John Hancock Preferred Income Fund closed at $13.87 on Sep 28, down 3.07%, within 0.0% of its 52-week closing low. Volume of 144.4K shares was 1.35× its 20-day average (above normal).
Split-adjusted performance: -12.5% over one month, -9.3% over six months, -19.3% over one year.
Short interest was 213.0K shares at the Sep 15 settlement, down 17.1% from the prior report (0.8% of float, 3.4 days to cover).
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Quick answers
What does John Hancock Preferred Income Fund do?
John Hancock Preferred Income Fund is a closed-end, diversified management investment company. Its primary investment objective is to provide a high-level of current income consistent with preservation of capital.
What is HPI's market cap?
$371.61M, based on the Sep 28 close of $13.87.
Does John Hancock Preferred Income Fund pay a dividend?
Yes. The latest regular dividend was $0.1235 per share (ex-date Sep 11), an annualised yield of 10.68%.
How much of HPI is sold short?
213.0K shares, 0.8% of float, as of Sep 15, 2026.
About John Hancock Preferred Income Fund
John Hancock Preferred Income Fund is a closed-end, diversified management investment company. Its primary investment objective is to provide a high-level of current income consistent with preservation of capital. The fund's secondary investment objective is to provide growth of capital to the extent consistent with its primary investment objective. It seeks to achieve its investment objectives by investing in securities that may be undervalued relative to similar securities in the marketplace. The fund's principal investment strategies include investing a majority of its assets in preferred stocks and other preferred securities. Its portfolio composition consists of U.S preferred securities, common stocks, foreign preferred securities, corporate bonds, and short-term investments.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology