John Hancock Preferred Income Fund remains rated as a hold due to premium valuation and suppressed earnings in a high-rate environment. HPI offers an 8.5% dividend yield but relies heavily on leverage ...
John Hancock Preferred Income Fund offers a 9.3% dividend yield, focusing on income from preferred stocks, convertible securities, and bonds, with a history since 2002. HPI's total return over the ...
Daniel Liberto is a journalist with over 10 years of experience working with publications such as the Financial Times, The Independent, and Investors Chronicle. Pete Rathburn is a copy editor and fact ...
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