John Hancock Preferred Income Fund III

HPS

Market cap $471M

BOSTON, March 2, 2026 /PRNewswire/ - The John Hancock closed-end funds listed below declared their monthly distributions today as follows: Declaration Date: March 2, 2026 Ex Date: March 12, 2026 Record Date: March 12, 2026 Payment Date: March 31, 2026   Ticker Fund Name Distribution Per Share  Change From Previous Distribution Market Price as of 2/27/2026 Annualized Current Distribution Rate at Market HPI Preferred Income Fund I $0.1235 - $16.12 9.19 % HPF Preferred Income Fund II $0.1235 - $16.15 9.18 % HPS Preferred Income Fund III $0.1100 - $14.78 8.93 % PDT Premium Dividend Fund $0.0825 - $13.58 7.29 % HTD Tax-Advantaged Dividend Income Fund $0.1580 - $25.87 7.33 % 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"). Under the PDT Plan, the Fund makes monthly distributions of an amount equal to $0.0825 per share.

We review the CEF market valuation and performance through the second week of February and highlight recent market action. CEFs overall saw higher NAVs this week, with MLPs and Utilities leading; sector discounts have tightened, rendering the market relatively expensive versus historical averages. John Hancock preferred share CEFs (HPI, HPF, HPS) maintain high distribution rates but suffer from low coverage, creating a double-whammy setup for investors.

Hammond Power Solutions Inc. (HPS.A:CA) M&A Call Transcript

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

John Hancock Preferred Income Fund III offers diversified exposure to preferred stocks and corporate bonds, targeting equity-like fixed income with a 9.08% yield. HPS is positioned for income stability and potential capital growth amid a likely continued rate downcycle and possible rotation into value and dividend income assets. The HPS closed-end fund maintains a 57% allocation to preferreds and 40% to corporate bonds, employing 37.43% leverage to amplify returns.

John Hancock Preferred Income Fund III (HPS) offers a 9.13% yield, leveraging preferred securities and corporate bonds for high current income. HPS's use of significant leverage (36.44% of assets) boosts yield but increases share price volatility versus index funds and peers. The fund's price premium has narrowed but remains above NAV and peer averages, making HPS appear somewhat expensive despite improved valuation.

BOSTON, Jan. 2, 2026  /PRNewswire/ - The John Hancock closed-end funds listed below declared their monthly distributions today as follows: Declaration Date: January 2, 2026 Ex Date: January 12, 2026 Record Date: January 12, 2026 Payment Date: January 30, 2026 Ticker Fund Name Distribution Per Share  Change From Previous Distribution Market Price as of 12/31/2025 Annualized Current Distribution Rate at Market HPF Preferred Income Fund II $0.1235 - $16.07 9.22 % HPS Preferred Income Fund III $0.1100 - $14.41 9.16 % PDT Premium Dividend Fund $0.0825 - $12.70 7.80 % HTD Tax-Advantaged Dividend Income Fund $0.1580 - $23.66 8.01 % 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"). Under the PDT Plan, the Fund makes monthly distributions of an amount equal to $0.0825 per share.

Preferred shares are a 200-year-old income-focused hybrid of stocks and bonds. Long-term interest rates are keeping preferred prices low, ensuring high coupons. Heads, we collect high dividends; tails, we collect dividends and price upside.

BOSTON , Dec. 1, 2025 /PRNewswire/ - The John Hancock closed-end funds listed below declared their monthly distributions today as follows: Declaration Date:         December 1, 2025 Ex Date:                       December 11, 2025 Record Date:                 December 11, 2025 Payment Date:             December 31, 2025 Ticker Fund Name DistributionPer Share  Change FromPrevious Distribution Market Price asof 11/28/2025 Annualized CurrentDistribution Rate atMarket HPF Preferred Income Fund II $0.1235 - $16.43 9.02 % HPS Preferred Income Fund III $0.1100 - $14.98 8.81 % PDT Premium Dividend Fund $0.0825 - $13.12 7.55 % HTD Tax-Advantaged Dividend Income Fund $0.1580 - $24.92 7.61 % 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"). Under the PDT Plan, the Fund makes monthly distributions of an amount equal to $0.0825 per share.

BOSTON , Nov. 10, 2025 /PRNewswire/ - The John Hancock Closed-End Funds listed in the table below announced earnings1 for the three months ended October 31, 2025. The same data for the comparable three-month period ended October 31, 2024 is also available below.