If You Invested in John Hancock Preferred Income Fund (HPI)
Looking for the live price? See the HPI quote & overviewWhat $1,000 or $10,000 in HPI Would Be Worth Today
Real historical value by amount invested and how long ago| If you invested | 1 year ago | 5 years ago | 10 years ago | Since Jul 7, 2015 |
|---|---|---|---|---|
| $1,000 | $1,010 +1% | $751 -25% | $702 -30% | $831 -17% |
| $10,000 | $10,099 +1% | $7,510 -25% | $7,022 -30% | $8,307 -17% |
Based on real historical closing prices through the latest market close. Past performance does not guarantee future results.
Custom Calculation
Choose your own date and amount for HPI$1,000 Investment Over Time
HPI vs S&P 500Year-by-Year Returns
HPI annual performance| Year | Start Price | End Price | Annual Return | Cumulative |
|---|---|---|---|---|
| 2017 | $20.58 | $21.42 | +4.1% | +4.1% |
| 2018 | $21.40 | $18.84 | -12.0% | -8.5% |
| 2019 | $19.12 | $22.81 | +19.3% | +10.8% |
| 2020 | $22.89 | $19.68 | -14.0% | -4.4% |
| 2021 | $19.44 | $20.75 | +6.7% | +0.8% |
| 2022 | $20.63 | $16.05 | -22.2% | -22.0% |
| 2023 | $16.24 | $15.78 | -2.8% | -23.3% |
| 2024 | $15.70 | $16.63 | +5.9% | -19.2% |
| 2025 | $16.78 | $16.19 | -3.5% | -21.3% |
| 2026 | $16.32 | $16.29 | -0.2% | -20.8% |
About John Hancock Preferred Income Fund
Financial Services · NYSE
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.
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Frequently Asked Questions
John Hancock Preferred Income Fund investment returns
How much would $1,000 invested in John Hancock Preferred Income Fund be worth today?
If you invested $1,000 in John Hancock Preferred Income Fund (HPI) 10 years ago on 2016-07-06, your investment would be worth $702 today, representing a -29.8% total return, growing at a compounded rate of -3.5% per year (CAGR).
Has John Hancock Preferred Income Fund outperformed the S&P 500?
Over the past 10 years, HPI returned -29.8% compared to +255.2% for the S&P 500, underperforming the benchmark by 285.0 percentage points.
What is John Hancock Preferred Income Fund's average annual return?
The compound annual growth rate (CAGR) of HPI over the past 10 years is -3.5%, growing at a compounded rate each year. Individual years vary significantly — HPI's best recent year was 2019 (+19.3%) and worst was 2022 (-22.2%).
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For informational and educational purposes only — not investment advice.
