John Hancock Preferred Income Fund III (HPS) Total Return Calculator
$10,000 since Dec 2007, with and without reinvesting · data through Oct 2026
$10,000 invested in John Hancock Preferred Income Fund III (HPS) ten years ago, at the end of Oct 2016, was worth $14,749 at the end of Oct 2026 with every dividend reinvested: 4.0% a year, against $41,633 in the S&P 500. Since Dec 2007, $10,000 became $32,786 reinvested (6.5% a year), or $21,232 taking the dividends as cash, $14,708 of it paid out along the way.
HPS became
$32,786
S&P 500: $72,756
Return a year
6.5%
S&P 500: 11.1%
Payouts reinvested
$36,269
bought more shares
Worst drop
-50.1%
S&P 500: -48.2%
$10,000, Dec 2007 to Oct 2026
Payouts reinvested · S&P 500 reinvested
| Year | HPS total return | Paid out | S&P 500 |
|---|---|---|---|
| 2026 (part) | −11.6% | $2,924 | +11.7% |
| 2025 | +4.8% | $3,246 | +17.7% |
| 2024 | +15.7% | $2,992 | +24.9% |
| 2023 | +7.7% | $2,744 | +26.2% |
| 2022 | −16.6% | $2,471 | −18.2% |
| 2021 | +16.5% | $2,324 | +28.7% |
| 2020 | −3.0% | $2,085 | +18.3% |
| 2019 | +31.4% | $2,187 | +31.2% |
| 2018 | −8.3% | $2,028 | −4.6% |
| 2017 | +14.2% | $1,871 | +21.7% |
| 2016 | +7.5% | $1,772 | +12.0% |
| 2015 | +8.0% | $1,484 | +1.2% |
| 2014 | +24.6% | $1,502 | +13.5% |
| 2013 | −9.6% | $1,358 | +32.3% |
| 2012 | +18.3% | $1,220 | +16.0% |
| 2011 | +16.5% | $1,174 | +1.9% |
| 2010 | +15.3% | $993 | +15.1% |
| 2009 | +55.3% | $971 | +26.4% |
| 2008 | −32.0% | $923 | −36.8% |
"Paid out" is what your holding received that year. Month-end prices; no costs or taxes.
Key facts: HPS total return
Data as of · Source: SmarterDividends data
- $10,000 invested in John Hancock Preferred Income Fund III (HPS) at the end of Dec 2007, with dividends reinvested, was worth $32,786 at the end of Oct 2026: 6.5% a year, against $72,756 (11.1% a year) in the S&P 500.
- Over the 10 years to Oct 2026, HPS turned $10,000 into $14,749 with dividends reinvested, 4.0% a year.
- Over the 5 years to Oct 2026, HPS returned -1.5% a year with dividends reinvested (S&P 500: 12.0%).
- Taking HPS's dividends as cash instead of reinvesting them, the same $10,000 ended at $21,232, including $14,708 of cash received; reinvesting added $11,553.
- HPS's best calendar year in that time was 2009 (55.3%) and its worst 2008 (-32.0%), with dividends reinvested.
Cite this page
SmarterDividends, "John Hancock Preferred Income Fund III (HPS) Total Return Calculator," updated Nov 5, 2026, https://smarterdividends.com/stocks/HPS/total-return
HPS total return questions
If I invested $10,000 in HPS 10 years ago, how much would I have?
About $14,749 at the end of Oct 2026, with every dividend reinvested: 4.0% a year. Taking them as cash, you'd have shares worth $6,453 or so plus the cash you received. The same $10,000 in the S&P 500 became $41,633.
What is HPS's total return since Dec 2007?
228% in total, or 6.5% a year, through Oct 2026 with dividends reinvested. The share price alone fell 35%.
How much of HPS's return came from dividends?
About 100% of its yearly return since Dec 2007. Reinvesting them, rather than taking cash, left you $11,553 better off on a $10,000 start.
What was HPS's worst year?
2008, at -32.0% with dividends reinvested (S&P 500: -36.8%). Its deepest fall from a peak, on month-end values, was -50.1%.
How is total return calculated here?
From month-end prices: the adjusted price counts every dividend reinvested in the month it was paid; the plain price doesn't. The S&P 500 is SPY with its dividends reinvested. No trading costs or taxes.