HPI (John Hancock Preferredome Fund) Scaled Net Operating Assets: 1.00 (As of Jan. 2026)


HPI John Hancock Preferred Income Fund HPI
31 GF Score
Price $16.09
! 6 Warning Signs
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What is John Hancock Preferredome Fund Scaled Net Operating Assets?

John Hancock Preferredome Fund HPI +0.56% 31 Scaled Net Operating Assets is 1.00 as of Jan. 2026. GuruFocus rates HPI with a GF Score™ of 31/100. The stock has 6 warning signs investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

John Hancock Preferredome Fund's operating assets for the quarter that ended in Jan. 2026 was $692.49 Mil. John Hancock Preferredome Fund's operating liabilities for the quarter that ended in Jan. 2026 was $4.16 Mil. John Hancock Preferredome Fund's Total Assets for the quarter that ended in Jul. 2025 was $687.27 Mil. Therefore, John Hancock Preferredome Fund's scaled net operating assets (SNOA) for the quarter that ended in Jan. 2026 was 1.00.

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31GF Score
John Hancock Preferred Income Fund HPI
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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John Hancock Preferredome Fund Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

John Hancock Preferredome Fund's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jul. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Jul. 2025 )
=(Operating Assets (A: Jul. 2025 )-Operating Liabilities (A: Jul. 2025 ))/Total Assets (A: Jul. 2024 )
=(687.271-1.276)/689.238
=1.00

where

Operating Assets(A: Jul. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=687.271 - 0
=687.271

Operating Liabilities(A: Jul. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=258.376 - 257.1 - 0
=1.276

John Hancock Preferredome Fund's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jan. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jan. 2026 )
=(Operating Assets (Q: Jan. 2026 )-Operating Liabilities (Q: Jan. 2026 ))/Total Assets (Q: Jul. 2025 )
=(692.493-4.159)/687.271
=1.00

where

Operating Assets(Q: Jan. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=692.493 - 0
=692.493

Operating Liabilities(Q: Jan. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=261.259 - 257.1 - 0
=4.159

* 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.

What does a Scaled Net Operating Assets of 1.00 mean?
John Hancock Preferredome Fund (HPI) has a Scaled Net Operating Assets of 1.00 as of Jan. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on John Hancock Preferredome Fund and its competitors.
Is John Hancock Preferredome Fund's Scaled Net Operating Assets too high?
John Hancock Preferredome Fund's current Scaled Net Operating Assets is 1.00. Overall, John Hancock Preferredome Fund has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does John Hancock Preferredome Fund's Scaled Net Operating Assets compare to ISD and GLAD?
John Hancock Preferredome Fund's Scaled Net Operating Assets of 1.00 can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for an Asset Management company?
A good Scaled Net Operating Assets depends on the Asset Management industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on John Hancock Preferredome Fund and its competitors. John Hancock Preferredome Fund's current Scaled Net Operating Assets is 1.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is John Hancock Preferredome Fund stock overvalued right now?
John Hancock Preferredome Fund (HPI) has a current Scaled Net Operating Assets of 1.00. The current Scaled Net Operating Assets is 1.00. John Hancock Preferredome Fund's overall GF Score™ is 31/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For John Hancock Preferredome Fund (HPI), the current Scaled Net Operating Assets is 1.00 as of Jan. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

John Hancock Preferredome Fund Business Description

Address 200 Berkeley Street, Boston, MA, USA, 02116
John Hancock Preferred Income Fund is a closed-end, diversified management investment company. Its primary investment 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. It seeks to achieve its investment objectives by investing in securities that may be undervalued relative to similar securities in the marketplace. The fund's principal investment strategies include investing a majority of its assets in preferred stocks and other preferred securities. Its portfolio composition consists of U.S preferred securities, common stocks, foreign preferred securities, corporate bonds, and short-term investments.
31GF Score

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