HPI

John Hancock Preferred Income Fund
HPI

$18.56

0.11%

Market Cap: $488M

0

Funds holding %

of 6,728 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

33% more repeat investments, than reductions

Existing positions increased: 20 | Existing positions reduced: 15

2% more capital invested

Capital invested by funds: $54.6M [Q1] → $55.8M (+$1.13M) [Q2]

0.19% more ownership

Funds ownership: 12.5% [Q1] → 12.69% (+0.19%) [Q2]

7% less funds holding

Funds holding: 59 [Q1] → 55 (-4) [Q2]

67% less first-time investments, than exits

New positions opened: 2 | Existing positions closed: 6

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Research analyst outlook

We haven’t received any recent analyst ratings for HPI.

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Financial journalist opinion

HPI: This Preferred Stock Fund Has A Strange Portfolio

The John Hancock Preferred Income Fund offers an 8.04% yield, but its portfolio is split between preferred stocks and corporate bonds, diverging from its stated strategy. The fund's share price has risen 24.18% over the past year, reducing its yield from 9.84% to 8.04%. The fund's net asset value has not kept up with the recent share price appreciation.

HPI: This Preferred Stock Fund Has A Strange Portfolio

JOHN HANCOCK CLOSED-END FUNDS DECLARE MONTHLY DISTRIBUTIONS

BOSTON , Sept. 3, 2024 /PRNewswire/ - The John Hancock closed-end funds listed below declared their monthly distributions today as follows: Declaration Date: September 3, 2024 Ex Date: September 13, 2024 Record Date: September 13, 2024 Payment Date: September 30, 2024 Ticker Fund Name Distribution Per hare Change From PreviousDistribution Market Price asof 8/30/2024 Annualized CurrentDistribution Rate atMarket HPI Preferred Income Fund $0,1235 - $17,53 8,45 % HPF Preferred Income Fund II $0,1235 - $17,08 8,68 % HPS Preferred Income Fund III $0,1100 - $16,37 8,06 % PDT Premium Dividend Fund $0,0825 - $13,12 7,55 % HTD Tax-Advantaged DividendIncome Fund $0,1380 - $21,65 7,65 % John Hancock Premium Dividend Fund Premium Dividend Fund (the "Fund") declared its monthly distribution pursuant to the Fund's managed distribution plan (the "PDT Plan").

JOHN HANCOCK CLOSED-END FUNDS DECLARE MONTHLY DISTRIBUTIONS

JOHN HANCOCK CLOSED-END FUNDS RELEASE EARNINGS DATA

BOSTON , Aug. 7, 2024 /PRNewswire/ - The John Hancock Closed-End Funds listed in the table below announced earnings1 for the three months ended July 31, 2024. The same data for the comparable three-month period ended July 31, 2023 is also available below.

JOHN HANCOCK CLOSED-END FUNDS RELEASE EARNINGS DATA

JOHN HANCOCK CLOSED-END FUNDS DECLARE MONTHLY DISTRIBUTIONS

BOSTON , July 1, 2024 /PRNewswire/ - The John Hancock closed-end funds listed below declared their monthly distributions today as follows: Declaration Date: July 1, 2024 Ex Date: July 11, 2024 Record Date: July 11, 2024 Payment Date: July 31, 2024 Ticker Fund Name DistributionPer Share Change From PreviousDistribution Market Price asof 6/28/2024 Annualized CurrentDistribution Rate atMarket HPI Preferred Income Fund $0.1235 - $16.71 8.87 % HPF Preferred Income Fund II $0.1235 - $16.97 8.73 % HPS Preferred Income Fund III $0.1100 - $15.81 8.35 % PDT Premium Dividend Fund $0.0825 - $11.78 8.40 % HTD Tax-Advantaged Dividend Income Fund $0.1380 - $20.21 8.19 % John Hancock Premium Dividend Fund Premium Dividend Fund (the "Fund") declared its monthly distribution pursuant to the Fund's managed distribution plan (the "PDT Plan"). Under the PDT Plan, the Fund makes monthly distributions of an amount equal to $0.0825 per share.

JOHN HANCOCK CLOSED-END FUNDS DECLARE MONTHLY DISTRIBUTIONS

HPI: This Fund Is Navigating The Current Environment Well, But It Is Pricy

The John Hancock Preferred Income Fund offers an attractive 8.88% yield, one of the highest among preferred stock funds. The fund's current yield may not keep up with rising living costs if held in a taxable account. The fund has outperformed its benchmark indices and has a relatively stable distribution history, but its portfolio allocation and valuation should be considered.

