John Hancock Preferred Income Fund III closed at $12.10 on Sep 28, down 2.58%, within 0.0% of its 52-week closing low. Volume of 104.0K shares was 0.82× its 20-day average (close to normal).
Split-adjusted performance: -12.9% over one month, -13.1% over six months, -21.0% over one year.
Short interest was 40.6K shares at the Sep 15 settlement, down 77.3% from the prior report (0.1% of float, 1.0 days to cover).
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Quick answers
What does John Hancock Preferred Income Fund III do?
John Hancock Preferred Income Fund III is a closed-end, diversified management investment company. Its investment objective is to provide a high level of current income consistent with preservation of capital.
What is HPS's market cap?
$389.24M, based on the Sep 28 close of $12.10.
Does John Hancock Preferred Income Fund III pay a dividend?
Yes. The latest regular dividend was $0.11 per share (ex-date Sep 11), an annualised yield of 10.91%.
How much of HPS is sold short?
40.6K shares, 0.1% of float, as of Sep 15, 2026.
About John Hancock Preferred Income Fund III
John Hancock Preferred Income Fund III is a closed-end, diversified management investment company. Its investment objective is 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 investment objective. It seeks to achieve the objectives by investing a majority of its assets in preferred stocks and other preferred securities, including convertible preferred securities. The portfolio composition of the company consists of the U.S. preferred securities, foreign preferred securities, common stocks, corporate bonds, and the short-term investments.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology