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About John Hancock Preferred Income ETF
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Inception date
Dec 14, 2021
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
John Hancock Investment Management LLC
Distributor
Foreside Fund Services LLC
ISIN
US47804J7761
JHPI seeks to provide high current income by investing in a portfolio of preferred stocks and other preferred securities such as convertible preferred, corporate hybrid, and trust preferred securities. The fund generally invests in US issuers but it may invest up to 20% in USD-denominated securities of foreign issuers. To build the portfolio, the fund adviser considers sector and industry allocations and looks for undervalued securities. At least 50% of JHPIs holdings are rated investment grade. The fund may hold up to 20% of its assets in common stocks or other equities and in debt securities with equivalent credit ratings. It may also invest in contingent convertible securities and in securities issued by real estate investment trusts (REITs). Derivatives may be utilized to generate additional income or to hedge exposure. JHPI is the ETF version of the mutual fund, John Hancock Preferred Income Fund.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Corporate
Bonds, Cash & Other100.00%
Corporate93.10%
Cash4.67%
UNIT0.82%
Government0.82%
Miscellaneous0.60%
Stock breakdown by region
North America95.11%
Europe3.67%
Asia1.22%
Latin America0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
JHPI invests in bonds. The fund's major sectors are Corporate, with 93.10% stocks, and Government, with 0.82% of the basket. The assets are mostly located in the North America region.
JHPI last dividends amounted to 0.07 USD. The month before, the issuer paid 0.10 USD in dividends, which shows a 38.14% decrease.
JHPI assets under management is 114.30 M USD. It's risen 10.67% over the last month.
JHPI fund flows account for 68.30 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, JHPI pays dividends to its holders with the dividend yield of 5.77%. The last dividend (Aug 29, 2025) amounted to 0.07 USD. The dividends are paid monthly.
JHPI shares are issued by Manulife Financial Corp. under the brand John Hancock. The ETF was launched on Dec 14, 2021, and its management style is Active.
JHPI expense ratio is 0.54% meaning you'd have to pay 0.54% of your investment to help manage the fund.
JHPI follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
JHPI invests in bonds.
JHPI price has risen by 1.62% over the last month, and its yearly performance shows a 0.11% increase. See more dynamics on JHPI price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 2.01% over the last month, showed a 5.47% increase in three-month performance and has increased by 6.26% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 2.01% over the last month, showed a 5.47% increase in three-month performance and has increased by 6.26% in a year.
JHPI trades at a premium (0.27%) meaning the ETF is trading at a higher price than the calculated NAV.