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John Hancock Funds.(Buyside on the buy side: who's moved on and who's moved up)(has announced its eighth closed-end fund that invests in preferred securities, and its twelfth closed-end fund in total)(Brief Article)

John Hancock capitals has announced its eighth closed-end capital that invests in preferr securities, and its twelfth closed-end capital in total. John Hancock Preferr Income capital III will seek high common income consistent with capital appreciation by dint of investing at least 80% of its total assets in a diversified portfolio of investment-grade preferr and other fixed-income securities.
John Hancock Preferr Income stock III ...





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