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John Hancock Financial Opportunities Fund Quarterly Distribution Announcement

The John Hancock Financial Opportunities Fund (BTO), a closed-end fund managed by John Hancock Investment Management LLC, has recently issued a vital notice for its shareholders regarding the upcoming quarterly distribution payment. This distribution, outlined under Section 19(a), is intended to keep investors informed about how their dividends are sourced.

Key Details of the Announcement

On December 31, 2024, the fund will distribute $0.6500 per share to all shareholders who were on record as of December 12, 2024. This announcement reflects the ongoing commitment of the fund to its managed distribution plan, which aims to provide transparency and structured payouts to shareholders.

According to the statement issued through PR Newswire, no further action is required by shareholders concerning this distribution. The details outlined in this notice include the allocation of the distribution amount and the sources from which these funds are derived.

Breakdown of Current Distribution

For the quarter ending December 31, 2024, the fund has provided the following breakdown of the $0.6500 distribution:

• - Net Investment Income: $0.0948 (15% of total distribution)
• - Net Realized Short-Term Capital Gains: $0.0480 (7% of total distribution)
• - Net Realized Long-Term Capital Gains: $0.5072 (78% of total distribution)
• - Return of Capital or Other Sources: $0.0000 (0% of total distribution)

This distribution structure illustrates that a significant portion, 78%, is sourced from long-term capital gains—a positive indicator for investors regarding the fund's performance and investment strategies.

Year-to-Date Cumulative Distribution Sources

In addition to current payouts, the following cumulative totals have been reported for the fiscal year-to-date, which began on January 1, 2024:

• - Total Cumulative Distributions: $2.5965 per share
• - Percentage Breakdown:

- Net Investment Income: 16%
- Net Realized Short-Term Capital Gains: 8%
- Net Realized Long-Term Capital Gains: 72%
- Return of Capital or Other Sources: 4%

Fund Performance and Returns

The fund has reported an average annual total return of 10.19% based on net asset value (NAV) over the last five years ending November 30, 2024. This is complemented by an annualized current distribution rate of 6.74% relative to NAV.

Furthermore, cumulative total returns from the start of the fiscal year up to November 30, 2024, stand at 34.58%. This robust performance emphasizes the fund's effective management and growth potential, which could be appealing to current and prospective investors.

Important Considerations

It is crucial for investors to note that the current distribution reflects the fund's estimated performance, and future distributions may vary based on actual income and realized gains. A portion of distributions could stem from capital return, which does not necessarily indicate income generated from investments.

For any inquiries or additional information regarding your holdings, reach out to your financial advisor or the John Hancock Investment Management Closed-End Fund Information Line at 1-800-843-0090 during business hours.

In conclusion, the John Hancock Financial Opportunities Fund continues its commitment to providing substantial quarterly distributions to its shareholders while demonstrating solid performance metrics and a structured approach to fund management. The date of the distribution serves as a reminder for investors to keep track of their investments and the fund's performance dynamics.

For further insights into John Hancock's investment strategies and plans for 2025, keep an eye out for their upcoming releases and performance reports.

Stay informed to maximize your investment outcomes!