SeekingAlpha · Oct 14, 2026
HPS: The Underrated Opportunity In This Preferred Income Fund
John Hancock Preferred Income Fund (HPS) trades at a rare 7% NAV discount with an 11.21% yield and -3.86 Z-scoreâreview risks and buy today.
HP
NYSE · HPS
John Hancock Preferred Income Fund III
Financial Services · Asset Management - Income
$11.66
Down-$0.10 (-0.86%)
Updated Oct 27, 2026, 1:54 PM
SID Score
3.9/10
Composite research score
Smart Money
—
Institutional and insider signal
- Market cap
- 464.16M
- P/E ratio
- 8.55
- Dividend yield
- 12.26%
- 52-week range
- $11.39 – $15.54
- Volume
- 94.9K
- Avg. volume
- 65.71K
Price performance · HPS
HPS price history
1M range · 21 trading sessions · Daily adjusted prices
Prices through Oct 26, 2026
HPS closed at $11.66 after 21 trading sessions, down 3.64% for the selected period.
- Last close
- $11.66
- Period change
- -3.64%
- Period low
- $11.51
- Period high
- $12.15
Daily close
View OHLC price history
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| Oct 26, 2026 | $11.63 | $11.665 | $11.55 | $11.66 | 94.9K |
| Oct 23, 2026 | $11.62 | $11.67 | $11.56 | $11.62 | 85.01K |
| Oct 22, 2026 | $11.68 | $11.80 | $11.61 | $11.62 | 197.67K |
| Oct 21, 2026 | $11.69 | $11.7099 | $11.62 | $11.68 | 115.49K |
| Oct 20, 2026 | $11.75 | $11.82 | $11.561 | $11.63 | 291.44K |
| Oct 19, 2026 | $11.81 | $11.85 | $11.63 | $11.77 | 223.75K |
| Oct 16, 2026 | $11.69 | $11.80 | $11.60 | $11.79 | 172.92K |
| Oct 15, 2026 | $11.56 | $11.72 | $11.39 | $11.69 | 294.4K |
| Oct 14, 2026 | $11.64 | $11.65 | $11.47 | $11.51 | 184.36K |
| Oct 13, 2026 | $11.69 | $11.73 | $11.55 | $11.69 | 111.86K |
| Oct 12, 2026 | $11.88 | $11.89 | $11.75 | $11.78 | 130.55K |
| Oct 9, 2026 | $11.69 | $11.87 | $11.665 | $11.79 | 137.27K |
| Oct 8, 2026 | $11.75 | $11.75 | $11.52 | $11.72 | 174.56K |
| Oct 7, 2026 | $11.74 | $11.785 | $11.63 | $11.69 | 134.76K |
| Oct 6, 2026 | $11.77 | $11.89 | $11.7229 | $11.83 | 108.83K |
| Oct 5, 2026 | $12.09 | $12.09 | $11.76 | $11.76 | 133.63K |
| Oct 2, 2026 | $12.08 | $12.239 | $12.00 | $12.15 | 140.51K |
| Oct 1, 2026 | $12.03 | $12.06 | $11.85 | $11.99 | 249.77K |
| Sep 30, 2026 | $12.13 | $12.20 | $11.92 | $12.04 | 161.51K |
| Sep 29, 2026 | $12.19 | $12.21 | $11.76 | $12.03 | 252.58K |
| Sep 28, 2026 | $12.35 | $12.35 | $12.06 | $12.10 | 103.95K |
Latest HPS news
The latest Smart Investors Daily articles mentioning HPS.
Stock researchCompany · Overview
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HPS research
Overview
Company profile and research snapshot.
Company profile
John Hancock Preferred Income Fund III is a closed-end, diversified management investment company. Its investment objective is to provide a high level of current income consistent with preservation of capital. The fund's secondary investment objective is to provide growth of capital to the extent consistent with its primary investment objective. It seeks to achieve the objectives by investing a majority of its assets in preferred stocks and other preferred securities, including convertible preferred securities. The portfolio composition of the company consists of the U.S. preferred securities, foreign preferred securities, common stocks, corporate bonds, and the short-term investments.
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Yahoo · Oct 1, 2026
John Hancock Closed-End Funds Declare Monthly Distributions
The John Hancock closed-end funds listed below declared their monthly distributions today as follows:
Yahoo · Sep 1, 2026
John Hancock Closed-End Funds Declare Monthly Distributions
The John Hancock closed-end funds listed below declared their monthly distributions today as follows:
SeekingAlpha · Jul 16, 2026
HPS: Wait For A Better Entry On This Preferred Fund (Rating Downgrade)
John Hancock Preferred Income Fund III is downgraded to hold, with a current valuation at a 5.13% premium to NAV and limited near-term catalysts. More on HPS.
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