John Hancock Investments - Preferred Income ETF
JHPI
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Bonds
- Address
- 200 Berkeley Street Boston MA United States of America 2116
- IPO Date
- Dec 15, 2021
- CIK
- 0001478482
- Website
- jhinvestments.com
- Similar Companies
- Business
- John Hancock Preferred Income ETF (JHPI) is an actively managed exchange-traded fund that seeks a high level of current income, consistent with the preservation of capital, by investing primarily in preferred securities and other fixed-income securities in the United States. Under normal market conditions, the fund invests at least 80% of its net assets in preferred securities, including investment-grade preferred stocks, hybrid securities, and contingent convertible securities; it may also allocate to corporate bonds, mortgage-backed securities, and other income-producing instruments across sectors such as financials, utilities, and real estate. JHPI, which trades on the NYSE Arca with net assets of approximately $119 million as of late 2025, pays monthly dividends and targets retail and institutional investors seeking yield in a low-rate environment. Launched on December 14, 2021, and subadvised by Manulife Investment Management (US) LLC, an affiliate of John Hancock's parent company Manulife Financial Corporation, the ETF leverages nearly two decades of the subadvisor's expertise in preferred securities management. Manulife John Hancock Investments, the fund family overseeing JHPI as part of a broader suite of 17 ETFs with over $7.5 billion in assets, is headquartered at 200 Berkeley Street in Boston, Massachusetts, with additional operations supporting distribution across the United States. The firm operates within the asset management division of Manulife, a global financial services giant founded in 1887 (with John Hancock roots tracing to 1862), serving investors through a manager-of-managers approach that includes subadvisors like Boston Partners and Marathon Asset Management. In recent developments, Manulife John Hancock Investments expanded its active ETF lineup in August 2025 with the launch of the John Hancock Disciplined Value Select ETF (JDVL), subadvised by Boston Partners, focusing on concentrated U.S. large-cap value equities to enhance portfolio diversification options. Earlier in 2024, the firm introduced the John Hancock High Yield ETF (JHHY), subadvised by Marathon Asset Management, targeting high-yield credit opportunities amid growing demand for active fixed-income strategies. Additionally, in November 2025, Manulife acquired a 75% stake in Comvest Credit Partners to form an $18.4 billion private credit platform, bolstering its alternative credit capabilities and origination reach for institutional and retail clients. These initiatives reflect ongoing strategic growth in active ETFs and private markets, with no reported reorganizations or name changes specific to JHPI.