John Hancock Preferred Income Fund III
Name
As of 11/01/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
7.7%
1 yr return
15.8%
3 Yr Avg Return
-6.6%
5 Yr Avg Return
-4.7%
Net Assets
$515 M
Holdings in Top 10
31.6%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.61%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 31.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Closed-end mutual fund
Name
As of 11/01/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
XHPSX - Profile
Distributions
- YTD Total Return 7.7%
- 3 Yr Annualized Total Return -6.6%
- 5 Yr Annualized Total Return -4.7%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 7.19%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameJohn Hancock Preferred Income Fund III
-
Fund Family NameJohn Hancock
-
Inception DateJun 27, 2003
-
Shares Outstanding31760921
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerJoseph Bozoyan
Fund Description
XHPSX - Performance
Return Ranking - Trailing
Period | XHPSX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 7.7% | 4.8% | 17.7% | 85.90% |
1 Yr | 15.8% | 10.0% | 28.4% | 62.82% |
3 Yr | -6.6%* | -7.6% | 5.9% | 88.89% |
5 Yr | -4.7%* | -5.1% | 11.5% | 97.06% |
10 Yr | 1.1%* | 0.8% | 5.0% | 93.75% |
* Annualized
Return Ranking - Calendar
Period | XHPSX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -0.4% | -3.6% | 14.2% | 91.03% |
2022 | -23.2% | -29.4% | -9.6% | 72.22% |
2021 | 3.1% | -3.4% | 17.2% | 11.11% |
2020 | -8.5% | -24.8% | 9.0% | 91.30% |
2019 | 16.5% | 6.4% | 19.1% | 12.31% |
Total Return Ranking - Trailing
Period | XHPSX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 7.7% | 4.8% | 17.7% | 85.90% |
1 Yr | 15.8% | 10.0% | 28.4% | 62.82% |
3 Yr | -6.6%* | -7.6% | 5.9% | 88.89% |
5 Yr | -4.7%* | -5.1% | 11.5% | 97.06% |
10 Yr | 1.1%* | 0.8% | 5.0% | 93.75% |
* Annualized
Total Return Ranking - Calendar
Period | XHPSX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -0.4% | -1.9% | 26.5% | 92.31% |
2022 | -23.2% | -26.0% | -5.8% | 87.50% |
2021 | 3.1% | -2.5% | 27.4% | 52.78% |
2020 | -8.5% | -19.2% | 12.3% | 92.75% |
2019 | 21.3% | 10.0% | 32.0% | 10.77% |
NAV & Total Return History
XHPSX - Holdings
Concentration Analysis
XHPSX | Category Low | Category High | XHPSX % Rank | |
---|---|---|---|---|
Net Assets | 515 M | 24.1 M | 14.5 B | 62.82% |
Number of Holdings | 133 | 49 | 439 | 78.21% |
Net Assets in Top 10 | 57.2 M | 8.45 M | 1.89 B | 75.64% |
Weighting of Top 10 | 31.64% | 11.3% | 48.1% | 14.10% |
Top 10 Holdings
- Us 10yr Note (Cbt)sep20 Xcbt 20200921 14.26%
- Us 10yr Note (Cbt)sep20 Xcbt 20200921 14.26%
- Us 10yr Note (Cbt)sep20 Xcbt 20200921 14.26%
- Us 10yr Note (Cbt)sep20 Xcbt 20200921 14.26%
- Us 10yr Note (Cbt)sep20 Xcbt 20200921 14.26%
- Us 10yr Note (Cbt)sep20 Xcbt 20200921 14.26%
- Us 10yr Note (Cbt)sep20 Xcbt 20200921 14.26%
- Us 10yr Note (Cbt)sep20 Xcbt 20200921 14.26%
- Us 10yr Note (Cbt)sep20 Xcbt 20200921 14.26%
- Us 10yr Note (Cbt)sep20 Xcbt 20200921 14.26%
Asset Allocation
Weighting | Return Low | Return High | XHPSX % Rank | |
---|---|---|---|---|
Preferred Stocks | 54.01% | 0.00% | 125.69% | 24.36% |
Bonds | 23.71% | 0.00% | 97.75% | 76.92% |
Stocks | 16.84% | 0.00% | 29.42% | 6.41% |
