John Hancock Preferred Income Fund III Q3 NII Rises 8.5% to $8.39M
John Hancock Preferred Income Fund III posted net investment income of $8.39 million, or $0.261 per share, for the three months ended January 31, 2026, up from $7.73 million, or $0.241 per share, a year earlier. Its NAV stood at $14.37, down from $14.51, on $736.3 million in managed assets.
1. Quarterly Income Gains
John Hancock Preferred Income Fund III’s net investment income increased to $8.39 million, or $0.261 per share, for the quarter ended January 31, 2026, compared with $7.73 million, or $0.241 per share, in the same period last year.
2. NAV and Asset Summary
The fund’s net asset value per share dipped to $14.37 from $14.51 year-on-year, while total managed assets were $736.3 million and total net assets were $461.97 million as of January 31, 2026.
3. Distribution and Outlook
Distribution rates will be announced in a separate release; investors should monitor the upcoming rate announcement and review the fund’s investment objectives, risks, charges, and expenses before making allocation decisions.