John Hancock Preferred Income Fund III
HPSFinancial ServicesNASDAQAsset Management · Last scanned Sep 9, 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. At a $434.9M market cap, John Hancock Preferred Income Fund III ranks as a small-cap company within financial services. It is co-managed by John Hancock Asset Management.
Market Cap
$434.9M
Beta
0.67
P/E (TTM)
11.56
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
-10.2%
Annual Financials
Cash vs Debt
Where HPS stands vs its 150-day and 200-day moving averages
As of the September 3, 2026 close, HPS finished 2.70% below its 150-day moving average ($14.08) and 2.07% below its 200-day moving average ($13.99). 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 September 3, 2026 close, HPS's RSI(14) was 18.0, in oversold territory (below 30). The MACD histogram was negative, so short-term momentum leaned bearish 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, a figure that investors should evaluate relative to the company's earnings power. Annual free cash flow of $20.4M supports ongoing capital allocation decisions and provides a cushion against unexpected expenses or downturns. 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.
HPS's low beta indicates it tends to be less volatile than the broader market, which may suit investors seeking more stable price behavior. These risk factors are not exhaustive — macroeconomic shifts, regulatory changes, and competitive dynamics can all influence John Hancock Preferred Income Fund III's trajectory.