Home 
Today's Top Picks 
Top Performers 
Watchlist 
My Robo Portfolios 
ETF Zone 
Help & Tutorial 
Cancel anytime
- Chart
- Upturn Summary
- Highlights
Upturn AI SWOT - About
John Hancock Preferred Income ETF (JHPI)
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)
Stock price based on last close (see disclosures)
- ALL
- YEAR
- MONTH
- WEEK
Upturn Advisory Summary
03/27/2025: JHPI (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Outstanding Performance
These Stocks/ETFs, based on Upturn Advisory, have historically outperformed the market, making them a top-tier choice for investors.
Analysis of Past Performance
Type ETF | Historic Profit 15.89% | Avg. Invested days 82 | Today’s Advisory WEAK BUY |
Upturn Star Rating | Upturn Advisory Performance  5.0 | ETF Returns Performance  3.0 |
| Profits based on simulation | Last Close 03/27/2025 |
Key Highlights
Volume (30-day avg) 31396 | Beta 0.82 | 52 Weeks Range 20.65 - 22.86 | Updated Date 03/27/2025 |
52 Weeks Range 20.65 - 22.86 | Updated Date 03/27/2025 |
Upturn AI SWOT
John Hancock Preferred Income ETF
ETF Overview
Overview
The John Hancock Preferred Income ETF (HPI) seeks to provide a high level of current income consistent with prudent investment risk by investing primarily in preferred securities. It focuses on the preferred stock sector, allocating its assets across various issuers and industries. The investment strategy emphasizes active management to identify undervalued preferred securities.
Reputation and Reliability
John Hancock Investments is a well-established asset management firm with a long history and strong reputation.
Management Expertise
The management team has extensive experience in fixed income and preferred securities investing.
Investment Objective
Goal
To seek a high level of current income consistent with prudent investment risk.
Investment Approach and Strategy
Strategy: Actively managed, focusing on identifying undervalued preferred securities.
Composition Primarily invests in preferred stocks and other income-producing securities.
Market Position
Market Share: HPI's market share within the preferred stock ETF sector is substantial but not dominant.
Total Net Assets (AUM): 85870000
Competitors
Key Competitors
- PFF
- PGX
- SPFF
- PSK
Competitive Landscape
The preferred stock ETF market is competitive with several large players. HPI differentiates itself through active management. Advantages include the potential for outperformance through security selection, while disadvantages include higher expense ratios and potential for underperformance relative to passively managed index funds.
Financial Performance
Historical Performance: Historical performance data should be reviewed via investment services, acknowledging past performance doesn't guarantee future results.
Benchmark Comparison: Compare the ETF's performance against a preferred stock index to assess effectiveness.
Expense Ratio: 0.55
Liquidity
Average Trading Volume
HPI exhibits moderate liquidity, reflected in its average daily trading volume.
Bid-Ask Spread
The bid-ask spread for HPI is typically competitive, but can vary based on market conditions.
Market Dynamics
Market Environment Factors
Interest rate changes, credit spreads, and economic growth can all affect HPI's performance.
Growth Trajectory
Growth depends on the preferred securities market and the manager's ability to identify opportunities. Any shift in management or significant changes to holdings need monitoring.
Moat and Competitive Advantages
Competitive Edge
HPI's primary advantage is its active management, potentially leading to superior security selection and higher income. It offers exposure to preferred securities through a professionally managed portfolio. The fund can also potentially adjust its holdings more dynamically than passive index funds. Actively seeking undervalued preferred securities may enhance returns compared to passive strategies, but it introduces manager risk.
Risk Analysis
Volatility
Preferred securities are generally less volatile than common stocks, but still subject to market fluctuations.
Market Risk
HPI is exposed to interest rate risk, credit risk (issuers may default), and market risk.
Investor Profile
Ideal Investor Profile
Income-seeking investors who are comfortable with moderate risk and desire exposure to preferred securities.
Market Risk
Suitable for long-term investors looking for income generation within a diversified portfolio.
Summary
John Hancock Preferred Income ETF (HPI) offers actively managed exposure to preferred securities, aiming for high current income. Its performance depends on the manager's stock-picking ability and the overall health of the preferred stock market. The ETF carries moderate risk, making it suitable for income-focused investors. AUM is relatively low, liquidity is reasonable, and the expense ratio is moderate for an actively managed fund. Performance compared to benchmarks and peers provides insights into management effectiveness and should be reviewed frequently.
Similar Companies
- PFF
- PGX
- SPFF
- PSK
- FPE
Sources and Disclaimers
Data Sources:
- John Hancock Investments Website
- ETF.com
- Morningstar
Disclaimers:
The data and analysis provided are for informational purposes only and should not be considered investment advice. Past performance is not indicative of future results. Investment decisions should be made based on individual circumstances and after consulting with a qualified financial advisor.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About John Hancock Preferred Income ETF
Exchange NYSE ARCA | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
Under normal market conditions, the fund invests at least 80% of its net assets in preferred stocks and other preferred securities. Preferred stocks and preferred securities include, but are not limited to, convertible preferred securities, corporate hybrid securities, trust preferred securities, cumulative and non-cumulative preferred stock, and depositary shares of preferred stock. The adviser will concentrate its investments in the group of industries that comprise the utilities and the communication sectors.
Upturn is now on iOS and Android!
Experience Upturn on your mobile. Install it now!
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.