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HPI: This 9.7% Yielding Preferred Fund Is A Buy (NYSE:HPI)
Seeking Alpha· 2026-03-31 01:38
Core Viewpoint - The John Hancock Preferred Income Fund (HPI) is currently trading at an attractive valuation, presenting potential investment opportunities despite market indices pulling back from their highs [1]. Investment Strategy - The company emphasizes a hybrid investment strategy that combines classic dividend growth stocks with Business Development Companies, REITs, and Closed End Funds to enhance investment income while achieving total returns comparable to traditional index funds like the S&P [1].