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New Opportunities Fund
mutual fund
JASOX
Payout Change
Suspended
Price as of:
$25.92
+0.03
+0.12%
primary theme
U.S. Small-Cap Growth Equity
share class
JASOX (Mutual Fund)
New Opportunities Fund
Payout Change
Suspended
Price as of:
$25.92
+0.03
+0.12%
primary theme
U.S. Small-Cap Growth Equity
share class
JASOX (Mutual Fund)
New Opportunities Fund
Payout Change
Suspended
Price as of:
$25.92
+0.03
+0.12%
primary theme
U.S. Small-Cap Growth Equity
share class
Name
As of 12/23/2024Price
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
9.3%
1 yr return
8.8%
3 Yr Avg Return
0.1%
5 Yr Avg Return
7.8%
Net Assets
$305 M
Holdings in Top 10
23.0%
52 WEEK LOW AND HIGH
$25.9
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.22%
SALES FEES
Front Load 5.00%
Deferred Load N/A
TRADING FEES
Turnover 28.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/23/2024Price
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
JASOX - Profile
Distributions
- YTD Total Return 9.3%
- 3 Yr Annualized Total Return 0.1%
- 5 Yr Annualized Total Return 7.8%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.81%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameNew Opportunities Fund
-
Fund Family NameJohn Hancock Group of Funds
-
Inception DateNov 05, 2010
-
Shares OutstandingN/A
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerJoseph Craigen
Fund Description
Under normal circumstances, the fund invests at least 80% of its assets in equity securities of small-capitalization U.S. companies. The fund primarily invests in common stock and preferred stock of U.S. small-capitalization companies. Small-capitalization companies are those with a market capitalization at the time of purchase of less than $5 billion or otherwise within the range of capitalizations of companies in the Russell 2000 Index, the S&P SmallCap 600 Index, or the Dow Jones U.S. Small-Cap Total Stock Market Index. Capitalization ranges will change over time. The fund may invest in any economic sector, and at times may emphasize one or more particular sectors. The fund also may invest in: (a) securities of foreign issuers, including foreign issuers located in emerging markets, either directly through investments in foreign currency-denominated securities traded outside of the U.S. or indirectly through depositary receipts; (b) real estate investment trusts (REITs); (c) initial public offerings (IPOs); and (d) master limited partnerships (MLPs). The manager utilizes fundamental research and bottom-up stock selection to identify undervalued small cap companies with sustainable earnings growth, and whose management is focused on enhancing value for shareholders. The manager seeks to hold securities for the long term. The manager focuses on quality small-cap companies with sound management and long-term sustainable growth, regardless of style. In selecting companies, the manager looks for firms with the following key attributes: ●Experienced, tenured, high-quality management ●Business models that deliver consistent long-term growth ●Leading companies in attractive and defensible niche markets ●Strong financial characteristics; and ●Appropriate valuation. Various factors may lead the manager to consider selling a particular security, such as a significant change in the relevant company’s senior management or its products, deterioration in its fundamental characteristics, if the company has corporate governance issues, or if the manager believes that the security has become overvalued.
