Latest ROE for John Hancock Preferred Income Fund II: 16.84% — see history and peer comparisons.
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+ Follow16.84%
Return on Equity measures how efficiently a company uses shareholders' equity to generate profits. A higher ROE indicates better profitability relative to equity.
John Hancock Preferred Income Fund II (HPF) currently reports a ROE of 16.84%. That is above the sector sector average of -4.03%. Use the charts on this page to explore John Hancock Preferred Income Fund II's ROE history and peer comparisons.
John Hancock Preferred Income Fund II's ROE of 16.84% is higher than the its sector sector average of -4.03%. That is roughly 518.4% above the sector mean. A reading higher peers can reflect different growth expectations, capital structure, or profitability — so it is worth checking the peer comparison chart before drawing conclusions.
There is no universal 'good' ROE, but John Hancock Preferred Income Fund II's current 16.84% should be judged against industry norms (sector average: -4.03%) and against HPF's own history. Strong, stable readings often indicate durable competitive advantage; volatile or declining ones deserve a closer look at margins and capital efficiency.
Start with the current ROE of 16.84%, then check the historical chart for trend and the peer comparison chart for relative positioning. The sector average is -4.03%. From there, open related valuation or income-statement pages for John Hancock Preferred Income Fund II, and consider following HPF for alerts when major investors trade the stock.