Loading…
Loading…
The strategy aims to deliver robust ongoing income, all while diligently protecting the underlying capital.
Is JHPI's expense ratio expensive, average, or a steal for its category?
Pro reveals the verdict on a 5-tier spectrum calibrated against ICI 2025 industry averages, with strategy-aware bands so the comparison is meaningful.
The John Hancock Preferred Income ETF outperformed its benchmark, the ICE BofA U.S. All Capital Securities Index, during the first quarter. The fund's security selection within the communications and electric utility sectors was the primary contributor to outperformance, while an allocation to swap instruments offset these gains. The successful positioning in preferred securities from major financial institutions undergoing transformative mergers, including Fifth Third Bancorp and Pinnacle Financial Partners, contributed meaningfully to performance.
Burk Holdings LLC bought a new stake in John Hancock Preferred Income ETF (NYSEARCA:JHPI) during the undefined quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 122,850 shares of the company's stock, valued at approximately $2,846,000. John Hancock Preferred Income ETF comprises 1.5% of Burk
Osaic Holdings Inc. raised its position in John Hancock Preferred Income ETF (NYSEARCA:JHPI) by 109.7% during the undefined quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 59,760 shares of the company's stock after buying an additional 31,264 shares
The U.S. bond market rose in the third quarter due to falling bond yields. The fund outperformed its benchmark, the ICE BofA U.S. All Capital Securities Index. Security selection within the electric utility sector was the primary contributor to outperformance, while an underweight allocation to the insurance sector was the main detractor.
The U.S. bond market declined in Q4 2024 as bond yields rose sharply despite Fed rate cuts, driven by strong economic data and geopolitical factors. The John Hancock Preferred Income ETF outperformed its benchmark due to strong security selection in the banking sector and preferred stock, but underperformed in the communications and energy sectors. Opportunities exist in lower capital structures of high-quality businesses for income generation and capital preservation, with a preference for defensive sectors like electric utilities.