John Hancock Announces Monthly Distributions for Closed-End Funds

The declared distributions include $0.1235 per share for the Preferred Income Fund I (HPI) and Preferred Income Fund II (HPF), while the Preferred Income Fund III (HPS) will pay $0.1100. The Premium Dividend Fund (PDT) is set at $0.0883, and the Tax-Advantaged Dividend Income Fund (HTD) at $0.1580. These payments are consistent with previous months, reflecting the managed distribution plans currently in place for the PDT and HTD funds.

Alongside the dividend announcements, John Hancock confirmed that HPI, HPF, and HPS will shift their fiscal year-end from July 31 to October 31, effective October 31, 2026. Management noted that these distributions may originate from net investment income, realized capital gains, or return of capital. Shareholders will receive official notices regarding the specific tax components of these payments at the time of distribution, with final tax reporting provided via Form 1099-DIV after the calendar year concludes.