John Hancock Exchange-Traded Fund Trust John Hancock Preferred Income ETFJohn Hancock Exchange-Traded Fund Trust John Hancock Preferred Income ETFJohn Hancock Exchange-Traded Fund Trust John Hancock Preferred Income ETF

John Hancock Exchange-Traded Fund Trust John Hancock Preferred Income ETF

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Key stats


Assets under management (AUM)
‪44.87 M‬USD
Fund flows (1Y)
‪8.83 M‬USD
Dividend yield (indicated)
6.20%
Discount/Premium to NAV
0.4%

About John Hancock Exchange-Traded Fund Trust John Hancock Preferred Income ETF


Issuer
Manulife Financial Corp.
Brand
John Hancock
Expense ratio
0.54%
Inception date
Dec 14, 2021
Index tracked
No Underlying Index
Management style
Active
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


Asset Class
Fixed income
Category
Corporate, preferred
Focus
Broad credit
Niche
Broad maturities
Strategy
Active
Weighting scheme
Proprietary
Selection criteria
Proprietary

Returns


1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund


As of December 9, 2024
Exposure type
StocksBonds, Cash & Other
Finance
Utilities
Corporate
Stocks75.18%
Finance56.74%
Utilities12.11%
Communications3.28%
Energy Minerals1.19%
Electronic Technology0.66%
Consumer Services0.66%
Distribution Services0.56%
Bonds, Cash & Other24.82%
Corporate20.94%
Cash2.34%
Miscellaneous0.84%
UNIT0.70%
Top 10 holdings

Dividends


Dividend payout history

Assets under management (AUM)



Fund Flows