Convertible Bonds | 3.78% | 0.00% | 31.65% | 73.33% |
Cash | 1.67% | -0.02% | 11.04% | 61.54% |
Other | 0.00% | -4.41% | 10.15% | 69.23% |
Stock Sector Breakdown
Weighting | Return Low | Return High | XHPSX % Rank | |
---|---|---|---|---|
Utilities | 86.85% | 0.00% | 100.00% | 63.33% |
Energy | 11.38% | 0.00% | 11.41% | 6.67% |
Communication Services | 1.77% | 0.00% | 1.77% | 3.33% |
Technology | 0.00% | 0.00% | 0.00% | 90.00% |
Real Estate | 0.00% | 0.00% | 100.00% | 90.00% |
Industrials | 0.00% | 0.00% | 7.56% | 90.00% |
Healthcare | 0.00% | 0.00% | 4.02% | 90.00% |
Financial Services | 0.00% | 0.00% | 100.00% | 90.00% |
Consumer Defense | 0.00% | 0.00% | 0.00% | 90.00% |
Consumer Cyclical | 0.00% | 0.00% | 0.00% | 90.00% |
Basic Materials | 0.00% | 0.00% | 0.00% | 90.00% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | XHPSX % Rank | |
---|---|---|---|---|
US | 14.93% | 0.00% | 29.42% | 6.41% |
Non US | 1.91% | 0.00% | 1.93% | 3.85% |
Bond Sector Breakdown
Weighting | Return Low | Return High | XHPSX % Rank | |
---|---|---|---|---|
Corporate | 87.54% | 62.31% | 100.00% | 88.00% |
Government | 10.44% | 0.00% | 21.71% | 13.33% |
Cash & Equivalents | 2.02% | 0.00% | 11.04% | 44.87% |
Derivative | 0.00% | -0.56% | 9.46% | 69.23% |
Securitized | 0.00% | 0.00% | 0.00% | 82.67% |
Municipal | 0.00% | 0.00% | 0.00% | 82.67% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | XHPSX % Rank | |
---|---|---|---|---|
US | 21.01% | 0.00% | 97.61% | 76.92% |
Non US | 2.70% | 0.00% | 22.53% | 38.46% |
XHPSX - Expenses
Operational Fees
XHPSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.61% | 0.05% | 4.46% | 31.17% |
Management Fee | 0.75% | 0.00% | 1.00% | 76.92% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.55% | N/A |
Sales Fees
XHPSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.00% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 1.00% | N/A |
Trading Fees
XHPSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | N/A | N/A | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
XHPSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 31.00% | 12.00% | 199.00% | 52.94% |
XHPSX - Distributions
Dividend Yield Analysis
XHPSX | Category Low | Category High | XHPSX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 9.59% | 97.44% |
Dividend Distribution Analysis
XHPSX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Quarterly | Monthly | Monthly |
Net Income Ratio Analysis
XHPSX | Category Low | Category High | XHPSX % Rank | |
---|---|---|---|---|
Net Income Ratio | 7.19% | 0.88% | 7.54% | 4.05% |
Capital Gain Distribution Analysis
XHPSX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Jun 12, 2019 | $0.122 | OrdinaryDividend |
May 10, 2019 | $0.122 | OrdinaryDividend |
Apr 10, 2019 | $0.122 | OrdinaryDividend |
Mar 08, 2019 | $0.122 | OrdinaryDividend |
Feb 08, 2019 | $0.122 | OrdinaryDividend |
Jan 11, 2019 | $0.122 | OrdinaryDividend |
Dec 12, 2018 | $0.122 | OrdinaryDividend |
Nov 09, 2018 | $0.122 | OrdinaryDividend |
Oct 10, 2018 | $0.122 | OrdinaryDividend |
Sep 13, 2018 | $0.122 | OrdinaryDividend |
Aug 10, 2018 | $0.122 | OrdinaryDividend |
Jul 11, 2018 | $0.122 | OrdinaryDividend |
Jun 08, 2018 | $0.122 | OrdinaryDividend |
