HPS (John Hancock Preferredome Fund III) Altman Z-Score


HPS John Hancock Preferred Income Fund III HPS
30 GF Score
Price $14.28
! 6 Warning Signs
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What is John Hancock Preferredome Fund III Altman Z-Score?

The Altman Z-Score is a model designed to predict the likelihood of a company going bankrupt within the next two years. Created by American finance professor Edward Altman in 1968, the model is specifically designed for publicly traded manufacturing companies with assets greater than $1 million.

Altman Z-Score does not apply to banks and insurance companies.

HPS
30GF Score
John Hancock Preferred Income Fund III HPS
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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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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Altman Z-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$14.28
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