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John Hancock Pfd Income Fund II Pfd Income Fund II (HPF) vs RiverNorth Flexible Municipal Income Fund II (RFMZ)

Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.

Summary

John Hancock Pfd Income Fund II Pfd Income Fund II is the larger company by market cap ($288.0 million vs $279.6 million), about 1.0 times the size. On valuation, RiverNorth Flexible Municipal Income Fund II trades at a lower trailing P/E (7.2x vs 22.1x for John Hancock Pfd Income Fund II Pfd Income Fund II). John Hancock Pfd Income Fund II Pfd Income Fund II pays a dividend yielding 11.16%, while RiverNorth Flexible Municipal Income Fund II does not currently pay one.

Summary generated from market data by MetaCap's automated system. Methodology

Relative performance

HPF-0.30%RFMZ-0.61%
+0%-0%-1%
Oct 7, 20261 yearOct 8, 2026

Percent change in share price from the first common trading day shown; excludes dividends.

Head-to-head

HPF versus RFMZ key metrics
MetricHPFRFMZ
Share price$13.28$11.48
Market cap$287.96M$279.56M
1-day change+0.45%+1.24%
YTD return—-10.43%
1-year return—-13.70%
5-year return—-45.91%
P/E ratio (TTM)22.137.17
EPS (TTM)$0.60$1.60
Dividend yield11.16%8.51%
Annual dividend$1.48$0.00
52-week high$17.06$13.70
52-week low$13.09$11.31
Distance from 52-week high-22.16%-16.20%
Average volume53.93K73.27K
Shares outstanding21.68M24.35M
SectorFinanceFinance
IndustryFinance CompaniesFinance/Investors Services

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 (22.1x vs 7.2x trailing P/E).
  • John Hancock Pfd Income Fund II Pfd Income Fund II offers a meaningfully higher dividend yield (11.16% vs 8.51%).

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

HPF vs RFMZ FAQ

Which is bigger, John Hancock Pfd Income Fund II Pfd Income Fund II or RiverNorth Flexible Municipal Income Fund II?

John Hancock Pfd Income Fund II Pfd Income Fund II (HPF) is larger, with a market capitalization of $287.96M compared with $279.56M for RiverNorth Flexible Municipal Income Fund II (RFMZ).

Which has the lower P/E ratio, HPF or RFMZ?

RFMZ has the lower trailing P/E at 7.2, versus 22.1 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 RiverNorth Flexible Municipal Income Fund II?

John Hancock Pfd Income Fund II Pfd Income Fund II has the higher yield at 11.16%, compared with 8.51% for RiverNorth Flexible Municipal Income Fund II.

Are John Hancock Pfd Income Fund II Pfd Income Fund II and RiverNorth Flexible Municipal Income Fund II in the same industry?

Both are in the Finance sector, but in different industries: Finance Companies for John Hancock Pfd Income Fund II Pfd Income Fund II and Finance/Investors Services for RiverNorth Flexible Municipal Income Fund II.

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