JH Preferred Income III:HPS


    As of 12/19/2014

    52 Wk Avg$17.36$18.51-6.17%
    52 Wk High$18.35$19.32-2.85%
    52 Wk Low$15.34$16.47-8.81%
    Regular Distribution TypeIncome Only
    Distribution Rate8.03%
    Distribution Amount$0.1222
    Distribution FrequencyMonthly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    The Fund seeks high current income and capital preservation through investment in preferred securities including convertible preferred securities

    Capital Structure

    As of 12/19/2014

    Total Net Assets:$910.475M
    Total Common Assets:$600.974M
    Common Shares Outstanding:31,563,738

    As of 7/31/2014

    Preferred Share Assets:
    Type of Preferred:
    Total Debt (USD): $310.000M
    Structural Leverage (USD): $310.000M
    Structural Leverage (%): 34.30%
    Effective Leverage (USD): $310.000M
    Effective Leverage (%): 34.30%
    Preferred Share Rates
    Date Symbol Series Rate Shares
    Annual Expense Ratios

    As of 7/31/2014

      Per Common Share
    Management Fees1.16%
    Other Expenses:0.10%
    Baseline Expense: 1.26%
    Interest Expense:0.48%
    Total: 1.74%

    Fund Management

    Fund Sponsor
    John Hancock Advisers LLC

    Portfolio Managers
    Mark Maloney (19 Jun 2003) / Gregory K Phelps (19 Jun 2003)

    Category:Taxable Income-Preferreds
    NAV Ticker:XHPSX
    Average Daily Volume (shares):
    Average Daily Volume (USD): 
    Inception Date:6/18/2003
    Inception Share Price:$25.00
    Inception NAV:$23.88
    Tender Offer:No
    Fiscal Year End:July 31
    Third Party Links & Reports


    As of 12/19/2014

    Past performance is no guarantee of future results.
    Distribution History

    Enter declared start and end dates to display distribution history below. Income, Long Gain, Short Gain and ROC breakdowns will only be shown for the past year.

    Declared Date Payable Date Ex Date Distrib Amount Income Long Gain Short Gain ROC
    Key Information Regarding Distributions
    Avg. Earnings Per Share:
    As of 10/31/2014
    Annualized Distribution Rate on NAV:
    As of 12/19/2014
    Total Return on NAV (12 months):
    As of 12/19/2014
    Avg. UNII Per Share:
    As of 7/31/2014
    Total % Portfolio Effectively Leveraged:
    As of 12/19/2014

    Pricing Information

    Premium/Discount Information
    Past performance is no guarantee of future results.
    Premium/Discount Information

    As of 12/19/2014

    PeriodAvg Discount
    6 Month-6.72%
    1 Year-6.17%
    3 Year-1.92%
    5 Year-2.76%
    Pricing History
    Date NAV Premium / Discount


    Calendar Year Total Returns

    As of 12/19/2014
    Category: Preferreds Leveraged

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    Past performance is no guarantee of future results.
    Annualized Total Returns

    Returns for periods less than one year are cumulative rather than annualized

    As of 12/19/2014
    Category: Preferreds Leveraged

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Number of Holdings:
    As of 10/31/2014
    Annual Portfolio Turnover:
    As of 7/31/2014
    Asset Allocation

    As of 7/31/2014 reported by Fund Sponsor

    Top Sectors

    As of 9/30/2014 reported by Fund Sponsor

    Financials 59.17%
    Utilities 25.57%
    Telecommunication Service8.68%
    Industrials 1.42%
    Consumer Staples 1.36%
    Energy 1.33%
    Top Holdings

    As of 10/31/2014 reported by Fund Sponsor

    HoldingValue% Portfolio
    Sl4f32g0 Irs Usd R V 03mlibor Us0003m 0.46 12 Jul 2017$72.24M7.91%
    Sl402dwk Irs Usd R V 03mlibor 0.27 09 Aug 2016$70.91M7.77%
    Ppl Cap Fdg Pfd 30 Apr 2073$27.03M2.96%
    Us Bancorp Del Pfd$26.03M2.85%
    Metlife Pfd 6.50$25.95M2.84%
    Kimco Rlty Pfd$24.20M2.65%
    Duke Engy Corp New Pfd 5.13 15 Jan 2073$23.30M2.55%
    Goldman Sachs Grp Pfd$22.68M2.48%
    State Street/Ficc Repo 03 Nov 2014$22.32M2.44%
    Morgan Stanley Cap Tr Iv Pfd 6.25 01 Apr 2033$21.55M2.36%
    Royal Bank of Scotland Group PLC America$21.50M2.35%
    Credit Quality

    As of 9/30/2014 reported by Fund Sponsor

    Country Allocation

    As of 7/31/2014 reported by Fund Sponsor

    Country% Portfolio
    Global 97.06%
    USA 2.93%

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