John Hancock Preferred Income Fund III (HPS)
| Market Value | 495.14M |
| Revenue (ttm) | 51.81M |
| Net Income (ttm) | 65.54M |
| Shares Out | 31.92M |
| EPS (ttm) | 2.05 |
| PE Ratio | 7.57 |
| Forward PE | n/a |
| Dividend | $1.32 (8.51%) |
| Ex-Dividend Date | Nov 12, 2024 |
| Volume | 45,238 |
| Open | 15.56 |
| Previous Close | 15.65 |
| Day's Range | 15.44 - 15.57 |
| 52-Week Range | 12.85 - 17.25 |
| Beta | 0.92 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | n/a |
About HPS
John Hancock Preferred Income Fund III 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. The fund invests in the fixed income markets of the United States. It seeks to invest in securities of companies operating across diversified sectors. The fund primarily invests in preferred securities or other fixed-income securities rated investment grade or higher by Moody’s or Standard & Poor’s. It benchmarks the performance of its portfolio again... [Read more]
News
JOHN HANCOCK CLOSED-END FUNDS RELEASE EARNINGS DATA
BOSTON , Nov. 14, 2024 /PRNewswire/ - The John Hancock Closed-End Funds listed in the table below announced earnings1 for the three months ended October 31, 2024. The same data for the comparable thre...
Hammond Power Solutions Inc. (HMDPF) Q3 2024 Earnings Call Transcript
Hammond Power Solutions Inc. (OTCPK:HMDPF) Q3 2024 Earnings Conference Call October 30, 2024 9:00 AM ET Company Participants Adrian Thomas - Chief Executive Officer Richard Vollering - Chief Financial...
JOHN HANCOCK CLOSED-END FUNDS DECLARE MONTHLY DISTRIBUTIONS
BOSTON , Nov. 1, 2024 /PRNewswire/ - The John Hancock closed-end funds listed below declared their monthly distributions today as follows: Declaration Date: November 1, 2024 Ex Date: ...
JOHN HANCOCK CLOSED-END FUNDS ANNOUNCE ANNUAL SHAREHOLDER MEETING AND RECORD DATES
BOSTON, MA , Sept. 26, 2024 /PRNewswire/ - The nine John Hancock closed-end funds listed below announced today that each fund's Annual Meeting of Shareholders ("Annual Meeting") will be held on Februa...
Hammond Power Solutions Inc. (HMDPF) Q2 2024 Earnings Call Transcript
Hammond Power Solutions Inc. (OTCPK:HMDPF) Q2 2024 Results Conference Call July 26, 2024 9:00 AM ET Company Participants Adrian Thomas - CEO Richard Vollering - CFO Conference Call Participants Matthe...
Hammond Power Solutions Inc. (HMDPF) Q1 2024 Earnings Call Transcript
Hammond Power Solutions Inc. (OTCPK:HMDPF) Q1 2024 Earnings Conference Call April 30, 2024 9:00 AM ET Company Participants Adrian Thomas - Chief Executive Officer Richard Vollering - Chief Financial O...
HPS: Extremely Expensive Preferred Stock Fund That May Be Riskier Than Assumed
John Hancock Preferred Income Fund III offers a high level of current income and has proven to be durable in the face of rising interest rates. The HPS closed-end fund has a relatively high yield comp...
Hammond Power Solutions Inc. (HMDPF) Q4 2023 Earnings Call Transcript
Hammond Power Solutions Inc. (HMDPF) Q4 2023 Earnings Call Transcript
HPS: Take Profits And Cut Exposure To Potential Near-Term Losses
The John Hancock Preferred Income Fund III offers a high level of current income, making it attractive for income-focused investors. The fund has seen strong performance, outperforming the preferred s...
HPS: Good Income Fund, But Premium Valuation A Turn-Off
John Hancock Preferred Income Fund III offers a high level of current income with a 9.60% yield, attracting income-focused investors. The fund's performance has been negatively impacted by rising inte...
Preferred Closed-End Funds: Out Of The Frying Pan Into The Fire
Today, I wanted to take a broader look at the preferred closed-end fund space. After struggling for most of the last year due to rapidly-rising interest rates, the latest banking failures sent preferr...
JOHN HANCOCK FINANCIAL OPPORTUNITIES FUND
ANNOUNCE RESULTS OF ANNUAL MEETINGS OF SHAREHOLDERS BOSTON , Feb. 21, 2023 /PRNewswire/ - The following eight closed-end funds managed by John Hancock Investment Management LLC announced the results o...
JOHN HANCOCK ANNOUNCES PORTFOLIO MANAGER CHANGES FOR JOHN HANCOCK CLOSED-END FUNDS AND ETFs
BOSTON, Feb. 15, 2022 /PRNewswire/ - John Hancock Investment Management LLC (the "Adviser") today announced changes to the portfolio management teams for John Hancock Preferred Income Fund (NYSE: HPI)...
Closed-End Funds: A Check-Up On The Preferred Space
Today, we are taking a refreshed look at the preferred closed-end fund space. We see that the entire space has become more expensive, yet at the same time, distribution yields have dropped - this is m...
HPS: A Solid Income Fund But Overpriced
Retirees continue to struggle with an inability to generate any significant amount of income off of their assets due to the policies of the Federal Reserve.
'High-High-Low' Closed-End Fund Report, (Belated) January 2021
Only funds with yield over 7.5%, coverage higher than 90% and trading at a discount are considered. Top lists of discount, yield, DxY and DxYxZ are given. The top DxYxZ funds are DSL, HPI, and HPF.
The Best Preferred Stocks For 2021
The Fed is content to sit on a near-zero benchmark rate until at least next year if not 2023.
John Hancock Preferred CEFs Relatively Cheap, For A Reason?
John Hancock preferred CEFs have seen slight discount widening recently. Deleveraging and overweight to energy detracted from performance during the COVID crash.
Income Lab Ideas: The Best Preferred Investments
Preferred securities can carry features of both equities and fixed-income, while providing a fixed dividend payment. They are traditionally more stable than equities, due to the features that make the...