HPI: This Fund Is Navigating The Current Environment Well, But It Is Pricy

JOHN HANCOCK CLOSED-END FUNDS DECLARE MONTHLY DISTRIBUTIONS

BOSTON , June 3, 2024 /PRNewswire/ - The John Hancock closed-end funds listed below declared their monthly distributions today as follows: Declaration Date: June 3, 2024 Ex Date: June 13, 2024 Record Date: June 13, 2024 Payment Date: June 28, 2024 Ticker Fund Name Distribution Per Share Change FromPrevious Distribution Market Price as of 5/31/2024 Annualized Current Distribution Rate at Market HPI Preferred Income Fund $0.1235 - $16.68 8.88 % HPF Preferred Income Fund II $0.1235 - $17.09 8.67 % HPS Preferred Income Fund III $0.1100 - $15.56 8.48 % PDT Premium Dividend Fund $0.0825 - $11.50 8.61 % HTD Tax-Advantaged Dividend Income Fund $0.1380 - $20.68 8.01 % John Hancock Premium Dividend Fund Premium Dividend Fund (the "Fund") declared its monthly distribution pursuant to the Fund's managed distribution plan (the "PDT Plan"). Under the PDT Plan, the Fund makes monthly distributions of an amount equal to $0.0825 per share.

JOHN HANCOCK CLOSED-END FUNDS DECLARE MONTHLY DISTRIBUTIONS

JOHN HANCOCK CLOSED-END FUNDS RELEASE EARNINGS DATA

BOSTON , May 17, 2024 /PRNewswire/ - The John Hancock Closed-End Funds listed in the table below announced earnings1 for the three months ended April 30, 2024. The same data for the comparable three-month period ended April 30, 2023 is also available below.

JOHN HANCOCK CLOSED-END FUNDS RELEASE EARNINGS DATA

JOHN HANCOCK CLOSED-END FUNDS DECLARE MONTHLY DISTRIBUTIONS

BOSTON , May 1, 2024 /PRNewswire/ - The John Hancock closed-end funds listed below declared their monthly distributions today as follows: Declaration Date: May 1, 2024 Ex Date: May 10, 2024 Record Date: May 13, 2024 Payment Date: May 31, 2024 Ticker Fund Name Distribution Per Share Change From Previous Distribution Market Price as of 4/30/2024 Annualized Current Distribution Rate at Market HPI Preferred Income Fund $0.1235 - $16.26 9.11 % HPF Preferred Income Fund II $0.1235 - $16.54 8.96 % HPS Preferred Income Fund III $0.1100 - $15.04 8.78 % PDT Premium Dividend Fund $0.0825 - $11.25 8.80 % HTD Tax-Advantaged Dividend Income Fund $0.1380 - $19.52 8.48 % John Hancock Premium Dividend Fund Premium Dividend Fund (the "Fund") declared its monthly distribution pursuant to the Fund's managed distribution plan (the "PDT Plan"). Under the PDT Plan, the Fund makes monthly distributions of an amount equal to $0.0825 per share.

JOHN HANCOCK CLOSED-END FUNDS DECLARE MONTHLY DISTRIBUTIONS

JOHN HANCOCK CLOSED-END FUNDS DECLARE MONTHLY DISTRIBUTIONS

BOSTON , April 1, 2024 /PRNewswire/ - The John Hancock closed-end funds listed below declared their monthly distributions today as follows: Declaration Date: April 1, 2024 Ex Date: April 10, 2024 Record Date: April 11, 2024 Payment Date: April 30, 2024 Ticker Fund Name Distribution Per Share Change From Previous Distribution Market Price as of 3/28/2024 Annualized Current Distribution Rate at Market HPI Preferred Income Fund $0.1235 - $16.63 8.91 % HPF Preferred Income Fund II $0.1235 - $16.53 8.97 % HPS Preferred Income Fund III $0.1100 - $15.43 8.55 % PDT Premium Dividend Fund $0.0825 - $11.65 8.50 % HTD Tax-Advantaged Dividend Income Fund $0.1380 - $19.66 8.42 % John Hancock Premium Dividend Fund Premium Dividend Fund (the "Fund") declared its monthly distribution pursuant to the Fund's managed distribution plan (the "PDT Plan"). Under the PDT Plan, the Fund makes monthly distributions of an amount equal to $0.0825 per share.

JOHN HANCOCK CLOSED-END FUNDS DECLARE MONTHLY DISTRIBUTIONS

JOHN HANCOCK CLOSED-END FUNDS DECLARE MONTHLY DISTRIBUTIONS

BOSTON , March 1, 2024 /PRNewswire/ - The John Hancock closed-end funds listed below declared their monthly distributions today as follows: Declaration Date: March 1, 2024 Ex Date: March 8, 2024 Record Date: March 11, 2024 Payment Date: March 28, 2024 Ticker Fund Name Distribution Per Share Change From Previous Distribution Market Price as of 2/29/2024 Annualized Current Distribution Rate at Market HPI Preferred Income Fund $0.1235 - $16.59 8.93 % HPF Preferred Income Fund II $0.1235 - $16.65 8.90 % HPS Preferred Income Fund III $0.1100 - $15.19 8.69 % PDT Premium Dividend Fund $0.0825 - $11.56 8.56 % HTD Tax-Advantaged Dividend Income Fund $0.1380 - $19.31 8.58 % John Hancock Premium Dividend Fund Premium Dividend Fund (the "Fund") declared its monthly distribution pursuant to the Fund's managed distribution plan (the "PDT Plan"). Under the PDT Plan, the Fund makes monthly distributions of an amount equal to $0.0825 per share.

JOHN HANCOCK CLOSED-END FUNDS DECLARE MONTHLY DISTRIBUTIONS

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