John Hancock Preferred Income III Closed Fund (HPS)
John Hancock Preferred Income Fund III (NYSE: HPS) is a closed-end investment fund classified as common stock on the New York Stock Exchange. Managed by John Hancock Investment Management LLC and co-managed by John Hancock Asset Management, the fund focuses on fixed-income markets in the United States. Its portfolio is primarily oriented toward preferred securities and other fixed-income instruments, with an emphasis on issues rated investment grade or higher by Moody’s or Standard & Poor’s. The fund seeks exposure across a range of sectors and measures its results against the Bank of America Merrill Lynch Hybrid Preferred Securities Index and the Barclays U.S. Aggregate Bond Index. It was organized on June 19, 2003 and is domiciled in the United States.
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| Ticker | Fair Value | Analyst Price Target | Analyst Target Upside/Downside | Overall Financial Health | Dividend Payment Date | Dividend Yield | Market Cap | Payout Ratio |
|---|---|---|---|---|---|---|---|---|
|
NYSE-HPS
|
Not available
|
Not available
|
Not available
|
Good
|
September 30, 2026
|
10.4%
|
406.2 M
|
107.9%
|
