HPS News and Press, John Hancock Preferred Income Fund III Preferred Income Fund III From 09/28/20

DFP is managed by Flaherty & Crumrine, a manager we like and offers a smaller premium and higher yield than some of its other funds. With the Fed keeping rates lower longer, preferred shares are quite attractive. The diversification and leverage of DFP make it an attractive ad...

(Please note: This report was from Aug. 25. Prices and data have changed since then. Please due some additional due diligence before making a trade.) This will be a new monthly report we issue to members. Here we will detail, by asset class and sub-category, finding the two best options....

Author's note: This article was released to members on September 3, 2020. Please check latest data before investing. Chemist's "High-High-Low" Closed-End Fund Report Quantitative screens help to rapidly narrow down attractive candidates from the database of 500+ closed-end funds (CEFs) ...

Preferred stocks form an integral part of many income portfolios. In this article we review this CEF sector and give an update of how the sector funds stack up. Our main takeaway is that the Flaherty and Crumrine funds remain good options for low turnover investors due to their attractive yiel...

It has been a challenging and humbling year for many investors, myself included. It is hard to believe that less than six months ago we were writing about a year (2019) just concluded that saw a 24% total return from an Income Factory that was producing, reinvesting and compounding cash dist...

Co-produced with PendragonY We are pleased to provide an update on John Hancock Preferred Income Fund ( HPI ), a preferred stock CEF that we hold in our Core Portfolio. While most preferred stock CEFs have had a huge run, HPI is still attractive at the current price with a yiel...

Author's note: This article was initially released on May 15, 2020 and data are from that date. Please check latest data before investing. Chemist's Closed-End Fund Report Quantitative screens help to rapidly narrow down attractive candidates from the database of 500-plus closed-end ...

Author's note : This article was released to CEF/ETF Income Laboratory members on April 29, 2020. Please check the latest data before investing. Chemist's "High-High-Low" Closed-End Fund Report Quantitative screens help to rapidly narrow down attractive candidates from the database of 5...

Along with distributions, month-end often brings interesting tidings to CEF investors. Distribution announcements are some of the most keenly watched pieces of information in the CEF space at the moment. The enormous volatility that we have seen in CEF space has hammered funds and put asset co...

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,...