John Hancock Preferred Income Fund (HPI)

$14.81

-0.08 (-0.51%)
Rating:
Recommendation:
-
Symbol HPI
Price $14.81
Beta 0.956
Volume Avg. 0.06M
Market Cap 392.567M
Shares () -
52 Week Range 12.85-18.29
1y Target Est -
DCF Unlevered HPI DCF ->
DCF Levered HPI LDCF ->
ROE -7.17% Neutral
ROA -4.75% Neutral
Operating Margin -
Debt / Equity 63.36% Buy
P/E -12.34 Strong Sell
P/B 0.97 Buy
Annual
Quarter

Earnings

Consensus EPS

Upgrades & Downgrades

Latest HPI news


Mr. Joseph H. Bozoyan C.F.A., CFA
Financial Services
Asset Management
New York Stock Exchange

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.