#United States #Boston #John Hancock #Premium Dividend Fund #Closed-End Funds

Monthly Distributions Declared by John Hancock

On June 1, 2026, John Hancock Investment Management officially announced the monthly distributions for several of its closed-end funds. This marks an important update for shareholders as they can anticipate their returns shortly. The distributions are critical to providing steady income to investors and reflecting the funds' overall performance in the market.

The announcement includes the declaration date, ex-date, record date, and payment date for all distributions. The declaration date, June 1, 2026, is when the funds officially announce the amount to be distributed. The ex-date, set for June 11, 2026, is the cutoff date to buy shares to be eligible for the upcoming payment. The record date, also on June 11, evaluates who can receive the distribution, while the payment date is scheduled for June 30, 2026.

Detailed Distribution Information

The following are the key details for the closed-end funds involved:

• - Preferred Income Fund I (Ticker: HPI)

- Distribution per Share: $0.1235
- Market Price (as of 5/29/2026): $16.24
- Annualized Current Distribution Rate: 9.13%

• - Preferred Income Fund II (Ticker: HPF)

- Distribution per Share: $0.1235
- Market Price: $16.18
- Annualized Rate: 9.16%

• - Preferred Income Fund III (Ticker: HPS)

- Distribution per Share: $0.1100
- Market Price: $14.66
- Annualized Rate: 9.00%

• - Premium Dividend Fund (Ticker: PDT)

- Distribution per Share: $0.0825
- Market Price: $12.88
- Annualized Rate: 7.69%

• - Tax-Advantaged Dividend Income Fund (Ticker: HTD)

- Distribution per Share: $0.1580
- Market Price: $25.64
- Annualized Rate: 7.39%

All these distributions are part of the funds’ managed distribution plans, which aim to provide regular income for investors. The Premium Dividend Fund and the Tax-Advantaged Dividend Income Fund both adhere to their specific distribution protocols to ensure all eligible shareholders receive fair dividends.

Understanding the Distribution Components

Investors should note that the distributions may not solely consist of net investment income. They might include net realized long-term capital gains and net realized short-term capital gains, and if necessary, a return of capital. Hence, it’s vital for shareholders to understand these components, as they may influence tax implications and overall returns.

Furthermore, if distributions are not entirely composed of net investment income, a notice detailing the estimated components will be provided to shareholders at the time of payment. This helps investors accurately determine their tax responsibilities. A Form 1099-DIV will be sent after the calendar year, summarizing all payments received for proper tax reporting.

The Future Outlook for Investors

While recent distributions offer a glimpse into the funds' reliability, it is essential to exercise caution in relying solely on past performance to predict future results. Investors must also consider several factors that may impact fund performance, including market trends, changes in interest rates, and potential economic fluctuations.

In summary, with the recent announcement of monthly distributions, John Hancock continues to fulfill its commitment to deliver consistent returns to its investors. While evaluating options in their investment portfolios, investors should always review their individual circumstances, including risk tolerance and investment goals, to make informed decisions.

For further inquiries or more detailed information, shareholders can reach out to their investment advisors or contact John Hancock directly through their investor relations.

For more details about these funds and their performance, visit John Hancock Investments.