May 10, 2018 | $0.122 | OrdinaryDividend |
Apr 11, 2018 | $0.122 | OrdinaryDividend |
Mar 09, 2018 | $0.122 | OrdinaryDividend |
Feb 09, 2018 | $0.122 | OrdinaryDividend |
Jan 11, 2018 | $0.122 | OrdinaryDividend |
Dec 08, 2017 | $0.122 | OrdinaryDividend |
Nov 10, 2017 | $0.122 | OrdinaryDividend |
Oct 11, 2017 | $0.122 | OrdinaryDividend |
Sep 08, 2017 | $0.122 | OrdinaryDividend |
Aug 09, 2017 | $0.122 | OrdinaryDividend |
Jul 11, 2017 | $0.122 | OrdinaryDividend |
Jun 08, 2017 | $0.122 | OrdinaryDividend |
May 09, 2017 | $0.122 | OrdinaryDividend |
Apr 11, 2017 | $0.122 | OrdinaryDividend |
Mar 09, 2017 | $0.122 | OrdinaryDividend |
Feb 09, 2017 | $0.122 | OrdinaryDividend |
Jan 11, 2017 | $0.122 | OrdinaryDividend |
Dec 08, 2016 | $0.122 | OrdinaryDividend |
Nov 09, 2016 | $0.122 | OrdinaryDividend |
Oct 11, 2016 | $0.122 | OrdinaryDividend |
Sep 08, 2016 | $0.122 | OrdinaryDividend |
Aug 09, 2016 | $0.122 | OrdinaryDividend |
Jul 07, 2016 | $0.122 | OrdinaryDividend |
Jun 09, 2016 | $0.122 | OrdinaryDividend |
May 10, 2016 | $0.122 | OrdinaryDividend |
Apr 07, 2016 | $0.122 | OrdinaryDividend |
Mar 09, 2016 | $0.122 | OrdinaryDividend |
Feb 09, 2016 | $0.122 | OrdinaryDividend |
Jan 12, 2016 | $0.122 | OrdinaryDividend |
Dec 09, 2015 | $0.122 | OrdinaryDividend |
Nov 09, 2015 | $0.122 | OrdinaryDividend |
Oct 08, 2015 | $0.122 | OrdinaryDividend |
Sep 09, 2015 | $0.122 | OrdinaryDividend |
Aug 11, 2015 | $0.122 | OrdinaryDividend |
Jul 09, 2015 | $0.122 | OrdinaryDividend |
Jun 09, 2015 | $0.122 | OrdinaryDividend |
May 07, 2015 | $0.122 | OrdinaryDividend |
Apr 09, 2015 | $0.122 | OrdinaryDividend |
Mar 10, 2015 | $0.122 | OrdinaryDividend |
Feb 10, 2015 | $0.122 | OrdinaryDividend |
Dec 24, 2014 | $0.122 | OrdinaryDividend |
Dec 09, 2014 | $0.122 | OrdinaryDividend |
Nov 10, 2014 | $0.122 | OrdinaryDividend |
Oct 09, 2014 | $0.122 | OrdinaryDividend |
Sep 10, 2014 | $0.122 | OrdinaryDividend |
Aug 07, 2014 | $0.122 | OrdinaryDividend |
Jul 09, 2014 | $0.122 | OrdinaryDividend |
Jun 10, 2014 | $0.122 | OrdinaryDividend |
May 08, 2014 | $0.122 | OrdinaryDividend |
Apr 09, 2014 | $0.122 | OrdinaryDividend |
Mar 11, 2014 | $0.122 | OrdinaryDividend |
Feb 11, 2014 | $0.122 | OrdinaryDividend |
Dec 26, 2013 | $0.122 | OrdinaryDividend |
Dec 10, 2013 | $0.122 | OrdinaryDividend |
Nov 07, 2013 | $0.122 | OrdinaryDividend |
Oct 09, 2013 | $0.122 | OrdinaryDividend |
Sep 11, 2013 | $0.122 | OrdinaryDividend |
Aug 08, 2013 | $0.122 | OrdinaryDividend |
Jul 09, 2013 | $0.122 | OrdinaryDividend |
Jun 11, 2013 | $0.122 | OrdinaryDividend |
May 09, 2013 | $0.122 | OrdinaryDividend |
Apr 09, 2013 | $0.122 | OrdinaryDividend |
Mar 07, 2013 | $0.122 | OrdinaryDividend |
Feb 07, 2013 | $0.122 | OrdinaryDividend |
Dec 27, 2012 | $0.122 | OrdinaryDividend |
Dec 11, 2012 | $0.122 | OrdinaryDividend |
Nov 08, 2012 | $0.122 | OrdinaryDividend |
Oct 09, 2012 | $0.122 | OrdinaryDividend |
Sep 12, 2012 | $0.122 | OrdinaryDividend |
Aug 09, 2012 | $0.122 | OrdinaryDividend |
Jul 10, 2012 | $0.122 | OrdinaryDividend |
Jun 07, 2012 | $0.122 | OrdinaryDividend |
May 09, 2012 | $0.122 | OrdinaryDividend |
Apr 10, 2012 | $0.122 | OrdinaryDividend |
Mar 08, 2012 | $0.112 | OrdinaryDividend |
