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JOHN HANCOCK CLOSED-END FUNDS DECLARE MONTHLY DISTRIBUTIONS - John Hancock Preferred (NYSE:HPI), John Hancock Preferred (NYSE:HPF)
SUFFOLK COUNTY, MASSACHUSETTS, AUG 2 – John Hancock closed-end funds declared monthly distributions under managed plans to provide regular income and minimize federal taxes on undistributed income and gains.
- In Boston on Aug. 1, 2025, John Hancock Tax-Advantaged Dividend Income Fund declared its monthly distribution pursuant to the HTD Plan.
- Managed distribution plans require funds to avoid federal taxes, with the Premium Dividend Fund making monthly distributions of $0.0825 per share, as outlined under the PDT Plan.
- Shareholders will receive notices under the Investment Company Act of 1940, and distributions may include return of capital, not income or gains.
- Shareholders will receive distributions monthly until further notice, and a Form 1099-DIV will report them, noting that return of capital is not income or gains.
- Positioned as a premier manager, John Hancock closed-end funds serve 19 million investors worldwide with a diverse lineup of time-tested investments, though not all are available in all jurisdictions.
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JOHN HANCOCK CLOSED-END FUNDS DECLARE MONTHLY DISTRIBUTIONS - John Hancock Preferred (NYSE:HPI), John Hancock Preferred (NYSE:HPF)
BOSTON, Aug. 1, 2025 /PRNewswire/ - The John Hancock closed-end funds listed below declared their monthly distributions today as follows: Declaration Date: August 1, 2025 Ex Date: August 11, 2025 Record Date: August 11, 2025 Payment Date: August 29, 2025 Ticker Fund Name DistributionPer Share Change From Previous Distribution Market Price asof 7/31/2025 Annualized Cur…
·Detroit, United States
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Total News Sources53
Leaning Left3Leaning Right6Center30Last UpdatedBias Distribution77% Center
Bias Distribution
- 77% of the sources are Center
77% Center
C 77%
15%
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