JHPI

Fund Description
The fund is an ETF, which is a fund that trades like other publicly-traded securities. The fund is not an index fund. The fund is actively managed and does not seek to replicate the performance of a specified index. Under normal market conditions, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in preferred stocks and other preferred securities. Preferred stocks and preferred securities include, but are not limited to, convertible preferred securities, corporate hybrid securities, Trust Preferred Securities (defined below), cumulative and non-cumulative preferred stock, and depositary shares of preferred stock. Preferred securities generally pay fixed or adjustable-rate distributions to investors and have preference over common stock in the payment of distributions and the liquidation of a company s assets, but are generally junior to all forms of the company s debt, including both senior and subordinated debt.
Fund Profile
Fund Name John Hancock Preferred Income ETF
Fund Exchange Ticker JHPI
Fund Sponsor John Hancock Funds
Fund ISIN US47804J7761
Net Expense Ratio 0.54 %
Fund Inception Date 14 December 2021
Fund Legal Structure ETF (Open end fund)
Exchange NYSE Arca
Listing Country Code US
Fund Investment Objective
ETF Type Specific Multi-Asset / Other
Asset Class Other Asset Types
Index Linked Active
Index Name Not Applicable
Index Provider Not Applicable
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Developed Market Funds
Key Statistics
Return As of Date 8 December 2022
Asset Under Management 16.56 Million (USD)
1 Month Total Return 2.61 %
Year To Date Return -11.53 %
1 Year Total Return -10.99 %
3 Year Annualized Total Return
NAV 22.0822
Share Outstanding 750,000
Top 10 Holdings (8 December 2022)
Constituent Name Constituent Ticker Constituent Type Weighting
MORGAN STANLEY MS V7.125 PERP E PREF 0.0231160525
JH CTF UNITED STATES OF AMERICA (THE) 33949.730 PREF 0.0204512923
ALGONQUIN PWR & UTILITY PREF 0.0191360227
ENERGY TRANSFER LP BOND 0.0176466140
CITIGROUP CAPITAL XIII UNITED STATES OF AMERICA (THE) 9907.000 C V0 10/30/40 PREF 0.0170405938
NISOURCE INC NI 7.75 03/01/24 PREF 0.0167112315
AES CORP/THE AES 6.875 02/15/24 PREF 0.0148087556
WELLS FARGO + COMPANY UNITED STATES OF AMERICA (THE) 12667.000 WFC 4.75 PERP Z PREF 0.0144209650
BANK OF AMERICA CORP BOND 0.0137078698
REINSURANCE GRP OF AMER RGA V7.125 10/15/52 PREF 0.0134726627