JOHN HANCOCK CLOSED-END FUNDS DECLARE MONTHLY DISTRIBUTIONS

$HPF
$HPS
$HTD
$PDT
Finance Companies
Finance
Investment Managers
Finance
Get the next $HPF alert in real time by email

BOSTON, Dec. 2, 2024 /PRNewswire/ - The John Hancock closed-end funds listed below declared their monthly distributions today as follows:

Declaration Date:         December 2, 2024 

Ex Date:                       December 12, 2024

Record Date:                December 12, 2024

Payment Date:             December 31, 2024

Ticker

Fund Name

Distribution

Per Share 

Change From

Previous Distribution

Market Price as

of 11/29/2024

Annualized Current

Distribution Rate at

Market

HPF

Preferred Income Fund II

$0.1235

-

$17.35

8.54 %

HPS

Preferred Income Fund III

$0.1100

-

$15.76

8.38 %

PDT

Premium Dividend Fund

$0.0825

-

$13.23

7.48 %

HTD

Tax-Advantaged Dividend 

Income Fund

$0.1380

-

$23.64

7.01 %

John Hancock Premium Dividend Fund

Premium Dividend Fund (the "Fund") declared its monthly distribution pursuant to the Fund's managed distribution plan (the "PDT Plan"). Under the PDT Plan, the Fund makes monthly distributions of an amount equal to $0.0825 per share. This amount will be paid monthly until further notice.  

Distributions under the PDT Plan may consist of net investment income, net realized long-term capital gains, net realized short-term capital gains and, to the extent necessary, return of capital.

The Fund may also make additional distributions (i) for purposes of not incurring federal income tax on investment company taxable income and net capital gain of the Fund, if any, not included in such regular distributions and (ii) for purposes of not incurring federal excise tax on ordinary income and capital gain net income, if any, not included in such regular monthly distributions.

The Board may amend the terms of the PDT Plan or terminate the PDT Plan at any time.

John Hancock Tax-Advantaged Dividend Income Fund

Tax-Advantaged Dividend Income Fund (the "Fund") declared its monthly distribution pursuant to the Fund's managed distribution plan (the "HTD Plan"). Under the HTD Plan, the Fund makes monthly distributions of an amount equal to $0.1380 per share. This amount will be paid monthly until further notice.  

Distributions under the HTD Plan may consist of net investment income, net realized long-term capital gains, net realized short-term capital gains and, to the extent necessary, return of capital.

The Fund may also make additional distributions (i) for purposes of not incurring federal income tax on investment company taxable income and net capital gain of the Fund, if any, not included in such regular distributions and (ii) for purposes of not incurring federal excise tax on ordinary income and capital gain net income, if any, not included in such regular monthly distributions.

The Board may amend the terms of the HTD Plan or terminate the HTD Plan at any time.

A portion of a Fund's current distribution may include sources other than net investment income, including a return of capital. Investors should understand that a return of capital is not a distribution from income or gains of a Fund. As required under the Investment Company Act of 1940, a notice with the estimated components of the distribution will be sent to shareholders at the time of payment if it does not consist solely of net investment income. Such notice will also be posted to the Funds' website at www.jhinvestments.com. The notice should not be used to prepare tax returns as the estimates indicated in the notice may differ from the ultimate federal income tax characterization of distributions. After the end of each calendar year, investors will be sent a Form 1099-DIV informing them how to report distributions received during that year for federal income tax purposes.

Statements in this press release that are not historical facts are forward-looking statements as defined by the United States securities laws. You should exercise caution in interpreting and relying on forward-looking statements because they are subject to uncertainties and other factors which are, in some cases, beyond the Fund's control and could cause actual results to differ materially from those set forth in the forward-looking statements.

An investor should consider a Fund's investment objectives, risks, charges and expenses carefully before investing.

