HPS News and Press, John Hancock Preferred Income Fund III Preferred Income Fund III From 03/25/20

This article uses market data as of Tuesday close. A sharp drawdown period for preferred stocks has hammered asset coverage and increased leverage across the CEF sector. Given the sharp losses in the sector, asset coverage may be the last thing on investors' minds. Asset coverage, however,...

Is now the time to buy? For the last year or so we have attempted to invest conservatively, focusing on U.S. Treasury and Agency securities, as well as very high credit quality securities in corporate bonds and asset-backed securities. We tried to stay on the sidelines of risk as much as ...

I introduced our theoretically lower risk/reward "Widows & Orphans" version of an Income Factory in early 2018 ( link here ). Unlike my original Income Factory, which is a real portfolio that I've been reporting on for close to a decade and with results going back over 25 years (most recen...

John Hancock Preferred Income Fund III (NYSE: HPS ) declares $0.11/share monthly dividend , in line with previous. Forward yield 6.8% Payable Jan. 31; for shareholders of record Jan. 13; ex-div Jan. 10. See HPS Dividend Scorecard, Yield Chart, & Dividend Growth. More news o...

This article was originally published on October 29, 2019. Most closed-end fund investors know that distribution cuts come with the nature of the closed-end fund's structure. The fact is that when a fund is paying out 90% of their NII and 98% of their realized capital gains on an annual ba...

Author's note : This article was first released to members on November 4, 2019. The Weekly Closed-End Fund Roundup will be put out at the start of each week to summarize recent price movements in closed-end fund ((CEF)) sectors in the last week, as well as to highlight recently conc...

Author's Note : This article was originally released to members on October 2, 2019. 3 More Quick Rotation Opportunities Rotating between overvalued closed-end funds into less overvalued ones is a cornerstone strategy at CEF/ETF Income Laboratory which we call "compounding income on st...

The Weekly Closed-End Fund Roundup will be put out at the start of each week to summarize recent price movements in closed-end fund ((CEF)) sectors in the last week, as well as to highlight recently concluded or upcoming corporate actions on CEFs, such as tender offers. Most of the informati...

Note: This article was released to members Oct. 18 The Weekly Closed-End Fund Roundup will be put out at the start of each week to summarize recent price movements in closed-end fund [CEF] sectors in the last week as well as to highlight recently concluded or upcoming corporate actions on ...

This article was first published on October 9, 2019. John Hancock Tax-Advantaged Dividend Income Fund ( HTD ) has been one of the top-performing funds this year and personally, one of my largest holdings. There are three other John Hancock funds that also have performed incredibly well thi...