John Hancock Preferred Income ETF (JHPI)
| Assets | $19.79M |
| Expense Ratio | 0.54% |
| PE Ratio | n/a |
| Shares Out | 850,000 |
| Dividend (ttm) | $2.31 |
| Dividend Yield | 9.92% |
| Ex-Dividend Date | Jan 26, 2023 |
| Payout Ratio | n/a |
| 1-Year Return | -5.77% |
| Volume | 763 |
| Open | 23.27 |
| Previous Close | 23.39 |
| Day's Range | 23.27 - 23.29 |
| 52-Week Low | 21.46 |
| 52-Week High | 24.71 |
| Beta | 0.46 |
| Holdings | 121 |
| Inception Date | Dec 14, 2021 |
About JHPI
The John Hancock Preferred Income ETF (JHPI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that attempts to generate income by primarily investing in preferred securities in the US market. JHPI was launched on Dec 14, 2021 and is managed by John Hancock.
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 26, 2023 | $0.010 | Jan 31, 2023 |
| Dec 27, 2022 | $0.24443 | Dec 30, 2022 |
| Nov 25, 2022 | $0.11061 | Nov 30, 2022 |
| Oct 26, 2022 | $0.08755 | Oct 31, 2022 |
| Oct 26, 2022 | $0.08755 | Oct 31, 2022 |
| Sep 27, 2022 | $0.16276 | Sep 30, 2022 |
News
An Attractive Yield-Generating ETF Strategy for Today's Market
Investors seeking yield-generating opportunities should also consider the benefits of preferred securities and a targeted preferred income exchange traded fund strategy.
Seeking Stable Cash Flow in Today's Market
Inflation is high and the rate outlook is for continued U.S. Federal Reserve tightening. This has put pressure on investors seeking a stable source of future cash flows that's not as sensitive to risi...
ETF Leaders Powered by the NYSE: John Hancock's Steve Deroian
With rising rates and inflation causing so much uncertainty, advisors planning portfolios, particularly the fixed income portions, “really need to come up with some additional non-traditional ways of ...
A Preferred Securities ETF Could Help Generate Attractive Yields, Diversify a Portfolio
Income-minded investors who are looking for another yield-generating idea can consider the potential benefits of preferred securities and a related exchange traded fund. In the recent webcast, Balanci...
Balancing Yield and Risk with Preferred Securities
Against the backdrop of rising rates, higher inflation, and elevated volatility, balancing the search for yield and risk mitigation is no easy task. But one asset class that many overlook is preferred...
JOHN HANCOCK ANNOUNCES PORTFOLIO MANAGER CHANGES FOR JOHN HANCOCK CLOSED-END FUNDS AND ETFs
BOSTON, Feb. 15, 2022 /PRNewswire/ - John Hancock Investment Management LLC (the "Adviser") today announced changes to the portfolio management teams for John Hancock Preferred Income Fund (NYSE: HPI)...
John Hancock Investment Management Launches Preferred Income ETF, ‘JHPI'
On Wednesday, John Hancock Investment Management LLC, a company of Manulife Investment Management, announced the availability of the John Hancock Preferred Income ETF (JHPI). The exchange-traded fund ...
John Hancock Investment Management launches preferred income ETF subadvised by Manulife Investment Management
TSX/NYSE/PSE: MFC SEHK: 945 BOSTON, Dec. 15, 2021 /PRNewswire/ - John Hancock Investment Management LLC, a company of Manulife Investment Management, today announced the availability of John Hanco...