John Hancock Preferred Income Fund

John Hancock Preferred Income Fund (HPI) is a closed-ended balanced mutual fund that invests in both public equity and fixed-income markets in the United States. It primarily focuses on preferred stocks, convertible preferred securities, and investment-grade fixed-income securities rated at least investment grade by Moody's or Standard & Poor's. The fund targets diversified sectors and benchmarks its performance against the Bank of America Merrill Lynch Hybrid Preferred Securities Index and the Barclays U.S. Aggregate Bond Index. It is managed by John Hancock Investment Management LLC, with co-management from John Hancock Asset Management. The fund was formed on August 27, 2002, and is domiciled in the United States.

John Hancock Preferred Income Fund (HPI) is listed on the New York Stock Exchange (NYSE) under the ticker symbol HPI. It trades in U.S. dollars (USD), as the fund is domiciled in the United States and primarily invests in U.S. securities. The NYSE listing provides liquidity and accessibility for investors looking to trade shares of this closed-end fund.

John Hancock Preferred Income Fund (HPI) operates within the Financial Services sector, specifically in the Asset Management industry. As a closed-end fund, it manages a portfolio of preferred stocks, convertible securities, and investment-grade bonds, generating income and capital appreciation for its shareholders. The fund's activities are focused on asset management, including security selection, portfolio rebalancing, and performance benchmarking against major indices.

John Hancock Preferred Income Fund (HPI) is domiciled in the United States and invests exclusively in U.S. markets. Its portfolio comprises securities of companies operating across diversified sectors within the United States. The fund does not have international exposure, as its investment mandate is limited to U.S. public equity and fixed-income markets. This geographic focus allows it to concentrate on domestic preferred stocks and investment-grade bonds, aligning with its benchmark indices that track U.S. securities.