#United States #Boston #John Hancock Fund #shareholder notice #Diversified Income

Understanding the John Hancock Diversified Income Fund's Quarterly Distributions and Their Sources

An Overview of the John Hancock Diversified Income Fund's Distribution Notice

The John Hancock Diversified Income Fund (NYSE: HEQ), a prominent closed-end fund managed by John Hancock Investment Management LLC, released important information regarding its quarterly distribution to shareholders. This distribution, amounting to $0.2500 per share, is particularly relevant for those holding shares as of December 11, 2025, and the payment is scheduled for December 31, 2025. The announcement complies with a required notification under an exemptive order from the U.S. Securities and Exchange Commission (SEC).

Details of the Distribution

The quarterly distribution of $0.2500 per share is a part of the Fund's managed distribution plan. This plan outlines fixed distributions made quarterly until further notifications are issued. In this specific instance, shareholders are informed that no immediate action is required to receive their distributions; the process will be handled automatically based on the recorded shareholders.

Period of Distribution

- Distribution Period: December 2025
- Distribution Amount: $0.2500 per common share

Sources of Distribution

A significant aspect highlighted in the notification is the sources of funds for this distribution. The following breakdown is provided to give shareholders clarity about where the distribution payments are originating from:

Source	Current Distribution ($)	% Breakdown of Current Distribution	Total Cumulative Distributions ($)	% Breakdown of Total Cumulative Distributions
---------	------	--------	-------	----------
Net Investment Income	0.1253	50%	0.6344	63%
Net Realized Short-Term Capital Gains	0.1247	50%	0.1671	17%
Net Realized Long-Term Capital Gains	0.0000	0%	0.1191	12%
Return of Capital or Other Capital Source	0.0000	0%	0.0816	8%
Total	0.2500	100%	1.0022	100%

Caution for Investors

As indicated in the notice, it is essential for investors not to directly equate the distribution amount with the Fund's overall investment performance. The announcement emphasizes that the Fund estimates distribution to have exceeded income and net realized capital gains, implying that part of the distribution may reflect a return of capital. This return should not be confused with yield or income, as it may simply be a reimbursement of part of the initial investment.

Annualized Returns and Performance Metrics

In assessing the Fund’s performance over a broader timeline, the average annual total return based on net asset value (NAV) has been reported at 9.28% for the five-year period ending November 28, 2025. Additionally, the annualized current distribution rate is noted at 8.14% based on the same NAV date. Reflecting on the fiscal year that will conclude on December 31, 2025, the cumulative total return has been around 13.16%, with a distribution yield of 8.16%.

Conclusion and Contact Information

Shareholders and potential investors are encouraged to review this detailed summary and consider the implications of the distributions. For any questions or further clarification, contacting a financial professional is advised. Alternatives also include reaching out to the Manulife John Hancock Closed-End Fund Information Line at 1-800-843-0090.

About the Management
The fund is managed by John Hancock Investment Management, which prides itself on a multimanager approach ensuring robust asset management through both internal teams and external specialized managers. Their dedication to investment oversight and financial stewardship enhances the value of investors’ portfolios.

For more detailed updates and information, shareholders can also direct inquiries to Gordon Haight at 617-572-0034. Investors should carefully evaluate risk factors, objectives, charges, and expenses before investing in any fund.