HPI News and Press, John Hancock Preferred Income Fund of Beneficial Interest From 11/09/21

John Hancock Preferred Income Fund (NYSE:HPI) 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 HPI Dividend Scorecard, Yield Chart, & Dividend Growth. For further details see: John Hanco...

Most income investors limit themselves to mere “common” dividends. But there’s no need for us to settle for 2% blue-chip yields when we can bank 6%+ payouts from the same companies. Let’s use Bank of America (BAC) as our example. The stock should keep sai...

Investors have been struggling to generate any sort of income off of their portfolio for many years now. HPI invests in a portfolio of preferred stocks to generate a reasonably high yield. The fund has a relatively low turnover, helping to keep expenses down and thus pass more mon...

Only funds with yields over 6.50%, coverage higher than 80% and trading at under a +5% premium are considered. Top lists of discount, yield, DxY and DxYxZ are given. Top DxYxZ funds are FEI, AIF and FPL. For further details see: The 'High-High-Low' Closed-End Fund Report...

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...

PTA was the latest offering from Cohen & Steers launched last October 2020. The fund is focused on preferred holdings and providing investors with attractive monthly income. The fund is currently trading at a slight discount and attractive yield. For further details see:...

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...

HPI is one fund that investors can use to overcome the problem of generating income in today's environment. The fund is heavily focused on the utility and financial sectors, which makes sense for a preferred stock fund. The fund also includes some common stocks in order to gain ac...

For income investors, closed-end funds remain an attractive investment class that covers a variety of asset classes and promise high distributions and reasonable total returns. The market downturn last year exposed the risk of high volatility and deep drawdowns with investing in close...