John Hancock Preferred Income ETF
Name
As of 04/19/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
2.4%
1 yr return
9.7%
3 Yr Avg Return
N/A
5 Yr Avg Return
N/A
Net Assets
$36.4 M
Holdings in Top 10
16.8%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.62%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Exchange Traded Fund
Name
As of 04/19/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
JHPI - Profile
Distributions
- YTD Total Return 2.4%
- 3 Yr Annualized Total Return N/A
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio N/A
- Dividend Yield 0.0%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameJohn Hancock Preferred Income ETF
-
Fund Family NameJohn Hancock Group of Funds
-
Inception DateDec 15, 2021
-
Shares OutstandingN/A
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerBradley Lutz
Fund Description
JHPI - Performance
Return Ranking - Trailing
Period | JHPI Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 2.4% | -8.3% | 14.4% | 96.47% |
1 Yr | 9.7% | -14.3% | 2.9% | N/A |
3 Yr | N/A* | -10.1% | 7.4% | N/A |
5 Yr | N/A* | -7.1% | 6.1% | N/A |
10 Yr | N/A* | -3.6% | 5.4% | N/A |
* Annualized
Return Ranking - Calendar
Period | JHPI Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 0.4% | -26.1% | 0.9% | N/A |
2022 | -14.8% | -1.5% | 11.1% | N/A |
2021 | N/A | -9.1% | 13.7% | N/A |
2020 | N/A | 1.6% | 7.2% | N/A |
2019 | N/A | -3.2% | -0.5% | N/A |
Total Return Ranking - Trailing
Period | JHPI Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 2.4% | -19.4% | 14.4% | 97.65% |
1 Yr | 9.7% | -14.3% | 16.6% | N/A |
3 Yr | N/A* | -10.1% | 9.3% | N/A |
5 Yr | N/A* | -5.8% | 6.1% | N/A |
10 Yr | N/A* | -2.9% | 5.4% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | JHPI Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 7.2% | -26.1% | 0.9% | N/A |
2022 | -9.5% | -1.5% | 11.1% | N/A |
2021 | N/A | -9.1% | 13.7% | N/A |
2020 | N/A | 1.7% | 7.2% | N/A |
2019 | N/A | -3.2% | -0.4% | N/A |
JHPI - Holdings
Concentration Analysis
JHPI | Category Low | Category High | JHPI % Rank | |
---|---|---|---|---|
Net Assets | 36.4 M | 12.9 M | 16.4 B | 97.67% |
Number of Holdings | 120 | 32 | 500 | 74.44% |
Net Assets in Top 10 | 6.08 M | 2.06 K | 2.37 B | 96.67% |
Weighting of Top 10 | 16.80% | 12.4% | 48.5% | 26.67% |
Top 10 Holdings
- ENERGY TRANSFER LP JR SUBORDINA 12/99 VAR 2.39%
- CITIGROUP CAPITAL XIII PREFERRED STOCK 10/40 VAR 1.74%
- WELLS FARGO and CO PREFERRED STOCK 4.75 1.73%
- NEXTERA ENERGY INC PREFERRED STOCK 09/25 6.926 1.69%
- JH COLLATERAL 1.65%
- TORONTO-DOMINION BANK/THE JR SUBORDINA 10/82 VAR 1.58%
- NISOURCE INC PREFERRED STOCK VAR 1.57%
- ALGONQUIN POWER and UTILITIES CO PREFERRED STOCK 07/79 VAR 1.51%
- ATHENE HOLDING LTD PREFERRED STOCK VAR 1.48%
- REINSURANCE GROUP OF AMERICA I PREFFERD STOCK 1.46%
Asset Allocation
Weighting | Return Low | Return High | JHPI % Rank | |
---|---|---|---|---|
Preferred Stocks | 54.47% | 2.27% | 115.85% | 35.56% |
Bonds | 42.75% | 0.00% | 83.26% | 66.67% |
Cash | 2.22% | -27.79% | 5.28% | 43.33% |
Stocks | 0.56% | -2.67% | 34.04% | 12.22% |
Other | 0.00% | -0.16% | 11.21% | 15.56% |
Convertible Bonds | 0.00% | 0.00% | 31.65% | 66.67% |
Stock Sector Breakdown
Weighting | Return Low | Return High | JHPI % Rank | |
---|---|---|---|---|
Utilities | 0.00% | 0.00% | 100.00% | 65.71% |
Technology | 0.00% | 0.00% | 0.00% | 5.71% |
Real Estate | 0.00% | 0.00% | 100.00% | 22.86% |
Industrials | 0.00% | 0.00% | 7.56% | 40.00% |
Healthcare | 0.00% | 0.00% | 4.02% | 37.14% |
Financial Services | 0.00% | 0.00% | 100.00% | 22.86% |
Energy | 0.00% | 0.00% | 14.14% | 2.86% |
Communication Services | 0.00% | 0.00% | 1.77% | 17.14% |
Consumer Defense | 0.00% | 0.00% | 0.00% | 5.71% |
Consumer Cyclical | 0.00% | 0.00% | 0.00% | 5.71% |
Basic Materials | 0.00% | 0.00% | 0.00% | 5.71% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | JHPI % Rank | |
---|---|---|---|---|
US | 0.56% | -2.67% | 34.04% | 12.22% |
Non US | 0.00% | 0.00% | 2.17% | 1.11% |
Bond Sector Breakdown
Weighting | Return Low | Return High | JHPI % Rank | |
---|---|---|---|---|
Cash & Equivalents | 1.65% | 0.00% | 8.83% | 56.67% |
Derivative | 0.00% | 0.00% | 12.03% | 23.33% |
Securitized | 0.00% | 0.00% | 0.02% | 8.89% |
Corporate | 0.00% | 62.31% | 100.00% | 37.78% |
Municipal | 0.00% | 0.00% | 0.00% | 7.78% |
