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JOHN HANCOCK CLOSED-END FUNDS DECLARE QUARTERLY DISTRIBUTIONS
- John Hancock closed-end funds declared their quarterly distributions on June 2, 2025, with payments scheduled for June 30, 2025, across multiple locations.
- These distributions arise under managed distribution plans, including the HEQ Plan for the Diversified Income Fund and the BTO Plan for the Financial Opportunities Fund, designed for tax efficiency and fund sustainability.
- Distributions can include net investment income, realized capital gains, and return of capital—which represents a portion of the investor’s initial investment rather than earnings—and shareholders will receive an estimate of these components when distributions are made.
- For example, the HEQ Diversified Income Fund pays $0.25 per share quarterly with a 9.48% annualized distribution rate, while the BTO Financial Opportunities Fund pays $0.65 per share with a 7.60% rate as of May 30, 2025.
- Investors receive Form 1099-DIV annually for tax reporting, and the funds' boards retain authority to amend or end distribution plans; this reflects a multimanager approach and prudent oversight under regulatory compliance.
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JOHN HANCOCK CLOSED-END FUNDS DECLARE QUARTERLY DISTRIBUTIONS - John Hancock Hedged (NYSE:HEQ), John Hancock Finl Opps (NYSE:BTO)
BOSTON, June 2, 2025 /PRNewswire/ - The John Hancock closed-end funds listed below declared their quarterly distributions today as follows: Declaration Date: June 2, 2025Ex Date: June 12, 2025Record Date: June 12, 2025Payment Date: June 30, 2025 Ticker Fund Name Distribution Per Share Change From Previous Distribution Market Price as of 5/30/2025 Annualized Current Distribution Rate at Market HEQ Diversified Incom…
·New York, United States
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Total News Sources40
Leaning Left6Leaning Right2Center14Last UpdatedBias Distribution64% Center
Bias Distribution
- 64% of the sources are Center
64% Center
L 27%
C 64%
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