John Hancock Preferred Income Fund III announced earnings results for the three months ended October 31, 2014. For the period, the company reported net investment income of $11,644,978 or $0.369 per common share compared to net investment income of $11,699,011 or $0.371 per common share of prior year period. As on date, net asset value was $19.12 per share against $17.32 per share for the same date a year ago.