When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
PFF - HPS: Strong Historical Performance Good Positioning And Overpriced
iShares U.S. Preferred Stock
2025-10-23 18:21:48 ET
The John Hancock Preferred Income Fund III ( HPS ) is a closed-end fund, or CEF, that aims to provide its investors with a very high level of income through investments made into fixed-income securities such as preferred stocks and bonds. Despite the name of this fund, though, it is not entirely invested in preferred stocks. According to the fund’s website , HPS only has 55.82% of its portfolio invested in preferred stocks, along with 40.14% invested in corporate bonds: