John Hancock's Monthly Distributions Announced for August 2025
John Hancock Announces Monthly Distributions for August 2025
In an important update for investors, John Hancock has declared its monthly distributions for several closed-end funds, reflecting its ongoing commitment to deliver value to shareholders. The declaration was made on August 1, 2025, and specifics surrounding the funds' distributions have now been disclosed.
Key Details of the Distribution Announcement
- - Declaration Date: August 1, 2025
- - Ex Date: August 11, 2025
- - Record Date: August 11, 2025
- - Payment Date: August 29, 2025
Distribution Amounts and Fund Performance
The following funds are included in this distribution announcement:
| Ticker | Fund Name | Distribution Per Share | Change From Previous Distribution | Market Price as of 7/31/2025 | Annualized Current Distribution Rate at Market |
|---|---|---|---|---|---|
| -- | ------- | ---- | ------ | ------- | --------- |
| HPI | Preferred Income Fund I | $0.1235 | - | $16.06 | 9.23% |
| HPF | Preferred Income Fund II | $0.1235 | - | $16.04 | 9.24% |
| HPS | Preferred Income Fund III | $0.1100 | - | $14.38 | 9.18% |
| PDT | Premium Dividend Fund | $0.0825 | - | $13.34 | 7.42% |
| HTD | Tax-Advantaged Dividend Income Fund | $0.1580 | - | $24.27 | 7.81% |
Insights into Fund Operations
The Premium Dividend Fund has set its monthly distribution at $0.0825 per share under its managed distribution plan. This plan ensures consistent payments until a further announcement is made. Distributions might comprise various sources, including net realized gains and a return of capital, which investors need to understand fully.
Similarly, the Tax-Advantaged Dividend Income Fund is continuing its planned monthly distributions. The issued amount for August is $0.1580 per share, reflecting the Fund's aim to reduce federal income and excise tax implications.
Important Considerations for Investors
Investors must be aware that a part of the distribution may not solely stem from net investment income. A return of capital isn’t a profit distribution but a return of the investors' own funds. Therefore, it is crucial for shareholders to stay informed about the sources of their returns for accurate tax reporting.
As per the Investment Company Act of 1940, an estimated composition of the distribution will be communicated to shareholders at the time of payment, provided it doesn’t consist entirely of net investment income. Look for this information on the Fund's official website.
Conclusion and Forward-Looking Statements
This announcement includes forward-looking statements which may involve risks and uncertainties. Shareholders are advised to carefully assess these distributions against their investment goals. The Board may modify or discontinue the distributions at their discretion.
With transparency and careful management, John Hancock Investments aims to foster a robust investment environment, aligning their strategies with the diverse objectives of their clientele.
For further questions, the investor relations team encourages reaching out directly via their provided contact numbers.
Whether you are a seasoned investor or just starting, staying on top of these distributions and understanding their implications remains integral to maximizing your investment success.
Topics Financial Services & Investing）
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