John Hancock Preferred Income Fund III
HPSFinancial ServicesNASDAQAsset Management
Scan Results
Daily timeframeJohn Hancock Preferred Income Fund III is a closed ended fixed income mutual fund launched and managed by John Hancock Investment Management LLC. The company carries a $373.1M market cap, placing it firmly in the small-cap category. It is co-managed by John Hancock Asset Management.
Market Cap
$373.1M
Beta
0.69
P/E (TTM)
21.13
P/E (Fwd)
—
EPS (TTM)
$0.55
EPS (Fwd)
—
ROE
4.0%
ROA
3.8%
Cash
$224,599
Total Debt
$274.3M
Free CF
$23.3M
52W Change
-24.7%
Annual Financials
Cash vs Debt
Where HPS stands vs its 150-day and 200-day moving averages
As of the October 15, 2026 close, HPS finished 15.12% below its 150-day moving average ($13.56) and 15.24% below its 200-day moving average ($13.58). This snapshot is end-of-day data shown with a five-trading-day delay on the free plan; Premium members see readings from the latest close.
Is HPS overbought or oversold?
At the October 15, 2026 close, HPS's RSI(14) was 27.0, in oversold territory (below 30). The MACD histogram was positive, so short-term momentum leaned bullish at that close. These readings are historical, refresh daily after market close, and are not investment advice.
John Hancock Preferred Income Fund III carries $274.3M in total debt against $225K in cash reserves — debt is roughly 1221.3x the cash position. Managing this leverage effectively will be important for long-term financial stability. Annual free cash flow of $23.3M supports ongoing capital allocation decisions and provides a cushion against unexpected expenses or downturns. Return on equity stands at 4.0%, which is modest for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. ROA of 3.8% is on the lower side, which is common in asset-heavy industries. Revenue has been uneven over recent years, ranging from $109.8M to $18.1M.
The relatively low beta of 0.69 suggests HPS is a less volatile holding compared to the broader index. The debt-to-cash ratio suggests meaningful leverage on the balance sheet, a factor worth monitoring if credit conditions tighten. No single metric tells the full story. Reviewing HPS's risk profile alongside its fundamentals and technical indicators provides a more complete picture.