About John Hancock Investment Management

A company of Manulife Investment Management, we serve investors through a unique multimanager approach, complementing our extensive in-house capabilities with an unrivaled network of specialized asset managers, backed by some of the most rigorous investment oversight in the industry. The result is a diverse lineup of time-tested investments from a premier asset manager with a heritage of financial stewardship.

About Manulife Investment Management

Manulife Investment Management is the global brand for the global wealth and asset management segment of Manulife Financial Corporation. We draw on more than a century of financial stewardship and the full resources of our parent company to serve individuals, institutions, and retirement plan members worldwide. Headquartered in Toronto, our leading capabilities in public and private markets are strengthened by an investment footprint that spans 18 geographies. We complement these capabilities by providing access to a network of unaffiliated asset managers from around the world. We're committed to investing responsibly across our businesses. We develop innovative global frameworks for sustainable investing, collaboratively engage with companies in our securities portfolios, and maintain a high standard of stewardship where we own and operate assets, and we believe in supporting financial well-being through our workplace retirement plans. Today, plan sponsors around the world rely on our retirement plan administration and investment expertise to help their employees plan for, save for, and live a better retirement. Not all offerings are available in all jurisdictions. For additional information, please visit manulifeim.com.

Cision View original content:https://www.prnewswire.com/news-releases/john-hancock-closed-end-funds-declare-monthly-distributions-302320096.html

SOURCE John Hancock Investment Management

Get the next $HPF alert in real time by email

Chat with this insight

Save time and jump to the most important pieces.

Q&A

New
  • What date did John Hancock declare the monthly distributions for its closed-end funds?

    John Hancock has declared monthly distributions for its closed-end funds on December 2, 2024.

  • What is the ex-dividend date for the declared distributions?

    The ex-dividend date for the distributions is December 12, 2024.

  • When will the distributions be paid to shareholders?

    The payment date for the distributions is December 31, 2024.

  • What are the distribution amounts per share for HPF and HTD?

    The distribution for the Preferred Income Fund II (HPF) is $0.1235 per share, while the Tax-Advantaged Dividend Income Fund (HTD) is $0.1380 per share.

  • What components can the distributions under the managed distribution plans include?

    Distributions under the managed distribution plans may consist of net investment income, net realized capital gains, and may also include a return of capital if necessary.

Recent Analyst Ratings for
$HPF
$HPS
$HTD
$PDT

CompanyDatePrice TargetRatingAnalyst
More analyst ratings

$HPF
$HPS
$HTD
$PDT
Press Releases

Fastest customizable press release news feed in the world

See more
  • JOHN HANCOCK CLOSED-END FUNDS DECLARE MONTHLY DISTRIBUTIONS

    BOSTON, April 1, 2025 /PRNewswire/ - The John Hancock closed-end funds listed below declared their monthly distributions today as follows: Declaration Date:         April 1, 2025 Ex Date:                       April 11, 2025 Record Date:                 April 11, 2025 Payment Date:             April 30, 2025   Ticker Fund Name Distribution PerShare  Change From PreviousDistribution Market Price asof 3/31/2025 Annualized CurrentDistribution Rate atMarket HPI Preferred Income Fund I $0.1235 - $16.59 8.93 % HPF Preferred Income Fund II $0.1235 - $16.62 8.92 % HPS Preferred Income Fund III $0.1100 - $15.00 8.80 % PDT Premium Dividend Fund $0.0825 - $13.08 7.57 % HTD Tax-Advantaged Dividend Inco

    $HPF
    $HPI
    $HPS
    $PDT
    Finance Companies
    Finance
    Trusts Except Educational Religious and Charitable
    Investment Managers
  • JOHN HANCOCK PREMIUM DIVIDEND FUND NOTICE TO SHAREHOLDERS - SOURCES OF DISTRIBUTION UNDER SECTION 19(a)

