(HPI) John Hancock Preferred - Ratings and Ratios
Preferred Stock, Income Fund, Investment Securities
Description: HPI John Hancock Preferred
The John Hancock Preferred Income Closed Fund (NYSE:HPI) is a preferred stock fund listed on the NYSE, originating from the USA. As a preferred stock fund, it invests in a portfolio of preferred securities, which typically offer a higher claim on assets and dividends than common stocks.
To evaluate the funds performance, we can look at key metrics such as dividend yield, net asset value (NAV) premium/discount, and expense ratio. The funds investment objective is to provide a high level of current income, which is typically achieved through a diversified portfolio of preferred stocks. A key performance indicator (KPI) for this fund would be its ability to maintain a stable dividend payout, which is attractive to income-seeking investors.
Further analysis can be done by examining the funds portfolio composition, including the credit quality of its holdings, sector allocation, and interest rate sensitivity. A preferred stock fund like HPI is likely to be sensitive to changes in interest rates, as preferred stocks often have a fixed dividend rate. Therefore, monitoring interest rate trends and the overall economic environment is crucial in assessing the funds prospects.
Additionally, the funds closed-end structure means that it can be subject to NAV premium or discount fluctuations, which can impact investor returns. A KPI to monitor would be the funds premium/discount to NAV, as a persistent discount could indicate underlying issues or a lack of investor confidence.
HPI Fund Overview
| Market Cap in USD | 479m |
| Style | Preferred Stock |
| TER | 2.31% |
| IPO / Inception | 2002-08-27 |
HPI Fund Ratings
| Growth Rating | -1.55% |
| Fundamental | - |
| Dividend Rating | 67.4% |
| Return 12m vs S&P 500 | -12.3% |
| Analyst Rating | - |
HPI Dividends
| Dividend Yield 12m | 9.26% |
| Yield on Cost 5y | 11.15% |
| Annual Growth 5y | 0.00% |
| Payout Consistency | 94.0% |
| Payout Ratio | % |
HPI Growth Ratios
| Growth Correlation 3m | 81.8% |
| Growth Correlation 12m | -62% |
| Growth Correlation 5y | 44.7% |
| CAGR 5y | 3.90% |
| CAGR/Max DD 5y | 0.13 |
| Sharpe Ratio 12m | -0.28 |
| Alpha | -8.09 |
| Beta | 0.556 |
| Volatility | 8.92% |
| Current Volume | 69.3k |
| Average Volume 20d | 68k |
| Stop Loss | 15.6 (-3.3%) |
| Signal | 1.72 |
What is the price of HPI shares?
Over the past week, the price has changed by +1.19%, over one month by +2.30%, over three months by +4.28% and over the past year by +2.97%.
Is John Hancock Preferred a good stock to buy?
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of HPI is around 16.02 USD . This means that HPI is currently overvalued and has a potential downside of -0.74%.
Is HPI a buy, sell or hold?
What are the forecasts/targets for the HPI price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 17.8 | 10.2% |
Last update: 2025-08-22 04:39
HPI Fundamental Data Overview
CCE Cash And Equivalents = unknown
Revenue TTM is 0, using Net Income TTM 0.0 + Cost of Revenue 0.0 = 0.0 USD
Beta = None
Revenue TTM = 0.0 USD
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 478.6m USD (478.6m + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
FCF Yield = none (FCF TTM 0.0 / Enterprise Value 478.6m)
FCF Margin = unknown (Revenue TTM is 0)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 478.6m / Book Value Of Equity 0.0)
Interest Expense / Debt = 0.0% (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default)
NOPAT = 0.0 (EBIT 0.0, no tax applied on loss)
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown Debt (none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = none (Debt none / FCF TTM 0.0)
Total Stockholder Equity = unknown
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity none)
RoCE = unknown (Ebit 0.0 / (Equity none + L.T.Debt none))
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, Ebit 0.0)
WACC = unknown (E(478.6m)/V(0.0) * Re(8.06%)) + (D(none)/V(0.0) * Rd(0.0%) * (1-Tc(0.21)))
Discount Rate = 8.06% (= CAPM, Blume Beta Adj.)
Fair Price DCF = unknown (Cash Flow 0.0)
Additional Sources for HPI Fund
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle