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JOHN HANCOCK PREFERRED INCOME FUND III (HPS)

The John Hancock Preferred Income Fund III (HPS) functions as a closed-end investment vehicle, primarily focused on fixed-income securities. Its overall management falls under John Hancock Investment Management LLC, with additional co-management provided by John Hancock Asset Management. The fund strategically allocates capital within the United States' fixed-income markets, aiming to acquire debt instruments from companies operating across a diverse array of sectors. A significant portion of its portfolio is dedicated to preferred securities and other fixed-income instruments that possess an investment-grade credit rating or higher from either Moody's or Standard & Poor's. To assess its performance, the fund measures itself against both the Bank of America Merrill Lynch Hybrid Preferred Securities Index and the Barclays U.S. Aggregate Bond Index. This U.S.-domiciled fund was originally established on June 19, 2003.

Industry: Asset Management - Income

John Hancock Preferred Income Fund III logo

John Hancock Preferred Income Fund III

NYSE:HPSFinancial Services
+0.69%$11.74
AH$11.74+0.00%vs close
Mkt Cap$377.66M
Float32.13M
O/S32.17M
Inst Own13.7%
Div Yield11.24%
Dilution
Historical Data
DateOpenHighLowCloseVolume
Key Metrics
Market Cap$377.66M
Enterprise Value--
P/E Ratio--
Est. Net Cash/Share--
Institutional Ownership13.73%

based on 32.17M shares outstanding

SectorFinancial Services
IndustryAsset Management - Income
ExchangeNYSE
CountryUSUS
IPO DateJun 17, 2003
Shares Outstanding32.17M
Float32.13M
Company Overview

The John Hancock Preferred Income Fund III (HPS) functions as a closed-end investment vehicle, primarily focused on fixed-income securities.

Its overall management falls under John Hancock Investment Management LLC, with additional co-management provided by John Hancock Asset Management. The fund strategically allocates capital within the United States' fixed-income markets, aiming to acquire debt instruments from companies operating across a diverse array of sectors. A significant portion of its portfolio is dedicated to preferred securities and other fixed-income instruments that possess an investment-grade credit rating or higher from either Moody's or Standard & Poor's. To assess its performance, the fund measures itself against both the Bank of America Merrill Lynch Hybrid Preferred Securities Index and the Barclays U.S. Aggregate Bond Index. This U.S.-domiciled fund was originally established on June 19, 2003.

Leadership

Andrew G. Arnott

Trustee

Christopher (Kit) Sechler

Secretary and Chief Legal Officer

Fernando A. Silva

Chief Financial Officer

Kristie M. Feinberg

President (Chief Executive Officer and Principal Executive Officer)

Employees

--

Country

US

Sector

Financial Services

Website

jhinvestments.com

Analyst Coverage
No analyst coverage for this companyNo ratings, price targets, or covering firms on file.
Insider Trades
InsiderTypeShares
Hurtsellers Christine profile photoHurtsellers ChristinePurchase0.902
Hurtsellers Christine profile photoHurtsellers ChristinePurchase17
Hurtsellers Christine profile photoHurtsellers ChristinePurchase791
Phelan Kenneth J profile photoPhelan Kenneth JPurchase682.662
Wright Thomas Rowe profile photoWright Thomas RowePurchase794
Bacic William K profile photoBacic William KPurchase706
Shareholders
13.7%
Institutional
(64)
0.0%
Insiderⓘ
(5)
0.0%
5%+ Owners
(0)
86.3%
Unattributed (incl. retail)ⓘ
Institutional13.7%
Insider0.0%
Unattributed (incl. retail)86.3%
Top Shareholders
Sources: 13F, Form 4O/S: 32.2M · date not recorded · SEC EDGAR
Insiders & Institutional Holders
52-Week Range
$11.39$15.54
$11.74(8th percentile)
Volume
Average Daily Volume164.59K
121.20K today vs 164.59K avg(-26%)

30d Avg

164.59K

60d Avg

147.82K

90d Avg

115.91K

Earnings
Dividend History
TTM Yield
11.24%
Paid monthly
Annual (LTM)
$1.32
Latest
$0.1100
Oct 13, 26
5Y Growth
--
Compliance Status
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