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Equity Income Fund
mutual fund
JIEMX
Payout Change
Pending
Price as of:
$21.88
+0.03
+0.14%
primary theme
U.S. Large-Cap Value Equity
share class
JIEMX (Mutual Fund)
Equity Income Fund
Payout Change
Pending
Price as of:
$21.88
+0.03
+0.14%
primary theme
U.S. Large-Cap Value Equity
share class
JIEMX (Mutual Fund)
Equity Income Fund
Payout Change
Pending
Price as of:
$21.88
+0.03
+0.14%
primary theme
U.S. Large-Cap Value Equity
share class
Name
As of 11/27/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
18.9%
1 yr return
25.4%
3 Yr Avg Return
7.0%
5 Yr Avg Return
8.4%
Net Assets
$1.71 B
Holdings in Top 10
20.7%
52 WEEK LOW AND HIGH
$21.9
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.78%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 22.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 11/27/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
JIEMX - Profile
Distributions
- YTD Total Return 18.9%
- 3 Yr Annualized Total Return 7.0%
- 5 Yr Annualized Total Return 8.4%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.74%
- Dividend Yield 1.7%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameEquity Income Fund
-
Fund Family NameJohn Hancock Group of Funds
-
Inception DateOct 17, 2005
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerJohn Linehan
Fund Description
Under normal market conditions, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities, with at least 65% in common stocks of well-established companies paying above-average dividends. The fund employs a “value” approach and invests in stocks and other securities that appear to be undervalued by various measures but have good prospects for capital appreciation and dividend growth.Under normal market conditions, substantial dividend income means that the yield on the fund’s portfolio securities generally exceeds the yield on the fund’s benchmark. The manager believes that income can contribute significantly to total return over time and expects the fund’s yield to exceed that of the Russell 1000 Value Index. While the price of a company’s stock can go up or down, stocks paying a high level of dividend income tend to be less volatile than those paying a lower level and may help offset losses in falling markets.The fund will generally consider companies with established operating histories, above-average dividend yield or low price/earnings ratios relative to the Russell 1000 Value Index, positive financial characteristics, and/or low stock price relative to a company’s underlying value. The fund may also purchase other types of securities in keeping with its objective, including: (i) U.S. dollar-and foreign currency-denominated foreign securities (up to 25% of total assets); (ii) preferred stocks; (iii) convertible stocks, bonds, and warrants; (iv) futures and options; and (v) bank debt, loan participations, and assignments.The fund may invest in fixed-income securities without regard to quality or rating, including privately negotiated notes or loans (including loan participations and assignments (bank loans)) and up to 10% in below-investment-grade fixed-income securities (junk bonds). Some loans may be illiquid.The fund holds a certain portion of its assets in money market reserves consisting of shares of the T. Rowe Price Government Reserve Fund (or any other internal T. Rowe Price money market fund) or U.S. dollar- and foreign currency-denominated money market securities. These include repurchase agreements in the two highest rating categories that mature in one year or less. The fund may invest reserves in U.S. dollars and foreign currencies.The fund may invest up to 10% of its total assets in hybrid instruments. Hybrid instruments are a type of high-risk derivative which can combine the characteristics of securities, futures, and options. Such securities may bear interest or pay dividends at below market rates or even relatively nominal market rates.In pursuing the fund’s investment objective, the manager may deviate from the fund’s normal investment criteria to purchase securities the manager believes might appreciate substantially. The fund may invest significantly in certain sectors, such as the financials sector.
