John Hancock Preferred Income Fund

HPI

Market cap $431M

BOSTON, April 1, 2026 /PRNewswire/ - The John Hancock closed-end funds listed below declared their monthly distributions today as follows

John Hancock Preferred Income Fund is now rated a buy, trading at a 0.26% premium to NAV and offering a 9.7% yield. HPI's income-focused strategy leverages preferred securities and corporate bonds, with 59.94% investment-grade exposure and aggressive 38.64% leverage. Performance is poised to improve as interest rates decline, enhancing operating spreads and supporting higher valuations, especially with AI infrastructure-linked utilities exposure.

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 , Dec. 19, 2025 /PRNewswire/ - The John Hancock closed-end Preferred Income Fund declared its monthly distribution today as follows: Declaration Date: December 19, 2025 Ex Date: December 29, 2025 Record Date: December 29, 2025 Payment Date: January 30, 2026 Ticker Fund Name DistributionPer Share  Change FromPrevious Distribution Market Price asof 12/18/2025 Annualized CurrentDistribution Rate atMarket HPI Preferred Income Fund I $0.1235 - $16.47 9.00 % The Fund listed above has accelerated the declaration, ex-date, and record date of the regularly scheduled January 2026 distribution in order for the Fund to meet its 2025 distribution requirement for federal excise tax purposes. In February 2026, the above Fund expects to resume its regular monthly declaration, distribution and payment schedule.

BOSTON , Dec. 1, 2025 /PRNewswire/ - The John Hancock closed-end Preferred Income Fund declared its monthly distribution today as follows: Declaration Date:         December 1, 2025 Ex Date:                       December 11, 2025 Record Date:                 December 11, 2025 Payment Date:             December 18, 2025   Ticker Fund Name DistributionPer Share  Change FromPrevious Distribution Market Price asof 11/28/2025 Annualized CurrentDistribution Rate atMarket HPI Preferred Income Fund I $0.1235 - $16.95 8.74 % A portion of a Fund's current distribution may include sources other than net investment income, including a return of capital. Investors should understand that a return of capital is not a distribution from income or gains of a Fund.

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").