Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

John Hancock Closed-end Funds Declare Monthly Distributions

HPF, HTD, T.MFC

PR Newswire

BOSTON, Feb. 1, 2019 /PRNewswire/ -- The five John Hancock closed-end funds listed below declared their monthly distributions today as follows:

Declaration Date:         February 1, 2019
Ex Date:                       February 8, 2019
Record Date:                February 11, 2019
Payment Date:             February 28, 2019

Ticker

Fund Name

Distribution
Per Share

Change From
Previous
Distribution

Market Price as
of 1/31/2019

Annualized Current
Distribution Rate at
Market

HPI

Preferred Income Fund

$0.1400

-

$21.10

7.96%

HPF

Preferred Income Fund II

$0.1400

-

$21.16

7.94%

HPS

Preferred Income Fund III

$0.1222

-

$18.09

8.11%

PDT

Premium Dividend Fund

$0.0975

-

$16.07

7.28%

HTD

Tax-Advantaged Dividend Income Fund

$0.1380

-

$23.43

7.07%

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 Investments
John Hancock has helped individuals and institutions build and protect wealth since 1862. Today, we're one of the strongest and most-recognized financial brands. We serve investors globally through a unique multimanager approach: We search the world to find proven portfolio teams with specialized expertise for every strategy we offer, then we apply robust investment oversight to ensure they continue to meet our uncompromising standards and serve the best interests of our shareholders. Our approach to asset management has led to a diverse set of investments deeply rooted in investor needs, along with strong risk-adjusted returns across asset classes.

About John Hancock Financial and Manulife Financial
John Hancock is a division of Manulife Financial Corporation, a leading international financial services group that helps people achieve their dreams and aspirations by putting customers' needs first and providing the right advice and solutions. We operate primarily as John Hancock in the United States and as Manulife elsewhere. We provide financial advice, insurance, and wealth and asset management solutions for individuals, groups, and institutions. Assets under management and administration by Manulife and its subsidiaries were over CAD$1.1 trillion (US$849 billion) as of September 30, 2018. Manulife Financial Corporation trades as MFC on the TSX, NYSE, and PSE, and under 945 on the SEHK. Manulife can be found at manulife.com.

One of the largest life insurers in the United States, John Hancock supports approximately 10 million Americans with a broad range of financial products, including life insurance, annuities, investments, 401(k) plans, and education savings plans. Additional information about John Hancock may be found at johnhancock.com.

 

Cision View original content:http://www.prnewswire.com/news-releases/john-hancock-closed-end-funds-declare-monthly-distributions-300788426.html

SOURCE John Hancock Investments



Get the latest news and updates from Stockhouse on social media

Follow STOCKHOUSE Today