#USA #Boston #Investment Management #John Hancock #Preferred Income Fund

John Hancock Announces Monthly Distribution for December 2025

On December 1, 2025, the John Hancock closed-end Preferred Income Fund made a significant announcement regarding its monthly distribution. This development is crucial for investors who rely on consistent income from their investments in this fund.

Key Details of the Distribution

The fund has declared its distribution with the following critical dates:

• - Declaration Date: December 1, 2025
• - Ex Date: December 11, 2025
• - Record Date: December 11, 2025
• - Payment Date: December 18, 2025

For this monthly distribution, the Preferred Income Fund I (Ticker: HPI) has set a distribution rate of $0.1235 per share. With the fund's market price standing at $16.95 as of November 28, 2025, this yields an annualized current distribution rate of 8.74%. Investors can assess this rate's implications on their portfolios based on their investment strategies.

Understanding the Distribution Composition

It’s crucial for investors to note that a portion of the Fund's distribution might originate from sources other than net investment income. This may include returns of capital, which are important for shareholders to recognize as they do not signify income or gains accrued from the fund.

As per the regulations under the Investment Company Act of 1940, detailed notifications regarding the estimated composition of the distribution will reach shareholders on the payment day. This advisory will be accessible on the fund's website at jhinvestments.com. However, investors are cautioned that such notices should not solely serve as a basis for tax return preparations, as the estimates could differ from the actual characterization during the federal tax reporting period. Once the calendar year concludes, shareholders will receive a Form 1099-DIV, which outlines how to report distributions received for that year concerning federal tax liabilities.

Considerations for Investors

In light of the forward-looking statements highlighted in this press release, potential investors should use discretion when interpreting these forecasts. The outcomes may be influenced by factors beyond the fund's control, which might lead to divergences from the anticipated results. Investors are encouraged to thoroughly assess the fund's objectives, risks, charges, and overall performance before committing their capital.

About John Hancock Investment Management

John Hancock Investment Management is part of Manulife Investment Management, known for its unique approach to asset management. This includes a blend of in-house capabilities and a wide network of specialized asset managers. Their legacy as a robust asset manager aligns with a strong commitment to financial stewardship, giving investors access to a diverse range of investments.

The firm focuses on responsible and sustainable investing to bolster individuals and institutions seeking to plan for a secure financial future. The support offered extends to workplace retirement plans, ensuring that employees are adequately prepared for retirement.

In summary, the announcement from John Hancock about their Preferred Income Fund's monthly distribution emphasizes their dedication to providing regular income for investors. As we move towards the payment date, shareholders should stay informed on the specifics of their distributions and understand the broader implications for their investments. For more information, please visit manulifeim.com.