FORM N-PX ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED MANAGEMENT INVESTMENT COMPANY Investment Company Act file number: 811-21131 John Hancock Preferred Income Fund ------------------------------------------------------------------------- (Exact name of registrant as specified in charter) 601 Congress Street Boston, Massachusetts 02210-2805 ------------------------------------------------------------------------- (Address of principal executive offices) Noel Maffucci 601 Congress Street Boston, Massachusetts 02210-2805 ------------------------------------------------------------------------- (Name and address of agent for service) Registrant's telephone number, including area code: 1-800-225-5291 Date of Fiscal year-end: July 31 Date of reporting period: 07/01/2006 - 06/30/2007 Item 1. Proxy Voting Record =============================== PREFERRED INCOME =============================== ALLIANT ENERGY CORP. Ticker: LNT Security ID: 018802108 Meeting Date: MAY 10, 2007 Meeting Type: Annual Record Date: MAR 20, 2007 # Proposal Mgt Rec Vote Cast Sponsor 1.1 Elect Director James A. Leach For For Management 1.2 Elect Director Michael L. Bennett For For Management 1.3 Elect Director Darryl B. Hazel For For Management 1.4 Elect Director David A. Perdue For For Management 1.5 Elect Director Judith D. Pyle For Withhold Management 2 Ratify Auditors For For Management -------------------------------------------------------------------------------- FPL GROUP, INC. Ticker: FPL Security ID: 302571104 Meeting Date: DEC 15, 2006 Meeting Type: Annual Record Date: OCT 25, 2006 # Proposal Mgt Rec Vote Cast Sponsor 1.1 Elect Director Sherry S. Barrat For For Management 1.2 Elect Director Robert M. Beall, II For For Management 1.3 Elect Director J. Hyatt Brown For For Management 1.4 Elect Director James L. Camaren For For Management 1.5 Elect Director J. Brian Ferguson For For Management 1.6 Elect Director Lewis Hay, III For For Management 1.7 Elect Director Rudy E. Schupp For For Management 1.8 Elect Director Michael H. Thaman For For Management 1.9 Elect Director Hansel E. Tookes, II For For Management 1.10 Elect Director Paul R. Tregurtha For For Management 2 Ratify Auditors For For Management -------------------------------------------------------------------------------- GREAT PLAINS ENERGY, INC. Ticker: GXP Security ID: 391164100 Meeting Date: MAY 1, 2007 Meeting Type: Annual Record Date: FEB 23, 2007 # Proposal Mgt Rec Vote Cast Sponsor 1.1 Elect Director David L. Bodde For For Management 1.2 Elect Director Michael J. Chesser For For Management 1.3 Elect Director William H. Downey For For Management 1.4 Elect Director Mark A. Ernst For For Management 1.5 Elect Director Randall C. Ferguson, Jr. For For Management 1.6 Elect Director William K. Hall For For Management 1.7 Elect Director Luis A. Jimenez For For Management 1.8 Elect Director James A. Mitchell For For Management 1.9 Elect Director William C. Nelson For For Management 1.10 Elect Director Linda H. Talbott For For Management 1.11 Elect Director Robert H. West For For Management 2 Ratify Auditors For For Management 3 Amend Omnibus Stock Plan For Against Management -------------------------------------------------------------------------------- PUBLIC STORAGE, INC. Ticker: PSA Security ID: 74460D554 Meeting Date: MAY 3, 2007 Meeting Type: Annual Record Date: MAR 23, 2007 # Proposal Mgt Rec Vote Cast Sponsor 1 APPROVAL OF THE PROPOSAL TO REORGANIZE For Against Management FROM A CALIFORNIA CORPORATION TO A MARYLAND REAL ESTATE INVESTMENT TRUST. 2 APPROVAL OF ADJOURNMENTS OR POSTPONEMENTS For For Management OF THE ANNUAL MEETING IF NECESSARY. -------------------------------------------------------------------------------- PUBLIC STORAGE, INC. Ticker: PSA Security ID: 74460D570 Meeting Date: MAY 3, 2007 Meeting Type: Annual Record Date: MAR 23, 2007 # Proposal Mgt Rec Vote Cast Sponsor 1 APPROVAL OF THE PROPOSAL TO REORGANIZE For Against Management FROM A CALIFORNIA CORPORATION TO A MARYLAND REAL ESTATE INVESTMENT TRUST. 