John Hancock Pref. Income Fund II Can’t Be More Risky. Trades Sigfnicicantly Lower

 John Hancock Pref. Income Fund II Can't Be More Risky. Trades Sigfnicicantly Lower

The stock of John Hancock Pref. Income Fund II (NYSE:HPF) is a huge mover today! About 30,836 shares traded hands. John Hancock Pref. Income Fund II (NYSE:HPF) has risen 0.94% since March 29, 2016 and is uptrending. It has underperformed by 2.54% the S&P500.
The move comes after 9 months negative chart setup for the $454.30M company. It was reported on Oct, 31 by Barchart.com. We have $18.38 PT which if reached, will make NYSE:HPF worth $63.60M less.

More notable recent John Hancock Pref. Income Fund II (NYSE:HPF) news were published by: Seekingalpha.com which released: “John Hancock Preferred Income Fund II: A Good Or Bad Investment?” on July 04, 2016, also Seekingalpha.com with their article: “John Hancock Preferred Income Fund: A Good Or Bad Investment?” published on July 21, 2016, Seekingalpha.com published: “John Hancock Preferred Income Fund III: A Good Or Bad Investment?” on July 13, 2016. More interesting news about John Hancock Pref. Income Fund II (NYSE:HPF) were released by: Seekingalpha.com and their article: “In Search Of Income: Preferred CEFs (Part II)” published on December 14, 2014 as well as Prnewswire.com‘s news article titled: “John Hancock Preferred Income Funds, Premium Dividend Fund and Tax-Advantaged …” with publication date: June 01, 2015.

John Hancock Preferred Income Fund II is a closed-end management investment company. The company has a market cap of $454.30 million. The Fund’s primary investment objective is to provide a high level of current income consistent with preservation of capital. It currently has negative earnings. The Fund’s secondary investment objective is to provide growth of capital to the extent consistent with its primary investment objective.

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