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METHODOLOGY

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HPS Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: December 15, 2025

Report Source: 2025 Annual Report

John Hancock Preferred Income Fund III

John Hancock Preferred Income Fund III. Stock Analysis HPS

United States N/A Small Cap Report:
John Hancock Preferred Income Fund III is a US-based company operating in industry. The company is headquartered in Boston, Massachusetts. The company went IPO on 2003-06-17. John Hancock Preferred Income Fund III (the Fund) is a closed-end, diversified management investment company. The fund’s investment objective is to provide a high level of current income, consistent with preservation of capital. The fund’s secondary investment objective is to provide growth of capital to the extent consistent with its primary investment objective. The fund seeks to achieve its objectives by investing in securities that, in the opinion of the Advisor, may be undervalued relative to similar securities in the marketplace. Under normal market conditions, the fund invests at least 80% of its assets (net assets plus borrowings for investment purposes) in preferred stocks and other preferred securities, including convertible preferred securities. The company invests in various sectors including utilities, communication services, consumer discretionary, automobiles, broadline retail, consumer staples, and food products. Its investment advisor is John Hancock Investment Management LLC.
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John Hancock Preferred Income Fund III (HPS) Chart

Key Statistics of John Hancock Preferred Income Fund III (HPS)

Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.

Today's Range

$14.15$14.35

Today's Open

$14.25

Volume

34.60K

P/E Ratio (TTM)

-

52 Week Range

$13.80$15.68

Market Cap

459.69M

Avg. Volume

57.08K

Dividend Yield

-

Financial Metrics & Statements of John Hancock Preferred Income Fund III (HPS)

FAQ's for John Hancock Preferred Income Fund III (HPS)

  • According to Musaffa’s Shariah screening methodology, John Hancock Preferred Income Fund III (HPS) is currently classified as NOT HALAL as of December 2025. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.
  • A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes John Hancock Preferred Income Fund III using these criteria to determine its compliance status.
  • Muslim investors may consider investing in John Hancock Preferred Income Fund III if it meets Shariah compliance standards. Investors typically review the company’s business activities, debt levels, and non-permissible income before making a decision.
  • Musaffa determines the Shariah status of John Hancock Preferred Income Fund III by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
  • The Shariah compliance status of John Hancock Preferred Income Fund III may be updated periodically when new financial statements, earnings reports, or business activity information become available.
  • Yes. A stock that is currently Shariah-compliant may become non-compliant if the company’s financial ratios exceed Shariah thresholds or its business activities change.
  • You can check the latest Shariah compliance status of John Hancock Preferred Income Fund III on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

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