No headlines found.
JOHN HANCOCK CLOSED-END FUND PREFERRED INCOME FUND DECLARES MONTHLY DISTRIBUTION
PRNewswire (Mon, 1-Dec 4:25 PM ET)
JOHN HANCOCK CLOSED-END FUNDS RELEASE EARNINGS DATA
PRNewswire (Mon, 10-Nov 4:12 PM ET)
JOHN HANCOCK CLOSED-END FUNDS DECLARE MONTHLY DISTRIBUTIONS
PRNewswire (Mon, 3-Nov 4:43 PM ET)
JOHN HANCOCK ANNOUNCES PORTFOLIO MANAGER CHANGES FOR JOHN HANCOCK CLOSED-END FUNDS
PRNewswire (Thu, 30-Oct 4:14 PM ET)
JOHN HANCOCK CLOSED-END FUNDS ANNOUNCE ANNUAL SHAREHOLDER MEETING AND RECORD DATES
PRNewswire (Thu, 25-Sep 4:25 PM ET)
The fund’s primary investment objective is to provide a high level of current income, consistent with preservation of capital. The fund’s secondary investment objective is to provide growth of capital to the extent consistent with its primary investment objective. The fund seeks to achieve its investment objectives by investing in securities that, in the opinion of the Advisor, may be undervalued relative to similar securities in the marketplace. Under normal market conditions, the fund invests at least 80% of its assets (net assets plus borrowings for investment purposes) in preferred stocks and other preferred securities, including convertible preferred securities. In addition, the fund invests 25% or more of its total assets in the industries comprising the utilities sector. The fund will invest at least 65% of its total assets in preferred securities and other fixed-income securities which are rated investment grade (i.e., at least “Baa” by Moody’s Investors Service, Inc. (“Moody’s”) or “BBB” by Standard & Poor’s Ratings Services (“S&P”)) or in unrated securities determined by the Advisor to be of comparable credit quality. In addition, the fund can invest up to 35% of its total assets in preferred securities and other fixed income securities that are rated below investment grade (“B” or higher) by either S&P or Moody’s at the time of acquisition or in unrated preferred securities or unrated fixed income securities determined by the Advisor to be of comparable quality.
JH Pr Income trades on the NYSE stock market under the symbol HPI.
As of December 12, 2025, HPI stock price declined to $16.49 with 45,722 million shares trading.
HPI has a beta of 0.52, meaning it tends to be less sensitive to market movements. HPI has a correlation of 0.43 to the broad based SPY ETF.
HPI has a market cap of $441.39 million. This is considered a Small Cap stock.
In the last 3 years, HPI traded as high as $19.43 and as low as $12.85.
HPI has underperformed the market in the last year with a price return of +5.6% while the SPY ETF gained +14.0%. HPI has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +1.0% and -2.0%, respectively, while the SPY returned +4.0% and -0.2%, respectively.
HPI support price is $16.48 and resistance is $16.72 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that HPI shares will trade within this expected range on the day.