NYSE | FUND
John Hancock Preferred Income Fund III is a closed ended fixed income mutual fund launched and managed by John Hancock Investment Management LLC.
It is co-managed by John Hancock Asset Management.
The fund invests in the fixed income markets of the United States.
It seeks to invest in securities of companies operating across diversified sectors.
The fund primarily invests in preferred securities or other fixed-income securities rated investment grade or higher by Moody's or Standard & Poor's.
It benchmarks the performance of its portfolio against the Bank of America Merrill Lynch Hybrid Preferred Securities Index and BarclaysU. S.
Aggregate Bond Index.
John Hancock Preferred Income Fund III was formed on June 19, 2003 and is domiciled in the United States.
Top 20 Holdings
| Name | Weight |
|---|---|
| NextEra Energy Inc Unit (Corporate Unit 09/01/2023) | 2.92% |
| Morgan Stanley DR | 2.61% |
| Citigroup Inc Repr 1/100th 7 1/8 Non-Cum Perp Pfd Shs Series J | 2.32% |
| NiSource Inc Units | 2.13% |
| Algonquin Power & Utilities Corporation 0% | 2.09% |
| Diversified Healthcare Trust 0% | 2.07% |
| The AES Corp Units | 1.99% |
| Wells Fargo & Co 7 1/2 % Non Cum Perp Conv Pfd Shs -A- Series -L- | 1.92% |
| Ocean Spray Cranberries Inc 6 1/4 % Pfd Shs Series -A- -144A- | 1.90% |
| South Jersey Industries Inc Units (Corporate Unit -01/04/2024) | 1.74% |
| Bank of America Corp 7 1/4 % Non-Cum Perp Conv Pfd Shs Series -L- | 1.67% |
| Southern Co Unit - Series A (2019) | 1.54% |
| Phoenix Companies Inc 0% | 1.51% |
| Wells Fargo & Co Deposit Shs Repr 1/1000th 6 5/8 % Non-Cum Perp Pfd Shs -A- | 1.47% |
| JPMorgan Chase & Co DR | 1.47% |
| Citigroup Capital XIII Floating Rate Trust Pfd Secs Registered 2010-30.10.4 | 1.32% |
| NiSource Inc Pfd | 1.31% |
| Athene Holding Ltd FXDFR PRF PERPETUAL USD 25 - Ser A 1/1000 Int Dep | 1.29% |
| Sempra 0% | 1.28% |
| General Motors Financial Company Inc 6.5% | 1.28% |