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John Hancock Preferredome Fund II (John Hancock Preferredome Fund II) FCF Yield % : 8.84 (As of Apr. 27, 2024)


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What is John Hancock Preferredome Fund II FCF Yield %?

FCF Yield % is calculated as Free Cash Flow divided by Market Capitalization. It is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

As of today, John Hancock Preferredome Fund II's Trailing 12-Month Free Cash Flow is $31.10 Mil, and Market Cap is $351.70 Mil. Therefore, John Hancock Preferredome Fund II's FCF Yield % for today is 8.84%.

The historical rank and industry rank for John Hancock Preferredome Fund II's FCF Yield % or its related term are showing as below:

HPF' s FCF Yield % Range Over the Past 10 Years
Min: 4.21   Med: 8.02   Max: 20.43
Current: 8.84


During the past 7 years, the highest FCF Yield % of John Hancock Preferredome Fund II was 20.43%. The lowest was 4.21%. And the median was 8.02%.

HPF's FCF Yield % is ranked better than
70.76% of 1597 companies
in the Asset Management industry
Industry Median: 3.12 vs HPF: 8.84

John Hancock Preferredome Fund II's FCF Margin % for the quarter that ended in Jan. 2024 was 65.92%.


John Hancock Preferredome Fund II FCF Yield % Historical Data

The historical data trend for John Hancock Preferredome Fund II's FCF Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

John Hancock Preferredome Fund II FCF Yield % Chart

John Hancock Preferredome Fund II Annual Data
Trend Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
FCF Yield %
Get a 7-Day Free Trial 6.93 19.31 4.34 7.03 8.25

John Hancock Preferredome Fund II Semi-Annual Data
Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
FCF Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.01 7.83 8.21 7.52 10.46

Competitive Comparison of John Hancock Preferredome Fund II's FCF Yield %

For the Asset Management subindustry, John Hancock Preferredome Fund II's FCF Yield %, along with its competitors' market caps and FCF Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


John Hancock Preferredome Fund II's FCF Yield % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, John Hancock Preferredome Fund II's FCF Yield % distribution charts can be found below:

* The bar in red indicates where John Hancock Preferredome Fund II's FCF Yield % falls into.



John Hancock Preferredome Fund II FCF Yield % Calculation

FCF Yield % is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

John Hancock Preferredome Fund II's FCF Yield % for the fiscal year that ended in Jul. 2023 is calculated as

FCF Yield %=Free Cash Flow / Market Cap
=28.106 / 340.73696
=8.25%

John Hancock Preferredome Fund II's annualized FCF Yield % for the quarter that ended in Jan. 2024 is calculated as

FCF Yield %=Free Cash Flow * Annualized Factor / Market Cap
=18.283 * 2 / 349.550976
=10.46%

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


John Hancock Preferredome Fund II FCF Yield % Explanation

Similar to Earnings Yield %, FCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high free cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.


John Hancock Preferredome Fund II FCF Yield % Related Terms

Thank you for viewing the detailed overview of John Hancock Preferredome Fund II's FCF Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


John Hancock Preferredome Fund II (John Hancock Preferredome Fund II) Business Description

Traded in Other Exchanges
N/A
Address
200 Berkeley Street, Boston, MA, USA, 02116
John Hancock Preferred Income Fund II is the United States based closed-end, diversified management investment company. Its primary objective is to provide a high level of current income consistent with preservation of capital. The fund's secondary investment objective is to provide growth of capital to the extent consistent with its primary investment objective. The fund's principal investment strategies include to invests a majority of its assets in preferred stocks and other preferred securities, including convertible preferred securities. Its portfolio composition consists of U.S preferred securities, common stocks, foreign preferred securities, corporate bonds, capital preferred securities and short-term investments.
Executives
Dean Garfield director C/O JOHN HANCOCK, 200 BERKELEY STREET, BOSTON MA 02116
Noni L Ellison director TRACTOR SUPPLY, 5401 VIRGINIA WAY, BRENTWOOD TN 37027
Andy Mcfetridge officer: Director of the Adviser 200 BERKELEY STREET, BOSTON MA 02116
Kristie Feinberg officer: President & CEO of the Adviser C/O JOHN HANCOCK, 200 BERKELEY STREET, BOSTON MA 02116
York Lo officer: Vice President, Investments C/O JOHN HANCOCK, 200 BERKELEY STREET, BOSTON MA 02116
Kathryn Hayes other: Filer and Employee of the Fund C/O JOHN HANCOCK, 200 BERKELEY STREET, BOSTON MA 02116
Patricia Lizarraga director C/O JOHN, 200 BERKELEY STREET, BOSTON MA 02116
Paul Lorentz director C/O JOHN HANCOCK, 200 BERKELEY STREET, BOSTON MA 02116
Arthur Pigott officer: VP of the Adviser C/O JOHN HANCOCK, 200 BERKELEY STREET, BOSTON MA 02116
Glen J Gibbons officer: VP of the Adviser C/O JOHN HANCOCK, 200 BERKELEY STREET, BOSTON MA 02116
Frances G Rathke other: Trustee of the Fund C/O GREEN MOUNTAIN COFFEE ROASTERS, INC., 33 COFFEE LANE, WATERBURY VT 05676
Brian Macphee officer: Vice President of the Adviser C/O JOHN HANCOCK, 164 CORPORATE DRIVE, PORTSMOUTH NH 03801
Steven R Pruchansky other: Trustee, the Fund C/O JOHN HANCOCK, 601 CONGRESS STREET, BOSTON MA 02210
Sean Speer officer: Vice President of the Adviser C/O JOHN HANCOCK, 197 CLARENDON STREET, BOSTON MA 02116
Michael Tassinari officer: Vice President of the Adviser C/O JOHN HANCOCK, 200 BERKELEY STREET, BOSTON MA 02116

John Hancock Preferredome Fund II (John Hancock Preferredome Fund II) Headlines

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