John Hancock Preferred Income Fund II (HPF)
| Market Value | 365.04M |
| Revenue (ttm) | 38.97M |
| Net Income (ttm) | 49.52M |
| Shares Out | 21.41M |
| EPS (ttm) | 2.30 |
| PE Ratio | 7.44 |
| Forward PE | n/a |
| Dividend | $1.49 (8.71%) |
| Ex-Dividend Date | Nov 12, 2024 |
| Volume | 26,560 |
| Open | 17.09 |
| Previous Close | 17.08 |
| Day's Range | 17.04 - 17.20 |
| 52-Week Range | 14.74 - 19.00 |
| Beta | 0.90 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | n/a |
About HPF
John Hancock Preferred Income Fund II is a closed ended fixed income 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 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 &... [Read more]
News
JOHN HANCOCK CLOSED-END FUNDS RELEASE EARNINGS DATA
BOSTON , Nov. 14, 2024 /PRNewswire/ - The John Hancock Closed-End Funds listed in the table below announced earnings1 for the three months ended October 31, 2024. The same data for the comparable thre...
JOHN HANCOCK CLOSED-END FUNDS DECLARE MONTHLY DISTRIBUTIONS
BOSTON , Nov. 1, 2024 /PRNewswire/ - The John Hancock closed-end funds listed below declared their monthly distributions today as follows: Declaration Date: November 1, 2024 Ex Date: ...
JOHN HANCOCK CLOSED-END FUNDS ANNOUNCE ANNUAL SHAREHOLDER MEETING AND RECORD DATES
BOSTON, MA , Sept. 26, 2024 /PRNewswire/ - The nine John Hancock closed-end funds listed below announced today that each fund's Annual Meeting of Shareholders ("Annual Meeting") will be held on Februa...
HPF: Making Sense Of The Fund's Positioning
The John Hancock Preferred Income Fund II offers an attractive 8.29% yield, outperforming its benchmark indices and many peer funds, making it appealing for income-focused investors. The fund's higher...
HPF: Very Good Fixed-Income Fund, But Could Be Overpriced
The John Hancock Preferred Income Fund II offers a 9.00% yield, making it an attractive option for income-focused investors. The fund's recent performance has been strong, outperforming both investmen...
HPF: Take Some Gains, But Do Not Abandon This CEF Completely
John Hancock Preferred Income Fund II aims to provide high current income by investing primarily in preferred securities. The fund has a 9.02% yield, higher than most investment-grade bond funds and o...
John Hancock Preferred Income Fund II: Why Investors Should Consider A Switch
John Hancock Preferred Income Fund II aims to provide a high level of current income and preservation of capital. The fund primarily invests in preferred securities, with at least 50% being investment...
The Seven Deadly Sins Of Regional Banks And Preferred CEF Investing
Bank securities and preferred CEFs have been some of the livelier parts of the income market in the last few months. In some of the hysteria, however, it's easy to lose sight of the facts and misinter...
HPF: Financials Exposure Dragging Down Preferred Shares, Avoid
The HPF fund holds a portfolio of preferred stocks and corporate bonds. The HPF fund holds outsized exposure to preferred shares of financial companies.
Preferred Closed-End Funds: Out Of The Frying Pan Into The Fire
Today, I wanted to take a broader look at the preferred closed-end fund space. After struggling for most of the last year due to rapidly-rising interest rates, the latest banking failures sent preferr...
JOHN HANCOCK FINANCIAL OPPORTUNITIES FUND
ANNOUNCE RESULTS OF ANNUAL MEETINGS OF SHAREHOLDERS BOSTON , Feb. 21, 2023 /PRNewswire/ - The following eight closed-end funds managed by John Hancock Investment Management LLC announced the results o...
HPF: Attractive 8.5% Yield, But May Not Be Sustainable
The HPF fund holds a portfolio of preferred stocks and corporate bonds. The fund pays an attractive 8.5% distribution yield.
3 Great 7% Yields, Paid Monthly
One of the market's most secure, steady sources of generous yield is going through a rare turbulent moment.
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)...
HPF: Preferred Shares And Corporate Bonds CEF
HPF is a closed-end fund with a collateral pool that contains a mix of preferred shares and corporate bonds. The fund is finally trading flat to NAV after having seen a substantial premium to NAV duri...
Closed-End Funds: A Check-Up On The Preferred Space
Today, we are taking a refreshed look at the preferred closed-end fund space. We see that the entire space has become more expensive, yet at the same time, distribution yields have dropped - this is m...
This 7.5% Dividend Is A Smart Play On Rising Rates
There's an opportunity unfolding for us in one corner of the closed-end fund (CEF) market.
'High-High-Low' Closed-End Fund Report, (Belated) January 2021
Only funds with yield over 7.5%, coverage higher than 90% and trading at a discount are considered. Top lists of discount, yield, DxY and DxYxZ are given. The top DxYxZ funds are DSL, HPI, and HPF.
John Hancock Preferred CEFs Relatively Cheap, For A Reason?
John Hancock preferred CEFs have seen slight discount widening recently. Deleveraging and overweight to energy detracted from performance during the COVID crash.
Income Lab Ideas: The Best Preferred Investments
Preferred securities can carry features of both equities and fixed-income, while providing a fixed dividend payment. They are traditionally more stable than equities, due to the features that make the...
3 “Preferred” Stock Dividends Paying 7.4%
Is this a quick (buyable) blip? Or the next bear market?
Weekly Review Of Preferred Stock CEFs: The Leading Benchmark Made A New High
Weekly Review Of Preferred Stock CEFs: The Leading Benchmark Made A New High