JOHN HANCOCK PFD INC. III

John Hancock Preferred Income Fund III offers a high level of current income and has proven to be durable in the face of rising interest rates. The HPS closed-end fund has a relatively high yield compared to its peers and has outperformed the bond market and preferred stock index over the past few months. The fund's asset allocation consists of a combination of preferred stocks and bonds. This is not a pure preferred stock fund, as is commonly assumed. » Mehr auf seekingalpha.com

The John Hancock Preferred Income Fund III offers a high level of current income, making it attractive for income-focused investors. The fund has seen strong performance, outperforming the preferred stock index and delivering a 4.15% price increase since August 25. However, there are concerns about the sustainability of the fund's gains, as the market's expectation of interest rate cuts by the Federal Reserve may not materialize. Investors are advised to take profits before a potential price correction. » Mehr auf seekingalpha.com

John Hancock Preferred Income Fund III offers a high level of current income with a 9.60% yield, attracting income-focused investors. The fund's performance has been negatively impacted by rising interest rates, but overall performance has been respectable over the long term. HPS is heavily invested in the banking sector, which may concern risk-averse investors, but it is common for preferred stock funds. » Mehr auf seekingalpha.com