John Hancock Preferred Etf Profile

JHPI Etf  USD 23.03  0.05  0.22%   

Performance

8 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Less than 9

 
High
 
Low
Low
John Hancock is trading at 23.03 as of the 28th of November 2024. This is a 0.22 percent increase since the beginning of the trading day. The etf's open price was 22.98. John Hancock has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for John Hancock Preferred are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of August 2024 and ending today, the 28th of November 2024. Click here to learn more.
Under normal market conditions, the fund invests at least 80 percent of its net assets in preferred stocks and other preferred securities. Jjohn Hancock is traded on NYSEARCA Exchange in the United States. More on John Hancock Preferred

Moving together with John Etf

  0.93PFF iShares PreferredPairCorr
  0.94FPE First Trust PreferredPairCorr
  0.71PGX Invesco Preferred ETFPairCorr
  0.88PFFD Global X PreferredPairCorr
  0.88VRP Invesco Variable RatePairCorr

John Etf Highlights

Thematic Ideas
(View all Themes)
Business ConcentrationTarget Outcome ETFs, Asset Allocation ETFs, Preferred Stock, John Hancock (View all Sectors)
IssuerJohn Hancock
Inception Date2021-12-14
Entity TypeRegulated Investment Company
Asset Under Management44.66 Million
Asset TypeMulti Asset
CategoryAsset Allocation
FocusTarget Outcome
Market ConcentrationBlended Development
RegionGlobal
AdministratorState Street Bank and Trust Company
AdvisorJohn Hancock Investment Management LLC
CustodianState Street Bank and Trust Company
DistributorForeside Fund Services, LLC
Portfolio ManagerJoseph H. Bozoyan, Bradley L. Lutz
Transfer AgentState Street Bank and Trust Company
Fiscal Year End30-Apr
ExchangeNYSE Arca, Inc.
Number of Constituents143
Market MakerJane Street
Total Expense1.62
Management Fee0.49
Country NameUSA
Returns Y T D11.55
NameJohn Hancock Preferred Income ETF
Currency CodeUSD
Open FigiBBG014248233
1y Volatility6.7
200 Day M A22.6131
50 Day M A23.1996
CodeJHPI
Updated At27th of November 2024
Currency NameUS Dollar
TypeETF
John Hancock Preferred [JHPI] is traded in USA and was established 2021-12-14. The fund is listed under Preferred Stock category and is part of John Hancock family. The entity is thematically classified as Target Outcome ETFs. John Hancock Preferred currently have 23.14 M in assets under management (AUM). , while the total return for the last year was 17.3%.
Check John Hancock Probability Of Bankruptcy

Geographic Allocation (%)

Sector Allocation

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on John Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding John Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as John Hancock Preferred Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

Top John Hancock Preferred Etf Constituents

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QRTEPQurate RetailPreferred StockInternet Retail
SREADBA Sempra 5750StockFinancials
UZEUnited States CellularStockUtilities
AQNAlgonquin Power UtilitiesStockUtilities
More Details

John Hancock Preferred Risk Profiles

The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in John Hancock. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.

John Hancock Against Markets

When determining whether John Hancock Preferred offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of John Hancock's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of John Hancock Preferred Etf. Outlined below are crucial reports that will aid in making a well-informed decision on John Hancock Preferred Etf:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in John Hancock Preferred. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
The market value of John Hancock Preferred is measured differently than its book value, which is the value of John that is recorded on the company's balance sheet. Investors also form their own opinion of John Hancock's value that differs from its market value or its book value, called intrinsic value, which is John Hancock's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because John Hancock's market value can be influenced by many factors that don't directly affect John Hancock's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between John Hancock's value and its price as these two are different measures arrived at by different means. Investors typically determine if John Hancock is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, John Hancock's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.