HPS (John Hancock Preferredome Fund III) OCF Margin %: 85.20% (As of Jan. 2026) — 26% Above Median


HPS John Hancock Preferred Income Fund III HPS
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What is John Hancock Preferredome Fund III OCF Margin %?

John Hancock Preferredome Fund III HPS -0.35% 30 OCF Margin % is 85.20% as of Jan. 2026, which is 26% above its 10-year median of 67.54. GuruFocus rates HPS with a GF Score™ of 30/100. The stock has 6 warning signs investors should review. Among 1,465 Asset Management companies, John Hancock Preferredome Fund III ranks better than 81.3% on this metric.

OCF Margin % is calculated as Cash Flow from Operations divided by its Revenue. John Hancock Preferredome Fund III's Cash Flow from Operations for the six months ended in Jan. 2026 was $20.37 Mil. John Hancock Preferredome Fund III's Revenue for the six months ended in Jan. 2026 was $23.91 Mil. Therefore, John Hancock Preferredome Fund III's OCF Margin % for the quarter that ended in Jan. 2026 was 85.20%.

As of today, John Hancock Preferredome Fund III's current OCF Yield % is 8.87%.

The historical rank and industry rank for John Hancock Preferredome Fund III's OCF Margin % or its related term are showing as below:

HPS' s OCF Margin % Range Over the Past 10 Years
Min: -264.25   Med: 67.54   Max: 181.94
Current: 106.83


During the past 9 years, the highest OCF Margin % of John Hancock Preferredome Fund III was 181.94%. The lowest was -264.25%. And the median was 67.54%.

HPS's OCF Margin % is ranked better than
81.3% of 1465 companies
in the Asset Management industry
Industry Median: 15.78 vs HPS: 106.83


John Hancock Preferredome Fund III OCF Margin % Related Terms


John Hancock Preferredome Fund III OCF Margin % Historical Data

* Premium members only.

The historical data trend for John Hancock Preferredome Fund III's OCF Margin % 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 OCF Margin % Chart

John Hancock Preferredome Fund III Annual Data
Trend Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
OCF Margin %
Get a 7-Day Free Trial Premium Member Only 24.86 -97.05 -122.12 67.54 102.65

John Hancock Preferredome Fund III Semi-Annual Data
Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
OCF Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 66.45 68.88 79.70 143.19 85.20

HPS vs VVR, NBB, KIO: OCF Margin % Comparison

For the Asset Management subindustry, John Hancock Preferredome Fund III's OCF Margin %, along with its competitors' market caps and OCF Margin % 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 OCF Margin % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, John Hancock Preferredome Fund III's OCF Margin % distribution charts can be found below:

* The bar in red indicates where John Hancock Preferredome Fund III's OCF Margin % falls into.


HPS
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John Hancock Preferred Income Fund III HPS
OCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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John Hancock Preferredome Fund III OCF Margin % Calculation

OCF Margin % is the ratio of Cash Flow from Operations divided by net sales or Revenue, usually presented in percent.

John Hancock Preferredome Fund III's OCF Margin for the fiscal year that ended in Jul. 2025 is calculated as

OCF Margin=Cash Flow from Operations (A: Jul. 2025 )/Revenue (A: Jul. 2025 )
=40.399/39.357
=102.65 %

John Hancock Preferredome Fund III's OCF Margin for the quarter that ended in Jan. 2026 is calculated as

OCF Margin=Cash Flow from Operations (Q: Jan. 2026 )/Revenue (Q: Jan. 2026 )
=20.374/23.913
=85.20 %

* 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.

Frequently Asked Questions Learn more about OCF Margin % →
What does a OCF Margin % of 85.20% mean?
John Hancock Preferredome Fund III (HPS) has a OCF Margin % of 85.20% as of Jan. 2026. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on John Hancock Preferredome Fund III and its competitors. This is 26% above median its historical median of 67.54. According to the industry distribution chart, John Hancock Preferredome Fund III ranks #274 out of 1465 companies in the Asset Management industry, placing it in the top 18.7%.
Is John Hancock Preferredome Fund III's OCF Margin % too high?
John Hancock Preferredome Fund III's current OCF Margin % of 85.20% is 26% above median its 10-year median of 67.54. The Asset Management industry median OCF Margin % is 15.78. John Hancock Preferredome Fund III's value of 85.20% is 439.9% above this industry median. Based on the distribution chart, John Hancock Preferredome Fund III ranks #274 out of 1465 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. 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 OCF Margin % compare to VVR and NBB?
According to the Asset Management industry distribution chart, John Hancock Preferredome Fund III ranks #274 out of 1465 companies for OCF Margin %. This places John Hancock Preferredome Fund III in the top 19% of its industry — outperforming the majority of peers. The industry median OCF Margin % is 15.78. John Hancock Preferredome Fund III's value of 85.20% is 439.9% above this benchmark. While the company's 10-year median is 67.54 vs. the industry median of 15.78, John Hancock Preferredome Fund III has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good OCF Margin % for an Asset Management company?
The median OCF Margin % among Asset Management companies is 15.78, based on 1,465 companies in the industry. Companies in the top quartile (top 25%) have a OCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, OCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. John Hancock Preferredome Fund III's current OCF Margin % of 85.20% is 439.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high OCF Margin % mean?
A high OCF Margin % can signal that a stock is expensive relative to its fundamentals. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on John Hancock Preferredome Fund III and its competitors. For the Asset Management industry, the median OCF Margin % is 15.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. John Hancock Preferredome Fund III's current OCF Margin % is 85.20%, which is 26% above median its own 10-year median of 67.54. 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 OCF Margin % of 85.20%. The current OCF Margin % is 85.20%, which is 26% above median its 10-year median of 67.54 and 439.9% above the Asset Management industry median of 15.78. 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 OCF Margin % calculated?
OCF Margin % is calculated from a company's financial statements. For John Hancock Preferredome Fund III (HPS), the current OCF Margin % is 85.20% 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.
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