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Monthly Distribution Announcements from John Hancock

On July 1, 2026, John Hancock Investment Management proclaimed their latest monthly distributions for various closed-end funds, continuing their commitment to providing attractive investment options for their shareholders. Here’s a detailed overview of the announcements:

Key Dates

• - Declaration Date: July 1, 2026
• - Ex Date: July 13, 2026
• - Record Date: July 13, 2026
• - Payment Date: July 31, 2026

Fund Distribution Details

The following funds have declared their respective monthly distributions:

• - Preferred Income Fund I (Ticker: HPI):

- Distribution Per Share: $0.1235
- Market Price as of 6/30/2026: $16.21
- Annualized Current Distribution Rate: 9.14%

• - Preferred Income Fund II (Ticker: HPF):

- Distribution Per Share: $0.1235
- Market Price as of 6/30/2026: $15.87
- Annualized Current Distribution Rate: 9.34%

• - Preferred Income Fund III (Ticker: HPS):

- Distribution Per Share: $0.1100
- Market Price as of 6/30/2026: $14.54
- Annualized Current Distribution Rate: 9.08%

• - Tax-Advantaged Dividend Income Fund (Ticker: HTD):

- Distribution Per Share: $0.1580
- Market Price as of 6/30/2026: $25.49
- Annualized Current Distribution Rate: 7.44%

Among these funds, the Tax-Advantaged Dividend Income Fund operates under a managed distribution plan, which aims to provide investors consistent monthly payouts. This fund's distribution of $0.1580 per share is dedicated to delivering value until further notice.

Distribution Composition

Distributions from these funds may comprise various sources, including net investment income, long-term capital gains, and, if necessary, return of capital. It’s crucial for investors to note that a portion of these distributions may not stem from the fund's income or gains but from returned capital.

Investor Considerations

Under the Investment Company Act of 1940, shareholders will receive a notice with the estimated components of the distribution at the time of payment, particularly when it doesn’t solely reflect net investment income. Furthermore, an annual Form 1099-DIV will be dispatched to assist investors in managing their federal income tax responsibilities.

John Hancock warns investors to approach forward-looking statements with caution. These statements are influenced by uncertain factors beyond the Fund's control and may result in actual outcomes deviating significantly from projections.

About John Hancock Investments

John Hancock Investments operates on a unique multi-manager approach, utilizing both internal capabilities and a broad network of specialized asset managers. This results in a diverse portfolio that seeks to provide robust investment options for their clients.

For further information regarding investment objectives, risks, and expenses, prospective investors are encouraged to conduct thorough research before committing. Additionally, detailed updates about the funds can be found on the official John Hancock Investments Website.

Conclusion

With these recent announcements, John Hancock Investment Management continues to demonstrate its commitment to delivering value to its shareholders, ensuring that they remain well-informed about their investment opportunities.