John Hancock Preferred Income Fund (HPI) Stock Price, News & Analysis

Company Overview

John Hancock Preferred Income Fund is a closed ended balanced mutual fund launched and managed by John Hancock Investment Management LLC. It is co-managed by John Hancock Asset Management. The fund invests in the public equity and fixed income markets of the United States. It seeks to invest in securities of companies operating across diversified sectors. The fund primarily invests in preferred value stocks of companies, convertible preferred securities, and investment grade fixed-income securities rated investment grade or higher by Moody's or Standard & Poor's. It benchmarks the performance of its portfolio against the Bank of America Merrill Lynch Hybrid Preferred Securities Index and Barclays U.S. Aggregate Bond Index. John Hancock Preferred Income Fund was formed on August 27, 2002 and is domiciled in the United States.

Key Stats

• Today's Range: $17.33 to $17.45
• 50-Day Range: $17.46 to $19.31
• 52-Week Range: $14.57 to $19.43
• Volume: 59,505 shs
• Average Volume: 52,112 shs
• Market Capitalization: N/A
• P/E Ratio: N/A
• Dividend Yield: 8.50%
• Price Target: N/A
• Consensus Rating: N/A

HPI Stock Analysis - Frequently Asked Questions

How have HPI shares performed this year?

John Hancock Preferred Income Fund's stock was trading at $15.78 at the beginning of the year. Since then, HPI stock has increased by 10.4% and is now trading at $17.42.
View the best growth stocks for 2024 here.

Who are John Hancock Preferred Income Fund's major shareholders?

Top institutional shareholders of John Hancock Preferred Income Fund include Global Retirement Partners LLC, Fiera Capital Corp, HighTower Advisors LLC and SAM Advisors LLC. Insiders that own company stock include Dean Garfield, Noni L Ellison and Steven R Pruchansky.
View institutional ownership trends.

How do I buy shares of John Hancock Preferred Income Fund?

Shares of HPI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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What other stocks do shareholders of John Hancock Preferred Income Fund own?

Based on aggregate information from My MarketBeat watchlists, some other companies that John Hancock Preferred Income Fund investors own include DoubleLine Income Solutions Fund (DSL), Annaly Capital Management (NLY), Pimco Dynamic Income Opportunities Fund (PDO), AT&T (T), ONEOK (OKE), Verizon Communications (VZ) and Ares Capital (ARCC).

Company Calendar

• Ex-Dividend for 10/31 Dividend: 10/11/2024
• Dividend Payable: 10/31/2024
• Ex-Dividend for 11/29 Dividend: 11/12/2024
• Today: 11/19/2024
• Dividend Payable: 11/29/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Financial Services
• Industry: Asset Management
• Sub-Industry: Financial Services
• Current Symbol: NYSE:HPI
• CUSIP: N/A
• CIK: 1176199
• Web: www.jhinvestments.com
• Phone: (800) 852-0218
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: $61.75 million
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: N/A
• Free Float: N/A
• Market Cap: N/A
• Optionable: Not Optionable
• Beta: N/A