John Hancock Preferred Income Fund III

HPS

時価総額 $3.79億

John Hancock Preferred Income Fund trades at a rare 7% discount to NAV, versus a historical premium of +4.38%. HPS offers an 11.21% dividend yield, with a payout ratio of $1.32 per share and high portfolio stability. The fund's 1-year Z-score of -3.86 signals extreme undervaluation and a compelling medium-term arbitrage opportunity.

BOSTON, Oct. 1, 2026 /PRNewswire/ -- The John Hancock closed-end funds listed below declared their monthly distributions today as follows: Declaration Date:   October 1, 2026Ex Date:                  October 13, 2026Record Date:          October 13, 2026Payment Date:       October 30, 2026 Ticker Fund Name Distribution Per Share Change From Previous Distribution Market Price as of 9/30/2026 Annualized Current Distribution Rate at Market HPI Preferred Income Fund I $0.1235 - $14.00 10.59 % HPF Preferred Income Fund II $0.1235 - $13.47 11.00 % HPS Preferred Income Fund III $0.1100 - $12.04 10.96 % PDT Premium Dividend Fund $0.0883 - $11.72 9.04 % HTD Tax-Advantaged Dividend Income Fund $0.1580 - $22.18 8.55 % Please note: The John Hancock Preferred Income Fund (HPI), John Hancock Preferred Income Fund II (HPF), and John Hancock Preferred Income III Fund (HPS) will change their fiscal year ends from 7/31 to 10/31, effective 10/31/26.   John Hancock Premium Dividend Fund Premium Dividend Fund (the "Fund") declared its monthly distribution pursuant to the Fund's managed distribution plan (the "PDT Plan").

BOSTON, Sept. 25, 2026 /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 February 16, 2027, at 2:00 p.m.

BOSTON, Sept. 1, 2026 /PRNewswire/ -- The John Hancock closed-end funds listed below declared their monthly distributions today as follows

BOSTON, Aug. 12, 2026 /PRNewswire/ -- The John Hancock Closed-End Funds listed in the table below announced earnings1 for the three months ended July 31, 2026. The same data for the comparable three-month period ended July 31, 2025 is also available below.

John Hancock Preferred Income Fund III is downgraded to hold, with a current valuation at a 5.13% premium to NAV and limited near-term catalysts. HPS offers a 9.2% yield, but distribution coverage is weak—only 76% of payouts are supported by net investment income, risking sustainability. Elevated interest rates threaten NAV momentum and could increase net realized losses, especially with HPS's heavy financials and utilities sector exposure.

BOSTON, July 1, 2026 /PRNewswire/ - The John Hancock closed-end funds listed below declared their monthly distributions today as follows: Declaration Date: July 1, 2026 Ex Date: July 13, 2026 Record Date: July 13, 2026 Payment Date: July 31, 2026   Ticker Fund Name Distribution Per Share Change From Previous Distribution Market Price as of 6/30/2026 Annualized Current Distribution Rate at Market HPI Preferred Income Fund I $0.1235 - $16.21 9.14 % HPF Preferred Income Fund II $0.1235 - $15.87 9.34 % HPS Preferred Income Fund III $0.1100 - $14.54 9.08 % HTD Tax-Advantaged Dividend Income Fund $0.1580 - $25.49 7.44 % John Hancock Tax-Advantaged Dividend Income Fund Tax-Advantaged Dividend Income Fund (the "Fund") declared its monthly distribution pursuant to the Fund's managed distribution plan (the "HTD Plan"). Under the HTD Plan, the Fund makes monthly distributions of an amount equal to $0.1580 per share.

Premium Dividend Fund (the "Fund") declared its monthly distribution pursuant to the Fund's managed distribution plan (the "PDT Plan"). Under the PDT Plan, the Fund makes monthly distributions of an amount equal to $0.0825 per share. This amount will be paid monthly until further notice.

We review the CEF market valuation and performance through the fourth week of May and highlight recent market action. Closed-end funds (CEFs) saw tightening discounts and mixed NAVs, with fixed-income CEFs underperforming equities amid distribution cuts and price pressures. CLO Equity funds ECC and OXLC reported sharp Q1 NAV declines (27% and 32% respectively), but both rebounded in April as loan prices rose.

Hammond Power Solutions Inc. (HPS.A:CA) Q1 2026 Earnings Call Transcript