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HPI - HTD: Don't Expect A Distribution Cut Like The Other John Hancock Preferred Funds
John Hancock Preferred Income Fund of Beneficial Interest
This article was first published on October 9, 2019.
John Hancock Tax-Advantaged Dividend Income Fund (HTD) has been one of the top-performing funds this year and personally, one of my largest holdings. There are three other John Hancock funds that also have performed incredibly well this year; John Hancock Preferred Income Fund (HPI), John Hancock Preferred Income II Fund (HPF) and John Hancock Preferred Income III Fund (HPS). These three funds, along with HTD, are all up over 21% on a total return NAV basis. Their market