John Hancock Preferred Income Fund (HPI)
16.02
-0.32
(-1.96%)
USD |
NYSE |
Apr 25, 16:00
16.02
0.00 (0.00%)
After-Hours: 20:00
Price Chart
Key Stats
| Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
|---|---|---|---|
| 4.37% | 1.84% | 418.18M | 59947.57 |
| Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
| 5.29% | 29.00% | -33.53M | Upgrade |
Basic Info
| Investment Strategy | |
| The fund’s primary investment 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 seeks to achieve its objectives by investing in securities that, in the opinion of the Advisor, may be undervalued relative to similar securities in the marketplace. Under normal market conditions, the fund invests at least 80% of its assets in preferred stocks and other preferred securities, including convertible preferred securities. |
| General | |
| Security Type | Closed-End Fund |
| Equity Style | Large Cap/Value |
| Fixed Income Style | -- |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Category Name | Preferred Stock |
| Category Index | ICE BofA Fxd Rate Pref TR USD |
| Global Category Name | US Fixed Income |
| YCharts Categorization | US Fixed Income |
| YCharts Benchmark | Bloomberg US Aggregate (^BBUSATR) |
| Prospectus Objective | Income |
| Fund Owner Firm Name | John Hancock |
| Prospectus Benchmark Index | |
| ICE BofA US All Captl TR USD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
| Manager Tenure | |
| Joseph Bozoyan | 8.84 yrs |
| Caryn Rothman | 2.01 yrs |
| James Gearhart | 1.76 yrs |
| Jonas Grazulis | 1.76 yrs |
Performance Versus Category
As of April 25, 2024. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of April 25, 2024.
Basic Info
| Investment Strategy | |
| The fund’s primary investment 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 seeks to achieve its objectives by investing in securities that, in the opinion of the Advisor, may be undervalued relative to similar securities in the marketplace. Under normal market conditions, the fund invests at least 80% of its assets in preferred stocks and other preferred securities, including convertible preferred securities. |
| General | |
| Security Type | Closed-End Fund |
| Equity Style | Large Cap/Value |
| Fixed Income Style | -- |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Category Name | Preferred Stock |
| Category Index | ICE BofA Fxd Rate Pref TR USD |
| Global Category Name | US Fixed Income |
| YCharts Categorization | US Fixed Income |
| YCharts Benchmark | Bloomberg US Aggregate (^BBUSATR) |
| Prospectus Objective | Income |
| Fund Owner Firm Name | John Hancock |
| Prospectus Benchmark Index | |
| ICE BofA US All Captl TR USD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
| Manager Tenure | |
| Joseph Bozoyan | 8.84 yrs |
| Caryn Rothman | 2.01 yrs |
| James Gearhart | 1.76 yrs |
| Jonas Grazulis | 1.76 yrs |