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.
Frequently asked questions
What is the John Hancock Preferred Income ETF (JHPI) expense ratio?
The John Hancock Preferred Income ETF funds expense ratio is 0.54%.
What is John Hancock Preferred Income ETF (JHPI) current stock price?
As of the latest data, John Hancock Preferred Income ETF stock price is $21.66, with a previous close of $21.68. John Hancock Preferred Income ETF lost -$0.02 in the last trading session, representing a -0.09% loss.
Does John Hancock Preferred Income ETF (JHPI) pay dividends?
Yes. John Hancock Preferred Income ETF pays monthly dividends with an annualized yield of 6.18% and an estimated annual payout of $1.34 per share.