JHPIJohn Hancock Preferred Income ETF

Get income4y track recordRanked #733 of 1,622 in this goal

Seeks a high level of current income while preserving capital.

By John Hancock · Launched 2021

Annual Cost

0.54%

#2,755 of 5,562 · average

Fund Size

$197M

#2,318 of 5,562 · mid-size

Dividend YieldGoal

5.80%

Track Record

4 years

#2,564 of 5,562 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$10,784+7.8%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Fixed income

Region

North america

Strategy

Active selection

What it actually holds

By weight

Concentration

Top 10 holdings = 13.3% of fund✓ well diversified

JH COLLATERAL

3.9%

NextEra Energy Inc.

1.2%

AltaGas Ltd.

1.1%

Sunoco LP

1.1%

Phillips 66 Company

1.0%

TXNM Energy Inc.

1.0%

Brookfield Infrastructure Finance ULC

1.0%

Venture Global LNG Inc

1.0%

The Southern Company

1.0%

Spire Inc.

1.0%

Asset allocation

Preferred

57.8%

Bonds

34.9%

Cash

2.9%

Convertible

2.8%

Stocks

1.1%

Other

0.5%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

3.4%Low

Year-on-year price swings

Max drawdown

-13.4%Mild

Worst peak-to-trough loss

Sharpe (3Y)

1.13Strong risk-adjusted returns

Sortino (3Y)

1.67Good downside protection

Bond profile

Duration

6.9 years

Avg maturity

9.9 years

Credit ratings

AAA

5.2%

2.6%

BBB

46.3%

40.8%

3.9%

Other

1.4%

Where to buy

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks a high level of current income while preserving capital.
Strategy: Actively managed ETF investing primarily in preferred stocks and securities, focusing on undervalued opportunities. May invest in common stocks and debt securities, with a concentration in utilities, communication, and financial sectors.
Inception date: December 14, 2021
Fund family: John Hancock