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JIEMX - Performance
Return Ranking - Trailing
| Period | JIEMX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 18.9% | -8.4% | 44.5% | 69.19% |
| 1 Yr | 25.4% | 3.1% | 60.1% | 67.60% |
| 3 Yr | 7.0%* | -1.7% | 33.8% | 90.41% |
| 5 Yr | 8.4%* | 0.3% | 46.2% | 89.34% |
| 10 Yr | 8.0%* | 1.8% | 25.3% | 80.44% |
* Annualized
Return Ranking - Calendar
| Period | JIEMX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 1.2% | -16.9% | 46.1% | 81.49% |
| 2022 | -13.5% | -64.7% | 4.6% | 64.66% |
| 2021 | 14.4% | -44.2% | 57.5% | 59.42% |
| 2020 | -1.8% | -23.2% | 285.0% | 61.79% |
| 2019 | 16.6% | -21.4% | 48.5% | 69.16% |
Total Return Ranking - Trailing
| Period | JIEMX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 18.9% | -8.4% | 44.5% | 69.19% |
| 1 Yr | 25.4% | 3.1% | 60.1% | 67.60% |
| 3 Yr | 7.0%* | -1.7% | 33.8% | 90.41% |
| 5 Yr | 8.4%* | 0.3% | 46.2% | 89.34% |
| 10 Yr | 8.0%* | 1.8% | 25.3% | 80.44% |
* Annualized
Total Return Ranking - Calendar
| Period | JIEMX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 9.4% | -15.9% | 46.7% | 63.53% |
| 2022 | -11.7% | -42.0% | 8.5% | 90.86% |
| 2021 | 25.4% | 3.6% | 129.7% | 56.80% |
| 2020 | 1.1% | -22.6% | 304.8% | 67.96% |
| 2019 | 26.4% | -12.7% | 52.1% | 39.24% |
NAV & Total Return History
JIEMX - Holdings
Concentration Analysis
| JIEMX | Category Low | Category High | JIEMX % Rank | |
|---|---|---|---|---|
| Net Assets | 1.71 B | 126 K | 163 B | 39.24% |
| Number of Holdings | 122 | 2 | 1727 | 25.79% |
| Net Assets in Top 10 | 366 M | 433 K | 39.5 B | 45.55% |
| Weighting of Top 10 | 20.74% | 4.4% | 99.1% | 85.13% |
Top 10 Holdings
- ELEVANCE HEALTH INC COMMON STOCK USD.01 2.64%
- SOUTHERN CO/THE COMMON STOCK USD5.0 2.18%
- WELLS FARGO and CO COMMON STOCK USD1.666 2.12%
- TOTALENERGIES SE COMMON STOCK EUR2.5 2.11%
- CHUBB LTD COMMON STOCK 2.05%
- QUALCOMM INC COMMON STOCK USD.0001 2.02%
- METLIFE INC COMMON STOCK USD.01 2.00%
- AMERICAN INTERNATIONAL GROUP I COMMON STOCK USD2.5 1.92%
- GENERAL ELECTRIC CO COMMON STOCK USD.01 1.88%
- L3HARRIS TECHNOLOGIES INC COMMON STOCK USD1.0 1.82%
Asset Allocation
| Weighting | Return Low | Return High | JIEMX % Rank | |
|---|---|---|---|---|
| Stocks | 98.56% | 4.16% | 102.49% | 45.92% |
| Cash | 0.90% | 0.00% | 17.28% | 64.56% |
| Preferred Stocks | 0.65% | 0.00% | 13.68% | 7.61% |
| Other | 0.00% | -2.59% | 39.89% | 77.92% |
| Convertible Bonds | 0.00% | 0.00% | 3.66% | 76.23% |
| Bonds | 0.00% | 0.00% | 97.99% | 76.35% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | JIEMX % Rank | |
|---|---|---|---|---|
| Financial Services | 20.79% | 0.00% | 58.05% | 34.64% |
| Healthcare | 18.51% | 0.00% | 30.08% | 38.76% |
| Utilities | 10.03% | 0.00% | 27.04% | 5.81% |
| Industrials | 9.77% | 0.00% | 42.76% | 67.42% |
| Technology | 7.93% | 0.00% | 54.02% | 82.58% |
| Consumer Defense | 7.41% | 0.00% | 34.10% | 65.45% |
| Energy | 7.10% | 0.00% | 54.00% | 64.89% |
| Consumer Cyclical | 5.53% | 0.00% | 22.74% | 53.28% |
