BOSTON, Aug. 1, 2025 /PRNewswire/ - The John Hancock closed-end funds listed below declared their monthly distributions today as follows:

Declaration Date: August 1, 2025

Ex Date: August 11, 2025

Record Date: August 11, 2025

Payment Date: August 29, 2025

 
                                                                       Annualized 
                                                           Market       Current 
                                           Change From    Price as    Distribution 
                            Distribution     Previous        of         Rate at 
 Ticker      Fund Name        Per Share    Distribution   7/31/2025      Market 
--------  ---------------  -------------  -------------  ----------  ------------- 
             Preferred 
  HPI      Income Fund I      $0.1235           -          $16.06       9.23 % 
--------  ---------------  -------------  -------------  ----------  ------------- 
             Preferred 
            Income Fund 
  HPF            II           $0.1235           -          $16.04       9.24 % 
--------  ---------------  -------------  -------------  ----------  ------------- 
             Preferred 
            Income Fund 
  HPS           III           $0.1100           -          $14.38       9.18 % 
--------  ---------------  -------------  -------------  ----------  ------------- 
              Premium 
  PDT      Dividend Fund      $0.0825           -          $13.34       7.42 % 
--------  ---------------  -------------  -------------  ----------  ------------- 
          Tax-Advantaged 
              Dividend 
  HTD       Income Fund       $0.1580           -          $24.27       7.81 % 
--------  ---------------  -------------  -------------  ----------  ------------- 
 

John Hancock Premium Dividend Fund

Premium Dividend Fund (the "Fund") declared its monthly distribution pursuant to the Fund's managed distribution plan (the "PDT Plan"). Under the PDT Plan, the Fund makes monthly distributions of an amount equal to $0.0825 per share. This amount will be paid monthly until further notice.

Distributions under the PDT Plan may consist of net investment income, net realized long-term capital gains, net realized short-term capital gains and, to the extent necessary, return of capital.

The Fund may also make additional distributions (i) for purposes of not incurring federal income tax on investment company taxable income and net capital gain of the Fund, if any, not included in such regular distributions and (ii) for purposes of not incurring federal excise tax on ordinary income and capital gain net income, if any, not included in such regular monthly distributions.

The Board may amend the terms of the PDT Plan or terminate the PDT Plan at any time.

John Hancock Tax-Advantaged Dividend Income Fund

Tax-Advantaged Dividend Income Fund (the "Fund") declared its monthly distribution pursuant to the Fund's managed distribution plan (the "HTD Plan"). Under the HTD Plan, the Fund makes monthly distributions of an amount equal to $0.1580 per share. This amount will be paid monthly until further notice.

Distributions under the HTD Plan may consist of net investment income, net realized long-term capital gains, net realized short-term capital gains and, to the extent necessary, return of capital.

The Fund may also make additional distributions (i) for purposes of not incurring federal income tax on investment company taxable income and net capital gain of the Fund, if any, not included in such regular distributions and (ii) for purposes of not incurring federal excise tax on ordinary income and capital gain net income, if any, not included in such regular monthly distributions.

The Board may amend the terms of the HTD Plan or terminate the HTD Plan at any time.

A portion of a Fund's current distribution may include sources other than net investment income, including a return of capital. Investors should understand that a return of capital is not a distribution from income or gains of a Fund. As required under the Investment Company Act of 1940, a notice with the estimated components of the distribution will be sent to shareholders at the time of payment if it does not consist solely of net investment income. Such notice will also be posted to the Funds' website at www.jhinvestments.com. The notice should not be used to prepare tax returns as the estimates indicated in the notice may differ from the ultimate federal income tax characterization of distributions. After the end of each calendar year, investors will be sent a Form 1099-DIV informing them how to report distributions received during that year for federal income tax purposes.

Statements in this press release that are not historical facts are forward-looking statements as defined by the United States securities laws. You should exercise caution in interpreting and relying on forward-looking statements because they are subject to uncertainties and other factors which are, in some cases, beyond the Fund's control and could cause actual results to differ materially from those set forth in the forward-looking statements.

An investor should consider a Fund's investment objectives, risks, charges and expenses carefully before investing.

About Manulife John Hancock Investments

We serve investors through a unique multimanager approach, complementing our extensive in-house capabilities with an unrivaled network of specialized asset managers, backed by some of the most rigorous investment oversight in the industry. The result is a diverse lineup of time-tested investments from a premier asset manager with a heritage of financial stewardship.

About Manulife Wealth & Asset Management

As part of Manulife Financial Corporation, Manulife Wealth & Asset Management provides global investment, financial advice, and retirement plan services to 19 million individuals, institutions, and retirement plan members worldwide. Our mission is to make decisions easier and lives better by empowering people today to invest for a better tomorrow. As a committed partner to our clients and as a responsible steward of investor capital, we offer a heritage of risk management, deep expertise across public and private markets, and comprehensive retirement plan services. We seek to provide better investment and impact outcomes and to help people confidently save and invest for a more secure financial future. Not all offerings are available in all jurisdictions. For additional information, please visit manulifeim.com.

 
Media Contact:      Gordon Haight 
 
                    (617) 572-0034 
 
Investor Contact:   (800) 843-0090 
 

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SOURCE John Hancock Investment Management

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August 01, 2025 16:19 ET (20:19 GMT)