John Hancock Closed-End Funds Announce Their Quarterly Distributions for June 2025
John Hancock Closed-End Funds Declare Quarterly Distributions
On June 2, 2025, John Hancock Investment Management officially announced the quarterly distributions for its closed-end funds. This declaration includes significant information regarding the funds' payment schedules, distribution rates, and relevant dates for investors. The funds listed below provide a valuable insight into the financial activities managed by John Hancock in the investment sector.
Important Dates
- - Declaration Date: June 2, 2025
- - Ex Date: June 12, 2025
- - Record Date: June 12, 2025
- - Payment Date: June 30, 2025
These dates are crucial for shareholders and prospective investors who track their dividends and distributions effectively.
Overview of the Funds and Their Distributions
Here is a brief overview of the funds along with their respective distributions per share and any changes compared to previous distributions:
| Ticker | Fund Name | Distribution Per Share | Change From Previous Distribution | Market Price (as of 5/30/2025) | Annualized Current Distribution Rate at Market |
|---|---|---|---|---|---|
| -- | ------- | ------ | ------- | ------ | ----------- |
| HEQ | Diversified Income Fund | $0.2500 | - | $10.55 | 9.48% |
| JHS | Income Securities Trust | $0.1435 | $0.0117 | $11.28 | 5.09% |
| JHI | Investors Trust | $0.2990 | $0.0641 | $13.40 | 8.93% |
| BTO | Financial Opportunities Fund | $0.6500 | - | $34.20 | 7.60% |
The Diversified Income Fund under the HEQ Plan declares a fixed quarterly distribution of $0.2500 per share. Under this structure, distributions can include net investment income, realized capital gains, and potentially a return of capital to optimize tax liabilities. Further details will be communicated to shareholders alongside the payments that will occur steadily until revised or discontinued.
The Financial Opportunities Fund similarly declares its distribution under the BTO Plan, which denotes a fixed amount of $0.6500 per share. These distributions aim to be tax-efficient, primarily funded through long-term capital gains whenever feasible.
Understanding Returns of Capital
It is significant to note that portions of a fund's distribution may originate from sources excluding net investment income, such as returns of capital. Investors must recognize that returns of capital do not equate to income or gains from the fund itself. Each distribution's estimated components must be communicated accurately to ensure shareholders can report them for tax purposes accordingly.
As articulated in the Investment Company Act of 1940, any distribution that includes elements beyond net investment income will prompt notifications to all shareholders detailing the expected components.
Conclusion
Investing in John Hancock's closed-end funds provides individuals with various opportunities to generate income through distributions. Observing the quarterly distribution declaration offers insights into market performance, fund management, and overall fiscal health. Investors are encouraged to stay updated on forthcoming disclosures to navigate their investments prudently.
For further inquiries regarding investment strategies, please reach out to the investor relations team at John Hancock. Detailed insights, educational resources, and financial services await those ready to enhance their investment landscape.
About John Hancock Investments:
John Hancock Investment Management employs a multi-manager approach and boasts a partnership network of specialized asset managers. With a commitment to financial stewardship, they strive to deliver diverse investment options to clients worldwide.
For additional information, visit John Hancock.
Media Contact:
Gordon Haight
(617) 572-0034
Investor Contact:
(800) 843-0090
Topics Financial Services & Investing）
【About Using Articles】
You can freely use the title and article content by linking to the page where the article is posted.
※ Images cannot be used.
【About Links】
Links are free to use.