| Real Estate | 4.85% | 0.00% | 90.54% | 20.79% |
| Communication Services | 4.31% | 0.00% | 26.58% | 70.13% |
| Basic Materials | 3.76% | 0.00% | 21.69% | 41.20% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | JIEMX % Rank | |
|---|---|---|---|---|
| US | 93.42% | 4.16% | 102.49% | 76.25% |
| Non US | 5.15% | 0.00% | 24.08% | 15.03% |
JIEMX - Expenses
Operational Fees
| JIEMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.78% | 0.03% | 14.82% | 63.50% |
| Management Fee | 0.68% | 0.00% | 1.50% | 71.81% |
| 12b-1 Fee | 0.05% | 0.00% | 1.00% | 19.60% |
| Administrative Fee | N/A | 0.00% | 0.50% | 85.80% |
Sales Fees
| JIEMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 1.00% | 5.75% | N/A |
| Deferred Load | N/A | 0.95% | 5.00% | N/A |
Trading Fees
| JIEMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| JIEMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 22.00% | 0.00% | 488.00% | 26.11% |
JIEMX - Distributions
Dividend Yield Analysis
| JIEMX | Category Low | Category High | JIEMX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 1.71% | 0.00% | 16.67% | 83.38% |
Dividend Distribution Analysis
| JIEMX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | None | Annual | Monthly | Annual |
Net Income Ratio Analysis
| JIEMX | Category Low | Category High | JIEMX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 1.74% | -1.51% | 4.28% | 28.30% |
Capital Gain Distribution Analysis
| JIEMX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Quarterly | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Sep 23, 2024 | $0.093 | OrdinaryDividend |
| Mar 21, 2024 | $0.059 | OrdinaryDividend |
| Dec 19, 2023 | $0.133 | OrdinaryDividend |
| Dec 19, 2023 | $0.078 | CapitalGainShortTerm |
| Dec 19, 2023 | $1.024 | CapitalGainLongTerm |
| Sep 22, 2023 | $0.082 | OrdinaryDividend |
| Jun 23, 2023 | $0.101 | OrdinaryDividend |
| Mar 24, 2023 | $0.067 | OrdinaryDividend |
| Dec 19, 2022 | $0.143 | OrdinaryDividend |
| Sep 23, 2022 | $0.108 | OrdinaryDividend |
| Jun 23, 2022 | $0.072 | OrdinaryDividend |
| Mar 24, 2022 | $0.061 | OrdinaryDividend |
| Dec 17, 2021 | $0.112 | OrdinaryDividend |
| Dec 17, 2021 | $0.162 | CapitalGainShortTerm |
| Dec 17, 2021 | $1.471 | CapitalGainLongTerm |
| Sep 23, 2021 | $0.102 | OrdinaryDividend |
| Jun 24, 2021 | $0.079 | OrdinaryDividend |
| Mar 25, 2021 | $0.060 | OrdinaryDividend |
| Dec 18, 2020 | $0.123 | OrdinaryDividend |
| Dec 18, 2020 | $0.113 | CapitalGainLongTerm |
| Sep 24, 2020 | $0.107 | OrdinaryDividend |
| Jun 24, 2020 | $0.095 | OrdinaryDividend |
| Mar 25, 2020 | $0.044 | OrdinaryDividend |
| Dec 19, 2019 | $0.191 | OrdinaryDividend |
| Dec 19, 2019 | $0.023 | CapitalGainShortTerm |
| Dec 19, 2019 | $1.054 | CapitalGainLongTerm |
| Sep 24, 2019 | $0.114 | OrdinaryDividend |
| Jun 24, 2019 | $0.091 | OrdinaryDividend |
| Mar 25, 2019 | $0.090 | OrdinaryDividend |
| Dec 20, 2018 | $0.144 | OrdinaryDividend |
| Dec 20, 2018 | $0.046 | CapitalGainShortTerm |
| Dec 20, 2018 | $1.774 | CapitalGainLongTerm |
