John Hancock Preferredome FundHPI +0.18%31 5-Year Yield-on-Cost % is 8.92 as of Jul. 03, 2026, which is 10% above its 10-year median of 8.11. GuruFocus rates HPI with a GF Score™ of 31/100. The stock has 6 warning signs investors should review. Among 1,111 Asset Management companies, John Hancock Preferredome Fund ranks better than 67.15% on this metric.
The historical rank and industry rank for John Hancock Preferredome Fund's 5-Year Yield-on-Cost % or its related term are showing as below:
HPI'
s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 6.62 Med: 8.11 Max: 12.38
Current: 8.92
During the past 9 years, John Hancock Preferredome Fund's highest Yield on Cost was 12.38. The lowest was 6.62. And the median was 8.11.
HPI's 5-Year Yield-on-Cost % is ranked better than 67.15% of 1111
companies
in the Asset Management industry
Industry Median: 6.45
vs HPI: 8.92
John Hancock Preferredome Fund (NYSE:HPI) 5-Year Yield-on-Cost % Explanation
Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.
John Hancock Preferredome Fund 5-Year Yield-on-Cost % Related Terms
HPI vs GLAD, FFA, ISD: 5-Year Yield-on-Cost % Comparison
For the Asset Management subindustry, John Hancock Preferredome Fund's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % 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 5-Year Yield-on-Cost % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, John Hancock Preferredome Fund's 5-Year Yield-on-Cost % distribution charts can be found below:
* The bar in red indicates where John Hancock Preferredome Fund's 5-Year Yield-on-Cost % falls into.
John Hancock Preferredome Fund 5-Year Yield-on-Cost % Calculation
Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.
Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.
John Hancock Preferredome Fund (HPI) has a 5-Year Yield-on-Cost % of 8.92 as of Jul. 03, 2026. 5-Year Yield on Cost measures the expected yield based on a company's current yield and 5-year dividend growth. View historical data on John Hancock Preferredome Fund and its competitors. This is 10% above median its historical median of 8.11. Over the past decade, John Hancock Preferredome Fund's 5-Year Yield-on-Cost % has ranged from 6.62 to 12.38. According to the industry distribution chart, John Hancock Preferredome Fund ranks #365 out of 1111 companies in the Asset Management industry, placing it in the top 32.9%.
Is John Hancock Preferredome Fund's 5-Year Yield-on-Cost % too high?
John Hancock Preferredome Fund's current 5-Year Yield-on-Cost % of 8.92 is 10% above median its 10-year median of 8.11. Over the past 10 years, this metric has ranged from a low of 6.62 to a high of 12.38. The Asset Management industry median 5-Year Yield-on-Cost % is 6.45. John Hancock Preferredome Fund's value of 8.92 is 38.3% above this industry median. Based on the distribution chart, John Hancock Preferredome Fund ranks #365 out of 1111 companies in the Asset Management industry, which is above the industry midpoint. 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 5-Year Yield-on-Cost % compare to GLAD and FFA?
According to the Asset Management industry distribution chart, John Hancock Preferredome Fund ranks #365 out of 1111 companies for 5-Year Yield-on-Cost %. This puts John Hancock Preferredome Fund in the upper half of its industry. The industry median 5-Year Yield-on-Cost % is 6.45. John Hancock Preferredome Fund's value of 8.92 is 38.3% above this benchmark. Historically, John Hancock Preferredome Fund's own 5-Year Yield-on-Cost % has ranged from 6.62 to 12.38 over the past decade. While the company's 10-year median is 8.11 vs. the industry median of 6.45, John Hancock Preferredome Fund has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 5-Year Yield-on-Cost % for an Asset Management company?
The median 5-Year Yield-on-Cost % among Asset Management companies is 6.45, based on 1,111 companies in the industry. Companies in the top quartile (top 25%) have a 5-Year Yield-on-Cost % significantly above this median, while those in the bottom quartile fall well below. However, 5-Year Yield-on-Cost % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. John Hancock Preferredome Fund's current 5-Year Yield-on-Cost % of 8.92 is 38.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 5-Year Yield-on-Cost % mean?
A high 5-Year Yield-on-Cost % can signal that a stock is expensive relative to its fundamentals. 5-Year Yield on Cost measures the expected yield based on a company's current yield and 5-year dividend growth. View historical data on John Hancock Preferredome Fund and its competitors. For the Asset Management industry, the median 5-Year Yield-on-Cost % is 6.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. John Hancock Preferredome Fund's current 5-Year Yield-on-Cost % is 8.92, which is 10% above median its own 10-year median of 8.11. 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 5-Year Yield-on-Cost % of 8.92. The current 5-Year Yield-on-Cost % is 8.92, which is 10% above median its 10-year median of 8.11 and 38.3% above the Asset Management industry median of 6.45. 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 5-Year Yield-on-Cost % calculated?
5-Year Yield-on-Cost % is calculated from a company's financial statements. For John Hancock Preferredome Fund (HPI), the current 5-Year Yield-on-Cost % is 8.92 as of Jul. 03, 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
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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