August 30, 2016 11:15 AM ET

Capital Markets

Company Overview of John Hancock Preferred Income Fund

Company Overview

John Hancock Preferred Income Fund is a closed-ended balanced mutual fund launched and managed by John Hancock Advisers, LLC. It is co-managed by John Hancock Asset Management. The fund invests in the public equity and fixed income markets of the United States. It seeks to invest in securities of companies operating across diversified sectors. The fund primarily invests in preferred value stocks of companies, convertible preferred securities, and investment grade fixed-income securities rated investment grade or higher by Moody’s or Standard & Poor’s. It benchmarks the performance of its portfolio against the Bank of America Merrill Lynch Hybrid Preferred Securities Index and Barclays U.S. A...

601 Congress Street

Boston, MA 02210-2805

United States

Founded in 2002

Key Executives for John Hancock Preferred Income Fund

Chief Financial Officer
Age: 59
Treasurer
Age: 51
Portfolio Manager
Portfolio Manager
Chief Compliance Officer
Age: 69
Compensation as of Fiscal Year 2016.

John Hancock Preferred Income Fund Key Developments

John Hancock Preferred Income Fund Reports Earnings Results for the Three Months Ended July 31, 2016

John Hancock Preferred Income Fund reported earnings results for the three months ended July 31, 2016. For the three months, the company reported net investment income of $10,823,328 or $0.416 per common share compared to $10,704,700 or $0.412 per common share a year ago. Net asset value as at July 31, 2016 was $22.82 compared to $21.75 a year ago.

John Hancock Preferred Income Fund Declares Monthly Distribution, Payable on Aug. 31, 2016

John Hancock Preferred Income Fund declared monthly distribution of $0.1400 per share. The distribution is payable on Aug. 31, 2016, record date is Aug. 11, 2016 and ex dividend date is Aug. 9, 2016.

John Hancock Preferred Income Fund Declares Monthly Distribution, Payable on July 29, 2016

John Hancock Preferred Income Fund declared monthly distribution of $0.1400 per share. The distribution is payable on July 29, 2016, record date is July 11, 2016 and ex dividend date is July 7, 2016.

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Recent Private Companies Transactions

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