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1D
1W
1M
3M
6M
YTD
1Y
2Y
5Y
ALL
AUM
$472157217
P/E ratio
14.5
Dividend yield
9.4017%
Expense ratio
1.81%
Beta
0.696625
Previous close
$14.92
Today's open
$14.84
Day's range
$14.73 - $14.84
52 week range
$13.80 - $15.68
show more
Headquarters
US
Exchange
New York Stock Exchange
Issue type
Common Stock
Asset Allocations
Hammond Power Solutions Inc. (HPS.A:CA) Q1 2026 Earnings Call Transcript
Hammond Power Solutions Inc. (HPS.A:CA) Q1 2026 Earnings Call Transcript
Seeking Alpha • May 6, 2026

JOHN HANCOCK CLOSED-END FUNDS DECLARE MONTHLY DISTRIBUTIONS
BOSTON, May 1, 2026 /PRNewswire/ - The John Hancock closed-end funds listed below declared their monthly distributions today as follows: Declaration Date: May 1, 2026Ex Date: May 11, 2026Record Date: May 11, 2026Payment Date: May 29, 2026 Ticker Fund Name Distribution Per Share Change From Previous Distribution Market Price as of 4/30/2026 Annualized Current Distribution Rate at Market HPI Preferred Income Fund I $0.1235 - $16.35 9.06 % HPF Preferred Income Fund II $0.1235 - $16.08 9.22 % HPS Preferred Income Fund III $0.1100 - $14.83 8.90 % PDT Premium Dividend Fund $0.0825 - $13.23 7.48 % HTD Tax-Advantaged Dividend Income Fund $0.1580 - $25.94 7.31 % 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.
PRNewsWire • May 1, 2026

HPS: Decent Yield For Retirees That Want To Protect Capital
John Hancock Preferred Income Fund III (HPS) remains a buy, offering reliable income and capital preservation amid market volatility. HPS trades at a modest 2.62% premium to NAV, below its five-year average, supporting accumulation at current levels. The fund's 9.3% yield, focus on preferred and investment-grade securities, and stability suit retirees prioritizing income over capital appreciation.
Seeking Alpha • Mar 26, 2026

Hammond Power Solutions Inc. (HPS.A:CA) Q4 2025 Earnings Call Transcript
Hammond Power Solutions Inc. (HPS.A:CA) Q4 2025 Earnings Call Transcript
Seeking Alpha • Mar 20, 2026

CEF Market Review: The Double-Whammy Of 'Juicy Yield' CEFs
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.
Seeking Alpha • Feb 21, 2026

Hammond Power Solutions Inc. (HPS.A:CA) M&A Call Transcript
Hammond Power Solutions Inc. (HPS.A:CA) M&A Call Transcript
Seeking Alpha • Feb 17, 2026

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.
Seeking Alpha • Jan 7, 2026

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.
Seeking Alpha • Jan 7, 2026

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.
Seeking Alpha • Dec 21, 2025

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.
Forbes • Nov 1, 2025

¹ Disclosures

Open an M1 investment account to buy and sell John Hancock Preferred Income Fund III Preferred Income Fund III commission-free¹. Build wealth for the long term using automated trading and transfers.