John Hancock Closed-End Funds Announce Monthly Distributions for November 2026
Monthly Distributions Declared by John Hancock Closed-End Funds
On November 2, 2026, John Hancock Investment Management announced that several of its closed-end funds have declared their monthly distributions for November. This release outlines the details of each fund, including the declaration date, ex-date, record date, payment date, and the distribution amounts per share.
Overview of the Funds and Their Distributions
Declaration and Payment Dates
The key dates associated with these distributions are:
- - Declaration Date: November 2, 2026
- - Ex Date: November 12, 2026
- - Record Date: November 12, 2026
- - Payment Date: November 30, 2026
Specific Fund Details
The following table summarizes the distribution amounts for each fund:
| Ticker | Fund Name | Distribution Per Share | Change From Previous Distribution | Market Price (as of 10/30/2026) | Annualized Current Distribution Rate at Market |
|---|---|---|---|---|---|
| -- | -------- | ---- | ------ | ------- | --------- |
| HPI | Preferred Income Fund I | $0.1235 | $- | $13.34 | 11.11% |
| HPF | Preferred Income Fund II | $0.1235 | $- | $12.86 | 11.52% |
| HPS | Preferred Income Fund III | $0.1100 | $- | $11.77 | 11.21% |
| PDT | Premium Dividend Fund | $0.0883 | $- | $12.04 | 8.80% |
| HTD | Tax-Advantaged Dividend Income Fund | $0.1580 | $- | $23.38 | 8.11% |
Note: The John Hancock Preferred Income Funds (HPI, HPF, HPS) have adjusted their fiscal year-end from July 31 to October 31, effective October 31, 2026.
Strategic Distribution Plans
The Premium Dividend Fund operates under a managed distribution plan (PDT Plan), which maintains a consistent monthly distribution rate of $0.0883 per share. This is designed to provide predictability for investors. Additionally, the Tax-Advantaged Dividend Income Fund follows a similar managed distribution plan (HTD Plan), declaring a monthly distribution of $0.1580 per share.
These distributions may consist of various components such as net investment income, realized long-term and short-term capital gains, and, if necessary, a return of capital. The funds are also permitted to make additional distributions to avoid incurring federal taxes on taxable income and capital gains not included in regular distributions.
Important Considerations for Investors
Investors should be aware that certain portions of the current distributions could include returns of capital, which are not classified as income or gains from the fund. Notifications detailing the estimated components of each distribution will be provided at the time of payment, ensuring transparency regarding how distributions should be reported for tax purposes.
As mandatory under the Investment Company Act of 1940, a Form 1099-DIV will be sent to investors post-calendar year, detailing how to report distributions for federal income tax purposes.
Looking Forward
While the financial landscape can present uncertainties, the forward-looking statements made by the fund representatives encourage investors to consider the objectives, risks, charges, and expenses associated with these funds before making any investment decisions.
About John Hancock Investments
John Hancock Investment Management operates with a multi-manager strategy that combines internal investment capabilities with external management expertise. This approach aims to provide a diverse range of investment options tailored to serve the best interests of clients. The firm emphasizes a commitment to transparency and proactive financial stewardship.
For more information, consult the official website at www.jhinvestments.com.
This announcement delivers essential insights for current and potential investors in John Hancock's closed-end funds, emphasizing the firm's strategic approach to positioning itself positively in the investment landscape.
Topics Financial Services & Investing）
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