John Hancock Funds Declare Monthly Distributions
John Hancock's closed-end funds declared their monthly distributions on October 1, 2026. The payments, scheduled for October 30, cover five different funds with varying per-share amounts.
John Hancock's closed-end funds have declared their monthly distributions as of October 1, 2026. The payments are scheduled to be made on October 30, 2026.
The funds receiving distributions include the Preferred Income Fund I (HPI), Preferred Income Fund II (HPF), Preferred Income Fund III (HPS), Premium Dividend Fund (PDT), and Tax-Advantaged Dividend Income Fund (HTD). The distribution amounts per share vary by fund, with HPI and HPF paying $0.1235 per share, and HTD distributing $0.1580 per share.
Funds such as the Premium Dividend Fund and the Tax-Advantaged Dividend Income Fund operate under managed distribution plans. Under these plans, the funds make monthly payments set at a predetermined amount. Distributions may consist of net investment income, realized capital gains, or return of capital. The specific composition will be communicated to shareholders if it does not solely consist of net investment income.
Three of the funds – Preferred Income Fund I (HPI), Preferred Income Fund II (HPF), and Preferred Income III Fund (HPS) – will change their fiscal year end from July 31 to October 31, effective October 31, 2026.
John Hancock Investments, part of Manulife Financial Corporation, offers investment services utilizing a diversified range of internal and external asset managers, aiming to provide investors with optimal portfolio outcomes through its global expertise and strategic partnerships.