Feb 09, 2012 | $0.112 | OrdinaryDividend |
Dec 28, 2011 | $0.112 | OrdinaryDividend |
Dec 08, 2011 | $0.112 | OrdinaryDividend |
Nov 09, 2011 | $0.112 | OrdinaryDividend |
Oct 11, 2011 | $0.112 | OrdinaryDividend |
Sep 08, 2011 | $0.112 | OrdinaryDividend |
Aug 09, 2011 | $0.112 | OrdinaryDividend |
Jul 07, 2011 | $0.112 | OrdinaryDividend |
Jun 09, 2011 | $0.112 | OrdinaryDividend |
May 10, 2011 | $0.112 | OrdinaryDividend |
Apr 07, 2011 | $0.112 | OrdinaryDividend |
Mar 09, 2011 | $0.112 | OrdinaryDividend |
Feb 09, 2011 | $0.112 | OrdinaryDividend |
Jan 11, 2011 | $0.112 | OrdinaryDividend |
Dec 09, 2010 | $0.112 | OrdinaryDividend |
Nov 09, 2010 | $0.112 | OrdinaryDividend |
Oct 07, 2010 | $0.112 | OrdinaryDividend |
Sep 09, 2010 | $0.112 | OrdinaryDividend |
Aug 10, 2010 | $0.112 | OrdinaryDividend |
Jul 08, 2010 | $0.112 | OrdinaryDividend |
Jun 09, 2010 | $0.112 | OrdinaryDividend |
May 11, 2010 | $0.112 | OrdinaryDividend |
Apr 08, 2010 | $0.112 | OrdinaryDividend |
Mar 09, 2010 | $0.112 | OrdinaryDividend |
Feb 09, 2010 | $0.112 | OrdinaryDividend |
Jan 12, 2010 | $0.112 | OrdinaryDividend |
Dec 09, 2009 | $0.112 | OrdinaryDividend |
Nov 10, 2009 | $0.112 | OrdinaryDividend |
Oct 08, 2009 | $0.112 | OrdinaryDividend |
Sep 09, 2009 | $0.112 | OrdinaryDividend |
Aug 11, 2009 | $0.112 | OrdinaryDividend |
Jul 09, 2009 | $0.112 | OrdinaryDividend |
Jun 09, 2009 | $0.112 | OrdinaryDividend |
May 07, 2009 | $0.112 | OrdinaryDividend |
Apr 08, 2009 | $0.112 | OrdinaryDividend |
Mar 10, 2009 | $0.112 | OrdinaryDividend |
Feb 10, 2009 | $0.132 | OrdinaryDividend |
Jan 08, 2009 | $0.132 | OrdinaryDividend |
Dec 11, 2008 | $0.132 | OrdinaryDividend |
Nov 10, 2008 | $0.132 | OrdinaryDividend |
Oct 09, 2008 | $0.132 | OrdinaryDividend |
Sep 12, 2008 | $0.132 | OrdinaryDividend |
Aug 11, 2008 | $0.132 | OrdinaryDividend |
Jul 11, 2008 | $0.132 | OrdinaryDividend |
Jun 09, 2008 | $0.132 | OrdinaryDividend |
May 09, 2008 | $0.132 | OrdinaryDividend |
Apr 10, 2008 | $0.132 | OrdinaryDividend |
Mar 10, 2008 | $0.132 | OrdinaryDividend |
Feb 08, 2008 | $0.132 | OrdinaryDividend |
Jan 10, 2008 | $0.132 | OrdinaryDividend |
Dec 11, 2007 | $0.198 | CapitalGainShortTerm |
Dec 11, 2007 | $0.132 | OrdinaryDividend |
Nov 07, 2007 | $0.132 | OrdinaryDividend |
Oct 09, 2007 | $0.132 | OrdinaryDividend |
Sep 12, 2007 | $0.132 | OrdinaryDividend |
Aug 09, 2007 | $0.132 | OrdinaryDividend |
Jul 10, 2007 | $0.132 | OrdinaryDividend |
Jun 07, 2007 | $0.132 | OrdinaryDividend |
May 09, 2007 | $0.132 | OrdinaryDividend |
Apr 10, 2007 | $0.132 | OrdinaryDividend |
Mar 08, 2007 | $0.132 | OrdinaryDividend |
Feb 08, 2007 | $0.132 | OrdinaryDividend |
Jan 10, 2007 | $0.132 | OrdinaryDividend |
Dec 07, 2006 | $0.072 | CapitalGainLongTerm |
Dec 07, 2006 | $0.132 | OrdinaryDividend |
Nov 09, 2006 | $0.132 | OrdinaryDividend |
Oct 10, 2006 | $0.132 | OrdinaryDividend |
Sep 07, 2006 | $0.132 | OrdinaryDividend |
Aug 09, 2006 | $0.132 | OrdinaryDividend |
Jul 11, 2006 | $0.132 | OrdinaryDividend |
Jun 08, 2006 | $0.132 | OrdinaryDividend |
May 09, 2006 | $0.132 | OrdinaryDividend |
Apr 11, 2006 | $0.132 | OrdinaryDividend |
Mar 09, 2006 | $0.132 | OrdinaryDividend |
