HPI News and Press, John Hancock Preferred Income Fund of Beneficial Interest

JOHN HANCOCK CLOSED-END FUND PREFERRED INCOME FUND DECLARES MONTHLY DISTRIBUTION Canada NewsWire BOSTON , Dec. 1, 2022 /CNW/ - The John Hancock closed-end Preferred Income Fund declared its monthly distribution today as follows: A portion of a...

Summary HPI invests in a portfolio of preferred stocks and other fixed-income securities in order to provide investors with a very high yield. The closed-end fund is primarily invested in banks and utilities, which is not surprising. The fund has outperformed other preferred f...

Summary 12 out of 23 CEF sectors positive on price and 6 out of 23 sectors positive on NAV last week. Tortoise offer tender results. NCZ resumes distributions, NCV holders should switch. Author's note: This article was released to CEF/ETF Income Laboratory members ...

JOHN HANCOCK CLOSED-END FUNDS ANNOUNCE ANNUAL SHAREHOLDER MEETING AND RECORD DATES Canada NewsWire BOSTON , Sept. 22, 2022 /CNW/ - The ten John Hancock closed-end funds listed below announced today that each fund's Annual Meeting of Shareholders ("Ann...

JOHN HANCOCK ANNOUNCES PORTFOLIO MANAGER CHANGES FOR JOHN HANCOCK CLOSED-END FUNDS Canada NewsWire BOSTON , April 28, 2022 /CNW/ - John Hancock Investment Management LLC (the "Adviser") today announced changes to the portfolio management teams for John Ha...

We take a look at the action in preferreds and baby bonds through the first full week of April and highlight some of the key themes we are watching. Preferreds had a bad week and remain under pressure from rising Treasury yields. Only the Energy sector is still in the green year-to-da...

We review CEF market valuation and performance through the last week of March and highlight recent market action. CEFs rallied strongly to close out a pretty poor quarter for returns. We discuss some of the misconceptions surrounding interest rates and the performance of loan CEFs...

Recent market volatility has opened up discount valuation divergences between very similar CEFs. This offers income investors an opportunity to pick up additional yield, adopt a more defensive stance and generate alpha in their portfolios. We highlight a number of switches in the ...

HPI is the John Hancock Preferred Income Fund, a CEF that invests mainly in convertible preferred securities, and investment grade fixed-income securities. FFC is the Flaherty & Crumrine Preferred Securities Income Fund, a CEF that invests mainly in investment grade preferred secu...

JOHN HANCOCK CLOSED-END FUNDS RELEASE EARNINGS DATA Canada NewsWire BOSTON , Feb. 15, 2022 /CNW/ - The John Hancock Closed-End Funds listed in the table below announced earnings 1 for the three months ended January 31, 2022 . The same data for the co...