#United States #Boston #John Hancock #Diversified Income Fund #Brendan Fludder

Recent Announcements from John Hancock Diversified Income Fund

As of March 31, 2026, the John Hancock Diversified Income Fund (NYSE: HEQ) made headlines with significant updates regarding its financing strategies and portfolio management. The fund, which operates as a closed-end investment vehicle, aims to provide its investors with diversified income sources by tapping into various asset classes.

Leverage Financing Agreement

One of the key announcements was the successful establishment of a liquidity agreement with State Street Bank and Trust Company. This invaluable agreement enables the fund to access up to $48 million. This flexibility is achieved through a combination of a credit line, securities lending, and reverse repurchase agreements. The incorporation of leverage is expected to assist the fund in enhancing its income-generating capabilities and discovering compelling investment opportunities.

The management team at John Hancock Investment Management LLC highlighted that this new financial strategy is part of their ongoing commitment to maximize returns for shareholders. By selectively utilizing leverage, the fund aims to improve its ability to identify profitable ventures while managing risk effectively.

New Addition to Portfolio Management Team

In addition to financing strategies, the fund also announced a noteworthy change in its portfolio management team. Brendan Fludder, CFA, joins Roberto Isch, CFA, as co-portfolio managers. Fludder brings over 15 years of experience in investment management, having been part of the Wellington Management team since 2011.

As a seasoned portfolio manager, Fludder will oversee multi-strategy investment approaches which include manager selection, portfolio construction, and risk management. His proven track record and extensive expertise are anticipated to enhance the fund's strategic direction significantly. Furthermore, Fludder is an active member of the Hedge Fund Advisory Committee and also chairs the Wellington Management Canada Board of Directors, adding tremendous value to his new role.

Outlook and Forward-Looking Statements

While these updates present a promising outlook for the John Hancock Diversified Income Fund, the company urges investors to approach forward-looking statements with caution. Such statements are often met with uncertainties and factors that can lead to actual results differing from expectations.

Hence, potential investors are encouraged to consider the fund's investment objectives, associated risks, charges, and expenses before making investment decisions. The fund continues to strive towards ensuring that its diverse investments align with its long-term goals and provide optimal returns for its shareholders.

About John Hancock Investment Management

As part of the Manulife Financial Corporation, John Hancock Investment Management adopts a multimanager approach. This strategy efficiently combines in-house capabilities with a network of specialized asset managers, ensuring rigorous investment oversight. This approach leads to a diverse portfolio of carefully selected investments aligning with the firm’s heritage of financial stewardship.

With its established presence and commitment to empowering investors, John Hancock Wealth and Asset Management seeks to provide better investment outcomes and impact, helping individuals save confidently for a secure financial future.

To learn more about the John Hancock Diversified Income Fund or for more specifics about its recent announcements, interested parties can visit the official website or contact their investor relations team. This venture highlights the importance of strategic financial planning and diligent management practices in today’s competitive investment landscape.