John Hancock Preferred Income Fund III
HPSFinancial ServicesNASDAQAsset Management · Last scanned Jun 1, 2026
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. With a market capitalization of $471.6M, it sits in small-cap territory. It is co-managed by John Hancock Asset Management.
Market Cap
$471.6M
Beta
0.69
P/E (TTM)
12.53
P/E (Fwd)
—
EPS (TTM)
$1.17
EPS (Fwd)
—
ROE
8.1%
ROA
3.8%
Cash
—
Total Debt
$274.3M
Free CF
$20.4M
52W Change
3.5%
Annual Financials
Cash vs Debt
John Hancock Preferred Income Fund III carries $274.3M in total debt, a figure that investors should evaluate relative to the company's earnings power. Free cash flow comes in at $20.4M, providing flexibility for reinvestment, buybacks, or dividends. Consistent free cash flow generation is often considered a sign of operational health. ROE of 8.1% points to decent capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. 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 $66.1M.
With a beta below 0.7, John Hancock Preferred Income Fund III typically sees smaller price swings than the overall market, offering a degree of stability during turbulent periods. Understanding these risk dimensions helps frame what to watch going forward as conditions evolve for John Hancock Preferred Income Fund III and its sector.