John Hancock Monetary Alternatives Fund trustee acquires $11,308 in shares

Noni L. Ellison, a trustee of the John Hancock Monetary Alternatives Fund (NYSE:BTO), has lately acquired widespread shares within the fund. Based on a submitting with the Securities and Change Fee, Ellison bought 315 shares on December 23, at a value of $35.90 per share, totaling roughly $11,308. The fund, presently valued at $705 million, has demonstrated sturdy efficiency with a 35% return over the previous six months and presents a notable 7.4% dividend yield. Following this transaction, Ellison now immediately owns 756 shares within the fund. This acquisition displays a continued funding within the fund, which is a part of a collection of John Hancock Closed-Finish Funds and has maintained dividend funds for 31 consecutive years. InvestingPro evaluation reveals a number of further key insights about BTO’s monetary well being and market place, with 6 unique ProTips out there for subscribers.

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