Feb 09, 2006 | $0.132 | OrdinaryDividend |
Jan 11, 2006 | $0.132 | OrdinaryDividend |
Dec 15, 2005 | $0.101 | CapitalGainLongTerm |
Dec 08, 2005 | $0.148 | OrdinaryDividend |
Nov 09, 2005 | $0.148 | OrdinaryDividend |
Oct 11, 2005 | $0.148 | OrdinaryDividend |
Sep 08, 2005 | $0.148 | OrdinaryDividend |
Aug 09, 2005 | $0.148 | OrdinaryDividend |
Jul 07, 2005 | $0.148 | OrdinaryDividend |
Jun 09, 2005 | $0.148 | OrdinaryDividend |
May 12, 2005 | $0.159 | OrdinaryDividend |
Apr 14, 2005 | $0.159 | OrdinaryDividend |
Mar 10, 2005 | $0.159 | OrdinaryDividend |
Feb 10, 2005 | $0.159 | OrdinaryDividend |
Jan 13, 2005 | $0.159 | OrdinaryDividend |
Dec 09, 2004 | $0.159 | OrdinaryDividend |
Nov 10, 2004 | $0.180 | OrdinaryDividend |
Oct 14, 2004 | $0.180 | OrdinaryDividend |
Sep 09, 2004 | $0.180 | OrdinaryDividend |
Aug 12, 2004 | $0.180 | OrdinaryDividend |
Jul 15, 2004 | $0.180 | OrdinaryDividend |
Jun 10, 2004 | $0.180 | OrdinaryDividend |
May 13, 2004 | $0.180 | OrdinaryDividend |
Apr 15, 2004 | $0.180 | OrdinaryDividend |
Mar 11, 2004 | $0.180 | OrdinaryDividend |
Feb 12, 2004 | $0.180 | OrdinaryDividend |
Jan 15, 2004 | $0.180 | OrdinaryDividend |
Dec 11, 2003 | $0.180 | OrdinaryDividend |
Nov 13, 2003 | $0.180 | OrdinaryDividend |
Oct 09, 2003 | $0.180 | OrdinaryDividend |
Sep 11, 2003 | $0.180 | OrdinaryDividend |
Aug 14, 2003 | $0.180 | OrdinaryDividend |
XHPSX - Fund Manager Analysis
Managers
Joseph Bozoyan
Start Date
Tenure
Tenure Rank
Jun 01, 2015
7.0
7.0%
Joseph H. Bozoyan, CFA Portfolio Manager, Global Credit, Manulife Investment Management Joe is a portfolio manager on the firm’s global credit team. Previously, he was a portfolio manager on the firm’s preferred income team and, prior to that, a senior investment analyst on the company’s intrinsic value team, providing dedicated research for all strategies managed by that team. Education: B.S., Finance, Providence College; M.B.A., Boston College, Carroll School of Management Joined the company: 2011 Began career: 1993
Bradley Lutz
Start Date
Tenure
Tenure Rank
Feb 15, 2017
5.29
5.3%
Brad Lutz is a managing director, portfolio manager and senior investment analyst for John Hancock Asset Management. Prior to joining the firm, he held analyst positions at Declaration Management & Research, Summit Investment Partners and Pacholder Associates, Inc. He has been with the investment management industry since 1993, a B.S. from Miami University and holds the Chartered Financial Analyst designation.
Caryn Rothman
Start Date
Tenure
Tenure Rank
Mar 31, 2022
0.17
0.2%
Caryn E. Rothman is a managing director at Manulife Investment Management, serving as co-head on the High Yield and Floating Rate Income strategies and as sector lead for Consumer and Healthcare on the U.S. Credit Research Team. Previously, Caryn was a senior research analyst for the fixed income team, providing coverage on the retail, consumer products, food & beverage, restaurants, healthcare and pharmaceuticals industries. Caryn is a value-oriented fundamental investor with over 20 years of experience investing across the full spectrum of leveraged credit opportunities.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.09 | 30.32 | 7.8 | 11.42 |