HPS (John Hancock Preferredome Fund III) Intangible Assets: $0.00 Mil (As of Jan. 2026)

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HPS John Hancock Preferred Income Fund III HPS
30 GF Score
Price $14.23
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What is John Hancock Preferredome Fund III Intangible Assets?

John Hancock Preferredome Fund III HPS 30 Intangible Assets is $0.00 Mil as of Jan. 2026. GuruFocus rates HPS with a GF Score™ of 30/100. The stock has 6 warning signs investors should review.

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. John Hancock Preferredome Fund III's intangible assets for the quarter that ended in Jan. 2026 was $0.00 Mil.

John Hancock Preferredome Fund III  (NYSE:HPS) Intangible Assets Explanation

If a company (company A) received a patent through their own work, though it has value, it does not show up on its balance sheet as an intangible asset. However, if company A sells this patent to company B, it will show up on company B's balance sheet as an intangible asset.

The same applies to brand names, trade secrets etc. For instance, Coca-Cola's brand is extremely valuable, but the brand does not appear on its balance sheet, because the brand was never acquired.

Some intangibles are amortized. Amortization is the depreciation of intangible assets.

Many intangibles are not amortized. They may still be written down when the company decides the asset is impaired.

Whenever you see an increase in goodwill over a number of years, you can assume it's because the company is out buying other businesses above book value. GOOD if buying businesses with durable competitive advantage.

If goodwill stays the same, the company when acquiring other companies is either paying less than book value or not acquiring. Businesses with moats never sell for less than book value.

Intangibles acquired are on balance sheet at fair value.

Internally developed brand names (Coke, Wrigleys, Band-Aid) however are not reflected on the balance sheet.

One of the reasons competitive advantage power can remain hidden for so long.

Be Aware

Companies may change the way intangible assets are amortized, and this will affect their reported earnings.

John Hancock Preferredome Fund III Intangible Assets Related Terms

John Hancock Preferredome Fund III Intangible Assets Historical Data

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The historical data trend for John Hancock Preferredome Fund III's Intangible Assets can be seen below:

* 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 Intangible Assets Chart

John Hancock Preferredome Fund III Annual Data
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John Hancock Preferredome Fund III Semi-Annual Data
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HPS
30GF Score
John Hancock Preferred Income Fund III HPS
Intangible Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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John Hancock Preferredome Fund III Intangible Assets Calculation

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Examples of intangible assets include trade secrets, copyrights, patents, trademarks. If a company acquires assets at the prices above the book value, it may carry goodwill on its balance sheet. Goodwill reflects the difference between the price the company paid and the book value of the assets.

Frequently Asked Questions Learn more about Intangible Assets →
What does a Intangible Assets of $0.00 Mil mean?
John Hancock Preferredome Fund III (HPS) has a Intangible Assets of $0.00 Mil as of Jan. 2026. Intangible assets include patents, goodwill and trade secrets. View historical data on John Hancock Preferredome Fund III and its competitors.
Is John Hancock Preferredome Fund III's Intangible Assets too high?
John Hancock Preferredome Fund III's current Intangible Assets is $0.00 Mil. Overall, John Hancock Preferredome Fund III has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does John Hancock Preferredome Fund III's Intangible Assets compare to NBB and VVR?
John Hancock Preferredome Fund III's Intangible Assets of $0.00 Mil can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Intangible Assets for an Asset Management company?
A good Intangible Assets depends on the Asset Management industry context. However, Intangible Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Intangible Assets mean?
A high Intangible Assets can signal that a stock is expensive relative to its fundamentals. Intangible assets include patents, goodwill and trade secrets. View historical data on John Hancock Preferredome Fund III and its competitors. John Hancock Preferredome Fund III's current Intangible Assets is $0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is John Hancock Preferredome Fund III stock overvalued right now?
John Hancock Preferredome Fund III (HPS) has a current Intangible Assets of $0.00 Mil. The current Intangible Assets is $0.00 Mil. John Hancock Preferredome Fund III's overall GF Score™ is 30/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Intangible Assets calculated?
Intangible Assets is calculated from a company's financial statements. For John Hancock Preferredome Fund III (HPS), the current Intangible Assets is $0.00 Mil as of Jan. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

John Hancock Preferredome Fund III Business Description

Address 200 Berkeley Street, Boston, MA, USA, 02116
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.
30GF Score

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