John Hancock Preferred Income ETF (JHPI)

Overview

The John Hancock Preferred Income ETF (HPI) seeks to provide a high level of current income consistent with prudent investment risk by investing primarily in a portfolio of preferred securities.

Reputation and Reliability

John Hancock is a well-established financial services company with a long history and a strong reputation.

Management Expertise

The management team has experience in fixed income and preferred security investing.

Goal

To provide a high level of current income consistent with prudent investment risk.

Investment Approach and Strategy

Strategy: HPI invests primarily in preferred securities, which are hybrid securities with characteristics of both debt and equity.

Composition The ETF holds preferred stocks issued by corporations, banks, and other financial institutions.

Market Share: Data unavailable to provide accurate market share for HPI.

Total Net Assets (AUM): 98880000

Key Competitors

• PGX
• PFF
• SPFF

Competitive Landscape

The preferred income ETF market is competitive, with several well-established players. HPI's advantage is John Hancock's established name; disadvantages compared to larger competitors include a potentially lower trading volume and higher expense ratio.

Historical Performance: Historical performance data unavailable.

Benchmark Comparison: Benchmark comparison data unavailable.

Expense Ratio: 0.5

Average Trading Volume

The ETF's average trading volume provides adequate liquidity for most investors.

Bid-Ask Spread

The bid-ask spread is generally reasonable, indicating relatively efficient trading.

Market Environment Factors

Interest rate movements, credit spreads, and the financial health of issuers of preferred securities affect HPI's performance.

Growth Trajectory

The ETF's growth trajectory is influenced by the demand for income-generating investments and the performance of the preferred securities market; strategy and holding changes will shift this dynamic.

Competitive Edge

HPI benefits from John Hancock's brand recognition and expertise in managing fixed income assets. The ETF provides diversified exposure to preferred securities. However, other ETF options can be less expensive and offer similar exposure. Ultimately, the ETF is trying to provide higher returns than its peers. The fund's performance depends on the manager's skill in selecting preferred securities that offer attractive yields and risk-adjusted returns.

Volatility

Volatility depends on the underlying preferred stocks and broader market conditions.

Market Risk

Risks include interest rate risk, credit risk (the risk that issuers may default), and market risk (overall market downturns).

Ideal Investor Profile

HPI is best suited for income-seeking investors, particularly those nearing or in retirement, or those who want to diversify portfolios with fixed-income assets.

Market Risk

This ETF is suitable for long-term investors or those who desire a steady stream of income.

John Hancock Preferred Income ETF aims to generate income by investing in preferred securities. Its performance depends on interest rates, credit spreads, and the quality of its holdings. Investors should consider interest rate risk and issuer credit risk. The ETF may be suitable for income-seeking investors who understand preferred security investments. Investors should compare its expense ratio and performance to its competitors before deciding to invest.

Data Sources:

• John Hancock Official Website
• SEC Filings

Disclaimers:

This analysis is for informational purposes only and does not constitute financial advice. Investment decisions should be based on individual circumstances and consultation with a financial advisor.