HPF News and Press, John Hancock Pfd Income Fund II Pfd Income Fund II From 02/09/22

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 during 2021. The fund currently has a 7.66% dividend yield and a 61% allocation to pr...

JOHN HANCOCK CLOSED-END FUNDS ANNOUNCE UPDATE REGARDING ANNUAL SHAREHOLDER MEETING Canada NewsWire BOSTON , Jan. 25, 2022 /CNW/ - The ten John Hancock closed-end funds listed below announced today that, because of the public health concerns regarding the...

JOHN HANCOCK CLOSED-END FUNDS DECLARE MONTHLY DISTRIBUTIONS Canada NewsWire BOSTON , Jan. 3, 2022 /CNW/ - The four John Hancock closed-end funds listed below declared their monthly distributions today as follows: John Hancock Premium ...

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 mirroring the broader CEF spaces actions. PTA comes up as the best value, though F...

John Hancock Preferred Income Fund II (NYSE:HPF) had declared $0.1235/share monthly dividend, in line with previous. Payable Nov. 30; for shareholders of record Nov. 12; ex-div Nov. 10. See HPF Dividend Scorecard, Yield Chart, & Dividend Growth. For further details see: John Ha...

During July, global consensus earnings estimates have re-accelerated to the upside, representing another bullish impulse in the tug of war between high valuations on the one hand and strong profits momentum on the other. Despite market worries of a loss of momentum in the near term, t...

CEF mergers have been running at a fast clip over the past year, likely in response to growing fund expenses as a proportion of portfolio yields. Combined with high premium valuations as well as a divergence in valuations, mergers present a risk for CEF shareholders due to the potenti...

We review CEF market valuation and performance over the past week and highlight recent events. The CEF market continues chugging along, delivering strong returns over the month of May. We highlight individual fund news from the previous week. For further details see: CEF...

Only funds with yields 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, HIO, and HPI. For further details see: 'High-High-Low' Closed-End Fund Report, Februar...

Global manufacturing PMI buoyed by further strong gains in production. Robust growth seen in the US, Eurozone, India and Brazil despite supply chain delays close to record high. Expansion limited by further slowdown in China, in turn linked to shipping and logistics problems. ...