John Hancock Preferredome Fund II (John Hancock Preferredome Fund II) Total Assets

: $546.45 Mil (As of Jan. 2024)

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John Hancock Preferredome Fund II's Total Assets for the quarter that ended in Jan. 2024 was $546.45 Mil.

During the past 12 months, John Hancock Preferredome Fund II's average Total Assets Growth Rate was -5.40% per year. During the past 3 years, the average Total Assets Growth Rate was -2.60% per year. During the past 5 years, the average Total Assets Growth Rate was -4.50% per year.

During the past 7 years, John Hancock Preferredome Fund II's highest 3-Year average Total Assets Growth Rate was -2.10%. The lowest was -6.30%. And the median was -3.75%.

Total Assets is connected with ROA %. John Hancock Preferredome Fund II's annualized ROA % for the quarter that ended in Jan. 2024 was 10.15%. Total Assets is also linked to Revenue through Asset Turnover. John Hancock Preferredome Fund II's Asset Turnover for the quarter that ended in Jan. 2024 was 0.05.

John Hancock Preferredome Fund II Total Assets Historical Data

The historical data trend for John Hancock Preferredome Fund II's Total Assets 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.

Array ( [0] => - [1] => - [2] => 691.78 [3] => 580.65 [4] => 647.45 [5] => 594.74 [6] => 536.73 )

John Hancock Preferredome Fund II Annual Data

Trend

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Total Assets

691.78

580.65

647.45

594.74

536.73

John Hancock Preferredome Fund II Semi-Annual Data
	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
Total Assets										626.36	594.74	577.59	536.73	546.45

John Hancock Preferredome Fund II Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

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

Total Assets	=	Total Equity (A: Jul. 2023 )	+	Total Liabilities (A: Jul. 2023 )
	=	326.274	+	210.456
	=	536.73

John Hancock Preferredome Fund II's Total Assets for the quarter that ended in Jan. 2024 is calculated as

Total Assets	=	Total Equity (Q: Jan. 2024 )	+	Total Liabilities (Q: Jan. 2024 )
	=	338.294	+	208.153
	=	546.45

John Hancock Preferredome Fund II (NYSE:HPF) Total Assets Explanation

Total Assets is connected with ROA %.

John Hancock Preferredome Fund II's annualized ROA % for the quarter that ended in Jan. 2024 is

ROA %	=	Net Income (Q: Jan. 2024 )	/	( (Total Assets (Q: Jul. 2023 )	+	Total Assets (Q: Jan. 2024 ))	/ count )
	=	54.97	/	( (536.73	+	546.447)	/ 2 )
	=	54.97	/	541.5885
	=	10.15 %

Note: The Net Income data used here is two times the semi-annual (Jan. 2024) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

John Hancock Preferredome Fund II's Asset Turnover for the quarter that ended in Jan. 2024 is

	Asset Turnover
=	Revenue (Q: Jan. 2024 )	/	( (Total Assets (Q: Jul. 2023 )	+	Total Assets (Q: Jan. 2024 ))	/ count )
=	27.734	/	( (536.73	+	546.447)	/ 2 )
=	27.734	/	541.5885
=	0.05

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

John Hancock Preferredome Fund II Total Assets Related Terms

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

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » John Hancock Preferred Income Fund II (NYSE:HPF) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

200 Berkeley Street, Boston, MA, USA, 02116

Website

https://www.jhinvestments.com

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