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JASOX - Performance
Return Ranking - Trailing
| Period | JASOX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 9.3% | -9.7% | 70.5% | 86.48% |
| 1 Yr | 8.8% | -10.7% | 65.6% | 87.59% |
| 3 Yr | 0.1%* | -15.7% | 60.0% | 45.22% |
| 5 Yr | 7.8%* | -4.4% | 45.4% | 47.95% |
| 10 Yr | N/A* | 1.3% | 24.7% | 86.17% |
* Annualized
Return Ranking - Calendar
| Period | JASOX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 9.1% | -20.5% | 54.6% | 81.97% |
| 2022 | -27.9% | -82.1% | 32.2% | 36.21% |
| 2021 | 5.0% | -90.6% | 300.1% | 20.94% |
| 2020 | 25.3% | -63.0% | 127.9% | 62.43% |
| 2019 | 17.7% | -7.7% | 42.9% | 70.42% |
Total Return Ranking - Trailing
| Period | JASOX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 9.3% | -9.7% | 70.5% | 86.48% |
| 1 Yr | 8.8% | -10.7% | 65.6% | 87.59% |
| 3 Yr | 0.1%* | -15.7% | 60.0% | 45.22% |
| 5 Yr | 7.8%* | -4.4% | 45.4% | 47.95% |
| 10 Yr | N/A* | 1.3% | 24.7% | 89.94% |
* Annualized
Total Return Ranking - Calendar
| Period | JASOX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 14.4% | -19.0% | 136.8% | 63.01% |
| 2022 | -20.6% | -59.9% | 44.3% | 12.95% |
| 2021 | 14.3% | -22.7% | 411.9% | 34.15% |
| 2020 | 28.9% | 1.5% | 150.8% | 72.21% |
| 2019 | 21.6% | 5.5% | 55.3% | 88.33% |
NAV & Total Return History
JASOX - Holdings
Concentration Analysis
| JASOX | Category Low | Category High | JASOX % Rank | |
|---|---|---|---|---|
| Net Assets | 305 M | 209 K | 34.3 B | 70.93% |
| Number of Holdings | 76 | 7 | 1227 | 71.85% |
| Net Assets in Top 10 | 69 M | 53.8 K | 3.02 B | 72.04% |
| Weighting of Top 10 | 23.03% | 7.5% | 100.0% | 49.17% |
Top 10 Holdings
- CYBERARK SOFTWARE LTD COMMON STOCK ILS.01 2.91%
- SPX TECHNOLOGIES INC COMMON STOCK USD.01 2.77%
- INTAPP INC COMMON STOCK USD.001 2.39%
- NOVANTA INC COMMON STOCK 2.39%
- PJT PARTNERS INC COMMON STOCK USD.01 2.32%
- GRAND CANYON EDUCATION INC COMMON STOCK USD.01 2.28%
- HOULIHAN LOKEY INC COMMON STOCK USD.001 2.10%
- TOPBUILD CORP COMMON STOCK 2.08%
- MACOM TECHNOLOGY SOLUTIONS HOL COMMON STOCK USD.001 1.96%
- APPFOLIO INC COMMON STOCK USD.0001 1.84%
Asset Allocation
| Weighting | Return Low | Return High | JASOX % Rank | |
|---|---|---|---|---|
| Stocks | 98.25% | 91.02% | 103.01% | 44.44% |
| Cash | 1.75% | 0.00% | 28.78% | 56.30% |
| Preferred Stocks | 0.00% | 0.00% | 4.59% | 76.85% |
| Other | 0.00% | -0.26% | 5.02% | 78.89% |
| Convertible Bonds | 0.00% | 0.00% | 1.57% | 73.89% |
| Bonds | 0.00% | 0.00% | 2.40% | 74.44% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | JASOX % Rank | |
|---|---|---|---|---|
| Healthcare | 28.05% | 0.00% | 47.90% | 13.33% |
| Technology | 20.87% | 2.91% | 75.51% | 78.89% |
| Industrials | 18.58% | 0.00% | 36.64% | 34.26% |
| Consumer Cyclical | 11.04% | 0.00% | 24.04% | 65.56% |
| Financial Services | 6.56% | 0.00% | 42.95% | 54.44% |
| Consumer Defense | 4.80% | 0.00% | 13.56% | 33.70% |
| Basic Materials | 4.00% | 0.00% | 9.24% | 23.15% |
| Energy | 3.24% | 0.00% | 55.49% | 38.70% |
| Real Estate | 2.87% | 0.00% | 15.31% | 38.52% |
| Utilities | 0.00% | 0.00% | 5.57% | 82.22% |
| Communication Services | 0.00% | 0.00% | 15.31% | 95.56% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | JASOX % Rank | |
|---|---|---|---|---|
| US | 98.25% | 17.30% | 103.01% | 41.30% |
| Non US | 0.00% | 0.00% | 77.12% | 79.81% |
JASOX - Expenses
Operational Fees
| JASOX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.22% | 0.05% | 23.20% | 46.57% |
| Management Fee | 0.73% | 0.05% | 1.62% | 32.28% |
| 12b-1 Fee | 0.25% | 0.00% | 1.00% | 58.98% |
| Administrative Fee | N/A | 0.01% | 0.40% | N/A |
Sales Fees
| JASOX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | 5.00% | 3.50% | 5.75% | 89.71% |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| JASOX 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.