2 APPROVAL OF ADJOURNMENTS OR POSTPONEMENTS For For Management OF THE ANNUAL MEETING IF NECESSARY. -------------------------------------------------------------------------------- PUBLIC STORAGE, INC. Ticker: PSA Security ID: 74460D588 Meeting Date: MAY 3, 2007 Meeting Type: Annual Record Date: MAR 23, 2007 # Proposal Mgt Rec Vote Cast Sponsor 1 APPROVAL OF THE PROPOSAL TO REORGANIZE For Against Management FROM A CALIFORNIA CORPORATION TO A MARYLAND REAL ESTATE INVESTMENT TRUST. 2 APPROVAL OF ADJOURNMENTS OR POSTPONEMENTS For For Management OF THE ANNUAL MEETING IF NECESSARY. -------------------------------------------------------------------------------- SCOTTISH POWER PLC Ticker: Security ID: 81013T804 Meeting Date: JUL 26, 2006 Meeting Type: Annual Record Date: JUN 12, 2006 # Proposal Mgt Rec Vote Cast Sponsor 1 TO RECEIVE THE ANNUAL REPORT AND ACCOUNTS For For Management FOR THE YEAR ENDED MARCH 31, 2006. 2 TO APPROVE THE REMUNERATION REPORT. For For Management 3 TO ELECT PHILIP BOWMAN AS A DIRECTOR. For For Management 4 TO RE-ELECT CHARLES MILLER SMITH AS A For For Management DIRECTOR. 5 TO RE-ELECT NICK ROSE AS A DIRECTOR. For For Management 6 Ratify Auditors For For Management 7 TO AUTHORIZE THE DIRECTORS TO SET THE For For Management REMUNERATION OF THE AUDITORS. 8 TO AUTHORIZE THE INTRODUCTION OF THE For For Management LONG-TERM INCENTIVE PLAN 2006. 9 TO AUTHORIZE THE COMPANY TO MAKE For Abstain Management DONATIONS TO EU POLITICAL ORGANIZATIONS AND TO INCUR EU POLITICAL EXPENDITURE. 10 TO RENEW THE GENERAL AUTHORITY OF THE For For Management DIRECTORS TO ALLOT SHARES. 11 TO RENEW THE AUTHORITY OF THE DIRECTORS For For Management TO DISAPPLY PRE-EMPTION RIGHTS. 12 TO RENEW AUTHORITY OF THE COMPANY TO For For Management PURCHASE ITS OWN SHARES. -------------------------------------------------------------------------------- TECO ENERGY, INC. Ticker: TE Security ID: 872375100 Meeting Date: MAY 2, 2007 Meeting Type: Annual Record Date: FEB 23, 2007 # Proposal Mgt Rec Vote Cast Sponsor 1.1 Elect Director Joseph P. Lacher For For Management 1.2 Elect Director Tom L. Rankin For For Management 1.3 Elect Director William D. Rockford For For Management 1.4 Elect Director J. Thomas Touchton For For Management 2 Ratify Auditors For For Management -------------------------------------------------------------------------------- WACHOVIA PREFERRED FUNDING CORP Ticker: WNA.P Security ID: 92977V206 Meeting Date: MAY 14, 2007 Meeting Type: Annual Record Date: APR 9, 2007 # Proposal Mgt Rec Vote Cast Sponsor 1.1 Elect Director James E. Alward For For Management 1.2 Elect Director Joel J. Griffin For For Management 1.3 Elect Director Charles F. Jones For For Management 1.4 Elect Director G. Kennedy Thompson For For Management Any ballot marked 'Abstain' is considered to have been voted. Ballots marked 'Abstain' are considered to be have been voted against management's recommendation, regardless of whether the recommendation is 'For' or 'Against,' except where management has made no recommendation or has recommended that shareholders 'Abstain.' Where management has recommended that shareholders 'Abstain' from voting on a ballot item: 1) a ballot market 'Abstain' is considered to have been voted for management's recommendation to 'Abstain' and 2) a ballot voted 'For" or 'Against' is considered to have been voted against management's recommendation to 'Abstain.' Where management has made no recommendation on a ballot item, the abbreviation "N/A" is used to denote that there is no applicable recommendation compared to which a vote may be 'For' or 'Against' the recommendation of management. 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. John Hancock Preferred Income Fund ------------------------------------------------------------------------- (Registrant) By: /s/Keith F. Hartstein --------------------- Keith F. Hartstein President and Chief Executive Officer Date: August 27, 2007