UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM N-PX ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED MANAGEMENT INVESTMENT COMPANY INVESTMENT COMPANY ACT FILE NUMBER: 811-21131 NAME OF REGISTRANT: John Hancock Preferred Income Fund ADDRESS OF PRINCIPAL EXECUTIVE OFFICES: 601 Congress Street Boston, MA 02210 NAME AND ADDRESS OF AGENT FOR SERVICE: Charles Rizzo 601 Congress Street Boston, MA 02210 REGISTRANT'S TELEPHONE NUMBER: 617-663-3000 DATE OF FISCAL YEAR END: 07/31 DATE OF REPORTING PERIOD: 07/01/2009 - 06/30/2010 2X27 John Hancock Funds Preferred Income Fund -------------------------------------------------------------------------------------------------------------------------- AT&T INC. Agenda Number: 933200177 -------------------------------------------------------------------------------------------------------------------------- Security: 00206R102 Meeting Type: Annual Meeting Date: 30-Apr-2010 Ticker: T ISIN: US00206R1023 -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 1A ELECTION OF DIRECTOR: RANDALL L. STEPHENSON Mgmt For For 1B ELECTION OF DIRECTOR: GILBERT F. AMELIO Mgmt For For 1C ELECTION OF DIRECTOR: REUBEN V. ANDERSON Mgmt For For 1D ELECTION OF DIRECTOR: JAMES H. BLANCHARD Mgmt For For 1E ELECTION OF DIRECTOR: JAIME CHICO PARDO Mgmt For For 1F ELECTION OF DIRECTOR: JAMES P. KELLY Mgmt For For 1G ELECTION OF DIRECTOR: JON C. MADONNA Mgmt For For 1H ELECTION OF DIRECTOR: LYNN M. MARTIN Mgmt For For 1I ELECTION OF DIRECTOR: JOHN B. MCCOY Mgmt For For 1J ELECTION OF DIRECTOR: JOYCE M. ROCHE Mgmt For For 1K ELECTION OF DIRECTOR: LAURA D'ANDREA TYSON Mgmt For For 1L ELECTION OF DIRECTOR: PATRICIA P. UPTON Mgmt For For 02 RATIFICATION OF APPOINTMENT OF INDEPENDENT AUDITORS. Mgmt For For 03 CUMULATIVE VOTING. Shr For Against 04 PENSION CREDIT POLICY. Shr For Against 05 ADVISORY VOTE ON COMPENSATION. Shr For Against 06 SPECIAL STOCKHOLDER MEETINGS. Shr For Against -------------------------------------------------------------------------------------------------------------------------- ATMOS ENERGY CORPORATION Agenda Number: 933169496 -------------------------------------------------------------------------------------------------------------------------- Security: 049560105 Meeting Type: Annual Meeting Date: 03-Feb-2010 Ticker: ATO ISIN: US0495601058 -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 01 DIRECTOR KIM R. COCKLIN* Mgmt For For ROBERT W. BEST** Mgmt For For ROBERT C. GRABLE** Mgmt For For PHILLIP E. NICHOL** Mgmt For For CHARLES K. VAUGHAN** Mgmt For For 02 PROPOSAL TO AMEND ARTICLES OF INCORPORATION Mgmt For For TO ELIMINATE THE CLASSIFICATION OF THE BOARD OF DIRECTORS. 03 PROPOSAL TO RATIFY THE APPOINTMENT OF ERNST Mgmt For For & YOUNG LLP AS INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR FISCAL 2010. -------------------------------------------------------------------------------------------------------------------------- BANK OF AMERICA CORPORATION Agenda Number: 933183218 -------------------------------------------------------------------------------------------------------------------------- Security: 060505559 Meeting Type: Special Meeting Date: 23-Feb-2010 Ticker: BMLPRQ ISIN: US0605055591 -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 01 A PROPOSAL TO ADOPT AN AMENDMENT TO THE BANK Mgmt For For OF AMERICA CORPORATION AMENDED AND RESTATED CERTIFICATE OF INCORPORATION TO INCREASE THE NUMBER OF AUTHORIZED SHARES OF COMMON STOCK FROM 10 BILLION TO 11.3 BILLION. 