Core Viewpoint - Current market uncertainty and volatility in traditional equities make funds like John Hancock Preferred Income Fund III (NYSE: HPS) an attractive option for hedging investor portfolios [1] Investment Strategy - HPS offers investors exposure to a diverse range of assets, which can enhance portfolio stability [1] - A hybrid investment strategy combining classic dividend growth stocks, Business Development Companies, REITs, and Closed End Funds can effectively boost investment income while achieving total returns comparable to traditional index funds like the S&P [1]