John Hancock Preferred Income Fund II

HPF

Market cap $341M

BOSTON, March 2, 2026 /PRNewswire/ - The John Hancock closed-end funds listed below declared their monthly distributions today as follows: Declaration Date: March 2, 2026 Ex Date: March 12, 2026 Record Date: March 12, 2026 Payment Date: March 31, 2026   Ticker Fund Name Distribution Per Share  Change From Previous Distribution Market Price as of 2/27/2026 Annualized Current Distribution Rate at Market HPI Preferred Income Fund I $0.1235 - $16.12 9.19 % HPF Preferred Income Fund II $0.1235 - $16.15 9.18 % HPS Preferred Income Fund III $0.1100 - $14.78 8.93 % PDT Premium Dividend Fund $0.0825 - $13.58 7.29 % HTD Tax-Advantaged Dividend Income Fund $0.1580 - $25.87 7.33 % John Hancock Premium Dividend Fund Premium Dividend Fund (the "Fund") declared its monthly distribution pursuant to the Fund's managed distribution plan (the "PDT Plan"). Under the PDT Plan, the Fund makes monthly distributions of an amount equal to $0.0825 per share.

We review the CEF market valuation and performance through the second week of February and highlight recent market action. CEFs overall saw higher NAVs this week, with MLPs and Utilities leading; sector discounts have tightened, rendering the market relatively expensive versus historical averages. John Hancock preferred share CEFs (HPI, HPF, HPS) maintain high distribution rates but suffer from low coverage, creating a double-whammy setup for investors.

BOSTON, Feb. 12, 2026 /PRNewswire/ - The John Hancock Closed-End Funds listed in the table below announced earnings1 for the three months ended January 31, 2026. The same data for the comparable three-month period ended January 31, 2025 is also available below.

BOSTON, Jan. 2, 2026  /PRNewswire/ - The John Hancock closed-end funds listed below declared their monthly distributions today as follows: Declaration Date: January 2, 2026 Ex Date: January 12, 2026 Record Date: January 12, 2026 Payment Date: January 30, 2026 Ticker Fund Name Distribution Per Share  Change From Previous Distribution Market Price as of 12/31/2025 Annualized Current Distribution Rate at Market HPF Preferred Income Fund II $0.1235 - $16.07 9.22 % HPS Preferred Income Fund III $0.1100 - $14.41 9.16 % PDT Premium Dividend Fund $0.0825 - $12.70 7.80 % HTD Tax-Advantaged Dividend Income Fund $0.1580 - $23.66 8.01 % John Hancock Premium Dividend Fund Premium Dividend Fund (the "Fund") declared its monthly distribution pursuant to the Fund's managed distribution plan (the "PDT Plan"). Under the PDT Plan, the Fund makes monthly distributions of an amount equal to $0.0825 per share.

BOSTON , Dec. 1, 2025 /PRNewswire/ - The John Hancock closed-end funds listed below declared their monthly distributions today as follows: Declaration Date:         December 1, 2025 Ex Date:                       December 11, 2025 Record Date:                 December 11, 2025 Payment Date:             December 31, 2025 Ticker Fund Name DistributionPer Share  Change FromPrevious Distribution Market Price asof 11/28/2025 Annualized CurrentDistribution Rate atMarket HPF Preferred Income Fund II $0.1235 - $16.43 9.02 % HPS Preferred Income Fund III $0.1100 - $14.98 8.81 % PDT Premium Dividend Fund $0.0825 - $13.12 7.55 % HTD Tax-Advantaged Dividend Income Fund $0.1580 - $24.92 7.61 % John Hancock Premium Dividend Fund Premium Dividend Fund (the "Fund") declared its monthly distribution pursuant to the Fund's managed distribution plan (the "PDT Plan"). Under the PDT Plan, the Fund makes monthly distributions of an amount equal to $0.0825 per share.

BOSTON , Nov. 10, 2025 /PRNewswire/ - The John Hancock Closed-End Funds listed in the table below announced earnings1 for the three months ended October 31, 2025. The same data for the comparable three-month period ended October 31, 2024 is also available below.

BOSTON, Nov. 3, 2025 /PRNewswire/ - The John Hancock closed-end funds listed below declared their monthly distributions today as follows.

BOSTON, MA , Oct. 30, 2025 /PRNewswire/ - John Hancock Investment Management LLC (the "Adviser") today announced changes to the portfolio management teams for John Hancock Preferred Income Fund (NYSE: HPI), John Hancock Preferred Income Fund II (NYSE: HPF), John Hancock Preferred Income Fund III (NYSE: HPS), John Hancock Premium Dividend Fund (NYSE: PDT), John Hancock Tax-Advantaged Divided Income Fund (NYSE: HTD), and John Hancock Income Securities Trust (NYSE: JHS). Each Fund is advised by the Adviser and subadvised by Manulife Investment Management (US) LLC (the "Subadviser").

John Hancock Preferred Income Fund II (HPF) remains a Hold due to inconsistent dividend coverage and limited sector diversification, primarily in financials. HPF's reliance on net realized gains and leverage, combined with elevated interest rates, restricts capital appreciation and increases risk during market downturns. The fund offers an 8.9% yield but has struggled to consistently generate enough earnings to fully support distributions, leading to NAV declines over recent years.

BOSTON , Oct. 1, 2025 /PRNewswire/ - The John Hancock closed-end funds listed below declared their monthly distributions today as follows: Declaration Date:         October 1, 2025 Ex Date:                       October 14, 2025Record Date:                October 14, 2025 Payment Date:             October 31, 2025 Ticker Fund Name Distribution Per Share  Change From PreviousDistribution Market Price as of 9/30/2025 Annualized Current DistributionRate at Market HPI Preferred Income Fund I $0.1235 - $17.35 8.54 % HPF Preferred Income Fund II $0.1235 - $16.85 8.80 % HPS Preferred Income Fund III $0.1100 - $15.44 8.55 % PDT Premium Dividend Fund $0.0825 - $13.34 7.42 % HTD Tax-Advantaged Dividend Income Fund $0.1580 - $24.80 7.65 % John Hancock Premium Dividend Fund Premium Dividend Fund (the "Fund") declared its monthly distribution pursuant to the Fund's managed distribution plan (the "PDT Plan"). Under the PDT Plan, the Fund makes monthly distributions of an amount equal to $0.0825 per share.