02 A PROPOSAL TO APPROVE THE ADJOURNMENT OF THE Mgmt For For SPECIAL MEETING, IF NECESSARY OR APPROPRIATE, TO SOLICIT ADDITIONAL PROXIES, IN THE EVENT THAT THERE ARE NOT SUFFICIENT VOTES AT THE TIME OF THE SPECIAL MEETING TO APPROVE THE PROPOSAL SET FORTH IN ITEM 1. -------------------------------------------------------------------------------------------------------------------------- BANK OF AMERICA CORPORATION Agenda Number: 933203111 -------------------------------------------------------------------------------------------------------------------------- Security: 060505559 Meeting Type: Annual Meeting Date: 28-Apr-2010 Ticker: BMLPRQ ISIN: US0605055591 -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 1A ELECTION OF DIRECTOR: SUSAN S. BIES Mgmt For For 1B ELECTION OF DIRECTOR: WILLIAM P. BOARDMAN Mgmt For For 1C ELECTION OF DIRECTOR: FRANK P. BRAMBLE, SR. Mgmt For For 1D ELECTION OF DIRECTOR: VIRGIS W. COLBERT Mgmt For For 1E ELECTION OF DIRECTOR: CHARLES K. GIFFORD Mgmt For For 1F ELECTION OF DIRECTOR: CHARLES O. HOLLIDAY, JR. Mgmt For For 1G ELECTION OF DIRECTOR: D. PAUL JONES, JR. Mgmt For For 1H ELECTION OF DIRECTOR: MONICA C. LOZANO Mgmt For For 1I ELECTION OF DIRECTOR: THOMAS J. MAY Mgmt For For 1J ELECTION OF DIRECTOR: BRIAN T. MOYNIHAN Mgmt For For 1K ELECTION OF DIRECTOR: DONALD E. POWELL Mgmt For For 1L ELECTION OF DIRECTOR: CHARLES O. ROSSOTTI Mgmt For For 1M ELECTION OF DIRECTOR: ROBERT W. SCULLY Mgmt For For 02 A PROPOSAL TO RATIFY THE REGISTERED INDEPENDENT Mgmt For For PUBLIC ACCOUNTING FIRM FOR 2010 03 A PROPOSAL TO ADOPT AN AMENDMENT TO THE BANK Mgmt For For OF AMERICA AMENDED AND RESTATED CERTIFICATE OF INCORPORATION TO INCREASE THE NUMBER OF AUTHORIZED SHARES OF COMMON STOCK FROM 11.3 BILLION TO 12.8 BILLION 04 AN ADVISORY (NON-BINDING) VOTE APPROVING EXECUTIVE Mgmt For For COMPENSATION 05 A PROPOSAL TO APPROVE AN AMENDMENT TO THE 2003 Mgmt For For KEY ASSOCIATE STOCK PLAN 06 STOCKHOLDER PROPOSAL - DISCLOSURE OF GOVERNMENT Shr Against For EMPLOYMENT 07 STOCKHOLDER PROPOSAL - NON-DEDUCTIBLE PAY Shr For Against 08 STOCKHOLDER PROPOSAL - SPECIAL STOCKHOLDER MEETINGS Shr For Against 09 STOCKHOLDER PROPOSAL - ADVISORY VOTE ON EXECUTIVE Shr For Against COMPENSATION 10 STOCKHOLDER PROPOSAL - SUCCESSION PLANNING Shr For Against 11 STOCKHOLDER PROPOSAL - DERIVATIVES TRADING Shr For Against 12 STOCKHOLDER PROPOSAL - RECOUP INCENTIVE COMPENSATION Shr For Against -------------------------------------------------------------------------------------------------------------------------- BP P.L.C. Agenda Number: 933309038 -------------------------------------------------------------------------------------------------------------------------- Security: 055622104 Meeting Type: Annual Meeting Date: 15-Apr-2010 Ticker: BP ISIN: US0556221044 -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 01 TO RECEIVE THE DIRECTORS' ANNUAL REPORT AND Mgmt For For ACCOUNTS 02 TO APPROVE THE DIRECTORS' REMUNERATION REPORT Mgmt For For 03 TO ELECT MR P ANDERSON AS A DIRECTOR Mgmt For For 04 TO RE-ELECT MR A BURGMANS AS A DIRECTOR Mgmt For For 05 TO RE-ELECT MRS C B CARROLL AS A DIRECTOR Mgmt For For 06 TO RE-ELECT SIR WILLIAM CASTELL AS A DIRECTOR Mgmt For For 07 TO RE-ELECT MR I C CONN AS A DIRECTOR Mgmt For For 08 TO RE-ELECT MR G DAVID AS A DIRECTOR Mgmt For For 09 TO RE-ELECT MR A N OTHER AS A DIRECTOR Mgmt For For 10 TO RE-ELECT MR R DUDLEY AS A DIRECTOR Mgmt For For 11 TO RE-ELECT MR D J FLINT AS A DIRECTOR Mgmt For For 12 TO RE-ELECT DR B E GROTE AS A DIRECTOR Mgmt For For 13 TO RE-ELECT DR A B HAYWARD AS A DIRECTOR Mgmt For For 14 TO RE-ELECT MR A G INGLIS AS A DIRECTOR Mgmt For For 15 TO RE-ELECT DR D S JULIUS AS A DIRECTOR Mgmt For For 16 TO ELECT MR C-H SVANBERG AS A DIRECTOR Mgmt For For 17 TO RE-APPOINT ERNST & YOUNG LLP AS AUDITORS Mgmt For For AND AUTHORIZE