| JASOX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 28.00% | 3.00% | 264.00% | 18.82% |
JASOX - Distributions
Dividend Yield Analysis
| JASOX | Category Low | Category High | JASOX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 6.91% | 79.44% |
Dividend Distribution Analysis
| JASOX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annual | Annual | Annual |
Net Income Ratio Analysis
| JASOX | Category Low | Category High | JASOX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | -0.81% | -2.47% | 1.10% | 58.80% |
Capital Gain Distribution Analysis
| JASOX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 20, 2024 | $0.672 | CapitalGainLongTerm |
| Dec 19, 2023 | $1.191 | CapitalGainLongTerm |
| Dec 19, 2022 | $2.228 | CapitalGainLongTerm |
| Dec 17, 2021 | $2.630 | OrdinaryDividend |
| Dec 18, 2020 | $0.826 | CapitalGainLongTerm |
| Dec 19, 2019 | $0.779 | CapitalGainLongTerm |
| Dec 20, 2018 | $1.226 | CapitalGainShortTerm |
| Dec 20, 2018 | $3.082 | CapitalGainLongTerm |
| Dec 20, 2018 | $0.016 | OrdinaryDividend |
| Dec 21, 2017 | $1.085 | CapitalGainLongTerm |
| Dec 21, 2017 | $0.034 | OrdinaryDividend |
| Dec 21, 2017 | $0.932 | CapitalGainShortTerm |
| Dec 22, 2016 | $0.018 | CapitalGainShortTerm |
| Dec 22, 2016 | $0.053 | CapitalGainLongTerm |
| Dec 22, 2016 | $0.019 | OrdinaryDividend |
| Dec 23, 2015 | $0.280 | CapitalGainShortTerm |
| Dec 23, 2015 | $1.927 | CapitalGainLongTerm |
JASOX - Fund Manager Analysis
Managers
Joseph Craigen
Start Date
Tenure
Tenure Rank
Sep 26, 2014
7.68
7.7%
Joe serves as a Portfolio Manager for GW&K’s Small Cap Growth Strategy and is a member of the firm’s Investment Committee. He is also a research analyst focused on our Small Cap and Small/Mid Cap Core Strategies. Joe is a seasoned analyst with expertise in a number of industries including extensive experience in the Technology sector. Prior to joining GW&K in 2008, he held research analyst positions at Citizens Funds and Needham & Company and was a research associate at Tucker Anthony. Joe received an AB in Economics from Harvard College. He has earned the CFA designation and is a member of the CFA Institute and the CFA Society Boston.
Daniel Miller
Start Date
Tenure
Tenure Rank
Sep 26, 2014
7.68
7.7%
Dan is responsible for overseeing all aspects of our Equity teams, including portfolio management, research, and trading. He also is a member of the firm’s Management, Investment and ESG Committees. Dan brings more than three decades of industry experience to GW&K. Prior to joining the firm, Dan worked with various companies in the Boston area as an Investment and Financial Consultant. Previously he spent 21 years at Putnam Investments in Boston, where he was Chief Investment Officer for the Specialty Growth Group overseeing a team of twenty and up to $100 billion in assets under management. He was a portfolio management team member of several small and mid cap growth funds, and the lead manager for the Putnam New Opportunities Fund since its inception in 1990. Dan was also a member of Putnam’s Management Committee and Partners Group. He began his career as an Analyst at Morgan Stanley. Dan graduated from the University of California, Berkeley and received his MBA from Stanford University Graduate School of Business. He earned the CFA designation and is a member of the CFA Institute and the CFA Society Boston.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.08 | 30.44 | 9.17 | 5.25 |
