Eaton Vance Floating Rate Income (EFT) vs John Hancock Pfd Income Fund II Pfd Income Fund II (HPF)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
On valuation, John Hancock Pfd Income Fund II Pfd Income Fund II trades at a lower trailing P/E (22.1x vs 42.3x for Eaton Vance Floating Rate Income). John Hancock Pfd Income Fund II Pfd Income Fund II offers the higher dividend yield (11.19% vs 9.45%).
Summary generated from market data by MetaCap's automated system. Methodology
Head-to-head
| Metric | EFT | HPF |
|---|---|---|
| Share price | $10.58 | $13.25 |
| Market cap | — | $287.20M |
| 1-day change | -0.34% | -0.11% |
| YTD return | -5.93% | — |
| 1-year return | -9.85% | — |
| 5-year return | -29.06% | — |
| P/E ratio (TTM) | 42.33 | 22.07 |
| EPS (TTM) | $0.25 | $0.60 |
| Dividend yield | 9.45% | 11.19% |
| Annual dividend | $1.00 | $1.48 |
| 52-week high | $11.89 | $17.13 |
| 52-week low | $10.31 | $13.09 |
| Distance from 52-week high | -10.99% | -22.68% |
| Average volume | 113.71K | 52.88K |
| Shares outstanding | — | 21.68M |
| Sector | Finance | Finance |
| Industry | Finance Companies | Finance Companies |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Eaton Vance Floating Rate Income trades at a higher earnings multiple (42.3x vs 22.1x trailing P/E).
- John Hancock Pfd Income Fund II Pfd Income Fund II offers a meaningfully higher dividend yield (11.19% vs 9.45%).
About Eaton Vance Floating Rate Income
EFT stock →Eaton Vance Floating-Rate Income Trust is a closed-ended fixed income mutual fund launched and managed by Eaton Vance Management. The fund invests in fixed income markets of the United States.
Finance · Finance Companies
About John Hancock Pfd Income Fund II Pfd Income Fund II
HPF stock →John Hancock Preferred Income Fund II is a closed ended fixed income mutual fund launched and managed by John Hancock Investment Management LLC. It is co-managed by John Hancock Asset Management.
Finance · Finance Companies
EFT vs HPF FAQ
Which has the lower P/E ratio, EFT or HPF?
HPF has the lower trailing P/E at 22.1, versus 42.3 for EFT. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Eaton Vance Floating Rate Income or John Hancock Pfd Income Fund II Pfd Income Fund II?
John Hancock Pfd Income Fund II Pfd Income Fund II has the higher yield at 11.19%, compared with 9.45% for Eaton Vance Floating Rate Income.
Are Eaton Vance Floating Rate Income and John Hancock Pfd Income Fund II Pfd Income Fund II in the same industry?
Yes. Both are classified in the Finance Companies industry within the Finance sector.