JHancock Preferred Income II:HPF

    Manage Alerts

    Overview

    As of 4/3/2025

     Share
    Price    		NAVPremium/
    Discount
    Current$16.43$15.555.63%
    52 Wk Avg$17.08$16.225.27%
    52 Wk High$19.00$16.9313.11%
    52 Wk Low$15.39$15.42-0.06%
    Regular Distribution Type†Income Only
    Distribution Rate9.02%
    Distribution Amount$0.1235
    Distribution FrequencyMonthly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    The fund’s primary investment objective is to provide a high level of current income, consistent with preservation of capital. The fund’s secondary investment objective is to provide growth of capital to the extent consistent with its primary investment objective. The fund seeks to achieve its objectives by investing in securities that, in the opinion of the Advisor, may be undervalued relative to similar securities in the marketplace. Under normal market conditions, the fund invests at least 80% of its assets in preferred stocks and other preferred securities, including convertible preferred securities.

    Capital Structure

    As of 4/3/2025

    Total Investment Exposure:$541.985M
    Total Common Assets:$335.285M
    Common Shares Outstanding:21,561,723
    Leverage

    As of 4/3/2025

    Preferred Share Assets:
    Total Debt (USD): $206.700M
    Regulatory Leverage (USD): $206.700M
    Effective Leverage (USD): $206.700M
    Effective Leverage (%): 38.14%
    Annual Expense Ratios

    As of 7/31/2024

      Per Common Share
    Management Fees1.22%
    Other Expenses:0.10%
    Baseline Expense: N/A
    Interest Expense:3.87%
    Total: 5.19%
    Fund Management

    Fund Sponsor
    John Hancock

    Portfolio Managers
    Caryn E. Rothman, James Gearhart, Jonas Grazulis, Joseph H. Bozoyan

    Basics
    Category: Fixed Income - Taxable-Preferreds
    Ticker: HPF
    NAV Ticker: XHPFX
    Average Daily Volume (shares): 41,811
    Average Daily Volume (USD): $0.711M
    Inception Date: 11/29/2002
    Inception Share Price: $25.00
    Inception NAV: $23.88
    Tender Offer: No
    Term: No
    Fiscal Year End: July 31
    Third Party Links & Reports

    Distributions

    As of 4/3/2025

    Past performance is no guarantee of future results.
    Distribution History

    Enter declared start and end dates to display distribution history below. Income, Long Gain, Short Gain and ROC breakdowns will only be shown for the past year.

    to
    Declared Date Payable Date Ex Date Distrib Amount Income Long Gain Short Gain ROC

    *Indicates a Special Distribution: A distribution disbursed in addition to the normal distributions paid out by the company.

    Key Information Regarding Distributions†
    Avg. Earnings Per Share:
    As of 7/31/2024    		 $0.5030
    Annualized Distribution Rate on NAV:
    As of 4/3/2025    		9.53%
    Total Return on NAV (12 months):
    As of 4/3/2025    		7.00%
    Avg. Portfolio Coupon:
    As of 4/3/2025    		 5.42%
    Total % Portfolio Effectively Leveraged:
    As of 4/3/2025     		38.14%

    Pricing Information

    Premium/Discount Information
    Past performance is no guarantee of future results.
    Premium/Discount Information

    As of 4/4/2025

    PeriodAvg Discount
    6 Month5.10%
    1 Year5.27%
    3 Year3.39%
    5 Year2.70%
    Z-Score

    As of 4/3/2025

    PeriodZStat
    3 Month0.58
    6 Month0.18
    1 Year0.14
    Pricing History
     from  
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 3/31/2025
    Category: Morningstar US CEF Preferreds

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD2.76%-0.12%3.22%1.31%
    202414.85%14.75%19.96%14.32%
    202311.12%9.85%3.41%7.07%
    2022-18.25%-16.93%-22.47%-15.85%
    202118.23%11.23%8.08%8.68%
    2020-7.53%-1.64%4.66%3.39%
    201928.40%26.47%34.61%24.84%
    2018-5.25%-5.72%-10.75%-7.07%
    201714.89%11.23%15.74%14.49%
    201611.79%3.66%12.97%6.81%
    20154.12%7.50%7.23%5.58%
    201423.53%24.73%18.73%17.64%
    2013-10.14%-6.17%-4.38%2.61%
    201212.17%17.59%  
    201122.77%7.41%  
    201018.41%20.11%  
    200944.66%52.73%  
    2008-20.72%-25.97%  
    2007-20.15%-11.16%  
    200632.60%10.37%  
    2005-7.38%1.65%  
    Past performance is no guarantee of future results.
    Annualized Total Returns

    Returns for periods less than one year are cumulative rather than annualized

    As of 3/31/2025
    Category: Morningstar US CEF Preferreds

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Average Coupon:
    As of 4/3/2025    		5.42%
    Number of Holdings:
    As of 1/31/2025    		156
    Annual Portfolio Turnover:
    As of 7/31/2024    		33.00%
    Average Bond Price:
    As of 1/31/2025    		$104.58
    Asset Allocation

    As of 1/31/2025

    Top Sectors

    As of 1/31/2025

    Sector%Portfolio
    Corporate (Super Sector)95.40%
    Preferred Stock72.86%
    Corporate Bond21.56%
    Utilities1.41%
    Defensive (Super Sector)1.41%
    Convertible0.98%
    Cash Equivalents0.36%
    Cash Equivalents (Super Sector)0.36%
    Government Related0.20%
    Government (Super Sector)0.20%
    Top Holdings

    As of 1/31/2025

    HoldingValue% Portfolio
    B0354865 Irs Usd R V 00msofr$104.00M18.82%
    B0512009 Irs Usd R V 00msofr 30512009flo Ccpois$51.50M9.32%
    B6073684 Irs Usd R V 00msofr 36073684flo Ccpois$25.25M4.57%
    Wells Fargo & Co 7 1/2 % Non Cum Perp Conv Pfd Shs -A- Series -L-$8.92M1.61%
    Bank of America Corp 7 1/4 % Non-Cum Perp Conv Pfd Shs Series -L-$8.57M1.55%
    Citigroup Capital XIII Floating Rate Trust Pfd Secs Registered 2010-30.10.4$8.17M1.48%
    Edison International 5.375%$7.83M1.42%
    B6073684 Irs Usd P F 3.81650 36073684fix Ccpois$-25.14M-4.55%
    B0512009 Irs Usd P F 3.47300 30512009fix Ccpois$-51.09M-9.25%
    B0354865 Irs Usd P F 3.66240$-103.41M-18.72%
    Credit Quality

    As of 1/31/2025

    Maturity Breakdown

    As of 1/31/2025

    Country Allocation

    As of 1/31/2025

    Country% Portfolio
    United States - Fixed Income6.96%
    Canada - Fixed Income4.65%
    United States - Equity0.85%
    Spain - Fixed Income0.75%
    United Kingdom - Fixed Income0.65%
    Canada - Equity0.57%
    France - Fixed Income0.54%
    Japan - Fixed Income0.44%

    Closed-end fund historical distribution sources have included net investment income, realized gains, and return of capital. For more detailed information on the distributions of a specific fund, please visit the sponsor's website.

    NOTES:

    † Distribution type sourced from Morningstar. For specific information about a fund's distribution sources, visit the fund sponsor's website.

    The following information applies to closed-end funds in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation. Shares of closed-end funds are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

    E-2949862P-E0623W

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