Equities

John Hancock Preferred Income Fund III

HPS:NYQ

John Hancock Preferred Income Fund III

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FinancialsClosed End Investments
  • Price (USD)15.27
  • Today's Change0.16 / 1.06%
  • Shares traded41.15k
  • 1 Year change-11.94%
  • Beta0.8484
Data delayed at least 15 minutes, as of Jan 26 2023 21:10 GMT.
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About the company

John Hancock Preferred Income Fund III (the Fund) is a closed-end management investment company. The Fund seeks to provide a high level of current income consistent with preservation of capital. The fund’s secondary investment objective is to provide growth of capital to the extent consistent with its primary objective. The Fund invests at least 80% of its assets (net assets plus borrowings for investment purposes) in preferred stocks and other preferred securities, including convertible preferred securities. The fund invests at least 50% of its total assets in preferred securities and other fixed-income securities that are rated investment grade. Its portfolio includes preferred securities-United States, Preferred Securities-Foreign, common stocks, corporate bonds, capital preferred securities and short-term investments and other. It invests in various sectors, including financials, utilities, energy, communication services, real estate, consumer staples, health care, and others.

  • Revenue in USD (TTM)--
  • Net income in USD--
  • Incorporated2003
  • Employees--
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Peer analysis

Key Information
CompanyRevenue (TTM)Net income (TTM)Market capEmployeesPrice/earnings (TTM)Price/book value (MRQ)Price/cash flow (TTM)Price/sales (TTM)EPS (excl. extraordinary items, TTM)EPS (incl. extraordinary items, TTM)Revenue per share (TTM)Book value per share (MRQ)Asset turnover (TTM)Inventory turnover (TTM)Receivables turnover (TTM)Revenues per employee (TTM)Return on avg assets (TTM)Return on avg assets (5 yr avg)Return on investment (TTM)Return on investment (5 yr avg)Gross margin (TTM)Gross margin
(5 yr avg)
Net profit margin (TTM)Net Profit margin
(5 yr avg)
Quick ratio (MRQ)Interest coverage (TTM)Total debt to capital (MRQ)Payout ratio
(5 yr avg)
Revenue
(YOY change %)
Revenue
(5 yr growth rate)
Net income
(YOY change %)
Net income
(5 yr growth rate)
Capital expenditure
(5 yr growth rate)
Dividend
(5 yr growth rate)
Procaps Group SA-100.00bn-100.00bn470.48m4.90k---------------0.0849------------------------0.925--1.04--23.61---865.47------
Guggenheim Active Allocation Fund15.66m-68.61m473.59m----0.8232--30.24-2.07-2.070.474917.44----------------59.77---438.12----0.11960.3014--------------
Blackrock Municipal Income Trust-100.00bn-100.00bn473.83m----0.8636----------12.18----------------------------0.1544--------------
Nuveen Floating Rate Income Fund-100.00bn-100.00bn476.98m0.00------------------------------------------------------------
John Hancock Preferred Income Fund III-100.00bn-100.00bn479.91m--------------------------------------------------------------
Leo Holdings Corp II0.0010.21m480.00m--47.011.32654.74--0.21780.21780.007.740.00------2.71--2.72--------------0.00------4,937.84------
PGIM Global High Yield Fund Inc47.79m-97.07m481.26m----0.8994--10.07-2.37-2.371.1713.080.0602-------12.232.15-12.452.1981.0976.30-203.1237.09--0.28450.1426234.54-13.07-2.01-196.00----1.15
North Atlantic Acquisition Corp0.0015.67m481.49m--30.731.32----0.33030.33030.007.710.00------4.10--4.12--------------0.0033------133,472.80------
BlackRock Ltd Duration Income Trust-100.00bn-100.00bn482.46m0.00------------------------------------------------------------
Nuveen Taxable Municipal Income Fund43.19m-148.98m484.33m----1.01--11.21-5.12-5.121.4916.360.0516--336.11---17.793.22-24.743.9177.5678.48-344.9561.89--0.18330.332131.676.541.78-127.32-----1.90
Tech and Energy Transition Corp0.0012.04m485.10m--40.291.3140.29--0.25020.25020.007.720.00------3.11--3.12--------------0.0017------296.57------
Pennantpark Floating Rate Capital Ltd105.49m3.46m485.65m--79.370.9214--4.600.13490.13492.5711.620.0881--5.64--0.28862.230.29442.3049.4654.803.2827.47--1.090.5607180.7727.5612.13-93.89-37.54--0.00
Clearbridge MLP and Midstream Fund Inc9.14m179.70m486.00m--2.700.8385--53.1513.3513.350.678943.070.0128--0.7391--25.05-6.1325.14-6.17-21.65-96.611,965.12-592.93----0.2942--22.80--137.2058.04---23.09
Invesco California Value Mncpl Incm Trst27.70m-102.01m487.53m----0.9174--17.60-2.13-2.130.578411.100.0279--1.77---10.262.37-10.612.3859.9670.68-368.2257.54--0.14010.4109114.54-13.94-2.38-104.85-----3.86
Thornburg Income Builder Opprtnts Trust28.10m-112.68m487.64m----1.02--17.35-3.51-3.510.875914.97----------------72.88---400.99----0.13770.00--516.91---2,095.15------
Blackstone Strategic Credit Fund56.16m-60.47m488.63m----0.8751--8.70-1.35-1.351.2612.500.054--1.25---5.812.85-6.283.0867.5569.99-107.6943.39--0.38410.3751162.66-11.46-6.103,732.91-17.10---7.42
Data as of Jan 26 2023. Currency figures normalised to John Hancock Preferred Income Fund III's reporting currency: US Dollar USD

Institutional shareholders

7.57%Per cent of shares held by top holders
HolderShares% Held
Spectrum Asset Management, Inc.as of 30 Sep 2022646.42k2.04%
UBS Financial Services, Inc.as of 30 Sep 2022528.75k1.67%
Morgan Stanley Smith Barney LLC (Investment Management)as of 30 Sep 2022451.94k1.42%
Invesco Capital Management LLCas of 30 Sep 2022227.66k0.72%
Columbia Management Investment Advisers LLCas of 30 Sep 2022166.92k0.53%
Securities America Advisors, Inc.as of 30 Sep 2022107.17k0.34%
Commonwealth Equity Services LLCas of 30 Sep 202285.77k0.27%
Fiera Capital Corp. (Investment Management)as of 30 Sep 202281.77k0.26%
LPL Financial LLCas of 31 Dec 202256.15k0.18%
Cetera Advisor Networks LLCas of 30 Sep 202251.58k0.16%
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Data from 30 Sep 2022 - 31 Dec 2022Source: FactSet Research Systems Inc.
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