Government | 0.00% | 0.00% | 21.71% | 66.67% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | JHPI % Rank | |
---|---|---|---|---|
US | 42.75% | 0.00% | 66.52% | 65.56% |
Non US | 0.00% | 0.00% | 22.86% | 70.00% |
JHPI - Expenses
Operational Fees
JHPI Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.62% | 0.22% | 2.45% | 80.22% |
Management Fee | 0.49% | 0.00% | 1.00% | 13.95% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.55% | N/A |
Sales Fees
JHPI Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.00% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 2.25% | N/A |
Trading Fees
JHPI Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | N/A | N/A | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
JHPI Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | 12.00% | 199.00% | 16.22% |
JHPI - Distributions
Dividend Yield Analysis
JHPI | Category Low | Category High | JHPI % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 9.57% | 69.89% |
Dividend Distribution Analysis
JHPI | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Quarterly | Monthly | Quarterly |
Net Income Ratio Analysis
JHPI | Category Low | Category High | JHPI % Rank | |
---|---|---|---|---|
Net Income Ratio | N/A | 0.88% | 7.54% | 32.10% |
Capital Gain Distribution Analysis
JHPI | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Mar 28, 2024 | $0.123 | OrdinaryDividend |
Feb 29, 2024 | $0.084 | OrdinaryDividend |
Jan 31, 2024 | $0.019 | OrdinaryDividend |
Dec 29, 2023 | $0.257 | OrdinaryDividend |
Nov 30, 2023 | $0.083 | OrdinaryDividend |
Oct 31, 2023 | $0.104 | OrdinaryDividend |
Sep 29, 2023 | $0.167 | OrdinaryDividend |
Aug 31, 2023 | $0.084 | OrdinaryDividend |
Jul 31, 2023 | $0.097 | OrdinaryDividend |
Jun 30, 2023 | $0.166 | OrdinaryDividend |
May 31, 2023 | $0.098 | OrdinaryDividend |
Apr 28, 2023 | $0.083 | OrdinaryDividend |
Mar 31, 2023 | $0.169 | OrdinaryDividend |
Feb 28, 2023 | $0.080 | OrdinaryDividend |
Jan 31, 2023 | $0.010 | OrdinaryDividend |
Dec 30, 2022 | $0.244 | OrdinaryDividend |
Nov 30, 2022 | $0.111 | OrdinaryDividend |
Oct 31, 2022 | $0.088 | OrdinaryDividend |
Sep 30, 2022 | $0.163 | OrdinaryDividend |
Aug 31, 2022 | $0.087 | OrdinaryDividend |
Jul 29, 2022 | $0.071 | OrdinaryDividend |
Jun 30, 2022 | $0.143 | OrdinaryDividend |
May 31, 2022 | $0.083 | OrdinaryDividend |
Apr 29, 2022 | $0.088 | OrdinaryDividend |
Mar 31, 2022 | $0.173 | OrdinaryDividend |
Feb 28, 2022 | $0.078 | OrdinaryDividend |
Jan 31, 2022 | $0.027 | OrdinaryDividend |
Dec 30, 2021 | $0.062 | OrdinaryDividend |
JHPI - Fund Manager Analysis
Managers
Bradley Lutz
Start Date
Tenure
Tenure Rank
Dec 14, 2021
0.46
0.5%
Brad Lutz is a managing director, portfolio manager and senior investment analyst for John Hancock Asset Management. Prior to joining the firm, he held analyst positions at Declaration Management & Research, Summit Investment Partners and Pacholder Associates, Inc. He has been with the investment management industry since 1993, a B.S. from Miami University and holds the Chartered Financial Analyst designation.
Joseph Bozoyan
Start Date
Tenure
Tenure Rank
Dec 14, 2021
0.46
0.5%
Joseph H. Bozoyan, CFA Portfolio Manager, Global Credit, Manulife Investment Management Joe is a portfolio manager on the firm’s global credit team. Previously, he was a portfolio manager on the firm’s preferred income team and, prior to that, a senior investment analyst on the company’s intrinsic value team, providing dedicated research for all strategies managed by that team. Education: B.S., Finance, Providence College; M.B.A., Boston College, Carroll School of Management Joined the company: 2011 Began career: 1993
Caryn Rothman
Start Date
Tenure
Tenure Rank
Mar 31, 2022
0.17
0.2%
Caryn E. Rothman is a managing director at Manulife Investment Management, serving as co-head on the High Yield and Floating Rate Income strategies and as sector lead for Consumer and Healthcare on the U.S. Credit Research Team. Previously, Caryn was a senior research analyst for the fixed income team, providing coverage on the retail, consumer products, food & beverage, restaurants, healthcare and pharmaceuticals industries. Caryn is a value-oriented fundamental investor with over 20 years of experience investing across the full spectrum of leveraged credit opportunities.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.09 | 30.32 | 7.94 | 11.42 |