| Sep 24, 2018 | $0.099 | OrdinaryDividend |
| Jun 25, 2018 | $0.097 | OrdinaryDividend |
| Mar 26, 2018 | $0.071 | OrdinaryDividend |
| Dec 21, 2017 | $0.136 | OrdinaryDividend |
| Dec 21, 2017 | $0.045 | CapitalGainShortTerm |
| Dec 21, 2017 | $1.404 | CapitalGainLongTerm |
| Sep 25, 2017 | $0.101 | OrdinaryDividend |
| Jun 26, 2017 | $0.093 | OrdinaryDividend |
| Mar 27, 2017 | $0.081 | OrdinaryDividend |
| Dec 22, 2016 | $0.168 | OrdinaryDividend |
| Dec 22, 2016 | $0.015 | CapitalGainShortTerm |
| Dec 22, 2016 | $0.398 | CapitalGainLongTerm |
| Sep 26, 2016 | $0.120 | OrdinaryDividend |
| Jun 27, 2016 | $0.095 | OrdinaryDividend |
| Mar 28, 2016 | $0.087 | OrdinaryDividend |
| Dec 23, 2015 | $0.107 | OrdinaryDividend |
| Dec 23, 2015 | $0.018 | CapitalGainShortTerm |
| Dec 23, 2015 | $1.515 | CapitalGainLongTerm |
| Sep 25, 2015 | $0.092 | OrdinaryDividend |
| Jun 25, 2015 | $0.098 | OrdinaryDividend |
| Mar 30, 2015 | $0.075 | OrdinaryDividend |
| Dec 23, 2014 | $0.344 | OrdinaryDividend |
| Dec 16, 2014 | $0.044 | CapitalGainShortTerm |
| Dec 16, 2014 | $1.094 | CapitalGainLongTerm |
| Dec 23, 2013 | $0.008 | CapitalGainShortTerm |
| Dec 23, 2013 | $0.123 | CapitalGainLongTerm |
| Dec 23, 2013 | $0.449 | OrdinaryDividend |
| Dec 21, 2012 | $0.316 | OrdinaryDividend |
| Dec 22, 2011 | $0.190 | OrdinaryDividend |
| Dec 23, 2010 | $0.201 | OrdinaryDividend |
| Dec 16, 2009 | $0.242 | OrdinaryDividend |
| Dec 16, 2008 | $0.378 | OrdinaryDividend |
| Dec 12, 2007 | $0.085 | CapitalGainShortTerm |
| Dec 12, 2007 | $0.846 | CapitalGainLongTerm |
| Dec 12, 2007 | $0.323 | OrdinaryDividend |
| Dec 26, 2006 | $0.860 | CapitalGainShortTerm |
| Dec 26, 2006 | $0.002 | CapitalGainLongTerm |
| Dec 26, 2006 | $0.301 | OrdinaryDividend |
| Dec 15, 2005 | $0.063 | OrdinaryDividend |
JIEMX - Fund Manager Analysis
Managers
John Linehan
Start Date
Tenure
Tenure Rank
Nov 01, 2015
6.58
6.6%
John Linehan is the portfolio manager for the Equity Income Strategy and co-portfolio manager of the US Large-Cap Value Strategy for T. Rowe Price. In addition, he is the chief investment officer of Equity and a member of the firm's US Equity Steering, Equity Brokerage and Trading Control, and Counterparty Risk Committees. Mr. Linehan is Chairman of the Investment Advisory Committee at T. Rowe. He is a large-cap value portfolio manager in the U.S. Equity Division and also co-chair of the Investment Advisory Committee for the Institutional Large-Cap Value Strategy. From February 2010 to June 2014, Mr. Linehan was head of U.S. Equity and chairman of the U.S. Equity Steering Committee. He is a member of the firm's U.S. Equity Steering, Equity Brokerage and Trading Control, and Counterparty Risk Committees. He earned a B.A. from Amherst College and an M.B.A. from Stanford University, where he was the Henry Ford II Scholar, an Arjay Miller Scholar, and the winner of the Alexander A. Robichek Award in finance. Mr. Linehan is a CFA® charterholder.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.05 | 86.59 | 8.09 | 6.71 |
