insight into whether John Hancock is net buyers or sellers over its current business cycle. Note, John Hancock insiders must abide by specific rules, including filing SEC forms every time they buy or sell John Hancock'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

John Hancock Management Performance (%)

The company has Return on Asset of 0.9 % which means that on every $100 spent on assets, it made $0.9 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (7.97) %, meaning that it generated no profit with money invested by stockholders. John Hancock's management efficiency ratios could be used to measure how well John Hancock manages its routine affairs as well as how well it operates its assets and liabilities.
John Hancock Financial has 125 M in debt with debt to equity (D/E) ratio of 0.21, which may show that the company is not taking advantage of profits from borrowing. John Hancock Financial has a current ratio of 0.06, 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 Financial 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.

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John Hancock Financial Opportunities Fund is a closed-ended equity mutual fund launched and managed by John Hancock Investment Management LLC. John Hancock Financial Opportunities Fund was formed on August 23, 1994 and is domiciled in the United States. John Hancock operates under Asset Management classification in the United States and is traded on New York Stock Exchange. The fund is not filed under any group at the present time.

Management Performance

John Hancock Financial Leadership Team

Elected by the shareholders, the John Hancock's board of directors comprises two types of representatives: John Hancock inside directors who are chosen from within the company, and outside directors, selected externally and held independent of John. The board's role is to monitor John Hancock's management team and ensure that shareholders' interests are well served. John Hancock's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, John Hancock's outside directors are responsible for providing unbiased perspectives on the board's policies.
Warren Thomson, Non-Independent Trustee
Gregory Russo, Independent Trustee
Frances Rathke, Independent Trustee
Christopher Sechler, Secretary, Chief Legal Officer
William Cunningham, Independent Trustee
James Oates, Independent Chairman of the Board of Trustees
James Boyle, Non Independent Trustee
Deborah Jackson, Independent Trustee
Marianne Harrison, Trustee
Peter Burgess, Independent Trustee
Charles Bardelis, Independent Trustee
Francis Knox, Chief Compliance Officer
Steven Pruchansky, Independent Vice Chairman of the Board of Trustees
Theron Hoffman, Independent Trustee
Charles Rizzo, Chief Financial Officer
Grace Fey, Independent Trustee
Andrew Arnott, Executive Vice President
Hassell McClellan, Independent Chairman of the Board of Trustees
Trevor Swanberg, Chief Compliance Officer
Salvatore Schiavone, Treasurer

John Fund Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right fund is not an easy task. Is John Hancock a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with John Hancock

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if John Hancock position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in John Hancock will appreciate offsetting losses from the drop in the long position's value.

Moving together with John Fund

  0.82CUBA Herzfeld Caribbean BasinPairCorr
  0.89FEN First Trust EnergyPairCorr

Moving against John Fund

  0.52FMY First Trust MortgagePairCorr
The ability to find closely correlated positions to John Hancock could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace John Hancock when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back John Hancock - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling John Hancock Financial to buy it.
The correlation of John Hancock is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as John Hancock moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if John Hancock Financial moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for John Hancock can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

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.
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