(JHPI) John Hancock Preferred - Overview
Etf: Preferred Stocks, Hybrid Securities, Utilities Sector, Communication
Dividends
| Dividend Yield | 5.72% |
| Yield on Cost 5y | 6.61% |
| Yield CAGR 5y | -1.17% |
| Payout Consistency | 97.5% |
| Payout Ratio | - |
| Risk 5d forecast | |
|---|---|
| Volatility | 4.15% |
| Relative Tail Risk | -1.57% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.89 |
| Alpha | 2.05 |
| Character TTM | |
|---|---|
| Beta | 0.123 |
| Beta Downside | 0.175 |
| Drawdowns 3y | |
|---|---|
| Max DD | 10.01% |
| CAGR/Max DD | 0.67 |
Description: JHPI John Hancock Preferred January 20, 2026
John Hancock Preferred Income ETF (JHPI) allocates at least 80 % of its net assets to preferred securities-including convertible preferreds, corporate hybrids, trust-preferreds, and both cumulative and non-cumulative preferred shares-while concentrating its holdings in utilities and communication-sector issuers.
As of the most recent filing, JHPI carries an expense ratio of 0.55 % and manages roughly $1.2 billion in assets, delivering a distribution yield near 5.8 % (annualized). The fund’s average effective duration is about 6 years, making it moderately sensitive to changes in the Federal Funds rate; a 25 bp rise typically depresses its price by roughly 0.5 %-0.7 % while boosting its cash-flow yield.
For a deeper dive into how JHPI’s sector tilt and interest-rate exposure compare with peer ETFs, you might explore the analytics on ValueRay to see the latest risk-adjusted performance metrics.
What is the price of JHPI shares?
Over the past week, the price has changed by +0.03%, over one month by +0.89%, over three months by +2.10% and over the past year by +7.69%.
Is JHPI a buy, sell or hold?
What are the forecasts/targets for the JHPI price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 25.5 | 10.5% |
JHPI Fundamental Data Overview February 03, 2026
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 = 147.3m USD (147.3m + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
EV/FCF = unknown (FCF TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 147.3m)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 147.3m / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
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 = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 6.37% (E(147.3m)/V(147.3m) * Re(6.37%) + (debt-free company))
Discount Rate = 6.37% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Fair Price DCF = unknown (Cash Flow 0.0)