John Hancock Preferred Income Fund III

John Hancock Preferred Income Fund III (ticker: HPS) is a closed-ended fixed income mutual fund launched and managed by John Hancock Investment Management LLC, with co-management by John Hancock Asset Management. The fund primarily invests in the fixed income markets of the United States, focusing on preferred securities and other fixed-income instruments that are rated investment grade or higher by Moody's or Standard & Poor's. Its portfolio spans diversified sectors, and it benchmarks its performance against the Bank of America Merrill Lynch Hybrid Preferred Securities Index and the Barclays U.S. Aggregate Bond Index. The fund aims to provide income by investing in high-quality preferred stocks and bonds.

John Hancock Preferred Income Fund III is listed on the New York Stock Exchange (NYSE) under the ticker symbol HPS. The fund trades in U.S. dollars (USD), as it is domiciled in the United States and invests primarily in U.S. fixed-income markets. Investors can buy and sell shares of this closed-end fund on the NYSE during regular trading hours.

John Hancock Preferred Income Fund III operates in the Financial Services sector, specifically within the Asset Management industry. As a closed-end fund, it manages a portfolio of preferred securities and fixed-income investments, generating income for its shareholders. The fund is managed by John Hancock Investment Management LLC, a well-known asset management firm, and focuses on investment-grade preferred stocks and bonds across various sectors of the U.S. economy.

John Hancock Preferred Income Fund III is domiciled in the United States and operates primarily in the U.S. fixed-income markets. The fund was formed on June 19, 2003, and is managed by John Hancock Investment Management LLC, which is based in the United States. It invests in securities of companies operating across diversified sectors within the U.S., focusing on preferred and other fixed-income instruments that are rated investment grade or higher. The fund serves income-seeking investors in the U.S. market.

John Hancock Preferred Income Fund III generates returns primarily through income from its investments in preferred securities and other fixed-income instruments. The fund targets investment-grade securities rated by Moody's or Standard & Poor's, which typically offer regular dividend or interest payments. By investing in a diversified portfolio of preferred stocks and bonds, the fund aims to provide a steady stream of income to its shareholders. Its performance is benchmarked against the Bank of America Merrill Lynch Hybrid Preferred Securities Index and the Barclays U.S. Aggregate Bond Index, reflecting its focus on high-quality fixed-income assets. As a closed-end fund, it may also use leverage to enhance returns, though this is not detailed in the provided data.