John Hancock Preferred Income Fund (HPI) Stock Price, News & Analysis
What Changed
Price Move History
- Daily moves over 5%
- 0 252 sessions, October 3, 2025 to October 5, 2026
- Largest daily move
- -3.1% close of September 28, 2026
- 1-year change
- -20.7% closing prices, October 3, 2025 to October 5, 2026
- 1-month change
- -12% closing prices, September 4, 2026 to October 5, 2026
Company Description
John Hancock Preferred Income Fund (HPI) is a closed-end, diversified management investment company that seeks a high level of current income consistent with preservation of capital. The fund has a secondary objective of capital growth to the extent that goal is consistent with its income objective. HPI is an income-oriented fund vehicle rather than an operating company; its public security represents an interest in a managed investment portfolio.
The fund's principal strategy centers on preferred stocks and other preferred securities. It seeks to invest in securities that may be undervalued relative to similar securities in the marketplace. Its portfolio composition can include U.S. preferred securities, foreign preferred securities, common stocks, corporate bonds, and short-term investments.
As a closed-end fund, HPI's company profile is defined by investment objectives, portfolio composition, shareholder governance, and investment-company oversight. Proxy materials identify shareholder voting matters such as the election of Trustees, whose oversight role includes monitoring fund performance and fees. The fund's public disclosures therefore emphasize fund governance and portfolio management topics rather than the operating segments, product sales, or customer contracts associated with an industrial or commercial issuer.
Stock Performance
John Hancock Preferred Income Fund (HPI) closed at $13.81 on October 5, 2026. Over the past 12 months, the price has lost 20.7%.
HPI Metrics & Rankings
Price returns through October 5, 2026. Month-to-date and YTD include the first trading day. Ranking links may use different dates.
Latest News
John Hancock Preferred Income Fund has 10 recent news articles. Of the recent coverage, 4 articles coincided with positive price movement and 5 with negative movement. View all HPI news →
SEC Filings
John Hancock Preferred Income Fund has filed 7 recent SEC filings, including 4 Form 3, 2 Form 4, 1 Form DEF 14A. The most recent filing was submitted on September 28, 2026. SEC filings provide transparency into a company's financial condition, material events, and regulatory compliance. View all HPI SEC filings →
Short Interest History
Short interest in John Hancock Preferred Income Fund (HPI) currently stands at 213.0 thousand shares, down 17.1% from the previous reporting period, representing 0.8% of the shares outstanding. Since October 2025, short interest has decreased by 35.7%.
Days to Cover History
Days to cover for John Hancock Preferred Income Fund (HPI) currently stands at 3.4 days, down 36.2% from the previous period. The ratio is the reported short interest divided by the average daily trading volume. Since October 2025, the figure has decreased by 36.9%. Across the settlements charted above, it has ranged from 1.0 to 9.2 days.
HPI Company Profile & Sector Positioning
John Hancock Preferred Income Fund (HPI) operates in the Asset Management industry within the broader Financial Services sector and is listed on the NYSE. Among dividend-paying stocks, HPI ranks #192 by dividend yield.
Investors comparing HPI often look at related companies in the same sector, including Pennant Investment Corp (PNNT), Duff & Phelps Utility and Infrastructure Fund Inc. (DPG), Barings Corporate Investors (MCI), Eaton Vance Tax-Advantaged Global Div Oppor. Fund (ETO), and Blackrock Muniholdings Investment Quality Fund (MFL). Comparing financial metrics, valuation ratios, and stock performance across these peers can help investors evaluate HPI's relative position within its industry.