John Hancock Preferred Income Fund II (HPF)
Market Closed
3 Sep, 20:00
NYSE NYSE Primary $
15. 40
-0.09
-0.581%
$
- Market Cap
- Div Yield
51,490 Volume
$ 15.49
Previous Close 
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HPF: Dividends Are Still Supported Despite Limited Growth Catalysts
John Hancock Preferred Income Fund II is rated Hold, with valuation at a 5.43% NAV premium and limited near-term growth catalysts. HPF offers a 9.3% monthly dividend yield, supported by earnings but reliant on net realized gains, which may hinder long-term NAV growth. The fund uses aggressive leverage (38.77% of assets) and is heavily weighted toward financials and utilities, prioritizing income over capital appreciation.
Seekingalpha | 1 month ago
