John Hancock Pfd Income Fund II Pfd Income Fund II (HPF) vs Franklin Municipal Opportunities (PMO)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
On valuation, Franklin Municipal Opportunities trades at a lower trailing P/E (10.8x vs 21.9x for John Hancock Pfd Income Fund II Pfd Income Fund II). John Hancock Pfd Income Fund II Pfd Income Fund II offers the higher dividend yield (11.27% vs 5.12%).
Summary generated from market data by MetaCap's automated system. Methodology
Head-to-head
| Metric | HPF | PMO |
|---|---|---|
| Share price | $13.15 | $9.21 |
| Market cap | $285.03M | — |
| 1-day change | -0.87% | +0.88% |
| YTD return | — | -14.67% |
| 1-year return | — | -10.93% |
| 5-year return | — | -33.79% |
| P/E ratio (TTM) | 21.91 | 10.84 |
| EPS (TTM) | $0.60 | $0.85 |
| Dividend yield | 11.27% | 5.12% |
| Annual dividend | $1.48 | $0.472 |
| 52-week high | $17.13 | $10.87 |
| 52-week low | $13.09 | $8.87 |
| Distance from 52-week high | -23.26% | -15.27% |
| Average volume | 52.88K | 89.51K |
| 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
- John Hancock Pfd Income Fund II Pfd Income Fund II trades at a higher earnings multiple (21.9x vs 10.8x trailing P/E).
- John Hancock Pfd Income Fund II Pfd Income Fund II offers a meaningfully higher dividend yield (11.27% vs 5.12%).
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
About Franklin Municipal Opportunities
PMO stock →Putnam Municipal Opportunities Trust is a closed ended fixed income mutual fund launched and managed by Putnam Investment Management, LLC. The fund is co-managed by Putnam Investments Limited.
Finance · Finance Companies
HPF vs PMO FAQ
Which has the lower P/E ratio, HPF or PMO?
PMO has the lower trailing P/E at 10.8, versus 21.9 for HPF. 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, John Hancock Pfd Income Fund II Pfd Income Fund II or Franklin Municipal Opportunities?
John Hancock Pfd Income Fund II Pfd Income Fund II has the higher yield at 11.27%, compared with 5.12% for Franklin Municipal Opportunities.
Are John Hancock Pfd Income Fund II Pfd Income Fund II and Franklin Municipal Opportunities in the same industry?
Yes. Both are classified in the Finance Companies industry within the Finance sector.