#United States #Boston #Investment Management #John Hancock #Preferred Income Fund

John Hancock Declares Monthly Distribution for December 2025

On December 19, 2025, John Hancock Investment Management announced the monthly distribution for its closed-end Preferred Income Fund, providing shareholders with important details regarding the upcoming payout schedule and the underlying implications for their investments. This declaration marks a significant step in the fund's commitment to delivering consistent returns to its investors.

Key Dates for Shareholders

The declaration has established several crucial dates for shareholders to note:

• - Declaration Date: December 19, 2025
• - Ex-Date: December 29, 2025
• - Record Date: December 29, 2025
• - Payment Date: January 30, 2026

These dates are pivotal for investors as they determine who qualifies for the monthly distribution and the timing of payments. The distribution amount has been set at $0.1235 per share, remaining unchanged from the previous month’s distribution, with a market price of $16.47 as of December 18, 2025. This equates to an annualized current distribution rate of 9.00%, underlining the fund's reliability in providing regular income to its investors.

Important Reasons Behind the Schedule Change

One noteworthy aspect of this distribution declaration is the acceleration of the normally scheduled distribution dates. The fund has proactively advanced its declaration, ex-date, and record date to ensure compliance with federal excise tax requirements for the year 2025. This strategic move is essential to fulfill regulatory obligations while continuing to support investor interests. For future months, the fund anticipates returning to its regular monthly declaration and payment schedule starting in February 2026.

Investors should be aware that a section of the fund's distributions may derive from sources other than net investment income, potentially including a return of capital. This type of distribution does not represent income or gains from the fund but rather a return of the original investment. To provide transparency, a notice with details about the estimated components of the distribution will be distributed at the time of payment. This notice will also be accessible on the fund's official website, www.jhinvestments.com.

Regulatory Compliance and Forward-Looking Statements

In line with regulatory standards set forth by the Investment Company Act of 1940, the fund will provide detailed tax implications linked to the distributions to its shareholders. This means that investors will receive a Form 1099-DIV at the end of the calendar year to assist them in preparing their tax returns, which will inform them how to report distributions received for federal income tax purposes.

For potential investors, it's crucial to consider the fund’s investment objectives, risks, charges, and expenses before committing any capital. Such considerations will help ensure that their investments align with individual financial goals and risk tolerance levels.

About John Hancock Investment Management

John Hancock Investment Management is a component of Manulife Investment Management, renowned for its multimanager approach. This strategy combines in-house investment capabilities with a global network of specialized asset managers, ensuring a diversified portfolio for its clients. With a legacy of over a century in financial stewardship, John Hancock serves both individual and institutional investors, providing essential insights and support for managing investments effectively.

As the investment landscape evolves, John Hancock continues to focus on responsible investing practices and comprehensive asset management solutions, further solidifying its commitment to clients. For more information on the fund's offerings and performance, interested parties are encouraged to visit Manulife Investment Management's site.