John Hancock Preferred Income Fund III Stock News

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 comp

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 s

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 inte

HPS: Paying More Than It Earns.

Today, I wanted to take a broader look at the preferred closed-end fund space. After struggling for most of the last year due to rapidly-rising interest rates, the latest banking failures sent preferr

12 out of 23 CEF sectors positive on price and 6 out of 23 sectors positive on NAV last week. Tortoise offer tender results.

Only funds with yields over 6.5%, coverage higher than 85%, and trading at under a +5% premium are considered. Top lists of discount, yield, DxY and DxYxZ are given.

Recent market volatility has opened up discount valuation divergences between very similar CEFs.

Today, we are taking a refreshed look at the preferred closed-end fund space. We see that the entire space has become more expensive, yet at the same time, distribution yields have dropped - this is m

Retirees continue to struggle with an inability to generate any significant amount of income off of their assets due to the policies of the Federal Reserve.

Only funds with yields over 7%, coverage higher than 85% and trading at under a +5% premium are considered. Top lists of discount, yield, DxY and DxYxZ are given.

Only funds with yield over 7.5%, coverage higher than 90% and trading at a discount are considered. Top lists of discount, yield, DxY and DxYxZ are given. The top DxYxZ funds are DSL, HPI, and HPF.

The Fed is content to sit on a near-zero benchmark rate until at least next year if not 2023.

We take a look at year-to-date returns of the sector CEFs as well as the key drivers behind those returns. There are no easy answers in allocating to the sector as funds with the most robust structura