John Hancock Preferred Income Fund logo

John Hancock Preferred Income Fund(NYSE) HPI

Market Cap$383.40MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.
Since IPO (2002)+365%
5 Year+3%
1 Year-9%
1 Month-10%
$13.90
-2.87%
-0.41Today
After hours$13.88-$0.02 (-0.14%)
John Hancock Preferred Income Fund last closing stock price
MetricPriceDate
Last closeUSD 14.312026-09-25
John Hancock Preferred Income Fund stock price return by period
PeriodPrice returnPrice at period startPeriod start date
1 week-3.38%USD 14.812026-09-18
1 month-9.61%USD 15.832026-08-26
3 month-8.96%USD 15.722026-06-26
Year to date-5.98%USD 15.222025-12-31
1 year-8.76%USD 15.682025-09-25
3 year+29.87%USD 11.022023-09-26
5 year+3.24%USD 13.862021-09-24
Since inception+364.52%USD 3.082002-08-23

John Hancock Preferred Income Fund Financials at a Glance

Market Cap

$383.40MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Revenue (TTM)

$97.47M

Net Income (TTM)

$85.94M

EPS (TTM)

$1.29

P/E Ratio

11.10

Dividend

$1.48

Beta (Volatility)

0.49 (Low)

Price

$13.90

Volume

144,316

Open

$14.30

Previous Close

$13.87

Daily Range

$13.87 - $14.33

52-Week Range

$13.78 - $17.61

Estimated Earnings Date

Apr 1, 2026

HPI News

No articles available.

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About John Hancock Preferred Income Fund

John Hancock Preferred Income Fund is a closed-end, balanced mutual fund managed by John Hancock Investment Management LLC. The fund primarily invests in public equity and fixed-income markets in the U.S., focusing on preferred value stocks and investment-grade securities.

Products and Services
  • Invests in preferred stocks and convertible preferred securities
  • Focuses on investment-grade fixed-income instruments
  • Performance measured against industry benchmarks
Growth Outlook
  • Recent quarterly revenue reached $27.28 million, showing strong performance
  • Trailing twelve months (TTM) dividend yield stands at 10.28%
  • Net income for the latest quarter was $21.77 million, indicating robust profitability
Financial Highlights
  • Market capitalization of approximately $386.45 million
  • Price-to-earnings (P/E) ratio of 11.18, suggesting potential value
  • Quarterly earnings per share (EPS) reported at $0.81
John Hancock Preferred Income Fund operates with a strategic focus on generating income through a diversified portfolio. The fund's investment strategy emphasizes stability and income generation, appealing to investors seeking reliable returns. The recent financial performance highlights a strong revenue stream and solid net income, reflecting effective management and investment choices. The attractive dividend yield further enhances the fund's appeal, positioning it as a potential option for income-focused investors. Overall, the fund's commitment to maintaining a balanced approach in its investment strategy may provide a compelling opportunity for those interested in the asset management sector.
AI Generated • Sep 21, 2026

Industry

Capital Markets

CEO

Andy Arnott

Headquarters

Boston, MA 02116, US

HPI Financials

Key Financial Metrics (TTM)

Gross Margin

94.72%

Operating Margin

96.04%

Net Income Margin

67.96%

Return on Equity

8.03%

Return on Capital

6.10%

Return on Assets

4.99%

Earnings Yield

9.01%

Dividend Yield

10.36%

Payout Ratio

1.12%

Stock Overview

Market Cap

$383.40MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Shares Outstanding

26.79M

Volume

144.32K

Avg. Volume

63.56K

Financials (TTM)

Gross Profit

$92.06M

Operating Income

$101.32M

EBITDA

$115.38M

Operating Cash Flow

$71.97M

Capital Expenditure

$3.00

Free Cash Flow

$71.97M

Cash & ST Invst.

$7.73M

Total Debt

$257.10M

John Hancock Preferred Income Fund Performance Analysis

John Hancock Preferred Income Fund annual revenue and year-over-year revenue growth by fiscal year
Fiscal yearPeriod endRevenueYoY growth
20222022-07-31USD 53,140,208N/A
20232023-07-31USD 12,914,999-75.7%
20242024-07-31USD 29,048,678124.9%
20252025-07-31USD 41,665,42843.4%
John Hancock Preferred Income Fund sequential (quarter-over-quarter) revenue growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q42024-07-31-0.7%
Q22025-01-31-5.5%
Q42025-07-313.8%
Q22026-01-3115.9%
John Hancock Preferred Income Fund annual diluted earnings per share and year-over-year EPS growth by fiscal year
Fiscal yearPeriod endDiluted EPSYoY growth
20222022-07-31USD -1.34N/A
20232023-07-31USD -1.19-11.2%
20242024-07-31USD 2.30N/A
20252025-07-31USD 1.37-40.3%
John Hancock Preferred Income Fund sequential (quarter-over-quarter) diluted earnings per share growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q42024-07-31-19.5%
Q22025-01-31-12.6%
Q42025-07-31-46.7%
Q22026-01-3168.8%

Revenue Growth Rate

Annual and quarterly growth comparison

Earnings Per Share Growth Rate

Annual and quarterly EPS growth comparison

Quarterly Performance

Name
Q2 2026YOY CHG

Revenue

$27.28M

+13.0%

Gross Profit

$24.60M

+28.9%

Gross Margin

90.17%

N/A

Market Cap

$383.40MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

N/A

Market Cap/Employee

N/A

N/A

Employees

0

N/A

Net Income

$21.77M

-35.5%

EBITDA

$27.99M

+30.2%

Quarterly Fundamentals

Name
Q2 2026YOY CHG

Total Cash

$7.73M

+1717.8%

Total Debt

$257.10M

+0.0%

Accounts Receivable

$6.30M

-23.3%

Inventory

$0.00

N/A

Long Term Debt

$257.10M

+0.0%

Short Term Debt

$0.00

N/A

Return on Assets

4.99%

N/A

Return on Invested Capital

7.09%

N/A

Free Cash Flow

$15.61M

-16.4%

Operating Cash Flow

$15.61M

-16.4%

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Questions About HPI

What is the current price of John Hancock Preferred Income Fund?

John Hancock Preferred Income Fund is trading at $13.87 per share.

What is the 52-week range for John Hancock Preferred Income Fund?

Over the past 52 weeks, John Hancock Preferred Income Fund has traded between $13.78 and $17.61.

How much debt does John Hancock Preferred Income Fund have?

As of the most recent reporting period, John Hancock Preferred Income Fund reported total debt of $257.10M.

How much cash does John Hancock Preferred Income Fund have on hand?

John Hancock Preferred Income Fund reported $0.00 in cash and cash equivalents in its most recent financial results.

What is John Hancock Preferred Income Fund’s dividend yield?

John Hancock Preferred Income Fund currently has a dividend yield of 10.36%.

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