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John Hancock Hedged Equity &ome Fund (John Hancock Hedged Equity &ome Fund) 3-Year RORE % : 41.27% (As of Dec. 2023)


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What is John Hancock Hedged Equity &ome Fund 3-Year RORE %?

Return on Retained Earnings (RORE) is an indicator of a company's growth potential, it shows how much a company earns by reinvesting its retained earnings, i.e. profits after dividend payments. John Hancock Hedged Equity &ome Fund's 3-Year RORE % for the quarter that ended in Dec. 2023 was 41.27%.

The industry rank for John Hancock Hedged Equity &ome Fund's 3-Year RORE % or its related term are showing as below:

HEQ's 3-Year RORE % is ranked better than
70.69% of 1532 companies
in the Asset Management industry
Industry Median: 1.345 vs HEQ: 41.27

John Hancock Hedged Equity &ome Fund 3-Year RORE % Historical Data

The historical data trend for John Hancock Hedged Equity &ome Fund's 3-Year RORE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

John Hancock Hedged Equity &ome Fund 3-Year RORE % Chart

John Hancock Hedged Equity &ome Fund Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
3-Year RORE %
Get a 7-Day Free Trial - - 31.92 -19.51 41.27

John Hancock Hedged Equity &ome Fund Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
3-Year RORE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 31.92 -41.92 -19.51 534.54 41.27

Competitive Comparison of John Hancock Hedged Equity &ome Fund's 3-Year RORE %

For the Asset Management subindustry, John Hancock Hedged Equity &ome Fund's 3-Year RORE %, along with its competitors' market caps and 3-Year RORE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


John Hancock Hedged Equity &ome Fund's 3-Year RORE % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, John Hancock Hedged Equity &ome Fund's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where John Hancock Hedged Equity &ome Fund's 3-Year RORE % falls into.



John Hancock Hedged Equity &ome Fund 3-Year RORE % Calculation

John Hancock Hedged Equity &ome Fund's 3-Year RORE % for the quarter that ended in Dec. 2023 is calculated as:

3-Year RORE %=( Most Recent EPS (Diluted)- First Period EPS (Diluted) )/( Cumulative EPS (Diluted) for 3-year -Cumulative Dividends per Share for 3-year )
=( 0.95-1.432 )/( 2.232-3.4 )
=-0.482/-1.168
=41.27 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of 3-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Dec. 2023 and 3-year before.


John Hancock Hedged Equity &ome Fund  (NYSE:HEQ) 3-Year RORE % Explanation

Return on Retained Earnings (RORE) is important to investors because it reveals a company's efficiency and growth potential. A higher RORE indicates a higher return. A high RORE indicates that the company should reinvest profits into the business. A lower RORE suggests that the company should distribute profits to shareholders by paying out dividends, since those dollars aren't generating much additional growth for the company.

There are a several different ways to arrive at the Return on Retained Earnings. The simplest way to calculate it is by using published information on Earnings per Share (EPS) and Dividend per Share (DPS) over a selected period. Here, 3-year period is chosen.

Be Aware

Please keep in mind that the RORE is relative to the nature of the business and its competitors. If another company in the same sector is producing a lower return on retained earnings, it doesn’t necessarily mean it’s a bad investment. It may just suggest the company is older and no longer in a high growth stage. At such a stage in the business cycle, it would be expected to see a lower RORE and higher dividend payout.


John Hancock Hedged Equity &ome Fund 3-Year RORE % Related Terms

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John Hancock Hedged Equity &ome Fund (John Hancock Hedged Equity &ome Fund) Business Description

Traded in Other Exchanges
N/A
Address
200 Berkeley Street, Boston, MA, USA, 02116
John Hancock Hedged Equity & Income Fund is a closed-end management investment company. Its investment objective is to provide total return with a focus on current income and gains and also consisting of long-term capital appreciation. It invests in various sectors such as financials, consumer discretionary, information technology, energy, healthcare, materials, real estate, consumer staples, short-term investments, and others.
Executives
Dean Garfield director C/O JOHN HANCOCK, 200 BERKELEY STREET, BOSTON MA 02116
Noni L Ellison director TRACTOR SUPPLY, 5401 VIRGINIA WAY, BRENTWOOD TN 37027
Andy Mcfetridge officer: Director of the Adviser 200 BERKELEY STREET, BOSTON MA 02116
Kristie Feinberg officer: President & CEO of the Adviser C/O JOHN HANCOCK, 200 BERKELEY STREET, BOSTON MA 02116
Lucinda M. Marrs officer: Officer of Investment Adviser 280 CONGRESS STREET, BOSTON MA 02210
Jennifer N Berg officer: Officer of Investment Adviser 280 CONGRESS STREET, BOSTON MA 02210
York Lo officer: Vice President, Investments C/O JOHN HANCOCK, 200 BERKELEY STREET, BOSTON MA 02116
Kathryn Hayes other: Filer and Employee of the Fund C/O JOHN HANCOCK, 200 BERKELEY STREET, BOSTON MA 02116
Patricia Lizarraga director C/O JOHN, 200 BERKELEY STREET, BOSTON MA 02116
Paul Lorentz director C/O JOHN HANCOCK, 200 BERKELEY STREET, BOSTON MA 02116
Arthur Pigott officer: VP of the Adviser C/O JOHN HANCOCK, 200 BERKELEY STREET, BOSTON MA 02116
Glen J Gibbons officer: VP of the Adviser C/O JOHN HANCOCK, 200 BERKELEY STREET, BOSTON MA 02116
Eunhak Bae officer: Officer of Investment Adviser 280 CONGRESS STREET, BOSTON MA 02210
Gillian M Edgeworth officer: Officer of Investment Adviser 280 CONGRESS STREET, BOSTON MA 02210
Daniel J Pozen officer: Officer of Investment Adviser 280 CONGRESS STREET, BOSTON MA 02210

John Hancock Hedged Equity &ome Fund (John Hancock Hedged Equity &ome Fund) Headlines