John Hancock Preferred Income Fund II (HPF)

NYSE: HPF · Real-Time Price · USD
18.98
+0.03 (0.16%)
Oct 10, 2024, 4:00 PM EDT - Market closed
0.16%
Market Value 406.38M
Revenue (ttm) 38.97M
Net Income (ttm) 49.52M
Shares Out 21.41M
EPS (ttm) 2.30
PE Ratio 8.25
Forward PE n/a
Dividend $1.48 (7.80%)
Ex-Dividend Date Oct 11, 2024
Volume 19,676
Open 18.93
Previous Close 18.95
Day's Range 18.88 - 19.00
52-Week Range 12.99 - 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]

Sector Financials
Founded 2002
Country United States
Stock Exchange NYSE
Ticker Symbol HPF
Full Company Profile

News

JOHN HANCOCK CLOSED-END FUNDS DECLARE MONTHLY DISTRIBUTIONS

BOSTON , Oct. 1, 2024 /PRNewswire/ - The John Hancock closed-end funds listed below declared their monthly distributions today as follows: Declaration Date: October 1, 2024 Ex Date: October 11, 2024 R...

Other symbols: HPIHPSHTDPDT
9 days ago - PRNewsWire

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...

Other symbols: BTOHEQHPIHPSHTDJHIJHS
14 days ago - PRNewsWire

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...

17 days ago - Seeking Alpha

JOHN HANCOCK CLOSED-END FUNDS RELEASE EARNINGS DATA

BOSTON , Aug. 7, 2024 /PRNewswire/ - The John Hancock Closed-End Funds listed in the table below announced earnings1 for the three months ended July 31, 2024. The same data for the comparable three-mo...

Other symbols: HPIHPSHTDJHIJHSPDT
2 months ago - PRNewsWire

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...

6 months ago - Seeking Alpha

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...

9 months ago - Seeking Alpha

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...

1 year ago - Seeking Alpha

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...

Other symbols: JNKJPILDPPFFPFXF
1 year ago - Seeking Alpha

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.

1 year ago - Seeking Alpha

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...

Other symbols: DFPFFCFLCFPFHPIHPSJPC
1 year ago - Seeking Alpha

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...

Other symbols: BTOHEQHPIHPSHTDPDT
1 year ago - PRNewsWire

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.

1 year ago - Seeking Alpha

Weekly Closed-End Fund Roundup: Tortoise Tender Results, NCZ Resumes Distributions (November 6, 2022)

12 out of 23 CEF sectors positive on price and 6 out of 23 sectors positive on NAV last week. Tortoise offer tender results.

Other symbols: ACPAGDASGIBMECLMCRFEOI
2 years ago - Seeking Alpha

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.

Other symbols: JPCLDP
2 years ago - Forbes

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)...

2 years ago - PRNewsWire

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...

2 years ago - Seeking Alpha

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...

Other symbols: DFPFFCFLCFPFHPIHPSJPC
3 years ago - Seeking Alpha

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.

3 years ago - Forbes

'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.

Other symbols: ARDCCIKDHFDHYDSLEMDHNW
3 years ago - Seeking Alpha

Preferreds CEF Sector Update

We take a look at year-to-date returns of the sector CEFs as well as the key drivers behind those returns. There are no easy answers in allocating to the sector as funds with the most robust structura...

Other symbols: DFPFFCFLCFPFHPIHPSJPC
4 years ago - Seeking Alpha

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.

Other symbols: HPIHPS
4 years ago - Seeking Alpha

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...

Other symbols: FFCHPIHPSHTDPDTPFFPSF
4 years ago - Seeking Alpha

A Wealth Of Relative Value Opportunities In Preferred CEFs

Steadily lower yields and heightened volatility make relative value opportunities an attractive alpha generation strategy in CEFs.

Other symbols: DFPFFCFLCFPFHPIHPSJPC
4 years ago - Seeking Alpha

3 “Preferred” Stock Dividends Paying 7.4%

Is this a quick (buyable) blip? Or the next bear market?

Other symbols: JPILDP
4 years ago - Forbes

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

Other symbols: FPF
5 years ago - Seeking Alpha