    BOSTON, March 31, 2025 /PRNewswire/ - John Hancock Premium Dividend Fund (NYSE:PDT) (the "Fund"), a closed-end fund managed by John Hancock Investment Management LLC and subadvised by Manulife Investment Management (US) LLC, announced today sources of its monthly distribution of $0.0825 per share paid to all shareholders of record as of March 13, 2025, pursuant to the Fund's managed distribution plan. This press release is issued as required by an exemptive order granted to the Fund by the U.S. Securities and Exchange Commission.      Notification of Sources of Distribution This notice provides shareholders of the John Hancock Premium Dividend Fund (NYSE:PDT) with important information conc

    $PDT
    Finance Companies
    Finance
  • JOHN HANCOCK TAX-ADVANTAGED DIVIDEND INCOME FUND NOTICE TO SHAREHOLDERS - SOURCES OF DISTRIBUTION UNDER SECTION 19(a)

    BOSTON, March 31, 2025 /PRNewswire/ - John Hancock Tax-Advantaged Dividend Income Fund (NYSE: HTD) (the "Fund"), a closed-end fund managed by John Hancock Investment Management LLC and subadvised by Manulife Investment Management (US) LLC, announced today sources of its monthly distribution of $0.1380 per share paid to all shareholders of record as of March 13, 2025, pursuant to the Fund's managed distribution plan. This press release is issued as required by an exemptive order granted to the Fund by the U.S. Securities and Exchange Commission.    Notification of Sources of Distribution                                                        This notice provides shareholders of the John Han

    $HTD
    Finance Companies
    Finance

$HPF
$HPS
$HTD
$PDT
Insider Purchases

Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

See more

$HPF
$HPS
$HTD
$PDT
Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

See more

$HPF
$HPS
$HTD
$PDT
Financials

Live finance-specific insights

See more
  • Amendment: SEC Form N-2/A filed by John Hancock Premium Dividend Fund

    N-2/A - JOHN HANCOCK PREMIUM DIVIDEND FUND (0000855886) (Filer)

    $PDT
    Finance Companies
    Finance
  • JOHN HANCOCK CLOSED-END FUNDS DECLARE MONTHLY DISTRIBUTIONS

    BOSTON, April 1, 2025 /PRNewswire/ - The John Hancock closed-end funds listed below declared their monthly distributions today as follows: Declaration Date:         April 1, 2025 Ex Date:                       April 11, 2025 Record Date:                 April 11, 2025 Payment Date:             April 30, 2025   Ticker Fund Name Distribution PerShare  Change From PreviousDistribution Market Price asof 3/31/2025 Annualized CurrentDistribution Rate atMarket HPI Preferred Income Fund I $0.1235 - $16.59 8.93 % HPF Preferred Income Fund II $0.1235 - $16.62 8.92 % HPS Preferred Income Fund III $0.1100 - $15.00 8.80 % PDT Premium Dividend Fund $0.0825 - $13.08 7.57 % HTD Tax-Advantaged Dividend Inco

    $HPF
    $HPI
    $HPS
    $PDT
    Finance Companies
    Finance
    Trusts Except Educational Religious and Charitable
    Investment Managers
  • JOHN HANCOCK PREMIUM DIVIDEND FUND NOTICE TO SHAREHOLDERS - SOURCES OF DISTRIBUTION UNDER SECTION 19(a)

    BOSTON, March 31, 2025 /PRNewswire/ - John Hancock Premium Dividend Fund (NYSE:PDT) (the "Fund"), a closed-end fund managed by John Hancock Investment Management LLC and subadvised by Manulife Investment Management (US) LLC, announced today sources of its monthly distribution of $0.0825 per share paid to all shareholders of record as of March 13, 2025, pursuant to the Fund's managed distribution plan. This press release is issued as required by an exemptive order granted to the Fund by the U.S. Securities and Exchange Commission.      Notification of Sources of Distribution This notice provides shareholders of the John Hancock Premium Dividend Fund (NYSE:PDT) with important information conc

    $PDT
    Finance Companies
    Finance

$HPF
$HPS
$HTD
$PDT
Large Ownership Changes

This live feed shows all institutional transactions in real time.

See more