What is John Hancock Preferredome Fund III FCF Yield %?
FCF Yield % is calculated as Free Cash Flow divided by Market Capitalization. It is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
* Premium members only.
John Hancock Preferredome Fund III FCF Yield % Chart
Competitive Comparison of John Hancock Preferredome Fund III's FCF Yield %
For the Asset Management subindustry, John Hancock Preferredome Fund III's FCF Yield %, along with its competitors' market caps and FCF Yield % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
John Hancock Preferredome Fund III's FCF Yield % Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, John Hancock Preferredome Fund III's FCF Yield % distribution charts can be found below:
* The bar in red indicates where John Hancock Preferredome Fund III's FCF Yield % falls into.
John Hancock Preferredome Fund III FCF Yield % Calculation
FCF Yield % is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
John Hancock Preferredome Fund III FCF Yield % Explanation
Similar to Earnings Yield %, FCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high free cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.
John Hancock Preferredome Fund III FCF Yield % Related Terms
Thank you for viewing the detailed overview of John Hancock Preferredome Fund III's FCF Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
John Hancock Preferredome Fund III (John Hancock Preferredome Fund III) Business Description
John Hancock Preferred Income Fund III is a closed-end, diversified management investment company. Its 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. It seeks to achieve the objectives by investing a majority of its assets in preferred stocks and other preferred securities, including convertible preferred securities. The portfolio composition of the company consists of the U.S. preferred securities, foreign preferred securities, common stocks, corporate bonds, and the short-term investments.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
HPS has been successfully added to your 