HPF News and Press, John Hancock Pfd Income Fund II Pfd Income Fund II From 10/01/19

BOSTON , Oct. 1, 2019 /PRNewswire/ - The John Hancock Preferred Income Funds (NYSE: HPI, HPF, and HPS) (the "Funds"), closed-end funds managed by John Hancock Investment Management, LLC and subadvised by Manulife Investment Management (US) LLC, declared their monthly distributions. ...

Rotating between overvalued closed-end funds into less overvalued ones is a cornerstone strategy at CEF/ETF Income Laboratory which we call " compounding income on steroids " (see this link for a step-by-step manual on how to execute this strategy). As I was looking through the closed-end ...

By Daniel Shvartsman The first half of 2019 saw a lot of green in the markets, as broader indices recovered from the brief bear market in the second half of 2018 and returned to new heights. Despite that, the wall of worry continued to grow, even if the specific concerns changed. Instead...

Introduction The week was once again quite successful for the fixed-income world. The leading benchmark reached a new high. The 10-year interest rates went to new lows and the bond ETF trades stable for now. Statistically, most of the closed-end funds are " Sell " candidates, and we do not h...

John Hancock Preferred Income Fund II (NYSE: HPF ) declares $0.14/share monthly dividend , in line with previous. Forward yield 7.29% Payable July 31; for shareholders of record July 11; ex-div July 10. See HPF Dividend Scorecard, Yield Chart, & Dividend Growth. More news o...

Introduction Currently, I cannot say that the sector is overvalued nor undervalued. The numbers tell us that the funds are trading at normal levels. The leading benchmark is trading in a sideways trend for a while now and looks stable. We have a couple of statistically overvalued closed-e...

With interest rates low and the Federal Reserve (Fed) set to stay on pause through year-end, income-focused investors are expanding their search for yield. One area that has attracted attention in recent months is the preferred securities category. Since the Fed first announced a pause on rate...

Introduction The preferred stock closed-end funds are currently trading at high Z-scores and relatively tight NAV/Price spreads. Some of the CEFs are statistically overvalued here and might be good " Sell " candidates. However, we should be cautious with the short game because it requires a ...

Introduction Over the last year, most of you have noticed our increased activity in closed-end funds as the inflow of volatility finally shook them up and created various arbitrage and directional opportunities for active traders such as us. Now that these products have our attention, we are...

Introduction Over the last year, most of you have noticed our increased activity in closed-end funds as the inflow of volatility finally shook them up and created various arbitrage and directional opportunities for active traders such as us. Now that these products have our attention, we are...