John Hancock Preferred Income Fund II (HPF)

• Market cap: $337M
• 1 day: -4.75%
• 5 days: -6.68%
• 1 month: -7.18%
• 3 months: -5.55%
• 6 months: -16.53%
• Year to date: -6.23%
• 1 year: -4.40%
• 5 years: 10.21%
• 10 years: -25.79%
• Sector: Financials
• Industry: Asset Management

About: John Hancock Preferred Income Fund II is the United States based closed-end, diversified management investment company. Its primary objective is to provide a high level of current income consistent with preservation of capital. The fund's secondary investment objective is to provide growth of capital to the extent consistent with its primary investment objective. The fund's principal investment strategies include to invests a majority of its assets in preferred stocks and other preferred securities, including convertible preferred securities. Its portfolio composition consists of U.S preferred securities, common stocks, foreign preferred securities, corporate bonds, capital preferred securities and short-term investments.

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

3,138% more capital invested

Capital invested by funds: $38.1M [Q3] → $1.23B (+$1.2B) [Q4]

40% more first-time investments, than exits

New positions opened: 7 | Existing positions closed: 5

0% more funds holding in top 10

Funds holding in top 10: 1 [Q3] → 1 (+0) [Q4]

0.8% less ownership

Funds ownership: 9.67% [Q3] → 8.87% (-0.8%) [Q4]

2% less funds holding

Funds holding: 47 [Q3] → 46 (-1) [Q4]

39% less repeat investments, than reductions

Existing positions increased: 11 | Existing positions reduced: 18