HPS

John Hancock Preferred Income Fund III

Positive
Neutral
Negative
Sentiment 3-Months
Positive
Neutral 63.6%
Negative

Positive
Seeking Alpha
9 days ago
HPS: Buying Preferred Shares Through The Rate Cycle
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.
HPS: Buying Preferred Shares Through The Rate Cycle
Positive
Seeking Alpha
9 days ago
HPS: Improved Valuation, But Buy Case Still Elusive
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.
HPS: Improved Valuation, But Buy Case Still Elusive
Neutral
PRNewsWire
14 days ago
JOHN HANCOCK CLOSED-END FUNDS DECLARE MONTHLY DISTRIBUTIONS
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.
JOHN HANCOCK CLOSED-END FUNDS DECLARE MONTHLY DISTRIBUTIONS
Positive
Seeking Alpha
26 days ago
The 200-Year-Old Secret: Why Preferred Stock Is The Ultimate Fixed Income Hybrid
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.
The 200-Year-Old Secret: Why Preferred Stock Is The Ultimate Fixed Income Hybrid
Neutral
PRNewsWire
1 month ago
JOHN HANCOCK CLOSED-END FUNDS DECLARE MONTHLY DISTRIBUTIONS
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.
JOHN HANCOCK CLOSED-END FUNDS DECLARE MONTHLY DISTRIBUTIONS
Neutral
PRNewsWire
2 months ago
JOHN HANCOCK CLOSED-END FUNDS RELEASE EARNINGS DATA
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.
JOHN HANCOCK CLOSED-END FUNDS RELEASE EARNINGS DATA
Neutral
PRNewsWire
2 months ago
JOHN HANCOCK CLOSED-END FUNDS DECLARE MONTHLY DISTRIBUTIONS
BOSTON, Nov. 3, 2025 /PRNewswire/ - The John Hancock closed-end funds listed below declared their monthly distributions today as follows.
JOHN HANCOCK CLOSED-END FUNDS DECLARE MONTHLY DISTRIBUTIONS
Positive
Forbes
2 months ago
The Fed Is Juicing These 3 Massive Monthly Dividends
The Fed is cutting, and that's bullish for preferred stocks and their big payouts. Let's look at a trio yielding up to 9.8% (paying monthly dividends) that will benefit from every ease from Mr.
The Fed Is Juicing These 3 Massive Monthly Dividends
Neutral
PRNewsWire
2 months ago
JOHN HANCOCK ANNOUNCES PORTFOLIO MANAGER CHANGES FOR JOHN HANCOCK CLOSED-END FUNDS
BOSTON, MA , Oct. 30, 2025 /PRNewswire/ - John Hancock Investment Management LLC (the "Adviser") today announced changes to the portfolio management teams for John Hancock Preferred Income Fund (NYSE: HPI), John Hancock Preferred Income Fund II (NYSE: HPF), John Hancock Preferred Income Fund III (NYSE: HPS), John Hancock Premium Dividend Fund (NYSE: PDT), John Hancock Tax-Advantaged Divided Income Fund (NYSE: HTD), and John Hancock Income Securities Trust (NYSE: JHS). Each Fund is advised by the Adviser and subadvised by Manulife Investment Management (US) LLC (the "Subadviser").
JOHN HANCOCK ANNOUNCES PORTFOLIO MANAGER CHANGES FOR JOHN HANCOCK CLOSED-END FUNDS
Neutral
Seeking Alpha
2 months ago
Hammond Power Solutions Inc. (HPS.A:CA) Q3 2025 Earnings Call Transcript
Hammond Power Solutions Inc. (TSX:HPS.A:CA ) Q3 2025 Earnings Call October 24, 2025 9:00 AM EDT Company Participants Adrian Thomas - CEO & Director Richard Vollering - CFO & Corporate Secretary Conference Call Participants Matthew Lee - Canaccord Genuity Corp., Research Division Baltej Sidhu - National Bank Financial, Inc., Research Division Nicholas Boychuk - Cormark Securities Inc., Research Division Jim Byrne - Acumen Capital Finance Partners Limited, Research Division Presentation Operator Good morning, ladies and gentlemen. Welcome to Hammond Power Solutions Third Quarter 2025 Financial Results Conference Call.
Hammond Power Solutions Inc. (HPS.A:CA) Q3 2025 Earnings Call Transcript