THE BOARD TO FIX THEIR REMUNERATION S18 SPECIAL RESOLUTION: TO ADOPT NEW ARTICLES OF Mgmt For For ASSOCIATION S19 SPECIAL RESOLUTION: TO GIVE LIMITED AUTHORITY Mgmt For For FOR THE PURCHASE OF ITS OWN SHARES BY THE COMPANY 20 TO GIVE LIMITED AUTHORITY TO ALLOT SHARES UP Mgmt For For TO A SPECIFIED AMOUNT S21 SPECIAL RESOLUTION: TO GIVE AUTHORITY TO ALLOT Mgmt For For A LIMITED NUMBER OF SHARES FOR CASH FREE OF PRE-EMPTION RIGHTS S22 SPECIAL RESOLUTION: TO AUTHORIZE THE CALLING Mgmt For For OF GENERAL MEETINGS (EXCLUDING ANNUAL GENERAL MEETINGS) BY NOTICE OF AT LEAST 14 CLEAR DAYS 23 TO APPROVE THE RENEWAL OF THE EXECUTIVE DIRECTORS Mgmt For For INCENTIVE PLAN 24 TO APPROVE THE SCRIP DIVIDEND PROGRAMME Mgmt For For S25 SPECIAL RESOLUTION: TO INSTRUCT A COMMITTEE Shr Against For OF THE BOARD TO COMMISSION AND REVIEW ANY DECISION TO PROCEED WITH THE SUNRISE SAGD PROGRAMME -------------------------------------------------------------------------------------------------------------------------- VERIZON COMMUNICATIONS INC. Agenda Number: 933212451 -------------------------------------------------------------------------------------------------------------------------- Security: 92343V104 Meeting Type: Annual Meeting Date: 06-May-2010 Ticker: VZ ISIN: US92343V1044 -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 1A ELECTION OF DIRECTOR: RICHARD L. CARRION Mgmt For For 1B ELECTION OF DIRECTOR: M. FRANCES KEETH Mgmt For For 1C ELECTION OF DIRECTOR: ROBERT W. LANE Mgmt For For 1D ELECTION OF DIRECTOR: SANDRA O. MOOSE Mgmt For For 1E ELECTION OF DIRECTOR: JOSEPH NEUBAUER Mgmt For For 1F ELECTION OF DIRECTOR: DONALD T. NICOLAISEN Mgmt For For 1G ELECTION OF DIRECTOR: THOMAS H. O'BRIEN Mgmt For For 1H ELECTION OF DIRECTOR: CLARENCE OTIS, JR. Mgmt For For 1I ELECTION OF DIRECTOR: HUGH B. PRICE Mgmt For For 1J ELECTION OF DIRECTOR: IVAN G. SEIDENBERG Mgmt For For 1K ELECTION OF DIRECTOR: RODNEY E. SLATER Mgmt For For 1L ELECTION OF DIRECTOR: JOHN W. SNOW Mgmt For For 1M ELECTION OF DIRECTOR: JOHN R. STAFFORD Mgmt For For 02 RATIFICATION OF APPOINTMENT OF ERNST & YOUNG Mgmt For For LLP AS INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM 03 ADVISORY VOTE RELATED TO EXECUTIVE COMPENSATION Mgmt For For 04 PROHIBIT GRANTING STOCK OPTIONS Shr Against For 05 GENDER IDENTITY NON-DISCRIMINATION POLICY Shr For Against 06 PERFORMANCE STOCK UNIT PERFORMANCE THRESHOLDS Shr For Against 07 SHAREHOLDER RIGHT TO CALL A SPECIAL MEETING Shr For Against 08 ADOPT AND DISCLOSE SUCCESSION PLANNING POLICY Shr For Against 09 SHAREHOLDER APPROVAL OF BENEFITS PAID AFTER Shr For Against DEATH 10 EXECUTIVE STOCK RETENTION REQUIREMENTS Shr For Against -------------------------------------------------------------------------------------------------------------------------- WACHOVIA PREFERRED FUNDING CORP. Agenda Number: 933238443 -------------------------------------------------------------------------------------------------------------------------- Security: 92977V206 Meeting Type: Annual Meeting Date: 10-May-2010 Ticker: WNAPR ISIN: US92977V2060 -------------------------------------------------------------------------------------------------------------------------- Prop.# Proposal Proposal Proposal Vote For/Against Type Management 01 DIRECTOR JAMES E. ALWARD Mgmt For For HOWARD T. HOOVER Mgmt For For CHARLES F. JONES Mgmt For For MARK C. OMAN Mgmt For For * Management position unknown SIGNATURES Pursuant to the requirements of the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. (Registrant) John Hancock Preferred Income Fund By (Signature) /s/ Keith F. Hartstein Name Keith F. Hartstein Title President Date 08/30/2010