John Hancock Preferred Income Fund II

John Hancock Preferred Income Fund II (HPF) is a closed-end fixed income mutual fund that primarily invests in preferred securities and investment-grade fixed-income instruments. The fund focuses on preferred stocks, convertible preferred securities, and bonds rated investment grade or higher by Moody's or Standard & Poor's. It targets diversified sectors within the U.S. fixed income market, aiming to provide income and capital appreciation. The fund is managed by John Hancock Investment Management LLC and co-managed by John Hancock Asset Management. Its performance is benchmarked against the Bank of America Merrill Lynch Hybrid Preferred Securities Index and the Barclays U.S. Aggregate Bond Index.

John Hancock Preferred Income Fund II (HPF) is listed on the New York Stock Exchange (NYSE) under the ticker symbol HPF. The fund trades in U.S. dollars (USD), as it is domiciled in the United States and invests primarily in U.S. fixed income markets. Investors can buy and sell shares of the fund on the NYSE during regular trading hours, with transactions settled in USD.

John Hancock Preferred Income Fund II (HPF) operates in the Financial Services sector, specifically within the Asset Management industry. As a closed-end fund, it falls under the category of asset management companies that pool investor capital to invest in a diversified portfolio of securities. The fund's primary focus is on fixed income and preferred securities, making it part of the broader investment management landscape.

John Hancock Preferred Income Fund II (HPF) is domiciled in the United States and serves the U.S. fixed income market. The fund invests primarily in securities of companies operating across diversified sectors within the United States. While the fund's manager, John Hancock Investment Management LLC, is based in the U.S., the fund itself is a closed-end fund that trades on the NYSE, making it accessible to U.S. and international investors who can trade on that exchange.

John Hancock Preferred Income Fund II (HPF) generates returns through a combination of income from dividends and interest payments on its portfolio holdings, as well as potential capital appreciation. The fund invests primarily in preferred stocks, convertible preferred securities, and investment-grade fixed-income securities. Preferred stocks typically offer higher yields than common stocks but with lower volatility, while convertible securities provide the option to convert into common shares. The fund's management team selects securities based on credit quality, yield, and diversification across sectors. By focusing on investment-grade ratings, the fund aims to mitigate default risk while seeking steady income. The fund's performance is benchmarked against indices like the Bank of America Merrill Lynch Hybrid Preferred Securities Index.