John Hancock Pfd Income Fund II Pfd Income Fund II

Symbol: HPF     Sector: Financial Services     Industry: Asset Management

Dividend Yield
Current Price

Dividend Data

Dividend Yield:7.23%
Dividend per Share:$ 1.6800
Next Ex-Div Date:2019-06-12
Next Div Payout:$ 0.1400
Payment Schedule:Monthly-
Payout Ratio (ttm)n.a.
Ø 3yr Growth Rate0.00 %-
Ø 5yr Growth Rate0.00 %-

Stock Data

Type:Common Stock
Exchange:New York Stock Exchange
Current Price (*):$ 23.23
Week 52 high:$ 22.71
Week 52 low:$ 17.26
Marketcap$ 481,805,548
Return on Equity0.00 %
P/E Ratio high0.00
P/E Ratio low0.00

General Info

About: The Funds primary objective is to provide a high level of current income consistent with the preservation of capital. Growth of capital constitutes the secondary objective. Under normal market conditions the Fund will invest at least 80% of its assets in preferred stock and other preferred securities, including convertible preferred securities that are rated investment grade. The investments are allocated among various industry sectors and issuers. However, the Fund expects to emphasise investments in preferred securities issued or guaranteed by U.S. corporations in the utilities sector. It may invest up to 20% of its total assets in a) preferred securities or other fixed income securities rated below investment grade, and b) common stocks or other equity securities that are not considered preferred securities. It will not invest more than 25% of its total assets in any one industry, except in the utilities sector.

Tags:  Asset Management    Financial Services